Mahindra Finance Banking Operations Manager Salaries by Employees (Updated 2025)

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₹4.3 Lakhs - ₹5.5 Lakhs

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Last Updated: 3 Jun 2024

Companies similar to Mahindra Finance for Banking Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Operations Manager Salary 1 - 19 years exp. (53 salaries)	₹1.9 L/yr - ₹9.6 L/yr 26% more
Muthoot Finance Banking Operations Manager Salary 1 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 28% less
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HDB Financial Services Banking Operations Manager Salary 1 - 14 years exp. (6 salaries)	₹1.6 L/yr - ₹7 L/yr 18% less
Manappuram Finance Banking Operations Manager Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 45% less
Kotak Mahindra Prime Banking Operations Manager Salary 16 - 28 years exp. (3 salaries)	₹3.2 L/yr - ₹5.5 L/yr 20% less

Banking Operations Manager salary at Mahindra Finance ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Mahindra Finance.

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Salary related reviews for Mahindra Finance

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.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Dislikes

Only salary package..

Customer Service Manager in Kolkata

Finance & Accounting Department

1.0

• posted on 04 Dec 2020

2.0

for Salary and Benefits

Likes

...ation from last 8 months every employees suffering for salery isse, every month dedicating our 6k to 7k salary / month

Dislikes

1st of all salary issue

Customer Service Manager

Finance Department

1.0

• posted on 22 Sep 2017

1.0

for Salary and Benefits

Likes

... there is no culture and no job security . Managers not approve travel claim. Compeny has not given salary of my notice period .

Dislikes

There is No culture

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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?

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Mahindra Finance Banking Operations Manager Salary FAQs

What is the notice period for Banking Operations Manager at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Banking Operations Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Finance Banking Operations Manager Salaries

Mahindra Finance Banking Operations Manager salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.