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

Annual salary range
11 - 25 years exp.
₹15 Lakhs - ₹38.5 Lakhs
Salary of majority employees
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Fixed (85%)
₹25.2 Lakhs
Variable (15%)
₹4.6 Lakhs
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At par with the average Assistant Vice President Salary in NBFC Companies for 11 - 25 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Vice President Salary
16 - 22 years exp. (3 salaries)
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₹29 L/yr - ₹38.5 L/yr

Engineering - Software & QA
Assistant Vice President Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹30 L/yr - ₹32.5 L/yr

Quality Assurance
Assistant Vice President Salary
24 - 25 years exp. (AmbitionBox Estimate)
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₹30.3 L/yr - ₹35 L/yr

Strategic & Top Management
Assistant Vice President Salary
22 - 23 years exp. (AmbitionBox Estimate)
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₹31.5 L/yr - ₹34 L/yr

Finance & Accounting
Assistant Vice President Salary
25 years exp. (AmbitionBox Estimate)
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₹29 L/yr - ₹32.9 L/yr

View all

Last Updated: 26 Feb 2025

Companies similar to Mahindra Finance for Assistant Vice President in Mumbai

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Mahindra Finance Assistant Vice President Salary

11 - 25 years exp. (19 salaries)

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₹15 L/yr - ₹38.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Vice President Salary

6 - 24 years exp. (1k salaries)

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₹12 L/yr - ₹39 L/yr

arrow icon 13% less
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ICICI Bank Assistant Vice President Salary

6 - 18 years exp. (17 salaries)

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₹13.1 L/yr - ₹36 L/yr

arrow icon 23% less
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Axis Bank Assistant Vice President Salary

6 - 23 years exp. (1.2k salaries)

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₹14 L/yr - ₹44.7 L/yr

arrow icon 11% less
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₹11.3 L/yr - ₹38 L/yr

arrow icon 27% less
3 job openings
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Edelweiss Assistant Vice President Salary

5 - 18 years exp. (105 salaries)

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₹12 L/yr - ₹42 L/yr

arrow icon 15% less
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₹17 L/yr - ₹48 L/yr

arrow icon 5% more
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IIFL Finance Assistant Vice President Salary

8 - 17 years exp. (37 salaries)

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₹13.5 L/yr - ₹31 L/yr

arrow icon 25% less
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₹21 L/yr - ₹40 L/yr

arrow icon 7% less
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₹30.5 L/yr - ₹48.5 L/yr

arrow icon 30% more
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₹27 L/yr - ₹53 L/yr

arrow icon 13% more
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₹18.3 L/yr - ₹24 L/yr

arrow icon 33% less
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₹15 L/yr - ₹19.5 L/yr

arrow icon 40% less
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₹18 L/yr - ₹33 L/yr

arrow icon 4% less
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₹18 L/yr - ₹25 L/yr

arrow icon 23% less
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L&T Finance Assistant Vice President Salary

5 - 12 years exp. (3 salaries)

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₹28 L/yr - ₹35 L/yr

arrow icon 4% more

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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 19 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Assistant Vice President in Mumbai

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23 years exp.
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16 years exp.
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25 years exp.
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14 years exp.
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19 years exp.
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11 years exp.
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Experience wise Mahindra Finance Assistant Vice President salaries in Mumbai

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹15 L/yr - ₹28.5 L/yr
12 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹34 L/yr
13 years (AmbitionBox Estimate)

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₹16.5 L/yr - ₹50.6 L/yr
14 years (AmbitionBox Estimate)

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₹15 L/yr - ₹51.2 L/yr
15+ years  (14 salaries)

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₹25 L/yr - ₹38.5 L/yr

Similar Designation salaries in Mahindra Finance

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₹4 L/yr - ₹7.76 L/yr

Salary related reviews for Mahindra Finance

3.9

Rated by 3 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

 · 

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.

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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....

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Full Time

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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

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  • Salary - Poor
  • +2 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

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  • Salary - Poor
  • +6 more
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Mahindra Finance Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Mahindra Finance Mumbai?
Assistant Vice President salary at Mahindra Finance in Mumbai ranges between ₹15.0 Lakhs to ₹38.5 Lakhs for experience between 11 years to 25 years. According to our estimates it is 3% more than the average Assistant Vice President Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Mahindra Finance Mumbai.
How does the salary of a Assistant Vice President at Mahindra Finance Mumbai compare with the average salary range for this job?
The average salary of a Assistant Vice President at Mahindra Finance is 3% more than the average salary of a Assistant Vice President in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a Assistant Vice President in Mumbai?
  • Aditya Birla Capital Assistant Vice President Salary - ₹30.5 Lakhs to ₹48.5 Lakhs per year
  • Reliance Capital Assistant Vice President Salary - ₹27.0 Lakhs to ₹53.0 Lakhs per year
  • SMFG India Credit Assistant Vice President Salary - ₹17.0 Lakhs to ₹48.0 Lakhs per year
  • L&T Finance Assistant Vice President Salary - ₹28.0 Lakhs to ₹35.0 Lakhs per year
What is the salary of a Assistant Vice President in companies similar to Mahindra Finance in Mumbai?
  • Sammaan Capital Limited Assistant Vice President Salary - ₹18.0 Lakhs to ₹33.0 Lakhs per year
  • Tata Capital Housing Finance Assistant Vice President Salary - ₹21.0 Lakhs to ₹40.0 Lakhs per year
  • Axis Bank Assistant Vice President Salary - ₹14.0 Lakhs to ₹44.7 Lakhs per year
  • HDFC Bank Assistant Vice President Salary - ₹12.0 Lakhs to ₹39.0 Lakhs per year
  • Edelweiss Assistant Vice President Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
What is the estimated take home salary of a Assistant Vice President at Mahindra Finance in Mumbai?
The estimated take-home salary of a Assistant Vice President at Mahindra Finance ranges between ₹1,83,737 per month to ₹1,90,908 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Assistant Vice President salary in India which ranges between ₹15.0 Lakhs to ₹38.5 Lakhs per year for employees with experience between 11 years to 25 years. Check how did we calculate take home salary?
What is the notice period for Assistant Vice President at Mahindra Finance in Mumbai?
According to AmbitionBox, 83% of the Mahindra Finance Assistant Vice Presidents in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Mahindra Finance Assistant Vice President salary in Mumbai ranges between ₹15 Lakhs to ₹38.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Mahindra Finance latest salaries received from various employees of Mahindra Finance.