Mahindra Finance Team Lead Operations Salaries by 7 Employees

5 - 10 years exp.

₹2.6 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Team Lead Operations Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations Team Lead Operations Salary 8 - 10 years exp. (3 salaries)	₹3.8 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Team Lead Operations Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.1 L/yr
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Finance & Accounting Team Lead Operations Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr

Last Updated: 9 Jun 2024

Companies similar to Mahindra Finance for Team Lead Operations

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Team Lead Operations Salary 2 - 10 years exp. (58 salaries)	₹2 L/yr - ₹4.7 L/yr 5% less
Poonawalla Fincorp Team Lead Operations Salary 5 - 17 years exp. (6 salaries)	₹5 L/yr - ₹6.4 L/yr 54% more
Login to view exact salary
IIFL Finance Team Lead Operations Salary 2 - 12 years exp. (5 salaries)	₹1.5 L/yr - ₹5.5 L/yr 5% less
Ess Kay Fincorp Team Lead Operations Salary 4 - 6 years exp. (5 salaries)	₹2.7 L/yr - ₹3.2 L/yr 25% less
SK Finance Limited Team Lead Operations Salary 5 - 11 years exp. (5 salaries)	₹2.7 L/yr - ₹3.1 L/yr 24% less
L&T Finance Team Lead Operations Salary 2 - 7 years exp. (5 salaries)	₹2 L/yr - ₹7.8 L/yr 8% less
SMFG India Credit Team Lead Operations Salary 7 - 13 years exp. (5 salaries)	₹3.6 L/yr - ₹4.8 L/yr 9% more
Shriram Finance Team Lead Operations Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.3 L/yr 16% less
Sundaram Finance Team Lead Operations Salary 2 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 22% less
TVS Credit Team Lead Operations Salary 2 - 10 years exp. (3 salaries)	₹2.1 L/yr - ₹4 L/yr 20% less

Team Lead Operations salary at Mahindra Finance ranges between ₹2.6 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Team Lead Operations salaries

Last Updated: 9 Jun 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
9 years (3 salaries)	₹1.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.4 L/yr

View all

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₹5 L/yr - ₹6.4 L/yr

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₹1.8 L/yr - ₹2.3 L/yr

IT Service Manager Salary

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₹10.4 L/yr - ₹13.2 L/yr

Process Manager Operations Salary

(AmbitionBox Estimate)

₹11.4 L/yr - ₹14.6 L/yr

Manager Customer Service Operations Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Collection Team Leader Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Team Leader Accounts Payable Salary

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₹5.2 L/yr - ₹6.7 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 3 employees for salary & benefits

Team Lead Operations in Haldwani

Full Time

CSR & Social Service Department

4.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

We had done the work of our understanding to the company, never asked for low salary, now I regret why I gave my time here

Salary - Good

+1 more

Dislikes

I gave my whole life to the company and the company has placed me somewhere today. I did not find the management of the company right at all, I do my own thing.

Job security - Poor

+2 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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Shifting from Bangalore to Hyderabad

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 Team Lead Operations Salary FAQs

What is the salary of Team Lead Operations at Mahindra Finance ?

The average salary of a Team Lead Operations at Mahindra Finance in India typically ranges from ₹2.6 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Team Lead Operations at Mahindra Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Team Lead Operations 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 7 Mahindra Finance employees in India.

What is the estimated take home salary of a Team Lead Operations at Mahindra Finance in India?

The estimated take-home salary of a Team Lead Operations at Mahindra Finance in India typically ranges from ₹28,271 to ₹29,661 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 5 years to 10 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 7 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 Team Lead Operations in India?

Poonawalla Fincorp	₹5.0 Lakhs to ₹6.4 Lakhs per year
SMFG India Credit	₹3.6 Lakhs to ₹4.8 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 Team Lead Operations in companies similar to Mahindra Finance in India?

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

IIFL Finance	₹1.5 Lakhs to ₹5.5 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹4.7 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹7.8 Lakhs per year
Shriram Finance	₹2.2 Lakhs to ₹3.3 Lakhs per year
TVS Credit	₹2.1 Lakhs to ₹4.0 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 Team Lead Operations at Mahindra Finance in India?

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

Experience	Average Salary Range
5 years	₹2.5 Lakhs to ₹6.2 Lakhs per year
6 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
7 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
8 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Mahindra Finance Team Lead Operations Salaries

Mahindra Finance Team Lead Operations salary in India ranges between ₹2.6 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.