Mahindra Finance Faizabad Salaries by 30+ Employees (Updated 2025)

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Finance & Accounting

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 3 - 9 years exp. · Faizabad (4 salaries)	₹4.5 L/yr - ₹6.3 L/yr	1 job opening
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Accounts Associate 3 - 5 years exp. · Faizabad (4 salaries)	₹1.8 L/yr - ₹3 L/yr
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Associate Accountant 2 - 5 years exp. · Faizabad (4 salaries)	₹2 L/yr - ₹2.7 L/yr
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Branch Accountant 6 - 8 years exp. · Faizabad (3 salaries)	₹2.6 L/yr - ₹5.8 L/yr
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Recovery Officer 5 - 8 years exp. · Faizabad (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr
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Branch Accounts Head 5 - 8 years exp. · Faizabad (3 salaries)	₹2.5 L/yr - ₹4 L/yr
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Back Office Executive 0 - 6 years exp. · Faizabad (3 salaries)	₹2.3 L/yr - ₹3.1 L/yr
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Business Development Executive 3 - 6 years exp. · Faizabad (AmbitionBox Estimate)	₹2 L/yr - ₹4.2 L/yr
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Area Sales Manager 9 - 11 years exp. · Faizabad (AmbitionBox Estimate)	₹7 L/yr - ₹10.4 L/yr	1 job opening
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Branch Accounts Manager 8 - 10 years exp. · Faizabad (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.3 L/yr
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Customer Relationship Executive 4 years exp. · Faizabad (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Finishing Manager 15 years exp. · Faizabad (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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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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Salary related reviews for Mahindra Finance

2.6

Rated by 7 employees for salary & benefits

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

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

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.

Salary - Excellent

+5 more

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.

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....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

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Mahindra Finance interview questions by designations

Sales Executive (6)Business Executive (5)Collections Executive (5)Area Collection Manager (4)

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Know more about Mahindra Finance Faizabad

Mahindra Finance Salary FAQs

How much does Mahindra Finance pay to its employees?

The average annual salary at Mahindra Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Mahindra Finance, are as follows:

Deputy Manager	₹4.5 Lakhs to ₹6.3 Lakhs per year
Accounts Associate	₹1.8 Lakhs to ₹3 Lakhs per year
Associate Accountant	₹2 Lakhs to ₹2.7 Lakhs per year
Branch Accountant	₹2.6 Lakhs to ₹5.8 Lakhs per year

The highest-paying role, Marketing Head, earns between ₹90 Lakhs to ₹98 Lakhs per year. The top 10% of employees earn more than ₹14.9 Lakhs per year, and the top 1% earn over ₹46 Lakhs per year. 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 salary estimates are based on data from 32 salaries submitted by Mahindra Finance employees. Mahindra Finance is rated 2.6 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Mahindra Finance in Faizabad?

The salary of a fresher at Mahindra Finance in Faizabad typically ranges from ₹1.8 Lakh to ₹13.4 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Cashier Salary	₹1.8 Lakhs to ₹3.2 Lakhs per year
Fresher as a Deputy Manager Salary	₹6 Lakhs to ₹10 Lakhs per year
Fresher as a Management Trainee Salary	₹6 Lakhs to ₹13.4 Lakhs per year
Fresher as a Business Executive Salary	₹1.5 Lakhs to ₹3.1 Lakhs per year

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Average annual salary in Mahindra Finance , Faizabad is INR . Salary estimates are based on 30+ Mahindra Finance latest salaries received from various employees of Mahindra Finance.