Mahindra & Mahindra Banking Officer Salaries by 4 Employees (Updated 2025)

2 - 5 years exp.

₹1.4 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Banking Officer Salary in Automobile Companies for 2 - 5 years of experience

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Last Updated: 4 Mar 2024

Companies similar to Mahindra & Mahindra for Banking Officer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Banking Officer Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 93% more
Maruti Suzuki Banking Officer Salary 1 - 18 years exp. (4 salaries)	₹0.9 L/yr - ₹5 L/yr 37% more
Login to view exact salary
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (583 salaries)	₹2 L/yr - ₹5.3 L/yr 88% more
ICICI Bank Banking Officer Salary 0 - 6 years exp. (498 salaries)	₹1.4 L/yr - ₹6.7 L/yr 90% more
HDFC Bank Banking Officer Salary 0 - 8 years exp. (446 salaries)	₹1 L/yr - ₹6 L/yr 65% more

Banking Officer salary at Mahindra & Mahindra ranges between ₹1.4 Lakh to ₹2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Banking Officer salaries

Last Updated: 4 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr

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Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 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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What people are saying about Mahindra & Mahindra

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divitr

works at

Mahindra & Mahindra

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks

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Mahindra & Mahindra Banking Officer Salary FAQs

What is the salary of Banking Officer at Mahindra & Mahindra?

Banking Officer salary at Mahindra & Mahindra in India ranges between ₹1.4 Lakhs to ₹2.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 53% less than the average Banking Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Banking Officer at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Banking Officer at Mahindra & Mahindra is 53% less than the average salary of a Banking Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Banking Officer in India?

Tata Motors Banking Officer Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Banking Officer Salary - ₹1.4 Lakhs to ₹6.7 Lakhs per year
IDFC FIRST Bank Banking Officer Salary - ₹2.0 Lakhs to ₹5.3 Lakhs per year
HDFC Bank Banking Officer Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Maruti Suzuki Banking Officer Salary - ₹0.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Banking Officer at Mahindra & Mahindra in India?

The estimated take-home salary of a Banking Officer at Mahindra & Mahindra ranges between ₹12,773 per month to ₹14,147 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Banking Officer salary in India which ranges between ₹1.4 Lakhs to ₹2.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Banking Officer at Mahindra & Mahindra?

According to AmbitionBox, 100% of the Mahindra & Mahindra Banking Officers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Banking Officer Salaries

Mahindra & Mahindra Banking Officer salary in India ranges between ₹1.4 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.