Mahindra Finance AVP Salaries by 6 Employees (Updated 2025)

11 - 20 years exp.

₹27 Lakhs - ₹40.3 Lakhs

Low Confidence

Salary of majority employees

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17% more than the average AVP Salary in NBFC Companies for 11 - 20 years of experience

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Salaries in different departments

Strategic & Top Management AVP Salary 11 - 16 years exp. (3 salaries)	Unlock ₹35.6 L/yr - ₹40.3 L/yr
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Sales & Business Development AVP Salary 12 - 13 years exp. (AmbitionBox Estimate)	Unlock ₹27 L/yr - ₹34.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 10 - 21 years exp. (340 salaries)	Unlock ₹13.5 L/yr - ₹40 L/yr 27% less
L&T Finance AVP Salary 4 - 12 years exp. (4 salaries)	Unlock ₹11 L/yr - ₹31 L/yr 45% less
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Aditya Birla Capital AVP Salary 10 - 16 years exp. (4 salaries)	Unlock ₹16 L/yr - ₹30 L/yr 27% less
Reliance Capital AVP Salary 5 - 22 years exp. (5 salaries)	Unlock ₹25 L/yr - ₹45 L/yr 10% less
Edelweiss AVP Salary 2 - 15 years exp. (15 salaries)	Unlock ₹18 L/yr - ₹37 L/yr 19% less
SMFG India Credit AVP Salary 6 - 16 years exp. (29 salaries)	Unlock ₹15 L/yr - ₹44 L/yr 15% less
IIFL Finance AVP Salary 7 - 15 years exp. (24 salaries)	Unlock ₹34.4 L/yr - ₹60 L/yr 5% more
Poonawalla Fincorp AVP Salary 8 - 18 years exp. (9 salaries)	Unlock ₹36 L/yr - ₹46 L/yr 20% more
Tata Capital Housing Finance AVP Salary 13 - 19 years exp. (5 salaries)	Unlock ₹24 L/yr - ₹30 L/yr 24% less
Bharat Financial Inclusion AVP Salary 20 - 22 years exp. (4 salaries)	Unlock ₹39 L/yr - ₹42.5 L/yr 14% more
Kotak Mahindra Prime AVP Salary 4 - 18 years exp. (4 salaries)	Unlock ₹15.5 L/yr - ₹25 L/yr 42% less
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Electronica Finance AVP Salary 8 - 17 years exp. (4 salaries)	Unlock ₹26 L/yr - ₹30 L/yr 20% less
Aavas Financiers AVP Salary 12 - 20 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹23.8 L/yr 45% less
Capri Global Capital AVP Salary 17 - 19 years exp. (3 salaries)	Unlock ₹50 L/yr - ₹55 L/yr 47% more
TVS Credit AVP Salary 15 - 25 years exp. (3 salaries)	Unlock ₹38 L/yr - ₹69 L/yr 44% more

AVP salary at Mahindra Finance ranges between ₹27 Lakhs to ₹40.3 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance AVP salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	Unlock ₹14.6 L/yr - ₹40 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹27 L/yr - ₹65.1 L/yr
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13 years (AmbitionBox Estimate)	Unlock ₹30 L/yr - ₹64.7 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹32.1 L/yr - ₹41 L/yr
15+ years (3 salaries)	Unlock ₹32 L/yr - ₹40.3 L/yr

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Salary related reviews for Mahindra Finance

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....

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.

Customer Associate in Warangal

Full Time

Finance & Accounting Department

1.0

• posted on 11 Feb 2023

1.0

for Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

... blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

Salary - Bad

+6 more

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

Cashier in Malkangiri

Full Time

Finance & Accounting Department

5.0

• posted on 19 Nov 2021

5.0

for Salary and Benefits

Likes

My company has nice work culture and allows employees to work freely and also good support from seniors and employees are motivated and appreciated for their effort.

Salary - Excellent

+6 more

Dislikes

There is nothing i dislike about the job in particular, But i honestly say that i have a family, i have one daughter and better salary is really needed that time with all the expenses... Company Refuse to pay the salary actually how much i need. So, I resigned my job...

see more salary related reviews

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2w (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... read more

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Mahindra Finance AVP Salary FAQs

What is the salary of AVP at Mahindra Finance?

AVP salary at Mahindra Finance in India ranges between ₹27.0 Lakhs to ₹40.3 Lakhs for experience between 11 years to 20 years. According to our estimates it is 17% more than the average AVP Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a AVP at Mahindra Finance is 17% more than the average salary of a AVP in India. To know exact salary insights, login to view.

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

Capri Global Capital AVP Salary - ₹50.0 Lakhs to ₹55.0 Lakhs per year
TVS Credit AVP Salary - ₹38.0 Lakhs to ₹69.0 Lakhs per year
Poonawalla Fincorp AVP Salary - ₹36.0 Lakhs to ₹46.0 Lakhs per year
Bharat Financial Inclusion AVP Salary - ₹39.0 Lakhs to ₹42.5 Lakhs per year
IIFL Finance AVP Salary - ₹34.4 Lakhs to ₹60.0 Lakhs per year

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

Reliance Capital AVP Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
SMFG India Credit AVP Salary - ₹15.0 Lakhs to ₹44.0 Lakhs per year
Edelweiss AVP Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
Electronica Finance AVP Salary - ₹26.0 Lakhs to ₹30.0 Lakhs per year
Tata Capital Housing Finance AVP Salary - ₹24.0 Lakhs to ₹30.0 Lakhs per year

What is the estimated take home salary of a AVP at Mahindra Finance in India?

The estimated take-home salary of a AVP at Mahindra Finance ranges between ₹2,14,053 per month to ₹2,22,594 per month in India. The take-home salary calculation is based on the average Mahindra Finance AVP salary in India which ranges between ₹27.0 Lakhs to ₹40.3 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?

What is the notice period for AVP at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance AVPs reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Mahindra Finance AVP Salaries

Mahindra Finance AVP salary in India ranges between ₹27 Lakhs to ₹40.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.