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Mahindra Finance Deputy Manager Grade 2 salaries in India

Annual salary range
4 - 10 years exp.
₹4.8 Lakhs - ₹7.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Deputy Manager Grade 2 Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Risk Management & Compliance
Deputy Manager Grade 2 Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.8 L/yr

Customer Success, Service & Operations
Deputy Manager Grade 2 Salary
4 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Finance & Accounting
Deputy Manager Grade 2 Salary
10 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 15 Aug 2024

Companies similar to Mahindra Finance for Deputy Manager Grade 2

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Deputy Manager Grade 2 Salary

2 - 8 years exp. (26 salaries)

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₹3.6 L/yr - ₹6 L/yr

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HDFC Bank Deputy Manager Grade 2 Salary

1 - 10 years exp. (338 salaries)

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₹3.6 L/yr - ₹7.8 L/yr

arrow icon 14% less
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₹3.8 L/yr - ₹5.6 L/yr

arrow icon 23% less
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IIFL Finance Deputy Manager Grade 2 Salary

3 - 8 years exp. (5 salaries)

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₹3.4 L/yr - ₹8.7 L/yr

arrow icon 13% less
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TVS Credit Deputy Manager Grade 2 Salary

7 - 12 years exp. (4 salaries)

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₹5.9 L/yr - ₹10.8 L/yr

arrow icon 12% more
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Sundaram Finance Deputy Manager Grade 2 Salary

10 - 15 years exp. (4 salaries)

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₹7 L/yr - ₹8.8 L/yr

arrow icon 20% more
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Muthoot Fincorp Deputy Manager Grade 2 Salary

4 - 11 years exp. (4 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

arrow icon 9% less
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₹5.4 L/yr - ₹6.9 L/yr

arrow icon 7% less
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₹3.7 L/yr - ₹6.1 L/yr

arrow icon 18% less
Deputy Manager Grade 2 salary at Mahindra Finance ranges between ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Deputy Manager Grade 2

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10 years exp.
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4 years exp.
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9 years exp.
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8 years exp.

Experience wise Mahindra Finance Deputy Manager Grade 2 salaries

Last Updated: 15 Aug 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary
(189 salaries)
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₹4.04 L/yr - ₹11.68 L/yr
Store Manager Salary
(3 salaries)
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₹5 L/yr - ₹26.5 L/yr
Branch Manager Salary
(165 salaries)
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₹1.85 L/yr - ₹9.1 L/yr
Sales Manager Salary
(115 salaries)
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₹2.1 L/yr - ₹8.2 L/yr
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₹1.3 L/yr - ₹6.7 L/yr
Team Lead Salary
(41 salaries)
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₹2.2 L/yr - ₹5.5 L/yr
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₹2.15 L/yr - ₹6 L/yr
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₹3 L/yr - ₹6.2 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr
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₹7.13 L/yr - ₹9.66 L/yr

Salary related reviews for Mahindra Finance

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.

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

Finance & Accounting Department

4.0
  •  posted on 25 Apr 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent..

Dislikes

Basic salary is very low and career growth is slow. Appraisals are not fair and they give less salary hike

read more

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

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.

read 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.

read more
see more salary related reviews

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Mahindra Finance Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at Mahindra Finance?
Deputy Manager Grade 2 salary at Mahindra Finance in India ranges between ₹4.8 Lakhs to ₹7.1 Lakhs for experience between 4 years to 10 years. According to our estimates it is 4% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Deputy Manager Grade 2 at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Deputy Manager Grade 2 at Mahindra Finance is 4% less than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a Deputy Manager Grade 2 in India?
  • Sundaram Finance Deputy Manager Grade 2 Salary - ₹7.0 Lakhs to ₹8.8 Lakhs per year
  • TVS Credit Deputy Manager Grade 2 Salary - ₹5.9 Lakhs to ₹10.8 Lakhs per year
What is the salary of a Deputy Manager Grade 2 in companies similar to Mahindra Finance in India?
  • Satin Creditcare Network Deputy Manager Grade 2 Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year
  • Muthoot Fincorp Deputy Manager Grade 2 Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
  • IIFL Finance Deputy Manager Grade 2 Salary - ₹3.4 Lakhs to ₹8.7 Lakhs per year
  • HDFC Bank Deputy Manager Grade 2 Salary - ₹3.6 Lakhs to ₹7.8 Lakhs per year
  • Capri Global Capital Deputy Manager Grade 2 Salary - ₹3.7 Lakhs to ₹6.1 Lakhs per year
What is the estimated take home salary of a Deputy Manager Grade 2 at Mahindra Finance in India?
The estimated take-home salary of a Deputy Manager Grade 2 at Mahindra Finance ranges between ₹49,458 per month to ₹50,626 per month in India. The take-home salary calculation is based on the average Mahindra Finance Deputy Manager Grade 2 salary in India which ranges between ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Deputy Manager Grade 2 at Mahindra Finance?
According to AmbitionBox, 50% of the Mahindra Finance Deputy Manager Grade 2s reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Deputy Manager Grade 2 salary in India ranges between ₹4.8 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.