Mahindra Rural Housing Finance Nellore Collections Manager Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Collections Manager Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role? 1 job opening

Last Updated: 16 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Collections Manager in Nellore

Mahindra Rural Housing Finance Collections Manager Salary

2 - 6 years exp. (5 salaries)

₹2 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Collections Manager Salary 4 - 9 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr 61% more
Piramal Capital Housing Finance Collections Manager Salary 3 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹6.3 L/yr 101% more
Login to view exact salary
Axis Bank Collections Manager Salary 6 - 10 years exp. (3 salaries)	₹4.3 L/yr - ₹7 L/yr 135% more

Collections Manager salary at Mahindra Rural Housing Finance ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Collections Manager salaries in Nellore

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Collection Manager Salary

(7 salaries)

₹3 L/yr - ₹4.64 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

5.0

Rated by 1 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Rural Housing Finance Collections Manager Salary FAQs

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

The average salary of a Collections Manager at Mahindra Rural Housing Finance in Nellore typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Collections Manager in Nellore at Mahindra Rural Housing Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 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 5 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Collections Manager at Mahindra Rural Housing Finance in Nellore typically ranges from ₹21,219 to ₹22,864 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 6 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.

What are the key skills required to be a Collections Manager at Mahindra Rural Housing Finance in Nellore?

To be a Collections Manager at Mahindra Rural Housing Finance in Nellore, 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 Bank	₹4.3 Lakhs to ₹7.0 Lakhs per year
Piramal Capital Housing Finance	₹3.8 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit	₹3.6 Lakhs to ₹6.0 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.

How the salary growth look like for a Collections Manager at Mahindra Rural Housing Finance in Nellore?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Collections Manager Salaries in Nellore

Mahindra Rural Housing Finance Collections Manager salary in Nellore ranges between ₹2 Lakhs to ₹4.5 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.

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

Companies similar to Mahindra Rural Housing Finance for Collections Manager in Nellore

Latest annual salaries shared by Mahindra Rural Housing Finance Collections Manager in Nellore

Experience wise Mahindra Rural Housing Finance Collections Manager salaries in Nellore

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

Tell us how to improve this page.