Mahindra Finance Mumbai Assistant Manager Salaries by 40+ Employees (Updated 2025)

4 - 10 years exp.

₹2.9 Lakhs - ₹9.5 Lakhs

Salary of majority employees

30% less than the average Assistant Manager Salary in NBFC Companies for 4 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Assistant Manager Salary 4 - 9 years exp. (15 salaries)	₹4 L/yr - ₹6.2 L/yr
Administration & Facilities Assistant Manager Salary 4 - 9 years exp. (7 salaries)	₹4 L/yr - ₹6.1 L/yr
Login to view exact salary
BFSI, Investments & Trading Assistant Manager Salary 5 - 9 years exp. (6 salaries)	₹2.9 L/yr - ₹7.6 L/yr
Customer Success, Service & Operations Assistant Manager Salary 6 - 10 years exp. (5 salaries)	₹4.1 L/yr - ₹6.5 L/yr
Data Science & Analytics Assistant Manager Salary 4 - 7 years exp. (5 salaries)	₹5.5 L/yr - ₹9.5 L/yr

View all

Last Updated: 2 Aug 2024

Companies similar to Mahindra Finance for Assistant Manager in Mumbai

Mahindra Finance Assistant Manager Salary

4 - 10 years exp. (47 salaries)

₹2.9 L/yr - ₹9.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 33% less
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (121 salaries)	₹1.8 L/yr - ₹7.6 L/yr 16% less
Login to view exact salary
Tata Capital Assistant Manager Salary 0 - 9 years exp. (95 salaries)	₹3 L/yr - ₹10.2 L/yr 33% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 30% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹5.8 L/yr 30% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1.1 L/yr - ₹5 L/yr 39% less
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (67 salaries)	₹2.7 L/yr - ₹9 L/yr 18% less
L&T Finance Assistant Manager Salary 1 - 9 years exp. (128 salaries)	₹3.1 L/yr - ₹9 L/yr 7% more	1 job opening
IDFC FIRST Bank Assistant Manager Salary 0 - 10 years exp. (528 salaries)	₹2.3 L/yr - ₹6.6 L/yr 16% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (573 salaries)	₹1.5 L/yr - ₹6.2 L/yr 34% less
Edelweiss Assistant Manager Salary 0 - 9 years exp. (327 salaries)	₹3.8 L/yr - ₹15 L/yr 51% more
Login to view exact salary
HDB Financial Services Assistant Manager Salary 1 - 14 years exp. (134 salaries)	₹1.8 L/yr - ₹9.5 L/yr 17% less
IIFL Finance Assistant Manager Salary 0 - 11 years exp. (108 salaries)	₹2.4 L/yr - ₹6.4 L/yr 32% less
SMFG India Credit Assistant Manager Salary 1 - 11 years exp. (89 salaries)	₹4.1 L/yr - ₹14 L/yr 43% more
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (77 salaries)	₹2.4 L/yr - ₹6 L/yr 28% less	2 job openings
Capri Global Capital Assistant Manager Salary 2 - 9 years exp. (40 salaries)	₹3.1 L/yr - ₹7.5 L/yr 3% less	1 job opening
Sammaan Capital Limited Assistant Manager Salary 4 - 13 years exp. (36 salaries)	₹3 L/yr - ₹10 L/yr 4% more
Kotak Mahindra Prime Assistant Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹4.8 L/yr 39% less
Manappuram Finance Assistant Manager Salary 1 - 7 years exp. (29 salaries)	₹1.2 L/yr - ₹6 L/yr 38% less
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (20 salaries)	₹2.6 L/yr - ₹8 L/yr 19% less

View all

Assistant Manager salary at Mahindra Finance ranges between ₹2.9 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 47 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Assistant Manager salaries in Mumbai

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
4 years (7 salaries)	₹4 L/yr - ₹9.5 L/yr
5 years (7 salaries)	₹4 L/yr - ₹8 L/yr
Login to view exact salary
6 years (8 salaries)	₹4 L/yr - ₹6 L/yr
7 years (13 salaries)	₹4 L/yr - ₹7.6 L/yr
8 years (5 salaries)	₹4.1 L/yr - ₹10.1 L/yr
9 years (6 salaries)	₹2.9 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(65 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Sales Manager Salary

(5 salaries)

₹4.45 L/yr - ₹8 L/yr

Senior Officer Salary

(5 salaries)

₹3.1 L/yr - ₹4.1 L/yr

Top skills at Mahindra Finance for Assistant Manager

Human Resource Management Selection Recruitment Written Communication Project Scheduling

Salary related reviews for Mahindra Finance

3.7

Rated by 7 employees for salary & benefits

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Assistant Manager Salary FAQs

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

Assistant Manager salary at Mahindra Finance in Mumbai ranges between ₹2.9 Lakhs to ₹9.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 30% less than the average Assistant Manager Salary in India. Salary estimates are based on 47 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Assistant Manager at Mahindra Finance is 30% less than the average salary of a Assistant Manager in Mumbai. 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, Written Communication and Project Scheduling are some of the popular skills required to work as a Assistant Manager at Mahindra Finance Mumbai.

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

Edelweiss Assistant Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹4.1 Lakhs to ₹14.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹3.0 Lakhs to ₹10.2 Lakhs per year
L&T Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year

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

Tata Capital Housing Finance Assistant Manager Salary - ₹5.2 Lakhs to ₹8.1 Lakhs per year
PNB Housing Finance Assistant Manager Salary - ₹5.1 Lakhs to ₹8.6 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹4.0 Lakhs to ₹8.1 Lakhs per year
Sundaram Finance Assistant Manager Salary - ₹4.8 Lakhs to ₹6.6 Lakhs per year
Capri Global Capital Assistant Manager Salary - ₹3.1 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Mahindra Finance ranges between ₹43,549 per month to ₹44,662 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Assistant Manager salary in India which ranges between ₹2.9 Lakhs to ₹9.5 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 Mumbai?

According to AmbitionBox, 60% of the Mahindra Finance Assistant Managers in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Assistant Manager Salaries >
Mahindra Finance Assistant Manager Salaries in Mumbai

Mahindra Finance Assistant Manager salary in Mumbai ranges between ₹2.9 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 47 Mahindra Finance latest salaries received from various employees of Mahindra Finance.