Mahindra Finance New Delhi Senior Collection Officer Salaries by 4 Employees

3 - 6 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% more than the average Senior Collection Officer Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Collection Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.2 L/yr
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Finance & Accounting Senior Collection Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Last Updated: 21 Jun 2024

Companies similar to Mahindra Finance for Senior Collection Officer in New Delhi

Mahindra Finance Senior Collection Officer Salary

3 - 6 years exp. (4 salaries)

₹3 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Senior Collection Officer Salary 1 - 9 years exp. (57 salaries)	₹1.7 L/yr - ₹4.5 L/yr 23% less
Sammaan Capital Limited Senior Collection Officer Salary 3 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹4.7 L/yr At par
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HDFC Bank Senior Collection Officer Salary 4 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.3 L/yr 7% less
Ziploan.in Senior Collection Officer Salary 3 - 7 years exp. (7 salaries)	₹3.2 L/yr - ₹3.7 L/yr 11% less
Dhani Loans and Services Senior Collection Officer Salary 2 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹3.2 L/yr 26% less

Senior Collection Officer salary at Mahindra Finance ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Senior Collection Officer salaries in New Delhi

Last Updated: 21 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Mahindra Finance

Collections Manager Salary

(6 salaries)

₹3.05 L/yr - ₹7.2 L/yr

Collection Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.37 L/yr

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

Collections Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 21 Jun 2023

4.0

for Salary and Benefits

Likes

Mahindra and Mahindra company is very best industry, this company staff & senior is very helpfull , & company culture and company timing is the best.

Salary - Good

+3 more

Dislikes

Mahindra and Mahindra company neither promotes it's employee nor increase the salary in appraisal.

Promotions - Poor

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Finance Senior Collection Officer Salary FAQs

What is the salary of Senior Collection Officer at Mahindra Finance in New Delhi?

The average salary of a Senior Collection Officer at Mahindra Finance in New Delhi typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Collection Officer in New Delhi at Mahindra Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Senior Collection Officer Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mahindra Finance employees in India.

What is the estimated take home salary of a Senior Collection Officer at Mahindra Finance in New Delhi?

The estimated take-home salary of a Senior Collection Officer at Mahindra Finance in New Delhi typically ranges from ₹27,795 to ₹29,192 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 3 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Collection Officer in companies similar to Mahindra Finance in New Delhi?

The salary of a Senior Collection Officer at companies similar to Mahindra Finance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited	₹2.6 Lakhs to ₹4.7 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹4.3 Lakhs per year
Ziploan.in	₹3.2 Lakhs to ₹3.7 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹4.5 Lakhs per year
Dhani Loans and Services	₹2.5 Lakhs to ₹3.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Collection Officer at Mahindra Finance in New Delhi?

The salary growth for a Senior Collection Officer at Mahindra Finance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Collection Officer in New Delhi can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Mahindra Finance Senior Collection Officer Salaries in New Delhi

Mahindra Finance Senior Collection Officer salary in New Delhi ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Senior Collection Officer salaries in New Delhi

Companies similar to Mahindra Finance for Senior Collection Officer in New Delhi

Latest annual salaries shared by Mahindra Finance Senior Collection Officer in New Delhi

Experience wise Mahindra Finance Senior Collection Officer salaries in New Delhi

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Deputy Manager in Mumbai

Back Office Executive in Faizabad

Collections Manager in New Delhi

Relationship Manager in Chandigarh

Mahindra Finance Senior Collection Officer Salary FAQs

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