Mahindra Finance Zonal Collection Manager Salaries by 3 Employees (Updated 2025)

12 - 26 years exp.

₹7.5 Lakhs - ₹25.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Zonal Collection Manager Salary in NBFC Companies for 12 - 26 years of experience

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Salaries in different departments

Finance & Accounting Zonal Collection Manager Salary 15 - 26 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹25.5 L/yr
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BFSI, Investments & Trading Zonal Collection Manager Salary 12 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 12 Mar 2025

Companies similar to Mahindra Finance for Zonal Collection Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Zonal Collection Manager Salary 13 - 22 years exp. (44 salaries)	₹13 L/yr - ₹26 L/yr 33% more
L&T Finance Zonal Collection Manager Salary 15 - 22 years exp. (20 salaries)	₹30 L/yr - ₹56 L/yr 186% more
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Capri Global Capital Zonal Collection Manager Salary 14 - 29 years exp. (7 salaries)	₹16 L/yr - ₹39 L/yr 72% more
PNB Housing Finance Zonal Collection Manager Salary 12 - 17 years exp. (7 salaries)	₹8 L/yr - ₹36.8 L/yr 42% more
IIFL Finance Zonal Collection Manager Salary 11 - 17 years exp. (6 salaries)	₹10 L/yr - ₹31 L/yr 41% more
SMFG India Credit Zonal Collection Manager Salary 13 - 20 years exp. (6 salaries)	₹14 L/yr - ₹44 L/yr 85% more
Bajaj Finance Zonal Collection Manager Salary 17 - 21 years exp. (5 salaries)	₹32 L/yr - ₹51.2 L/yr 173% more
Poonawalla Fincorp Zonal Collection Manager Salary 15 - 22 years exp. (5 salaries)	₹34 L/yr - ₹37 L/yr 136% more
Kotak Mahindra Prime Zonal Collection Manager Salary 18 - 22 years exp. (4 salaries)	₹19.3 L/yr - ₹30 L/yr 75% more
Tata Capital Housing Finance Zonal Collection Manager Salary 15 - 25 years exp. (4 salaries)	₹20 L/yr - ₹63 L/yr 142% more
Sammaan Capital Limited Zonal Collection Manager Salary 13 - 25 years exp. (4 salaries)	₹16.3 L/yr - ₹38 L/yr 112% more
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Zonal Collection Manager salary at Mahindra Finance ranges between ₹7.5 Lakhs to ₹25.5 Lakhs per year for employees with experience between 12 years to 26 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Zonal Collection Manager salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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15+ years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr

Similar Designation salaries in Mahindra Finance

Area Collection Manager Salary

(79 salaries)

₹3.75 L/yr - ₹11.57 L/yr

Regional Collection Manager Salary

(5 salaries)

₹15 L/yr - ₹23 L/yr

Branch Collection Manager Salary

(6 salaries)

₹1.75 L/yr - ₹3.65 L/yr

Collections Manager Salary

(73 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Territory Collection Manager Salary

(3 salaries)

₹3 L/yr - ₹5.4 L/yr

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

Collection Officer Salary

(144 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Cluster Manager Salary

(34 salaries)

₹6.5 L/yr - ₹16 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Zonal Collection Manager Salary FAQs

How the salary growth look like for a Zonal Collection Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
12 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
15 years	₹16.9 Lakhs to ₹21.6 Lakhs per year

and so on.

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Mahindra Finance Zonal Collection Manager Salaries

Mahindra Finance Zonal Collection Manager salary in India ranges between ₹7.5 Lakhs to ₹25.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.