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Mahindra Finance

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Mahindra Finance Deputy Manager Operations salaries in India (Updated 2025)

Annual salary range
5 - 13 years exp.
₹6.8 Lakhs - ₹10.7 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.
Avg. annual salary
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Monthly In-hand Salary

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7% more than the average Deputy Manager Operations Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Operations Salary
9 - 11 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.5 L/yr

Sales & Business Development
Deputy Manager Operations Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.7 L/yr

Last Updated: 9 Feb 2025

Companies similar to Mahindra Finance for Deputy Manager Operations

Company name Avg Annual Salary Open Jobs
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₹4.1 L/yr - ₹6.5 L/yr

arrow icon 42% less
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₹3.6 L/yr - ₹6.1 L/yr

arrow icon 45% less
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₹7.5 L/yr - ₹10 L/yr

arrow icon 4% less
Logo
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₹3.5 L/yr - ₹8 L/yr

arrow icon 36% less
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₹3.3 L/yr - ₹4.5 L/yr

arrow icon 52% less
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₹4.6 L/yr - ₹5.2 L/yr

arrow icon 43% less
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LendingKart Deputy Manager Operations Salary

5 - 7 years exp. (4 salaries)

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₹4.8 L/yr - ₹9 L/yr

arrow icon 24% less
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₹5.1 L/yr - ₹6.5 L/yr

arrow icon 32% less
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TVS Credit Deputy Manager Operations Salary

9 - 12 years exp. (4 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 25% less
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₹4 L/yr - ₹5.4 L/yr

arrow icon 43% less
26 job openings
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₹4.5 L/yr - ₹5.8 L/yr

arrow icon 38% less
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₹4 L/yr - ₹5 L/yr

arrow icon 47% less
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₹3.2 L/yr - ₹4.8 L/yr

arrow icon 50% less
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₹4.4 L/yr - ₹5.2 L/yr

arrow icon 45% less
Deputy Manager Operations salary at Mahindra Finance ranges between ₹6.8 Lakhs to ₹10.7 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Deputy Manager Operations

3d ago
₹9.5 Lakhs
11 years exp.
6mo ago
₹6.8 Lakhs
8 years exp.
1y ago
₹6.8 Lakhs
13 years exp.
1y ago
₹9.7 Lakhs
5 years exp.
1y ago
₹8.1 Lakhs
9 years exp.
1y ago
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7 years exp.
1y ago
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6 years exp.

Experience wise Mahindra Finance Deputy Manager Operations salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr
6 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
8 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
View all

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₹1.5 L/yr - ₹6.5 L/yr
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₹2.5 L/yr - ₹7 L/yr
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(122 salaries)
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₹1.6 L/yr - ₹5.7 L/yr
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(92 salaries)
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₹3.5 L/yr - ₹14.1 L/yr
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₹2.1 L/yr - ₹4.94 L/yr

Salary related reviews for Mahindra Finance

3.6

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 15 Feb 2023

2.0
 for  Salary and Benefits

Likes

Job security, on time salary, company promotes internal job hirings , not very stressful culture, good for people who are looking for stability and not a very creative job profile

read more
  • Skill development - Good
  • +2 more

Dislikes

Very slow growth Monotonous Salary structure way below industry standards Branch and regional offices culture is not healthy, as company never kicks out on role employees, most of the workforce is outdated and promoting government offices like culture, even if they are not doing anything, they just need to come to office everyday, sit back, gossip and kill the time

read more
  • Salary - Poor
  • +2 more

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

read more
  • Salary - Bad
  • +4 more

Full Time

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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

read more
  • 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....

read more

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

1.0
  •  posted on 11 Feb 2023

1.0
 for  Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

... blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

read more
  • Salary - Bad
  • +6 more
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Mahindra Finance Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at Mahindra Finance ?
The average salary of a Deputy Manager Operations at Mahindra Finance in India typically ranges from ₹6.8 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Deputy Manager Operations at Mahindra Finance earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹10.7 Lakhs per year. Deputy Manager Operations 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 7 Mahindra Finance employees in India.
What is the estimated take home salary of a Deputy Manager Operations at Mahindra Finance in India?
The estimated take-home salary of a Deputy Manager Operations at Mahindra Finance in India typically ranges from ₹62,539 to ₹64,128 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 5 years to 13 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 7 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Deputy Manager Operations in companies similar to Mahindra Finance in India?
The salary of a Deputy Manager Operations at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Finance ₹7.5 Lakhs to ₹10.0 Lakhs per year
LendingKart ₹4.8 Lakhs to ₹9.0 Lakhs per year
TVS Credit ₹5.0 Lakhs to ₹8.0 Lakhs per year
Capri Global Capital ₹5.1 Lakhs to ₹6.5 Lakhs per year
IIFL Finance ₹3.5 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 Operations at Mahindra Finance in India?
The salary growth for a Deputy Manager Operations at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Operations can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
5 years ₹8.1 Lakhs to ₹10.4 Lakhs per year
6 years ₹8.0 Lakhs to ₹10.2 Lakhs per year
7 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
8 years ₹7.7 Lakhs to ₹9.9 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Deputy Manager Operations salary in India ranges between ₹6.8 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.