Hero FinCorp Manager M1 Salaries by 4 Employees

6 - 12 years exp.

₹5 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Manager M1 Salary in NBFC Companies for 6 - 12 years of experience

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Salaries in different departments

Finance & Accounting Manager M1 Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7 L/yr
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BFSI, Investments & Trading Manager M1 Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 24 Oct 2024

Companies similar to Hero FinCorp for Manager M1

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Manager M1 Salary 0 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹5.4 L/yr 21% less
Kotak Mahindra Prime Manager M1 Salary 3 - 11 years exp. (7 salaries)	₹3.5 L/yr - ₹5 L/yr 34% less
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Tata Capital Housing Finance Manager M1 Salary 0 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹6.5 L/yr 13% less
PNB Housing Finance Manager M1 Salary 4 - 9 years exp. (4 salaries)	₹7.4 L/yr - ₹10.7 L/yr 59% more
Sammaan Capital Limited Manager M1 Salary 6 - 14 years exp. (3 salaries)	₹6.2 L/yr - ₹11.5 L/yr 30% more

Manager M1 salary at Hero FinCorp ranges between ₹5 Lakhs to ₹7 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Manager M1 salaries

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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11 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

Similar Designation salaries in Hero FinCorp

Team Manager Salary

(7 salaries)

₹1.2 L/yr - ₹9.52 L/yr

Area Manager Salary

(8 salaries)

₹10.25 L/yr - ₹14 L/yr

Team Lead Salary

(56 salaries)

₹1.5 L/yr - ₹4.8 L/yr

Branch Manager Salary

(3 salaries)

₹3.2 L/yr - ₹14 L/yr

Deputy Manager Salary

(27 salaries)

₹5.5 L/yr - ₹11 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Project Manager Salary

(5 salaries)

₹9.5 L/yr - ₹17 L/yr

Cluster Manager Salary

(80 salaries)

₹8.35 L/yr - ₹27.5 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Operations Manager Salary

(14 salaries)

₹4.25 L/yr - ₹12.21 L/yr

Salary related reviews for Hero FinCorp

Operations Executive in Uttar Pradesh

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 18 Sep 2021

3.0

for Salary and Benefits

Likes

Work environment good and timely salary realise and move to company releasing letter timely generated...

Skill development - Excellent

+1 more

Dislikes

Career growth 0% and salary increment not sufficient, job security level not good accordingly work , employee health police very very poor ......etc

Data Analyst in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 12 Mar 2025

3.0

for Salary and Benefits

Likes

On time salary

Job security - Good

Dislikes

No work life balance Delay in appraisals & promotion Overloaded work Favouritism Culture Micro management by the manager Visionless people and managers Treating Employee as factory workers and many more chutiyapas

Skill development - Bad

+4 more

Associate in New Delhi

Full Time

Engineering - Software & QA Department

4.0

• posted on 01 Jan 2025

4.0

for Salary and Benefits

Likes

Flexible Hours. I can work from home. Salary within a month even if last day is holiday. No micro management. Easy leave approval. Friendly environment.

Salary - Good

+3 more

Dislikes

Deadline are so much short for every project. BAs are so slow in gathering requirement. We need good BAs in org. 🥲

Lead in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 10 Aug 2024

3.0

for Salary and Benefits

Likes

...balance is average, not that great but at par with a mature Indian organization. The pay scale is above average as compared to banking organization. If one doesn't provide inputs and do as is told, can increase chances of raise and 100% bonus, even if work is not upto the mark.

Dislikes

Culture is pathetic. There is still traditional thinking of supreme authority and 'I know it all' attitude. One a few members of the management call the shots for whole company and rest management members are mere spectators. Personal grudges between management leads to lot of resources, money and effort wastage. It would be years before the

Skill development - Bad

+4 more

Collections Executive in Gonda

Full Time

Other Department

4.0

• posted on 04 Sep 2023

5.0

for Salary and Benefits

Likes

The payouts for in this company are good. Regarding salary and incentive. There is no better company than this in two-wheeler sector. And the company is very good. Hero is Hero

Salary - Excellent

+4 more

Dislikes

There is no Progress in this Company. No matter how well you do your work, you will Not Change .You Can't Climb heights in this Company..In this company you are an Offroll Employee. In this Company , This cases which you once had in the Collection,do not remain with you but go to someone else. And the Case's on which you will do good work, those cases are sent by changing the allocation to others..!!

Promotions - Poor

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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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Hero FinCorp Manager M1 Salary FAQs

What is the salary of Manager M1 at Hero FinCorp ?

The average salary of a Manager M1 at Hero FinCorp in India typically ranges from ₹5.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Manager M1 at Hero FinCorp earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Manager M1 Salaries at Hero FinCorp 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 Hero FinCorp employees in India.

What is the estimated take home salary of a Manager M1 at Hero FinCorp in India?

The estimated take-home salary of a Manager M1 at Hero FinCorp in India typically ranges from ₹46,601 to ₹47,705 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 Hero FinCorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero FinCorp for Manager M1 in India?

PNB Housing Finance	₹7.4 Lakhs to ₹10.7 Lakhs per year
Sammaan Capital Limited	₹6.2 Lakhs to ₹11.5 Lakhs per year

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

What is the salary of a Manager M1 in companies similar to Hero FinCorp in India?

The salary of a Manager M1 at companies similar to Hero FinCorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance	₹4.6 Lakhs to ₹6.5 Lakhs per year
Vistaar Finance	₹4.5 Lakhs to ₹5.4 Lakhs per year
Kotak Mahindra Prime	₹3.5 Lakhs to ₹5.0 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 Manager M1 at Hero FinCorp in India?

The salary growth for a Manager M1 at Hero FinCorp depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Hero FinCorp:

Experience	Average Salary Range
6 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
10 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
11 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
12 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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Hero FinCorp Manager M1 Salaries

Hero FinCorp Manager M1 salary in India ranges between ₹5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hero FinCorp latest salaries received from various employees of Hero FinCorp.