Mahindra & Mahindra Bank Manager Salaries by 4 Employees (Updated 2025)

0 - 21 years exp.

₹1 Lakh - ₹5 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Bank Manager Salary in Automobile Companies for 0 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading Bank Manager Salary 0 - 4 years exp. (3 salaries)	₹1 L/yr - ₹4.3 L/yr
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Administration & Facilities Bank Manager Salary 21 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 22 Dec 2024

Companies similar to Mahindra & Mahindra for Bank Manager

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Bank Manager Salary 2 - 18 years exp. (79 salaries)	₹1.7 L/yr - ₹7.7 L/yr 21% more
HDFC Bank Bank Manager Salary 3 - 15 years exp. (63 salaries)	₹2.9 L/yr - ₹12.2 L/yr 102% more
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ICICI Bank Bank Manager Salary 0 - 11 years exp. (60 salaries)	₹2.7 L/yr - ₹10.8 L/yr 82% more
Axis Bank Bank Manager Salary 1 - 19 years exp. (60 salaries)	₹3.6 L/yr - ₹16 L/yr 153% more
State Bank of India Bank Manager Salary 0 - 31 years exp. (46 salaries)	₹8.1 L/yr - ₹23.8 L/yr 276% more

Bank Manager salary at Mahindra & Mahindra ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Bank Manager salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra & Mahindra Bank Manager Salary FAQs

What is the salary of Bank Manager at Mahindra & Mahindra?

Bank Manager salary at Mahindra & Mahindra in India ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 21 years. According to our estimates it is 59% less than the average Bank Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Bank Manager at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Bank Manager at Mahindra & Mahindra is 59% less than the average salary of a Bank Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Bank Manager in India?

State Bank of India Bank Manager Salary - ₹8.1 Lakhs to ₹23.8 Lakhs per year
Axis Bank Bank Manager Salary - ₹3.6 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Bank Manager Salary - ₹2.9 Lakhs to ₹12.2 Lakhs per year
ICICI Bank Bank Manager Salary - ₹2.7 Lakhs to ₹10.8 Lakhs per year
Bandhan Bank Bank Manager Salary - ₹1.7 Lakhs to ₹7.7 Lakhs per year

What is the estimated take home salary of a Bank Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a Bank Manager at Mahindra & Mahindra ranges between ₹26,720 per month to ₹28,133 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Bank Manager salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 21 years. Check how did we calculate take home salary?

What is the notice period for Bank Manager at Mahindra & Mahindra?

According to AmbitionBox, 50% of the Mahindra & Mahindra Bank Managers reported a notice period of 15 days or less, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Bank Manager Salaries

Mahindra & Mahindra Bank Manager salary in India ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.