Mahindra Finance Relationship Officer Salaries by 6 Employees (Updated 2025)

1 - 7 years exp.

₹2.8 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Relationship Officer Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3 L/yr
Finance & Accounting Relationship Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr
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Sales & Business Development Relationship Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

Last Updated: 4 Oct 2024

Companies similar to Mahindra Finance for Relationship Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Relationship Officer Salary 0 - 7 years exp. (31 salaries)	₹1.3 L/yr - ₹3.5 L/yr 10% less
HDFC Bank Relationship Officer Salary 0 - 7 years exp. (833 salaries)	₹1.1 L/yr - ₹6 L/yr 6% less
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Shriram Finance Relationship Officer Salary 0 - 5 years exp. (57 salaries)	₹1.8 L/yr - ₹3.2 L/yr 8% less
L&T Finance Relationship Officer Salary 0 - 8 years exp. (17 salaries)	₹1.8 L/yr - ₹2.5 L/yr 26% less
Cholamandalam Investment & Finance Relationship Officer Salary 0 - 8 years exp. (10 salaries)	₹1.8 L/yr - ₹3.1 L/yr 11% less
Muthoot Finance Relationship Officer Salary 0 - 6 years exp. (89 salaries)	₹1.3 L/yr - ₹4.5 L/yr 4% more
Aditya Birla Capital Relationship Officer Salary 0 - 6 years exp. (175 salaries)	₹2 L/yr - ₹4 L/yr 4% more
Reliance Capital Relationship Officer Salary 0 - 12 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr 51% more
Edelweiss Relationship Officer Salary 0 - 6 years exp. (39 salaries)	₹2.2 L/yr - ₹3.4 L/yr 3% less
Sammaan Capital Limited Relationship Officer Salary 1 - 8 years exp. (55 salaries)	₹1.8 L/yr - ₹4 L/yr 7% less
HDB Financial Services Relationship Officer Salary 0 - 5 years exp. (829 salaries)	₹1.2 L/yr - ₹4.5 L/yr 18% less
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PNB Housing Finance Relationship Officer Salary 0 - 7 years exp. (181 salaries)	₹1.6 L/yr - ₹4.1 L/yr At par
Aavas Financiers Relationship Officer Salary 0 - 6 years exp. (362 salaries)	₹1.1 L/yr - ₹3.6 L/yr 18% less	10 job openings
Muthoot Microfin Relationship Officer Salary 0 - 4 years exp. (215 salaries)	₹1.3 L/yr - ₹3.5 L/yr 16% less
Manappuram Finance Relationship Officer Salary 0 - 5 years exp. (165 salaries)	₹1.5 L/yr - ₹4 L/yr 4% less
IDFC FIRST Bharat Relationship Officer Salary 0 - 5 years exp. (123 salaries)	₹1.4 L/yr - ₹4 L/yr 21% less
SMFG India Credit Relationship Officer Salary 2 - 7 years exp. (91 salaries)	₹1 L/yr - ₹4.7 L/yr At par
TVS Credit Relationship Officer Salary 1 - 7 years exp. (84 salaries)	₹1.8 L/yr - ₹3.9 L/yr 8% more
Capri Global Capital Relationship Officer Salary 0 - 6 years exp. (78 salaries)	₹1.5 L/yr - ₹3.7 L/yr 11% less
Muthoot Fincorp Relationship Officer Salary 0 - 7 years exp. (72 salaries)	₹1.1 L/yr - ₹3.3 L/yr 20% less	3 job openings

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Relationship Officer salary at Mahindra Finance ranges between ₹2.8 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Relationship Officer salaries

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr

View all

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Top skills at Mahindra Finance for Relationship Officer

Customer Satisfaction Customer Engagement Key Accounts

Salary related reviews for Mahindra Finance

5.0

Rated by 2 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.

Relationship Manager in Chandigarh

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.

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.

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

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.

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Finance Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Mahindra Finance?

Relationship Officer salary at Mahindra Finance in India ranges between ₹2.8 Lakhs to ₹3.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% more than the average Relationship Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Relationship Officer at Mahindra Finance is 1% more than the average salary of a Relationship Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Officer at Mahindra Finance?

Customer Satisfaction, Customer Engagement and Key Accounts are some of the popular skills required to work as a Relationship Officer at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Relationship Officer in India?

Reliance Capital Relationship Officer Salary - ₹1.0 Lakhs to ₹8.8 Lakhs per year
TVS Credit Relationship Officer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year
IIFL Finance Relationship Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Tata Capital Housing Finance Relationship Officer Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year
Aditya Birla Capital Relationship Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

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

Muthoot Finance Relationship Officer Salary - ₹1.3 Lakhs to ₹4.5 Lakhs per year
SK Finance Limited Relationship Officer Salary - ₹2.1 Lakhs to ₹5.1 Lakhs per year
PNB Housing Finance Relationship Officer Salary - ₹1.6 Lakhs to ₹4.1 Lakhs per year
SMFG India Credit Relationship Officer Salary - ₹1.0 Lakhs to ₹4.7 Lakhs per year
Edelweiss Relationship Officer Salary - ₹2.2 Lakhs to ₹3.4 Lakhs per year

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

The estimated take-home salary of a Relationship Officer at Mahindra Finance ranges between ₹20,982 per month to ₹22,630 per month in India. The take-home salary calculation is based on the average Mahindra Finance Relationship Officer salary in India which ranges between ₹2.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra Finance Relationship Officers 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 Relationship Officer Salaries

Mahindra Finance Relationship Officer salary in India ranges between ₹2.8 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.