Mahindra & Mahindra Deputy Manager Grade 2 Salaries by 4 Employees (Updated 2025)

4 - 18 years exp.

₹12 Lakhs - ₹14.4 Lakhs

Low Confidence

Salary of majority employees

92% more than the average Deputy Manager Grade 2 Salary in Automobile Companies for 4 - 18 years of experience

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Salaries in different departments

Quality Assurance Deputy Manager Grade 2 Salary 9 - 18 years exp. (3 salaries)	₹13 L/yr - ₹14.4 L/yr
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Finance & Accounting Deputy Manager Grade 2 Salary 4 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 19 Jun 2024

Companies similar to Mahindra & Mahindra for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Deputy Manager Grade 2 Salary 5 - 6 years exp. (5 salaries)	₹12 L/yr - ₹18.5 L/yr 22% more
Ashok Leyland Deputy Manager Grade 2 Salary 1 - 12 years exp. (7 salaries)	₹11.5 L/yr - ₹12.9 L/yr 6% less
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Hero MotoCorp Deputy Manager Grade 2 Salary 13 - 16 years exp. (3 salaries)	₹14.5 L/yr - ₹17 L/yr 19% more
TVS Motor Deputy Manager Grade 2 Salary 0 - 12 years exp. (4 salaries)	₹13 L/yr - ₹18 L/yr 18% more
Swaraj Tractors Deputy Manager Grade 2 Salary 0 - 4 years exp. (3 salaries)	₹11 L/yr - ₹14 L/yr 7% less
Mahindra Automotives Deputy Manager Grade 2 Salary 7 - 16 years exp. (4 salaries)	₹8.5 L/yr - ₹17.7 L/yr 9% more

Deputy Manager Grade 2 salary at Mahindra & Mahindra ranges between ₹12 Lakhs to ₹14.4 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Deputy Manager Grade 2 salaries

Last Updated: 19 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.9 L/yr
5 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
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6 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
7 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.2 L/yr
10 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
13 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
15+ years (AmbitionBox Estimate)	₹13 L/yr - ₹14.4 L/yr

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Salary related reviews for Mahindra & Mahindra

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

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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Mahindra & Mahindra?

Deputy Manager Grade 2 salary at Mahindra & Mahindra in India ranges between ₹12.0 Lakhs to ₹14.4 Lakhs for experience between 4 years to 18 years. According to our estimates it is 92% more than the average Deputy Manager Grade 2 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 Deputy Manager Grade 2 at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Deputy Manager Grade 2 at Mahindra & Mahindra is 92% more than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Deputy Manager Grade 2 in India?

Maruti Suzuki Deputy Manager Grade 2 Salary - ₹12.0 Lakhs to ₹18.5 Lakhs per year
Hero MotoCorp Deputy Manager Grade 2 Salary - ₹14.5 Lakhs to ₹17.0 Lakhs per year
TVS Motor Deputy Manager Grade 2 Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
Mahindra Automotives Deputy Manager Grade 2 Salary - ₹8.5 Lakhs to ₹17.7 Lakhs per year

What is the salary of a Deputy Manager Grade 2 in companies similar to Mahindra & Mahindra in India?

Ashok Leyland Deputy Manager Grade 2 Salary - ₹11.5 Lakhs to ₹12.9 Lakhs per year
Swaraj Tractors Deputy Manager Grade 2 Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager Grade 2 at Mahindra & Mahindra in India?

The estimated take-home salary of a Deputy Manager Grade 2 at Mahindra & Mahindra ranges between ₹91,857 per month to ₹94,315 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Deputy Manager Grade 2 salary in India which ranges between ₹12.0 Lakhs to ₹14.4 Lakhs per year for employees with experience between 4 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Grade 2 at Mahindra & Mahindra?

According to AmbitionBox, 67% of the Mahindra & Mahindra Deputy Manager Grade 2s reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Deputy Manager Grade 2 Salaries

Mahindra & Mahindra Deputy Manager Grade 2 salary in India ranges between ₹12 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.