Mahindra Finance Back Office Operations Executive Salaries by 4 Employees (Updated 2025)

0 - 7 years exp.

₹2.4 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

46% more than the average Back Office Operations Executive Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Back Office Operations Executive Salary 0 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹5.2 L/yr
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Administration & Facilities Back Office Operations Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 19 Feb 2025

Companies similar to Mahindra Finance for Back Office Operations Executive

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Back Office Operations Executive Salary 0 - 4 years exp. (7 salaries)	₹1.6 L/yr - ₹2.4 L/yr 39% less
Shriram Finance Back Office Operations Executive Salary 0 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 35% less
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SMFG India Credit Back Office Operations Executive Salary 1 - 2 years exp. (4 salaries)	₹2.4 L/yr - ₹3.4 L/yr 13% less
Bajaj Finance Back Office Operations Executive Salary 0 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 25% less
IndusInd Bank Back Office Operations Executive Salary 0 - 5 years exp. (14 salaries)	₹1.8 L/yr - ₹2.3 L/yr 39% less

Back Office Operations Executive salary at Mahindra Finance ranges between ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Back Office Operations Executive salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Mahindra Finance

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(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for Mahindra Finance

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.

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Back Office Operations Executive Salary FAQs

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

The average salary of a Back Office Operations Executive at Mahindra Finance in India typically ranges from ₹2.4 Lakhs to ₹5.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Back Office Operations Executive at Mahindra Finance earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Back Office Operations Executive Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mahindra Finance employees in India.

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

The estimated take-home salary of a Back Office Operations Executive at Mahindra Finance in India typically ranges from ₹24,711 to ₹26,154 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from Fresher to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Back Office Operations Executive at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit	₹2.4 Lakhs to ₹3.4 Lakhs per year
Bajaj Finance	₹2.2 Lakhs to ₹3.0 Lakhs per year
Shriram Finance	₹1.8 Lakhs to ₹2.5 Lakhs per year
IndusInd Bank	₹1.8 Lakhs to ₹2.3 Lakhs per year
HDB Financial Services	₹1.6 Lakhs to ₹2.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Back Office Operations Executive at Mahindra Finance in India?

The salary growth for a Back Office Operations Executive at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Back Office Operations Executive can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹2.9 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Mahindra Finance Back Office Operations Executive Salaries

Mahindra Finance Back Office Operations Executive salary in India ranges between ₹2.4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.