Mahindra & Mahindra Deputy General Manager Finance Salaries by 5 Employees

15 - 16 years exp.

₹39 Lakhs - ₹45 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% more than the average Deputy General Manager Finance Salary in Automobile Companies for 15 - 16 years of experience

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Last Updated: 5 Oct 2024

Companies similar to Mahindra & Mahindra for Deputy General Manager Finance

Company name	Avg Annual Salary	Open Jobs
Tata Motors Deputy General Manager Finance Salary 10 - 16 years exp. (6 salaries)	₹24 L/yr - ₹39 L/yr 25% less
Ashok Leyland Deputy General Manager Finance Salary 16 - 22 years exp. (4 salaries)	₹39 L/yr - ₹55 L/yr 17% more
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Maruti Suzuki Deputy General Manager Finance Salary 14 - 17 years exp. (4 salaries)	₹40 L/yr - ₹80 L/yr 48% more
Daimler India Commercial Vehicles Deputy General Manager Finance Salary 25 - 27 years exp. (3 salaries)	₹34.2 L/yr - ₹43.7 L/yr 6% less
Cummins Deputy General Manager Finance Salary 9 - 16 years exp. (18 salaries)	₹20 L/yr - ₹37.4 L/yr 20% less

Deputy General Manager Finance salary at Mahindra & Mahindra ranges between ₹39 Lakhs to ₹45 Lakhs per year for employees with experience between 15 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Deputy General Manager Finance salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹39 L/yr - ₹45 L/yr
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Salary related reviews for Mahindra & Mahindra

3.4

Rated by 2 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Skill development - Good

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Promotions - Poor

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.

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

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra & Mahindra Deputy General Manager Finance Salary FAQs

What is the salary of Deputy General Manager Finance at Mahindra & Mahindra ?

The average salary of a Deputy General Manager Finance at Mahindra & Mahindra in India typically ranges from ₹39.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 15 years to 16 years).

The top 10% of Deputy General Manager Finance at Mahindra & Mahindra earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Deputy General Manager Finance Salaries at Mahindra & Mahindra 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 Mahindra & Mahindra employees in India.

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

The estimated take-home salary of a Deputy General Manager Finance at Mahindra & Mahindra in India typically ranges from ₹2,41,051 to ₹2,50,813 per month. This is based on the average salary range of ₹39.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 15 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Deputy General Manager Finance in India?

Maruti Suzuki	₹40.0 Lakhs to ₹80.0 Lakhs per year
Ashok Leyland	₹39.0 Lakhs to ₹55.0 Lakhs per year

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

What is the salary of a Deputy General Manager Finance in companies similar to Mahindra & Mahindra in India?

The salary of a Deputy General Manager Finance at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Daimler India Commercial Vehicles	₹34.2 Lakhs to ₹43.7 Lakhs per year
Cummins	₹20.0 Lakhs to ₹37.4 Lakhs per year
Tata Motors	₹24.0 Lakhs to ₹39.0 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 Deputy General Manager Finance at Mahindra & Mahindra in India?

The salary growth for a Deputy General Manager Finance at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Deputy General Manager Finance can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
15 years	₹39.0 Lakhs to ₹45.0 Lakhs per year

and so on.

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Mahindra & Mahindra Deputy General Manager Finance Salaries

Mahindra & Mahindra Deputy General Manager Finance salary in India ranges between ₹39 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.