Mahindra Finance Customer Service Associate Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1.9 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Customer Service Associate Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Customer Service Associate Salary 1 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr
Finance & Accounting Customer Service Associate Salary 3 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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Product Management Customer Service Associate Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr
Sales & Business Development Customer Service Associate Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr
Marketing & Communication Customer Service Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr

Last Updated: 5 Apr 2025

Companies similar to Mahindra Finance for Customer Service Associate

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Customer Service Associate Salary 0 - 5 years exp. (23 salaries)	₹1.5 L/yr - ₹3 L/yr 11% less
SMFG India Credit Customer Service Associate Salary 1 - 6 years exp. (15 salaries)	₹2.4 L/yr - ₹3.2 L/yr 27% more
Login to view exact salary
Sammaan Capital Limited Customer Service Associate Salary 0 - 5 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 13% more
Muthoot Fincorp Customer Service Associate Salary 1 - 3 years exp. (8 salaries)	₹1.3 L/yr - ₹2.7 L/yr 18% less
IIFL Finance Customer Service Associate Salary 0 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹3 L/yr 10% less
Bajaj Finance Customer Service Associate Salary 1 - 2 years exp. (6 salaries)	₹1 L/yr - ₹2 L/yr 28% less
Muthoot Finance Customer Service Associate Salary 0 - 3 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr 8% less
Sundaram Finance Customer Service Associate Salary 0 - 5 years exp. (4 salaries)	₹1.3 L/yr - ₹2.5 L/yr 15% less
L&T Finance Customer Service Associate Salary 0 - 5 years exp. (3 salaries)	₹1.7 L/yr - ₹2.9 L/yr 12% less
Poonawalla Fincorp Customer Service Associate Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 50% more

Customer Service Associate salary at Mahindra Finance ranges between ₹1.9 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Customer Service Associate

1d ago

₹2.4 Lakhs

6 years exp.

2w ago

₹2.7 Lakhs

4 years exp.

3w ago

₹2.5 Lakhs

3 years exp.

1mo ago

₹2.7 Lakhs

3 years exp.

3mo ago

₹3 Lakhs

3 years exp.

6mo ago

2 years exp.

9mo ago

5 years exp.

9mo ago

3 years exp.

1y ago

5 years exp.

1y ago

2 years exp.

Experience wise Mahindra Finance Customer Service Associate salaries

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (3 salaries)	₹1.9 L/yr - ₹2.7 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (4 salaries)	₹1.9 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
5 years (3 salaries)	₹2.2 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

View all

Similar Designation salaries in Mahindra Finance

Customer Support Associate Salary

(4 salaries)

₹1.88 L/yr - ₹3 L/yr

Customer Service Officer Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Customer Service Executive Salary

(15 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Customer Service Manager Salary

(32 salaries)

₹1.75 L/yr - ₹4.6 L/yr

Customer Service Representative Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Customer Support Executive Salary

(5 salaries)

₹2 L/yr - ₹2.77 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹8.1 L/yr

Senior Customer Service Executive Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Top skills at Mahindra Finance for Customer Service Associate

Sales

Salary related reviews for Mahindra Finance

3.5

Rated by 8 employees for salary & benefits

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

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.

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.

Salary - Bad

+6 more

Customer Relationship Manager in Bangalore / Bengaluru

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

Promotions - Poor

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

see more salary related reviews

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Top trending discussions

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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 Service Associate Salary FAQs

What is the salary of Customer Service Associate at Mahindra Finance ?

The average salary of a Customer Service Associate at Mahindra Finance in India typically ranges from ₹1.9 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Customer Service Associate at Mahindra Finance earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Customer Service 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 10+ Mahindra Finance employees in India.

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

The estimated take-home salary of a Customer Service Associate at Mahindra Finance in India typically ranges from ₹16,404 to ₹18,093 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 10+ 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 Service Associate at Mahindra Finance ?

Sales is a popular skill required to work as a Customer Service Associate at Mahindra Finance.

Which companies offer higher salaries than Mahindra Finance for Customer Service Associate in India?

Poonawalla Fincorp	₹3.0 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit	₹2.4 Lakhs to ₹3.2 Lakhs per year
Sammaan Capital Limited	₹2.1 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 Service Associate in companies similar to Mahindra Finance in India?

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

Muthoot Finance	₹2.0 Lakhs to ₹2.7 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹1.5 Lakhs to ₹3.0 Lakhs per year
L&T Finance	₹1.7 Lakhs to ₹2.9 Lakhs per year
Sundaram Finance	₹1.3 Lakhs to ₹2.5 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 Service Associate at Mahindra Finance in India?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹1.9 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹1.9 Lakhs to ₹3.0 Lakhs per year

and so on.

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Mahindra Finance Customer Service Associate Salaries

Mahindra Finance Customer Service Associate salary in India ranges between ₹1.9 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Customer Service Associate salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Customer Service Associate

Latest annual salaries shared by Mahindra Finance Customer Service Associate

Experience wise Mahindra Finance Customer Service Associate salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Customer Service Associate

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Deputy Manager in Mumbai

Relationship Manager in Chandigarh

Customer Relationship Manager in Bangalore / Bengaluru

Sales Executive in Derabassi

Mahindra Finance Customer Service Associate Salary FAQs

Tell us how to improve this page.

Mahindra Finance Customer Service Associate Salaries by Location