Mahindra Finance Mumbai Manager M1 Salaries by 3 Employees (Updated 2024)

15 - 17 years exp.

₹10 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Manager M1 Salary in NBFC Companies for 15 - 17 years of experience

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Last Updated: 7 Oct 2024

Companies similar to Mahindra Finance for Manager M1 in Mumbai

Mahindra Finance Manager M1 Salary

15 - 17 years exp. (3 salaries)

₹10 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 5 - 13 years exp. (24 salaries)	₹6 L/yr - ₹10.5 L/yr 35% less
SMFG India Credit Manager M1 Salary 2 - 12 years exp. (15 salaries)	₹6.5 L/yr - ₹15 L/yr 15% less
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ICICI Bank Manager M1 Salary 1 - 17 years exp. (496 salaries)	₹4.5 L/yr - ₹17 L/yr 13% less
ICICI Securities Manager M1 Salary 1 - 11 years exp. (34 salaries)	₹4.3 L/yr - ₹9.5 L/yr 46% less
Capgemini Manager M1 Salary 10 - 18 years exp. (24 salaries)	₹9.4 L/yr - ₹25.5 L/yr 15% more

Manager M1 salary at Mahindra Finance ranges between ₹10 Lakhs to ₹14 Lakhs per year for employees with experience between 15 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Manager M1 salaries in Mumbai

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹10 L/yr - ₹14 L/yr
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Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(65 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹25.2 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.

Dislikes

So far no issues.

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

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..

Dislikes

Only salary package..

Customer Service Manager in Kolkata

Finance & Accounting Department

1.0

• posted on 04 Dec 2020

2.0

for Salary and Benefits

Likes

...ation from last 8 months every employees suffering for salery isse, every month dedicating our 6k to 7k salary / month

Dislikes

1st of all salary issue

Customer Service Manager

Finance Department

1.0

• posted on 22 Sep 2017

1.0

for Salary and Benefits

Likes

... there is no culture and no job security . Managers not approve travel claim. Compeny has not given salary of my notice period .

Dislikes

There is No culture

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Manager M1 Salary FAQs

What is the notice period for Manager M1 at Mahindra Finance in Mumbai?

According to AmbitionBox, 100% of the Mahindra Finance Manager M1s in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Finance Manager M1 Salaries in Mumbai

Mahindra Finance Manager M1 salary in Mumbai ranges between ₹10 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.