Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary34% less than the average Manager Salary in NBFC Companies for 5 - 17 years of experience
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Salaries in different departments
Finance & Accounting
Manager Salary
10 - 15
years
exp.
(11
salaries)
|  ₹7 L/yr - ₹17.1 L/yr |
BFSI, Investments & Trading
Manager Salary
5 - 14
years
exp.
(6
salaries)
| ₹8 L/yr - ₹19.2 L/yr |
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| |
Data Science & Analytics
Manager Salary
6 - 9
years
exp.
(5
salaries)
| ₹9.6 L/yr - ₹21 L/yr |
Engineering - Software & QA
Manager Salary
9 - 10
years
exp.
(4
salaries)
| ₹10.2 L/yr - ₹13 L/yr |
Sales & Business Development
Manager Salary
5 - 10
years
exp.
(4
salaries)
| ₹7.4 L/yr - ₹14.3 L/yr |
Companies similar to Mahindra Finance for Manager in Mumbai
Mahindra Finance
Manager Salary
5 - 17 years exp. (57 salaries) |  ₹7 L/yr - ₹18 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 L&T Finance Manager Salary
1 - 14 years exp. (235 salaries) | ₹5.2 L/yr - ₹16.1 L/yr 
2%
more | |
 SMFG India Credit Manager Salary
1 - 10 years exp. (105 salaries) | ₹6 L/yr - ₹22 L/yr
13%
more | |
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| ||
 IIFL Finance Manager Salary
3 - 14 years exp. (68 salaries) | ₹3.9 L/yr - ₹16.6 L/yr 
14%
less | |
 Kotak Mahindra Prime Manager Salary
0 - 14 years exp. (59 salaries) | ₹5 L/yr - ₹12.2 L/yr
19%
less | |
 Bajaj Finance Manager Salary
1 - 10 years exp. (56 salaries) | ₹3.6 L/yr - ₹12 L/yr
38%
less | 155 job openings |
 HDB Financial Services Manager Salary
4 - 16 years exp. (55 salaries) | ₹6 L/yr - ₹18.3 L/yr
1%
less | 1 job opening |
 Capri Global Capital Manager Salary
4 - 10 years exp. (30 salaries) | ₹6.8 L/yr - ₹15.8 L/yr
11%
more | |
 Tata Capital Housing Finance Manager Salary
0 - 14 years exp. (20 salaries) | ₹6.5 L/yr - ₹15 L/yr
19%
more | |
 Shriram Finance Manager Salary
6 - 17 years exp. (17 salaries) | ₹4.3 L/yr - ₹12 L/yr
12%
less | |
 Sammaan Capital Limited Manager Salary
3 - 13 years exp. (16 salaries) | ₹4 L/yr - ₹14 L/yr
23%
less | |
 Mahindra Rural Housing Finance Manager Salary
5 - 13 years exp. (15 salaries) | ₹8 L/yr - ₹16.5 L/yr
4%
less | |
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| ||
 Poonawalla Fincorp Manager Salary
2 - 14 years exp. (14 salaries) | ₹7.3 L/yr - ₹15.8 L/yr
4%
more | |
 Muthoot Fincorp Manager Salary
5 - 12 years exp. (4 salaries) | ₹4 L/yr - ₹10 L/yr
42%
less | |
 PNB Housing Finance Manager Salary
5 - 9 years exp. (4 salaries) | ₹7.6 L/yr - ₹9.3 L/yr
16%
less | |
 Sundaram Finance Manager Salary
10 - 13 years exp. (4 salaries) | ₹10.7 L/yr - ₹14 L/yr
10%
more | |
 Aavas Financiers Manager Salary
3 - 4 years exp. (3 salaries) | ₹7 L/yr - ₹9.6 L/yr
25%
less | |
Latest annual salaries shared by Mahindra Finance Manager in Mumbai
Experience wise Mahindra Finance Manager salaries in Mumbai
Last Updated: 20 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 5 years (5 salaries) |
₹7.5
L/yr
- ₹15
L/yr
|
| 6 years (5 salaries) |
₹7.4
L/yr
- ₹15
L/yr
|
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| |
| 7 years (4 salaries) |
₹9
L/yr
- ₹19
L/yr
|
| 8 years (5 salaries) |
₹8.8
L/yr
- ₹19.2
L/yr
|
| 9 years (10 salaries) |
₹8.2
L/yr
- ₹19.4
L/yr
|
From
To
Manager
5 - 17 years exp.
Senior Manager
4 - 13 years exp.
Similar Designation salaries in Mahindra Finance
Top skills at Mahindra Finance for Manager
Salary related reviews for Mahindra Finance
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Mahindra Finance Manager Salary FAQs
The top 10% of Manager in Mumbai at Mahindra Finance earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹21.9 Lakhs per year. Manager Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 50+ Mahindra Finance employees in India.
- - HR Operations
- - Business Development
- - Sales Management
- - Process Planning
- - Malayalam
These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
| Tata Capital Housing Finance | ₹6.5 Lakhs to ₹15.0 Lakhs per year |
| SMFG India Credit | ₹6.0 Lakhs to ₹22.0 Lakhs per year |
| Capri Global Capital | ₹6.8 Lakhs to ₹15.8 Lakhs per year |
| Sundaram Finance | ₹10.7 Lakhs to ₹14.0 Lakhs per year |
| Poonawalla Fincorp | ₹7.3 Lakhs to ₹15.8 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
| L&T Finance | ₹5.2 Lakhs to ₹16.1 Lakhs per year |
| HDB Financial Services | ₹6.0 Lakhs to ₹18.3 Lakhs per year |
| Mahindra Rural Housing Finance | ₹8.0 Lakhs to ₹16.5 Lakhs per year |
| Shriram Finance | ₹4.3 Lakhs to ₹12.0 Lakhs per year |
| IIFL Finance | ₹3.9 Lakhs to ₹16.6 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹7.5 Lakhs to ₹15.0 Lakhs per year |
| 6 years | ₹7.4 Lakhs to ₹15.0 Lakhs per year |
| 7 years | ₹9.0 Lakhs to ₹19.0 Lakhs per year |
| 8 years | ₹8.8 Lakhs to ₹19.2 Lakhs per year |
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Mahindra Finance Manager salary
in
Mumbai
ranges between ₹7
Lakhs to ₹18
Lakhs with an average annual salary of
₹. Salary estimates are based on
57
Mahindra Finance latest salaries received from various employees of
Mahindra Finance.