Mahindra Finance Senior Software Engineer Salaries by 5 Employees

3 - 5 years exp.

₹6.2 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Senior Software Engineer Salary in NBFC Companies for 3 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Software Engineer Salary 3 - 5 years exp. (4 salaries)	₹6.2 L/yr - ₹12.5 L/yr
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IT & Information Security Senior Software Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 13 Oct 2023

Companies similar to Mahindra Finance for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Software Engineer Salary 0 - 6 years exp. (118 salaries)	₹6.5 L/yr - ₹22.5 L/yr 75% more	17 job openings
LendingKart Senior Software Engineer Salary 2 - 6 years exp. (48 salaries)	₹10 L/yr - ₹38 L/yr 185% more
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IIFL Finance Senior Software Engineer Salary 5 - 10 years exp. (44 salaries)	₹5.2 L/yr - ₹17.8 L/yr 56% more
Sammaan Capital Limited Senior Software Engineer Salary 5 - 10 years exp. (24 salaries)	₹5.1 L/yr - ₹18.1 L/yr 40% more
L&T Finance Senior Software Engineer Salary 3 - 9 years exp. (17 salaries)	₹8 L/yr - ₹28 L/yr 118% more
Capri Global Capital Senior Software Engineer Salary 3 - 7 years exp. (15 salaries)	₹14 L/yr - ₹35 L/yr 234% more
TVS Credit Senior Software Engineer Salary 5 - 8 years exp. (9 salaries)	₹5.1 L/yr - ₹14.5 L/yr 10% more
John Deere Financial Senior Software Engineer Salary 2 - 6 years exp. (8 salaries)	₹10 L/yr - ₹17 L/yr 104% more
Shriram Finance Senior Software Engineer Salary 3 - 4 years exp. (8 salaries)	₹4.4 L/yr - ₹10 L/yr 17% less
Bharat Financial Inclusion Senior Software Engineer Salary 3 - 7 years exp. (6 salaries)	₹7.5 L/yr - ₹14.4 L/yr 49% more
Satin Creditcare Network Senior Software Engineer Salary 5 - 6 years exp. (5 salaries)	₹9.5 L/yr - ₹25 L/yr 117% more	1 job opening
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Muthoot Fincorp Senior Software Engineer Salary 2 - 5 years exp. (4 salaries)	₹13 L/yr - ₹30 L/yr 160% more
HDB Financial Services Senior Software Engineer Salary 5 - 9 years exp. (4 salaries)	₹17 L/yr - ₹30 L/yr 176% more
Kotak Mahindra Prime Senior Software Engineer Salary 6 years exp. (3 salaries)	₹12.5 L/yr - ₹16 L/yr 96% more
Muthoot Microfin Senior Software Engineer Salary 4 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹14 L/yr 38% more
SMFG India Credit Senior Software Engineer Salary 3 - 12 years exp. (3 salaries)	₹6 L/yr - ₹20 L/yr 40% more
Poonawalla Fincorp Senior Software Engineer Salary 7 - 12 years exp. (3 salaries)	₹13 L/yr - ₹24.2 L/yr 123% more

Senior Software Engineer salary at Mahindra Finance ranges between ₹6.2 Lakhs to ₹12.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Senior Software Engineer salaries

Last Updated: 13 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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5 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr

Similar Designation salaries in Mahindra Finance

Senior Software Developer Salary

(5 salaries)

₹6.6 L/yr - ₹15.9 L/yr

Software Engineer Salary

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₹3 L/yr - ₹7.62 L/yr

Senior Engineer Salary

(3 salaries)

₹10 L/yr - ₹38 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

System Engineer Salary

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₹2.4 L/yr - ₹8.44 L/yr

Software Developer Salary

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₹2.9 L/yr - ₹10.84 L/yr

Senior Associate Salary

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₹7.13 L/yr - ₹9.66 L/yr

Senior Consultant Salary

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₹0.4 L/yr - ₹1.2 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salesforce Developer Salary

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₹7.7 L/yr - ₹9.8 L/yr

Salary related reviews for Mahindra Finance

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

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 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

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at Mahindra Finance ?

The average salary of a Senior Software Engineer at Mahindra Finance in India typically ranges from ₹6.2 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Senior Software Engineer at Mahindra Finance earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Senior Software Engineer 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 5 Mahindra Finance employees in India.

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

The estimated take-home salary of a Senior Software Engineer at Mahindra Finance in India typically ranges from ₹57,693 to ₹59,145 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Senior Software Engineer in India?

Capri Global Capital	₹14.0 Lakhs to ₹35.0 Lakhs per year
LendingKart	₹10.0 Lakhs to ₹38.0 Lakhs per year
HDB Financial Services	₹17.0 Lakhs to ₹30.0 Lakhs per year
Muthoot Fincorp	₹13.0 Lakhs to ₹30.0 Lakhs per year
Poonawalla Fincorp	₹13.0 Lakhs to ₹24.2 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 Senior Software Engineer in companies similar to Mahindra Finance in India?

The salary of a Senior Software Engineer at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Finance	₹8.0 Lakhs to ₹28.0 Lakhs per year
Satin Creditcare Network	₹9.5 Lakhs to ₹25.0 Lakhs per year
John Deere Financial	₹10.0 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Prime	₹12.5 Lakhs to ₹16.0 Lakhs per year
Bajaj Finance	₹6.5 Lakhs to ₹22.5 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 Senior Software Engineer at Mahindra Finance in India?

The salary growth for a Senior Software Engineer at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
3 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
4 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
5 years	₹8.7 Lakhs to ₹11.1 Lakhs per year

and so on.

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Mahindra Finance Senior Software Engineer Salaries

Mahindra Finance Senior Software Engineer salary in India ranges between ₹6.2 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.