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Mahindra Finance

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Mahindra Finance Customer Associate salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹1.5 Lakh - ₹3.6 Lakhs
Salary of majority employees
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13% less than the average Customer Associate Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Customer Associate Salary
1 - 5 years exp. (22 salaries)
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₹1.9 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Customer Associate Salary
1 - 5 years exp. (9 salaries)
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₹1.9 L/yr - ₹3.6 L/yr

BFSI, Investments & Trading
Customer Associate Salary
1 - 5 years exp. (4 salaries)
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₹1.7 L/yr - ₹3.3 L/yr

Sales & Business Development
Customer Associate Salary
1 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹3.1 L/yr

Marketing & Communication
Customer Associate Salary
1 - 5 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for Customer Associate

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹2.9 L/yr

arrow icon 8% more
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Tech Mahindra Customer Associate Salary

0 - 3 years exp. (237 salaries)

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₹1 L/yr - ₹5.2 L/yr

arrow icon 2% more
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₹1 L/yr - ₹4.2 L/yr

arrow icon 9% more
1 job opening
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Asian Paints Customer Associate Salary

0 - 5 years exp. (118 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 30% more
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Teleperformance Customer Associate Salary

0 - 4 years exp. (79 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 2% more
Customer Associate salary at Mahindra Finance ranges between ₹1.5 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 58 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Customer Associate

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Experience wise Mahindra Finance Customer Associate salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year  (20 salaries)

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₹1.5 L/yr - ₹3.5 L/yr
2 years  (15 salaries)

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₹1.9 L/yr - ₹3.5 L/yr
3 years  (9 salaries)

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₹1.7 L/yr - ₹3.3 L/yr
4 years  (8 salaries)

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₹2.1 L/yr - ₹3.6 L/yr
5 years  (6 salaries)

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₹2 L/yr - ₹3.3 L/yr

Similar Designation salaries in Mahindra Finance

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₹7.13 L/yr - ₹9.66 L/yr
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₹2 L/yr - ₹8.1 L/yr
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₹1.87 L/yr - ₹3 L/yr
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₹1.88 L/yr - ₹3 L/yr
Customer Care Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹1.75 L/yr - ₹4.53 L/yr
Customer Service Officer Salary
(AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr
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₹1.5 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹2.77 L/yr
Sales Executive Salary
(232 salaries)
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₹1.3 L/yr - ₹4.8 L/yr

Top skills at Mahindra Finance for Customer Associate

Collections Auto Loans Collection Management Recovery Management Communication Skills Receivable Management Recovery Marketing auto finance Commercial Vehicle Loans

Salary related reviews for Mahindra Finance

3.6

Rated by 42 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 11 Feb 2023

1.0
 for  Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

... blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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

Finance & Accounting Department

4.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent..

  • Salary - Excellent
  • +4 more

Dislikes

Basic salary is very low and career growth is slow. Appraisals are not fair and they give less salary hike

read more
  • Promotions - Poor
see more salary related reviews

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Mahindra Finance Customer Associate Salary FAQs

What is the salary of Customer Associate at Mahindra Finance ?
The average salary of a Customer Associate at Mahindra Finance in India typically ranges from ₹1.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Customer Associate at Mahindra Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Customer Associate 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 50+ Mahindra Finance employees in India.
What is the estimated take home salary of a Customer Associate at Mahindra Finance in India?
The estimated take-home salary of a Customer Associate at Mahindra Finance in India typically ranges from ₹17,447 to ₹19,148 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year 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 50+ 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 Customer Associate at Mahindra Finance ?
To be a Customer Associate at Mahindra Finance in india, the key skills required include:

  • - Collections
  • - Auto Loans
  • - Collection Management
  • - Recovery Management
  • - Communication 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 Customer Associate in India?
Asian Paints ₹1.8 Lakhs to ₹4.5 Lakhs per year
Sutherland Global Services ₹1.0 Lakhs to ₹4.2 Lakhs per year
HDB Financial Services ₹2.4 Lakhs to ₹2.9 Lakhs per year
Teleperformance ₹1.4 Lakhs to ₹4.0 Lakhs per year
Tech Mahindra ₹1.0 Lakhs to ₹5.2 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.
How the salary growth look like for a Customer Associate at Mahindra Finance in India?
The salary growth for a Customer Associate at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Customer Associate can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹3.5 Lakhs per year
2 years ₹1.9 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.7 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.1 Lakhs to ₹3.6 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Customer Associate salary in India ranges between ₹1.5 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 58 Mahindra Finance latest salaries received from various employees of Mahindra Finance.