Mahindra Finance Ranchi Assistant Manager Salaries by 4 Employees (Updated 2025)

5 - 8 years exp.

₹3 Lakhs - ₹5.3 Lakhs

Salary of majority employees

32% less than the average Assistant Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5.3 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.2 L/yr

Last Updated: 26 Sep 2024

Companies similar to Mahindra Finance for Assistant Manager in Ranchi

Mahindra Finance Assistant Manager Salary

5 - 8 years exp. (4 salaries)

₹3 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Satin Creditcare Network Assistant Manager Salary 4 - 7 years exp. (6 salaries)	₹3.1 L/yr - ₹4.5 L/yr 18% less
Cholamandalam Investment & Finance Assistant Manager Salary 3 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹6 L/yr 7% more	1 job opening
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Muthoot Microfin Assistant Manager Salary 3 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 34% less
Jindal Steel and Power Assistant Manager Salary 1 - 14 years exp. (67 salaries)	₹4.1 L/yr - ₹11.7 L/yr 87% more
Usha Martin Assistant Manager Salary 4 - 12 years exp. (79 salaries)	₹4.3 L/yr - ₹9.6 L/yr 50% more

Assistant Manager salary at Mahindra Finance ranges between ₹3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Assistant Manager salaries in Ranchi

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
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7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

From

Assistant Manager

₹

Lakhs/yr

4 - 13 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Assistant Manager 4 - 13 years exp.

Area Business Manager 4 - 18 years exp.

67% hike

Divisional Manager 9 - 23 years exp.

109% hike

From

2 more levels

Assistant Manager

4 - 13 years exp.

Senior Manager

4 - 18 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.

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(10 salaries)

₹4.85 L/yr - ₹8 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

1.1

Rated by 3 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.

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

Work satisfaction - Poor

+2 more

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.

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.

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

Salary - Poor

+5 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.

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.

Salary - Bad

+6 more

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Finance Assistant Manager Salary FAQs

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

Assistant Manager salary at Mahindra Finance in Ranchi ranges between ₹3.0 Lakhs to ₹5.3 Lakhs for experience between 5 years to 8 years. According to our estimates it is 32% less than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance Ranchi.

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

The average salary of a Assistant Manager at Mahindra Finance is 32% less than the average salary of a Assistant Manager in Ranchi. 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 Ranchi.

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

Jindal Steel and Power Assistant Manager Salary - ₹4.1 Lakhs to ₹11.7 Lakhs per year
Usha Martin Assistant Manager Salary - ₹4.3 Lakhs to ₹9.6 Lakhs per year
Cholamandalam Investment & Finance Assistant Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year

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

Satin Creditcare Network Assistant Manager Salary - ₹3.1 Lakhs to ₹4.5 Lakhs per year
Muthoot Microfin Assistant Manager Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Mahindra Finance ranges between ₹37,389 per month to ₹38,593 per month in Ranchi. The take-home salary calculation is based on the average Mahindra Finance Assistant Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Mahindra Finance Assistant Managers in Ranchi reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Finance Assistant Manager Salaries in Ranchi

Mahindra Finance Assistant Manager salary in Ranchi ranges between ₹3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.