Mahindra Finance Senior Accountant Salaries by 6 Employees (Updated 2024)

3 - 12 years exp.

₹3.5 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Senior Accountant Salary in NBFC Companies for 3 - 12 years of experience

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Last Updated: 21 Nov 2024

Companies similar to Mahindra Finance for Senior Accountant

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Accountant Salary 5 - 30 years exp. (3 salaries)	₹8 L/yr - ₹14 L/yr 127% more
HDFC Bank Senior Accountant Salary 1 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹8.4 L/yr 19% more
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Shriram Finance Senior Accountant Salary 3 - 11 years exp. (8 salaries)	₹2 L/yr - ₹5.5 L/yr 27% less
L&T Finance Senior Accountant Salary 5 - 10 years exp. (3 salaries)	₹2 L/yr - ₹7 L/yr 20% less
Sammaan Capital Limited Senior Accountant Salary 3 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.6 L/yr 15% less
IIFL Finance Senior Accountant Salary 1 - 3 years exp. (7 salaries)	₹2.1 L/yr - ₹4 L/yr 31% less
Poonawalla Fincorp Senior Accountant Salary 8 - 12 years exp. (7 salaries)	₹2.5 L/yr - ₹3.6 L/yr 34% less
Manappuram Finance Senior Accountant Salary 1 - 4 years exp. (5 salaries)	₹1.1 L/yr - ₹2.5 L/yr 62% less
TVS Credit Senior Accountant Salary 4 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹12 L/yr 13% more
Sundaram Finance Senior Accountant Salary 2 - 29 years exp. (4 salaries)	₹3.2 L/yr - ₹6 L/yr 5% less

Senior Accountant salary at Mahindra Finance ranges between ₹3.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Senior Accountant salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.7 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.9 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.2 L/yr

View all

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Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

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.

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.

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.

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.

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

Dislikes

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

Branch Accountant in Shivpuri

Finance & Accounting Department

4.0

• posted on 10 Aug 2021

3.0

for Salary and Benefits

Likes

no I am working last 3 year may package start 250000 on Aug 2018 but currently my package 300000 Growth only 50000 in 3 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 lot of politics and the management doesn’t address our issues. Salary is our main issue. On the job training is not given to new joinees

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Senior Accountant Salary FAQs

What is the salary of Senior Accountant at Mahindra Finance?

Senior Accountant salary at Mahindra Finance in India ranges between ₹3.5 Lakhs to ₹5.2 Lakhs for experience between 3 years to 12 years. According to our estimates it is 16% less than the average Senior Accountant 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 Senior Accountant at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Senior Accountant at Mahindra Finance is 16% less than the average salary of a Senior Accountant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Senior Accountant in India?

Bajaj Finance Senior Accountant Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Senior Accountant Salary - ₹3.1 Lakhs to ₹8.4 Lakhs per year
TVS Credit Senior Accountant Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Senior Accountant in companies similar to Mahindra Finance in India?

Sundaram Finance Senior Accountant Salary - ₹3.2 Lakhs to ₹6.0 Lakhs per year
Sammaan Capital Limited Senior Accountant Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year
L&T Finance Senior Accountant Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Shriram Finance Senior Accountant Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
IIFL Finance Senior Accountant Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Senior Accountant at Mahindra Finance in India?

The estimated take-home salary of a Senior Accountant at Mahindra Finance ranges between ₹33,989 per month to ₹35,244 per month in India. The take-home salary calculation is based on the average Mahindra Finance Senior Accountant salary in India which ranges between ₹3.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Senior Accountant at Mahindra Finance?

According to AmbitionBox, 75% of the Mahindra Finance Senior Accountant s reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Senior Accountant Salaries

Mahindra Finance Senior Accountant salary in India ranges between ₹3.5 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.