Mahindra Finance HR Manager Salaries by 40+ Employees (Updated 2025)

2 - 15 years exp.

₹7 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (92%)

₹11.2 Lakhs

Variable (8%)

₹0.9 Lakh

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)	₹8 L/yr - ₹19 L/yr
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Administration & Facilities HR Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹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
Bajaj Finance HR Manager Salary 2 - 6 years exp. (34 salaries)	₹6.1 L/yr - ₹15.5 L/yr 14% less	17 job openings
HDFC Bank HR Manager Salary 2 - 13 years exp. (79 salaries)	₹6 L/yr - ₹15.3 L/yr 11% less
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Shriram Finance HR Manager Salary 3 - 16 years exp. (11 salaries)	₹2.2 L/yr - ₹7.5 L/yr 58% less
L&T Finance HR Manager Salary 5 - 13 years exp. (57 salaries)	₹7 L/yr - ₹15 L/yr 12% less
Cholamandalam Investment & Finance HR Manager Salary 7 - 16 years exp. (11 salaries)	₹9 L/yr - ₹15 L/yr 7% more
Muthoot Finance HR Manager Salary 2 - 11 years exp. (10 salaries)	₹2.8 L/yr - ₹9 L/yr 66% less
Aditya Birla Capital HR Manager Salary 1 - 4 years exp. (20 salaries)	₹7.5 L/yr - ₹25 L/yr 33% more
Edelweiss HR Manager Salary 2 - 6 years exp. (8 salaries)	₹7.5 L/yr - ₹18.8 L/yr 4% less
Sammaan Capital Limited HR Manager Salary 5 - 11 years exp. (8 salaries)	₹5 L/yr - ₹8.3 L/yr 47% less
HDB Financial Services HR Manager Salary 6 - 14 years exp. (89 salaries)	₹4 L/yr - ₹13 L/yr 34% less
SMFG India Credit HR Manager Salary 6 - 13 years exp. (32 salaries)	₹6 L/yr - ₹14.1 L/yr 18% less
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Aavas Financiers HR Manager Salary 3 - 11 years exp. (25 salaries)	₹4.5 L/yr - ₹9.1 L/yr 46% less
Bharat Financial Inclusion HR Manager Salary 5 - 12 years exp. (17 salaries)	₹5.1 L/yr - ₹9.6 L/yr 37% less
SK Finance Limited HR Manager Salary 5 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹9 L/yr 51% less
Poonawalla Fincorp HR Manager Salary 3 - 13 years exp. (14 salaries)	₹5.3 L/yr - ₹17.5 L/yr At par
TVS Credit HR Manager Salary 4 - 13 years exp. (12 salaries)	₹8.2 L/yr - ₹15 L/yr 13% less
Satin Creditcare Network HR Manager Salary 6 - 14 years exp. (11 salaries)	₹5.8 L/yr - ₹8 L/yr 46% less
Muthoot Microfin HR Manager Salary 3 - 14 years exp. (11 salaries)	₹3 L/yr - ₹6.2 L/yr 58% less
IIFL Finance HR Manager Salary 7 - 10 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr 25% less
Spandana Sphoorty Financial HR Manager Salary 2 - 9 years exp. (7 salaries)	₹4 L/yr - ₹12 L/yr 39% less

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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.

Experience wise Mahindra Finance HR Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹5.1 L/yr - ₹15 L/yr
3 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹16 L/yr
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4 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹15 L/yr
6 years (3 salaries)	₹9.5 L/yr - ₹13.7 L/yr
7 years (6 salaries)	₹7 L/yr - ₹13.8 L/yr
8 years (6 salaries)	₹9 L/yr - ₹17 L/yr
9 years (4 salaries)	₹9.8 L/yr - ₹20 L/yr
10 years (6 salaries)	₹9 L/yr - ₹14 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹21.5 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr
13 years (4 salaries)	₹11 L/yr - ₹18.6 L/yr
14 years (4 salaries)	₹11 L/yr - ₹14.3 L/yr
15+ years (3 salaries)	₹11.3 L/yr - ₹18.6 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager HR Salary

(48 salaries)

₹5 L/yr - ₹12 L/yr

Assistant Manager- HR Salary

(44 salaries)

₹4.5 L/yr - ₹8.9 L/yr

HR Executive Salary

(18 salaries)

₹1.3 L/yr - ₹4 L/yr

Administration Executive Salary

(11 salaries)

₹2 L/yr - ₹4.2 L/yr

Administration Manager Salary

(11 salaries)

₹7 L/yr - ₹14.5 L/yr

HR Business Partner Salary

(11 salaries)

₹9 L/yr - ₹31.8 L/yr

Sr. Admin Executive Salary

(8 salaries)

₹4.15 L/yr - ₹4.6 L/yr

Regional HR Manager Salary

(8 salaries)

₹7.3 L/yr - ₹11.5 L/yr

Assistant Manager Administrator Salary

(7 salaries)

₹5.05 L/yr - ₹5.55 L/yr

Deputy Manager Administration Salary

(6 salaries)

₹5.85 L/yr - ₹6.66 L/yr

Top skills at Mahindra Finance for HR Manager

UAT Debugging HRMS Human Resource Management HR Analytics

Salary related reviews for Mahindra Finance

3.5

Rated by 3 employees for salary & benefits

Assistant Manager- HR in Mumbai

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

Skill development - Bad

+2 more

HR Business Partner in Mumbai

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

Skill development - Good

+4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

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.

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

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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
Sundaram Finance HR Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
Cholamandalam Investment & Finance HR Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Poonawalla Fincorp HR Manager Salary - ₹5.3 Lakhs to ₹17.5 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
Capri Global Capital HR Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance HR Manager Salary - ₹9.4 Lakhs to ₹15.0 Lakhs per year
HDFC Bank HR Manager Salary - ₹6.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance HR Manager Salary - ₹7.0 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 Salaries

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