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...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.
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Annual salary range
8 - 17 years exp.
₹5
Lakhs - ₹17.8
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary23% less than the average IT Manager Salary in NBFC Companies for 8 - 17 years of experience
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Salaries in different departments
IT & Information Security
IT Manager Salary
8 - 15
years
exp.
(10
salaries)
|  ₹6.4 L/yr - ₹15.5 L/yr |
Engineering - Software & QA
IT Manager Salary
10 - 17
years
exp.
(9
salaries)
| ₹11.3 L/yr - ₹13.7 L/yr |
Login to view exact salary
| |
Engineering - Hardware & Networks
IT Manager Salary
8 - 13
years
exp.
(5
salaries)
| ₹5 L/yr - ₹15 L/yr |
Data Science & Analytics
IT Manager Salary
10 - 16
years
exp.
(AmbitionBox Estimate)
| ₹10.1 L/yr - ₹12 L/yr |
Project & Program Management
IT Manager Salary
10 - 11
years
exp.
(AmbitionBox Estimate)
| ₹10.4 L/yr - ₹11 L/yr |
Companies similar to Mahindra Finance for IT Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Finance IT Manager Salary
1 - 11 years exp. (18 salaries) | ₹4.6 L/yr - ₹13.2 L/yr 
18%
less | |
 HDFC Bank IT Manager Salary
1 - 11 years exp. (109 salaries) | ₹6.7 L/yr - ₹20 L/yr 
11%
more | |
Login to view exact salary
| ||
 Shriram Finance IT Manager Salary
3 - 28 years exp. (3 salaries) | ₹2.8 L/yr - ₹4.5 L/yr
63%
less | |
 L&T Finance IT Manager Salary
5 - 8 years exp. (7 salaries) | ₹8.6 L/yr - ₹14.2 L/yr
5%
more | |
 Cholamandalam Investment & Finance IT Manager Salary
8 - 18 years exp. (20 salaries) | ₹9.5 L/yr - ₹19.2 L/yr
67%
more | |
 Aditya Birla Capital IT Manager Salary
7 - 10 years exp. (4 salaries) | ₹8.7 L/yr - ₹18.2 L/yr
9%
more | |
 Reliance Capital IT Manager Salary
9 - 15 years exp. (4 salaries) | ₹5 L/yr - ₹12.8 L/yr
8%
less | |
 Edelweiss IT Manager Salary
5 - 15 years exp. (7 salaries) | ₹8 L/yr - ₹17 L/yr
26%
more | |
 Bharat Financial Inclusion IT Manager Salary
5 - 15 years exp. (13 salaries) | ₹6 L/yr - ₹12 L/yr
15%
less | |
 Aavas Financiers IT Manager Salary
5 - 14 years exp. (10 salaries) | ₹4.5 L/yr - ₹7 L/yr
44%
less | |
 HDB Financial Services IT Manager Salary
1 - 22 years exp. (6 salaries) | ₹6 L/yr - ₹16 L/yr At par | |
Login to view exact salary
| ||
 Poonawalla Fincorp IT Manager Salary
1 - 23 years exp. (5 salaries) | ₹11 L/yr - ₹12.8 L/yr
9%
more | |
 Satin Creditcare Network IT Manager Salary
5 - 11 years exp. (4 salaries) | ₹5.1 L/yr - ₹8.5 L/yr
37%
less | |
 Manappuram Finance IT Manager Salary
2 - 14 years exp. (4 salaries) | ₹3.6 L/yr - ₹8 L/yr
50%
less | |
 Capri Global Capital IT Manager Salary
6 - 10 years exp. (4 salaries) | ₹9.3 L/yr - ₹10.5 L/yr
6%
less | |
 SMFG India Credit IT Manager Salary
7 - 15 years exp. (4 salaries) | ₹8.5 L/yr - ₹12 L/yr
7%
less | |
 IIFL Finance IT Manager Salary
9 - 15 years exp. (3 salaries) | ₹12.4 L/yr - ₹17 L/yr
39%
more | |
 Mahindra Rural Housing Finance IT Manager Salary
12 - 13 years exp. (3 salaries) | ₹4.2 L/yr - ₹18.4 L/yr
6%
more | |
 Muthoot Microfin IT Manager Salary
4 - 8 years exp. (4 salaries) | ₹6.5 L/yr - ₹16 L/yr
2%
less | |
 TVS Credit IT Manager Salary
10 - 13 years exp. (3 salaries) | ₹10.5 L/yr - ₹32 L/yr
117%
more | |
View all
IT Manager salary at Mahindra Finance ranges between ₹5
Lakhs
to ₹17.8
Lakhs
per year for employees with experience between 8 years to 17 years. Salary
estimates are based on
33 latest salaries received
from various employees of Mahindra Finance.
Latest annual salaries shared by Mahindra Finance IT Manager
3d ago
12
years
exp.
1w ago
11
years
exp.
1mo ago
13
years
exp.
2mo ago
15
years
exp.
2mo ago
16
years
exp.
5mo ago
13
years
exp.
7mo ago
8
years
exp.
10mo ago
17
years
exp.
10mo ago
11
years
exp.
11mo ago
10
years
exp.
Experience wise Mahindra Finance IT Manager salaries
Last Updated: 15 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 8 years (AmbitionBox Estimate) |
₹7.8
L/yr
- ₹17.1
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹7.2
L/yr
- ₹17.6
L/yr
|
Login to view exact salary
| |
| 10 years (9 salaries) |
₹5
L/yr
- ₹17
L/yr
|
| 11 years (7 salaries) |
₹10
L/yr
- ₹18.4
L/yr
|
| 12 years (5 salaries) |
₹7
L/yr
- ₹19
L/yr
|
View all
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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Mahindra Finance IT Manager Salary FAQs
What is the salary of IT Manager at Mahindra Finance?
IT Manager salary at Mahindra Finance in India ranges between ₹5.0 Lakhs to ₹17.8 Lakhs for experience between 8 years to 17 years. According to our estimates it is 23% less than the average IT Manager Salary in India. Salary estimates are based on 33 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a IT Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a IT Manager at Mahindra Finance is 23% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a IT Manager in India?
- TVS Credit IT Manager Salary - ₹10.5 Lakhs to ₹32.0 Lakhs per year
- Cholamandalam Investment & Finance IT Manager Salary - ₹9.5 Lakhs to ₹19.2 Lakhs per year
- CreditAccess Grameen IT Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
- IIFL Finance IT Manager Salary - ₹12.4 Lakhs to ₹17.0 Lakhs per year
- Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
What is the salary of a IT Manager in companies similar to Mahindra Finance in India?
- HDFC Bank IT Manager Salary - ₹6.7 Lakhs to ₹20.0 Lakhs per year
- Poonawalla Fincorp IT Manager Salary - ₹11.0 Lakhs to ₹12.8 Lakhs per year
- Aditya Birla Capital IT Manager Salary - ₹8.7 Lakhs to ₹18.2 Lakhs per year
- Mahindra Rural Housing Finance IT Manager Salary - ₹4.2 Lakhs to ₹18.4 Lakhs per year
- L&T Finance IT Manager Salary - ₹8.6 Lakhs to ₹14.2 Lakhs per year
What is the estimated take home salary of a IT Manager at Mahindra Finance in India?
The estimated take-home salary of a IT Manager at Mahindra Finance ranges between ₹76,532 per month to ₹78,517 per month in India. The take-home salary calculation is based on the average Mahindra Finance IT Manager salary in India which ranges between ₹5.0 Lakhs to ₹17.8 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?
What is the notice period for IT Manager at Mahindra Finance?
According to AmbitionBox, 52% of the Mahindra Finance IT Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.
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Mahindra Finance IT Manager Salaries by Location
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Mahindra Finance IT Manager salary
in
India
ranges between ₹5
Lakhs to ₹17.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
33
Mahindra Finance latest salaries received from various employees of
Mahindra Finance.