Ashok Leyland Finance Manager Salaries by 10+ Employees (Updated 2024)

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: 3 Nov 2024

Companies similar to Ashok Leyland for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance Manager Salary 0 - 12 years exp. (28 salaries)	₹3.2 L/yr - ₹8.5 L/yr 54% less
Mahindra & Mahindra Finance Manager Salary 0 - 15 years exp. (41 salaries)	₹8.6 L/yr - ₹24.2 L/yr 11% less
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Bharat Forge Finance Manager Salary 8 - 17 years exp. (6 salaries)	₹11 L/yr - ₹25.7 L/yr 1% more
Eicher Motors Finance Manager Salary 7 - 10 years exp. (3 salaries)	₹10.2 L/yr - ₹29 L/yr 36% more
Hero MotoCorp Finance Manager Salary 4 - 11 years exp. (7 salaries)	₹20 L/yr - ₹27 L/yr 43% more
TVS Motor Finance Manager Salary 3 - 9 years exp. (6 salaries)	₹12.1 L/yr - ₹22 L/yr At par
Maruti Suzuki Finance Manager Salary 6 - 13 years exp. (27 salaries)	₹20 L/yr - ₹33.5 L/yr 66% more
Bajaj Auto Finance Manager Salary 1 - 12 years exp. (37 salaries)	₹12 L/yr - ₹42 L/yr 71% more
Force Motors Finance Manager Salary 15 - 17 years exp. (5 salaries)	₹15.5 L/yr - ₹16.8 L/yr 4% more
Ford Motor Finance Manager Salary 12 - 20 years exp. (52 salaries)	₹20 L/yr - ₹52 L/yr 165% more
General Motors Finance Manager Salary 8 - 15 years exp. (11 salaries)	₹17 L/yr - ₹31.1 L/yr 44% more
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Escorts Kubota Limited Finance Manager Salary 2 - 11 years exp. (7 salaries)	₹5 L/yr - ₹16 L/yr 30% less
Nexa Finance Manager Salary 3 - 8 years exp. (6 salaries)	₹2.2 L/yr - ₹3.6 L/yr 81% less
Automotive Manufacturers Finance Manager Salary 1 - 20 years exp. (6 salaries)	₹2 L/yr - ₹8 L/yr 68% less
Hyundai Motor India Limited Finance Manager Salary 5 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹8.4 L/yr 75% less
VE Commercial Vehicles Finance Manager Salary 5 - 10 years exp. (5 salaries)	₹6.8 L/yr - ₹22.5 L/yr 2% less
Mahindra Automotives Finance Manager Salary 6 - 12 years exp. (5 salaries)	₹16.7 L/yr - ₹24 L/yr 32% more
Volvo Finance Manager Salary 7 - 9 years exp. (3 salaries)	₹9.5 L/yr - ₹22.1 L/yr 17% 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: 3 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹26.4 L/yr
6 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
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7 years (3 salaries)	₹15 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹27.4 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)	₹6.4 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹29.5 L/yr
15+ years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

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Salary related reviews for Ashok Leyland

4.2

Rated by 6 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

Dislikes

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

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

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

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

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.

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

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ashok Leyland Finance Manager Salary FAQs

What is the salary of Finance Manager at Ashok Leyland?

Finance Manager salary at Ashok Leyland in India ranges between ₹10.3 Lakhs to ₹21.5 Lakhs for experience between 5 years to 16 years. According to our estimates it is 7% less than the average Finance Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Ashok Leyland India.

How does the salary of a Finance Manager at Ashok Leyland India compare with the average salary range for this job?

The average salary of a Finance Manager at Ashok Leyland is 7% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Ashok Leyland to a Finance Manager in India?

Ford Motor Finance Manager Salary - ₹20.0 Lakhs to ₹52.0 Lakhs per year
Bajaj Auto Finance Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Maruti Suzuki Finance Manager Salary - ₹20.0 Lakhs to ₹33.5 Lakhs per year
General Motors Finance Manager Salary - ₹17.0 Lakhs to ₹31.1 Lakhs per year
Hero MotoCorp Finance Manager Salary - ₹20.0 Lakhs to ₹27.0 Lakhs per year

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

Eicher Motors Finance Manager Salary - ₹10.2 Lakhs to ₹29.0 Lakhs per year
Mahindra Automotives Finance Manager Salary - ₹16.7 Lakhs to ₹24.0 Lakhs per year
Volvo Finance Manager Salary - ₹9.5 Lakhs to ₹22.1 Lakhs per year
Force Motors Finance Manager Salary - ₹15.5 Lakhs to ₹16.8 Lakhs per year
Bharat Forge Finance Manager Salary - ₹11.0 Lakhs to ₹25.7 Lakhs per year

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 ranges between ₹1,07,777 per month to ₹1,10,750 per month in India. The take-home salary calculation is based on the average Ashok Leyland Finance Manager salary in India which ranges between ₹10.3 Lakhs to ₹21.5 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Ashok Leyland?

According to AmbitionBox, 71% of the Ashok Leyland Finance Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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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.