Mahindra Finance Mumbai Executive Accountant Salaries by 10+ Employees (Updated 2025)

4 - 9 years exp.

₹2.1 Lakhs - ₹5.3 Lakhs

Salary of majority employees

19% more than the average Executive Accountant Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting Executive Accountant Salary 4 - 8 years exp. (14 salaries)	₹2.1 L/yr - ₹5.3 L/yr
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BFSI, Investments & Trading Executive Accountant Salary 9 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 18 Aug 2024

Companies similar to Mahindra Finance for Executive Accountant in Mumbai

Mahindra Finance Executive Accountant Salary

4 - 9 years exp. (16 salaries)

₹2.1 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Executive Accountant Salary 2 - 7 years exp. (12 salaries)	₹1.9 L/yr - ₹4.5 L/yr 35% less
Shriram Finance Executive Accountant Salary 1 - 8 years exp. (23 salaries)	₹1.5 L/yr - ₹4.1 L/yr 40% less
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L&T Finance Executive Accountant Salary 0 - 7 years exp. (7 salaries)	₹2.1 L/yr - ₹4.1 L/yr 28% less
Muthoot Finance Executive Accountant Salary 1 - 8 years exp. (16 salaries)	₹2 L/yr - ₹3.5 L/yr 34% less
Aditya Birla Capital Executive Accountant Salary 1 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹4.2 L/yr 32% less
Reliance Capital Executive Accountant Salary 0 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹3 L/yr 36% less
Edelweiss Executive Accountant Salary 1 - 11 years exp. (9 salaries)	₹2 L/yr - ₹6.3 L/yr 22% less
SMFG India Credit Executive Accountant Salary 1 - 5 years exp. (15 salaries)	₹2.6 L/yr - ₹4.1 L/yr 15% less
Mahindra Rural Housing Finance Executive Accountant Salary 2 - 7 years exp. (13 salaries)	₹2.1 L/yr - ₹3.2 L/yr 36% less
HDB Financial Services Executive Accountant Salary 1 - 6 years exp. (13 salaries)	₹1.6 L/yr - ₹3.1 L/yr 50% less
IIFL Finance Executive Accountant Salary 2 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 29% less
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Executive Accountant salary at Mahindra Finance ranges between ₹2.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Executive Accountant salaries in Mumbai

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
4 years (5 salaries)	₹2.1 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.5 L/yr
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6 years (3 salaries)	₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.9 L/yr
8 years (3 salaries)	₹2.5 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Mahindra Finance

Credit Manager Salary

(8 salaries)

₹4.7 L/yr - ₹12.65 L/yr

Account Assistant Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Finance Executive Salary

(3 salaries)

₹3 L/yr - ₹4.4 L/yr

Accounts Associate Salary

(3 salaries)

₹1.7 L/yr - ₹2.65 L/yr

Salary related reviews for Mahindra Finance

5.0

Rated by 2 employees for salary & benefits

Credit Manager in Chennai

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.,

Accounts Associate in Bikramganj

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.

Credit Manager in Mumbai

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.

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.

Finance Executive in Haryana ,Rohtak

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.

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.

Credit Manager in Sinnar

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

Dislikes

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Finance Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Mahindra Finance Mumbai?

Executive Accountant salary at Mahindra Finance in Mumbai ranges between ₹2.1 Lakhs to ₹5.3 Lakhs for experience between 4 years to 9 years. According to our estimates it is 19% more than the average Executive Accountant Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Finance Mumbai.

How does the salary of a Executive Accountant at Mahindra Finance Mumbai compare with the average salary range for this job?

The average salary of a Executive Accountant at Mahindra Finance is 19% more than the average salary of a Executive Accountant in Mumbai. To know exact salary insights, login to view.

What is the salary of a Executive Accountant in companies similar to Mahindra Finance in Mumbai?

SMFG India Credit Executive Accountant Salary - ₹2.6 Lakhs to ₹4.1 Lakhs per year
Edelweiss Executive Accountant Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
L&T Finance Executive Accountant Salary - ₹2.1 Lakhs to ₹4.1 Lakhs per year
IIFL Finance Executive Accountant Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Aditya Birla Capital Executive Accountant Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Executive Accountant at Mahindra Finance in Mumbai?

The estimated take-home salary of a Executive Accountant at Mahindra Finance ranges between ₹31,363 per month to ₹32,656 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Executive Accountant salary in India which ranges between ₹2.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Executive Accountant at Mahindra Finance in Mumbai?

According to AmbitionBox, 83% of the Mahindra Finance Executive Accountants in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra Finance Executive Accountant Salaries in Mumbai

Mahindra Finance Executive Accountant salary in Mumbai ranges between ₹2.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Mahindra Finance latest salaries received from various employees of Mahindra Finance.