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

0 - 13 years exp.

₹15.5 Lakhs - ₹19.8 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 1 Feb 2025

Companies similar to Mahindra & Mahindra for Risk Manager in Mumbai

Mahindra & Mahindra Risk Manager Salary

0 - 13 years exp. (AmbitionBox Estimate)

₹15.5 L/yr - ₹19.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Risk Manager Salary 0 - 6 years exp. (36 salaries)	₹9 L/yr - ₹24 L/yr 10% more
ICICI Bank Risk Manager Salary 0 - 5 years exp. (31 salaries)	₹6.1 L/yr - ₹24 L/yr 14% less
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HDFC Bank Risk Manager Salary 1 - 9 years exp. (22 salaries)	₹7 L/yr - ₹22.7 L/yr 25% less
Axis Bank Risk Manager Salary 1 - 17 years exp. (21 salaries)	₹7.2 L/yr - ₹20 L/yr 20% less
UBS Risk Manager Salary 3 - 10 years exp. (16 salaries)	₹14.5 L/yr - ₹34.5 L/yr 52% more

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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What people are saying about Mahindra & Mahindra

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divitr

works at

Mahindra & Mahindra

Budget 2025 was a bummer!

I am earning 13.5 lpa and appraisal would be around 8-9% this year...so next fiscal year I would be earning around 14.6. it is kind of disappointing to see how a person who earns less than me gets more money in hand and it would take me almost two more years and appraisals to get that money in hand. Any clarifications or suggestions on tax saving is appreciated!..thanks

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Mahindra & Mahindra Risk Manager Salary FAQs

What is the notice period for Risk Manager at Mahindra & Mahindra in Mumbai?

According to AmbitionBox, 50% of the Mahindra & Mahindra Risk Managers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Risk Manager Salaries in Mumbai

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