Mahindra Finance Manager Salaries by 100+ Employees (Updated 2025)

5 - 17 years exp.

₹4.8 Lakhs - ₹15 Lakhs

Salary of majority employees

Fixed (91%)

₹8.7 Lakhs

Variable (9%)

₹0.8 Lakh

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41% less than the average Manager Salary in NBFC Companies for 5 - 17 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Manager Salary 5 - 17 years exp. (27 salaries)	Unlock ₹5.9 L/yr - ₹15 L/yr
Finance & Accounting Manager Salary 5 - 15 years exp. (25 salaries)	Unlock ₹4 L/yr - ₹15 L/yr
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BFSI, Investments & Trading Manager Salary 5 - 17 years exp. (22 salaries)	Unlock ₹4 L/yr - ₹13.5 L/yr
Customer Success, Service & Operations Manager Salary 5 - 14 years exp. (9 salaries)	Unlock ₹4.8 L/yr - ₹15 L/yr
Administration & Facilities Manager Salary 10 - 17 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹12.1 L/yr

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Last Updated: 2 Mar 2025

Companies similar to Mahindra Finance for Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 13 years exp. (652 salaries)	Unlock ₹2.8 L/yr - ₹10.7 L/yr 32% less	42 job openings
HDFC Bank Manager Salary 0 - 19 years exp. (10.2k salaries)	Unlock ₹5 L/yr - ₹14.6 L/yr 1% less
Login to view exact salary
Shriram Finance Manager Salary 5 - 15 years exp. (114 salaries)	Unlock ₹3 L/yr - ₹13.6 L/yr 18% less
L&T Finance Manager Salary 1 - 13 years exp. (342 salaries)	Unlock ₹5.1 L/yr - ₹17 L/yr 13% more
Cholamandalam Investment & Finance Manager Salary 3 - 14 years exp. (100 salaries)	Unlock ₹3.8 L/yr - ₹8.3 L/yr 27% less
Muthoot Finance Manager Salary 3 - 14 years exp. (174 salaries)	Unlock ₹2.3 L/yr - ₹6.6 L/yr 52% less
Aditya Birla Capital Manager Salary 1 - 11 years exp. (199 salaries)	Unlock ₹4.5 L/yr - ₹18 L/yr 12% more
Reliance Capital Manager Salary 0 - 16 years exp. (32 salaries)	Unlock ₹5 L/yr - ₹20.9 L/yr 25% more
Edelweiss Manager Salary 3 - 14 years exp. (285 salaries)	Unlock ₹5.1 L/yr - ₹21 L/yr 31% more
Sammaan Capital Limited Manager Salary 3 - 13 years exp. (95 salaries)	Unlock ₹3.5 L/yr - ₹12.9 L/yr 18% less

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Manager salary at Mahindra Finance ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 155 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Manager

3d ago

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6 years exp.

3d ago

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17 years exp.

4d ago

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7 years exp.

5d ago

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13 years exp.

1w ago

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13 years exp.

1w ago

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8 years exp.

2w ago

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10 years exp.

2w ago

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12 years exp.

2w ago

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14 years exp.

2w ago

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5 years exp.

Experience wise Mahindra Finance Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
5 years (16 salaries)	Unlock ₹3.8 L/yr - ₹15 L/yr
6 years (16 salaries)	Unlock ₹3.7 L/yr - ₹14.9 L/yr
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7 years (13 salaries)	Unlock ₹4 L/yr - ₹14.6 L/yr
8 years (21 salaries)	Unlock ₹6 L/yr - ₹13.3 L/yr
9 years (23 salaries)	Unlock ₹4.5 L/yr - ₹13.2 L/yr
10 years (21 salaries)	Unlock ₹4 L/yr - ₹16.5 L/yr
11 years (8 salaries)	Unlock ₹5 L/yr - ₹16.2 L/yr
12 years (9 salaries)	Unlock ₹6.5 L/yr - ₹17.1 L/yr
13 years (7 salaries)	Unlock ₹5 L/yr - ₹17.5 L/yr
14 years (8 salaries)	Unlock ₹7.5 L/yr - ₹16.9 L/yr
15+ years (13 salaries)	Unlock ₹7.3 L/yr - ₹14.8 L/yr

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From

Manager

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5 - 17 years exp.

Senior Manager

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₹

Lakhs/yr

4 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Credit Manager Salary

(88 salaries)

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₹2.3 L/yr - ₹12.01 L/yr

Deputy Manager Salary

(234 salaries)

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Audit Executive Salary

(AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Deputy General Manager Salary

(19 salaries)

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₹24 L/yr - ₹46 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

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₹95.9 L/yr - ₹106.1 L/yr

Senior Consultant Salary

(4 salaries)

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₹0.4 L/yr - ₹1.2 L/yr

Top skills at Mahindra Finance for Manager

HR Operations Business Development Sales Management Process Planning Relationship Management

Salary related reviews for Mahindra Finance

3.6

Rated by 21 employees for salary & benefits

Credit Manager in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

Salary - Poor

+6 more

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.

Credit Manager in Mumbai

BFSI, Investments & Trading Department

2.0

• posted on 28 Jun 2022

1.0

for Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

Salary - Bad

+4 more

Credit Manager in Sinnar

BFSI, Investments & Trading Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

Salary - Excellent

+5 more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

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..

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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... read more

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Mahindra Finance Manager Salary FAQs

What is the salary of Manager at Mahindra Finance?

Manager salary at Mahindra Finance in India ranges between ₹4.8 Lakhs to ₹15.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 41% less than the average Manager Salary in India. Salary estimates are based on 155 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Manager at Mahindra Finance is 41% less than the average salary of a Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at Mahindra Finance?

HR Operations, Business Development, Sales Management, Process Planning and Relationship Management are some of the popular skills required to work as a Manager at Mahindra Finance India.

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

Edelweiss Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year
Reliance Capital Manager Salary - ₹5.0 Lakhs to ₹20.9 Lakhs per year
Poonawalla Fincorp Manager Salary - ₹6.3 Lakhs to ₹20.0 Lakhs per year
Tata Capital Housing Finance Manager Salary - ₹6.0 Lakhs to ₹15.1 Lakhs per year
Sundaram Finance Manager Salary - ₹9.0 Lakhs to ₹15.6 Lakhs per year

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

LendingKart Manager Salary - ₹7.0 Lakhs to ₹20.5 Lakhs per year
SMFG India Credit Manager Salary - ₹4.9 Lakhs to ₹19.0 Lakhs per year
L&T Finance Manager Salary - ₹5.1 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Capital Manager Salary - ₹4.5 Lakhs to ₹18.0 Lakhs per year
Capri Global Capital Manager Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Manager at Mahindra Finance ranges between ₹69,059 per month to ₹70,832 per month in India. The take-home salary calculation is based on the average Mahindra Finance Manager salary in India which ranges between ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Manager at Mahindra Finance?

According to AmbitionBox, 68% of the Mahindra Finance Managers reported a notice period of 3 Months, 14% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 142 responses on AmbitionBox in last 2 years.

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Mahindra Finance Manager Salaries by Location

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Mahindra Finance Manager Salaries

Mahindra Finance Manager salary in India ranges between ₹4.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 155 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Manager

Latest annual salaries shared by Mahindra Finance Manager

Experience wise Mahindra Finance Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Manager

Salary related reviews for Mahindra Finance

Credit Manager in Chennai

Deputy Manager in Mumbai

Credit Manager in Mumbai

Credit Manager in Sinnar

Deputy Manager in Chandigarh Sector 34 A

Mahindra Finance Manager Salary FAQs

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