Mahindra & Mahindra Mumbai Bank Manager Salaries by 2 Employees (Updated 2025)

3 - 4 years exp.

₹3.9 Lakhs - ₹4.9 Lakhs

Low Confidence

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Last Updated: 26 May 2023

Companies similar to Mahindra & Mahindra for Bank Manager in Mumbai

Mahindra & Mahindra Bank Manager Salary

3 - 4 years exp. (AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Bank Manager Salary 2 - 19 years exp. (10 salaries)	₹3.6 L/yr - ₹15.3 L/yr 110% more
ICICI Bank Bank Manager Salary 1 - 11 years exp. (7 salaries)	₹4 L/yr - ₹12 L/yr 54% more
Login to view exact salary
HDFC Bank Bank Manager Salary 3 - 15 years exp. (7 salaries)	₹2.9 L/yr - ₹8.6 L/yr 50% more
IndusInd Bank Bank Manager Salary 3 - 15 years exp. (5 salaries)	₹3 L/yr - ₹7.4 L/yr 38% more
Kotak Mahindra Bank Bank Manager Salary 3 - 11 years exp. (4 salaries)	₹2.4 L/yr - ₹8 L/yr 30% more

Bank Manager salary at Mahindra & Mahindra ranges between ₹3.9 Lakhs to ₹4.9 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra & Mahindra.

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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 notice period for Bank Manager at Mahindra & Mahindra in Mumbai?

According to AmbitionBox, 100% of the Mahindra & Mahindra Bank Managers in Mumbai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra & Mahindra Bank Manager Salaries in Mumbai

Mahindra & Mahindra Bank Manager salary in Mumbai ranges between ₹3.9 Lakhs to ₹4.9 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra & Mahindra.