Mahindra Finance Mumbai Senior Software Engineer Salaries by 2 Employees

4 - 5 years exp.

₹8.5 Lakhs - ₹10.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 13 Oct 2023

Companies similar to Mahindra Finance for Senior Software Engineer in Mumbai

Mahindra Finance Senior Software Engineer Salary

4 - 5 years exp. (AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Senior Software Engineer Salary 5 - 10 years exp. (37 salaries)	₹6 L/yr - ₹17.8 L/yr 30% more
Shriram Finance Senior Software Engineer Salary 3 - 4 years exp. (4 salaries)	₹4.5 L/yr - ₹8.5 L/yr 32% less
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L&T Finance Senior Software Engineer Salary 6 - 8 years exp. (3 salaries)	₹16 L/yr - ₹16.2 L/yr 72% more
Sammaan Capital Limited Senior Software Engineer Salary 7 - 9 years exp. (3 salaries)	₹16.5 L/yr - ₹22 L/yr 107% more
Bajaj Finance Senior Software Engineer Salary 4 - 5 years exp. (3 salaries)	₹13.5 L/yr - ₹20.9 L/yr 62% more	4 job openings

Senior Software Engineer salary at Mahindra Finance ranges between ₹8.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Finance.

Similar Designation salaries in Mahindra Finance

Software Developer Salary

(13 salaries)

₹2.9 L/yr - ₹12 L/yr

Software Engineer Salary

(5 salaries)

₹4 L/yr - ₹7.76 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Senior Software Engineer Salary FAQs

How the salary growth look like for a Senior Software Engineer at Mahindra Finance in Mumbai?

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

Experience	Average Salary Range
4 years	₹5.7 Lakhs to ₹7.2 Lakhs per year
5 years	₹11.3 Lakhs to ₹14.4 Lakhs per year

and so on.

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Mahindra Finance Senior Software Engineer Salaries in Mumbai

Mahindra Finance Senior Software Engineer salary in Mumbai ranges between ₹8.5 Lakhs to ₹10.8 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.