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Mahindra Finance Salaries in India

based on 11k latest salaries

4.0

Rated by 3.9k Employees for salary and benefits

Top Departments at Mahindra Finance
Finance & Accounting BFSI, Investments & Trading Sales & Business Development Marketing & Communication Customer Success, Service & Operations Human Resources + 4 more
Designation Avg Annual Salary

Area Business Manager

4 - 17 years exp. (402 salaries)
8.5 Lakhs

(₹3.5 L/yr - ₹15 L/yr)

Collections Executive

0 - 9 years exp. (358 salaries)
3.2 Lakhs

(₹1.3 L/yr - ₹5 L/yr)

Business Executive

0 - 10 years exp. (325 salaries)
3.1 Lakhs

(₹1.2 L/yr - ₹4.9 L/yr)

Deputy Manager

0 - 14 years exp. (270 salaries)
7 Lakhs

(₹4 L/yr - ₹11.5 L/yr)

Starting your career? Discover Mahindra Finance fresher salaries in India

Sales Executive

1 - 9 years exp. (267 salaries)
3 Lakhs

(₹1.1 L/yr - ₹4.6 L/yr)

Customer Manager

3 - 10 years exp. (231 salaries)
3.3 Lakhs

(₹1.5 L/yr - ₹5.1 L/yr)

Business Development Executive

0 - 10 years exp. (184 salaries)
3.4 Lakhs

(₹1.5 L/yr - ₹6.5 L/yr)

Branch Accountant

2 - 11 years exp. (184 salaries)
3.9 Lakhs

(₹2 L/yr - ₹5.7 L/yr)

Cashier

0 - 6 years exp. (173 salaries)
2.6 Lakhs

(₹1.3 L/yr - ₹3.5 L/yr)

Divisional Manager

10 - 21 years exp. (173 salaries)
18.1 Lakhs

(₹8.4 L/yr - ₹26 L/yr)

Branch Manager

3 - 12 years exp. (168 salaries)
4.7 Lakhs

(₹1.9 L/yr - ₹8 L/yr)

Area Collection Manager

6 - 17 years exp. (165 salaries)
6.6 Lakhs

(₹2.4 L/yr - ₹11 L/yr)

Finance Executive

1 - 7 years exp. (151 salaries)
3 Lakhs

(₹1.3 L/yr - ₹4.5 L/yr)

Portfolio Manager

4 - 12 years exp. (150 salaries)
4.4 Lakhs

(₹2 L/yr - ₹7 L/yr)

Sales Manager

3 - 11 years exp. (136 salaries)
4.4 Lakhs

(₹2.1 L/yr - ₹8 L/yr)

Relationship Manager

0 - 9 years exp. (131 salaries)
3.9 Lakhs

(₹2 L/yr - ₹6.1 L/yr)

Collection Officer

1 - 8 years exp. (130 salaries)
2.7 Lakhs

(₹1.5 L/yr - ₹4.5 L/yr)

Account Assistant

1 - 8 years exp. (124 salaries)
2.7 Lakhs

(₹1.6 L/yr - ₹5 L/yr)

Area Manager

5 - 18 years exp. (90 salaries)
7.6 Lakhs

(₹3 L/yr - ₹12.6 L/yr)

Collections Manager

2 - 10 years exp. (84 salaries)
3.6 Lakhs

(₹1.5 L/yr - ₹5.5 L/yr)

Last Updated: 26 May, 2024

Salary related reviews for Mahindra Finance

Area Business Manager in Lucknow

Full Time

 · 

Sales & Business Development Department

3.0
posted on 27 Jan 2024

4.0 for Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

Read More

AVP in Chennai

Full Time

 · 

Legal & Regulatory Department

3.0
posted on 27 Oct 2023

4.0 for Salary and Benefits

Likes

Women policy travel policy salary benefits, security and safety

Dislikes

Vendor bills, no quick action numerous formalities, throwing burden and work load beyond the threshold level. Changes in new policy,no man power for certain departments back office jobs are done by managers .

Read More

Customer Associate in Warangal

Full Time

 · 

Finance & Accounting Department

1.0
posted on 11 Feb 2023

1.0 for Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

...e blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

Read More

Area Business Manager in New Delhi

Full Time

 · 

Customer Success, Service & 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

Read More

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.

Read More

Accounts Associate in Bikramganj

Full Time

 · 

BFSI, Investments & Trading Department

1.0
posted on 23 May 2023

1.0 for Salary and Benefits

Likes

There is nothing to like in Mahindra finance.

Dislikes

Work culture is very bad.Office also open on Sunday, salary is very low,there is lack of corporate culture,company is understaff,there is no proper infrastructure.

Read More
see more salary related reviews

Mahindra Finance Salary FAQs

How much does Mahindra Finance pay per year?
The average Mahindra Finance salary ranges from approximately ₹0.9 Lakhs per year for a Tele Caller to ₹55.3 Lakhs per year for a Vice President. Salary estimates are based on 11k Mahindra Finance salaries received from various employees of Mahindra Finance. Mahindra Finance employees rate the overall salary and benefits package 4.0/5 stars.
What is the highest salary in Mahindra Finance?
The highest-paying job at Mahindra Finance is a Vice President with a salary of ₹55.3 Lakhs per year. The top 10% of employees earn more than ₹12.03 lakhs per year. The top 1% earn more than a whopping ₹40 lakhs per year.
What is the minimum salary in Mahindra Finance?
Minimum salary at Mahindra Finance depends on the role you are applying for. For Sales Executive the minimum salary is ₹3.0 Lakhs per year, for Business Executive the minimum salary is ₹3.1 Lakhs per year and so on.
What is the salary package for freshers in Mahindra Finance?
The average salary at Mahindra Finance for freshers varies from ₹2.0 Lakhs per year for Accountant Cashier to ₹7.1 Lakhs per year for Deputy Manager.
What is the notice period at Mahindra Finance?
According to AmbitionBox, 51% of the Mahindra Finance employees reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8.2k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in Mahindra Finance is INR 6.3 lakhs . Salary estimates are based on 11k Mahindra Finance latest salaries received from various employees of Mahindra Finance.