Mahindra Finance Chennai IT Manager Salaries by 6 Employees

8 - 15 years exp.

₹8.1 Lakhs - ₹14 Lakhs

Salary of majority employees

23% less than the average IT Manager Salary in NBFC Companies for 8 - 15 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Mahindra Finance for IT Manager in Chennai

Mahindra Finance IT Manager Salary

8 - 15 years exp. (6 salaries)

₹8.1 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro IT Manager Salary 5 - 15 years exp. (16 salaries)	₹3.5 L/yr - ₹14.1 L/yr 25% less
Cholamandalam Investment & Finance IT Manager Salary 10 - 18 years exp. (15 salaries)	₹9.5 L/yr - ₹19.2 L/yr 37% more
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Equitas Small Finance Bank IT Manager Salary 5 - 13 years exp. (13 salaries)	₹6.9 L/yr - ₹19 L/yr 30% more
Unimoni IT Manager Salary 9 - 16 years exp. (11 salaries)	₹15.7 L/yr - ₹22 L/yr 75% more
Flex IT Manager Salary 13 - 18 years exp. (11 salaries)	₹18 L/yr - ₹27 L/yr 115% more

IT Manager salary at Mahindra Finance ranges between ₹8.1 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance IT Manager salaries in Chennai

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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10 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
14 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(16 salaries)

₹5.12 L/yr - ₹10 L/yr

Salary related reviews for Mahindra Finance

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Senior Engineer in Aurangaba Maharashtra

Technical Department

4.0

• posted on 25 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

Salary - Good

+1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

Job security - Poor

+3 more

Sales Executive in Salem

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

Salary - Bad

+4 more

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.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance IT Manager Salary FAQs

What is the salary of IT Manager at Mahindra Finance in Chennai?

The average salary of a IT Manager at Mahindra Finance in Chennai typically ranges from ₹8.1 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of IT Manager in Chennai at Mahindra Finance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. IT Manager 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 6 Mahindra Finance employees in India.

What is the estimated take home salary of a IT Manager at Mahindra Finance in Chennai?

The estimated take-home salary of a IT Manager at Mahindra Finance in Chennai typically ranges from ₹77,139 to ₹79,141 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 6 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for IT Manager in India?

Flex	₹18.0 Lakhs to ₹27.0 Lakhs per year
Unimoni	₹15.7 Lakhs to ₹22.0 Lakhs per year
Cholamandalam Investment & Finance	₹9.5 Lakhs to ₹19.2 Lakhs per year
Equitas Small Finance Bank	₹6.9 Lakhs to ₹19.0 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.

What is the salary of a IT Manager in companies similar to Mahindra Finance in Chennai?

The salary of a IT Manager at companies similar to Mahindra Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro

₹3.5 Lakhs to ₹14.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a IT Manager at Mahindra Finance in Chennai?

The salary growth for a IT Manager at Mahindra Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Chennai can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
8 years	₹8.7 Lakhs to ₹11.2 Lakhs per year
9 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
10 years	₹9.1 Lakhs to ₹11.6 Lakhs per year
11 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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Mahindra Finance IT Manager Salaries in Chennai

Mahindra Finance IT Manager salary in Chennai ranges between ₹8.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.