Mahindra Teqo Mumbai Finance Head Salaries by 4 Employees (Updated 2025)

13 - 16 years exp.

₹37.3 Lakhs - ₹61 Lakhs

Salary of majority employees

Fixed (90%)

₹42.3 Lakhs

Variable (10%)

₹4.6 Lakhs

10% more than the average Finance Head Salary in Software Product Companies for 13 - 16 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Mahindra Teqo for Finance Head in Mumbai

Mahindra Teqo Finance Head Salary

13 - 16 years exp. (4 salaries)

₹37.3 L/yr - ₹61 L/yr

Company name	Avg Annual Salary	Open Jobs
EnKash Finance Head Salary 10 - 15 years exp. (7 salaries)	₹35 L/yr - ₹65 L/yr 16% more
Bayer Finance Head Salary 13 - 22 years exp. (6 salaries)	₹96 L/yr - ₹1 Cr/yr 108% more
Login to view exact salary
SquadStack Finance Head Salary 16 - 21 years exp. (5 salaries)	₹50 L/yr - ₹80 L/yr 41% more
India Advantage Securities Finance Head Salary 8 - 9 years exp. (5 salaries)	₹23 L/yr - ₹24 L/yr 49% less
Raymond Lifestyle Limited Finance Head Salary 8 - 23 years exp. (4 salaries)	₹36.6 L/yr - ₹55 L/yr At par

Finance Head salary at Mahindra Teqo ranges between ₹37.3 Lakhs to ₹61 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Teqo.

Experience wise Mahindra Teqo Finance Head salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹33.5 L/yr - ₹42.8 L/yr
14 years (AmbitionBox Estimate)	₹36.5 L/yr - ₹46.7 L/yr
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15+ years (AmbitionBox Estimate)	₹52.1 L/yr - ₹57.6 L/yr

Similar Designation salaries in Mahindra Teqo

Assistant Manager Finance & Accounts Salary

(3 salaries)

₹8.1 L/yr - ₹9 L/yr

Salary related reviews for Mahindra Teqo

3.0

Rated by 1 employees for salary & benefits

Senior Site Engineer in Rewa

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Apr 2023

1.0

for Salary and Benefits

Likes

Very bad person all h.o.my January and feb month salary hold no any leave urgest all area politics only in this company

Dislikes

Very bad culture in this area all resional manager no any knowledge only time pass and site incharge no any knowledge rewa site all 3 site 750 mw only politics person do job

Salary - Bad

+6 more

Junior Engineer Electrical in Mumbai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

Job security is very worst , I am working in this company around 7 years still now I am offrole only,work culture is average, company policies are not suitable for offrole employees.

Skill development - Good

Dislikes

Employees talent not promoted in this company. Salary is decent but career growth is very slow.

Salary - Poor

+3 more

Learning And Development Executive in Mumbai

Full Time

Human Resources Department

4.0

• posted on 21 Feb 2022

3.0

for Salary and Benefits

Likes

The flexibility and growth opportunities provided are immense. If you are someone who likes working on multiple projects and learn, this is one of the best companies to start your career growth with

Skill development - Good

+5 more

Dislikes

Compensation could be better

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 03 May 2021

2.0

for Salary and Benefits

Likes

Mahindra TEQO would be a good place for a Fresher or engineers just passing out from college. Although, I do feel TEQO not a suitable place for an experienced person. As a part of Mahindra Company it may have job security but the work culture is poor, the higher management level is not very aware of management-related work ethics. Company policy is not very attractive. This company does not provide a better environment to work for a long time here. Experienced people who are looking for a company to work for a long time, should not choose Mahindra TEQO.

Job security - Good

Dislikes

Good place for a fresh graduate to start his/her carrier in the software industry. If they are willing to adjust with less salary then they can choose to work here to learn. Good Health Insurence is provided.

Salary - Poor

+4 more

Cluster Incharge in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 03 Jul 2023

4.0

for Salary and Benefits

Likes

Brand name of Mahindra Job security Timely salary credit Independent work culture

Salary - Good

+3 more

Dislikes

1. Bad work life balance due to high work pressure. 2. Increment (earlier it was good now it is not good) 3. vendor payment lagging high which effect site team peace of mind. 4. Since it is 3rd party O&M service so no fixed location for long time

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Teqo Finance Head Salary FAQs

What is the salary of Finance Head at Mahindra Teqo in Mumbai?

The average salary of a Finance Head at Mahindra Teqo in Mumbai typically ranges from ₹37.3 Lakhs to ₹61.0 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Finance Head in Mumbai at Mahindra Teqo earn more than ₹61.0 Lakhs per year, and the top 1% earn over ₹61.0 Lakhs per year. Finance Head Salaries at Mahindra Teqo 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 Teqo employees in India.

What is the estimated take home salary of a Finance Head at Mahindra Teqo in Mumbai?

The estimated take-home salary of a Finance Head at Mahindra Teqo in Mumbai typically ranges from ₹2,75,024 to ₹2,86,323 per month. This is based on the average salary range of ₹37.3 Lakhs to ₹61.0 Lakhs per year for employees with experience ranging from 13 years to 16 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 Teqo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Teqo for Finance Head in India?

Bayer	₹96.0 Lakhs to ₹101.0 Lakhs per year
SquadStack	₹50.0 Lakhs to ₹80.0 Lakhs per year
EnKash	₹35.0 Lakhs to ₹65.0 Lakhs per year
Raymond Lifestyle Limited	₹36.6 Lakhs to ₹55.0 Lakhs per year

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

What is the salary of a Finance Head in companies similar to Mahindra Teqo in Mumbai?

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

India Advantage Securities

₹23.0 Lakhs to ₹24.0 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 Finance Head at Mahindra Teqo in Mumbai?

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

Experience	Average Salary Range
13 years	₹33.5 Lakhs to ₹42.8 Lakhs per year
14 years	₹36.5 Lakhs to ₹46.7 Lakhs per year
15 years	₹52.1 Lakhs to ₹57.6 Lakhs per year

and so on.

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Mahindra Teqo Finance Head Salaries in Mumbai

Mahindra Teqo Finance Head salary in Mumbai ranges between ₹37.3 Lakhs to ₹61 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Teqo latest salaries received from various employees of Mahindra Teqo.