Mahindra Rural Housing Finance Collections Manager Salaries by 100+ Employees (Updated 2025)

1 - 10 years exp.

₹1.2 Lakh - ₹5.5 Lakhs

Salary of majority employees

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50% less than the average Collections Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Collections Manager Salary 1 - 6 years exp. (29 salaries)	Unlock ₹1.4 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Collections Manager Salary 1 - 8 years exp. (18 salaries)	Unlock ₹1.5 L/yr - ₹3.7 L/yr
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Sales & Business Development Collections Manager Salary 3 - 9 years exp. (7 salaries)	Unlock ₹2.3 L/yr - ₹3.6 L/yr
Customer Success, Service & Operations Collections Manager Salary 1 - 6 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹4.1 L/yr
Marketing & Communication Collections Manager Salary 5 - 10 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹4 L/yr

Last Updated: 19 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Collections Manager

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Collections Manager Salary 2 - 7 years exp. (34 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 19% more
L&T Finance Collections Manager Salary 4 - 12 years exp. (183 salaries)	Unlock ₹2.4 L/yr - ₹9.4 L/yr 106% more
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Piramal Capital Housing Finance Collections Manager Salary 3 - 11 years exp. (39 salaries)	Unlock ₹2.5 L/yr - ₹9.2 L/yr 110% more
Truhome Finance Collections Manager Salary 18 - 20 years exp. (3 salaries)	Unlock ₹4.6 L/yr - ₹8.3 L/yr 110% more
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	Unlock ₹2.4 L/yr - ₹6.5 L/yr 68% more
HDFC Bank Collections Manager Salary 0 - 18 years exp. (756 salaries)	Unlock ₹2 L/yr - ₹11.1 L/yr 132% more	2 job openings
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (342 salaries)	Unlock ₹1.2 L/yr - ₹7.8 L/yr 71% more
HDB Financial Services Collections Manager Salary 2 - 17 years exp. (314 salaries)	Unlock ₹2.8 L/yr - ₹9 L/yr 121% more	9 job openings
Tata Capital Collections Manager Salary 3 - 13 years exp. (291 salaries)	Unlock ₹2.4 L/yr - ₹9.5 L/yr 119% more	15 job openings
Shriram Finance Collections Manager Salary 2 - 10 years exp. (190 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 36% more
SMFG India Credit Collections Manager Salary 4 - 11 years exp. (190 salaries)	Unlock ₹2.2 L/yr - ₹8.1 L/yr 71% more
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Kotak Mahindra Prime Collections Manager Salary 3 - 10 years exp. (131 salaries)	Unlock ₹2.3 L/yr - ₹8.3 L/yr 65% more
Aditya Birla Finance Collections Manager Salary 0 - 11 years exp. (116 salaries)	Unlock ₹3.6 L/yr - ₹10.8 L/yr 126% more
Mahindra Finance Collections Manager Salary 2 - 10 years exp. (78 salaries)	Unlock ₹1.5 L/yr - ₹5.5 L/yr 29% more
TVS Credit Collections Manager Salary 3 - 15 years exp. (78 salaries)	Unlock ₹3.2 L/yr - ₹6.6 L/yr 84% more
IIFL Finance Collections Manager Salary 3 - 10 years exp. (56 salaries)	Unlock ₹2.8 L/yr - ₹7 L/yr 74% more
Tata Motors Finance Collections Manager Salary 2 - 10 years exp. (55 salaries)	Unlock ₹2.2 L/yr - ₹5 L/yr 26% more
Home Credit Finance Collections Manager Salary 3 - 13 years exp. (32 salaries)	Unlock ₹2.5 L/yr - ₹6.2 L/yr 41% more	1 job opening
Poonawalla Fincorp Collections Manager Salary 6 - 16 years exp. (28 salaries)	Unlock ₹3 L/yr - ₹9.8 L/yr 103% more
Manappuram Finance Collections Manager Salary 1 - 10 years exp. (14 salaries)	Unlock ₹2.1 L/yr - ₹6.5 L/yr 71% more

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Collections Manager salary at Mahindra Rural Housing Finance ranges between ₹1.2 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 136 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Collections Manager

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10 years exp.

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8 years exp.

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6 years exp.

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5 years exp.

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5 years exp.

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4 years exp.

Experience wise Mahindra Rural Housing Finance Collections Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (14 salaries)	Unlock ₹1.4 L/yr - ₹2.5 L/yr
2 years (19 salaries)	Unlock ₹1.3 L/yr - ₹3 L/yr
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3 years (31 salaries)	Unlock ₹1.2 L/yr - ₹3.8 L/yr
4 years (23 salaries)	Unlock ₹1.5 L/yr - ₹4.8 L/yr
5 years (23 salaries)	Unlock ₹1.9 L/yr - ₹4.5 L/yr
6 years (14 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr
7 years (7 salaries)	Unlock ₹2.5 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹1.3 L/yr - ₹4 L/yr

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Similar Designation salaries in Mahindra Rural Housing Finance

Collection Officer Salary

(19 salaries)

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₹1.85 L/yr - ₹3.1 L/yr

Area Collection Manager Salary

(11 salaries)

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₹8 L/yr - ₹22 L/yr

Zonal Collection Manager Salary

(AmbitionBox Estimate)

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₹25 L/yr - ₹32 L/yr

Collection Associate Salary

(3 salaries)

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₹1.6 L/yr - ₹2.4 L/yr

Branch Collection Manager Salary

(116 salaries)

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₹2 L/yr - ₹6 L/yr

Cluster Manager Salary

(6 salaries)

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₹3.35 L/yr - ₹11 L/yr

Relationship Manager Salary

(35 salaries)

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₹2.6 L/yr - ₹4 L/yr

Recovery Manager Salary

(3 salaries)

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₹1.6 L/yr - ₹2.3 L/yr

Branch Manager Salary

(363 salaries)

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₹1.85 L/yr - ₹8 L/yr

Agency Manager Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Top skills at Mahindra Rural Housing Finance for Collections Manager

Active Directory Support Npa Collections PMO Debtors Home Loans Documentum Loan Collection Collections Receivable Management Loan Recovery Technical Training Debt Management Accounts Receivable Recovery Management

Salary related reviews for Mahindra Rural Housing Finance

3.9

Rated by 42 employees for salary & benefits

Collections Manager in Kinwat

Finance & Accounting Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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.

Collections Manager in Warora

Collection Department

2.0

• posted on 29 May 2019

2.0

for Salary and Benefits

Likes

Team mates are good as work together to bring djfm target

Dislikes

...curity depends on branch manager if he is good and understanding. High polytics. Pressure for funding from our salary. Less salary less grouth and treat like shop labour. No Sunday leave and also govt holiday. Also pf benefits depends on their policy

Salary - Poor

+6 more

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

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Salary Discussions, Hike & Promotions

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an associate vice president

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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... read more

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Mahindra Rural Housing Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Mahindra Rural Housing Finance?

Collections Manager salary at Mahindra Rural Housing Finance in India ranges between ₹1.2 Lakhs to ₹5.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 50% less than the average Collections Manager Salary in India. Salary estimates are based on 136 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a Collections Manager at Mahindra Rural Housing Finance is 50% less than the average salary of a Collections Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Collections Manager at Mahindra Rural Housing Finance?

Active Directory Support, Npa, Collections, PMO and Debtors are some of the popular skills required to work as a Collections Manager at Mahindra Rural Housing Finance India.

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

SK Finance Limited Collections Manager Salary - ₹3.1 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion Collections Manager Salary - ₹6.1 Lakhs to ₹8.0 Lakhs per year
HDFC Bank Collections Manager Salary - ₹2.0 Lakhs to ₹11.1 Lakhs per year
Aditya Birla Finance Collections Manager Salary - ₹3.6 Lakhs to ₹10.8 Lakhs per year
HDB Financial Services Collections Manager Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year

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

Tata Capital Collections Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year
Truhome Finance Collections Manager Salary - ₹4.6 Lakhs to ₹8.3 Lakhs per year
Piramal Capital Housing Finance Collections Manager Salary - ₹2.5 Lakhs to ₹9.2 Lakhs per year
L&T Finance Collections Manager Salary - ₹2.4 Lakhs to ₹9.4 Lakhs per year
Poonawalla Fincorp Collections Manager Salary - ₹3.0 Lakhs to ₹9.8 Lakhs per year

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

The estimated take-home salary of a Collections Manager at Mahindra Rural Housing Finance ranges between ₹20,074 per month to ₹21,736 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Collections Manager salary in India which ranges between ₹1.2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Collections Manager at Mahindra Rural Housing Finance?

According to AmbitionBox, 42% of the Mahindra Rural Housing Finance Collections Managers reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 92 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Collections Manager Salaries by Location

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Mahindra Rural Housing Finance Collections Manager Salaries

Mahindra Rural Housing Finance Collections Manager salary in India ranges between ₹1.2 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 136 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Collections Manager salaries in India (Updated 2025)

Companies similar to Mahindra Rural Housing Finance for Collections Manager

Latest annual salaries shared by Mahindra Rural Housing Finance Collections Manager

Experience wise Mahindra Rural Housing Finance Collections Manager salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Top skills at Mahindra Rural Housing Finance for Collections Manager

Salary related reviews for Mahindra Rural Housing Finance

Collections Manager in Kinwat

Collections Manager in Warora

Branch Manager in Shujalpur

Branch Manager in Akola

Sales Executive in Vellore

Mahindra Rural Housing Finance Collections Manager Salary FAQs

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Mahindra Rural Housing Finance Collections Manager Salaries by Location