Hero FinCorp Manager M1 Salaries by 4 Employees (Updated 2025)

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
Bajaj Finance Manager M1 Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr 33% less
HDFC Bank Manager M1 Salary 5 - 14 years exp. (155 salaries)	₹5 L/yr - ₹13.3 L/yr 39% more
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Tata Capital Manager M1 Salary 2 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹6 L/yr 12% less
Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 116% more
ICICI Securities Manager M1 Salary 0 - 11 years exp. (83 salaries)	₹4 L/yr - ₹9.5 L/yr 5% more
Kotak Mahindra Prime Manager M1 Salary 3 - 11 years exp. (7 salaries)	₹3.5 L/yr - ₹5 L/yr 34% less
Vistaar Finance Manager M1 Salary 0 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹5.4 L/yr 21% less
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 - ₹14.47 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

(25 salaries)

₹5.5 L/yr - ₹11 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Project Manager Salary

(6 salaries)

₹9.5 L/yr - ₹18.5 L/yr

Cluster Manager Salary

(82 salaries)

₹7.5 L/yr - ₹27 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

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

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. 🥲

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

Sales Executive in Nashik

Full Time

Sales & Business Development Department

1.0

• posted on 10 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

They give lots of target which is impossible to achieve. They polices is not at all good Salary is very low dont give any increment Very aggressive towards employee..... Give lots of Work and stress

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Hero FinCorp Manager M1 Salary FAQs

What is the salary of Manager M1 at Hero FinCorp?

Manager M1 salary at Hero FinCorp in India ranges between ₹5.0 Lakhs to ₹7.0 Lakhs for experience between 6 years to 12 years. According to our estimates it is 47% less than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Hero FinCorp India.

How does the salary of a Manager M1 at Hero FinCorp India compare with the average salary range for this job?

The average salary of a Manager M1 at Hero FinCorp is 47% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero FinCorp to a Manager M1 in India?

Mahindra Finance Manager M1 Salary - ₹10.0 Lakhs to ₹14.8 Lakhs per year
PNB Housing Finance Manager M1 Salary - ₹7.4 Lakhs to ₹10.7 Lakhs per year
HDFC Bank Manager M1 Salary - ₹5.0 Lakhs to ₹13.3 Lakhs per year
Sammaan Capital Limited Manager M1 Salary - ₹6.2 Lakhs to ₹11.5 Lakhs per year
ICICI Securities Manager M1 Salary - ₹4.0 Lakhs to ₹9.5 Lakhs per year

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

Tata Capital Manager M1 Salary - ₹4.6 Lakhs to ₹6.0 Lakhs per year
Tata Capital Housing Finance Manager M1 Salary - ₹4.6 Lakhs to ₹6.5 Lakhs per year
Vistaar Finance Manager M1 Salary - ₹4.5 Lakhs to ₹5.4 Lakhs per year
Bajaj Finance Manager M1 Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
Kotak Mahindra Prime Manager M1 Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year

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 ranges between ₹46,601 per month to ₹47,705 per month in India. The take-home salary calculation is based on the average Hero FinCorp Manager M1 salary in India which ranges between ₹5.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Hero FinCorp?

According to AmbitionBox, 75% of the Hero FinCorp Manager M1s reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.