Mahindra Finance Deputy Manager Salaries by 200+ Employees (Updated 2025)

0 - 14 years exp.

₹4 Lakhs - ₹11.5 Lakhs

Salary of majority employees

28% less than the average Deputy Manager Salary in NBFC Companies for 0 - 14 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Deputy Manager Salary 0 - 13 years exp. (34 salaries)	₹4.5 L/yr - ₹10.4 L/yr
BFSI, Investments & Trading Deputy Manager Salary 0 - 14 years exp. (24 salaries)	₹5 L/yr - ₹10.1 L/yr
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Finance & Accounting Deputy Manager Salary 1 - 14 years exp. (24 salaries)	₹4.2 L/yr - ₹11 L/yr
Human Resources Deputy Manager Salary 3 - 10 years exp. (16 salaries)	₹5 L/yr - ₹10.3 L/yr
Customer Success, Service & Operations Deputy Manager Salary 4 - 14 years exp. (11 salaries)	₹4.2 L/yr - ₹8 L/yr

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Last Updated: 28 Feb 2025

Companies similar to Mahindra Finance for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Salary 0 - 13 years exp. (15.1k salaries)	₹2 L/yr - ₹10.8 L/yr 16% less
Global Wings Abudhabi Deputy Manager Salary 7 - 13 years exp. (6 salaries)	₹6.8 L/yr - ₹11 L/yr 54% more
Login to view exact salary
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2 L/yr - ₹11 L/yr 7% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	₹2 L/yr - ₹8.7 L/yr 10% less
Bajaj Finance Deputy Manager Salary 0 - 10 years exp. (194 salaries)	₹3 L/yr - ₹9.9 L/yr 28% less	464 job openings
Tata Capital Deputy Manager Salary 3 - 12 years exp. (35 salaries)	₹3.1 L/yr - ₹9.5 L/yr 23% less
Kotak Mahindra Prime Deputy Manager Salary 1 - 12 years exp. (319 salaries)	₹3.5 L/yr - ₹8 L/yr 21% less
Shriram Finance Deputy Manager Salary 5 - 16 years exp. (189 salaries)	₹2.5 L/yr - ₹9.4 L/yr 27% less
TVS Credit Deputy Manager Salary 1 - 12 years exp. (185 salaries)	₹4.5 L/yr - ₹18 L/yr 53% more	1 job opening
IIFL Finance Deputy Manager Salary 2 - 12 years exp. (168 salaries)	₹2.3 L/yr - ₹10 L/yr 17% less

View all

Deputy Manager salary at Mahindra Finance ranges between ₹4 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 234 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Deputy Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (13 salaries)	₹6 L/yr - ₹10 L/yr
1 year (14 salaries)	₹6 L/yr - ₹10 L/yr
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2 years (9 salaries)	₹5 L/yr - ₹8.3 L/yr
3 years (16 salaries)	₹4.5 L/yr - ₹9.5 L/yr
4 years (20 salaries)	₹5 L/yr - ₹10 L/yr
5 years (23 salaries)	₹5.1 L/yr - ₹11 L/yr
6 years (21 salaries)	₹4 L/yr - ₹11.5 L/yr
7 years (20 salaries)	₹4.9 L/yr - ₹10 L/yr
8 years (29 salaries)	₹4.2 L/yr - ₹11 L/yr
9 years (20 salaries)	₹4.4 L/yr - ₹10.4 L/yr
10 years (19 salaries)	₹5.1 L/yr - ₹10.3 L/yr
11 years (13 salaries)	₹4.2 L/yr - ₹8.3 L/yr
12 years (5 salaries)	₹2.7 L/yr - ₹8.7 L/yr
13 years (6 salaries)	₹2.6 L/yr - ₹8 L/yr
14 years (6 salaries)	₹4.8 L/yr - ₹9.7 L/yr

View all

From

Deputy Manager

₹

Lakhs/yr

0 - 14 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Deputy Manager 0 - 14 years exp.

Area Business Manager 5 - 18 years exp.

25% hike

Divisional Manager 9 - 23 years exp.

105% hike

From

1 more level

Deputy Manager

0 - 14 years exp.

Senior Manager

4 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Team Manager Salary

(5 salaries)

₹4.7 L/yr - ₹10 L/yr

Store Manager Salary

(3 salaries)

₹5 L/yr - ₹26.5 L/yr

Branch Manager Salary

(163 salaries)

₹2.05 L/yr - ₹9.1 L/yr

Area Manager Salary

(96 salaries)

₹3.08 L/yr - ₹12.5 L/yr

Department Manager Salary

(4 salaries)

₹10.48 L/yr - ₹35 L/yr

Cluster Manager Salary

(34 salaries)

₹6.5 L/yr - ₹16 L/yr

Service Manager Salary

(3 salaries)

₹3.1 L/yr - ₹3.9 L/yr

Deputy Branch Manager Salary

(4 salaries)

₹5.2 L/yr - ₹9.45 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

Top skills at Mahindra Finance for Deputy Manager

Civil Engineering Inventory Management Monitoring Communication Skills Offer Negotiation Critical Care PPAP SAP CO Relationship Management Costing Project Management Supply Chain Management Outsourcing Project Management Operations

Salary related reviews for Mahindra Finance

3.6

Rated by 54 employees for salary & benefits

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..

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

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

Job security - Good

+1 more

Dislikes

1st of all salary issue

Salary - Poor

+4 more

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

Salary - Bad

+6 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Finance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Mahindra Finance?

Deputy Manager salary at Mahindra Finance in India ranges between ₹4.0 Lakhs to ₹11.5 Lakhs for less than 1 year of experience to 14 years. According to our estimates it is 28% less than the average Deputy Manager Salary in India. Salary estimates are based on 234 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Deputy Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Deputy Manager at Mahindra Finance is 28% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at Mahindra Finance?

Civil Engineering, Inventory Management, Monitoring, Communication Skills and Offer Negotiation are some of the popular skills required to work as a Deputy Manager at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Deputy Manager in India?

Global Wings Abudhabi Deputy Manager Salary - ₹6.8 Lakhs to ₹11.0 Lakhs per year
TVS Credit Deputy Manager Salary - ₹4.5 Lakhs to ₹18.0 Lakhs per year
Sammaan Capital Limited Deputy Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Sundaram Finance Deputy Manager Salary - ₹5.2 Lakhs to ₹11.3 Lakhs per year
CreditAccess Grameen Deputy Manager Salary - ₹3.9 Lakhs to ₹11.1 Lakhs per year

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

L&T Finance Deputy Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp Deputy Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Spandana Sphoorty Financial Deputy Manager Salary - ₹6.7 Lakhs to ₹8.4 Lakhs per year
Reliance Capital Deputy Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
HDB Financial Services Deputy Manager Salary - ₹3.3 Lakhs to ₹11.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Mahindra Finance ranges between ₹53,045 per month to ₹54,294 per month in India. The take-home salary calculation is based on the average Mahindra Finance Deputy Manager salary in India which ranges between ₹4.0 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the Mahindra Finance Deputy Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 333 responses on AmbitionBox in last 2 years.

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Mahindra Finance Deputy Manager Salaries

Mahindra Finance Deputy Manager salary in India ranges between ₹4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 234 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Deputy Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Deputy Manager

Latest annual salaries shared by Mahindra Finance Deputy Manager

Experience wise Mahindra Finance Deputy Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Deputy Manager

Salary related reviews for Mahindra Finance

Deputy Manager in Mumbai

Deputy Manager in Chandigarh Sector 34 A

Relationship Manager in Chandigarh

Customer Service Manager in Kolkata

Customer Service Manager

Mahindra Finance Deputy Manager Salary FAQs

Tell us how to improve this page.

Mahindra Finance Deputy Manager Salaries by Location