Mahindra Finance Chief IT Manager Salaries by 4 Employees (Updated 2025)

11 - 17 years exp.

₹15 Lakhs - ₹29.4 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

8% less than the average Chief IT Manager Salary in NBFC Companies for 11 - 17 years of experience

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Salaries in different departments

IT & Information Security Chief IT Manager Salary 11 - 15 years exp. (3 salaries)	₹15 L/yr - ₹29.4 L/yr
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Project & Program Management Chief IT Manager Salary 17 years exp. (AmbitionBox Estimate)	₹19.4 L/yr - ₹23.7 L/yr

Last Updated: 12 Feb 2025

Companies similar to Mahindra Finance for Chief IT Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Chief IT Manager Salary 16 - 18 years exp. (3 salaries)	₹9.9 L/yr - ₹12.7 L/yr 49% less
Utkarsh Small Finance Bank Chief IT Manager Salary 14 - 16 years exp. (5 salaries)	₹11.5 L/yr - ₹20 L/yr 30% less
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Kotak Mahindra Bank Chief IT Manager Salary 11 - 14 years exp. (5 salaries)	₹16 L/yr - ₹30 L/yr 12% more
Central Bank of India Chief IT Manager Salary 18 - 23 years exp. (4 salaries)	₹31.8 L/yr - ₹45 L/yr 55% more
ICICI Bank Chief IT Manager Salary 9 - 12 years exp. (4 salaries)	₹22.5 L/yr - ₹40 L/yr 33% more

Chief IT Manager salary at Mahindra Finance ranges between ₹15 Lakhs to ₹29.4 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Chief IT Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.5 L/yr
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15+ years (AmbitionBox Estimate)	₹19 L/yr - ₹24.3 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(345 salaries)

₹4 L/yr - ₹12 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.7 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹29.1 L/yr

Product Manager Salary

(18 salaries)

₹9.25 L/yr - ₹34.17 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Technical Manager Salary

(5 salaries)

₹3 L/yr - ₹5.8 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Senior Project Manager Salary

(4 salaries)

₹15 L/yr - ₹28.8 L/yr

Project Coordinator Salary

(5 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Project Lead Salary

(3 salaries)

₹16.5 L/yr - ₹20 L/yr

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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

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..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 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.

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....

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Option 2

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Mahindra Finance Chief IT Manager Salary FAQs

What is the salary of Chief IT Manager at Mahindra Finance ?

The average salary of a Chief IT Manager at Mahindra Finance in India typically ranges from ₹15.0 Lakhs to ₹29.4 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Chief IT Manager at Mahindra Finance earn more than ₹29.4 Lakhs per year, and the top 1% earn over ₹29.4 Lakhs per year. Chief IT Manager Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mahindra Finance employees in India.

What is the estimated take home salary of a Chief IT Manager at Mahindra Finance in India?

The estimated take-home salary of a Chief IT Manager at Mahindra Finance in India typically ranges from ₹1,40,558 to ₹1,45,777 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹29.4 Lakhs per year for employees with experience ranging from 11 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Chief IT Manager in India?

Central Bank of India	₹31.8 Lakhs to ₹45.0 Lakhs per year
ICICI Bank	₹22.5 Lakhs to ₹40.0 Lakhs per year
Kotak Mahindra Bank	₹16.0 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.

What is the salary of a Chief IT Manager in companies similar to Mahindra Finance in India?

The salary of a Chief IT Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank	₹11.5 Lakhs to ₹20.0 Lakhs per year
Muthoot Finance	₹9.9 Lakhs to ₹12.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Chief IT Manager at Mahindra Finance in India?

The salary growth for a Chief IT Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Chief IT Manager can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
11 years	₹20.0 Lakhs to ₹25.5 Lakhs per year
15 years	₹19.0 Lakhs to ₹24.3 Lakhs per year

and so on.

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Mahindra Finance Chief IT Manager Salaries

Mahindra Finance Chief IT Manager salary in India ranges between ₹15 Lakhs to ₹29.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.