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BMW Financial Services IT Manager salaries in India

Annual salary range
14 - 16 years exp.
₹20.5 Lakhs - ₹36 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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107% more than the average IT Manager Salary in Financial Services Companies for 14 - 16 years of experience

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Salaries in different departments

Project & Program Management
IT Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹30 L/yr - ₹34 L/yr

Engineering - Software & QA
IT Manager Salary
16 years exp. (AmbitionBox Estimate)
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₹32.4 L/yr - ₹39.6 L/yr

Last Updated: 2 Jun 2024

Companies similar to BMW Financial Services for IT Manager

Company name Avg Annual Salary Open Jobs
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TMF Group IT Manager Salary

11 - 15 years exp. (4 salaries)

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₹17.4 L/yr - ₹23 L/yr

arrow icon 27% less
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Hero Housing Finance IT Manager Salary

7 - 10 years exp. (4 salaries)

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₹15 L/yr - ₹23.2 L/yr

arrow icon 33% less
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Futures First info Services IT Manager Salary

11 - 13 years exp. (3 salaries)

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₹50 L/yr - ₹72 L/yr

arrow icon 113% more
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Pamac Finserve IT Manager Salary

15 - 22 years exp. (3 salaries)

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₹5 L/yr - ₹9 L/yr

arrow icon 74% less
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₹20.9 L/yr - ₹36 L/yr

arrow icon 5% more
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Formidium Corp IT Manager Salary

10 - 12 years exp. (3 salaries)

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₹12 L/yr - ₹14 L/yr

arrow icon 56% less
IT Manager salary at BMW Financial Services ranges between ₹20.5 Lakhs to ₹36 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of BMW Financial Services.

Latest annual salaries shared by BMW Financial Services IT Manager

7mo ago
₹34 Lakhs
16 years exp.
1y ago
₹36 Lakhs
16 years exp.
1y ago
₹30 Lakhs
15 years exp.

Experience wise BMW Financial Services IT Manager salaries

Last Updated: 2 Jun 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹20.5 L/yr - ₹24.3 L/yr
15+ years  (3 salaries)

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₹30 L/yr - ₹36 L/yr

Similar Designation salaries in BMW Financial Services

Deputy Manager Salary
(15 salaries)
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₹10 L/yr - ₹25 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹29.7 L/yr - ₹37.9 L/yr
Devops Engineer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

Salary related reviews for BMW Financial Services

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 30 Dec 2023

2.0
 for  Salary and Benefits

Likes

You get good pay and enough leaves.

  • Work-life balance - Good

Dislikes

Bmw leadership lacks vision and planning and do abrupt Hiring. They Don't respect qualification and make you do any work. Poor management . Complete work dissatisfaction

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 29 Sep 2024

2.0
 for  Salary and Benefits

Likes

Work life balance maintaining.

  • Work-life balance - Good

Dislikes

I will suggest never join off roll or service contract , if you are working in everage company because never promoting you and yearly appraisal is below everage. Also big gap between On roll and Off roll employees for salaries benefits

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jul 2023

1.0
 for  Salary and Benefits

Likes

There’s precisely NOTHING good about this company. You’ll simply get the promotion if you’ll become the PET of your manager and back bite about your colleagues. All you need to do is make noise for the little work you’re doing. Most of all, you’ll get the promotion if you’ll throw your responsibilities on others.

read more

Dislikes

Save yourself from the harassment towards your mental health and a toxic work environment, DO NOT EVER WORK FOR THIS THIRD-CLASS COMPANY.

read more
  • Salary - Bad
  • +6 more

Commercial Finance Department

1.0
  •  posted on 05 Nov 2021

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Pathetic work culture, office politics, no job security, management not at all supportive, COO i.e. Mr Prashant Kapur is extremely arrogant and due to his style of working most of the employees in the Operations department have left the job.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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BMW Financial Services IT Manager Salary FAQs

What is the salary of IT Manager at BMW Financial Services ?
The average salary of a IT Manager at BMW Financial Services in India typically ranges from ₹20.5 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of IT Manager at BMW Financial Services earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. IT Manager Salaries at BMW Financial Services 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 BMW Financial Services employees in India.
What is the estimated take home salary of a IT Manager at BMW Financial Services in India?
The estimated take-home salary of a IT Manager at BMW Financial Services in India typically ranges from ₹1,79,471 to ₹1,86,449 per month. This is based on the average salary range of ₹20.5 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 14 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 5 salaries received from various employees of BMW Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than BMW Financial Services for IT Manager in India?
Futures First info Services ₹50.0 Lakhs to ₹72.0 Lakhs per year
Toppan Merrill Technology Services India ₹20.9 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by BMW Financial Services, depending on the role and experience level.
What is the salary of a IT Manager in companies similar to BMW Financial Services in India?
The salary of a IT Manager at companies similar to BMW Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TMF Group ₹17.4 Lakhs to ₹23.0 Lakhs per year
Hero Housing Finance ₹15.0 Lakhs to ₹23.2 Lakhs per year
Formidium Corp ₹12.0 Lakhs to ₹14.0 Lakhs per year
Pamac Finserve ₹5.0 Lakhs to ₹9.0 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 IT Manager at BMW Financial Services in India?
The salary growth for a IT Manager at BMW Financial Services depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at BMW Financial Services:

Experience Average Salary Range
14 years ₹20.5 Lakhs to ₹24.3 Lakhs per year
15 years ₹30.0 Lakhs to ₹36.0 Lakhs per year
and so on.

Tell us how to improve this page.

BMW Financial Services IT Manager salary in India ranges between ₹20.5 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 BMW Financial Services latest salaries received from various employees of BMW Financial Services.