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Mahindra & Mahindra Deputy Manager Band 1 salaries in India (Updated 2025)

Annual salary range
10 - 26 years exp.
₹12.8 Lakhs - ₹22 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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213% more than the average Deputy Manager Band 1 Salary in Automobile Companies for 10 - 26 years of experience

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Salaries in different departments

Finance & Accounting
Deputy Manager Band 1 Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹12.8 L/yr - ₹16.9 L/yr

Production, Manufacturing & Engineering
Deputy Manager Band 1 Salary
26 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹24.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to Mahindra & Mahindra for Deputy Manager Band 1

Company name Avg Annual Salary Open Jobs
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₹12.8 L/yr - ₹18 L/yr

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ICICI Bank Deputy Manager Band 1 Salary

0 - 10 years exp. (1.2k salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 69% less
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HDFC Bank Deputy Manager Band 1 Salary

1 - 11 years exp. (85 salaries)

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₹3.5 L/yr - ₹6.8 L/yr

arrow icon 68% less
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Tata AIG Deputy Manager Band 1 Salary

2 - 8 years exp. (50 salaries)

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₹2.5 L/yr - ₹4.7 L/yr

arrow icon 79% less
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Axis Bank Deputy Manager Band 1 Salary

4 - 8 years exp. (23 salaries)

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₹3.6 L/yr - ₹8 L/yr

arrow icon 67% less

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Deputy Manager Band 1 salary at Mahindra & Mahindra ranges between ₹12.8 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 26 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Deputy Manager Band 1

3d ago
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12 years exp.
3mo ago
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26 years exp.
1y ago
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10 years exp.

Experience wise Mahindra & Mahindra Deputy Manager Band 1 salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)

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₹15.2 L/yr - ₹19.4 L/yr
15+ years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr

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₹1.5 L/yr - ₹9.27 L/yr
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₹1.8 L/yr - ₹5.5 L/yr
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₹1.2 L/yr - ₹6 L/yr
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Salary related reviews for Mahindra & Mahindra

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

read more
  • Promotions - Poor

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.

read more

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

read more

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.

read more
  • Salary - Bad
  • +5 more

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

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Mahindra & Mahindra Deputy Manager Band 1 Salary FAQs

What is the notice period for Deputy Manager Band 1 at Mahindra & Mahindra?
According to AmbitionBox, 100% of the Mahindra & Mahindra Deputy Manager Band 1s reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Deputy Manager Band 1 salary in India ranges between ₹12.8 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.