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Mahindra Finance Recovery Officer Salaries in India

based on 26 latest salaries
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Finance & Accounting BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
2 - 9 years exp. (26 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

4 - 9 years exp. (14 salaries)
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₹2.6 L/yr - ₹4.7 L/yr

0 - 6 years exp. (14 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

7 - 16 years exp. (13 salaries)
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₹8 L/yr - ₹29.1 L/yr

1 - 9 years exp. (13 salaries)
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₹2 L/yr - ₹5 L/yr

0 - 9 years exp. (13 salaries)
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₹2.8 L/yr - ₹11.5 L/yr

7 - 16 years exp. (12 salaries)
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₹5 L/yr - ₹10.3 L/yr

1 - 6 years exp. (12 salaries)
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₹2.6 L/yr - ₹3.8 L/yr

3 - 9 years exp. (12 salaries)
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₹3.3 L/yr - ₹10 L/yr

1 - 13 years exp. (12 salaries)
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₹1.3 L/yr - ₹6.7 L/yr

2 - 16 years exp. (12 salaries)
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₹9 L/yr - ₹31.6 L/yr

3 - 8 years exp. (12 salaries)
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₹2.7 L/yr - ₹4 L/yr

1 - 6 years exp. (12 salaries)
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₹2.5 L/yr - ₹3 L/yr

0 - 6 years exp. (12 salaries)
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₹2.2 L/yr - ₹3.5 L/yr

8 - 18 years exp. (11 salaries)
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₹7 L/yr - ₹14.5 L/yr

6 - 11 years exp. (11 salaries)
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₹2.8 L/yr - ₹6.2 L/yr

2 - 6 years exp. (11 salaries)
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₹1.7 L/yr - ₹3 L/yr

7 - 19 years exp. (11 salaries)
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₹12.6 L/yr - ₹14.6 L/yr

5 - 11 years exp. (11 salaries)
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₹5 L/yr - ₹9 L/yr

7 - 14 years exp. (11 salaries)
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₹3.5 L/yr - ₹8 L/yr

0 - 5 years exp. (11 salaries)
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₹1.2 L/yr - ₹3.9 L/yr

Last Updated: 20 Dec, 2024

Salary related reviews for Mahindra Finance

2.5

Rated by 21 employees for salary & benefits

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.

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Dislikes

So far no issues.

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.

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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.

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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..

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BFSI, Investments & Trading Department

4.0
  •  posted on 01 May 2022

4.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

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Finance & Accounting Department

5.0
  •  posted on 19 Feb 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

read more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more
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Mahindra Finance Salary FAQs

How much does Mahindra Finance pay per year?
The average Mahindra Finance salary ranges from approximately ₹0.1 Lakh to ₹1.5 Lakh per year for a Tele Caller and ₹90 Lakhs to ₹98 Lakhs per year for a Marketing Head. Salary estimates are based on 26 Mahindra Finance salaries received from various employees of Mahindra Finance. Mahindra Finance employees rate the overall salary and benefits package 2.5/5 stars.
What is the highest salary in Mahindra Finance?
The highest-paying job at Mahindra Finance is a Marketing Head with a salary of ₹90 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹45.03 lakhs per year.
What is the minimum salary in Mahindra Finance?
Minimum salary at Mahindra Finance depends on the role you are applying for. For Cashier the minimum salary is ₹1.3 Lakh to ₹4.5 Lakhs per year, and for Collections Executive the minimum salary is ₹1.4 Lakh to ₹5.2 Lakhs per year and so on.
What is the salary package for freshers in Mahindra Finance?
The average salary at Mahindra Finance for freshers varies from ₹1.8 Lakh to ₹2.3 Lakhs per year for Accounts Assistant & Cashier and ₹4 Lakhs to ₹13 Lakhs per year for Management Trainee.
What is the notice period for Recovery Officer at Mahindra Finance?
According to AmbitionBox, 38% of the Mahindra Finance Recovery Officers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Average annual salary for Recovery Officer in Mahindra Finance is INRunlock blur . Salary estimates are based on 26 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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