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Mahindra Finance Deputy Manager salaries in Mumbai

Annual salary range
0 - 13 years exp.
₹4.2 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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Fixed (93%)
₹7 Lakhs
Variable (7%)
₹0.5 Lakh
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12% less than the average Deputy Manager Salary in NBFC Companies for 0 - 13 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
4 - 11 years exp. (11 salaries)
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₹5 L/yr - ₹10.1 L/yr

Risk Management & Compliance
Deputy Manager Salary
0 - 12 years exp. (9 salaries)
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₹6.2 L/yr - ₹8.4 L/yr

Finance & Accounting
Deputy Manager Salary
1 - 12 years exp. (6 salaries)
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₹5.7 L/yr - ₹11 L/yr

Human Resources
Deputy Manager Salary
1 - 13 years exp. (6 salaries)
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₹5 L/yr - ₹9.9 L/yr

Data Science & Analytics
Deputy Manager Salary
2 - 7 years exp. (5 salaries)
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₹7.5 L/yr - ₹11 L/yr

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Last Updated: 20 Feb 2025

Companies similar to Mahindra Finance for Deputy Manager in Mumbai

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Mahindra Finance Deputy Manager Salary

0 - 13 years exp. (73 salaries)

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₹4.2 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy Manager Salary

0 - 14 years exp. (3.6k salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 21% less
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Global Wings Abudhabi Deputy Manager Salary

7 - 13 years exp. (4 salaries)

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₹9.5 L/yr - ₹11.6 L/yr

arrow icon 48% more
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3.6k salaries)

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₹2 L/yr - ₹10.6 L/yr

arrow icon 13% less
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (2.2k salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 16% less
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Bajaj Finance Deputy Manager Salary

0 - 10 years exp. (18 salaries)

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₹3.2 L/yr - ₹7 L/yr

arrow icon 32% less
1 job opening
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Tata Capital Deputy Manager Salary

3 - 11 years exp. (4 salaries)

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₹4 L/yr - ₹5.8 L/yr

arrow icon 29% less
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Aditya Birla Capital Deputy Manager Salary

0 - 10 years exp. (62 salaries)

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₹3.5 L/yr - ₹11 L/yr

arrow icon 8% less
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IIFL Finance Deputy Manager Salary

2 - 11 years exp. (53 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 7% less
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₹3.6 L/yr - ₹12 L/yr

arrow icon 10% less
1 job opening
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Kotak Mahindra Prime Deputy Manager Salary

1 - 12 years exp. (38 salaries)

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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 25% less
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Capri Global Capital Deputy Manager Salary

4 - 14 years exp. (28 salaries)

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₹4.3 L/yr - ₹10 L/yr

arrow icon 12% less
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Shriram Finance Deputy Manager Salary

5 - 17 years exp. (20 salaries)

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₹3.9 L/yr - ₹7.6 L/yr

arrow icon 30% less
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Reliance Capital Deputy Manager Salary

1 - 9 years exp. (18 salaries)

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₹5.5 L/yr - ₹11 L/yr

arrow icon 7% less
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Poonawalla Fincorp Deputy Manager Salary

1 - 12 years exp. (9 salaries)

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₹5.3 L/yr - ₹10 L/yr

arrow icon 3% more
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Sundaram Finance Deputy Manager Salary

6 - 20 years exp. (7 salaries)

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₹6.1 L/yr - ₹11 L/yr

arrow icon 10% more
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Muthoot Fincorp Deputy Manager Salary

6 - 14 years exp. (6 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 37% less
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Sammaan Capital Limited Deputy Manager Salary

3 - 10 years exp. (5 salaries)

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₹5 L/yr - ₹10.2 L/yr

arrow icon 13% more
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Manappuram Finance Deputy Manager Salary

4 - 10 years exp. (4 salaries)

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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 35% less
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Muthoot Finance Deputy Manager Salary

7 - 14 years exp. (4 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 24% less
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₹3.2 L/yr - ₹8 L/yr

arrow icon 30% less
Deputy Manager salary at Mahindra Finance ranges between ₹4.2 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 73 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Deputy Manager in Mumbai

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Experience wise Mahindra Finance Deputy Manager salaries in Mumbai

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.1 L/yr - ₹9 L/yr
1 year  (8 salaries)

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₹5.1 L/yr - ₹10 L/yr
2 years  (5 salaries)

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₹7.1 L/yr - ₹8.3 L/yr
3 years  (6 salaries)

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₹7.5 L/yr - ₹9.5 L/yr
4 years  (4 salaries)

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₹6 L/yr - ₹9.4 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 28% hike
    Divisional Manager 9 - 23 years exp.
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    arrow icon 114% 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

    Project Manager Salary
    (13 salaries)
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    ₹8 L/yr - ₹25.2 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

    Salary related reviews for Mahindra Finance

    4.2

    Rated by 10 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 Mumbai?
    Deputy Manager salary at Mahindra Finance in Mumbai ranges between ₹4.2 Lakhs to ₹11.5 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 12% less than the average Deputy Manager Salary in India. Salary estimates are based on 73 latest salaries received from various employees of Mahindra Finance Mumbai.
    How does the salary of a Deputy Manager at Mahindra Finance Mumbai compare with the average salary range for this job?
    The average salary of a Deputy Manager at Mahindra Finance is 12% less than the average salary of a Deputy Manager in Mumbai. 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 Mumbai.
    Which similar companies are paying more than Mahindra Finance to a Deputy Manager in Mumbai?
    • Global Wings Abudhabi Deputy Manager Salary - ₹9.5 Lakhs to ₹11.6 Lakhs per year
    • Sammaan Capital Limited Deputy Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
    • Sundaram Finance Deputy Manager Salary - ₹6.1 Lakhs to ₹11.0 Lakhs per year
    • Poonawalla Fincorp Deputy Manager Salary - ₹5.3 Lakhs to ₹10.0 Lakhs per year
    What is the salary of a Deputy Manager in companies similar to Mahindra Finance in Mumbai?
    • Reliance Capital Deputy Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
    • IIFL Finance Deputy Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
    • Aditya Birla Capital Deputy Manager Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
    • Mahindra Rural Housing Finance Deputy Manager Salary - ₹3.6 Lakhs to ₹12.0 Lakhs per year
    • Capri Global Capital Deputy Manager Salary - ₹4.3 Lakhs to ₹10.0 Lakhs per year
    What is the estimated take home salary of a Deputy Manager at Mahindra Finance in Mumbai?
    The estimated take-home salary of a Deputy Manager at Mahindra Finance ranges between ₹55,809 per month to ₹57,207 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Deputy Manager salary in India which ranges between ₹4.2 Lakhs to ₹11.5 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?
    What is the notice period for Deputy Manager at Mahindra Finance in Mumbai?
    According to AmbitionBox, 73% of the Mahindra Finance Deputy Managers in Mumbai reported a notice period of 3 Months, 14% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Mahindra Finance Deputy Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 73 Mahindra Finance latest salaries received from various employees of Mahindra Finance.