Mentor home loans Collections Manager Salaries by 4 Employees

10 - 20 years exp.

₹2.7 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Collections Manager Salary in Financial Services Companies for 10 - 20 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Collections Manager Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
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Finance & Accounting Collections Manager Salary 15 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Mentor home loans for Collections Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Collections Manager Salary 0 - 18 years exp. (1.1k salaries)	₹2 L/yr - ₹11.1 L/yr 116% more	1 job opening
ICICI Bank Collections Manager Salary 3 - 15 years exp. (196 salaries)	₹3.7 L/yr - ₹12 L/yr 145% more
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Axis Bank Collections Manager Salary 4 - 14 years exp. (289 salaries)	₹3 L/yr - ₹13 L/yr 145% more
State Bank of India Collections Manager Salary 6 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6.7 L/yr 109% more
Bajaj Finance Collections Manager Salary 0 - 11 years exp. (339 salaries)	₹1.2 L/yr - ₹7.8 L/yr 59% more
Sammaan Capital Limited Collections Manager Salary 2 - 14 years exp. (70 salaries)	₹2.4 L/yr - ₹6.5 L/yr 57% more
Piramal Capital Housing Finance Collections Manager Salary 3 - 11 years exp. (39 salaries)	₹2.5 L/yr - ₹9.2 L/yr 96% more
Fortune Integrated Assets Finance Collections Manager Salary 5 - 9 years exp. (11 salaries)	₹2.2 L/yr - ₹4.2 L/yr 8% more
Daimler Financial Services Collections Manager Salary 8 - 15 years exp. (4 salaries)	₹3.7 L/yr - ₹4.9 L/yr 46% more
Kifs Housing Finance Collections Manager Salary 4 - 13 years exp. (4 salaries)	₹3.7 L/yr - ₹4.9 L/yr 42% more
Karvy Financial Services Collections Manager Salary 10 - 14 years exp. (3 salaries)	₹6.5 L/yr - ₹9.5 L/yr 182% more
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Collections Manager salary at Mentor home loans ranges between ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Mentor home loans.

Experience wise Mentor home loans Collections Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
15+ years (3 salaries)	₹2.7 L/yr - ₹3.9 L/yr

View all

Similar Designation salaries in Mentor home loans

Collection Officer Salary

(4 salaries)

₹1.6 L/yr - ₹2.1 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Relationship Manager Salary

(6 salaries)

₹1.95 L/yr - ₹2.2 L/yr

Branch Manager Salary

(10 salaries)

₹2.65 L/yr - ₹5 L/yr

Sales Executive Salary

(4 salaries)

₹1.3 L/yr - ₹2.15 L/yr

Team Lead Salary

(4 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Top skills at Mentor home loans for Collections Manager

Collections MIS Reporting Business Banking Collection Management housing loan Recovery housing finance

Salary related reviews for Mentor home loans

5.0

Rated by 2 employees for salary & benefits

People Relations in INDIA

SALES AND FINANCE Department

1.0

• posted on 02 Feb 2021

1.0

for Salary and Benefits

Likes

There is nothing to Like anything here.

Dislikes

... months every new employee is resigned due to unsatisfactory working culture. Salary never paid on time, Employee always waiting for the salary. Also the New thing introduced by company management is ''Salary Hold'' for no reason and if any employee will ask question they will treat as enemy of individual /company and fired them without giving his salary. No HR policies Here. Had seen 6 new HR Managers changes in last 15 months. Did Not provide Relieving Letter and F&F to any Resigned employee. Even they are serve notice period they did not pay them anything. Dirty Politics is in blood of the higher position managers.they did Internal teaming for how to through-out right people from company who questioned about working which they don't do. NO on job training. Managers do not value an individuals unique strength, which is why i have to take back my suggestion most of the time. Unprofessional attitude towards work and Zero Management system. Never be suggested to any person for to joining this company.

Salary - Bad

+6 more

Senior Executive in Jaipur

Full Time

Other Department

1.0

• posted on 20 Mar 2024

1.0

for Salary and Benefits

Likes

If you are a girl who can compromise this place is best for you.

Work-life balance - Good

Dislikes

Senior management ko randibazzi se fursat nhi, HR doesn't know how to make F&F, if you haven't sleepet with your senior they will not even give your gratuity...whorest company to work with and get loans.

Salary - Bad

+5 more

Relationship Officer in Branch Office At Indore Janjeerwala

Full Time

Relationship officer in sales Department

4.0

• posted on 22 Sep 2022

4.0

for Salary and Benefits

Likes

Nice and we'll satisfied company those who interested in low pressure criteria and average pressure criteria.you enjoyed company freedom.

Salary - Good

+6 more

Dislikes

Slow disbursement with high pendency. Nothing for dislike anything because different persons different like and dislike.so it's depends on other how they see.

Deputy Audit Manager in Jaipur

Finance & Accounting Department

1.0

• posted on 12 May 2021

1.0

for Salary and Benefits

Likes

Worst ever work place...actually we cant say it workplace...there z nothing...no work culture no management even no hand soaps in washrooms & even they not clean the washrooms for 10-10 days...seriously complete waste of time if u join there...

Dislikes

There z nothing to like...one word for them...WORST....plz dont waste ur time by joining there...

Salary - Bad

+6 more

Operations Executive in Bhopal

Customer Success, Service & Operations Department

4.0

• posted on 18 May 2018

3.0

for Salary and Benefits

Likes

When I joined this company a have no knowledge about finance company, there are iam learning so many things, know l have good knowledge about home & business loan, I am earning good income, The best thing is my boss is too much support his employees.

Skill development - Good

+3 more

Dislikes

There are only Positive things

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Mentor home loans Collections Manager Salary FAQs

What is the salary of Collections Manager at Mentor home loans ?

The average salary of a Collections Manager at Mentor home loans in India typically ranges from ₹2.7 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 10 years to 20 years).

The top 10% of Collections Manager at Mentor home loans earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Collections Manager Salaries at Mentor home loans 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 4 Mentor home loans employees in India.

What is the estimated take home salary of a Collections Manager at Mentor home loans in India?

The estimated take-home salary of a Collections Manager at Mentor home loans in India typically ranges from ₹21,627 to ₹23,116 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 10 years to 20 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 4 salaries received from various employees of Mentor home loans. 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 Mentor home loans ?

To be a Collections Manager at Mentor home loans in india, the key skills required include:

- Collections
- MIS Reporting
- Business Banking
- Collection Management
- housing loan

These skills are highly valued at Mentor home loans and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mentor home loans for Collections Manager in India?

Karvy Financial Services	₹6.5 Lakhs to ₹9.5 Lakhs per year
ICICI Bank	₹3.7 Lakhs to ₹12.0 Lakhs per year
Axis Bank	₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹11.1 Lakhs per year
State Bank of India	₹5.4 Lakhs to ₹6.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mentor home loans, depending on the role and experience level.

What is the salary of a Collections Manager in companies similar to Mentor home loans in India?

The salary of a Collections Manager at companies similar to Mentor home loans 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
Bajaj Finance	₹1.2 Lakhs to ₹7.8 Lakhs per year
Sammaan Capital Limited	₹2.4 Lakhs to ₹6.5 Lakhs per year
Daimler Financial Services	₹3.7 Lakhs to ₹4.9 Lakhs per year
Kifs Housing Finance	₹3.7 Lakhs to ₹4.9 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 Mentor home loans in India?

The salary growth for a Collections Manager at Mentor home loans depends on factors such as experience, performance, and promotions. On average, a Collections Manager can expect the following growth trajectory at Mentor home loans:

Experience	Average Salary Range
10 years	₹2.8 Lakhs to ₹5.5 Lakhs per year
11 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
12 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
13 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Mentor home loans Collections Manager Salaries

Mentor home loans Collections Manager salary in India ranges between ₹2.7 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mentor home loans latest salaries received from various employees of Mentor home loans.