Mahindra Finance Chennai Assistant Manager Salaries by 10+ Employees (Updated 2024)

4 - 10 years exp.

₹3.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

41% less than the average Assistant Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 6 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.5 L/yr
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Marketing & Communication Assistant Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr
Sales & Business Development Assistant Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.7 L/yr
Legal & Regulatory Assistant Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹4.6 L/yr - ₹5 L/yr

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Last Updated: 3 Oct 2024

Companies similar to Mahindra Finance for Assistant Manager in Chennai

Mahindra Finance Assistant Manager Salary

4 - 10 years exp. (14 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.3k salaries)	₹1.8 L/yr - ₹7 L/yr 23% less
Bajaj Finance Assistant Manager Salary 0 - 10 years exp. (83 salaries)	₹2 L/yr - ₹6.3 L/yr 4% less
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (674 salaries)	₹2 L/yr - ₹5.3 L/yr 19% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (1k salaries)	₹1.8 L/yr - ₹5.9 L/yr 17% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 10 years exp. (632 salaries)	₹1.3 L/yr - ₹4.7 L/yr 28% less
Aditya Birla Capital Assistant Manager Salary 2 - 9 years exp. (46 salaries)	₹2.2 L/yr - ₹6 L/yr 9% less
L&T Finance Assistant Manager Salary 2 - 9 years exp. (12 salaries)	₹3.1 L/yr - ₹8 L/yr 17% more
IDFC FIRST Bank Assistant Manager Salary 1 - 11 years exp. (94 salaries)	₹2.9 L/yr - ₹6.2 L/yr 2% more
IndusInd Bank Assistant Manager Salary 0 - 9 years exp. (216 salaries)	₹2 L/yr - ₹5.2 L/yr 21% less
TVS Credit Assistant Manager Salary 1 - 12 years exp. (117 salaries)	₹3 L/yr - ₹8.5 L/yr 18% more	1 job opening
Muthoot Finance Assistant Manager Salary 0 - 10 years exp. (106 salaries)	₹2.2 L/yr - ₹5 L/yr 17% less
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Sundaram Finance Assistant Manager Salary 0 - 10 years exp. (87 salaries)	₹3.1 L/yr - ₹7.6 L/yr 11% more
Cholamandalam Investment & Finance Assistant Manager Salary 0 - 8 years exp. (67 salaries)	₹1.6 L/yr - ₹10.3 L/yr 13% more	1 job opening
Shriram Finance Assistant Manager Salary 0 - 13 years exp. (63 salaries)	₹1.7 L/yr - ₹5 L/yr 26% less	2 job openings
Manappuram Finance Assistant Manager Salary 0 - 7 years exp. (52 salaries)	₹1.4 L/yr - ₹4.5 L/yr 38% less
Kotak Mahindra Prime Assistant Manager Salary 1 - 8 years exp. (24 salaries)	₹2.4 L/yr - ₹4.8 L/yr 22% less
IDFC FIRST Bharat Assistant Manager Salary 2 - 7 years exp. (14 salaries)	₹2.1 L/yr - ₹5.4 L/yr 28% less
Muthoot Fincorp Assistant Manager Salary 3 - 10 years exp. (9 salaries)	₹2 L/yr - ₹5 L/yr 12% less
SMFG India Credit Assistant Manager Salary 1 - 10 years exp. (9 salaries)	₹3.3 L/yr - ₹10.7 L/yr 42% more
Sammaan Capital Limited Assistant Manager Salary 6 - 12 years exp. (8 salaries)	₹3 L/yr - ₹5.9 L/yr 10% more

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Assistant Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Assistant Manager salaries in Chennai

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (4 salaries)	₹3.1 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.6 L/yr
8 years (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr
9 years (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8 L/yr

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Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(14 salaries)

₹5 L/yr - ₹10 L/yr

Top skills at Mahindra Finance for Assistant Manager

Human Resource Management Selection Recruitment Administration Management Research Analysis

Salary related reviews for Mahindra Finance

Assistant Manager in Hyderabad / Secunderabad

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.

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

Assistant Manager in HO In Mumbai

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.

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.

Assistant Manager in Ajmer

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.

Dislikes

Mental Pressure Torturing subordinate Salary deduction

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.

Dislikes

So far no issues.

Relationship Manager in Chandigarh

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Assistant Manager Salary FAQs

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

Assistant Manager salary at Mahindra Finance in Chennai ranges between ₹3.1 Lakhs to ₹5.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 41% less than the average Assistant Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance Chennai.

How does the salary of a Assistant Manager at Mahindra Finance Chennai compare with the average salary range for this job?

The average salary of a Assistant Manager at Mahindra Finance is 41% less than the average salary of a Assistant Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Mahindra Finance?

Human Resource Management, Selection, Recruitment, Administration Management and Research Analysis are some of the popular skills required to work as a Assistant Manager at Mahindra Finance Chennai.

Which similar companies are paying more than Mahindra Finance to a Assistant Manager in Chennai?

SMFG India Credit Assistant Manager Salary - ₹3.3 Lakhs to ₹10.7 Lakhs per year
TVS Credit Assistant Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
L&T Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
Cholamandalam Investment & Finance Assistant Manager Salary - ₹1.6 Lakhs to ₹10.3 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹4.0 Lakhs to ₹5.4 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Mahindra Finance in Chennai?

Sundaram Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹7.6 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.0 Lakhs to ₹5.9 Lakhs per year
IDFC FIRST Bank Assistant Manager Salary - ₹2.9 Lakhs to ₹6.2 Lakhs per year
Reliance Capital Assistant Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance Assistant Manager Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Mahindra Finance ranges between ₹35,992 per month to ₹37,217 per month in Chennai. The take-home salary calculation is based on the average Mahindra Finance Assistant Manager salary in India which ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Mahindra Finance in Chennai?

According to AmbitionBox, 67% of the Mahindra Finance Assistant Managers in Chennai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra Finance Assistant Manager Salaries in Chennai

Mahindra Finance Assistant Manager salary in Chennai ranges between ₹3.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Mahindra Finance latest salaries received from various employees of Mahindra Finance.