Mahindra Finance Mumbai Back Office Executive Salaries by 8 Employees (Updated 2025)

0 - 4 years exp.

₹2 Lakhs - ₹2.7 Lakhs

Salary of majority employees

Fixed (100%)

₹2.6 Lakhs

Variable (0%)

₹0.0

9% more than the average Back Office Executive Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Back Office Executive Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹2.7 L/yr
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Finance & Accounting Back Office Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.8 L/yr

Last Updated: 2 Jan 2024

Companies similar to Mahindra Finance for Back Office Executive in Mumbai

Mahindra Finance Back Office Executive Salary

0 - 4 years exp. (8 salaries)

₹2 L/yr - ₹2.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Back Office Executive Salary 1 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹2.6 L/yr 13% less
HDFC Bank Back Office Executive Salary 0 - 7 years exp. (82 salaries)	₹1 L/yr - ₹3.8 L/yr 6% less
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Shriram Finance Back Office Executive Salary 2 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 17% less
L&T Finance Back Office Executive Salary 0 - 6 years exp. (8 salaries)	₹1.1 L/yr - ₹2.5 L/yr 21% less
Aditya Birla Capital Back Office Executive Salary 2 - 9 years exp. (5 salaries)	₹1.8 L/yr - ₹4.5 L/yr 1% more
Edelweiss Back Office Executive Salary 1 - 6 years exp. (10 salaries)	₹1.1 L/yr - ₹3.8 L/yr 1% more
IIFL Finance Back Office Executive Salary 0 - 7 years exp. (9 salaries)	₹1.4 L/yr - ₹3.3 L/yr 1% less
SMFG India Credit Back Office Executive Salary 0 - 8 years exp. (8 salaries)	₹2.4 L/yr - ₹3.8 L/yr 5% more
Sundaram Finance Back Office Executive Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 4% more

Back Office Executive salary at Mahindra Finance ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Back Office Executive salaries in Mumbai

Last Updated: 2 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr

Similar Designation salaries in Mahindra Finance

MIS Executive Salary

(7 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Sales Executive Salary

(4 salaries)

₹2 L/yr - ₹3.43 L/yr

Senior Officer Salary

(3 salaries)

₹3.42 L/yr - ₹3.5 L/yr

Operations Executive Salary

(3 salaries)

₹1.95 L/yr - ₹4 L/yr

Salary related reviews for Mahindra Finance

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

Back Office Executive in Coimbatore

BFSI, Investments & Trading Department

4.0

• posted on 05 Jan 2019

1.0

for Salary and Benefits

Likes

Work environment ok

Skill development - Good

+2 more

Dislikes

Accounts team are facing many more work load and getting only very lowest salary for lot of work.. Accounts team was facing working time on many days on 10 to 12 hours..but working time was 8 hours..and this company cannot give incentive are allowances and food for the extra timings...

Salary - Bad

+1 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

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.

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Finance Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Mahindra Finance Mumbai?

Back Office Executive salary at Mahindra Finance in Mumbai ranges between ₹2.0 Lakhs to ₹2.7 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 9% more than the average Back Office Executive Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Back Office Executive at Mahindra Finance is 9% more than the average salary of a Back Office Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Back Office Executive in Mumbai?

SMFG India Credit Back Office Executive Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
Sundaram Finance Back Office Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Edelweiss Back Office Executive Salary - ₹1.1 Lakhs to ₹3.8 Lakhs per year
Aditya Birla Capital Back Office Executive Salary - ₹1.8 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Back Office Executive in companies similar to Mahindra Finance in Mumbai?

IIFL Finance Back Office Executive Salary - ₹1.4 Lakhs to ₹3.3 Lakhs per year
HDFC Bank Back Office Executive Salary - ₹1.0 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance Back Office Executive Salary - ₹1.8 Lakhs to ₹2.6 Lakhs per year
Shriram Finance Back Office Executive Salary - ₹1.5 Lakhs to ₹2.4 Lakhs per year
L&T Finance Back Office Executive Salary - ₹1.1 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Back Office Executive at Mahindra Finance ranges between ₹18,134 per month to ₹19,825 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Back Office Executive salary in India which ranges between ₹2.0 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Back Office Executive at Mahindra Finance in Mumbai?

According to AmbitionBox, 75% of the Mahindra Finance Back Office Executives in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Back Office Executive Salaries in Mumbai

Mahindra Finance Back Office Executive salary in Mumbai ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mahindra Finance latest salaries received from various employees of Mahindra Finance.