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Mahindra Finance General Manager salaries in India (Updated 2025)

Annual salary range
15 - 18 years exp.
₹35.5 Lakhs - ₹74 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.
Salary of majority employees
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52% more than the average General Manager Salary in NBFC Companies for 15 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations
General Manager Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹53 L/yr - ₹54.5 L/yr

Finance & Accounting
General Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹35.5 L/yr - ₹65 L/yr

BFSI, Investments & Trading
General Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr

Data Science & Analytics
General Manager Salary
17 years exp. (AmbitionBox Estimate)
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₹70.3 L/yr - ₹77.7 L/yr

Last Updated: 1 Feb 2025

Companies similar to Mahindra Finance for General Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance General Manager Salary

3 - 20 years exp. (4 salaries)

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₹20 L/yr - ₹40 L/yr

arrow icon 50% less
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0 - 14 years exp. (9 salaries)

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₹22.9 L/yr - ₹41.8 L/yr

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0 - 15 years exp. (12 salaries)

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₹9 L/yr - ₹22.5 L/yr

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0 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹24 L/yr

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₹20.2 L/yr - ₹24 L/yr

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IndusInd Bank General Manager Salary

4 - 6 years exp. (4 salaries)

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₹6.1 L/yr - ₹14.5 L/yr

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State Bank of India General Manager Salary

28 - 31 years exp. (25 salaries)

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₹21 L/yr - ₹70 L/yr

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Bank of Baroda General Manager Salary

27 - 33 years exp. (6 salaries)

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₹40 L/yr - ₹94 L/yr

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Punjab National Bank General Manager Salary

22 - 31 years exp. (5 salaries)

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₹15 L/yr - ₹47.5 L/yr

arrow icon 36% less
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Union Bank of India General Manager Salary

28 - 32 years exp. (7 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 51% less
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Mahindra & Mahindra General Manager Salary

13 - 30 years exp. (37 salaries)

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₹34.6 L/yr - ₹1 Cr/yr

arrow icon 15% more
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Hero MotoCorp General Manager Salary

20 - 30 years exp. (33 salaries)

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₹62 L/yr - ₹1 Cr/yr

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TVS Motor General Manager Salary

18 - 36 years exp. (11 salaries)

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₹40 L/yr - ₹65 L/yr

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Maruti Suzuki General Manager Salary

12 - 26 years exp. (33 salaries)

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₹29.9 L/yr - ₹61.3 L/yr

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Ashok Leyland General Manager Salary

18 - 27 years exp. (7 salaries)

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₹66 L/yr - ₹1.1 Cr/yr

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Poonawalla Fincorp General Manager Salary

7 - 15 years exp. (59 salaries)

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₹19.6 L/yr - ₹40 L/yr

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Sammaan Capital Limited General Manager Salary

10 - 22 years exp. (13 salaries)

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₹29.1 L/yr - ₹38 L/yr

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₹14.5 L/yr - ₹23.5 L/yr

arrow icon 66% less
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Manappuram Finance General Manager Salary

18 - 22 years exp. (10 salaries)

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₹14 L/yr - ₹30 L/yr

arrow icon 57% less
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₹15 L/yr - ₹29.2 L/yr

arrow icon 63% less
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General Manager salary at Mahindra Finance ranges between ₹35.5 Lakhs to ₹74 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance General Manager

3d ago
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17 years exp.
2mo ago
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18 years exp.
7mo ago
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17 years exp.
1y ago
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15 years exp.
1y ago
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15 years exp.
1y ago
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16 years exp.
1y ago
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15 years exp.

Experience wise Mahindra Finance General Manager salaries

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
15+ years  (7 salaries)

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₹35.5 L/yr - ₹74 L/yr

Similar Designation salaries in Mahindra Finance

Area Manager Salary
(96 salaries)
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₹3.08 L/yr - ₹12.5 L/yr
Store Manager Salary
(3 salaries)
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₹5 L/yr - ₹26.5 L/yr
Sales Manager Salary
(107 salaries)
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₹2.35 L/yr - ₹8.2 L/yr
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₹24 L/yr - ₹46 L/yr
Cluster Manager Salary
(34 salaries)
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₹6.5 L/yr - ₹16 L/yr
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₹1.3 L/yr - ₹6.7 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹13.6 L/yr - ₹17.4 L/yr
General Manager Operations Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Owner Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Unit Head Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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Salary related reviews for Mahindra Finance

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.

read more
  • 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.

read more

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

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

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

read more
  • Salary - Poor
  • +2 more

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.,

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 30 Nov 2024

2.0
 for  Salary and Benefits

Likes

Mahindra finance job is very stable job having good experience and every employee is well trained have good knowledge about their job,when you work in office staff we gain all vertical knowledge like how to do collection and handle them getting knowledge of how to do bussiness where to get bussiness,cash handling,files handling lots of experience

read more
  • Skill development - Good
  • +3 more

Dislikes

In account works less salary and benefits in small branch having good cash flow and work but too less salary per annum no more hike also working for long term but not taking as onroll

read more
  • Salary - Poor
see more salary related reviews

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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 ₹35.5 Lakhs to ₹74.0 Lakhs for experience between 15 years to 18 years. According to our estimates it is 52% 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 52% 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
  • Mahindra & Mahindra General Manager Salary - ₹34.6 Lakhs to ₹100.0 Lakhs per year
  • SMFG India Credit General Manager Salary - ₹50.0 Lakhs to ₹72.0 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 ₹65.0 Lakhs per year
  • State Bank of India General Manager Salary - ₹21.0 Lakhs to ₹70.0 Lakhs per year
  • Maruti Suzuki General Manager Salary - ₹29.9 Lakhs to ₹61.3 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 ₹3,10,180 per month to ₹3,22,284 per month in India. The take-home salary calculation is based on the average Mahindra Finance General Manager salary in India which ranges between ₹35.5 Lakhs to ₹74.0 Lakhs per year for employees with experience between 15 years to 18 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.

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Mahindra Finance General Manager salary in India ranges between ₹35.5 Lakhs to ₹74 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.