Mahindra Finance Softwaretest Engineer Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹4.2 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

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5% less than the average Softwaretest Engineer Salary in NBFC Companies for 1 - 6 years of experience

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Last Updated: 10 Feb 2025

Companies similar to Mahindra Finance for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Softwaretest Engineer Salary 0 - 4 years exp. (32 salaries)	Unlock ₹1.6 L/yr - ₹5.5 L/yr 43% less
HDFC Bank Softwaretest Engineer Salary 1 - 5 years exp. (34 salaries)	Unlock ₹3 L/yr - ₹9 L/yr 21% more
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L&T Finance Softwaretest Engineer Salary 3 - 8 years exp. (3 salaries)	Unlock ₹7.5 L/yr - ₹30 L/yr 243% more
Cholamandalam Investment & Finance Softwaretest Engineer Salary 2 - 4 years exp. (8 salaries)	Unlock ₹2 L/yr - ₹3.4 L/yr 53% less
Aditya Birla Capital Softwaretest Engineer Salary 0 - 4 years exp. (16 salaries)	Unlock ₹2 L/yr - ₹11 L/yr 21% more
Edelweiss Softwaretest Engineer Salary 0 - 5 years exp. (11 salaries)	Unlock ₹2.5 L/yr - ₹6.2 L/yr 27% less
Sammaan Capital Limited Softwaretest Engineer Salary 3 - 5 years exp. (6 salaries)	Unlock ₹3.8 L/yr - ₹7 L/yr 9% less
IIFL Finance Softwaretest Engineer Salary 1 - 4 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹5.6 L/yr 29% less
Bharat Financial Inclusion Softwaretest Engineer Salary 1 - 3 years exp. (4 salaries)	Unlock ₹1.5 L/yr - ₹21 L/yr 92% more
SMFG India Credit Softwaretest Engineer Salary 0 - 5 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹7.2 L/yr 15% less
LendingKart Softwaretest Engineer Salary 1 - 2 years exp. (3 salaries)	Unlock ₹3.7 L/yr - ₹7.2 L/yr 8% more
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Manappuram Finance Softwaretest Engineer Salary 0 - 3 years exp. (3 salaries)	Unlock ₹2.1 L/yr - ₹3.1 L/yr 53% less
Tata Capital Housing Finance Softwaretest Engineer Salary 1 - 2 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr 49% less

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Softwaretest Engineer salary at Mahindra Finance ranges between ₹4.2 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Softwaretest Engineer salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹6.3 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹5.3 L/yr - ₹9.7 L/yr
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3 years (3 salaries)	Unlock ₹4.2 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹5.8 L/yr

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Salary related reviews for Mahindra Finance

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

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

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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

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Mahindra Finance Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at Mahindra Finance?

Softwaretest Engineer salary at Mahindra Finance in India ranges between ₹4.2 Lakhs to ₹6.3 Lakhs for experience between 1 years to 6 years. According to our estimates it is 5% less than the average Softwaretest Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Softwaretest Engineer at Mahindra Finance is 5% less than the average salary of a Softwaretest Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Softwaretest Engineer in India?

L&T Finance Softwaretest Engineer Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
Bharat Financial Inclusion Softwaretest Engineer Salary - ₹1.5 Lakhs to ₹21.0 Lakhs per year
HDFC Bank Softwaretest Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Capital Softwaretest Engineer Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
LendingKart Softwaretest Engineer Salary - ₹3.7 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Softwaretest Engineer in companies similar to Mahindra Finance in India?

Sammaan Capital Limited Softwaretest Engineer Salary - ₹3.8 Lakhs to ₹7.0 Lakhs per year
SMFG India Credit Softwaretest Engineer Salary - ₹2.0 Lakhs to ₹7.2 Lakhs per year
Edelweiss Softwaretest Engineer Salary - ₹2.5 Lakhs to ₹6.2 Lakhs per year
IIFL Finance Softwaretest Engineer Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year
Bajaj Finance Softwaretest Engineer Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Softwaretest Engineer at Mahindra Finance ranges between ₹40,692 per month to ₹41,846 per month in India. The take-home salary calculation is based on the average Mahindra Finance Softwaretest Engineer salary in India which ranges between ₹4.2 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Softwaretest Engineer at Mahindra Finance?

According to AmbitionBox, 67% of the Mahindra Finance Softwaretest Engineers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Finance Softwaretest Engineer Salaries

Mahindra Finance Softwaretest Engineer salary in India ranges between ₹4.2 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.