Mahindra Finance Chennai Manager Salaries by 7 Employees (Updated 2025)

5 - 13 years exp.

₹4.8 Lakhs - ₹12 Lakhs

Salary of majority employees

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)	Unlock ₹7.5 L/yr - ₹9.8 L/yr
BFSI, Investments & Trading Manager Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹8.3 L/yr - ₹11 L/yr
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Finance & Accounting Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹8.9 L/yr
Sales & Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹8.8 L/yr - ₹12 L/yr
Legal & Regulatory Manager Salary 13 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹8.7 L/yr

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Last Updated: 25 Feb 2025

Companies similar to Mahindra Finance for Manager in Chennai

Mahindra Finance Manager Salary

5 - 13 years exp. (7 salaries)

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₹4.8 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 11 years exp. (49 salaries)	Unlock ₹3.5 L/yr - ₹10.1 L/yr 31% less	108 job openings
HDFC Bank Manager Salary 0 - 19 years exp. (1k salaries)	Unlock ₹4.1 L/yr - ₹13.2 L/yr 8% less
Login to view exact salary
Shriram Finance Manager Salary 5 - 15 years exp. (22 salaries)	Unlock ₹8.1 L/yr - ₹14.7 L/yr 8% less
L&T Finance Manager Salary 3 - 11 years exp. (9 salaries)	Unlock ₹5.7 L/yr - ₹15 L/yr 10% more
Cholamandalam Investment & Finance Manager Salary 3 - 15 years exp. (32 salaries)	Unlock ₹3.8 L/yr - ₹10.5 L/yr At par
Muthoot Finance Manager Salary 3 - 15 years exp. (14 salaries)	Unlock ₹3 L/yr - ₹5.5 L/yr 50% less
Aditya Birla Capital Manager Salary 5 - 11 years exp. (12 salaries)	Unlock ₹4.5 L/yr - ₹17 L/yr 10% more
HDB Financial Services Manager Salary 4 - 16 years exp. (26 salaries)	Unlock ₹5.2 L/yr - ₹13.1 L/yr 8% less
TVS Credit Manager Salary 0 - 11 years exp. (23 salaries)	Unlock ₹5.8 L/yr - ₹21.3 L/yr 29% more
Manappuram Finance Manager Salary 1 - 9 years exp. (16 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 51% less
Kotak Mahindra Prime Manager Salary 5 - 13 years exp. (15 salaries)	Unlock ₹5 L/yr - ₹8.6 L/yr 14% less
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Sundaram Finance Manager Salary 9 - 20 years exp. (12 salaries)	Unlock ₹9 L/yr - ₹13 L/yr 24% more
IIFL Finance Manager Salary 8 - 12 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹7.3 L/yr 26% less
SMFG India Credit Manager Salary 8 - 11 years exp. (7 salaries)	Unlock ₹4.3 L/yr - ₹10.5 L/yr 1% more
Muthoot Fincorp Manager Salary 4 - 11 years exp. (3 salaries)	Unlock ₹3.4 L/yr - ₹6 L/yr 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.

Experience wise Mahindra Finance Manager salaries in Chennai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹15.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹10 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹8.7 L/yr - ₹16.4 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹8.4 L/yr - ₹10.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹17 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

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

Salary related reviews for Mahindra Finance

4.0

Rated by 2 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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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 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 Salaries in Chennai

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