Mahindra Finance Vice President IT Salaries by 4 Employees

17 - 20 years exp.

₹46 Lakhs - ₹75 Lakhs

Low Confidence

Salary of majority employees

Fixed (70%)

₹43.4 Lakhs

Variable (30%)

₹18.5 Lakhs

23% more than the average Vice President IT Salary in NBFC Companies for 17 - 20 years of experience

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Last Updated: 28 Aug 2024

Companies similar to Mahindra Finance for Vice President IT

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Vice President IT Salary 14 - 20 years exp. (6 salaries)	₹36 L/yr - ₹45 L/yr 34% less
Poonawalla Fincorp Vice President IT Salary 17 - 22 years exp. (4 salaries)	₹30 L/yr - ₹56.3 L/yr 24% less
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JPMorgan Chase & Co. Vice President IT Salary 11 - 20 years exp. (110 salaries)	₹30 L/yr - ₹77.9 L/yr 24% less
Citicorp Vice President IT Salary 13 - 20 years exp. (63 salaries)	₹30 L/yr - ₹60 L/yr 20% less
Morgan Stanley Vice President IT Salary 10 - 18 years exp. (36 salaries)	₹30 L/yr - ₹76 L/yr 19% less

Vice President IT salary at Mahindra Finance ranges between ₹46 Lakhs to ₹75 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Vice President IT salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹46 L/yr - ₹75 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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Mahindra Finance Vice President IT Salary FAQs

What is the salary of Vice President IT at Mahindra Finance ?

The average salary of a Vice President IT at Mahindra Finance in India typically ranges from ₹46.0 Lakhs to ₹75.0 Lakhs per year, depending on experience (from 17 years to 20 years).

The top 10% of Vice President IT at Mahindra Finance earn more than ₹75.0 Lakhs per year, and the top 1% earn over ₹75.0 Lakhs per year. Vice President IT 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 4 Mahindra Finance employees in India.

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

The estimated take-home salary of a Vice President IT at Mahindra Finance in India typically ranges from ₹3,44,291 to ₹3,56,606 per month. This is based on the average salary range of ₹46.0 Lakhs to ₹75.0 Lakhs per year for employees with experience ranging from 17 years to 20 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 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Vice President IT in companies similar to Mahindra Finance in India?

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

Morgan Stanley	₹30.0 Lakhs to ₹76.0 Lakhs per year
Citicorp	₹30.0 Lakhs to ₹60.0 Lakhs per year
Poonawalla Fincorp	₹30.0 Lakhs to ₹56.3 Lakhs per year
JPMorgan Chase & Co.	₹30.0 Lakhs to ₹77.9 Lakhs per year
SMFG India Credit	₹36.0 Lakhs to ₹45.0 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 IT at Mahindra Finance in India?

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

Experience	Average Salary Range
15 years	₹46.0 Lakhs to ₹75.0 Lakhs per year

and so on.

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Mahindra Finance Vice President IT Salaries

Mahindra Finance Vice President IT salary in India ranges between ₹46 Lakhs to ₹75 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.