Mahindra Finance Senior Associate Salaries by 5 Employees (Updated 2025)

4 - 10 years exp.

₹7.1 Lakhs - ₹9.7 Lakhs

Low Confidence

Salary of majority employees

Unlock

9% less than the average Senior Associate Salary in NBFC Companies for 4 - 10 years of experience

Interested in this particular role?

Last Updated: 13 Apr 2024

Companies similar to Mahindra Finance for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Associate Salary 4 - 9 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹2.8 L/yr 71% less
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	Unlock ₹1.7 L/yr - ₹9 L/yr 33% less
Login to view exact salary
Shriram Finance Senior Associate Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.3 L/yr 67% less
L&T Finance Senior Associate Salary 1 - 10 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 38% less
Cholamandalam Investment & Finance Senior Associate Salary 1 - 8 years exp. (36 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 67% less
Muthoot Finance Senior Associate Salary 5 - 12 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹4 L/yr 62% less
Aditya Birla Capital Senior Associate Salary 4 - 7 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹5.9 L/yr 56% less
Edelweiss Senior Associate Salary 2 - 8 years exp. (39 salaries)	Unlock ₹14.9 L/yr - ₹28.6 L/yr 94% more
Sammaan Capital Limited Senior Associate Salary 2 - 6 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹3.2 L/yr 66% less
Sundaram Finance Senior Associate Salary 2 - 9 years exp. (41 salaries)	Unlock ₹1.6 L/yr - ₹4 L/yr 64% less
CreditAccess Grameen Senior Associate Salary 0 - 10 years exp. (17 salaries)	Unlock ₹1.1 L/yr - ₹3.4 L/yr 72% less
Login to view exact salary
LendingKart Senior Associate Salary 3 - 7 years exp. (11 salaries)	Unlock ₹3.4 L/yr - ₹7 L/yr 42% less
Manappuram Finance Senior Associate Salary 1 - 3 years exp. (6 salaries)	Unlock ₹2.3 L/yr - ₹3.6 L/yr 65% less
PNB Housing Finance Senior Associate Salary 2 - 6 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹4.5 L/yr 50% less
TVS Credit Senior Associate Salary 3 - 6 years exp. (5 salaries)	Unlock ₹1.2 L/yr - ₹3.2 L/yr 80% less
Tata Capital Housing Finance Senior Associate Salary 4 - 7 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹5 L/yr 56% less
Poonawalla Fincorp Senior Associate Salary 3 - 7 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹4.5 L/yr 53% less
Kotak Mahindra Prime Senior Associate Salary 2 - 3 years exp. (3 salaries)	Unlock ₹2.9 L/yr - ₹3.6 L/yr 62% less
SMFG India Credit Senior Associate Salary 4 - 5 years exp. (3 salaries)	Unlock ₹3.8 L/yr - ₹4.4 L/yr 51% less

Senior Associate salary at Mahindra Finance ranges between ₹7.1 Lakhs to ₹9.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Senior Associate salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹14.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹7.6 L/yr - ₹9.7 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹15.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹10.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹10.8 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹17.4 L/yr

View all

Similar Designation salaries in Mahindra Finance

Senior Engineer Salary

(3 salaries)

Unlock

₹10 L/yr - ₹38 L/yr

Senior Consultant Salary

(4 salaries)

Unlock

₹0.4 L/yr - ₹1.2 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

Unlock

₹19.8 L/yr - ₹25.3 L/yr

Team Lead Salary

(36 salaries)

Unlock

₹2.2 L/yr - ₹5.5 L/yr

System Engineer Salary

(4 salaries)

Unlock

₹2.4 L/yr - ₹8.44 L/yr

Web Developer Salary

(AmbitionBox Estimate)

Unlock

₹2.7 L/yr - ₹3.5 L/yr

Technical Lead Salary

(3 salaries)

Unlock

₹13.01 L/yr - ₹18.5 L/yr

Software Engineer Salary

(9 salaries)

Unlock

₹3 L/yr - ₹7.62 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

Unlock

₹7.7 L/yr - ₹9.8 L/yr

Senior Software Engineer Salary

(5 salaries)

Unlock

₹6.2 L/yr - ₹12.5 L/yr

Salary related reviews for Mahindra Finance

2.0

Rated by 1 employees for salary & benefits

Senior Engineer in Aurangaba Maharashtra

Technical Department

4.0

• posted on 25 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

Salary - Good

+1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

Job security - Poor

+3 more

Area Business Manager in Hyderabad / Secunderabad

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.

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.

Senior Business Executive in Port Blair

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

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....

Area Business Manager in Kanpur

Full Time

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

Salary - Poor

+2 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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... read more

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Senior Associate Salary FAQs

What is the salary of Senior Associate at Mahindra Finance?

Senior Associate salary at Mahindra Finance in India ranges between ₹7.1 Lakhs to ₹9.7 Lakhs for experience between 4 years to 10 years. According to our estimates it is 9% less than the average Senior Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Senior Associate at Mahindra Finance is 9% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

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

Edelweiss Senior Associate Salary - ₹14.9 Lakhs to ₹28.6 Lakhs per year

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

HDFC Bank Senior Associate Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
L&T Finance Senior Associate Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
LendingKart Senior Associate Salary - ₹3.4 Lakhs to ₹7.0 Lakhs per year
PNB Housing Finance Senior Associate Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit Senior Associate Salary - ₹3.8 Lakhs to ₹4.4 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Mahindra Finance ranges between ₹61,626 per month to ₹63,189 per month in India. The take-home salary calculation is based on the average Mahindra Finance Senior Associate salary in India which ranges between ₹7.1 Lakhs to ₹9.7 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra Finance Senior Associates reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Senior Associate Salaries

Mahindra Finance Senior Associate salary in India ranges between ₹7.1 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.