Mahindra Finance Assistant Manager Operations Salaries by 20+ Employees

1 - 8 years exp.

₹2.6 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Assistant Manager Operations Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Operations Salary 1 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Assistant Manager Operations Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr
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Finance & Accounting Assistant Manager Operations Salary 6 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr
Marketing & Communication Assistant Manager Operations Salary 3 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.5 L/yr

Last Updated: 8 Nov 2024

Companies similar to Mahindra Finance for Assistant Manager Operations

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager Operations Salary 1 - 8 years exp. (115 salaries)	₹2 L/yr - ₹4.6 L/yr 23% less
Bajaj Finance Assistant Manager Operations Salary 1 - 6 years exp. (57 salaries)	₹2.3 L/yr - ₹5.4 L/yr 8% less	3 job openings
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HDB Financial Services Assistant Manager Operations Salary 2 - 11 years exp. (28 salaries)	₹1.8 L/yr - ₹4 L/yr 44% less
Sammaan Capital Limited Assistant Manager Operations Salary 4 - 10 years exp. (27 salaries)	₹1.8 L/yr - ₹6.3 L/yr 14% less
PNB Housing Finance Assistant Manager Operations Salary 5 - 13 years exp. (20 salaries)	₹3.9 L/yr - ₹6.8 L/yr 24% more
Shriram Finance Assistant Manager Operations Salary 1 - 12 years exp. (14 salaries)	₹2.5 L/yr - ₹4.3 L/yr 29% less
IIFL Finance Assistant Manager Operations Salary 4 - 13 years exp. (13 salaries)	₹3.2 L/yr - ₹4.8 L/yr 13% less
Satin Creditcare Network Assistant Manager Operations Salary 2 - 9 years exp. (11 salaries)	₹3.4 L/yr - ₹4.8 L/yr 7% less
Manappuram Finance Assistant Manager Operations Salary 1 - 10 years exp. (11 salaries)	₹1.8 L/yr - ₹4.3 L/yr 36% less
Sundaram Finance Assistant Manager Operations Salary 0 - 12 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 2% less
LendingKart Assistant Manager Operations Salary 2 - 7 years exp. (9 salaries)	₹3.1 L/yr - ₹6.1 L/yr 9% less
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L&T Finance Assistant Manager Operations Salary 5 - 10 years exp. (9 salaries)	₹4.1 L/yr - ₹6.9 L/yr 26% more
Aavas Financiers Assistant Manager Operations Salary 4 - 7 years exp. (8 salaries)	₹2.3 L/yr - ₹4.8 L/yr 19% less
Capri Global Capital Assistant Manager Operations Salary 6 - 14 years exp. (7 salaries)	₹3.2 L/yr - ₹4.6 L/yr 10% less
TVS Credit Assistant Manager Operations Salary 4 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹5.8 L/yr 4% more
SMFG India Credit Assistant Manager Operations Salary 5 - 15 years exp. (7 salaries)	₹4.5 L/yr - ₹8 L/yr 29% more
Poonawalla Fincorp Assistant Manager Operations Salary 0 - 11 years exp. (7 salaries)	₹4 L/yr - ₹6.9 L/yr 6% more
Kotak Mahindra Prime Assistant Manager Operations Salary 4 - 7 years exp. (6 salaries)	₹3.1 L/yr - ₹4 L/yr 26% less
Ess Kay Fincorp Assistant Manager Operations Salary 1 - 11 years exp. (6 salaries)	₹2.8 L/yr - ₹4.1 L/yr 26% less
Muthoot Fincorp Assistant Manager Operations Salary 2 - 16 years exp. (5 salaries)	₹2.9 L/yr - ₹5.5 L/yr 29% less

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Assistant Manager Operations salary at Mahindra Finance ranges between ₹2.6 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 21 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Assistant Manager Operations

2mo ago

₹4.1 Lakhs

6 years exp.

3mo ago

₹2.6 Lakhs

3 years exp.

1y ago

₹5.5 Lakhs

8 years exp.

1y ago

₹4.1 Lakhs

5 years exp.

1y ago

₹4.1 Lakhs

6 years exp.

1y ago

1 year exp.

1y ago

7 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

Experience wise Mahindra Finance Assistant Manager Operations salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
Login to view exact salary
3 years (4 salaries)	₹2.6 L/yr - ₹6 L/yr
4 years (5 salaries)	₹4.1 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (4 salaries)	₹2.8 L/yr - ₹6.6 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

View all

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Salary related reviews for Mahindra Finance

3.9

Rated by 12 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

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Salary - Excellent

+6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

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.

Customer Associate in Warangal

Full Time

Finance & Accounting Department

1.0

• posted on 11 Feb 2023

1.0

for Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

... blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

Salary - Bad

+6 more

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

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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 Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Mahindra Finance ?

The average salary of a Assistant Manager Operations at Mahindra Finance in India typically ranges from ₹2.6 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Assistant Manager Operations at Mahindra Finance earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Assistant Manager Operations 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 20+ Mahindra Finance employees in India.

What is the estimated take home salary of a Assistant Manager Operations at Mahindra Finance in India?

The estimated take-home salary of a Assistant Manager Operations at Mahindra Finance in India typically ranges from ₹33,998 to ₹35,253 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

SMFG India Credit	₹4.5 Lakhs to ₹8.0 Lakhs per year
L&T Finance	₹4.1 Lakhs to ₹6.9 Lakhs per year
PNB Housing Finance	₹3.9 Lakhs to ₹6.8 Lakhs per year
Poonawalla Fincorp	₹4.0 Lakhs to ₹6.9 Lakhs per year
Tata Capital Housing Finance	₹4.5 Lakhs to ₹4.8 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 Assistant Manager Operations in companies similar to Mahindra Finance in India?

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

TVS Credit	₹3.8 Lakhs to ₹5.8 Lakhs per year
Sundaram Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year
Five-Star Business Finance	₹2.7 Lakhs to ₹6.0 Lakhs per year
Satin Creditcare Network	₹3.4 Lakhs to ₹4.8 Lakhs per year
Bajaj Finance	₹2.3 Lakhs to ₹5.4 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 Assistant Manager Operations at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹4.4 Lakhs to ₹5.6 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹6.0 Lakhs per year
4 years	₹4.1 Lakhs to ₹6.3 Lakhs per year

and so on.

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Mahindra Finance Assistant Manager Operations Salaries

Mahindra Finance Assistant Manager Operations salary in India ranges between ₹2.6 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Mahindra Finance latest salaries received from various employees of Mahindra Finance.