Mahindra Finance Accounts Associate Salaries by 60+ Employees

1 - 6 years exp.

₹1.6 Lakh - ₹3.4 Lakhs

Salary of majority employees

14% less than the average Accounts Associate Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Accounts Associate Salary 1 - 6 years exp. (41 salaries)	₹1.6 L/yr - ₹3.2 L/yr
BFSI, Investments & Trading Accounts Associate Salary 1 - 6 years exp. (9 salaries)	₹1.7 L/yr - ₹3.4 L/yr
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Customer Success, Service & Operations Accounts Associate Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.3 L/yr
Marketing & Communication Accounts Associate Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.4 L/yr
Administration & Facilities Accounts Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.3 L/yr

Last Updated: 15 Sep 2024

Companies similar to Mahindra Finance for Accounts Associate

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Accounts Associate Salary 0 - 6 years exp. (12 salaries)	₹1.5 L/yr - ₹2.5 L/yr 29% less
Bharat Financial Inclusion Accounts Associate Salary 1 - 3 years exp. (8 salaries)	₹2.2 L/yr - ₹3.5 L/yr 4% less
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Spandana Sphoorty Financial Accounts Associate Salary 0 - 3 years exp. (6 salaries)	₹1.6 L/yr - ₹2 L/yr 39% less
L&T Finance Accounts Associate Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 26% more
Muthoot Finance Accounts Associate Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 22% less
Sundaram Finance Accounts Associate Salary 0 - 5 years exp. (3 salaries)	₹1.4 L/yr - ₹1.9 L/yr 44% less

Accounts Associate salary at Mahindra Finance ranges between ₹1.6 Lakh to ₹3.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 60 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Accounts Associate salaries

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
1 year (10 salaries)	₹1.6 L/yr - ₹4.6 L/yr
2 years (18 salaries)	₹1.6 L/yr - ₹3.1 L/yr
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3 years (13 salaries)	₹1.9 L/yr - ₹3.1 L/yr
4 years (6 salaries)	₹1.9 L/yr - ₹5.1 L/yr
5 years (10 salaries)	₹1.8 L/yr - ₹3.4 L/yr
6 years (3 salaries)	₹2 L/yr - ₹5.4 L/yr

View all

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Accountant Salary

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Accounting Staff Salary

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₹1.9 L/yr - ₹2.8 L/yr

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₹1 L/yr - ₹12 L/yr

Deputy Manager Salary

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₹4 L/yr - ₹12 L/yr

Finance Executive Salary

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₹1.6 L/yr - ₹4.8 L/yr

Senior Accounts Executive Salary

(11 salaries)

₹3 L/yr - ₹5 L/yr

Top skills at Mahindra Finance for Accounts Associate

Back Office Operations Branch Accounting Banking Operations cre Cash Handling Cash Management Loan Operations Teller Operations

Salary related reviews for Mahindra Finance

2.6

Rated by 16 employees for salary & benefits

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.

Salary - Bad

+4 more

Accounts Associate in Naidupet

Finance & Accounting Department

2.0

• posted on 06 Mar 2022

1.0

for Salary and Benefits

Likes

It is a big company only

Skill development - Good

+1 more

Dislikes

Very very low basic pay their given to employees and all other benefits only for higher category and lower employee not get any benefits for salary packages basic pay is starting with 5000

Salary - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Finance Executive in Haryana ,Rohtak

BFSI, Investments & Trading Department

4.0

• posted on 01 May 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Job security - Bad

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Accounts Associate Salary FAQs

What is the salary of Accounts Associate at Mahindra Finance ?

The average salary of a Accounts Associate at Mahindra Finance in India typically ranges from ₹1.6 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Accounts Associate at Mahindra Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Accounts Associate Salaries at Mahindra Finance 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 60+ Mahindra Finance employees in India.

What is the estimated take home salary of a Accounts Associate at Mahindra Finance in India?

The estimated take-home salary of a Accounts Associate at Mahindra Finance in India typically ranges from ₹19,691 to ₹21,359 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 60+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Accounts Associate at Mahindra Finance ?

To be a Accounts Associate at Mahindra Finance in india, the key skills required include:

- Back Office Operations
- Branch Accounting
- Banking Operations
- cre
- Cash Handling

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Accounts Associate in India?

L&T Finance

₹3.0 Lakhs to ₹3.8 Lakhs per year

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

What is the salary of a Accounts Associate in companies similar to Mahindra Finance in India?

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

Bharat Financial Inclusion	₹2.2 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance	₹2.0 Lakhs to ₹2.4 Lakhs per year
Mahindra Rural Housing Finance	₹1.5 Lakhs to ₹2.5 Lakhs per year
Spandana Sphoorty Financial	₹1.6 Lakhs to ₹2.0 Lakhs per year
Sundaram Finance	₹1.4 Lakhs to ₹1.9 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 Accounts Associate at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.1 Lakhs per year
3 years	₹1.9 Lakhs to ₹3.1 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.1 Lakhs per year

and so on.

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Mahindra Finance Accounts Associate Salaries

Mahindra Finance Accounts Associate salary in India ranges between ₹1.6 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 60 Mahindra Finance latest salaries received from various employees of Mahindra Finance.