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Mahindra Finance

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Mahindra Finance Operations Associate salaries in India

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹2.7 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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34% less than the average Operations Associate Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Associate Salary
1 - 6 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.7 L/yr

Customer Success, Service & Operations
Operations Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Operations Associate

Company name Avg Annual Salary Open Jobs
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LendingKart Operations Associate Salary

2 - 6 years exp. (16 salaries)

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₹2.4 L/yr - ₹3.8 L/yr

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₹2.2 L/yr - ₹3.1 L/yr

arrow icon 11% more
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₹2 L/yr - ₹3 L/yr

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 9% less
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Shriram Finance Operations Associate Salary

1 - 3 years exp. (5 salaries)

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₹1.7 L/yr - ₹3.2 L/yr

arrow icon 8% less
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Sundaram Finance Operations Associate Salary

0 - 7 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

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IIFL Finance Operations Associate Salary

5 - 10 years exp. (4 salaries)

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₹2.4 L/yr - ₹4.2 L/yr

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₹1.4 L/yr - ₹2.7 L/yr

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₹1.1 L/yr - ₹4.5 L/yr

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Muthoot Finance Operations Associate Salary

2 - 8 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 35% more
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Bajaj Finance Operations Associate Salary

1 - 2 years exp. (4 salaries)

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₹1.5 L/yr - ₹2 L/yr

arrow icon 22% less
Operations Associate salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹2.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Operations Associate

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Experience wise Mahindra Finance Operations Associate salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
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Similar Designation salaries in Mahindra Finance

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₹7.13 L/yr - ₹9.66 L/yr
Operations Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.3 L/yr - ₹8.22 L/yr
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₹1.8 L/yr - ₹4.2 L/yr
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₹2 L/yr - ₹8.1 L/yr
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₹2.2 L/yr - ₹6 L/yr
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₹1.87 L/yr - ₹3 L/yr
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₹3 L/yr - ₹6.2 L/yr
Senior Officer Salary
(5 salaries)
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₹3.42 L/yr - ₹4.62 L/yr
Supervisor Salary
(4 salaries)
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₹2 L/yr - ₹3.7 L/yr

Top skills at Mahindra Finance for Operations Associate

Problem Solving Communication Skills Collaboration

Salary related reviews for Mahindra Finance

4.2

Rated by 3 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

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..

read more
  • Salary - Excellent
  • +6 more

Dislikes

Only salary package..

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

 · 

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

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  • 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 Operations Associate Salary FAQs

What is the salary of Operations Associate at Mahindra Finance ?
The average salary of a Operations Associate at Mahindra Finance in India typically ranges from ₹1.8 Lakhs to ₹2.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Operations Associate at Mahindra Finance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Operations Associate 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 6 Mahindra Finance employees in India.
What is the estimated take home salary of a Operations Associate at Mahindra Finance in India?
The estimated take-home salary of a Operations Associate at Mahindra Finance in India typically ranges from ₹16,379 to ₹18,066 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from 1 year to 6 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 6 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 Operations Associate at Mahindra Finance ?
To be a Operations Associate at Mahindra Finance in india, the key skills required include:

  • - Problem Solving
  • - Communication Skills
  • - Collaboration

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 Operations Associate in India?
IIFL Finance ₹2.4 Lakhs to ₹4.2 Lakhs per year
LendingKart ₹2.4 Lakhs to ₹3.8 Lakhs per year
Muthoot Finance ₹2.4 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime ₹2.2 Lakhs to ₹3.1 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 Operations Associate in companies similar to Mahindra Finance in India?
The salary of a Operations Associate at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹2.0 Lakhs to ₹3.0 Lakhs per year
Sundaram Finance ₹1.8 Lakhs to ₹2.5 Lakhs per year
Shriram Finance ₹1.7 Lakhs to ₹3.2 Lakhs per year
Five-Star Business Finance ₹1.5 Lakhs to ₹3.2 Lakhs per year
Spandana Sphoorty Financial ₹1.1 Lakhs to ₹4.5 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 Operations Associate at Mahindra Finance in India?
The salary growth for a Operations Associate at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹3.9 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years ₹0.9 Lakhs to ₹2.6 Lakhs per year
4 years ₹2.3 Lakhs to ₹2.6 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Operations Associate salary in India ranges between ₹1.8 Lakh to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.