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Mahindra Finance IT Engineer salaries in India

Annual salary range
1 - 6 years exp.
₹1.6 Lakh - ₹3.8 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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49% less than the average IT Engineer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
IT Engineer Salary
1 - 4 years exp. (3 salaries)
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₹1.6 L/yr - ₹2.6 L/yr

Customer Success, Service & Operations
IT Engineer Salary
6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.2 L/yr

Last Updated: 17 Mar 2023

Companies similar to Mahindra Finance for IT Engineer

Company name Avg Annual Salary Open Jobs
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Bajaj Finance IT Engineer Salary

2 - 5 years exp. (3 salaries)

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₹3.5 L/yr - ₹6 L/yr

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HDFC Bank IT Engineer Salary

1 - 2 years exp. (3 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 15% more
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IIFL Finance IT Engineer Salary

1 - 7 years exp. (4 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 64% more
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SMFG India Credit IT Engineer Salary

1 - 9 years exp. (3 salaries)

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₹1.8 L/yr - ₹16.6 L/yr

arrow icon 178% more
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TCS IT Engineer Salary

1 - 10 years exp. (204 salaries)

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₹1.6 L/yr - ₹10.2 L/yr

arrow icon 140% more
IT Engineer salary at Mahindra Finance ranges between ₹1.6 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance IT Engineer

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6 years exp.
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4 years exp.
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3 years exp.

Experience wise Mahindra Finance IT Engineer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in Mahindra Finance

IT Manager Salary
(33 salaries)
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₹5 L/yr - ₹17.77 L/yr
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₹5.5 L/yr - ₹9.8 L/yr
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₹2 L/yr - ₹5 L/yr
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₹3.5 L/yr - ₹8 L/yr
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₹2.4 L/yr - ₹5 L/yr
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₹2.3 L/yr - ₹4 L/yr
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₹1.95 L/yr - ₹3.1 L/yr
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₹2.7 L/yr - ₹4.5 L/yr
IT Executive Salary
(6 salaries)
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₹2.65 L/yr - ₹3.7 L/yr
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₹3 L/yr - ₹4.5 L/yr

Salary related reviews for Mahindra Finance

5.0

Rated by 1 employees for salary & benefits

Engineering - Hardware & Networks Department

5.0
  •  posted on 09 Jan 2019

3.0
 for  Salary and Benefits

Likes

Has per working in mahindra and mahindra financial services work place is good and excellent learing skills and development is excellent about information technology learning is more and more in this sectors and have more improvement

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Overall Good salary increments is little is average growing is also average

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.

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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.

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Dislikes

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

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  • Salary - Poor
  • +5 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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Full Time

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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

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  • Salary - Poor
  • +2 more
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Mahindra Finance IT Engineer Salary FAQs

What is the salary of IT Engineer at Mahindra Finance?
IT Engineer salary at Mahindra Finance in India ranges between ₹1.6 Lakhs to ₹3.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 49% less than the average IT Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a IT Engineer at Mahindra Finance India compare with the average salary range for this job?
The average salary of a IT Engineer at Mahindra Finance is 49% less than the average salary of a IT Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a IT Engineer in India?
  • SMFG India Credit IT Engineer Salary - ₹1.8 Lakhs to ₹16.6 Lakhs per year
  • TCS IT Engineer Salary - ₹1.6 Lakhs to ₹10.2 Lakhs per year
  • Bajaj Finance IT Engineer Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • IIFL Finance IT Engineer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • HDFC Bank IT Engineer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a IT Engineer at Mahindra Finance in India?
The estimated take-home salary of a IT Engineer at Mahindra Finance ranges between ₹17,660 per month to ₹19,358 per month in India. The take-home salary calculation is based on the average Mahindra Finance IT Engineer salary in India which ranges between ₹1.6 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Mahindra Finance IT Engineer salary in India ranges between ₹1.6 Lakh to ₹3.8 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.