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

2 - 8 years exp.

₹5 Lakhs - ₹12 Lakhs

Salary of majority employees

24% less than the average Deputy Manager HR Salary in NBFC Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Last Updated: 30 Jan 2025

Companies similar to Mahindra Finance for Deputy Manager HR

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Deputy Manager HR Salary 0 - 8 years exp. (7 salaries)	₹5.3 L/yr - ₹13 L/yr 23% more
HDFC Bank Deputy Manager HR Salary 3 - 8 years exp. (15 salaries)	₹4.5 L/yr - ₹9 L/yr 15% less
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Shriram Finance Deputy Manager HR Salary 6 - 16 years exp. (8 salaries)	₹4 L/yr - ₹6 L/yr 37% less
Cholamandalam Investment & Finance Deputy Manager HR Salary 3 - 13 years exp. (5 salaries)	₹8.2 L/yr - ₹9.5 L/yr 18% more
Muthoot Finance Deputy Manager HR Salary 5 - 12 years exp. (15 salaries)	₹4 L/yr - ₹8 L/yr 21% less	1 job opening
Aditya Birla Capital Deputy Manager HR Salary 3 - 16 years exp. (5 salaries)	₹2.6 L/yr - ₹9.5 L/yr 7% less
Satin Creditcare Network Deputy Manager HR Salary 6 - 12 years exp. (36 salaries)	₹4.3 L/yr - ₹6.7 L/yr 23% less
HDB Financial Services Deputy Manager HR Salary 3 - 10 years exp. (23 salaries)	₹5 L/yr - ₹8 L/yr 11% less
TVS Credit Deputy Manager HR Salary 1 - 14 years exp. (20 salaries)	₹7 L/yr - ₹13 L/yr 18% more
Muthoot Microfin Deputy Manager HR Salary 4 - 7 years exp. (15 salaries)	₹2.5 L/yr - ₹5.5 L/yr 45% less
CreditAccess Grameen Deputy Manager HR Salary 5 - 14 years exp. (12 salaries)	₹4.2 L/yr - ₹7.6 L/yr 27% less
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SK Finance Limited Deputy Manager HR Salary 5 - 13 years exp. (8 salaries)	₹5.5 L/yr - ₹8.7 L/yr 6% less
IIFL Finance Deputy Manager HR Salary 2 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹12.2 L/yr 6% less
Mahindra Rural Housing Finance Deputy Manager HR Salary 1 - 13 years exp. (7 salaries)	₹4.5 L/yr - ₹6.5 L/yr 21% less
Poonawalla Fincorp Deputy Manager HR Salary 7 - 13 years exp. (7 salaries)	₹6.4 L/yr - ₹8.1 L/yr 2% less
Muthoot Fincorp Deputy Manager HR Salary 5 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 21% less
IDFC FIRST Bharat Deputy Manager HR Salary 3 - 9 years exp. (6 salaries)	₹3.7 L/yr - ₹4.7 L/yr 42% less
Sundaram Finance Deputy Manager HR Salary 6 - 15 years exp. (4 salaries)	₹7.3 L/yr - ₹9.5 L/yr 14% more

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.

Experience wise Mahindra Finance Deputy Manager HR salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹2.6 L/yr - ₹8.9 L/yr
3 years (14 salaries)	₹5 L/yr - ₹10.5 L/yr
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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

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₹7.3 L/yr - ₹11.5 L/yr

Sr. Admin Executive Salary

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₹4.15 L/yr - ₹4.6 L/yr

Assistant Manager Administrator Salary

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Deputy Manager Administration Salary

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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

4.0

Rated by 1 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

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.

Circle Head in Kolkata

Full Time

Strategic & Top Management Department

3.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Earlier it used to be Culture and company policies. But since the management has changed it’s a pathetic situation. Old employees at senior level of 22+ years in the organisation has also been sacked.

Dislikes

No work life balance Low salary growth for existing employees Weak management Poor policy

Salary - Poor

+5 more

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....

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Finance Deputy Manager HR Salary FAQs

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

Deputy Manager HR salary at Mahindra Finance in India ranges between ₹5.0 Lakhs to ₹12.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 24% less than the average Deputy Manager HR Salary in India. Salary estimates are based on 48 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Deputy Manager HR at Mahindra Finance is 24% less than the average salary of a Deputy Manager HR in India. To know exact salary insights, login to view.

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

Grievance Handling, Human Resource Management, Troubleshooting, Onboarding and MIS Reporting are some of the popular skills required to work as a Deputy Manager HR at Mahindra Finance India.

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

Bajaj Finance Deputy Manager HR Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
Cholamandalam Investment & Finance Deputy Manager HR Salary - ₹8.2 Lakhs to ₹9.5 Lakhs per year
TVS Credit Deputy Manager HR Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
Sundaram Finance Deputy Manager HR Salary - ₹7.3 Lakhs to ₹9.5 Lakhs per year

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

Poonawalla Fincorp Deputy Manager HR Salary - ₹6.4 Lakhs to ₹8.1 Lakhs per year
SK Finance Limited Deputy Manager HR Salary - ₹5.5 Lakhs to ₹8.7 Lakhs per year
IIFL Finance Deputy Manager HR Salary - ₹3.5 Lakhs to ₹12.2 Lakhs per year
Aditya Birla Capital Deputy Manager HR Salary - ₹2.6 Lakhs to ₹9.5 Lakhs per year
HDB Financial Services Deputy Manager HR Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

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 ranges between ₹54,874 per month to ₹56,246 per month in India. The take-home salary calculation is based on the average Mahindra Finance Deputy Manager HR salary in India which ranges between ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the Mahindra Finance Deputy Manager HRs reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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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.