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    Mahindra & Mahindra Financial Services

    Compare button icon Compare button icon Compare
    4.3

    based on 3.6k Reviews

    HQ - Mumbai, Maharashtra, India NBFC 10k-50k Employees (India) Financial Services Public
    award

    #2 Best Large Financial Services Company - 2022

    award
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    Designation
    Experience
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    Mahindra & Mahindra Financial Services Salaries in India

    based on 10.2k latest salaries

    3.9

    Rated by 3.6k Employees for salary and benefits

    Top Departments at Mahindra & Mahindra Financial Services
    Finance & Accounting BFSI, Investments & Trading Sales & Business Development Marketing & Communication Customer Success, Service & Operations Human Resources + 4 more
    Designation Average Salary
    Yearly arrow-down

    Area Business Manager

    Experience: 3 - 16 yrs (409 Salaries)
    ₹ 8,32,876/year

    (₹3.8L/yr - ₹12.5L/yr)

    Business Executive

    Experience: 0 - 8 yrs (329 Salaries)
    ₹ 2,81,669/year

    (₹1.2L/yr - ₹4.5L/yr)

    Collections Executive

    Experience: 1 - 9 yrs (322 Salaries)
    ₹ 2,76,197/year

    (₹1.4L/yr - ₹5.0L/yr)

    Portfolio Manager

    Experience: 0 - 11 yrs (229 Salaries)
    ₹ 3,95,256/year

    (₹2.0L/yr - ₹7.0L/yr)

    Sales Executive

    Experience: 2 - 8 yrs (221 Salaries)
    ₹ 2,88,992/year

    (₹1.3L/yr - ₹4.9L/yr)

    Deputy Manager

    Experience: 3 - 14 yrs (213 Salaries)
    ₹ 7,61,345/year

    (₹4.1L/yr - ₹13.0L/yr)

    Business Development Executive

    Experience: 0 - 10 yrs (208 Salaries)
    ₹ 3,09,621/year

    (₹1.5L/yr - ₹4.8L/yr)

    Cashier

    Experience: 0 - 6 yrs (193 Salaries)
    ₹ 2,57,203/year

    (₹1.3L/yr - ₹3.5L/yr)

    Divisional Manager

    Experience: 8 - 21 yrs (175 Salaries)
    ₹ 17,96,978/year

    (₹8.5L/yr - ₹31.0L/yr)

    Branch Manager

    Experience: 4 - 13 yrs (172 Salaries)
    ₹ 4,47,656/year

    (₹1.9L/yr - ₹7.8L/yr)

    Last Updated: 4 Oct, 2023

    Mahindra & Mahindra Financial Services Salary FAQs

    How much does Mahindra & Mahindra Financial Services pay per year?
    The average Mahindra & Mahindra Financial Services salary ranges from approximately ₹0.7 Lakhs per year for a Financial Accountant to ₹45.7 Lakhs per year for a General Manager - IT. Salary estimates are based on 10.2k Mahindra & Mahindra Financial Services salaries received from various employees of Mahindra & Mahindra Financial Services. Mahindra & Mahindra Financial Services employees rate the overall salary and benefits package 3.9/5 stars.
    What is the highest salary in Mahindra & Mahindra Financial Services?
    The highest-paying job at Mahindra & Mahindra Financial Services is a General Manager - IT with a salary of ₹45.7 Lakhs per year. The top 10% of employees earn more than ₹11.25 lakhs per year. The top 1% earn more than a whopping ₹35.98 lakhs per year.
    What is the minimum salary in Mahindra & Mahindra Financial Services?
    Minimum salary at Mahindra & Mahindra Financial Services depends on the role you are applying for. For Cashier the minimum salary is ₹2.6 Lakhs per year, for Collections Executive the minimum salary is ₹2.8 Lakhs per year and so on.
    What is the salary package for freshers in Mahindra & Mahindra Financial Services?
    The average salary at Mahindra & Mahindra Financial Services for freshers varies from ₹1.6 Lakhs per year for HR Trainee to ₹5.8 Lakhs per year for Management Trainee. View Fresher Salaries at Mahindra & Mahindra Financial Services
    What is the notice period at Mahindra & Mahindra Financial Services?
    According to AmbitionBox, 52% of the Mahindra & Mahindra Financial Services employees reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7.5k responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at Mahindra & Mahindra Financial Services

    Back Office Executive in Faizabad, Uttar Pradesh

    Full Time

     · 

    Back Office Department

    2.0
    posted on 07 Jul 2023
    1.0 for Salary and Benefits

    Likes

    ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

    Dislikes

    NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Area Business Manager in New Delhi

    Full Time

     · 

    Operations Department

    3.0
    posted on 04 Jul 2023
    3.0 for Salary and Benefits

    Likes

    Get maximum in first attemp no increments in salary once you join if no godfather

    Dislikes

    They promoted but salary motivation in below avg, they give promotion on existing same salary . No additional payment to be increse in your CTC except responsibility.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Work related travel: This is a desk job.

    Collections Manager in Delhi

    Full Time

     · 

    Finance Department

    4.0
    posted on 21 Jun 2023
    4.0 for Salary and Benefits

    Likes

    Mahindra and Mahindra company is very best industry, this company staff & senior is very helpfull , & company culture and company timing is the best.

    Dislikes

    Mahindra and Mahindra company neither promotes it's employee nor increase the salary in appraisal.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Work related travel: This is a desk job.

    Branch Accountant in Chohtan, Rajasthan

    Full Time

     · 

    Finance Department

    5.0
    posted on 02 Jun 2023
    1.0 for Salary and Benefits

    Likes

    in this company one of the best is learning about almost all vertical in single post of branch accóuntant l and culture is very good and higher mgmt also very good in behavior..

    Dislikes

    salary is too much low as branch accountant post and according to work KRA SALARY IS TOO LOW

    Work Details

    Work days: Monday to Friday (Flexible Timings)

    Banking Officer (working remotely)

    Part Time

     · 

    Back Office Department

    4.0
    posted on 19 Apr 2023
    4.0 for Salary and Benefits

    Likes

    Mahindra finance started on 1 January 1991 as Maxi Motors Financial Services Limited They received the certificate of commencement of business on 19 Feburary 1991 on 3 November 1992 Mahindra finance is registered with the reserve Bank of india as an asset finance deposit taking NBFC.

    Dislikes

    ...A bit too relaxed work environment the salary structure is not up to the mark compared to other NBFCs, especially the bonus components.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Work related travel: This is a desk job.

    see more salary related reviews

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    Average annual salary in Mahindra & Mahindra Financial Services is INR 6.0 lakhs . Salary estimates are based on 10.2k Mahindra & Mahindra Financial Services latest salaries received from various employees of Mahindra & Mahindra Financial Services.