Mahindra Finance Deputy Manager HR Salaries by 40+ Employees (Updated 2025)

2 - 8 years exp.

₹5 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Deputy Manager HR Salary in NBFC Companies for 2 - 8 years of experience

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Last Updated: 19 Mar 2025

Companies similar to Mahindra Finance for Deputy Manager HR

Company name	Avg Annual Salary	Open Jobs
Satin Creditcare Network Deputy Manager HR Salary 6 - 12 years exp. (36 salaries)	₹4.3 L/yr - ₹6.7 L/yr 25% less
HDB Financial Services Deputy Manager HR Salary 3 - 10 years exp. (23 salaries)	₹5.3 L/yr - ₹8 L/yr 7% less
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TVS Credit Deputy Manager HR Salary 1 - 14 years exp. (20 salaries)	₹7 L/yr - ₹13 L/yr 24% more
Muthoot Microfin Deputy Manager HR Salary 4 - 7 years exp. (15 salaries)	₹2.5 L/yr - ₹5.5 L/yr 46% less
Muthoot Finance Deputy Manager HR Salary 5 - 12 years exp. (15 salaries)	₹4 L/yr - ₹8 L/yr 22% less
CreditAccess Grameen Deputy Manager HR Salary 5 - 14 years exp. (12 salaries)	₹4.2 L/yr - ₹7.6 L/yr 29% less
SK Finance Limited Deputy Manager HR Salary 5 - 13 years exp. (9 salaries)	₹5.5 L/yr - ₹8.7 L/yr 12% less
Shriram Finance Deputy Manager HR Salary 6 - 16 years exp. (8 salaries)	₹4 L/yr - ₹6 L/yr 38% less
IIFL Finance Deputy Manager HR Salary 5 - 8 years exp. (6 salaries)	₹5.3 L/yr - ₹13 L/yr 22% more
Mahindra Rural Housing Finance Deputy Manager HR Salary 1 - 13 years exp. (7 salaries)	₹4.5 L/yr - ₹6.5 L/yr 22% less
Bajaj Finance Deputy Manager HR Salary 0 - 8 years exp. (7 salaries)	₹5.3 L/yr - ₹13 L/yr 21% more	1 job opening
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Poonawalla Fincorp Deputy Manager HR Salary 7 - 13 years exp. (7 salaries)	₹6.4 L/yr - ₹8.1 L/yr 3% less
Muthoot Fincorp Deputy Manager HR Salary 5 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 23% less
Sundaram Finance Deputy Manager HR Salary 6 - 15 years exp. (4 salaries)	₹7.3 L/yr - ₹9.5 L/yr 12% more
LendingKart Deputy Manager HR Salary 5 - 9 years exp. (3 salaries)	₹6.7 L/yr - ₹9 L/yr 7% more
Capri Global Capital Deputy Manager HR Salary 6 - 9 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 28% less

Deputy Manager HR salary at Mahindra Finance ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 48 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Deputy Manager HR

3d ago

₹5.5 Lakhs

4 years exp.

1mo ago

₹5.2 Lakhs

4 years exp.

1mo ago

₹5 Lakhs

3 years exp.

4mo ago

₹5.4 Lakhs

3 years exp.

4mo ago

₹7 Lakhs

4 years exp.

6mo ago

4 years exp.

11mo ago

5 years exp.

1y ago

6 years exp.

1y ago

3 years exp.

1y ago

4 years exp.

Experience wise Mahindra Finance Deputy Manager HR salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.7 L/yr - ₹8.9 L/yr
3 years (14 salaries)	₹5 L/yr - ₹10.5 L/yr
Login to view exact salary
4 years (12 salaries)	₹5 L/yr - ₹10.6 L/yr
5 years (8 salaries)	₹6 L/yr - ₹10.1 L/yr
6 years (5 salaries)	₹3.1 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10.1 L/yr
8 years (3 salaries)	₹3.3 L/yr - ₹11.5 L/yr

View all

Similar Designation salaries in Mahindra Finance

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HR Business Partner Salary

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Sr. Admin Executive Salary

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₹4.15 L/yr - ₹4.6 L/yr

Regional HR Manager Salary

(8 salaries)

₹7.3 L/yr - ₹11.5 L/yr

Assistant Manager Administrator Salary

(7 salaries)

₹5.05 L/yr - ₹5.55 L/yr

Deputy Manager Administration Salary

(6 salaries)

₹5.85 L/yr - ₹6.66 L/yr

Top skills at Mahindra Finance for Deputy Manager HR

Grievance Handling Human Resource Management Troubleshooting Onboarding MIS Reporting Performance Management Employee Engagement HR Generalist Activities Talent Acquisition Talent Management HR Compliance RCM HR Operations Employee Engagement Business Partnering

Salary related reviews for Mahindra Finance

1.7

Rated by 3 employees for salary & benefits

Assistant Manager- HR in Mumbai

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

Job security - Excellent

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

Skill development - Bad

+2 more

HR Business Partner in Mumbai

Human Resources Department

4.0

• posted on 25 Mar 2021

3.0

for Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

Skill development - Good

+4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

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

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Salary - Excellent

+6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra Finance Deputy Manager HR Salary FAQs

What is the salary of Deputy Manager HR at Mahindra Finance ?

The average salary of a Deputy Manager HR at Mahindra Finance in India typically ranges from ₹5.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Deputy Manager HR at Mahindra Finance earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Deputy Manager HR Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Mahindra Finance employees in India.

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

The estimated take-home salary of a Deputy Manager HR at Mahindra Finance in India typically ranges from ₹55,685 to ₹57,079 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager HR at Mahindra Finance ?

To be a Deputy Manager HR at Mahindra Finance in india, the key skills required include:

- Grievance Handling
- Human Resource Management
- Troubleshooting
- Onboarding
- MIS Reporting

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Deputy Manager HR in India?

TVS Credit	₹7.0 Lakhs to ₹13.0 Lakhs per year
IIFL Finance	₹5.3 Lakhs to ₹13.0 Lakhs per year
Bajaj Finance	₹5.3 Lakhs to ₹13.0 Lakhs per year
Sundaram Finance	₹7.3 Lakhs to ₹9.5 Lakhs per year
LendingKart	₹6.7 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.

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

The salary of a Deputy Manager HR at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹6.4 Lakhs to ₹8.1 Lakhs per year
HDB Financial Services	₹5.3 Lakhs to ₹8.0 Lakhs per year
SK Finance Limited	₹5.5 Lakhs to ₹8.7 Lakhs per year
Mahindra Rural Housing Finance	₹4.5 Lakhs to ₹6.5 Lakhs per year
Muthoot Finance	₹4.0 Lakhs to ₹8.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹8.9 Lakhs per year
3 years	₹5.0 Lakhs to ₹10.5 Lakhs per year
4 years	₹5.0 Lakhs to ₹10.6 Lakhs per year
5 years	₹6.0 Lakhs to ₹10.1 Lakhs per year

and so on.

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Mahindra Finance Deputy Manager HR Salaries

Mahindra Finance Deputy Manager HR salary in India ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Mahindra Finance latest salaries received from various employees of Mahindra Finance.