Mahindra Finance Back Office Associate Salaries by 9 Employees (Updated 2025)

1 - 6 years exp.

₹1.8 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Back Office Associate Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 27 Mar 2024

Companies similar to Mahindra Finance for Back Office Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Back Office Associate Salary 0 - 3 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 37% less
HDFC Bank Back Office Associate Salary 0 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3 L/yr 12% less
Login to view exact salary
Shriram Finance Back Office Associate Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 17% less
Cholamandalam Investment & Finance Back Office Associate Salary 1 - 4 years exp. (5 salaries)	₹0.9 L/yr - ₹2.4 L/yr 43% less
Mahindra Rural Housing Finance Back Office Associate Salary 1 - 3 years exp. (5 salaries)	₹0.6 L/yr - ₹1.5 L/yr 60% less
Kotak Mahindra Prime Back Office Associate Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 35% less
Spandana Sphoorty Financial Back Office Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 37% less
HDB Financial Services Back Office Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 33% less
Sundaram Finance Back Office Associate Salary 3 - 15 years exp. (4 salaries)	₹1.1 L/yr - ₹2 L/yr 46% less
CreditAccess Grameen Back Office Associate Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 27% less

Back Office Associate salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Back Office Associate salaries

Last Updated: 27 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
Login to view exact salary
3 years (3 salaries)	₹2.1 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.3 L/yr

View all

From

Back Office Associate

₹

Lakhs/yr

1 - 6 years exp.

Territory Accounts Manager

₹

Lakhs/yr

7 - 20 years exp.

Back Office Associate 1 - 6 years exp.

Branch Accounts Manager 4 - 13 years exp.

61% hike

Territory Accounts Manager 7 - 20 years exp.

152% hike

From

1 more level

Back Office Associate

1 - 6 years exp.

Branch Head

4 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Back Office Executive Salary

(43 salaries)

₹1.4 L/yr - ₹3.32 L/yr

Back Office Staff Salary

(7 salaries)

₹1.35 L/yr - ₹3 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Office Assistant Salary

(9 salaries)

₹1.45 L/yr - ₹2.6 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹8.1 L/yr

Customer Service Associate Salary

(15 salaries)

₹1.87 L/yr - ₹3 L/yr

Senior Officer Salary

(5 salaries)

₹3.42 L/yr - ₹4.62 L/yr

Sales Executive Salary

(229 salaries)

₹1.3 L/yr - ₹4.8 L/yr

Data Entry Operator Salary

(5 salaries)

₹2 L/yr - ₹3.25 L/yr

MIS Executive Salary

(19 salaries)

₹2 L/yr - ₹3.5 L/yr

Salary related reviews for Mahindra Finance

4.3

Rated by 5 employees for salary & benefits

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.

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

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (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 my previous org.

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Back Office Associate Salary FAQs

What is the salary of Back Office Associate at Mahindra Finance?

Back Office Associate salary at Mahindra Finance in India ranges between ₹1.8 Lakhs to ₹5.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 25% more than the average Back Office Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Back Office Associate at Mahindra Finance is 25% more than the average salary of a Back Office Associate in India. To know exact salary insights, login to view.

What is the salary of a Back Office Associate in companies similar to Mahindra Finance in India?

HDFC Bank Back Office Associate Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
Shriram Finance Back Office Associate Salary - ₹2.0 Lakhs to ₹3.3 Lakhs per year
CreditAccess Grameen Back Office Associate Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
HDB Financial Services Back Office Associate Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Prime Back Office Associate Salary - ₹1.8 Lakhs to ₹2.2 Lakhs per year

What is the estimated take home salary of a Back Office Associate at Mahindra Finance in India?

The estimated take-home salary of a Back Office Associate at Mahindra Finance ranges between ₹21,954 per month to ₹23,438 per month in India. The take-home salary calculation is based on the average Mahindra Finance Back Office Associate salary in India which ranges between ₹1.8 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Back Office Associate at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Back Office Associates reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Back Office Associate Salaries

Mahindra Finance Back Office Associate salary in India ranges between ₹1.8 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra Finance latest salaries received from various employees of Mahindra Finance.