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Mahindra Finance

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Mahindra Finance Head of Product salaries in Mumbai

Annual salary range
11 - 22 years exp.
₹30 Lakhs - ₹40 Lakhs
Salary of majority employees
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Fixed (95%)
₹32.6 Lakhs
Variable (5%)
₹1.6 Lakh
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At par with the average Head of Product Salary in NBFC Companies for 11 - 22 years of experience

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Salaries in different departments

Strategic & Top Management
Head of Product Salary
11 - 15 years exp. (4 salaries)
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₹30 L/yr - ₹40 L/yr

Sales & Business Development
Head of Product Salary
22 years exp. (AmbitionBox Estimate)
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₹31.5 L/yr - ₹38.5 L/yr

Last Updated: 5 Apr 2023

Companies similar to Mahindra Finance for Head of Product in Mumbai

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Mahindra Finance Head of Product Salary

11 - 22 years exp. (5 salaries)

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₹30 L/yr - ₹40 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finance Head of Product Salary

3 - 11 years exp. (3 salaries)

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₹28.4 L/yr - ₹42 L/yr

arrow icon 13% more
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HDB Financial Services Head of Product Salary

19 - 28 years exp. (3 salaries)

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₹48 L/yr - ₹56 L/yr

arrow icon 55% more
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ICICI Bank Head of Product Salary

15 - 27 years exp. (12 salaries)

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₹30 L/yr - ₹70 L/yr

arrow icon 31% more
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HDFC Bank Head of Product Salary

11 - 18 years exp. (10 salaries)

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₹22 L/yr - ₹80 L/yr

arrow icon 40% more
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₹43 L/yr - ₹1 Cr/yr

arrow icon 112% more
Head of Product salary at Mahindra Finance ranges between ₹30 Lakhs to ₹40 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Head of Product in Mumbai

1y ago
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15 years exp.

Experience wise Mahindra Finance Head of Product salaries in Mumbai

Last Updated: 5 Apr 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹28.1 L/yr - ₹35.9 L/yr
12 years (AmbitionBox Estimate)

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₹28.6 L/yr - ₹36.5 L/yr
13 years (AmbitionBox Estimate)

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₹29.1 L/yr - ₹37.2 L/yr
14 years (AmbitionBox Estimate)

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₹29.6 L/yr - ₹37.8 L/yr
15+ years (AmbitionBox Estimate)

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₹31.8 L/yr - ₹40.7 L/yr

Similar Designation salaries in Mahindra Finance

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₹20 L/yr - ₹22.8 L/yr

Top skills at Mahindra Finance for Head of Product

Business Planning

Salary related reviews for Mahindra Finance

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

 · 

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
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Mahindra Finance Head of Product Salary FAQs

What is the salary of Head of Product at Mahindra Finance in Mumbai?
The average salary of a Head of Product at Mahindra Finance in Mumbai typically ranges from ₹30.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 11 years to 22 years).

The top 10% of Head of Product in Mumbai at Mahindra Finance earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Head of Product 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 5 Mahindra Finance employees in India.
What is the estimated take home salary of a Head of Product at Mahindra Finance in Mumbai?
The estimated take-home salary of a Head of Product at Mahindra Finance in Mumbai typically ranges from ₹2,07,725 to ₹2,15,981 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 11 years to 22 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 5 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Head of Product at Mahindra Finance in Mumbai?
Business Planning is a popular skill required to work as a Head of Product at Mahindra Finance.
Which companies offer higher salaries than Mahindra Finance for Head of Product in India?
Zee Entertainment Enterprises ₹43.0 Lakhs to ₹102.0 Lakhs per year
HDB Financial Services ₹48.0 Lakhs to ₹56.0 Lakhs per year
HDFC Bank ₹22.0 Lakhs to ₹80.0 Lakhs per year
ICICI Bank ₹30.0 Lakhs to ₹70.0 Lakhs per year
Bajaj Finance ₹28.4 Lakhs to ₹42.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
How the salary growth look like for a Head of Product at Mahindra Finance in Mumbai?
The salary growth for a Head of Product at Mahindra Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Head of Product in Mumbai can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
11 years ₹28.1 Lakhs to ₹35.9 Lakhs per year
12 years ₹28.6 Lakhs to ₹36.5 Lakhs per year
13 years ₹29.1 Lakhs to ₹37.2 Lakhs per year
14 years ₹29.6 Lakhs to ₹37.8 Lakhs per year
and so on.

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Mahindra Finance Head of Product salary in Mumbai ranges between ₹30 Lakhs to ₹40 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.