Mahindra Finance Accounts Associate Salaries by 60+ Employees (Updated 2025)

1 - 6 years exp.

₹1.6 Lakh - ₹3.4 Lakhs

Salary of majority employees

13% 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
HDFC Bank Accounts Associate Salary 0 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹3.1 L/yr 8% more
L&T Finance Accounts Associate Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 26% more
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Muthoot Finance Accounts Associate Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 22% less
Mahindra Rural Housing Finance Accounts Associate Salary 0 - 5 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
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

Similar Designation salaries in Mahindra Finance

Account Assistant Salary

(121 salaries)

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Process Associate Salary

(4 salaries)

₹2 L/yr - ₹8.1 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Accounts Officer Salary

(3 salaries)

₹2.75 L/yr - ₹3.35 L/yr

Accountant Salary

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₹1.2 L/yr - ₹5.25 L/yr

Accounting Staff Salary

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₹1.9 L/yr - ₹2.8 L/yr

Analyst Salary

(3 salaries)

₹1 L/yr - ₹12 L/yr

Deputy Manager Salary

(242 salaries)

₹4.04 L/yr - ₹12 L/yr

Finance Executive Salary

(162 salaries)

₹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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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 Finance Accounts Associate Salary FAQs

What is the salary of Accounts Associate at Mahindra Finance?

Accounts Associate salary at Mahindra Finance in India ranges between ₹1.6 Lakhs to ₹3.4 Lakhs for experience between 1 years to 6 years. According to our estimates it is 13% less than the average Accounts Associate Salary in India. Salary estimates are based on 60 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Accounts Associate at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Accounts Associate at Mahindra Finance is 13% less than the average salary of a Accounts Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Accounts Associate at Mahindra Finance?

Back Office Operations, Branch Accounting, Banking Operations, cre and Cash Handling are some of the popular skills required to work as a Accounts Associate at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Accounts Associate in India?

L&T Finance Accounts Associate Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
HDFC Bank Accounts Associate Salary - ₹2.8 Lakhs to ₹3.1 Lakhs per year

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

Bharat Financial Inclusion Accounts Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance Accounts Associate Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year
Mahindra Rural Housing Finance Accounts Associate Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
Sundaram Finance Accounts Associate Salary - ₹1.4 Lakhs to ₹1.9 Lakhs per year

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 ranges between ₹19,691 per month to ₹21,359 per month in India. The take-home salary calculation is based on the average Mahindra Finance Accounts Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Accounts Associate at Mahindra Finance?

According to AmbitionBox, 70% of the Mahindra Finance Accounts Associates reported a notice period of 1 Month, 20% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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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.