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

Annual salary range
1 - 10 years exp.
₹1.2 Lakh - ₹5.5 Lakhs
Salary of majority employees
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48% less than the average Collections Manager Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Collections Manager Salary
1 - 6 years exp. (30 salaries)
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₹1.4 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Collections Manager Salary
1 - 10 years exp. (20 salaries)
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₹1.6 L/yr - ₹5 L/yr

Sales & Business Development
Collections Manager Salary
3 - 9 years exp. (7 salaries)
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₹2.3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Collections Manager Salary
1 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹4.1 L/yr

Marketing & Communication
Collections Manager Salary
5 - 10 years exp. (4 salaries)
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₹2 L/yr - ₹4 L/yr

Last Updated: 17 Mar 2025

Companies similar to Mahindra Rural Housing Finance for Collections Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹9 L/yr

arrow icon 112% more
6 job openings
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Bajaj Finance Collections Manager Salary

0 - 11 years exp. (341 salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 67% more
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Tata Capital Collections Manager Salary

3 - 12 years exp. (288 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 105% more
16 job openings
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SMFG India Credit Collections Manager Salary

4 - 10 years exp. (190 salaries)

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₹2 L/yr - ₹7.7 L/yr

arrow icon 61% more
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Shriram Finance Collections Manager Salary

2 - 10 years exp. (178 salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 33% more
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L&T Finance Collections Manager Salary

4 - 12 years exp. (179 salaries)

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₹2.4 L/yr - ₹8.6 L/yr

arrow icon 99% more
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Kotak Mahindra Prime Collections Manager Salary

3 - 10 years exp. (130 salaries)

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₹2.3 L/yr - ₹8.3 L/yr

arrow icon 60% more
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₹3.6 L/yr - ₹9 L/yr

arrow icon 118% more
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TVS Credit Collections Manager Salary

3 - 15 years exp. (76 salaries)

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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 76% more
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Mahindra Finance Collections Manager Salary

2 - 10 years exp. (74 salaries)

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₹1.5 L/yr - ₹5.5 L/yr

arrow icon 23% more
1 job opening
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Tata Motors Finance Collections Manager Salary

4 - 11 years exp. (55 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 23% more
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IIFL Finance Collections Manager Salary

3 - 10 years exp. (54 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 73% more
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₹2.5 L/yr - ₹9.2 L/yr

arrow icon 106% more
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Aavas Financiers Collections Manager Salary

2 - 7 years exp. (34 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 14% more
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Home Credit Finance Collections Manager Salary

3 - 13 years exp. (32 salaries)

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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 36% more
1 job opening
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Poonawalla Fincorp Collections Manager Salary

6 - 16 years exp. (28 salaries)

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₹3 L/yr - ₹9.8 L/yr

arrow icon 98% more
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Muthoot Finance Collections Manager Salary

3 - 11 years exp. (16 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 59% more
3 job openings
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Manappuram Finance Collections Manager Salary

1 - 10 years exp. (14 salaries)

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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 65% more
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SK Finance Limited Collections Manager Salary

0 - 14 years exp. (13 salaries)

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₹2.9 L/yr - ₹10 L/yr

arrow icon 134% more
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Muthoot Fincorp Collections Manager Salary

4 - 11 years exp. (12 salaries)

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₹2.7 L/yr - ₹6.8 L/yr

arrow icon 54% more
View all
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 139 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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Experience wise Mahindra Rural Housing Finance Collections Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
1 year  (15 salaries)

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₹1.4 L/yr - ₹2.9 L/yr
2 years  (18 salaries)

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₹1.5 L/yr - ₹3 L/yr
3 years  (32 salaries)

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₹1.2 L/yr - ₹3.8 L/yr
4 years  (22 salaries)

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₹1.5 L/yr - ₹4.1 L/yr
5 years  (21 salaries)

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₹1.9 L/yr - ₹4 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

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₹1.85 L/yr - ₹3.1 L/yr
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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
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₹1.6 L/yr - ₹2.4 L/yr
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₹1.5 L/yr - ₹6 L/yr
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₹3.35 L/yr - ₹11 L/yr
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₹2.6 L/yr - ₹4 L/yr
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₹1.6 L/yr - ₹2.3 L/yr
Branch Manager Salary
(364 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

4.0

Rated by 43 employees for salary & benefits

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.

read more
  • 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.

read more

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

read more
  • Salary - Poor
  • +6 more

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

read more
  • 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).

read more
  • Job security - Poor

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.

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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🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

read more

Dislikes

Worst experience in this company

  • Salary - Bad
  • +6 more
see more salary related reviews

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Mahindra Rural Housing Finance Collections Manager Salary FAQs

What is the salary of Collections Manager at Mahindra Rural Housing Finance ?
The average salary of a Collections Manager at Mahindra Rural Housing Finance in India typically ranges from ₹1.2 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Collections Manager at Mahindra Rural Housing Finance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Collections Manager 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 100+ Mahindra Rural Housing Finance employees in India.
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 in India typically ranges from ₹20,952 to ₹22,601 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 10 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 100+ salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Collections Manager at Mahindra Rural Housing Finance ?
To be a Collections Manager at Mahindra Rural Housing Finance in india, the key skills required include:

  • - Active Directory Support
  • - Npa
  • - Collections
  • - PMO
  • - Debtors

These skills are highly valued at Mahindra Rural Housing Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Rural Housing Finance for Collections Manager in India?
Axis Finance ₹6.2 Lakhs to ₹8.9 Lakhs per year
SK Finance Limited ₹2.9 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Finance ₹3.6 Lakhs to ₹9.0 Lakhs per year
Bharat Financial Inclusion ₹5.2 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services ₹2.2 Lakhs to ₹9.0 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 Collections Manager in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Collections Manager at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Piramal Capital Housing Finance ₹2.5 Lakhs to ₹9.2 Lakhs per year
Tata Capital ₹2.4 Lakhs to ₹9.5 Lakhs per year
L&T Finance ₹2.4 Lakhs to ₹8.6 Lakhs per year
Poonawalla Fincorp ₹3.0 Lakhs to ₹9.8 Lakhs per year
Muthoot Microfin ₹4.8 Lakhs to ₹6.2 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 Collections Manager at Mahindra Rural Housing Finance in India?
The salary growth for a Collections Manager at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
1 year ₹1.4 Lakhs to ₹2.9 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.2 Lakhs to ₹3.8 Lakhs per year
4 years ₹1.5 Lakhs to ₹4.1 Lakhs per year
and so on.

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Mahindra Rural Housing Finance Collections Manager salary in India ranges between ₹1.2 Lakh to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 139 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.