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Mahindra Finance Deputy Manager salaries in India (Updated 2025)

Annual salary range
0 - 14 years exp.
₹4 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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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)
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₹4.5 L/yr - ₹10.4 L/yr

BFSI, Investments & Trading
Deputy Manager Salary
0 - 14 years exp. (24 salaries)
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₹5 L/yr - ₹10.1 L/yr

Finance & Accounting
Deputy Manager Salary
1 - 14 years exp. (24 salaries)
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₹4.2 L/yr - ₹11 L/yr

Human Resources
Deputy Manager Salary
3 - 10 years exp. (16 salaries)
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₹5 L/yr - ₹10.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
4 - 14 years exp. (11 salaries)
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₹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
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HDFC Bank Deputy Manager Salary

0 - 14 years exp. (15.1k salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 16% less
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Global Wings Abudhabi Deputy Manager Salary

7 - 13 years exp. (6 salaries)

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₹6.8 L/yr - ₹11 L/yr

arrow icon 54% more
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (15.5k salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 7% less
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (10.5k salaries)

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₹2 L/yr - ₹8.8 L/yr

arrow icon 10% less
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Bajaj Finance Deputy Manager Salary

0 - 10 years exp. (258 salaries)

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₹3 L/yr - ₹7 L/yr

arrow icon 29% less
408 job openings
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Tata Capital Deputy Manager Salary

3 - 12 years exp. (35 salaries)

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 23% less
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Kotak Mahindra Prime Deputy Manager Salary

1 - 12 years exp. (315 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 21% less
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Shriram Finance Deputy Manager Salary

5 - 17 years exp. (195 salaries)

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₹2.5 L/yr - ₹9.4 L/yr

arrow icon 25% less
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TVS Credit Deputy Manager Salary

1 - 13 years exp. (169 salaries)

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₹4.5 L/yr - ₹18 L/yr

arrow icon 51% more
1 job opening
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Satin Creditcare Network Deputy Manager Salary

2 - 12 years exp. (165 salaries)

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₹3.4 L/yr - ₹8 L/yr

arrow icon 19% less
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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.

Latest annual salaries shared by Mahindra Finance Deputy Manager

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Experience wise Mahindra Finance Deputy Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (13 salaries)

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₹6 L/yr - ₹10 L/yr
1 year  (14 salaries)

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₹6 L/yr - ₹10 L/yr
2 years  (9 salaries)

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₹5 L/yr - ₹8.3 L/yr
3 years  (16 salaries)

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₹4.5 L/yr - ₹9.5 L/yr
4 years  (20 salaries)

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₹5 L/yr - ₹10 L/yr
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Mahindra Finance Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 14 years exp.

Divisional Manager

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9 - 23 years exp.

Deputy Manager 0 - 14 years exp.
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Area Business Manager 5 - 18 years exp.
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arrow icon 25% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 110% hike

    From

    1 more level

    To

    Deputy Manager

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    0 - 14 years exp.

    Senior Manager

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    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)
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    ₹4.7 L/yr - ₹10 L/yr
    Store Manager Salary
    (3 salaries)
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    ₹5 L/yr - ₹26.5 L/yr
    Branch Manager Salary
    (162 salaries)
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    ₹2.05 L/yr - ₹9.1 L/yr
    Area Manager Salary
    (96 salaries)
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    ₹3.08 L/yr - ₹12.5 L/yr
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    ₹10.48 L/yr - ₹35 L/yr
    Cluster Manager Salary
    (31 salaries)
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    ₹6.5 L/yr - ₹16 L/yr
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    ₹3.1 L/yr - ₹3.9 L/yr
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    ₹5.2 L/yr - ₹9.45 L/yr
    Program Manager Salary
    (AmbitionBox Estimate)
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    ₹18.5 L/yr - ₹23.7 L/yr
    Project Manager Salary
    (13 salaries)
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    ₹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
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    Salary related reviews for Mahindra Finance

    3.6

    Rated by 54 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
    • Salary - Excellent
    • +6 more

    Dislikes

    So far no issues.

    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..

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Only salary package..

    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.

    read more

    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.

    read more
    • Salary - Bad
    • +6 more

    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

    read more
    • Job security - Good
    • +1 more

    Dislikes

    1st of all salary issue

    • Salary - Poor
    • +4 more

    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 .

    read more

    Dislikes

    There is No culture

    • Salary - Bad
    • +6 more
    see more salary related reviews

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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
    • LendingKart Deputy Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
    What is the salary of a Deputy Manager in companies similar to Mahindra Finance in India?
    • CreditAccess Grameen Deputy Manager Salary - ₹3.9 Lakhs to ₹11.1 Lakhs per year
    • L&T Finance Deputy Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
    • Poonawalla Fincorp Deputy Manager Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year
    • Electronica Finance Deputy Manager Salary - ₹5.0 Lakhs to ₹9.7 Lakhs per year
    • Reliance Capital Deputy Manager Salary - ₹5.5 Lakhs to ₹11.0 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 salary in India ranges between ₹4 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 234 Mahindra Finance latest salaries received from various employees of Mahindra Finance.