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Mahindra Finance

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Mahindra Finance Salaries in Chandigarh (Updated 2025)

based on 65 latest salaries
Explore Salaries by Departments
Finance & Accounting Sales & Business Development BFSI, Investments & Trading Human Resources + 2 more
Designation Avg Annual Salary Open Jobs
9 - 22 years exp. · Chandigarh (9 salaries)
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₹11 L/yr - ₹25 L/yr

1 job opening
4 - 6 years exp. · Chandigarh (4 salaries)
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₹6 L/yr - ₹10 L/yr

0 - 12 years exp. · Chandigarh (4 salaries)
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₹4.1 L/yr - ₹8 L/yr

1 job opening
1 - 4 years exp. · Chandigarh (4 salaries)
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₹1.9 L/yr - ₹2 L/yr

Starting your career? Discover Mahindra Finance fresher salaries in India
3 - 4 years exp. · Chandigarh (3 salaries)
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₹2.3 L/yr - ₹3.3 L/yr

2 job openings
13 - 15 years exp. · Chandigarh (3 salaries)
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₹8.7 L/yr - ₹13.4 L/yr

8 - 13 years exp. · Chandigarh (3 salaries)
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₹5 L/yr - ₹6.7 L/yr

8 - 11 years exp. · Chandigarh (3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

10 - 18 years exp. · Chandigarh (3 salaries)
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₹7.9 L/yr - ₹9.6 L/yr

10 - 11 years exp. · Chandigarh (AmbitionBox Estimate)
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₹7 L/yr - ₹8.6 L/yr

10 - 15 years exp. · Chandigarh (AmbitionBox Estimate)
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₹12.5 L/yr - ₹14.2 L/yr

2 - 3 years exp. · Chandigarh (AmbitionBox Estimate)
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₹5.5 L/yr - ₹7.5 L/yr

6 - 7 years exp. · Chandigarh (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.7 L/yr

3 - 6 years exp. · Chandigarh (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.6 L/yr

9 - 12 years exp. · Chandigarh (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

0 - 4 years exp. · Chandigarh (AmbitionBox Estimate)
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₹6 L/yr - ₹7.5 L/yr

14 - 15 years exp. · Chandigarh (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.1 L/yr

1 job opening
4 - 6 years exp. · Chandigarh (AmbitionBox Estimate)
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₹3.2 L/yr - ₹5.4 L/yr

12 years exp. · Chandigarh (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

7 years exp. · Chandigarh (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Last Updated: 19 Mar, 2025

Salary related reviews for Mahindra Finance

4.1

Rated by 26 employees for salary & benefits

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.

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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.

read more
  • Salary - Bad
  • +6 more

Investment Department

2.0
  •  posted on 06 May 2021

1.0
 for  Salary and Benefits

Likes

...e very dominated, The HR who speaks to you in joining time is absolutely untrue. After joining you find out how they have been rotating your salary package.

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  • Company culture - Good

Dislikes

Old employees are not ready to accept the new pattern, if they are told something then they are not ready to listen and after that the politics starts.

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  • Salary - Bad
  • +2 more

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.

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  • 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.

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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

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  • 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....

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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

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  • Salary - Poor
  • +2 more
see more salary related reviews

Mahindra Finance Salary FAQs

How much does Mahindra Finance pay to its employees?
The average annual salary at Mahindra Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Mahindra Finance, are as follows:

Divisional Manager ₹11 Lakhs to ₹25 Lakhs per year
Deputy Manager HR ₹6 Lakhs to ₹10 Lakhs per year
Deputy Manager ₹4.1 Lakhs to ₹8 Lakhs per year
Accounts Assistant & Cashier ₹1.9 Lakhs to ₹2 Lakhs per year

The highest-paying role, Marketing Head, earns between ₹90 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹46 Lakhs per year. 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 salary estimates are based on data from 65 salaries submitted by Mahindra Finance employees. Mahindra Finance is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Mahindra Finance in Chandigarh?
The salary of a fresher at Mahindra Finance in Chandigarh typically ranges from ₹1.9 Lakh to ₹13.4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Cashier Salary ₹1.8 Lakhs to ₹3.2 Lakhs per year
Fresher as a Business Executive Salary ₹1.2 Lakhs to ₹3.5 Lakhs per year
Fresher as a Deputy Manager Salary ₹6 Lakhs to ₹10 Lakhs per year
Fresher as a Management Trainee Salary ₹6 Lakhs to ₹13.4 Lakhs per year

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Average annual salary in Mahindra Finance , Chandigarh is INRunlock blur . Salary estimates are based on 65 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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