Mahindra Rural Housing Finance Bhopal Collection Officer Salaries by 5 Employees

3 - 5 years exp.

₹2 Lakhs - ₹2.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% less than the average Collection Officer Salary in NBFC Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to Mahindra Rural Housing Finance for Collection Officer in Bhopal

Mahindra Rural Housing Finance Collection Officer Salary

3 - 5 years exp. (5 salaries)

₹2 L/yr - ₹2.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Collection Officer Salary 4 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹4.3 L/yr 24% more
Home Credit Finance Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr 7% less
Login to view exact salary
Dhani Loans and Services Collection Officer Salary 0 - 6 years exp. (37 salaries)	₹2 L/yr - ₹3 L/yr 5% more
IDFC FIRST Bank Collection Officer Salary 1 - 6 years exp. (10 salaries)	₹2 L/yr - ₹3.5 L/yr 34% more
Sammaan Capital Limited Collection Officer Salary 2 - 5 years exp. (8 salaries)	₹2.1 L/yr - ₹3.6 L/yr 19% more

Collection Officer salary at Mahindra Rural Housing Finance ranges between ₹2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Collection Officer salaries in Bhopal

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Executive Salary

(4 salaries)

₹1.95 L/yr - ₹2.62 L/yr

Branch Collection Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5 L/yr

Credit Associate Salary

(3 salaries)

₹1.6 L/yr - ₹1.82 L/yr

Salary related reviews for Mahindra Rural Housing Finance

5.0

Rated by 1 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

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Rural Housing Finance Collection Officer Salary FAQs

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

The average salary of a Collection Officer at Mahindra Rural Housing Finance in Bhopal typically ranges from ₹2.0 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Collection Officer in Bhopal at Mahindra Rural Housing Finance earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Collection Officer Salaries at Mahindra Rural Housing Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Collection Officer at Mahindra Rural Housing Finance in Bhopal typically ranges from ₹15,944 to ₹17,593 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 3 years to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Collection Officer in India?

IDFC FIRST Bank	₹2.0 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance	₹2.4 Lakhs to ₹4.3 Lakhs per year
Sammaan Capital Limited	₹2.1 Lakhs to ₹3.6 Lakhs per year
Dhani Loans and Services	₹2.0 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Rural Housing Finance, depending on the role and experience level.

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

The salary of a Collection Officer at companies similar to Mahindra Rural Housing Finance in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Home Credit Finance

₹1.9 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Collection Officer at Mahindra Rural Housing Finance in Bhopal?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Collection Officer Salaries in Bhopal

Mahindra Rural Housing Finance Collection Officer salary in Bhopal ranges between ₹2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.