Mahindra Finance Finance Officer Salaries by 5 Employees (Updated 2024)

3 - 7 years exp.

₹3.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Finance Officer Salary in NBFC Companies for 3 - 7 years of experience

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Salaries in different departments

Finance & Accounting Finance Officer Salary 5 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Finance Officer Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 11 Nov 2024

Companies similar to Mahindra Finance for Finance Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Finance Officer Salary 1 - 5 years exp. (21 salaries)	₹1.2 L/yr - ₹3.6 L/yr 49% less
HDFC Bank Finance Officer Salary 1 - 4 years exp. (9 salaries)	₹2 L/yr - ₹3.5 L/yr 32% less
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Shriram Finance Finance Officer Salary 0 - 5 years exp. (7 salaries)	₹2 L/yr - ₹2.5 L/yr 45% less
L&T Finance Finance Officer Salary 0 - 4 years exp. (10 salaries)	₹1.5 L/yr - ₹3 L/yr 46% less
Cholamandalam Investment & Finance Finance Officer Salary 0 - 8 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 22% less
Bharat Financial Inclusion Finance Officer Salary 0 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 40% less
IIFL Finance Finance Officer Salary 2 - 8 years exp. (6 salaries)	₹2.1 L/yr - ₹3.9 L/yr 24% less
TVS Credit Finance Officer Salary 5 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr 24% less
Manappuram Finance Finance Officer Salary 0 - 13 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 8% less
Muthoot Microfin Finance Officer Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 47% less
Aavas Financiers Finance Officer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.1 L/yr 51% less
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SK Finance Limited Finance Officer Salary 1 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹3.4 L/yr 42% less
CreditAccess Grameen Finance Officer Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹4 L/yr 44% less
IDFC FIRST Bharat Finance Officer Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 46% less
Kotak Mahindra Prime Finance Officer Salary 1 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr 60% less
Mahindra Rural Housing Finance Finance Officer Salary 1 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 36% less
Poonawalla Fincorp Finance Officer Salary 4 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹4.3 L/yr 10% less

Finance Officer salary at Mahindra Finance ranges between ₹3.5 Lakhs to ₹5 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 Officer salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5 L/yr

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Salary related reviews for Mahindra Finance

4.4

Rated by 3 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.

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.

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..

Account Assistant in Tinsukia

Finance & Accounting Department

4.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

...ronment and culture, my teammates are supportive and activeness with management. Good company policies and appraisals are fair, Good salary.

Dislikes

Lots of politics in management, salary are not very much hike and its slow

Account Assistant in Mathura

Finance & Accounting Department

5.0

• posted on 12 Feb 2021

5.0

for Salary and Benefits

Likes

...actual performace. There are more apportunities specially for dedicate employee. they give good salary & performance pay during annual appraisal.

Dislikes

Office working time is not good. On the Probation period job trainning is not given by company.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Finance Officer Salary FAQs

What is the salary of Finance Officer at Mahindra Finance?

Finance Officer salary at Mahindra Finance in India ranges between ₹3.5 Lakhs to ₹5.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 18% less than the average Finance Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Finance Officer at Mahindra Finance is 18% less than the average salary of a Finance Officer in India. To know exact salary insights, login to view.

What is the salary of a Finance Officer in companies similar to Mahindra Finance in India?

Manappuram Finance Finance Officer Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
Poonawalla Fincorp Finance Officer Salary - ₹2.8 Lakhs to ₹4.3 Lakhs per year
Cholamandalam Investment & Finance Finance Officer Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
TVS Credit Finance Officer Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Finance Officer Salary - ₹2.1 Lakhs to ₹3.9 Lakhs per year

What is the estimated take home salary of a Finance Officer at Mahindra Finance in India?

The estimated take-home salary of a Finance Officer at Mahindra Finance ranges between ₹29,926 per month to ₹31,242 per month in India. The take-home salary calculation is based on the average Mahindra Finance Finance Officer salary in India which ranges between ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Finance Officer at Mahindra Finance?

According to AmbitionBox, 80% of the Mahindra Finance Finance Officers reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Finance Finance Officer Salaries

Mahindra Finance Finance Officer salary in India ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.