Mahindra Finance Mumbai Administration Manager Salaries by 7 Employees

11 - 18 years exp.

₹9 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% more than the average Administration Manager Salary in NBFC Companies for 11 - 18 years of experience

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Last Updated: 6 Jul 2024

Companies similar to Mahindra Finance for Administration Manager in Mumbai

Mahindra Finance Administration Manager Salary

11 - 18 years exp. (7 salaries)

₹9 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Administration Manager Salary 6 - 11 years exp. (4 salaries)	₹4.4 L/yr - ₹11.7 L/yr 27% less
Capri Global Capital Administration Manager Salary 12 - 13 years exp. (3 salaries)	₹5.9 L/yr - ₹9.7 L/yr 40% less
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ICICI Lombard General Insurance Company Administration Manager Salary 4 - 15 years exp. (16 salaries)	₹4 L/yr - ₹9.4 L/yr 34% less	1 job opening
HDFC Bank Administration Manager Salary 10 - 15 years exp. (13 salaries)	₹7.8 L/yr - ₹12 L/yr 11% less
Mahindra & Mahindra Administration Manager Salary 10 - 27 years exp. (11 salaries)	₹7.2 L/yr - ₹25 L/yr 44% more

Administration Manager salary at Mahindra Finance ranges between ₹9 Lakhs to ₹12.5 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Administration Manager salaries in Mumbai

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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13 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (4 salaries)	₹9 L/yr - ₹12.5 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(83 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Administration Executive Salary

(3 salaries)

₹3.12 L/yr - ₹4.2 L/yr

Top skills at Mahindra Finance for Administration Manager

Vendor Management Travel Management Facility Management Facility Administration Infrastructure Setup Property Management Compliance Management Housekeeping Management Analytical Ability Administration Management Interpersonal Skills Communication Skills Compliance Negotiation Skills

Salary related reviews for Mahindra Finance

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

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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 Finance Administration Manager Salary FAQs

What is the salary of Administration Manager at Mahindra Finance in Mumbai?

The average salary of a Administration Manager at Mahindra Finance in Mumbai typically ranges from ₹9.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Administration Manager in Mumbai at Mahindra Finance earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Administration Manager Salaries at Mahindra Finance 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 7 Mahindra Finance employees in India.

What is the estimated take home salary of a Administration Manager at Mahindra Finance in Mumbai?

The estimated take-home salary of a Administration Manager at Mahindra Finance in Mumbai typically ranges from ₹73,581 to ₹75,482 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 11 years to 18 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 7 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Administration Manager at Mahindra Finance in Mumbai?

To be a Administration Manager at Mahindra Finance in Mumbai, the key skills required include:

- Vendor Management
- Travel Management
- Facility Management
- Facility Administration
- Infrastructure Setup

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Administration Manager in India?

Mahindra & Mahindra

₹7.2 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Administration Manager in companies similar to Mahindra Finance in Mumbai?

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

HDFC Bank	₹7.8 Lakhs to ₹12.0 Lakhs per year
Shriram Finance	₹4.4 Lakhs to ₹11.7 Lakhs per year
ICICI Lombard General Insurance Company	₹4.0 Lakhs to ₹9.4 Lakhs per year
Capri Global Capital	₹5.9 Lakhs to ₹9.7 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 Administration Manager at Mahindra Finance in Mumbai?

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

Experience	Average Salary Range
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
13 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
14 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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Mahindra Finance Administration Manager Salaries in Mumbai

Mahindra Finance Administration Manager salary in Mumbai ranges between ₹9 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.