Mahindra Finance Vice President Salaries by 6 Employees (Updated 2025)

12 - 25 years exp.

₹34 Lakhs - ₹50 Lakhs

Low Confidence

Salary of majority employees

At par with the average Vice President Salary in NBFC Companies for 12 - 25 years of experience

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Last Updated: 12 Mar 2025

Companies similar to Mahindra Finance for Vice President

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Vice President Salary 12 - 17 years exp. (5 salaries)	₹25.6 L/yr - ₹50 L/yr 27% less
HDFC Bank Vice President Salary 13 - 25 years exp. (302 salaries)	₹27 L/yr - ₹69 L/yr 4% more	1 job opening
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Shriram Finance Vice President Salary 12 - 25 years exp. (6 salaries)	₹30 L/yr - ₹41 L/yr 21% less
Aditya Birla Capital Vice President Salary 20 - 31 years exp. (7 salaries)	₹65 L/yr - ₹1 Cr/yr 92% more
Reliance Capital Vice President Salary 15 - 25 years exp. (3 salaries)	₹30 L/yr - ₹75 L/yr 4% more
Edelweiss Vice President Salary 11 - 20 years exp. (71 salaries)	₹19.5 L/yr - ₹64.8 L/yr 19% less
Sammaan Capital Limited Vice President Salary 9 - 31 years exp. (3 salaries)	₹45.4 L/yr - ₹76 L/yr 11% more
SMFG India Credit Vice President Salary 11 - 21 years exp. (57 salaries)	₹25 L/yr - ₹56 L/yr 19% less
IIFL Finance Vice President Salary 8 - 23 years exp. (42 salaries)	₹18 L/yr - ₹50.5 L/yr 20% less
Poonawalla Fincorp Vice President Salary 12 - 22 years exp. (14 salaries)	₹33 L/yr - ₹94 L/yr 34% more
Spandana Sphoorty Financial Vice President Salary 9 - 18 years exp. (9 salaries)	₹18 L/yr - ₹36 L/yr 36% less
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Satin Creditcare Network Vice President Salary 14 - 20 years exp. (8 salaries)	₹33 L/yr - ₹58 L/yr 3% less
Capri Global Capital Vice President Salary 13 - 22 years exp. (7 salaries)	₹28 L/yr - ₹60 L/yr 3% less
Aavas Financiers Vice President Salary 16 - 27 years exp. (6 salaries)	₹25.5 L/yr - ₹60 L/yr 15% less
Muthoot Fincorp Vice President Salary 14 - 21 years exp. (5 salaries)	₹36 L/yr - ₹61 L/yr 2% less
Bharat Financial Inclusion Vice President Salary 20 - 24 years exp. (5 salaries)	₹38 L/yr - ₹54 L/yr 7% more	2 job openings
Kotak Mahindra Prime Vice President Salary 12 - 30 years exp. (5 salaries)	₹22 L/yr - ₹35 L/yr 38% less
HDB Financial Services Vice President Salary 13 - 21 years exp. (4 salaries)	₹35 L/yr - ₹50 L/yr 8% less

Vice President salary at Mahindra Finance ranges between ₹34 Lakhs to ₹50 Lakhs per year for employees with experience between 12 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Vice President salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹34 L/yr - ₹78.9 L/yr
13 years (AmbitionBox Estimate)	₹39.7 L/yr - ₹50.7 L/yr
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14 years (AmbitionBox Estimate)	₹39.9 L/yr - ₹51 L/yr
15+ years (5 salaries)	₹38 L/yr - ₹50 L/yr

From

Vice President

12 - 25 years exp.

Senior Vice President

18 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Senior Vice President Salary

(3 salaries)

₹94 L/yr - ₹94 L/yr

Associate Vice President Salary

(3 salaries)

₹27.67 L/yr - ₹33 L/yr

Assistant Vice President Salary

(28 salaries)

₹15 L/yr - ₹38.5 L/yr

Vice President Operations Salary

(AmbitionBox Estimate)

₹39.6 L/yr - ₹50.6 L/yr

Store Manager Salary

(3 salaries)

₹5 L/yr - ₹26.5 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹118.8 L/yr - ₹131.3 L/yr

Branch Head Salary

(16 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Branch Manager Salary

(167 salaries)

₹1.85 L/yr - ₹9 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹29.1 L/yr

General Manager Salary

(7 salaries)

₹35.5 L/yr - ₹74 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

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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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Vice President Salary FAQs

What is the salary of Vice President at Mahindra Finance ?

The average salary of a Vice President at Mahindra Finance in India typically ranges from ₹34.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 12 years to 25 years).

The top 10% of Vice President at Mahindra Finance earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Vice President 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 6 Mahindra Finance employees in India.

What is the estimated take home salary of a Vice President at Mahindra Finance in India?

The estimated take-home salary of a Vice President at Mahindra Finance in India typically ranges from ₹2,72,317 to ₹2,83,492 per month. This is based on the average salary range of ₹34.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 12 years to 25 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 6 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 Vice President in India?

Aditya Birla Capital	₹65.0 Lakhs to ₹100.0 Lakhs per year
Poonawalla Fincorp	₹33.0 Lakhs to ₹94.0 Lakhs per year
Sammaan Capital Limited	₹45.4 Lakhs to ₹76.0 Lakhs per year
Bharat Financial Inclusion	₹38.0 Lakhs to ₹54.0 Lakhs per year
Reliance Capital	₹30.0 Lakhs to ₹75.0 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 Vice President in companies similar to Mahindra Finance in India?

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

HDFC Bank	₹27.0 Lakhs to ₹69.0 Lakhs per year
Muthoot Fincorp	₹36.0 Lakhs to ₹61.0 Lakhs per year
Satin Creditcare Network	₹33.0 Lakhs to ₹58.0 Lakhs per year
Capri Global Capital	₹28.0 Lakhs to ₹60.0 Lakhs per year
HDB Financial Services	₹35.0 Lakhs to ₹50.0 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 Vice President at Mahindra Finance in India?

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

Experience	Average Salary Range
12 years	₹34.0 Lakhs to ₹78.9 Lakhs per year
13 years	₹39.7 Lakhs to ₹50.7 Lakhs per year
14 years	₹39.9 Lakhs to ₹51.0 Lakhs per year
15 years	₹38.0 Lakhs to ₹50.0 Lakhs per year

and so on.

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Mahindra Finance Vice President Salaries

Mahindra Finance Vice President salary in India ranges between ₹34 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.