Mahindra Finance Associate Vice President Salaries by 3 Employees

16 - 19 years exp.

₹27.7 Lakhs - ₹33 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Associate Vice President Salary in NBFC Companies for 16 - 19 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Vice President Salary 19 years exp. (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.2 L/yr
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Procurement & Supply Chain Associate Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.3 L/yr

Last Updated: 20 Jul 2024

Companies similar to Mahindra Finance for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (60 salaries)	₹8.3 L/yr - ₹29 L/yr 44% less
SMFG India Credit Associate Vice President Salary 6 - 19 years exp. (37 salaries)	₹13.5 L/yr - ₹49 L/yr 2% more
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Spandana Sphoorty Financial Associate Vice President Salary 3 - 16 years exp. (28 salaries)	₹6.1 L/yr - ₹25.6 L/yr 51% less
Poonawalla Fincorp Associate Vice President Salary 9 - 20 years exp. (25 salaries)	₹27.5 L/yr - ₹52 L/yr 22% more
Kotak Mahindra Prime Associate Vice President Salary 9 - 19 years exp. (22 salaries)	₹11 L/yr - ₹27 L/yr 43% less
Capri Global Capital Associate Vice President Salary 5 - 21 years exp. (20 salaries)	₹12 L/yr - ₹36.7 L/yr 23% less
Muthoot Microfin Associate Vice President Salary 10 - 19 years exp. (9 salaries)	₹14.2 L/yr - ₹21.2 L/yr 43% less
TVS Credit Associate Vice President Salary 20 - 25 years exp. (9 salaries)	₹23.2 L/yr - ₹55 L/yr 44% more
Tata Capital Housing Finance Associate Vice President Salary 10 - 16 years exp. (7 salaries)	₹24 L/yr - ₹40 L/yr 1% more
Muthoot Fincorp Associate Vice President Salary 16 - 25 years exp. (6 salaries)	₹14.1 L/yr - ₹30 L/yr 33% less
Satin Creditcare Network Associate Vice President Salary 11 - 13 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 27% less
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HDB Financial Services Associate Vice President Salary 0 - 21 years exp. (6 salaries)	₹19 L/yr - ₹30.2 L/yr 19% less
SK Finance Limited Associate Vice President Salary 15 - 19 years exp. (5 salaries)	₹16 L/yr - ₹24 L/yr 30% less
Bajaj Finance Associate Vice President Salary 5 - 15 years exp. (5 salaries)	₹16.8 L/yr - ₹33.8 L/yr 12% less
Bharat Financial Inclusion Associate Vice President Salary 10 - 15 years exp. (4 salaries)	₹34.4 L/yr - ₹40.5 L/yr 25% more
Aavas Financiers Associate Vice President Salary 10 - 14 years exp. (4 salaries)	₹18.5 L/yr - ₹32 L/yr 26% less
Shriram Finance Associate Vice President Salary 4 - 8 years exp. (4 salaries)	₹21.2 L/yr - ₹29 L/yr 21% less
CreditAccess Grameen Associate Vice President Salary 10 - 22 years exp. (4 salaries)	₹29.4 L/yr - ₹48 L/yr 29% more
Asirvad Microfinance Associate Vice President Salary 10 - 14 years exp. (3 salaries)	₹10.2 L/yr - ₹18 L/yr 57% less
L&T Finance Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹17 L/yr - ₹36 L/yr 14% less

Associate Vice President salary at Mahindra Finance ranges between ₹27.7 Lakhs to ₹33 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Associate Vice President salaries

Last Updated: 20 Jul 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹27.7 L/yr - ₹33 L/yr
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Similar Designation salaries in Mahindra Finance

Associate Consultant Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹14.6 L/yr - ₹18.6 L/yr

Project Lead Salary

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₹16.5 L/yr - ₹20 L/yr

Software Engineer Salary

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₹3 L/yr - ₹7.62 L/yr

Technical Lead Salary

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₹13.01 L/yr - ₹15 L/yr

Senior Engineer Salary

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₹10 L/yr - ₹38 L/yr

Project Manager Salary

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₹8 L/yr - ₹29.1 L/yr

Senior Consultant Salary

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₹0.4 L/yr - ₹1.2 L/yr

Module Lead Salary

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₹13.4 L/yr - ₹17.1 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

Senior Engineer in Aurangaba Maharashtra

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..

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..

Job security - Poor

+3 more

Sales Executive in Salem

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

Salary - Bad

+4 more

Area Business Manager in Hyderabad / Secunderabad

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.

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.

Senior Business Executive in Port Blair

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

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....

Area Business Manager in Kanpur

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

Salary - Poor

+2 more

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Mahindra Finance Associate Vice President Salary FAQs

How the salary growth look like for a Associate Vice President at Mahindra Finance in India?

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

Experience	Average Salary Range
15 years	₹27.7 Lakhs to ₹33.0 Lakhs per year

and so on.

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Mahindra Finance Associate Vice President Salaries

Mahindra Finance Associate Vice President salary in India ranges between ₹27.7 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.