Mahindra Finance Customer Relation Officer Salaries by 6 Employees

3 - 10 years exp.

₹1.6 Lakh - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% less than the average Customer Relation Officer Salary in NBFC Companies for 3 - 10 years of experience

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Last Updated: 22 Jun 2023

Companies similar to Mahindra Finance for Customer Relation Officer

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Customer Relation Officer Salary 0 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹3.8 L/yr 12% more
HDB Financial Services Customer Relation Officer Salary 0 - 4 years exp. (9 salaries)	₹1.8 L/yr - ₹2.5 L/yr 14% less
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Muthoot Fincorp Customer Relation Officer Salary 5 - 33 years exp. (7 salaries)	₹1.2 L/yr - ₹3 L/yr At par
Muthoot Finance Customer Relation Officer Salary 3 - 11 years exp. (6 salaries)	₹3 L/yr - ₹3.4 L/yr 37% more
Tata Capital Housing Finance Customer Relation Officer Salary 1 - 8 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr 5% more
Sammaan Capital Limited Customer Relation Officer Salary 0 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 10% more
IIFL Finance Customer Relation Officer Salary 4 - 14 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 28% more
Satin Creditcare Network Customer Relation Officer Salary 1 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.6 L/yr 6% less
CreditAccess Grameen Customer Relation Officer Salary 1 - 6 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 1% less
Bajaj Finance Customer Relation Officer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹3.9 L/yr 8% more
Sundaram Finance Customer Relation Officer Salary 0 - 20 years exp. (4 salaries)	₹2.8 L/yr - ₹4.6 L/yr 77% more
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Muthoot Microfin Customer Relation Officer Salary 0 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹3 L/yr 4% less
L&T Finance Customer Relation Officer Salary 2 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹3 L/yr 8% less

Customer Relation Officer salary at Mahindra Finance ranges between ₹1.6 Lakh to ₹3.2 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Customer Relation Officer salaries

Last Updated: 22 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.8 L/yr
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5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
9 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr

View all

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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

Senior Business Executive in Port Blair

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

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....

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.

Customer Associate in Warangal

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.

Salary - Bad

+6 more

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

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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 Customer Relation Officer Salary FAQs

What is the salary of Customer Relation Officer at Mahindra Finance ?

The average salary of a Customer Relation Officer at Mahindra Finance in India typically ranges from ₹1.6 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Customer Relation Officer at Mahindra Finance earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Customer Relation Officer 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 6 Mahindra Finance employees in India.

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

The estimated take-home salary of a Customer Relation Officer at Mahindra Finance in India typically ranges from ₹15,817 to ₹17,455 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 3 years to 10 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 6 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Customer Relation Officer in India?

Sundaram Finance	₹2.8 Lakhs to ₹4.6 Lakhs per year
Muthoot Finance	₹3.0 Lakhs to ₹3.4 Lakhs per year
IIFL Finance	₹1.2 Lakhs to ₹5.0 Lakhs per year
SMFG India Credit	₹1.4 Lakhs to ₹3.8 Lakhs per year
Sammaan Capital Limited	₹2.2 Lakhs to ₹3.0 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 Customer Relation Officer in companies similar to Mahindra Finance in India?

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

Bajaj Finance	₹1.8 Lakhs to ₹3.9 Lakhs per year
Tata Capital Housing Finance	₹1.8 Lakhs to ₹2.9 Lakhs per year
Muthoot Fincorp	₹1.2 Lakhs to ₹3.0 Lakhs per year
CreditAccess Grameen	₹1.7 Lakhs to ₹3.0 Lakhs per year
Muthoot Microfin	₹1.7 Lakhs to ₹3.0 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 Customer Relation Officer at Mahindra Finance in India?

The salary growth for a Customer Relation Officer at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Customer Relation Officer can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
3 years	₹1.6 Lakhs to ₹3.9 Lakhs per year
4 years	₹0.9 Lakhs to ₹2.8 Lakhs per year
5 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
6 years	₹2.0 Lakhs to ₹4.1 Lakhs per year

and so on.

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Mahindra Finance Customer Relation Officer Salaries

Mahindra Finance Customer Relation Officer salary in India ranges between ₹1.6 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.