Mahindra Finance Manager Salaries by 4 Employees (Updated 2024)

9 - 11 years exp.

₹4.8 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Manager Salary in NBFC Companies for 9 - 11 years of experience

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Last Updated: 28 Oct 2024

Companies similar to Mahindra Finance for Manager in Risk Management & Compliance department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (247 salaries)	₹4.7 L/yr - ₹16 L/yr 7% more	1 job opening
L&T Finance Manager Salary 1 - 9 years exp. (5 salaries)	₹8.1 L/yr - ₹11.4 L/yr 14% more
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Aditya Birla Capital Manager Salary 2 - 9 years exp. (5 salaries)	₹7.5 L/yr - ₹18.6 L/yr 22% more
Kotak Mahindra Prime Manager Salary 2 - 10 years exp. (6 salaries)	₹6.5 L/yr - ₹10 L/yr 4% less
IIFL Finance Manager Salary 4 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹8.5 L/yr 29% less	1 job opening
SMFG India Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹9 L/yr - ₹11 L/yr 13% more
Aavas Financiers Manager Salary 4 - 10 years exp. (3 salaries)	₹6 L/yr - ₹6.8 L/yr 29% less

Manager salary at Mahindra Finance ranges between ₹4.8 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Manager salaries in Risk Management & Compliance department

Last Updated: 28 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.8 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.8 L/yr
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11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr

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Senior Consultant Salary

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Top skills at Mahindra Finance for Manager

HR Operations Business Development Relationship Management Project Management Raw Material

Salary related reviews for Mahindra Finance

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.,

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.

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.

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.

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

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..

Dislikes

Only salary package..

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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 Salary FAQs

What is the salary of Manager at Mahindra Finance in Risk Management & Compliance department?

Manager salary at Mahindra Finance in Risk Management & Compliance department in India ranges between ₹4.8 Lakhs to ₹10.0 Lakhs for experience between 9 years to 11 years. According to our estimates it is 35% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India in Risk Management & Compliance department.

How does the salary of a Manager at Mahindra Finance India in Risk Management & Compliance department compare with the average salary range for this job?

The average salary of a Manager at Mahindra Finance in Risk Management & Compliance department is 35% 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, Relationship Management, Project Management and Raw Material 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 Risk Management & Compliance department in India?

Aditya Birla Capital Manager Salary - ₹7.5 Lakhs to ₹18.6 Lakhs per year
L&T Finance Manager Salary - ₹8.1 Lakhs to ₹11.4 Lakhs per year
SMFG India Credit Manager Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Manager Salary - ₹4.7 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Manager in Risk Management & Compliance department in companies similar to Mahindra Finance in India?

Kotak Mahindra Prime Manager Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
IIFL Finance Manager Salary - ₹3.6 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers Manager Salary - ₹6.0 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a Manager in Risk Management & Compliance department at Mahindra Finance in India?

The estimated take-home salary of a Manager in Risk Management & Compliance department at Mahindra Finance ranges between ₹66,430 per month to ₹68,128 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 ₹10.0 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager in Risk Management & Compliance department at Mahindra Finance?

According to AmbitionBox, 80% of the Mahindra Finance Managers in Risk Management & Compliance department reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Finance Manager Salaries in Risk Management & Compliance

Mahindra Finance Manager salary in Risk Management & Compliance department in India ranges between ₹4.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.