Upload Button Icon Add office photos
filter salariesFilter salaries by

Mahindra Finance State Collection Head salaries in India

Annual salary range
14 - 15 years exp.
₹8.9 Lakhs - ₹12.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

26% less than the average State Collection Head Salary in NBFC Companies for 14 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
State Collection Head Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹11.3 L/yr - ₹13.8 L/yr

Finance & Accounting
State Collection Head Salary
15 years exp. (AmbitionBox Estimate)
unlock-blur

₹8 L/yr - ₹9.8 L/yr

Marketing & Communication
State Collection Head Salary
15 years exp. (AmbitionBox Estimate)
unlock-blur

₹9.1 L/yr - ₹11.2 L/yr

Last Updated: 19 Dec 2024

Companies similar to Mahindra Finance for State Collection Head

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank State Collection Head Salary

5 - 18 years exp. (4 salaries)

unlock blur

₹6 L/yr - ₹16.6 L/yr

arrow icon 3% less
Logo
Shriram Finance State Collection Head Salary

10 - 22 years exp. (3 salaries)

unlock blur

₹12 L/yr - ₹25.5 L/yr

arrow icon 66% more
Logo
L&T Finance State Collection Head Salary

9 - 15 years exp. (3 salaries)

unlock blur

₹15 L/yr - ₹19.1 L/yr

arrow icon 70% more
unlock blur

₹26 L/yr - ₹38 L/yr

arrow icon 199% more
Logo
Poonawalla Fincorp State Collection Head Salary

12 - 21 years exp. (30 salaries)

unlock blur

₹8.5 L/yr - ₹19 L/yr

arrow icon 42% more
Logo
Aavas Financiers State Collection Head Salary

4 - 19 years exp. (4 salaries)

unlock blur

₹5.6 L/yr - ₹16 L/yr

arrow icon 14% less
Logo
unlock blur

₹7.8 L/yr - ₹16.4 L/yr

arrow icon 11% more
State Collection Head salary at Mahindra Finance ranges between ₹8.9 Lakhs to ₹12.5 Lakhs per year for employees with experience between 14 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance State Collection Head

1mo ago
avg blur mobile
14 years exp.
4mo ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
15 years exp.

Experience wise Mahindra Finance State Collection Head salaries

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

unlock blur

₹10.2 L/yr - ₹12.5 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹8.9 L/yr - ₹10.2 L/yr

Similar Designation salaries in Mahindra Finance

unlock blur
₹2.35 L/yr - ₹11.57 L/yr
Branch Manager Salary
(161 salaries)
unlock blur
₹2.05 L/yr - ₹9.1 L/yr
unlock blur
₹1.5 L/yr - ₹4.78 L/yr
unlock blur
₹2.3 L/yr - ₹5.5 L/yr
unlock blur
₹2.2 L/yr - ₹6 L/yr
Credit Manager Salary
(85 salaries)
unlock blur
₹2.78 L/yr - ₹13 L/yr
unlock blur
₹3 L/yr - ₹7 L/yr
unlock blur
₹1.5 L/yr - ₹5.5 L/yr
Credit Officer Salary
(36 salaries)
unlock blur
₹1.5 L/yr - ₹3.58 L/yr
Cluster Manager Salary
(31 salaries)
unlock blur
₹6.5 L/yr - ₹16 L/yr

Salary related reviews for Mahindra Finance

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more

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.

read more

Dislikes

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

read more

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.

read more

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.

read more

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..

read more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra Finance State Collection Head Salary FAQs

What is the salary of State Collection Head at Mahindra Finance?
State Collection Head salary at Mahindra Finance in India ranges between ₹8.9 Lakhs to ₹12.5 Lakhs for experience between 14 years to 15 years. According to our estimates it is 26% less than the average State Collection Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a State Collection Head at Mahindra Finance India compare with the average salary range for this job?
The average salary of a State Collection Head at Mahindra Finance is 26% less than the average salary of a State Collection Head in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a State Collection Head in India?
  • Cholamandalam Investment & Finance State Collection Head Salary - ₹26.0 Lakhs to ₹38.0 Lakhs per year
  • L&T Finance State Collection Head Salary - ₹15.0 Lakhs to ₹19.1 Lakhs per year
  • Shriram Finance State Collection Head Salary - ₹12.0 Lakhs to ₹25.5 Lakhs per year
  • Poonawalla Fincorp State Collection Head Salary - ₹8.5 Lakhs to ₹19.0 Lakhs per year
  • SMFG India Credit State Collection Head Salary - ₹7.8 Lakhs to ₹16.4 Lakhs per year
What is the salary of a State Collection Head in companies similar to Mahindra Finance in India?
  • HDFC Bank State Collection Head Salary - ₹6.0 Lakhs to ₹16.6 Lakhs per year
  • Aavas Financiers State Collection Head Salary - ₹5.6 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a State Collection Head at Mahindra Finance in India?
The estimated take-home salary of a State Collection Head at Mahindra Finance ranges between ₹75,022 per month to ₹76,964 per month in India. The take-home salary calculation is based on the average Mahindra Finance State Collection Head salary in India which ranges between ₹8.9 Lakhs to ₹12.5 Lakhs per year for employees with experience between 14 years to 15 years. Check how did we calculate take home salary?
What is the notice period for State Collection Head at Mahindra Finance?
According to AmbitionBox, 100% of the Mahindra Finance State Collection Heads reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance State Collection Head salary in India ranges between ₹8.9 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.