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Mahindra Finance

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Mahindra Finance Executive Accountant salaries in India (Updated 2025)

Annual salary range
2 - 9 years exp.
₹1.7 Lakh - ₹5.3 Lakhs
Salary of majority employees
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5% more than the average Executive Accountant Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Executive Accountant Salary
2 - 9 years exp. (57 salaries)
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₹2 L/yr - ₹5.3 L/yr

BFSI, Investments & Trading
Executive Accountant Salary
2 - 9 years exp. (10 salaries)
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₹1.7 L/yr - ₹4.6 L/yr

Last Updated: 15 Mar 2025

Companies similar to Mahindra Finance for Executive Accountant

Company name Avg Annual Salary Open Jobs
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Muthoot Finance Executive Accountant Salary

1 - 8 years exp. (276 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 20% less
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Shriram Finance Executive Accountant Salary

0 - 8 years exp. (210 salaries)

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₹1.2 L/yr - ₹4.1 L/yr

arrow icon 29% less
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 29% less
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₹1.8 L/yr - ₹7.5 L/yr

arrow icon 17% more
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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 39% less
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₹1.2 L/yr - ₹3 L/yr

arrow icon 37% less
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SMFG India Credit Executive Accountant Salary

1 - 6 years exp. (27 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 3% less
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IIFL Finance Executive Accountant Salary

0 - 4 years exp. (17 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 19% less
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Muthoot Fincorp Executive Accountant Salary

1 - 6 years exp. (17 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 45% less
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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 9% less
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Ess Kay Fincorp Executive Accountant Salary

1 - 6 years exp. (16 salaries)

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₹1.4 L/yr - ₹2.5 L/yr

arrow icon 42% less
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L&T Finance Executive Accountant Salary

0 - 7 years exp. (13 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 18% less
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LendingKart Executive Accountant Salary

0 - 8 years exp. (12 salaries)

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₹3 L/yr - ₹4.1 L/yr

arrow icon 2% less
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Aavas Financiers Executive Accountant Salary

1 - 6 years exp. (10 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 28% less
1 job opening
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Bajaj Finance Executive Accountant Salary

0 - 4 years exp. (9 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 19% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 30% less
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₹1.6 L/yr - ₹3.7 L/yr

arrow icon 34% less
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₹1.3 L/yr - ₹4.4 L/yr

arrow icon 19% less
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Muthoot Microfin Executive Accountant Salary

1 - 8 years exp. (7 salaries)

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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 46% less
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₹1.7 L/yr - ₹3 L/yr

arrow icon 34% less
View all
Executive Accountant salary at Mahindra Finance ranges between ₹1.7 Lakh to ₹5.3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 77 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Executive Accountant

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Experience wise Mahindra Finance Executive Accountant salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
2 years  (15 salaries)

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₹1.7 L/yr - ₹3.3 L/yr
3 years  (16 salaries)

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₹1.8 L/yr - ₹4.2 L/yr
4 years  (9 salaries)

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₹2.1 L/yr - ₹3.5 L/yr
5 years  (11 salaries)

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₹2 L/yr - ₹4.6 L/yr
6 years  (7 salaries)

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₹2.5 L/yr - ₹5.3 L/yr
View all

Similar Designation salaries in Mahindra Finance

Branch Accountant Salary
(188 salaries)
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₹2 L/yr - ₹7 L/yr
Finance Executive Salary
(161 salaries)
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₹1.6 L/yr - ₹4.8 L/yr
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₹2.3 L/yr - ₹5.5 L/yr
Account Assistant Salary
(120 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
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₹2.8 L/yr - ₹7 L/yr
Credit Manager Salary
(91 salaries)
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₹2.7 L/yr - ₹12.98 L/yr
Accountant Salary
(82 salaries)
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₹1.2 L/yr - ₹5.25 L/yr
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₹1.44 L/yr - ₹3.15 L/yr
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₹1.6 L/yr - ₹3.4 L/yr
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₹2.5 L/yr - ₹6.1 L/yr

Salary related reviews for Mahindra Finance

3.8

Rated by 13 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 May 2023

1.0
 for  Salary and Benefits

Likes

There is nothing to like in Mahindra finance.

Dislikes

Work culture is very bad.Office also open on Sunday, salary is very low,there is lack of corporate culture,company is understaff,there is no proper infrastructure.

read more
  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

  • Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

read more
  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 01 May 2022

4.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

read more
  • Salary - Good
  • +3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

read more
  • Job security - Bad

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

read more
  • Salary - Excellent
  • +5 more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

read more
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Mahindra Finance Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Mahindra Finance ?
The average salary of a Executive Accountant at Mahindra Finance in India typically ranges from ₹1.7 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Executive Accountant at Mahindra Finance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Executive Accountant 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 70+ Mahindra Finance employees in India.
What is the estimated take home salary of a Executive Accountant at Mahindra Finance in India?
The estimated take-home salary of a Executive Accountant at Mahindra Finance in India typically ranges from ₹25,759 to ₹27,186 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 2 years to 9 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 70+ 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 Executive Accountant in India?
Sammaan Capital Limited ₹3.0 Lakhs to ₹6.5 Lakhs per year
Bharat Financial Inclusion ₹1.8 Lakhs to ₹7.5 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 Executive Accountant in companies similar to Mahindra Finance in India?
The salary of a Executive Accountant at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LendingKart ₹3.0 Lakhs to ₹4.1 Lakhs per year
SMFG India Credit ₹2.2 Lakhs to ₹4.3 Lakhs per year
Sundaram Finance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Manappuram Finance ₹1.8 Lakhs to ₹4.5 Lakhs per year
John Deere Financial ₹3.0 Lakhs to ₹3.1 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 Executive Accountant at Mahindra Finance in India?
The salary growth for a Executive Accountant at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Executive Accountant can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
2 years ₹1.7 Lakhs to ₹3.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.2 Lakhs per year
4 years ₹2.1 Lakhs to ₹3.5 Lakhs per year
5 years ₹2.0 Lakhs to ₹4.6 Lakhs per year
and so on.

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Mahindra Finance Executive Accountant salary in India ranges between ₹1.7 Lakh to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 77 Mahindra Finance latest salaries received from various employees of Mahindra Finance.