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Mahindra Finance Chief Manager salaries in India

Annual salary range
3 - 19 years exp.
₹15 Lakhs - ₹30 Lakhs
Salary of majority employees
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At par with the average Chief Manager Salary in NBFC Companies for 3 - 19 years of experience

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Salaries in different departments

Risk Management & Compliance
Chief Manager Salary
6 - 19 years exp. (7 salaries)
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₹17 L/yr - ₹27 L/yr

Data Science & Analytics
Chief Manager Salary
5 - 15 years exp. (6 salaries)
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₹21 L/yr - ₹27 L/yr

BFSI, Investments & Trading
Chief Manager Salary
17 - 19 years exp. (3 salaries)
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₹15.3 L/yr - ₹27.5 L/yr

Human Resources
Chief Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹25 L/yr

Marketing & Communication
Chief Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹22.9 L/yr - ₹26 L/yr

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Last Updated: 16 Dec 2024

Companies similar to Mahindra Finance for Chief Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Chief Manager Salary

4 - 16 years exp. (18 salaries)

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₹8 L/yr - ₹26 L/yr

arrow icon 23% less
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ICICI Bank Chief Manager Salary

5 - 23 years exp. (2k salaries)

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₹12.5 L/yr - ₹37 L/yr

arrow icon 15% more
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Axis Bank Chief Manager Salary

9 - 15 years exp. (7 salaries)

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₹13 L/yr - ₹18 L/yr

arrow icon 19% less
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Bajaj Finance Chief Manager Salary

2 - 17 years exp. (3 salaries)

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₹8.5 L/yr - ₹30 L/yr

arrow icon 2% less
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Kotak Mahindra Bank Chief Manager Salary

5 - 16 years exp. (1k salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 13% less
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Edelweiss Chief Manager Salary

6 - 16 years exp. (189 salaries)

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₹10 L/yr - ₹37.9 L/yr

arrow icon 1% more
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L&T Finance Chief Manager Salary

10 - 18 years exp. (67 salaries)

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₹19.8 L/yr - ₹52 L/yr

arrow icon 79% more
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TVS Credit Chief Manager Salary

8 - 20 years exp. (66 salaries)

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₹17 L/yr - ₹41 L/yr

arrow icon 47% more
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Manappuram Finance Chief Manager Salary

7 - 15 years exp. (53 salaries)

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₹4.5 L/yr - ₹14.9 L/yr

arrow icon 61% less
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IDFC FIRST Bharat Chief Manager Salary

10 - 19 years exp. (31 salaries)

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₹7.5 L/yr - ₹19.7 L/yr

arrow icon 37% less
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Aditya Birla Capital Chief Manager Salary

6 - 18 years exp. (30 salaries)

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₹13 L/yr - ₹34.2 L/yr

arrow icon 2% less
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Kotak Mahindra Prime Chief Manager Salary

5 - 19 years exp. (22 salaries)

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₹11 L/yr - ₹19 L/yr

arrow icon 29% less
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Poonawalla Fincorp Chief Manager Salary

4 - 15 years exp. (20 salaries)

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₹15.7 L/yr - ₹26 L/yr

arrow icon 7% less
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Muthoot Microfin Chief Manager Salary

7 - 19 years exp. (18 salaries)

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₹8.4 L/yr - ₹19 L/yr

arrow icon 37% less
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Capri Global Capital Chief Manager Salary

7 - 16 years exp. (16 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 8% less
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Sammaan Capital Limited Chief Manager Salary

3 - 15 years exp. (16 salaries)

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₹9 L/yr - ₹19 L/yr

arrow icon 32% less
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Bharat Financial Inclusion Chief Manager Salary

9 - 18 years exp. (12 salaries)

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₹21 L/yr - ₹34.5 L/yr

arrow icon 20% more
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₹6.7 L/yr - ₹10 L/yr

arrow icon 61% less
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Muthoot Finance Chief Manager Salary

12 - 18 years exp. (12 salaries)

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₹8.7 L/yr - ₹14.3 L/yr

arrow icon 46% less
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Reliance Capital Chief Manager Salary

5 - 13 years exp. (10 salaries)

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₹17 L/yr - ₹36 L/yr

arrow icon 9% more
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Chief Manager salary at Mahindra Finance ranges between ₹15 Lakhs to ₹30 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 38 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Chief Manager

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Experience wise Mahindra Finance Chief Manager salaries

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹21 L/yr - ₹27 L/yr
4 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹27 L/yr
5 years  (3 salaries)

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₹8.5 L/yr - ₹27 L/yr
6 years  (3 salaries)

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₹21 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹25 L/yr
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Similar Designation salaries in Mahindra Finance

Area Manager Salary
(101 salaries)
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₹3.15 L/yr - ₹13.29 L/yr
Sales Manager Salary
(115 salaries)
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₹2.1 L/yr - ₹8.2 L/yr
Credit Manager Salary
(87 salaries)
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₹2.3 L/yr - ₹12.18 L/yr
Cluster Manager Salary
(33 salaries)
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₹5 L/yr - ₹16 L/yr
Branch Manager Salary
(173 salaries)
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₹1.85 L/yr - ₹9.1 L/yr
Deputy Manager Salary
(186 salaries)
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₹4.04 L/yr - ₹11.7 L/yr
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₹5 L/yr - ₹10.25 L/yr
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₹1.3 L/yr - ₹6.7 L/yr
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₹4.05 L/yr - ₹16.4 L/yr
Sales Officer Salary
(61 salaries)
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₹1.1 L/yr - ₹4.56 L/yr

Top skills at Mahindra Finance for Chief Manager

Employer Branding

Salary related reviews for Mahindra Finance

2.3

Rated by 3 employees for salary & benefits

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.

read more

Dislikes

So far no issues.

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.

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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.

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BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

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BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

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Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

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Finance & Accounting Department

5.0
  •  posted on 19 Feb 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

read more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more
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Mahindra Finance Chief Manager Salary FAQs

What is the salary of Chief Manager at Mahindra Finance?
Chief Manager salary at Mahindra Finance in India ranges between ₹15.0 Lakhs to ₹30.0 Lakhs for experience between 3 years to 19 years. According to our estimates it is 3% less than the average Chief Manager Salary in India. Salary estimates are based on 38 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Chief Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Chief Manager at Mahindra Finance is 3% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Chief Manager at Mahindra Finance?
Employer Branding is a popular skill required to work as a Chief Manager at Mahindra Finance.
Which similar companies are paying more than Mahindra Finance to a Chief Manager in India?
  • L&T Finance Chief Manager Salary - ₹19.8 Lakhs to ₹52.0 Lakhs per year
  • TVS Credit Chief Manager Salary - ₹17.0 Lakhs to ₹41.0 Lakhs per year
  • PNB Housing Finance Chief Manager Salary - ₹20.8 Lakhs to ₹40.0 Lakhs per year
  • Bharat Financial Inclusion Chief Manager Salary - ₹21.0 Lakhs to ₹34.5 Lakhs per year
  • ICICI Bank Chief Manager Salary - ₹12.5 Lakhs to ₹37.0 Lakhs per year
What is the salary of a Chief Manager in companies similar to Mahindra Finance in India?
  • Reliance Capital Chief Manager Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year
  • Edelweiss Chief Manager Salary - ₹10.0 Lakhs to ₹37.9 Lakhs per year
  • Aditya Birla Capital Chief Manager Salary - ₹13.0 Lakhs to ₹34.2 Lakhs per year
  • Bajaj Finance Chief Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
  • Mahindra Rural Housing Finance Chief Manager Salary - ₹17.1 Lakhs to ₹25.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at Mahindra Finance in India?
The estimated take-home salary of a Chief Manager at Mahindra Finance ranges between ₹1,38,906 per month to ₹1,44,050 per month in India. The take-home salary calculation is based on the average Mahindra Finance Chief Manager salary in India which ranges between ₹15.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 3 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at Mahindra Finance?
According to AmbitionBox, 70% of the Mahindra Finance Chief Managers reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Chief Manager salary in India ranges between ₹15 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 38 Mahindra Finance latest salaries received from various employees of Mahindra Finance.