Mahindra Rural Housing Finance Recovery Manager Salaries by 3 Employees

2 - 6 years exp.

₹1.7 Lakh - ₹2.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

61% less than the average Recovery Manager Salary in NBFC Companies for 2 - 6 years of experience

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Last Updated: 8 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Recovery Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Recovery Manager Salary 4 - 14 years exp. (28 salaries)	₹2 L/yr - ₹6 L/yr 73% more
Piramal Capital Housing Finance Recovery Manager Salary 0 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹5.2 L/yr 92% more
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SMFG India Credit Recovery Manager Salary 3 - 9 years exp. (10 salaries)	₹2.5 L/yr - ₹5 L/yr 86% more
Bajaj Finance Recovery Manager Salary 1 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr 127% more
HDB Financial Services Recovery Manager Salary 4 - 14 years exp. (7 salaries)	₹4.5 L/yr - ₹6.6 L/yr 174% more
Mahindra Finance Recovery Manager Salary 4 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹4.5 L/yr 89% more
Poonawalla Fincorp Recovery Manager Salary 12 - 30 years exp. (4 salaries)	₹5.7 L/yr - ₹9.3 L/yr 269% more
Capital Trust Recovery Manager Salary 4 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹4.1 L/yr 73% more
Manappuram Finance Recovery Manager Salary 8 - 23 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 248% more
Kotak Mahindra Prime Recovery Manager Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr 85% more

Recovery Manager salary at Mahindra Rural Housing Finance ranges between ₹1.7 Lakh to ₹2.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Recovery Manager salaries

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

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Deputy Manager Salary

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₹3.2 L/yr - ₹10.75 L/yr

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(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

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Relationship Manager Salary

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Area Collection Manager Salary

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₹8 L/yr - ₹22 L/yr

Team Lead Salary

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₹1.3 L/yr - ₹3.1 L/yr

Branch Receivable Manager Salary

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₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.0

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

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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 Recovery Manager Salary FAQs

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

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Recovery Manager Salaries

Mahindra Rural Housing Finance Recovery Manager salary in India ranges between ₹1.7 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Recovery Manager salaries in India

Companies similar to Mahindra Rural Housing Finance for Recovery Manager

Latest annual salaries shared by Mahindra Rural Housing Finance Recovery Manager

Experience wise Mahindra Rural Housing Finance Recovery Manager 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 Recovery Manager Salary FAQs

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