Mahindra Rural Housing Finance Back Office Associate Salaries by 5 Employees

1 - 3 years exp.

₹0.6 Lakh - ₹1.5 Lakh

Low Confidence

Salary of majority employees

51% less than the average Back Office Associate Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Back Office Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.6 L/yr
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Finance & Accounting Back Office Associate Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.5 L/yr

Last Updated: 9 Mar 2023

Companies similar to Mahindra Rural Housing Finance for Back Office Associate

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Back Office Associate Salary 1 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹5.5 L/yr 151% more
Kotak Mahindra Prime Back Office Associate Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 63% more
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Spandana Sphoorty Financial Back Office Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 57% more
Shriram Finance Back Office Associate Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.3 L/yr 107% more
Bajaj Finance Back Office Associate Salary 0 - 4 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 58% more
HDB Financial Services Back Office Associate Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 69% more
CreditAccess Grameen Back Office Associate Salary 1 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 83% more

Back Office Associate salary at Mahindra Rural Housing Finance ranges between ₹0.6 Lakh to ₹1.5 Lakh per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Back Office Associate salaries

Last Updated: 9 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr
2 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.4 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

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(3 salaries)

₹1.5 L/yr - ₹2.14 L/yr

Back Office Staff Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Office Assistant Salary

(4 salaries)

₹1.7 L/yr - ₹2.42 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Customer Service Associate Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Officer Salary

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Data Entry Operator Salary

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MIS Executive Salary

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Operations Manager Salary

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Salary related reviews for Mahindra Rural Housing Finance

5.0

Rated by 2 employees for salary & benefits

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Customer Service And Operations Executive in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

Salary - Bad

+6 more

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

Area Credit Manager in Kochi

Full Time

Other Department

1.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Skill development - Good

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

Salary - Bad

+1 more

Branch Manager in Akola

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

I like company culture environment co operative senior..

Skill development - Good

+5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

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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 Rural Housing Finance Back Office Associate Salary FAQs

What is the salary of Back Office Associate at Mahindra Rural Housing Finance ?

The average salary of a Back Office Associate at Mahindra Rural Housing Finance in India typically ranges from ₹0.6 Lakhs to ₹1.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Back Office Associate at Mahindra Rural Housing Finance earn more than ₹1.5 Lakhs per year, and the top 1% earn over ₹1.5 Lakhs per year. Back Office Associate Salaries at Mahindra Rural Housing 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 5 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Back Office Associate at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Back Office Associate at Mahindra Rural Housing Finance in India typically ranges from ₹8,113 to ₹9,030 per month. This is based on the average salary range of ₹0.6 Lakhs to ₹1.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Back Office Associate in India?

Mahindra Finance	₹1.8 Lakhs to ₹5.5 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹3.3 Lakhs per year
CreditAccess Grameen	₹2.0 Lakhs to ₹2.5 Lakhs per year
HDB Financial Services	₹1.5 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Prime	₹1.8 Lakhs to ₹2.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Rural Housing Finance, depending on the role and experience level.

What is the salary of a Back Office Associate in companies similar to Mahindra Rural Housing Finance in India?

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

Bajaj Finance	₹1.0 Lakhs to ₹3.0 Lakhs per year
Spandana Sphoorty Financial	₹1.5 Lakhs to ₹2.5 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 Back Office Associate at Mahindra Rural Housing Finance in India?

The salary growth for a Back Office Associate at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Back Office Associate can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹1.5 Lakhs per year
2 years	₹0.6 Lakhs to ₹2.3 Lakhs per year
3 years	₹0.6 Lakhs to ₹1.4 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Back Office Associate Salaries by Location

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Mahindra Rural Housing Finance Back Office Associate Salaries

Mahindra Rural Housing Finance Back Office Associate salary in India ranges between ₹0.6 Lakh to ₹1.5 Lakh with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Back Office Associate salaries in India

Companies similar to Mahindra Rural Housing Finance for Back Office Associate

Latest annual salaries shared by Mahindra Rural Housing Finance Back Office Associate

Experience wise Mahindra Rural Housing Finance Back Office Associate salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Sales Executive in Vellore

Customer Service And Operations Executive in Thane

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Mahindra Rural Housing Finance Back Office Associate Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance Back Office Associate Salaries by Location