Mahindra & Mahindra Mumbai Accountant Salaries by 9 Employees (Updated 2025)

0 - 6 years exp.

₹1 Lakh - ₹7 Lakhs

Salary of majority employees

At par with the average Accountant Salary in Automobile Companies for 0 - 6 years of experience

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Last Updated: 11 Jan 2025

Companies similar to Mahindra & Mahindra for Accountant in Mumbai

Mahindra & Mahindra Accountant Salary

0 - 6 years exp. (9 salaries)

₹1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Accountant Salary 1 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹2.6 L/yr 29% less
TVS Motor Accountant Salary 1 - 4 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr 25% less
Login to view exact salary
Hinduja Group Accountant Salary 8 - 14 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr 109% more
Karnavat & Co. Accountant Salary 0 - 12 years exp. (500 salaries)	₹0.5 L/yr - ₹6.2 L/yr 6% less
Iouring Accountant Salary 1 - 7 years exp. (277 salaries)	₹0.2 L/yr - ₹3.3 L/yr 48% less

Accountant salary at Mahindra & Mahindra ranges between ₹1 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Accountant salaries in Mumbai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹4.7 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Mahindra & Mahindra

Deputy Manager Salary

(354 salaries)

₹5.25 L/yr - ₹18.5 L/yr

Senior Associate Salary

(18 salaries)

₹2 L/yr - ₹6.02 L/yr

Management Trainee Salary

(10 salaries)

₹10 L/yr - ₹22 L/yr

Account Assistant Salary

(5 salaries)

₹2 L/yr - ₹2.75 L/yr

Salary related reviews for Mahindra & Mahindra

3.3

Rated by 2 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Skill development - Good

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Promotions - Poor

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Accountant Salary FAQs

What is the salary of Accountant at Mahindra & Mahindra Mumbai?

Accountant salary at Mahindra & Mahindra in Mumbai ranges between ₹1.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 4% more than the average Accountant Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Mahindra & Mahindra Mumbai.

How does the salary of a Accountant at Mahindra & Mahindra Mumbai compare with the average salary range for this job?

The average salary of a Accountant at Mahindra & Mahindra is 4% more than the average salary of a Accountant in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Accountant in Mumbai?

Hinduja Group Accountant Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Accountant in companies similar to Mahindra & Mahindra in Mumbai?

Karnavat & Co. Accountant Salary - ₹0.5 Lakhs to ₹6.2 Lakhs per year
TVS Motor Accountant Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
Maruti Suzuki Accountant Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
Iouring Accountant Salary - ₹0.2 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a Accountant at Mahindra & Mahindra in Mumbai?

The estimated take-home salary of a Accountant at Mahindra & Mahindra ranges between ₹24,404 per month to ₹25,852 per month in Mumbai. The take-home salary calculation is based on the average Mahindra & Mahindra Accountant salary in India which ranges between ₹1.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Accountant at Mahindra & Mahindra in Mumbai?

According to AmbitionBox, 100% of the Mahindra & Mahindra Accountant s in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Accountant Salaries in Mumbai

Mahindra & Mahindra Accountant salary in Mumbai ranges between ₹1 Lakh to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.