Mahindra Finance Mumbai Executive Salaries by 9 Employees (Updated 2025)

2 - 7 years exp.

₹2.8 Lakhs - ₹4.3 Lakhs

Salary of majority employees

23% less than the average Executive Salary in NBFC Companies for 2 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Executive Salary 2 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.3 L/yr
BFSI, Investments & Trading Executive Salary 5 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4 L/yr

Last Updated: 28 Feb 2024

Companies similar to Mahindra Finance for Executive in Mumbai

Mahindra Finance Executive Salary

2 - 7 years exp. (9 salaries)

₹2.8 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Executive Salary 0 - 6 years exp. (77 salaries)	₹1.2 L/yr - ₹5 L/yr 22% less
Bajaj Finance Executive Salary 1 - 4 years exp. (5 salaries)	₹1.4 L/yr - ₹3.2 L/yr 23% less
Login to view exact salary
ICICI Bank Executive Salary 0 - 8 years exp. (28 salaries)	₹0.7 L/yr - ₹4.8 L/yr 21% less
Axis Bank Executive Salary 0 - 5 years exp. (103 salaries)	₹1.3 L/yr - ₹4.1 L/yr 28% less
Kotak Mahindra Bank Executive Salary 1 - 6 years exp. (38 salaries)	₹1.7 L/yr - ₹3.5 L/yr 26% less
Shriram Finance Executive Salary 0 - 8 years exp. (47 salaries)	₹1.6 L/yr - ₹4 L/yr 17% less
HDB Financial Services Executive Salary 0 - 6 years exp. (34 salaries)	₹1.3 L/yr - ₹3.5 L/yr 38% less	4 job openings
Edelweiss Executive Salary 0 - 10 years exp. (32 salaries)	₹1.5 L/yr - ₹7 L/yr 14% less
SMFG India Credit Executive Salary 1 - 8 years exp. (16 salaries)	₹2.2 L/yr - ₹3.6 L/yr 25% less
Aditya Birla Capital Executive Salary 2 - 5 years exp. (10 salaries)	₹2 L/yr - ₹4.1 L/yr 15% less
L&T Finance Executive Salary 0 - 5 years exp. (10 salaries)	₹1.9 L/yr - ₹2.7 L/yr 41% less
Login to view exact salary
Capri Global Capital Executive Salary 0 - 3 years exp. (9 salaries)	₹2 L/yr - ₹3.4 L/yr 26% less
IIFL Finance Executive Salary 1 - 3 years exp. (7 salaries)	₹1.5 L/yr - ₹3.3 L/yr 27% less
Mahindra Rural Housing Finance Executive Salary 0 - 7 years exp. (7 salaries)	₹2.2 L/yr - ₹7 L/yr 10% more
Reliance Capital Executive Salary 2 - 5 years exp. (4 salaries)	₹1.4 L/yr - ₹2.6 L/yr 31% less
Sammaan Capital Limited Executive Salary 0 - 6 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 35% less

Executive salary at Mahindra Finance ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Executive salaries in Mumbai

Last Updated: 28 Feb 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹3 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.9 L/yr

View all

From

Executive

₹

Lakhs/yr

1 - 8 years exp.

Divisional Manager

₹

Lakhs/yr

10 - 23 years exp.

Executive 1 - 8 years exp.

Branch Manager 3 - 14 years exp.

62% hike

Area Collection Manager 7 - 17 years exp.

28% hike

From

4 more levels

Executive

1 - 8 years exp.

Senior Manager

4 - 14 years exp.

View 1 more career path

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(65 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Senior Officer Salary

(5 salaries)

₹3.1 L/yr - ₹4.1 L/yr

Top skills at Mahindra Finance for Executive

Collections Sales Business Development Customer Handling Collection Management

Salary related reviews for Mahindra Finance

2.0

Rated by 1 employees for salary & benefits

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.

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Dislikes

Only salary package..

Senior Engineer in Aurangaba Maharashtra

Technical Department

4.0

• posted on 25 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Circle Head in Kolkata

Full Time

Strategic & Top Management Department

3.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Earlier it used to be Culture and company policies. But since the management has changed it’s a pathetic situation. Old employees at senior level of 22+ years in the organisation has also been sacked.

Dislikes

No work life balance Low salary growth for existing employees Weak management Poor policy

see more salary related reviews

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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 Salary FAQs

What is the salary of Executive at Mahindra Finance Mumbai?

Executive salary at Mahindra Finance in Mumbai ranges between ₹2.8 Lakhs to ₹4.3 Lakhs for experience between 2 years to 7 years. According to our estimates it is 23% less than the average Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Executive at Mahindra Finance is 23% less than the average salary of a Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Executive at Mahindra Finance?

Collections, Sales, Business Development, Customer Handling and Collection Management are some of the popular skills required to work as a Executive at Mahindra Finance Mumbai.

Which similar companies are paying more than Mahindra Finance to a Executive in Mumbai?

Mahindra Rural Housing Finance Executive Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year

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

Edelweiss Executive Salary - ₹1.5 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Capital Executive Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
Shriram Finance Executive Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
ICICI Bank Executive Salary - ₹0.7 Lakhs to ₹4.8 Lakhs per year
HDFC Bank Executive Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Executive at Mahindra Finance ranges between ₹25,831 per month to ₹27,257 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Executive salary in India which ranges between ₹2.8 Lakhs to ₹4.3 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Mahindra Finance Executives in Mumbai reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Mahindra Finance Executive Salaries in Mumbai

Mahindra Finance Executive salary in Mumbai ranges between ₹2.8 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra Finance latest salaries received from various employees of Mahindra Finance.