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Mahindra Finance

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra Finance HR Generalist salaries in India

Annual salary range
1 - 9 years exp.
₹2.6 Lakhs - ₹5.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (100%)
₹3.6 Lakhs
Variable (0%)
₹0.0
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27% less than the average HR Generalist Salary in NBFC Companies for 1 - 9 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Mahindra Finance for HR Generalist

Company name Avg Annual Salary Open Jobs
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HDB Financial Services HR Generalist Salary

2 - 9 years exp. (9 salaries)

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₹2.1 L/yr - ₹4.2 L/yr

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IIFL Finance HR Generalist Salary

1 - 4 years exp. (4 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 27% less
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₹2.7 L/yr - ₹2.8 L/yr

arrow icon 24% less
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Ess Kay Fincorp HR Generalist Salary

2 - 5 years exp. (4 salaries)

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₹2.6 L/yr - ₹3.5 L/yr

arrow icon 21% less
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Shriram Finance HR Generalist Salary

1 - 14 years exp. (4 salaries)

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₹2 L/yr - ₹9.5 L/yr

arrow icon 60% more
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Muthoot Finance HR Generalist Salary

2 - 7 years exp. (4 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 8% more
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₹4.2 L/yr - ₹6 L/yr

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Asirvad Microfinance HR Generalist Salary

4 - 6 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.3 L/yr

arrow icon 7% more
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L&T Finance HR Generalist Salary

1 - 4 years exp. (3 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 12% more
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Sammaan Capital Limited HR Generalist Salary

1 - 13 years exp. (3 salaries)

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₹2.8 L/yr - ₹20 L/yr

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SMFG India Credit HR Generalist Salary

3 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 12% more
HR Generalist salary at Mahindra Finance ranges between ₹2.6 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance HR Generalist

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6 years exp.
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6 years exp.
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9 years exp.
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1 year exp.

Experience wise Mahindra Finance HR Generalist salaries

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in Mahindra Finance

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₹5 L/yr - ₹12 L/yr
HR Manager Salary
(47 salaries)
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₹7 L/yr - ₹20 L/yr
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₹4.5 L/yr - ₹8.9 L/yr
HR Executive Salary
(18 salaries)
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₹1.3 L/yr - ₹4 L/yr
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₹2 L/yr - ₹4.2 L/yr
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₹7 L/yr - ₹14.5 L/yr
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₹9 L/yr - ₹31.8 L/yr
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₹4.15 L/yr - ₹4.6 L/yr
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₹7.3 L/yr - ₹11.5 L/yr
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₹5.05 L/yr - ₹5.55 L/yr

Top skills at Mahindra Finance for HR Generalist

Exit Interviews Onboarding Employee Grievances Employee Engagement Induction Background Verification

Salary related reviews for Mahindra Finance

2.0

Rated by 1 employees for salary & benefits

Human Resources Department

3.0
  •  posted on 22 May 2022

3.0
 for  Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

  • Job security - Excellent

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

read more
  • Skill development - Bad
  • +2 more

Human Resources Department

4.0
  •  posted on 25 Mar 2021

3.0
 for  Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

read more
  • Skill development - Good
  • +4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

read more

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

read more
  • Salary - Bad
  • +4 more

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.

read more
  • 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.

read more

Full Time

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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

read more
  • 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....

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Mahindra Finance HR Generalist Salary FAQs

What is the salary of HR Generalist at Mahindra Finance ?
The average salary of a HR Generalist at Mahindra Finance in India typically ranges from ₹2.6 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of HR Generalist at Mahindra Finance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. HR Generalist 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 4 Mahindra Finance employees in India.
What is the estimated take home salary of a HR Generalist at Mahindra Finance in India?
The estimated take-home salary of a HR Generalist at Mahindra Finance in India typically ranges from ₹26,144 to ₹27,566 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 9 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 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a HR Generalist at Mahindra Finance ?
To be a HR Generalist at Mahindra Finance in india, the key skills required include:

  • - Exit Interviews
  • - Onboarding
  • - Employee Grievances
  • - Employee Engagement
  • - Induction

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Finance for HR Generalist in India?
Sammaan Capital Limited ₹2.8 Lakhs to ₹20.0 Lakhs per year
Shriram Finance ₹2.0 Lakhs to ₹9.5 Lakhs per year
Satin Creditcare Network ₹4.2 Lakhs to ₹6.0 Lakhs per year
L&T Finance ₹2.5 Lakhs to ₹5.0 Lakhs per year
SMFG India Credit ₹3.0 Lakhs to ₹4.5 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 HR Generalist in companies similar to Mahindra Finance in India?
The salary of a HR Generalist at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance ₹2.8 Lakhs to ₹7.0 Lakhs per year
Asirvad Microfinance ₹3.6 Lakhs to ₹4.3 Lakhs per year
HDB Financial Services ₹2.1 Lakhs to ₹4.2 Lakhs per year
Ess Kay Fincorp ₹2.6 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance ₹2.7 Lakhs to ₹2.8 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 HR Generalist at Mahindra Finance in India?
The salary growth for a HR Generalist at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a HR Generalist can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
1 year ₹2.8 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance HR Generalist salary in India ranges between ₹2.6 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.