Mahindra & Mahindra Finance Officer Salaries by 5 Employees (Updated 2025)

4 - 7 years exp.

₹0.8 Lakh - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

45% less than the average Finance Officer Salary in Automobile Companies for 4 - 7 years of experience

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Last Updated: 23 Feb 2025

Companies similar to Mahindra & Mahindra for Finance Officer

Company name	Avg Annual Salary	Open Jobs
Ashok Leyland Finance Officer Salary 5 - 15 years exp. (5 salaries)	₹4.5 L/yr - ₹5 L/yr 71% more
Ford Motor Finance Officer Salary 8 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8.3 L/yr 161% more
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Bajaj Finserv Finance Officer Salary 0 - 6 years exp. (65 salaries)	₹1.5 L/yr - ₹3.6 L/yr 4% less
ITC Finance Officer Salary 3 - 11 years exp. (63 salaries)	₹2.9 L/yr - ₹7 L/yr 87% more
HDB Financial Services Finance Officer Salary 0 - 3 years exp. (39 salaries)	₹1.2 L/yr - ₹4 L/yr 20% less

Finance Officer salary at Mahindra & Mahindra ranges between ₹0.8 Lakh to ₹4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Finance Officer salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹0.8 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra & Mahindra Finance Officer Salary FAQs

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

The average salary of a Finance Officer at Mahindra & Mahindra in India typically ranges from ₹0.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Finance Officer at Mahindra & Mahindra earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Finance Officer Salaries at Mahindra & Mahindra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Mahindra & Mahindra employees in India.

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

The estimated take-home salary of a Finance Officer at Mahindra & Mahindra in India typically ranges from ₹19,528 to ₹21,199 per month. This is based on the average salary range of ₹0.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 4 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Finance Officer in India?

Ford Motor	₹6.5 Lakhs to ₹8.3 Lakhs per year
ITC	₹2.9 Lakhs to ₹7.0 Lakhs per year
Ashok Leyland	₹4.5 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.

What is the salary of a Finance Officer in companies similar to Mahindra & Mahindra in India?

The salary of a Finance Officer at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv	₹1.5 Lakhs to ₹3.6 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Finance Officer at Mahindra & Mahindra in India?

The salary growth for a Finance Officer at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Finance Officer can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
4 years	₹0.8 Lakhs to ₹2.7 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
6 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.5 Lakhs per year

and so on.

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Mahindra & Mahindra Finance Officer Salaries

Mahindra & Mahindra Finance Officer salary in India ranges between ₹0.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.