Mahindra Finance Patna Finance Executive Salaries by 5 Employees

3 - 7 years exp.

₹2.2 Lakhs - ₹3.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% less than the average Finance Executive Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting Finance Executive Salary 3 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.2 L/yr
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Sales & Business Development Finance Executive Salary 7 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.7 L/yr

Last Updated: 14 Mar 2023

Companies similar to Mahindra Finance for Finance Executive in Patna

Mahindra Finance Finance Executive Salary

3 - 7 years exp. (5 salaries)

₹2.2 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TVS Credit Finance Executive Salary 1 - 7 years exp. (3 salaries)	₹1 L/yr - ₹4 L/yr 11% less
L&T Finance Finance Executive Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 26% less
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Cholamandalam Investment & Finance Finance Executive Salary 2 - 8 years exp. (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr 15% less
ITC Finance Executive Salary 9 - 13 years exp. (8 salaries)	₹6.5 L/yr - ₹10 L/yr 167% more	2 job openings
Bandhan Bank Finance Executive Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹4.5 L/yr 13% less

Finance Executive salary at Mahindra Finance ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Finance Executive salaries in Patna

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Mahindra Finance

Branch Accounts Manager Salary

(6 salaries)

₹3 L/yr - ₹5.3 L/yr

Executive Accountant Salary

(5 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Accountant Salary

(4 salaries)

₹2.5 L/yr - ₹4.95 L/yr

Account Assistant Salary

(4 salaries)

₹2.15 L/yr - ₹3 L/yr

Senior Collection Executive Salary

(4 salaries)

₹2.5 L/yr - ₹4.47 L/yr

Branch Accountant Salary

(3 salaries)

₹3.7 L/yr - ₹5.91 L/yr

Salary related reviews for Mahindra Finance

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.

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.

Job security - Bad

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

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 more

see more salary related reviews

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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 Finance Executive Salary FAQs

What is the salary of Finance Executive at Mahindra Finance in Patna?

The average salary of a Finance Executive at Mahindra Finance in Patna typically ranges from ₹2.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Finance Executive in Patna at Mahindra Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Finance Executive 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 5 Mahindra Finance employees in India.

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

The estimated take-home salary of a Finance Executive at Mahindra Finance in Patna typically ranges from ₹22,149 to ₹23,630 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 3 years to 7 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 5 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 Finance Executive in India?

ITC	₹6.5 Lakhs to ₹10.0 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 Finance Executive in companies similar to Mahindra Finance in Patna?

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

TVS Credit	₹1.0 Lakhs to ₹4.0 Lakhs per year
Bandhan Bank	₹2.0 Lakhs to ₹4.5 Lakhs per year
Cholamandalam Investment & Finance	₹1.5 Lakhs to ₹3.2 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹2.4 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 Finance Executive at Mahindra Finance in Patna?

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

Experience	Average Salary Range
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Mahindra Finance Finance Executive Salaries in Patna

Mahindra Finance Finance Executive salary in Patna ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.