Mahindra Finance Associate Vice President Finance Salaries by 3 Employees

12 - 14 years exp.

₹27 Lakhs - ₹34.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Associate Vice President Finance Salary in NBFC Companies for 12 - 14 years of experience

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Last Updated: 9 Jul 2024

Companies similar to Mahindra Finance for Associate Vice President Finance

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Vice President Finance Salary 6 - 17 years exp. (3 salaries)	₹8.1 L/yr - ₹25.3 L/yr 47% less
JPMorgan Chase & Co. Associate Vice President Finance Salary 10 - 18 years exp. (47 salaries)	₹18.2 L/yr - ₹40 L/yr 5% more
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Standard Chartered Associate Vice President Finance Salary 7 - 22 years exp. (19 salaries)	₹30 L/yr - ₹44 L/yr 22% more
HSBC Group Associate Vice President Finance Salary 6 - 17 years exp. (18 salaries)	₹14 L/yr - ₹38 L/yr At par
Barclays Shared Services Associate Vice President Finance Salary 9 - 16 years exp. (14 salaries)	₹14.9 L/yr - ₹35.8 L/yr 12% less

Associate Vice President Finance salary at Mahindra Finance ranges between ₹27 Lakhs to ₹34.5 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Associate Vice President Finance salaries

Last Updated: 9 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
13 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
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14 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr

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Salary related reviews for Mahindra Finance

Credit Manager in Chennai

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.,

Salary - Poor

+6 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.

Credit Manager in Mumbai

BFSI, Investments & Trading Department

2.0

• posted on 28 Jun 2022

1.0

for Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

Salary - Bad

+4 more

Credit Manager in Sinnar

BFSI, Investments & Trading Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

Salary - Excellent

+5 more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

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..

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Finance Associate Vice President Finance Salary FAQs

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

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

Experience	Average Salary Range
12 years	₹27.0 Lakhs to ₹34.5 Lakhs per year
13 years	₹27.0 Lakhs to ₹34.5 Lakhs per year
14 years	₹27.0 Lakhs to ₹34.5 Lakhs per year

and so on.

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Mahindra Finance Associate Vice President Finance Salaries

Mahindra Finance Associate Vice President Finance salary in India ranges between ₹27 Lakhs to ₹34.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.