Mahindra Finance General Manager Salaries by 7 Employees (Updated 2025)

15 - 21 years exp.

₹28 Lakhs - ₹67 Lakhs

Low Confidence

Salary of majority employees

61% more than the average General Manager Salary in NBFC Companies for 15 - 21 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations General Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹53 L/yr - ₹71 L/yr
Login to view exact salary
Finance & Accounting General Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹35.5 L/yr - ₹65 L/yr

Last Updated: 6 Nov 2024

Companies similar to Mahindra Finance for General Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance General Manager Salary 3 - 20 years exp. (4 salaries)	₹20 L/yr - ₹40 L/yr 53% less
HDFC Bank General Manager Salary 0 - 14 years exp. (9 salaries)	₹22.9 L/yr - ₹41.8 L/yr 60% less
Login to view exact salary
ICICI Bank General Manager Salary 0 - 14 years exp. (10 salaries)	₹6.5 L/yr - ₹14.1 L/yr 82% less
Axis Bank General Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹24 L/yr 77% less
Kotak Mahindra Bank General Manager Salary 1 year exp. (3 salaries)	₹20.2 L/yr - ₹24 L/yr 64% less
IndusInd Bank General Manager Salary 4 - 6 years exp. (4 salaries)	₹6.1 L/yr - ₹14.5 L/yr 82% less
State Bank of India General Manager Salary 28 - 31 years exp. (25 salaries)	₹21 L/yr - ₹70 L/yr 25% less
Bank of Baroda General Manager Salary 27 - 33 years exp. (6 salaries)	₹40 L/yr - ₹94 L/yr 11% less
Punjab National Bank General Manager Salary 22 - 31 years exp. (5 salaries)	₹15 L/yr - ₹47.5 L/yr 40% less
Canara Bank General Manager Salary 31 years exp. (6 salaries)	₹8 L/yr - ₹20.5 L/yr 75% less
Union Bank of India General Manager Salary 28 - 32 years exp. (7 salaries)	₹15 L/yr - ₹40 L/yr 54% less
Login to view exact salary
Mahindra & Mahindra General Manager Salary 13 - 30 years exp. (36 salaries)	₹33.9 L/yr - ₹1 Cr/yr 5% more
Hero MotoCorp General Manager Salary 20 - 30 years exp. (32 salaries)	₹62 L/yr - ₹1 Cr/yr 38% more
TVS Motor General Manager Salary 18 - 36 years exp. (14 salaries)	₹40 L/yr - ₹73 L/yr 12% less
Maruti Suzuki General Manager Salary 16 - 26 years exp. (25 salaries)	₹30.8 L/yr - ₹69.6 L/yr 12% less	1 job opening
Ashok Leyland General Manager Salary 18 - 27 years exp. (7 salaries)	₹66 L/yr - ₹1.1 Cr/yr 56% more
Poonawalla Fincorp General Manager Salary 7 - 15 years exp. (58 salaries)	₹19.6 L/yr - ₹40 L/yr 56% less
Sammaan Capital Limited General Manager Salary 10 - 22 years exp. (13 salaries)	₹29.1 L/yr - ₹38 L/yr 39% less
Bharat Financial Inclusion General Manager Salary 5 - 20 years exp. (11 salaries)	₹14.5 L/yr - ₹23.5 L/yr 68% less
Manappuram Finance General Manager Salary 18 - 22 years exp. (9 salaries)	₹14 L/yr - ₹30 L/yr 55% less

View all

General Manager salary at Mahindra Finance ranges between ₹28 Lakhs to ₹67 Lakhs per year for employees with experience between 15 years to 21 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance General Manager salaries

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
15+ years (7 salaries)	₹28 L/yr - ₹67 L/yr
Login to view exact salary

Similar Designation salaries in Mahindra Finance

Area Manager Salary

(97 salaries)

₹3.1 L/yr - ₹12.5 L/yr

Store Manager Salary

(3 salaries)

₹5 L/yr - ₹26.5 L/yr

Sales Manager Salary

(107 salaries)

₹2.1 L/yr - ₹8.2 L/yr

Deputy General Manager Salary

(20 salaries)

₹24 L/yr - ₹46 L/yr

Cluster Manager Salary

(31 salaries)

₹6.5 L/yr - ₹16 L/yr

Operations Manager Salary

(12 salaries)

₹1.3 L/yr - ₹6.7 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹13.6 L/yr - ₹17.4 L/yr

General Manager Operations Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Owner Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Unit Head Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Mahindra Finance

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....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

Credit Manager in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

Salary - Poor

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

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!

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance General Manager Salary FAQs

What is the salary of General Manager at Mahindra Finance?

General Manager salary at Mahindra Finance in India ranges between ₹28.0 Lakhs to ₹67.0 Lakhs for experience between 15 years to 21 years. According to our estimates it is 61% more than the average General Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a General Manager at Mahindra Finance is 61% more than the average salary of a General Manager in India. To know exact salary insights, login to view.

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

Ashok Leyland General Manager Salary - ₹66.0 Lakhs to ₹105.0 Lakhs per year
Hero MotoCorp General Manager Salary - ₹62.0 Lakhs to ₹102.0 Lakhs per year
SMFG India Credit General Manager Salary - ₹50.0 Lakhs to ₹72.0 Lakhs per year
Mahindra & Mahindra General Manager Salary - ₹33.9 Lakhs to ₹100.0 Lakhs per year

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

Bank of Baroda General Manager Salary - ₹40.0 Lakhs to ₹94.0 Lakhs per year
TVS Motor General Manager Salary - ₹40.0 Lakhs to ₹73.0 Lakhs per year
Maruti Suzuki General Manager Salary - ₹30.8 Lakhs to ₹69.6 Lakhs per year
State Bank of India General Manager Salary - ₹21.0 Lakhs to ₹70.0 Lakhs per year
Mahindra Rural Housing Finance General Manager Salary - ₹31.0 Lakhs to ₹50.0 Lakhs per year

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

The estimated take-home salary of a General Manager at Mahindra Finance ranges between ₹3,28,211 per month to ₹3,40,427 per month in India. The take-home salary calculation is based on the average Mahindra Finance General Manager salary in India which ranges between ₹28.0 Lakhs to ₹67.0 Lakhs per year for employees with experience between 15 years to 21 years. Check how did we calculate take home salary?

What is the notice period for General Manager at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance General Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance General Manager Salaries

Mahindra Finance General Manager salary in India ranges between ₹28 Lakhs to ₹67 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.