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Mahindra Finance Assistant Manager salaries in India

Annual salary range
3 - 11 years exp.
₹1.9 Lakh - ₹9.5 Lakhs
Salary of majority employees
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33% less than the average Assistant Manager Salary in NBFC Companies for 3 - 11 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting
Assistant Manager Salary
3 - 9 years exp. (38 salaries)
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₹1.9 L/yr - ₹9.2 L/yr

Sales & Business Development
Assistant Manager Salary
3 - 11 years exp. (30 salaries)
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₹2.5 L/yr - ₹7.2 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
3 - 10 years exp. (21 salaries)
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₹2.2 L/yr - ₹10 L/yr

Marketing & Communication
Assistant Manager Salary
3 - 10 years exp. (16 salaries)
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₹3.6 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
3 - 10 years exp. (12 salaries)
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₹2.8 L/yr - ₹8.8 L/yr

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Last Updated: 14 Dec 2024

Companies similar to Mahindra Finance for Assistant Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (9.4k salaries)

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₹1.7 L/yr - ₹7.3 L/yr

arrow icon 32% less
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Bajaj Finance Assistant Manager Salary

0 - 13 years exp. (1.5k salaries)

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₹1.5 L/yr - ₹8 L/yr

arrow icon 15% less
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Tata Capital Assistant Manager Salary

0 - 8 years exp. (146 salaries)

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₹2.8 L/yr - ₹10.2 L/yr

arrow icon 31% more
1 job opening
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (10.2k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 28% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (15k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 28% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (12.7k salaries)

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₹1.1 L/yr - ₹5 L/yr

arrow icon 38% less
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Aditya Birla Capital Assistant Manager Salary

0 - 8 years exp. (249 salaries)

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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 19% less
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L&T Finance Assistant Manager Salary

1 - 9 years exp. (310 salaries)

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₹2.2 L/yr - ₹9 L/yr

arrow icon 3% more
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IDFC FIRST Bank Assistant Manager Salary

0 - 11 years exp. (1.6k salaries)

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₹2.1 L/yr - ₹7.1 L/yr

arrow icon 13% less
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (2.3k salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 32% less
1 job opening
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Assistant Manager salary at Mahindra Finance ranges between ₹1.9 Lakh to ₹9.5 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 199 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Assistant Manager

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Experience wise Mahindra Finance Assistant Manager salaries

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
3 years  (42 salaries)

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₹1.9 L/yr - ₹11 L/yr
4 years  (39 salaries)

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₹2.2 L/yr - ₹10 L/yr
5 years  (28 salaries)

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₹2.9 L/yr - ₹9.7 L/yr
6 years  (25 salaries)

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₹2.5 L/yr - ₹9.1 L/yr
7 years  (26 salaries)

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₹2.5 L/yr - ₹9 L/yr
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Mahindra Finance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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3 - 11 years exp.

Divisional Manager

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9 - 23 years exp.

Assistant Manager 3 - 11 years exp.
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Area Business Manager 5 - 18 years exp.
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arrow icon 54% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 114% hike

    From

    2 more levels

    To

    Assistant Manager

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    3 - 11 years exp.

    Senior Manager

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    4 - 14 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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    Assistant Branch Manager Salary
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    Senior Officer Salary
    (5 salaries)
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    ₹3.42 L/yr - ₹4.62 L/yr

    Top skills at Mahindra Finance for Assistant Manager

    SAP CO Human Resource Management Vendor Management Excel Selection

    Salary related reviews for Mahindra Finance

    3.6

    Rated by 95 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 09 Jun 2018

    3.0
     for  Salary and Benefits

    Likes

    Company norms is good ,but managers working style is bad,as they are very seniors in this company they are working in old fashion,their decision making is poor,other than that HR policies & company norms & team mate's are very good and supportive.

    read more
    • Job security - Good

    Dislikes

    Compensation is decent,no recognition for work,no work life balance.no team outings,no interaction between team members,no proper guidance by manager

    read more
    • Work satisfaction - Poor
    • +2 more

    Sales & Business Development Department

    4.0
      •  posted on 22 Jan 2022

    4.0
     for  Salary and Benefits

    Likes

    My experience is fantastic as I take chalanges and complete with in tat, as per my work company promote to time to time. Soft Skill and product training held by senior manager on time to time to grow yourself. Experience is amazing.

    read more
    • Salary - Good
    • +5 more

    Dislikes

    Career growth is good but salary not growth as per responsibility. If you join at low CTC your hike will be remain same as other even you promote in designation.

    read more

    Finance & Accounting Department

    3.0
      •  posted on 06 Jan 2021

    2.0
     for  Salary and Benefits

    Likes

    There is no support from management. As per their policy executives and ABM’s are immune to Corona Virus. They should go to field and work. The salaries are deducted and metal pressure is increasing day by day.

    read more

    Dislikes

    Mental Pressure Torturing subordinate Salary deduction

    • Salary - Poor
    • +5 more

    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.

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    So far no issues.

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 31 Jul 2020

    1.0
     for  Salary and Benefits

    Likes

    Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

    read more

    Dislikes

    ...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

    read more
    • Salary - Bad
    • +6 more
    see more salary related reviews

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    Mahindra Finance Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at Mahindra Finance?
    Assistant Manager salary at Mahindra Finance in India ranges between ₹1.9 Lakhs to ₹9.5 Lakhs for experience between 3 years to 11 years. According to our estimates it is 33% less than the average Assistant Manager Salary in India. Salary estimates are based on 199 latest salaries received from various employees of Mahindra Finance India.
    How does the salary of a Assistant Manager at Mahindra Finance India compare with the average salary range for this job?
    The average salary of a Assistant Manager at Mahindra Finance is 33% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Assistant Manager at Mahindra Finance?
    SAP CO, Human Resource Management, Vendor Management, Excel and Selection are some of the popular skills required to work as a Assistant Manager at Mahindra Finance India.
    Which similar companies are paying more than Mahindra Finance to a Assistant Manager in India?
    • Edelweiss Assistant Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
    • Tata Capital Assistant Manager Salary - ₹2.8 Lakhs to ₹10.2 Lakhs per year
    • SMFG India Credit Assistant Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
    • Bharat Financial Inclusion Assistant Manager Salary - ₹1.5 Lakhs to ₹8.3 Lakhs per year
    • LendingKart Assistant Manager Salary - ₹3.2 Lakhs to ₹8.3 Lakhs per year
    What is the salary of a Assistant Manager in companies similar to Mahindra Finance in India?
    • PNB Housing Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹8.7 Lakhs per year
    • Sammaan Capital Limited Assistant Manager Salary - ₹2.7 Lakhs to ₹10.3 Lakhs per year
    • L&T Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
    • Sundaram Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹7.6 Lakhs per year
    • Poonawalla Fincorp Assistant Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year
    What is the estimated take home salary of a Assistant Manager at Mahindra Finance in India?
    The estimated take-home salary of a Assistant Manager at Mahindra Finance ranges between ₹42,542 per month to ₹43,669 per month in India. The take-home salary calculation is based on the average Mahindra Finance Assistant Manager salary in India which ranges between ₹1.9 Lakhs to ₹9.5 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?
    What is the notice period for Assistant Manager at Mahindra Finance?
    According to AmbitionBox, 66% of the Mahindra Finance Assistant Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 145 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Mahindra Finance Assistant Manager salary in India ranges between ₹1.9 Lakh to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 199 Mahindra Finance latest salaries received from various employees of Mahindra Finance.