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Mahindra Finance

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Mahindra Finance Back Office salaries in India

Annual salary range
0 - 5 years exp.
₹1.2 Lakh - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Back Office Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Back Office Salary
0 - 5 years exp. (4 salaries)
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₹1.2 L/yr - ₹2.7 L/yr

Administration & Facilities
Back Office Salary
5 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Last Updated: 22 Dec 2024

Companies similar to Mahindra Finance for Back Office

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Back Office Salary

0 - 13 years exp. (9 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 4% less
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HDFC Bank Back Office Salary

1 - 6 years exp. (19 salaries)

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₹1.1 L/yr - ₹4 L/yr

arrow icon 27% more
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Shriram Finance Back Office Salary

0 - 3 years exp. (6 salaries)

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₹2 L/yr - ₹2.2 L/yr

arrow icon 6% less
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L&T Finance Back Office Salary

1 - 2 years exp. (3 salaries)

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₹1.1 L/yr - ₹18.6 L/yr

arrow icon 236% more
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HDB Financial Services Back Office Salary

1 - 7 years exp. (6 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 1% less
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IIFL Finance Back Office Salary

1 - 4 years exp. (5 salaries)

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₹0.6 L/yr - ₹1.8 L/yr

arrow icon 60% less
Back Office salary at Mahindra Finance ranges between ₹1.2 Lakh to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Back Office

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5 years exp.
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1 year exp.
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5 years exp.

Experience wise Mahindra Finance Back Office salaries

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
View all

Top skills at Mahindra Finance for Back Office

Communication Skills Presentation Skills

Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Dec 2024

5.0
 for  Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

read more

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

read more
  • 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....

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary on time Culture

  • Promotions - Good
  • +1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

read more
  • Salary - Poor
  • +2 more

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.,

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Nov 2024

2.0
 for  Salary and Benefits

Likes

Mahindra finance job is very stable job having good experience and every employee is well trained have good knowledge about their job,when you work in office staff we gain all vertical knowledge like how to do collection and handle them getting knowledge of how to do bussiness where to get bussiness,cash handling,files handling lots of experience

read more
  • Skill development - Good
  • +3 more

Dislikes

In account works less salary and benefits in small branch having good cash flow and work but too less salary per annum no more hike also working for long term but not taking as onroll

read more
  • Salary - Poor
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Mahindra Finance Back Office Salary FAQs

What is the salary of Back Office at Mahindra Finance ?
The average salary of a Back Office at Mahindra Finance in India typically ranges from ₹1.2 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Back Office at Mahindra Finance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Back Office 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 5 Mahindra Finance employees in India.
What is the estimated take home salary of a Back Office at Mahindra Finance in India?
The estimated take-home salary of a Back Office at Mahindra Finance in India typically ranges from ₹14,932 to ₹16,494 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Back Office at Mahindra Finance ?
To be a Back Office at Mahindra Finance in india, the key skills required include:

  • - Communication Skills
  • - Presentation Skills

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Finance for Back Office in India?
L&T Finance ₹1.1 Lakhs to ₹18.6 Lakhs per year
HDFC Bank ₹1.1 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
What is the salary of a Back Office in companies similar to Mahindra Finance in India?
The salary of a Back Office at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹1.8 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance ₹1.5 Lakhs to ₹2.5 Lakhs per year
Shriram Finance ₹2.0 Lakhs to ₹2.2 Lakhs per year
IIFL Finance ₹0.6 Lakhs to ₹1.8 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 at Mahindra Finance in India?
The salary growth for a Back Office at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Back Office can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹3.5 Lakhs per year
1 year ₹0.8 Lakhs to ₹2.7 Lakhs per year
2 years ₹0.8 Lakhs to ₹2.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
and so on.

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Mahindra Finance Back Office salary in India ranges between ₹1.2 Lakh to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.