Upload Button Icon Add office photos

Mahindra Finance

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

Mahindra Finance Assistant Vice President salaries in India (Updated 2025)

Annual salary range
11 - 25 years exp.
₹15 Lakhs - ₹38.5 Lakhs
Avg. annual salary
unlock blur
Fixed
unlock blur Lakhs
Variable
unlock blur Lakhs

Monthly In-hand Salary

unlock blur

8% less than the average Assistant Vice President Salary in NBFC Companies for 11 - 25 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Salary
14 - 25 years exp. (7 salaries)
unlock-blur

₹25.3 L/yr - ₹38.5 L/yr

Finance & Accounting
Assistant Vice President Salary
20 - 25 years exp. (3 salaries)
unlock-blur

₹23.9 L/yr - ₹36 L/yr

Engineering - Software & QA
Assistant Vice President Salary
16 - 17 years exp. (AmbitionBox Estimate)
unlock-blur

₹27.8 L/yr - ₹32.5 L/yr

Quality Assurance
Assistant Vice President Salary
24 - 25 years exp. (AmbitionBox Estimate)
unlock-blur

₹28.6 L/yr - ₹35 L/yr

Strategic & Top Management
Assistant Vice President Salary
22 - 23 years exp. (AmbitionBox Estimate)
unlock-blur

₹27.6 L/yr - ₹34 L/yr

View all

Last Updated: 4 Apr 2025

Companies similar to Mahindra Finance for Assistant Vice President

Company name Avg Annual Salary Open Jobs
Logo
unlock blur

₹16.8 L/yr - ₹48 L/yr

arrow icon 22% more
Logo
IIFL Finance Assistant Vice President Salary

8 - 18 years exp. (63 salaries)

unlock blur

₹8.3 L/yr - ₹30 L/yr

arrow icon 30% less
unlock blur

₹20 L/yr - ₹30.5 L/yr

arrow icon 14% less
Logo
Shriram Finance Assistant Vice President Salary

4 - 20 years exp. (15 salaries)

unlock blur

₹15 L/yr - ₹23 L/yr

arrow icon 31% less
Logo
unlock blur

₹12.1 L/yr - ₹24 L/yr

arrow icon 31% less
unlock blur

₹22 L/yr - ₹32 L/yr

arrow icon 7% less
unlock blur

₹18 L/yr - ₹32 L/yr

arrow icon 9% less
unlock blur

₹8.4 L/yr - ₹33 L/yr

arrow icon 24% less
unlock blur

₹6 L/yr - ₹20.7 L/yr

arrow icon 52% less
unlock blur

₹18 L/yr - ₹28 L/yr

arrow icon 24% less
unlock blur

₹18 L/yr - ₹42 L/yr

arrow icon 11% more
unlock blur

₹6.4 L/yr - ₹15 L/yr

arrow icon 61% less
Logo
unlock blur

₹17.1 L/yr - ₹33.8 L/yr

arrow icon 4% less
unlock blur

₹42 L/yr - ₹50.1 L/yr

arrow icon 76% more
unlock blur

₹34 L/yr - ₹42 L/yr

arrow icon 30% more
Logo
TVS Credit Assistant Vice President Salary

17 - 21 years exp. (3 salaries)

unlock blur

₹33 L/yr - ₹41.4 L/yr

arrow icon 35% more
Logo
L&T Finance Assistant Vice President Salary

2 - 10 years exp. (5 salaries)

unlock blur

₹28 L/yr - ₹35 L/yr

arrow icon 12% more
Logo
unlock blur

₹24 L/yr - ₹35 L/yr

arrow icon 4% more
unlock blur

₹30 L/yr - ₹48 L/yr

arrow icon 29% more
unlock blur

₹37 L/yr - ₹40 L/yr

arrow icon 42% more
Assistant Vice President salary at Mahindra Finance ranges between ₹15 Lakhs to ₹38.5 Lakhs per year for employees with experience between 11 years to 25 years. Salary estimates are based on 28 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Assistant Vice President

2d ago
₹34 Lakhs
23 years exp.
3d ago
₹26 Lakhs
15 years exp.
1w ago
₹15 Lakhs
14 years exp.
4w ago
₹38.5 Lakhs
16 years exp.
1mo ago
₹21 Lakhs
15 years exp.
2mo ago
avg blur mobile
25 years exp.
2mo ago
avg blur mobile
14 years exp.
3mo ago
avg blur mobile
17 years exp.
4mo ago
avg blur mobile
20 years exp.
5mo ago
avg blur mobile
19 years exp.

Experience wise Mahindra Finance Assistant Vice President salaries

Last Updated: 4 Apr 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

unlock blur

₹22.4 L/yr - ₹28.7 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹22.7 L/yr - ₹29 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹23 L/yr - ₹29.4 L/yr
14 years  (3 salaries)

unlock blur

₹15 L/yr - ₹26 L/yr
15+ years  (21 salaries)

unlock blur

₹21 L/yr - ₹38.5 L/yr

Similar Designation salaries in Mahindra Finance

Associate Consultant Salary
(AmbitionBox Estimate)
unlock blur
₹6.8 L/yr - ₹8.6 L/yr
Technical Architect Salary
(AmbitionBox Estimate)
unlock blur
₹14.6 L/yr - ₹18.6 L/yr
Technical Lead Salary
(3 salaries)
unlock blur
₹13.01 L/yr - ₹15 L/yr
unlock blur
₹10 L/yr - ₹38 L/yr
unlock blur
₹0.4 L/yr - ₹1.2 L/yr
unlock blur
₹3 L/yr - ₹7.62 L/yr
Test Lead Salary
(AmbitionBox Estimate)
unlock blur
₹10.8 L/yr - ₹13.8 L/yr
Project Lead Salary
(3 salaries)
unlock blur
₹16.5 L/yr - ₹20 L/yr
unlock blur
₹6.2 L/yr - ₹12.5 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
unlock blur
₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for Mahindra Finance

3.9

Rated by 5 employees for salary & benefits

Technical Department

4.0
  •  posted on 25 May 2021

4.0
 for  Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

read more
  • Salary - Good
  • +1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

read more
  • Job security - Poor
  • +3 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

Can learn everything thing

  • Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Dec 2024

5.0
 for  Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

read more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 12 Oct 2024

5.0
 for  Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

read more
  • Salary - Excellent
  • +6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary on time Culture

  • Promotions - Good
  • +1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra Finance Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Mahindra Finance ?
The average salary of a Assistant Vice President at Mahindra Finance in India typically ranges from ₹15.0 Lakhs to ₹38.5 Lakhs per year, depending on experience (from 11 years to 25 years).

The top 10% of Assistant Vice President at Mahindra Finance earn more than ₹35.7 Lakhs per year, and the top 1% earn over ₹38.5 Lakhs per year. Assistant Vice President 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 20+ Mahindra Finance employees in India.
What is the estimated take home salary of a Assistant Vice President at Mahindra Finance in India?
The estimated take-home salary of a Assistant Vice President at Mahindra Finance in India typically ranges from ₹1,70,013 to ₹1,76,564 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹38.5 Lakhs per year for employees with experience ranging from 11 years to 25 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 20+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Finance for Assistant Vice President in India?
CreditAccess Grameen ₹42.0 Lakhs to ₹50.1 Lakhs per year
Poonawalla Fincorp ₹37.0 Lakhs to ₹40.0 Lakhs per year
TVS Credit ₹33.0 Lakhs to ₹41.4 Lakhs per year
Bharat Financial Inclusion ₹34.0 Lakhs to ₹42.0 Lakhs per year
Bajaj Finance ₹30.0 Lakhs to ₹48.0 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 Assistant Vice President in companies similar to Mahindra Finance in India?
The salary of a Assistant Vice President at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹16.8 Lakhs to ₹48.0 Lakhs per year
L&T Finance ₹28.0 Lakhs to ₹35.0 Lakhs per year
Mahindra Rural Housing Finance ₹18.0 Lakhs to ₹42.0 Lakhs per year
Muthoot Finance ₹24.0 Lakhs to ₹35.0 Lakhs per year
Ess Kay Fincorp ₹17.1 Lakhs to ₹33.8 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 Assistant Vice President at Mahindra Finance in India?
The salary growth for a Assistant Vice President at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
11 years ₹22.4 Lakhs to ₹28.7 Lakhs per year
12 years ₹22.7 Lakhs to ₹29.0 Lakhs per year
13 years ₹23.0 Lakhs to ₹29.4 Lakhs per year
14 years ₹15.0 Lakhs to ₹26.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Assistant Vice President salary in India ranges between ₹15 Lakhs to ₹38.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 Mahindra Finance latest salaries received from various employees of Mahindra Finance.