Mahindra Finance Manager-F&A Salaries by 4 Employees (Updated 2025)

15 - 19 years exp.

₹11.9 Lakhs - ₹14.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (97%)

₹12.4 Lakhs

Variable (3%)

₹0.3 Lakh

16% less than the average Manager-F&A Salary in NBFC Companies for 15 - 19 years of experience

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Last Updated: 31 Aug 2024

Companies similar to Mahindra Finance for Manager-F&A

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager-F&A Salary 0 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12 L/yr 37% less
HDFC Bank Manager-F&A Salary 4 - 21 years exp. (4 salaries)	₹4 L/yr - ₹10 L/yr 45% less
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L&T Finance Manager-F&A Salary 1 - 12 years exp. (3 salaries)	₹10.5 L/yr - ₹11.7 L/yr 14% less
Muthoot Finance Manager-F&A Salary 3 - 15 years exp. (4 salaries)	₹4.5 L/yr - ₹5 L/yr 63% less
Manappuram Finance Manager-F&A Salary 7 - 11 years exp. (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr 61% less
Muthoot Fincorp Manager-F&A Salary 0 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹10 L/yr 50% less

Manager-F&A salary at Mahindra Finance ranges between ₹11.9 Lakhs to ₹14.5 Lakhs per year for employees with experience between 15 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Manager-F&A salaries

Last Updated: 31 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹11.9 L/yr - ₹14.5 L/yr
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Salary related reviews for Mahindra Finance

Credit Manager in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

Salary - Poor

+6 more

Accounts Associate in Bikramganj

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 May 2023

1.0

for Salary and Benefits

Likes

There is nothing to like in Mahindra finance.

Dislikes

Work culture is very bad.Office also open on Sunday, salary is very low,there is lack of corporate culture,company is understaff,there is no proper infrastructure.

Salary - Bad

+4 more

Credit Manager in Mumbai

BFSI, Investments & Trading Department

2.0

• posted on 28 Jun 2022

1.0

for Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

Salary - Bad

+4 more

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

Credit Manager in Sinnar

BFSI, Investments & Trading Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

Salary - Excellent

+5 more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Finance Manager-F&A Salary FAQs

What is the salary of Manager-F&A at Mahindra Finance?

Manager-F&A salary at Mahindra Finance in India ranges between ₹11.9 Lakhs to ₹14.5 Lakhs for experience between 15 years to 19 years. According to our estimates it is 16% less than the average Manager-F&A 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 Manager-F&A at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Manager-F&A at Mahindra Finance is 16% less than the average salary of a Manager-F&A in India. To know exact salary insights, login to view.

What is the salary of a Manager-F&A in companies similar to Mahindra Finance in India?

L&T Finance Manager-F&A Salary - ₹10.5 Lakhs to ₹11.7 Lakhs per year
Bajaj Finance Manager-F&A Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Manager-F&A Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Muthoot Fincorp Manager-F&A Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Manappuram Finance Manager-F&A Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Manager-F&A at Mahindra Finance in India?

The estimated take-home salary of a Manager-F&A at Mahindra Finance ranges between ₹90,175 per month to ₹92,545 per month in India. The take-home salary calculation is based on the average Mahindra Finance Manager-F&A salary in India which ranges between ₹11.9 Lakhs to ₹14.5 Lakhs per year for employees with experience between 15 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager-F&A at Mahindra Finance?

According to AmbitionBox, 60% of the Mahindra Finance Manager-F&As reported a notice period of 3 Months, 40% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Finance Manager-F&A Salaries

Mahindra Finance Manager-F&A salary in India ranges between ₹11.9 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.