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Mahindra Finance
4.1
based on 4.3k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Associated Companies
Company Locations
Working at Mahindra Finance
Company Summary
Mahindra Finance is a one stop solution for all your financial needs. Explore our various offerings like vehicle loans, SME loans, Fixed Deposit, Mutual Funds, Insurance and many more.
Overall Rating
4.1/5
based on 4.3k reviews
4% above
industry average
Highly rated for
Company culture, Job security, Work-life balance
Work Policy
Work from office
85% employees reported
Monday to Saturday
77% employees reported
Strict timing
51% employees reported
Within city
60% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
306 employees reported
Health insurance
270 employees reported
Professional degree assistance
105 employees reported
Office cab/shuttle
105 employees reported
View all benefits
About Mahindra Finance
Founded in1991 (34 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitemahindrafinance.com
Primary Industry
Other Industries
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Mahindra Finance began as a captive financier of Mahindra Utility Vehicles in the early 90s. From Mahindra UVs to tractors to non-Mahindra products, the company has diversified into a financial services provider with a whole suite of financial solutions tailored to the under-served customer in under-penetrated rural markets. Our product portfolio consists of vehicle finance, which includes financing of passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipment; and pre-owned vehicles and SME finance, which includes project finance, equipment finance, working capital finance and bill discounting services to SMEs. The company also undertakes mutual fund distribution, fixed deposits and personal loans tailor-made to suit its unique customer set. With over 33,000 employees, Mahindra Finance has a presence in every state in India and a footprint in 85% of its districts. It serves customers in more than 3, 60,000 villages– that’s one in every two villages in the country.
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AmbitionBox Best Places to Work in India Awards
Awards 2024
Awards 2022
Awards 2021
Best of the best, rated by employees
Mahindra Finance won India’s Largest Employee Choice Awards in Large Companies Category.
#3 Top Rated Large Company
#1 Top Rated Financial Services Company
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Mahindra Finance Ratings
based on 4.3k reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
5
2.5k
4
999
3
412
2
154
1
255
Category Ratings
3.9
Company culture
3.9
Job security
3.9
Work-life balance
3.9
Skill development
3.8
Salary
3.8
Work satisfaction
3.4
Promotions
Mahindra Finance is rated 4.1 out of 5 stars on AmbitionBox, based on 4.3k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Mahindra Finance
based on 4k reviews
3.9
Rated by 221 Women
Rated 3.8 for Company culture and 3.7 for Salary
4.1
Rated by 3.8k Men
Rated 3.9 for Work-life balance and 3.9 for Company culture
Work Policy at Mahindra Finance
based on 396 reviews in last 6 months
Work from office
85%
Hybrid
11%
Permanent work from home
4%
Mahindra Finance Reviews
Top mentions in Mahindra Finance Reviews
+ 5 more
Compare Mahindra Finance with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.1/5 based on 4.3k reviews | 3.9/5 based on 38.3k reviews | 4.1/5 based on 6.9k reviews | 4.0/5 based on 6.4k reviews |
Highly Rated for | Skill development Work-life balance Job security | Job security Skill development | Job security Skill development Work-life balance | Salary Skill development Job security |
Critically Rated for | No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 85% employees reported | Work from office 85% employees reported | Work from office 87% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.9 Good rated by 221 women | 3.7 Good rated by 7.9k women | 4.1 Good rated by 656 women | 3.9 Good rated by 565 women |
Rating by Men Employees | 4.1 Good rated by 3.8k men | 3.9 Good rated by 28.4k men | 4.1 Good rated by 5.8k men | 4.0 Good rated by 5.5k men |
Job security | 3.9 Good | 4.0 Good | 4.1 Good | 3.9 Good |
View more
Mahindra Finance Salaries
3.8
rated by 4.3k employees for salariesBusiness Executive
(332 salaries)
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₹1.1 L/yr - ₹5 L/yr
Area Business Manager
(313 salaries)
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₹4 L/yr - ₹15 L/yr
Collections Executive
(301 salaries)
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₹1.4 L/yr - ₹5.2 L/yr
Deputy Manager
(292 salaries)
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₹4 L/yr - ₹12 L/yr
Sales Executive
(230 salaries)
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₹1.1 L/yr - ₹4.8 L/yr
Cashier
(200 salaries)
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₹1.3 L/yr - ₹4.5 L/yr
Area Collection Manager
(190 salaries)
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₹2.4 L/yr - ₹11.6 L/yr
Divisional Manager
(189 salaries)
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₹8.4 L/yr - ₹30.6 L/yr
Branch Accountant
(187 salaries)
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₹2 L/yr - ₹6.4 L/yr
Business Development Executive
(179 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
Mahindra Finance Interview Questions
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Mahindra Finance Jobs
Mahindra Finance News
HDFC Bank, Axis Bank, LIC Housing — RBI's Liquidity Boost Positive For Banks, NBFCs
- The Reserve Bank of India's liquidity infusion of Rs 1.5 lakh crore through various special measures will be positive for banks and non-bank financial companies.
- HDFC Bank, Axis Bank, Federal Bank, and Bank of Baroda will benefit from the liquidity measures due to their stretched loan-to-deposit ratio.
- LIC Housing Finance, Bajaj Finance, and Mahindra & Mahindra Financial Services will benefit from easing wholesale rates.
- Jefferies expects easing on liquidity coverage ratio and other aspects in RBI monetary policy committee meeting.
Bloomberg Quint | 28 Jan, 2025
Mahindra Announces Prices Of BE 6, XEV 9e Top Variants
- Mahindra And Mahindra Ltd. has announced the pricing for the top-end variants of its upcoming electric sports utility vehicles, with an aim to clock sales of 5,000 units per month from the get-go.
- The Mahindra BE 6 Pack Three, with the 79 kWh battery pack, has an ex-showroom price of Rs 26.9 lakh; whereas the XEV 9e Pack Three costs Rs 30.5 lakh, according to an exchange filing on Tuesday.
- M&M has brought on board group firm Mahindra Finance to offer these cars at the same EMI as the base models, with a “balloon payment” at the end of six years.
- Bookings for the BE 6 and XEV 9e Pack Three variants will open on Feb. 14, while test drives will begin in a phased manner from Jan. 14. Deliveries are likely to begin in early March.
Bloomberg Quint | 7 Jan, 2025
Mahindra & Mahindra Financial Services Q3 Updates: Projects Rs 16,450 Crore Disbursement
- Mahindra & Mahindra Financial Services estimates a disbursement of approximately Rs. 16,450 crore in Q3 FY2025, reflecting a 7% YoY growth.
- The company projects a disbursement of about Rs. 42,350 crore for the first nine months of FY2025, marking a 4% YoY growth.
- Collection efficiency for the October-December quarter of FY2025 stands at 95%, with Stage-3 assets improving to 3.9%.
- The company maintains a strong liquidity position with a liquidity reserve exceeding Rs. 9,100 crore on its balance sheet.
Bloomberg Quint | 3 Jan, 2025
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Mahindra Finance Subsidiaries
Mahindra Rural Housing Finance
4.0
• 1.9k reviews
Mahindra Insurance Brokers
3.3
• 281 reviews
Report error
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Mahindra Finance FAQs
When was Mahindra Finance founded?
Mahindra Finance was founded in 1991. The company has been operating for 34 years primarily in the NBFC sector.
Where is the Mahindra Finance headquarters located?
Mahindra Finance is headquartered in Mumbai, Maharashtra.
How many employees does Mahindra Finance have in India?
Mahindra Finance currently has more than 26,000+ employees in India. Finance & Accounting department appears to have the highest employee count in Mahindra Finance based on the number of reviews submitted on AmbitionBox.
Does Mahindra Finance have good work-life balance?
Mahindra Finance has a Work-Life Balance Rating of 3.9 out of 5 based on 4,200+ employee reviews on AmbitionBox. 81% employees rated Mahindra Finance 4 or above, while 19% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Mahindra Finance work-life balance reviews for more details
Is Mahindra Finance good for career growth?
Career growth at Mahindra Finance is rated as moderate, with a promotions and appraisal rating of 3.4. 19% employees rated Mahindra Finance 3 or below, while 81% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Mahindra Finance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Mahindra Finance?
Working at Mahindra Finance offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and skill development, based on 4,200+ employee reviews on AmbitionBox.
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