Mahindra & Mahindra Risk Manager Salaries by 2 Employees (Updated 2025)

0 - 13 years exp.

₹15.5 Lakhs - ₹19.8 Lakhs

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Last Updated: 16 Mar 2025

Companies similar to Mahindra & Mahindra for Risk Manager

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L&T Finance Risk Manager Salary 0 - 8 years exp. (175 salaries)	₹2.4 L/yr - ₹6.1 L/yr 78% less
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Yes Bank Risk Manager Salary 1 - 12 years exp. (87 salaries)	₹6 L/yr - ₹19 L/yr 40% less
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Risk Manager salary at Mahindra & Mahindra ranges between ₹15.5 Lakhs to ₹19.8 Lakhs per year for employees with less than 1 year of experience to 13 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

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.

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra & Mahindra Risk Manager Salary FAQs

How the salary growth look like for a Risk Manager at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹4.1 Lakhs to ₹5.2 Lakhs per year
13 years	₹27.0 Lakhs to ₹34.5 Lakhs per year

and so on.

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Mahindra & Mahindra Risk Manager Salaries

Mahindra & Mahindra Risk Manager salary in India ranges between ₹15.5 Lakhs to ₹19.8 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra & Mahindra.