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

8 - 11 years exp.

₹3.4 Lakhs - ₹4.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% less than the average Deputy Associate Manager Salary in NBFC Companies for 8 - 11 years of experience

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Last Updated: 12 Feb 2025

Companies similar to Mahindra Finance for Deputy Associate Manager

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance Deputy Associate Manager Salary 2 - 9 years exp. (40 salaries)	₹3.1 L/yr - ₹4.7 L/yr 3% less
Mahindra Insurance Brokers Deputy Associate Manager Salary 5 - 17 years exp. (9 salaries)	₹4.3 L/yr - ₹8.4 L/yr 54% more
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Gulbrandsen Deputy Associate Manager Salary 11 - 13 years exp. (8 salaries)	₹12.7 L/yr - ₹15.9 L/yr 302% more
QualityKiosk Technologies Deputy Associate Manager Salary 8 - 11 years exp. (4 salaries)	₹17.1 L/yr - ₹27 L/yr 466% more
Accenture Deputy Associate Manager Salary 11 - 15 years exp. (4 salaries)	₹14.2 L/yr - ₹17.2 L/yr 303% more

Deputy Associate Manager salary at Mahindra Finance ranges between ₹3.4 Lakhs to ₹4.4 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Deputy Associate Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

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Salary related reviews for Mahindra Finance

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

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

Sales Executive in Derabassi

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.

Salary - Excellent

+5 more

Dislikes

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

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Finance Deputy Associate Manager Salary FAQs

How the salary growth look like for a Deputy Associate Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
8 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
10 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
11 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Mahindra Finance Deputy Associate Manager Salaries

Mahindra Finance Deputy Associate Manager salary in India ranges between ₹3.4 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.