Ashok Leyland Finance Manager Salaries by 10+ Employees (Updated 2025)

5 - 16 years exp.

₹10.3 Lakhs - ₹21.5 Lakhs

Salary of majority employees

7% less than the average Finance Manager Salary in Automobile Companies for 5 - 16 years of experience

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Last Updated: 23 Jan 2025

Companies similar to Ashok Leyland for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance Manager Salary 2 - 13 years exp. (19 salaries)	₹3 L/yr - ₹9.7 L/yr 53% less
Mahindra & Mahindra Finance Manager Salary 2 - 15 years exp. (43 salaries)	₹7.5 L/yr - ₹29.8 L/yr 16% more
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Bharat Forge Finance Manager Salary 8 - 22 years exp. (4 salaries)	₹13 L/yr - ₹16 L/yr 11% less
Eicher Motors Finance Manager Salary 7 - 10 years exp. (4 salaries)	₹10.2 L/yr - ₹29 L/yr 16% more
Hero MotoCorp Finance Manager Salary 4 - 11 years exp. (7 salaries)	₹20 L/yr - ₹27 L/yr 37% more
TVS Motor Finance Manager Salary 3 - 9 years exp. (6 salaries)	₹12.1 L/yr - ₹22 L/yr 2% less
Maruti Suzuki Finance Manager Salary 6 - 13 years exp. (26 salaries)	₹20 L/yr - ₹32 L/yr 60% more	1 job opening
Bajaj Auto Finance Manager Salary 1 - 12 years exp. (36 salaries)	₹13.5 L/yr - ₹42 L/yr 76% more
Force Motors Finance Manager Salary 15 - 17 years exp. (5 salaries)	₹15.5 L/yr - ₹16.8 L/yr 2% more
Ford Motor Finance Manager Salary 12 - 20 years exp. (52 salaries)	₹20 L/yr - ₹52 L/yr 166% more
Escorts Kubota Limited Finance Manager Salary 2 - 11 years exp. (7 salaries)	₹5 L/yr - ₹16 L/yr 34% less	1 job opening
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Automotive Manufacturers Finance Manager Salary 1 - 21 years exp. (7 salaries)	₹2 L/yr - ₹8 L/yr 67% less
Nexa Finance Manager Salary 3 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹3.8 L/yr 81% less
VE Commercial Vehicles Finance Manager Salary 6 - 16 years exp. (5 salaries)	₹11 L/yr - ₹22 L/yr 9% less
Hyundai Motor India Limited Finance Manager Salary 5 - 8 years exp. (4 salaries)	₹3.1 L/yr - ₹3.3 L/yr 80% less
Mahindra Automotives Finance Manager Salary 6 - 12 years exp. (5 salaries)	₹16.7 L/yr - ₹24 L/yr 30% more
Volvo Finance Manager Salary 7 - 9 years exp. (3 salaries)	₹9.5 L/yr - ₹22.1 L/yr 15% more
Hinduja Group Finance Manager Salary 7 - 16 years exp. (3 salaries)	₹17.5 L/yr - ₹23 L/yr 30% more

Finance Manager salary at Ashok Leyland ranges between ₹10.3 Lakhs to ₹21.5 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 19 latest salaries received from various employees of Ashok Leyland.

Experience wise Ashok Leyland Finance Manager salaries

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹27 L/yr
6 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
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7 years (3 salaries)	₹15 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹28 L/yr
9 years (3 salaries)	₹14.3 L/yr - ₹16 L/yr
10 years (3 salaries)	₹10.3 L/yr - ₹21.5 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹29.9 L/yr
15+ years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

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₹3.6 L/yr - ₹4.6 L/yr

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₹3.2 L/yr - ₹4.1 L/yr

Relationship Manager Salary

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Salary related reviews for Ashok Leyland

3.7

Rated by 7 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Procurement & Supply Chain Department

3.0

• posted on 12 Jun 2024

2.0

for Salary and Benefits

Likes

Possible to express self. No strict formal attire, Able to interact beyond hierarchy

Job security - Good

Dislikes

Boss centric culture, Disparity in appraisal, Job to qualification or salary to experience matching is not possible

Salary - Poor

+3 more

Deputy Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 17 Oct 2023

4.0

for Salary and Benefits

Likes

There is enough freedom to express your thoughts. Higher or Top management are approachable Dress code is must only for production unit employees Conveyance is provided at minimal cost from various corners of the city All locations are accessible by public transport system also except founderies

Salary - Good

+1 more

Dislikes

... Chaos and confusions are common place and last mile delivery is so stressful. Salary policy is non existent. You can see lateral hires getting less than 10 lacs per annum CTC with more than 20 years of experience in domains other than finance or admin. But there are diploma holders with 4 or 5 years experience getting more than 10 lacs per annum . There is no equation suits the distribution.

Deputy Manager in Hosur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Nov 2019

1.0

for Salary and Benefits

Likes

Very few lateral entries who still working for lower bucks

Dislikes

Compensation is very low for lateral entries. And growth also very narrow. Since it is a automotive type daily work pressure will be high to meet the customers and projects requirements. During appraisal my achievements are not appreciated and considered and each time my manager tells it was management driven project. Senior HR people always telling that Ashokleyland one of the highest payers in India, which is absolute fake statement. Mid management

Salary - Bad

+6 more

Deputy Manager in New Delhi

Finance & Accounting Department

1.0

• posted on 13 Feb 2018

4.0

for Salary and Benefits

Likes

Job security is good Travel expenses claim payment process is good

Salary - Good

Dislikes

No brotherhood A lot of politics (due to Indian culture like any govt. office) Have to work with more experienced old aged but less knowledgeable persons. Environment is very bad Work Life balance is very very very poor Salary & Benefits are good if you are DGM & above You can't survive until you are on Top position or you are a South Indian Can make you corrupt as many chances to take and give bribe.

Skill development - Bad

+4 more

Sales Manager in Pathankot

BFSI, Investments & Trading Department

5.0

• posted on 31 Dec 2018

4.0

for Salary and Benefits

Likes

Working experience was phenomenon and environment was very gud but salary package was low which courage so the employer, I also like the employer policy in this company

Salary - Good

+5 more

Dislikes

No job training for freshers and growth was also very slow, travels a lot to mature the projects but senior persons never appreciate my hardworking towards the company which makes me uncomfortable and salary was also very low

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Ashok Leyland Finance Manager Salary FAQs

What is the salary of Finance Manager at Ashok Leyland ?

The average salary of a Finance Manager at Ashok Leyland in India typically ranges from ₹10.3 Lakhs to ₹21.5 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Finance Manager at Ashok Leyland earn more than ₹18.9 Lakhs per year, and the top 1% earn over ₹21.5 Lakhs per year. Finance Manager Salaries at Ashok Leyland 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 10+ Ashok Leyland employees in India.

What is the estimated take home salary of a Finance Manager at Ashok Leyland in India?

The estimated take-home salary of a Finance Manager at Ashok Leyland in India typically ranges from ₹1,09,427 to ₹1,12,453 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹21.5 Lakhs per year for employees with experience ranging from 5 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 10+ salaries received from various employees of Ashok Leyland. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ashok Leyland for Finance Manager in India?

Ford Motor	₹20.0 Lakhs to ₹52.0 Lakhs per year
Bajaj Auto	₹13.5 Lakhs to ₹42.0 Lakhs per year
Maruti Suzuki	₹20.0 Lakhs to ₹32.0 Lakhs per year
Hero MotoCorp	₹20.0 Lakhs to ₹27.0 Lakhs per year
Hinduja Group	₹17.5 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Finance Manager in companies similar to Ashok Leyland in India?

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

Mahindra Automotives	₹16.7 Lakhs to ₹24.0 Lakhs per year
Eicher Motors	₹10.2 Lakhs to ₹29.0 Lakhs per year
Mahindra & Mahindra	₹7.5 Lakhs to ₹29.8 Lakhs per year
Volvo	₹9.5 Lakhs to ₹22.1 Lakhs per year
Force Motors	₹15.5 Lakhs to ₹16.8 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 Manager at Ashok Leyland in India?

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

Experience	Average Salary Range
5 years	₹12.5 Lakhs to ₹27.0 Lakhs per year
6 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
7 years	₹15.0 Lakhs to ₹18.0 Lakhs per year
8 years	₹14.9 Lakhs to ₹28.0 Lakhs per year

and so on.

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Ashok Leyland Finance Manager Salaries

Ashok Leyland Finance Manager salary in India ranges between ₹10.3 Lakhs to ₹21.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Ashok Leyland latest salaries received from various employees of Ashok Leyland.