Mahindra Finance Senior Collections Manager Salaries by 2 Employees (Updated 2025)

12 - 15 years exp.

₹9.6 Lakhs - ₹12.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 14 Jan 2025

Companies similar to Mahindra Finance for Senior Collections Manager

Company name	Avg Annual Salary	Open Jobs
LendingKart Senior Collections Manager Salary 14 - 16 years exp. (4 salaries)	₹14 L/yr - ₹29 L/yr 70% more
Bajaj Finance Senior Collections Manager Salary 10 - 17 years exp. (4 salaries)	₹4.4 L/yr - ₹27.5 L/yr 45% more
Login to view exact salary
Yes Bank Senior Collections Manager Salary 14 - 19 years exp. (8 salaries)	₹8 L/yr - ₹17.8 L/yr 9% more
IDFC FIRST Bank Senior Collections Manager Salary 10 - 15 years exp. (7 salaries)	₹8.2 L/yr - ₹19 L/yr 18% more
ICICI Bank Senior Collections Manager Salary 12 - 16 years exp. (6 salaries)	₹9.2 L/yr - ₹14 L/yr 13% more

Senior Collections Manager salary at Mahindra Finance ranges between ₹9.6 Lakhs to ₹12.2 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Finance.

Similar Designation salaries in Mahindra Finance

Senior Area Collection Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Collection Officer Salary

(26 salaries)

₹2.3 L/yr - ₹5.1 L/yr

Regional Collection Manager Salary

(5 salaries)

₹15 L/yr - ₹23 L/yr

Territory Collection Manager Salary

(3 salaries)

₹3 L/yr - ₹5.4 L/yr

Zonal Collection Manager Salary

(3 salaries)

₹7.5 L/yr - ₹25.5 L/yr

Area Collection Manager Salary

(77 salaries)

₹3.75 L/yr - ₹11.57 L/yr

Collections Manager Salary

(73 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Branch Collection Manager Salary

(5 salaries)

₹2 L/yr - ₹3.65 L/yr

Collection Officer Salary

(144 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(87 salaries)

₹2.2 L/yr - ₹6 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.

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

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Senior Collections Manager Salary FAQs

How the salary growth look like for a Senior Collections Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
12 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
15 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Senior Collections Manager Salaries

Mahindra Finance Senior Collections Manager salary in India ranges between ₹9.6 Lakhs to ₹12.2 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.