Mahindra Rural Housing Finance Collection Associate Salaries by 3 Employees (Updated 2025)

2 - 6 years exp.

₹1.6 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Collection Associate Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role?

Last Updated: 17 Sep 2024

Companies similar to Mahindra Rural Housing Finance for Collection Associate

Company name	Avg Annual Salary	Open Jobs
L&T Finance Collection Associate Salary 3 - 11 years exp. (4 salaries)	₹1.9 L/yr - ₹4.8 L/yr 34% more
HDFC Bank Collection Associate Salary 0 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.8 L/yr 27% more
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HDB Financial Services Collection Associate Salary 0 - 12 years exp. (335 salaries)	₹1.7 L/yr - ₹4.7 L/yr 52% more	5 job openings
Home Credit Finance Collection Associate Salary 1 - 7 years exp. (32 salaries)	₹1.4 L/yr - ₹3.5 L/yr 21% more
Tata Motors Finance Collection Associate Salary 0 - 5 years exp. (23 salaries)	₹1.5 L/yr - ₹4.5 L/yr 16% more
Mahindra Finance Collection Associate Salary 0 - 7 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 28% more
IIFL Finance Collection Associate Salary 4 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹3.9 L/yr 61% more
TVS Credit Collection Associate Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹3.2 L/yr 8% less
Shriram Finance Collection Associate Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 56% more
Tata Capital Collection Associate Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 57% more

Collection Associate salary at Mahindra Rural Housing Finance ranges between ₹1.6 Lakh to ₹2.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Collection Associate salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

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Salary related reviews for Mahindra Rural Housing Finance

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

Branch Manager in Akola

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

I like company culture environment co operative senior..

Skill development - Good

+5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Branch Manager in Paithan

Full Time

Sales & Business Development Department

5.0

• posted on 03 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are suppotive and the management is transparent. Company polices are good

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Branch Manager (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 Feb 2023

2.0

for Salary and Benefits

Likes

Working time is good, Salary in time, Salary advance facilities available.

Job security - Good

Dislikes

Lot of politics in this organization, Career growth not possible, Always give negative feedback those are left this organization.

Salary - Poor

+3 more

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Rural Housing Finance Collection Associate Salary FAQs

What is the notice period for Collection Associate at Mahindra Rural Housing Finance?

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Collection Associates reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Collection Associate Salaries

Mahindra Rural Housing Finance Collection Associate salary in India ranges between ₹1.6 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.