Mahindra Finance New Delhi Deputy Manager Salaries by 10+ Employees (Updated 2025)

1 - 11 years exp.

₹4.9 Lakhs - ₹9 Lakhs

Salary of majority employees

24% less than the average Deputy Manager Salary in NBFC Companies for 1 - 11 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Deputy Manager Salary 1 - 11 years exp. (5 salaries)	₹5.3 L/yr - ₹9 L/yr
BFSI, Investments & Trading Deputy Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹8.4 L/yr
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IT & Information Security Deputy Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.3 L/yr
Administration & Facilities Deputy Manager Salary 6 - 11 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8 L/yr
Data Science & Analytics Deputy Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹9 L/yr

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Last Updated: 23 Feb 2025

Companies similar to Mahindra Finance for Deputy Manager in New Delhi

Mahindra Finance Deputy Manager Salary

1 - 11 years exp. (18 salaries)

₹4.9 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (2.1k salaries)	₹2.3 L/yr - ₹10 L/yr 13% less
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (1.9k salaries)	₹2.8 L/yr - ₹11 L/yr 5% less
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Axis Bank Deputy Manager Salary 0 - 14 years exp. (1.3k salaries)	₹2.2 L/yr - ₹11 L/yr 8% less
Bajaj Finance Deputy Manager Salary 0 - 10 years exp. (35 salaries)	₹3.3 L/yr - ₹6.5 L/yr 28% less	408 job openings
Tata Capital Deputy Manager Salary 4 - 8 years exp. (7 salaries)	₹3.1 L/yr - ₹7 L/yr 31% less
Kotak Mahindra Prime Deputy Manager Salary 1 - 12 years exp. (55 salaries)	₹4 L/yr - ₹7.2 L/yr 19% less
Satin Creditcare Network Deputy Manager Salary 2 - 12 years exp. (26 salaries)	₹4 L/yr - ₹8 L/yr 13% less
IIFL Finance Deputy Manager Salary 2 - 12 years exp. (20 salaries)	₹3.6 L/yr - ₹8.9 L/yr 14% less
TVS Credit Deputy Manager Salary 1 - 11 years exp. (15 salaries)	₹6 L/yr - ₹12.5 L/yr 56% more	1 job opening
Muthoot Finance Deputy Manager Salary 6 - 14 years exp. (15 salaries)	₹3 L/yr - ₹7.5 L/yr 19% less
Capri Global Capital Deputy Manager Salary 5 - 12 years exp. (13 salaries)	₹5.9 L/yr - ₹8 L/yr 7% less
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Shriram Finance Deputy Manager Salary 5 - 13 years exp. (13 salaries)	₹3.5 L/yr - ₹8.3 L/yr 14% less
Muthoot Fincorp Deputy Manager Salary 5 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.9 L/yr 18% less
Aditya Birla Capital Deputy Manager Salary 3 - 7 years exp. (5 salaries)	₹5.1 L/yr - ₹8.5 L/yr 7% less
Poonawalla Fincorp Deputy Manager Salary 6 - 12 years exp. (5 salaries)	₹5 L/yr - ₹8 L/yr 9% more
Sundaram Finance Deputy Manager Salary 7 - 10 years exp. (4 salaries)	₹5.2 L/yr - ₹7.5 L/yr 9% more
Electronica Finance Deputy Manager Salary 6 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹9.3 L/yr 11% more

Deputy Manager salary at Mahindra Finance ranges between ₹4.9 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 18 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Deputy Manager salaries in New Delhi

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
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3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
4 years (4 salaries)	₹6.1 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (3 salaries)	₹4.9 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.5 L/yr
9 years (3 salaries)	₹6.1 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr

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From

Deputy Manager

₹

Lakhs/yr

0 - 14 years exp.

Divisional Manager

₹

Lakhs/yr

9 - 23 years exp.

Deputy Manager 0 - 14 years exp.

Area Business Manager 5 - 18 years exp.

25% hike

Divisional Manager 9 - 23 years exp.

105% hike

From

1 more level

Deputy Manager

0 - 14 years exp.

Senior Manager

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

Branch Manager Salary

(3 salaries)

₹4.8 L/yr - ₹5.4 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

4.0

Rated by 4 employees for salary & benefits

Deputy Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

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..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Relationship Manager in Chandigarh

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.

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.

Salary - Bad

+6 more

Customer Service Manager in Kolkata

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

Job security - Good

+1 more

Dislikes

1st of all salary issue

Salary - Poor

+4 more

Customer Service Manager

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 .

Dislikes

There is No culture

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Finance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Mahindra Finance New Delhi?

Deputy Manager salary at Mahindra Finance in New Delhi ranges between ₹4.9 Lakhs to ₹9.0 Lakhs for experience between 1 years to 11 years. According to our estimates it is 24% less than the average Deputy Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Mahindra Finance New Delhi.

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

The average salary of a Deputy Manager at Mahindra Finance is 24% less than the average salary of a Deputy Manager in New Delhi. 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 New Delhi.

Which similar companies are paying more than Mahindra Finance to a Deputy Manager in New Delhi?

TVS Credit Deputy Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
Electronica Finance Deputy Manager Salary - ₹6.5 Lakhs to ₹9.3 Lakhs per year
Sundaram Finance Deputy Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
Poonawalla Fincorp Deputy Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Mahindra Finance in New Delhi?

ICICI Bank Deputy Manager Salary - ₹2.8 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Capital Deputy Manager Salary - ₹5.1 Lakhs to ₹8.5 Lakhs per year
Capri Global Capital Deputy Manager Salary - ₹5.9 Lakhs to ₹8.0 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.2 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Mahindra Finance ranges between ₹51,902 per month to ₹53,126 per month in New Delhi. The take-home salary calculation is based on the average Mahindra Finance Deputy Manager salary in India which ranges between ₹4.9 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Mahindra Finance in New Delhi?

According to AmbitionBox, 44% of the Mahindra Finance Deputy Managers in New Delhi reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Mahindra Finance Deputy Manager Salaries in New Delhi

Mahindra Finance Deputy Manager salary in New Delhi ranges between ₹4.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Mahindra Finance latest salaries received from various employees of Mahindra Finance.