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Mahindra Finance HR Manager salaries in India (Updated 2025)

Annual salary range
2 - 15 years exp.
₹7 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (92%)
₹11.2 Lakhs
Variable (8%)
₹0.9 Lakh
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9% more than the average HR Manager Salary in NBFC Companies for 2 - 15 years of experience

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Salaries in different departments

Human Resources
HR Manager Salary
2 - 15 years exp. (38 salaries)
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₹8 L/yr - ₹19 L/yr

Administration & Facilities
HR Manager Salary
13 - 15 years exp. (AmbitionBox Estimate)
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₹17.7 L/yr - ₹18.7 L/yr

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for HR Manager

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

2 - 6 years exp. (34 salaries)

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₹6.1 L/yr - ₹15.5 L/yr

arrow icon 14% less
17 job openings
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HDFC Bank HR Manager Salary

2 - 13 years exp. (79 salaries)

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₹6 L/yr - ₹15.3 L/yr

arrow icon 11% less
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Shriram Finance HR Manager Salary

3 - 16 years exp. (11 salaries)

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₹2.2 L/yr - ₹7.5 L/yr

arrow icon 58% less
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L&T Finance HR Manager Salary

5 - 13 years exp. (58 salaries)

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₹7 L/yr - ₹15 L/yr

arrow icon 12% less
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₹9 L/yr - ₹15 L/yr

arrow icon 7% more
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Muthoot Finance HR Manager Salary

2 - 11 years exp. (10 salaries)

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₹2.8 L/yr - ₹9 L/yr

arrow icon 66% less
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Aditya Birla Capital HR Manager Salary

1 - 4 years exp. (20 salaries)

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₹7.5 L/yr - ₹25 L/yr

arrow icon 33% more
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Edelweiss HR Manager Salary

2 - 6 years exp. (8 salaries)

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₹7.5 L/yr - ₹18.8 L/yr

arrow icon 4% less
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Sammaan Capital Limited HR Manager Salary

2 - 11 years exp. (10 salaries)

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₹3.6 L/yr - ₹8.3 L/yr

arrow icon 53% less
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HDB Financial Services HR Manager Salary

6 - 14 years exp. (91 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 37% less
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SMFG India Credit HR Manager Salary

6 - 13 years exp. (32 salaries)

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₹6 L/yr - ₹14.1 L/yr

arrow icon 17% less
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Aavas Financiers HR Manager Salary

3 - 11 years exp. (25 salaries)

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₹4.5 L/yr - ₹9.1 L/yr

arrow icon 46% less
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Bharat Financial Inclusion HR Manager Salary

5 - 12 years exp. (17 salaries)

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₹5.1 L/yr - ₹9.6 L/yr

arrow icon 37% less
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SK Finance Limited HR Manager Salary

5 - 10 years exp. (14 salaries)

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₹3.8 L/yr - ₹9 L/yr

arrow icon 51% less
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Poonawalla Fincorp HR Manager Salary

3 - 13 years exp. (14 salaries)

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₹5.3 L/yr - ₹17.5 L/yr

arrow icon 4% less
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TVS Credit HR Manager Salary

4 - 13 years exp. (12 salaries)

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₹8.2 L/yr - ₹15 L/yr

arrow icon 13% less
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Satin Creditcare Network HR Manager Salary

6 - 14 years exp. (11 salaries)

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₹5.8 L/yr - ₹8 L/yr

arrow icon 46% less
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Muthoot Microfin HR Manager Salary

3 - 14 years exp. (11 salaries)

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₹3 L/yr - ₹6.2 L/yr

arrow icon 58% less
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IIFL Finance HR Manager Salary

7 - 10 years exp. (10 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 25% less
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₹2.8 L/yr - ₹11.7 L/yr

arrow icon 40% less
View all
HR Manager salary at Mahindra Finance ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 47 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance HR Manager

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2 years exp.
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9 years exp.
3w ago
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8 years exp.
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8 years exp.
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2 years exp.
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15 years exp.

Experience wise Mahindra Finance HR Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹5.1 L/yr - ₹15 L/yr
3 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹15 L/yr
6 years  (3 salaries)

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₹9.5 L/yr - ₹13.7 L/yr
View all

Similar Designation salaries in Mahindra Finance

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₹5 L/yr - ₹12 L/yr
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₹4.5 L/yr - ₹8.9 L/yr
HR Executive Salary
(18 salaries)
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₹1.3 L/yr - ₹4 L/yr
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₹2 L/yr - ₹4.2 L/yr
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₹7 L/yr - ₹14.5 L/yr
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₹9 L/yr - ₹31.8 L/yr
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₹4.15 L/yr - ₹4.6 L/yr
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₹7.3 L/yr - ₹11.5 L/yr
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₹5.05 L/yr - ₹5.55 L/yr
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₹5.85 L/yr - ₹6.66 L/yr

Top skills at Mahindra Finance for HR Manager

UAT Debugging HRMS Human Resource Management HR Analytics
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Salary related reviews for Mahindra Finance

3.5

Rated by 3 employees for salary & benefits

Human Resources Department

3.0
  •  posted on 22 May 2022

3.0
 for  Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

  • Job security - Excellent

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

read more
  • Skill development - Bad
  • +2 more

Human Resources Department

4.0
  •  posted on 25 Mar 2021

3.0
 for  Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

read more
  • Skill development - Good
  • +4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

read 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
see more salary related reviews

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Mahindra Finance HR Manager Salary FAQs

What is the salary of HR Manager at Mahindra Finance?
HR Manager salary at Mahindra Finance in India ranges between ₹7.0 Lakhs to ₹20.0 Lakhs for experience between 2 years to 15 years. According to our estimates it is 9% more than the average HR Manager Salary in India. Salary estimates are based on 47 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a HR Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a HR Manager at Mahindra Finance is 9% more than the average salary of a HR Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a HR Manager at Mahindra Finance?
UAT, Debugging, HRMS, Human Resource Management and HR Analytics are some of the popular skills required to work as a HR Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a HR Manager in India?
  • Aditya Birla Capital HR Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
  • Cholamandalam Investment & Finance HR Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a HR Manager in companies similar to Mahindra Finance in India?
  • Edelweiss HR Manager Salary - ₹7.5 Lakhs to ₹18.8 Lakhs per year
  • Poonawalla Fincorp HR Manager Salary - ₹5.3 Lakhs to ₹17.5 Lakhs per year
  • Capri Global Capital HR Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
  • Sundaram Finance HR Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • PNB Housing Finance HR Manager Salary - ₹9.4 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a HR Manager at Mahindra Finance in India?
The estimated take-home salary of a HR Manager at Mahindra Finance ranges between ₹86,257 per month to ₹88,517 per month in India. The take-home salary calculation is based on the average Mahindra Finance HR Manager salary in India which ranges between ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?
What is the notice period for HR Manager at Mahindra Finance?
According to AmbitionBox, 75% of the Mahindra Finance HR Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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Mahindra Finance HR Manager salary in India ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 47 Mahindra Finance latest salaries received from various employees of Mahindra Finance.