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

8 - 15 years exp.

₹6.4 Lakhs - ₹14.6 Lakhs

Salary of majority employees

26% less than the average IT Manager Salary in NBFC Companies for 8 - 15 years of experience

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Last Updated: 4 Mar 2025

Companies similar to Mahindra Finance for IT Manager in IT & Information Security department

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance IT Manager Salary 5 - 7 years exp. (3 salaries)	₹7.9 L/yr - ₹9.5 L/yr 10% less	12 job openings
HDFC Bank IT Manager Salary 1 - 10 years exp. (38 salaries)	₹6.7 L/yr - ₹20 L/yr 22% more
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L&T Finance IT Manager Salary 5 - 7 years exp. (4 salaries)	₹8.6 L/yr - ₹11.2 L/yr 9% more
Cholamandalam Investment & Finance IT Manager Salary 13 - 18 years exp. (4 salaries)	₹10.1 L/yr - ₹15.2 L/yr 43% more
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (3 salaries)	₹8.7 L/yr - ₹10.2 L/yr 1% less
Bharat Financial Inclusion IT Manager Salary 6 - 11 years exp. (6 salaries)	₹4.5 L/yr - ₹11.7 L/yr 6% less
HDB Financial Services IT Manager Salary 7 - 22 years exp. (4 salaries)	₹10.2 L/yr - ₹16 L/yr 18% more
Satin Creditcare Network IT Manager Salary 8 - 11 years exp. (3 salaries)	₹5.1 L/yr - ₹7 L/yr 42% less
Mahindra Rural Housing Finance IT Manager Salary 12 - 13 years exp. (3 salaries)	₹5.5 L/yr - ₹19.7 L/yr 28% more

IT Manager salary at Mahindra Finance ranges between ₹6.4 Lakhs to ₹14.6 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance IT Manager salaries in IT & Information Security department

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.8 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
11 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹17 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.7 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.1 L/yr
15+ years (AmbitionBox Estimate)	₹6.4 L/yr - ₹11 L/yr

View all

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IT Executive Salary

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Salary related reviews for Mahindra Finance

3.5

Rated by 2 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

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.

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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 my previous org.

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Mahindra Finance IT Manager Salary FAQs

What is the salary of IT Manager at Mahindra Finance in IT & Information Security department?

IT Manager salary at Mahindra Finance in IT & Information Security department in India ranges between ₹6.4 Lakhs to ₹14.6 Lakhs for experience between 8 years to 15 years. According to our estimates it is 26% less than the average IT Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance India in IT & Information Security department.

How does the salary of a IT Manager at Mahindra Finance India in IT & Information Security department compare with the average salary range for this job?

The average salary of a IT Manager at Mahindra Finance in IT & Information Security department is 26% 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 IT & Information Security department in India?

Cholamandalam Investment & Finance IT Manager Salary - ₹10.1 Lakhs to ₹15.2 Lakhs per year
Mahindra Rural Housing Finance IT Manager Salary - ₹5.5 Lakhs to ₹19.7 Lakhs per year
HDFC Bank IT Manager Salary - ₹6.7 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services IT Manager Salary - ₹10.2 Lakhs to ₹16.0 Lakhs per year
L&T Finance IT Manager Salary - ₹8.6 Lakhs to ₹11.2 Lakhs per year

What is the salary of a IT Manager in IT & Information Security department in companies similar to Mahindra Finance in India?

Aditya Birla Capital IT Manager Salary - ₹8.7 Lakhs to ₹10.2 Lakhs per year
Bharat Financial Inclusion IT Manager Salary - ₹4.5 Lakhs to ₹11.7 Lakhs per year
Bajaj Finance IT Manager Salary - ₹7.9 Lakhs to ₹9.5 Lakhs per year
Satin Creditcare Network IT Manager Salary - ₹5.1 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a IT Manager in IT & Information Security department at Mahindra Finance in India?

The estimated take-home salary of a IT Manager in IT & Information Security department at Mahindra Finance ranges between ₹71,137 per month to ₹72,969 per month in India. The take-home salary calculation is based on the average Mahindra Finance IT Manager salary in India which ranges between ₹6.4 Lakhs to ₹14.6 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?

What is the notice period for IT Manager in IT & Information Security department at Mahindra Finance?

According to AmbitionBox, 40% of the Mahindra Finance IT Managers in IT & Information Security department reported a notice period of 1 Month, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Mahindra Finance IT Manager Salaries

Mahindra Finance IT Manager salary in IT & Information Security department in India ranges between ₹6.4 Lakhs to ₹14.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance IT Manager salaries in IT & Information Security in India (Updated 2025)

Companies similar to Mahindra Finance for IT Manager in IT & Information Security department

Latest annual salaries shared by Mahindra Finance IT Manager in IT & Information Security department

Experience wise Mahindra Finance IT Manager salaries in IT & Information Security department

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Deputy Manager in Mumbai

Deputy Manager in Chandigarh Sector 34 A

Senior Engineer in Aurangaba Maharashtra

Sales Executive in Salem

Area Business Manager in Hyderabad / Secunderabad

Mahindra Finance IT Manager Salary FAQs

Tell us how to improve this page.

Mahindra Finance IT Manager Salaries by Location