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Mahindra Finance

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Mahindra Finance Manager salaries in Chennai (Updated 2025)

Annual salary range
5 - 13 years exp.
₹4.8 Lakhs - ₹12 Lakhs
Salary of majority employees
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Fixed (92%)
₹8.5 Lakhs
Variable (8%)
₹0.7 Lakh
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45% less than the average Manager Salary in NBFC Companies for 5 - 13 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations
Manager Salary
10 - 13 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.8 L/yr

BFSI, Investments & Trading
Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹11 L/yr

Finance & Accounting
Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹8.9 L/yr

Sales & Business Development
Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹8.8 L/yr - ₹12 L/yr

Legal & Regulatory
Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹8.7 L/yr

View all

Last Updated: 25 Feb 2025

Companies similar to Mahindra Finance for Manager in Chennai

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Mahindra Finance Manager Salary

5 - 13 years exp. (7 salaries)

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₹4.8 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finance Manager Salary

1 - 11 years exp. (49 salaries)

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₹3.5 L/yr - ₹10.1 L/yr

arrow icon 31% less
108 job openings
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HDFC Bank Manager Salary

0 - 19 years exp. (1k salaries)

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₹4.1 L/yr - ₹13.2 L/yr

arrow icon 8% less
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Shriram Finance Manager Salary

5 - 15 years exp. (22 salaries)

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₹8.1 L/yr - ₹14.7 L/yr

arrow icon 8% less
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L&T Finance Manager Salary

3 - 11 years exp. (9 salaries)

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₹5.7 L/yr - ₹15 L/yr

arrow icon 10% more
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₹3.8 L/yr - ₹10.5 L/yr

At par
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Muthoot Finance Manager Salary

3 - 15 years exp. (14 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 50% less
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Aditya Birla Capital Manager Salary

5 - 11 years exp. (12 salaries)

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₹4.5 L/yr - ₹17 L/yr

arrow icon 10% more
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HDB Financial Services Manager Salary

4 - 16 years exp. (26 salaries)

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₹5.2 L/yr - ₹13.1 L/yr

arrow icon 8% less
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TVS Credit Manager Salary

0 - 11 years exp. (23 salaries)

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₹5.8 L/yr - ₹21.3 L/yr

arrow icon 29% more
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Manappuram Finance Manager Salary

1 - 9 years exp. (16 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 51% less
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Kotak Mahindra Prime Manager Salary

5 - 13 years exp. (15 salaries)

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₹5 L/yr - ₹8.6 L/yr

arrow icon 14% less
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Sundaram Finance Manager Salary

9 - 20 years exp. (12 salaries)

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₹9 L/yr - ₹13 L/yr

arrow icon 24% more
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IIFL Finance Manager Salary

8 - 12 years exp. (7 salaries)

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₹3 L/yr - ₹7.3 L/yr

arrow icon 26% less
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SMFG India Credit Manager Salary

8 - 11 years exp. (7 salaries)

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₹4.3 L/yr - ₹10.5 L/yr

arrow icon 1% more
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Muthoot Fincorp Manager Salary

4 - 11 years exp. (3 salaries)

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₹3.4 L/yr - ₹6 L/yr

arrow icon 44% less

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Manager salary at Mahindra Finance ranges between ₹4.8 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Manager in Chennai

1w ago
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13 years exp.
8mo ago
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5 years exp.
11mo ago
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7 years exp.
1y ago
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8 years exp.
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9 years exp.
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13 years exp.
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10 years exp.

Experience wise Mahindra Finance Manager salaries in Chennai

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹8 L/yr - ₹15.5 L/yr
6 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹16.3 L/yr
View all
Mahindra Finance Manager Salary and Career Growth

From

To

Manager

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5 - 17 years exp.

Senior Manager

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unlock blur 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

Deputy Manager Salary
(16 salaries)
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₹5.12 L/yr - ₹10 L/yr
Credit Manager Salary
(4 salaries)
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₹5.4 L/yr - ₹12 L/yr

Top skills at Mahindra Finance for Manager

HR Operations Business Development Sales Management Process Planning Relationship Management
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Salary related reviews for Mahindra Finance

4.0

Rated by 2 employees for salary & benefits

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.,

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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.

read more
  • Salary - Bad
  • +4 more

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

read more
  • 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

read more

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..

read more
  • Salary - Excellent
  • +6 more

Dislikes

Only salary package..

see more salary related reviews

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Mahindra Finance Manager Salary FAQs

What is the salary of Manager at Mahindra Finance Chennai?
Manager salary at Mahindra Finance in Chennai ranges between ₹4.8 Lakhs to ₹12.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 45% less than the average Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance Chennai.
How does the salary of a Manager at Mahindra Finance Chennai compare with the average salary range for this job?
The average salary of a Manager at Mahindra Finance is 45% less than the average salary of a Manager in Chennai. 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 Chennai.
Which similar companies are paying more than Mahindra Finance to a Manager in Chennai?
  • TVS Credit Manager Salary - ₹5.8 Lakhs to ₹21.3 Lakhs per year
  • Sundaram Finance Manager Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
  • L&T Finance Manager Salary - ₹5.7 Lakhs to ₹15.0 Lakhs per year
  • Aditya Birla Capital Manager Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
  • SMFG India Credit Manager Salary - ₹4.3 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Manager in companies similar to Mahindra Finance in Chennai?
  • Cholamandalam Investment & Finance Manager Salary - ₹3.8 Lakhs to ₹10.5 Lakhs per year
  • HDFC Bank Manager Salary - ₹4.1 Lakhs to ₹13.2 Lakhs per year
  • Shriram Finance Manager Salary - ₹8.1 Lakhs to ₹14.7 Lakhs per year
  • HDB Financial Services Manager Salary - ₹5.2 Lakhs to ₹13.1 Lakhs per year
  • Kotak Mahindra Prime Manager Salary - ₹5.0 Lakhs to ₹8.6 Lakhs per year
What is the estimated take home salary of a Manager at Mahindra Finance in Chennai?
The estimated take-home salary of a Manager at Mahindra Finance ranges between ₹67,214 per month to ₹68,935 per month in Chennai. The take-home salary calculation is based on the average Mahindra Finance Manager salary in India which ranges between ₹4.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Manager at Mahindra Finance in Chennai?
According to AmbitionBox, 67% of the Mahindra Finance Managers in Chennai reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra Finance Manager salary in Chennai ranges between ₹4.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.