Mahindra Finance Associate Manager Salaries by 3 Employees (Updated 2025)

5 - 9 years exp.

₹4.3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Associate Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

Finance & Accounting Associate Manager Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Associate Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.1 L/yr

Last Updated: 21 Dec 2024

Companies similar to Mahindra Finance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Associate Manager Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹6 L/yr 7% more
HDFC Bank Associate Manager Salary 0 - 8 years exp. (25 salaries)	₹2.5 L/yr - ₹6 L/yr 14% less
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Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 18% more
L&T Finance Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹5.3 L/yr - ₹8 L/yr 34% more
Cholamandalam Investment & Finance Associate Manager Salary 0 - 8 years exp. (59 salaries)	₹1.8 L/yr - ₹3.3 L/yr 44% less
Muthoot Finance Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr 21% less
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹8.5 L/yr 28% more
Edelweiss Associate Manager Salary 1 - 10 years exp. (8 salaries)	₹5 L/yr - ₹12 L/yr 55% more
Sammaan Capital Limited Associate Manager Salary 1 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 7% less
IIFL Finance Associate Manager Salary 1 - 13 years exp. (13 salaries)	₹3.2 L/yr - ₹5 L/yr 19% less
Manappuram Finance Associate Manager Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 27% less
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Sundaram Finance Associate Manager Salary 3 - 13 years exp. (5 salaries)	₹4.1 L/yr - ₹17.4 L/yr 110% more
Kotak Mahindra Prime Associate Manager Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 39% less
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 17% more
Aavas Financiers Associate Manager Salary 0 - 3 years exp. (4 salaries)	₹3.9 L/yr - ₹10.5 L/yr 28% more
HDB Financial Services Associate Manager Salary 4 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 20% less
Satin Creditcare Network Associate Manager Salary 4 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 11% less
IDFC FIRST Bharat Associate Manager Salary 0 - 11 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 23% less
Poonawalla Fincorp Associate Manager Salary 0 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹8.1 L/yr 38% more

Associate Manager salary at Mahindra Finance ranges between ₹4.3 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Associate Manager salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

Similar Designation salaries in Mahindra Finance

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹29.1 L/yr

Technical Manager Salary

(5 salaries)

₹3 L/yr - ₹5.8 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Module Lead Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Software Engineer Salary

(9 salaries)

₹3 L/yr - ₹7.62 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Technical Lead Salary

(3 salaries)

₹13.01 L/yr - ₹18.5 L/yr

Senior Engineer Salary

(3 salaries)

₹10 L/yr - ₹38 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Salary related reviews for Mahindra Finance

5.0

Rated by 2 employees for salary & benefits

Senior Engineer in Aurangaba Maharashtra

Technical Department

4.0

• posted on 25 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

Salary - Good

+1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

Job security - Poor

+3 more

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Circle Head in Kolkata

Full Time

Strategic & Top Management Department

3.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Earlier it used to be Culture and company policies. But since the management has changed it’s a pathetic situation. Old employees at senior level of 22+ years in the organisation has also been sacked.

Dislikes

No work life balance Low salary growth for existing employees Weak management Poor policy

Salary - Poor

+5 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....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

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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 Associate Manager Salary FAQs

What is the notice period for Associate Manager at Mahindra Finance?

According to AmbitionBox, 60% of the Mahindra Finance Associate Managers reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Mahindra Finance Associate Manager Salaries

Mahindra Finance Associate Manager salary in India ranges between ₹4.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Associate Manager salaries in India

Companies similar to Mahindra Finance for Associate Manager

Latest annual salaries shared by Mahindra Finance Associate Manager

Experience wise Mahindra Finance Associate Manager salaries

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Senior Engineer in Aurangaba Maharashtra

Area Business Manager in Hyderabad / Secunderabad

Circle Head in Kolkata

Senior Business Executive in Port Blair

Area Business Manager in Kanpur

Mahindra Finance Associate Manager Salary FAQs

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