Mahindra Rural Housing Finance Collection Officer Salaries by 10+ Employees (Updated 2025)

3 - 6 years exp.

₹1.9 Lakh - ₹3.1 Lakhs

Salary of majority employees

14% less than the average Collection Officer Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Collection Officer Salary 3 - 5 years exp. (6 salaries)	₹2 L/yr - ₹2.5 L/yr
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Finance & Accounting Collection Officer Salary 3 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr

Last Updated: 2 Aug 2024

Companies similar to Mahindra Rural Housing Finance for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Collection Officer Salary 0 - 6 years exp. (29 salaries)	₹1.5 L/yr - ₹3.6 L/yr 16% more
L&T Finance Collection Officer Salary 0 - 7 years exp. (299 salaries)	₹1.2 L/yr - ₹3.8 L/yr At par
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Piramal Capital Housing Finance Collection Officer Salary 4 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹3.6 L/yr 21% more
Sammaan Capital Limited Collection Officer Salary 1 - 8 years exp. (260 salaries)	₹1.7 L/yr - ₹3.7 L/yr 17% more
HDFC Bank Collection Officer Salary 0 - 7 years exp. (349 salaries)	₹1.2 L/yr - ₹4.5 L/yr 9% more
HDB Financial Services Collection Officer Salary 0 - 8 years exp. (801 salaries)	₹1 L/yr - ₹4.5 L/yr 5% more	2 job openings
Bajaj Finance Collection Officer Salary 0 - 8 years exp. (166 salaries)	₹1.1 L/yr - ₹5.6 L/yr 61% more
Mahindra Finance Collection Officer Salary 1 - 8 years exp. (142 salaries)	₹1.5 L/yr - ₹4.5 L/yr 25% more
SMFG India Credit Collection Officer Salary 0 - 6 years exp. (99 salaries)	₹1 L/yr - ₹4.5 L/yr 29% more
IIFL Finance Collection Officer Salary 0 - 10 years exp. (65 salaries)	₹2.1 L/yr - ₹4.8 L/yr 40% more
Poonawalla Fincorp Collection Officer Salary 2 - 10 years exp. (65 salaries)	₹1.8 L/yr - ₹3.6 L/yr 10% more
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Aditya Birla Finance Collection Officer Salary 1 - 9 years exp. (51 salaries)	₹2.5 L/yr - ₹5.2 L/yr 72% more
Home Credit Finance Collection Officer Salary 0 - 9 years exp. (45 salaries)	₹1.5 L/yr - ₹3.6 L/yr At par
Shriram Finance Collection Officer Salary 1 - 9 years exp. (44 salaries)	₹1.9 L/yr - ₹4.5 L/yr 32% more
Tata Motors Finance Collection Officer Salary 3 - 8 years exp. (38 salaries)	₹1.5 L/yr - ₹4 L/yr At par
Tata Capital Collection Officer Salary 1 - 12 years exp. (37 salaries)	₹2 L/yr - ₹4.4 L/yr 35% more	12 job openings
TVS Credit Collection Officer Salary 3 - 8 years exp. (34 salaries)	₹1.5 L/yr - ₹4.6 L/yr 19% more
Kotak Mahindra Prime Collection Officer Salary 0 - 9 years exp. (16 salaries)	₹2 L/yr - ₹3 L/yr 10% more
Muthoot Fincorp Collection Officer Salary 0 - 10 years exp. (9 salaries)	₹2.2 L/yr - ₹2.9 L/yr 16% more
Manappuram Finance Collection Officer Salary 1 - 4 years exp. (11 salaries)	₹2.8 L/yr - ₹4.5 L/yr 46% more

View all

Collection Officer salary at Mahindra Rural Housing Finance ranges between ₹1.9 Lakh to ₹3.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Collection Officer salaries

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
3 years (6 salaries)	₹1.9 L/yr - ₹4.1 L/yr
4 years (7 salaries)	₹2 L/yr - ₹3.1 L/yr
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5 years (5 salaries)	₹2.1 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Collections Manager Salary

(136 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Senior Collection Officer Salary

(4 salaries)

₹1.8 L/yr - ₹2.2 L/yr

Collection Associate Salary

(3 salaries)

₹1.6 L/yr - ₹2.4 L/yr

Sales Officer Salary

(7 salaries)

₹1.85 L/yr - ₹2.5 L/yr

Relationship Officer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Field Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.8 L/yr

Recovery Officer Salary

(4 salaries)

₹2.24 L/yr - ₹3.5 L/yr

Area Collection Manager Salary

(11 salaries)

₹8 L/yr - ₹22 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Sales Manager Salary

(19 salaries)

₹1.5 L/yr - ₹6 L/yr

Salary related reviews for Mahindra Rural Housing Finance

3.5

Rated by 12 employees for salary & benefits

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 Officer Salary FAQs

What is the salary of Collection Officer at Mahindra Rural Housing Finance?

Collection Officer salary at Mahindra Rural Housing Finance in India ranges between ₹1.9 Lakhs to ₹3.1 Lakhs for experience between 3 years to 6 years. According to our estimates it is 14% less than the average Collection Officer Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Mahindra Rural Housing Finance India.

How does the salary of a Collection Officer at Mahindra Rural Housing Finance India compare with the average salary range for this job?

The average salary of a Collection Officer at Mahindra Rural Housing Finance is 14% less than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Collection Officer in India?

Aditya Birla Finance Collection Officer Salary - ₹2.5 Lakhs to ₹5.2 Lakhs per year
Bajaj Finance Collection Officer Salary - ₹1.1 Lakhs to ₹5.6 Lakhs per year
Manappuram Finance Collection Officer Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Collection Officer Salary - ₹2.1 Lakhs to ₹4.8 Lakhs per year
Tata Capital Collection Officer Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year

What is the salary of a Collection Officer in companies similar to Mahindra Rural Housing Finance in India?

Shriram Finance Collection Officer Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit Collection Officer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance Collection Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Piramal Capital Housing Finance Collection Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
TVS Credit Collection Officer Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Collection Officer at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Collection Officer at Mahindra Rural Housing Finance ranges between ₹16,184 per month to ₹17,854 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Collection Officer salary in India which ranges between ₹1.9 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 33% of the Mahindra Rural Housing Finance Collection Officers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Collection Officer Salaries by Location

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Mahindra Rural Housing Finance Collection Officer Salaries

Mahindra Rural Housing Finance Collection Officer salary in India ranges between ₹1.9 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Collection Officer salaries in India

Companies similar to Mahindra Rural Housing Finance for Collection Officer

Latest annual salaries shared by Mahindra Rural Housing Finance Collection Officer

Experience wise Mahindra Rural Housing Finance Collection Officer salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Branch Manager in Shujalpur

Branch Manager in Akola

Sales Executive in Vellore

Branch Manager in Paithan

Branch Manager (working remotely)

Mahindra Rural Housing Finance Collection Officer Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance Collection Officer Salaries by Location