Mahindra Finance Mumbai IT Manager Salaries by 10+ Employees (Updated 2025)

10 - 17 years exp.

₹6.4 Lakhs - ₹21.4 Lakhs

Salary of majority employees

Unlock

10% less than the average IT Manager Salary in NBFC Companies for 10 - 17 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA IT Manager Salary 11 - 17 years exp. (7 salaries)	Unlock ₹11.3 L/yr - ₹22.8 L/yr
IT & Information Security IT Manager Salary 10 - 15 years exp. (5 salaries)	Unlock ₹6.4 L/yr - ₹20 L/yr
Login to view exact salary
Data Science & Analytics IT Manager Salary 10 - 16 years exp. (AmbitionBox Estimate)	Unlock ₹10.1 L/yr - ₹13.3 L/yr
Project & Program Management IT Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹10.4 L/yr - ₹13.3 L/yr
Engineering - Hardware & Networks IT Manager Salary 10 years exp. (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹15 L/yr

Last Updated: 4 Mar 2025

Companies similar to Mahindra Finance for IT Manager in Mumbai

Mahindra Finance IT Manager Salary

10 - 17 years exp. (19 salaries)

Unlock

₹6.4 L/yr - ₹21.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 7 - 11 years exp. (58 salaries)	Unlock ₹7 L/yr - ₹20 L/yr 10% more
L&T Finance IT Manager Salary 7 - 9 years exp. (4 salaries)	Unlock ₹8.6 L/yr - ₹14.2 L/yr 9% less
Login to view exact salary
Cholamandalam Investment & Finance IT Manager Salary 16 - 18 years exp. (3 salaries)	Unlock ₹15 L/yr - ₹17.6 L/yr 23% more
Reliance Capital IT Manager Salary 12 - 15 years exp. (3 salaries)	Unlock ₹12.2 L/yr - ₹12.8 L/yr 1% less
Edelweiss IT Manager Salary 5 - 15 years exp. (7 salaries)	Unlock ₹8 L/yr - ₹17 L/yr 8% more
Mahindra Rural Housing Finance IT Manager Salary 12 - 13 years exp. (3 salaries)	Unlock ₹5.4 L/yr - ₹19.7 L/yr 1% more
HDB Financial Services IT Manager Salary 1 - 8 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹12 L/yr 20% less

Sun Pharmaceutical Industries

Join us and thrive in a company culture that inspires and empowers.

IT Manager salary at Mahindra Finance ranges between ₹6.4 Lakhs to ₹21.4 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 19 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance IT Manager in Mumbai

5d ago

Unlock

11 years exp.

3mo ago

Unlock

13 years exp.

4mo ago

Unlock

16 years exp.

1y ago

Unlock

17 years exp.

1y ago

Unlock

10 years exp.

1y ago

Unlock

11 years exp.

1y ago

Unlock

10 years exp.

1y ago

Unlock

15 years exp.

1y ago

Unlock

10 years exp.

1y ago

Unlock

11 years exp.

Experience wise Mahindra Finance IT Manager salaries in Mumbai

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
10 years (5 salaries)	Unlock ₹6.4 L/yr - ₹15 L/yr
11 years (6 salaries)	Unlock ₹10 L/yr - ₹20 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹22.4 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹22.8 L/yr
15+ years (4 salaries)	Unlock ₹6.4 L/yr - ₹22.3 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(73 salaries)

Unlock

₹4.2 L/yr - ₹11.5 L/yr

Project Manager Salary

(13 salaries)

Unlock

₹8 L/yr - ₹25.2 L/yr

IT Executive Salary

(6 salaries)

Unlock

₹2.65 L/yr - ₹3.7 L/yr

Devops Engineer Salary

(3 salaries)

Unlock

₹3.2 L/yr - ₹19 L/yr

Salary related reviews for Mahindra Finance

4.4

Rated by 5 employees for salary & benefits

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

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....

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance IT Manager Salary FAQs

What is the salary of IT Manager at Mahindra Finance Mumbai?

IT Manager salary at Mahindra Finance in Mumbai ranges between ₹6.4 Lakhs to ₹21.4 Lakhs for experience between 10 years to 17 years. According to our estimates it is 10% less than the average IT Manager Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Mahindra Finance Mumbai.

How does the salary of a IT Manager at Mahindra Finance Mumbai compare with the average salary range for this job?

The average salary of a IT Manager at Mahindra Finance is 10% less than the average salary of a IT Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a IT Manager in Mumbai?

Cholamandalam Investment & Finance IT Manager Salary - ₹15.0 Lakhs to ₹17.6 Lakhs per year
HDFC Bank IT Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Mahindra Rural Housing Finance IT Manager Salary - ₹5.4 Lakhs to ₹19.7 Lakhs per year

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

Reliance Capital IT Manager Salary - ₹12.2 Lakhs to ₹12.8 Lakhs per year
L&T Finance IT Manager Salary - ₹8.6 Lakhs to ₹14.2 Lakhs per year
HDB Financial Services IT Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a IT Manager at Mahindra Finance ranges between ₹88,335 per month to ₹90,653 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance IT Manager salary in India which ranges between ₹6.4 Lakhs to ₹21.4 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Mahindra Finance in Mumbai?

According to AmbitionBox, 64% of the Mahindra Finance IT Managers in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance IT Manager Salaries >
Mahindra Finance IT Manager Salaries in Mumbai

Mahindra Finance IT Manager salary in Mumbai ranges between ₹6.4 Lakhs to ₹21.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Mahindra Finance latest salaries received from various employees of Mahindra Finance.