Mahindra Finance Cash Officer Salaries by 5 Employees (Updated 2024)

1 - 5 years exp.

₹1.1 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Cash Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cash Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
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Finance & Accounting Cash Officer Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.5 L/yr

Last Updated: 17 May 2024

Companies similar to Mahindra Finance for Cash Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cash Officer Salary 0 - 6 years exp. (6 salaries)	₹2.6 L/yr - ₹3.5 L/yr 57% more
Manappuram Finance Cash Officer Salary 0 - 1 year exp. (5 salaries)	₹1.1 L/yr - ₹2.1 L/yr 21% less
Login to view exact salary
SMFG India Credit Cash Officer Salary 0 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹2.2 L/yr 1% less
DMart Cash Officer Salary 2 - 8 years exp. (233 salaries)	₹1.2 L/yr - ₹4 L/yr 32% more
SIS Prosegur Holdings Cash Officer Salary 0 - 6 years exp. (142 salaries)	₹0.9 L/yr - ₹3.6 L/yr At par

Cash Officer salary at Mahindra Finance ranges between ₹1.1 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Cash Officer salaries

Last Updated: 17 May 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.1 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

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Salary related reviews for Mahindra Finance

4.0

Rated by 1 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.

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...

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.

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...

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.

Banking Officer (working remotely)

Part Time

Customer Success, Service & Operations Department

4.0

• posted on 19 Apr 2023

4.0

for Salary and Benefits

Likes

Mahindra finance started on 1 January 1991 as Maxi Motors Financial Services Limited They received the certificate of commencement of business on 19 Feburary 1991 on 3 November 1992 Mahindra finance is registered with the reserve Bank of india as an asset finance deposit taking NBFC.

Dislikes

... nothing much to do this is not across every dept though . Depends on your RA. A bit too relaxed work environment the salary structure is not up to the mark compared to other NBFCs, especially the bonus components.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Cash Officer Salary FAQs

What is the salary of Cash Officer at Mahindra Finance?

Cash Officer salary at Mahindra Finance in India ranges between ₹1.1 Lakhs to ₹2.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 23% less than the average Cash Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Cash Officer at Mahindra Finance is 23% less than the average salary of a Cash Officer in India. To know exact salary insights, login to view.

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

HDFC Bank Cash Officer Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
DMart Cash Officer Salary - ₹1.2 Lakhs to ₹4.0 Lakhs per year

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

SIS Prosegur Holdings Cash Officer Salary - ₹0.9 Lakhs to ₹3.6 Lakhs per year
SMFG India Credit Cash Officer Salary - ₹1.6 Lakhs to ₹2.2 Lakhs per year
Manappuram Finance Cash Officer Salary - ₹1.1 Lakhs to ₹2.1 Lakhs per year

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

The estimated take-home salary of a Cash Officer at Mahindra Finance ranges between ₹13,099 per month to ₹14,502 per month in India. The take-home salary calculation is based on the average Mahindra Finance Cash Officer salary in India which ranges between ₹1.1 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Cash Officer at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Cash Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Finance Cash Officer Salaries

Mahindra Finance Cash Officer salary in India ranges between ₹1.1 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.