Mahindra Finance Operations Manager Salaries by 10+ Employees (Updated 2025)

1 - 15 years exp.

₹1.3 Lakh - ₹8.2 Lakhs

Salary of majority employees

63% less than the average Operations Manager Salary in NBFC Companies for 1 - 15 years of experience

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Salaries in different departments

Finance & Accounting Operations Manager Salary 1 - 9 years exp. (8 salaries)	₹1.3 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Operations Manager Salary 13 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.7 L/yr

Last Updated: 22 Feb 2025

Companies similar to Mahindra Finance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Operations Manager Salary 1 - 10 years exp. (124 salaries)	₹2.4 L/yr - ₹10 L/yr 34% more	44 job openings
L&T Finance Operations Manager Salary 1 - 6 years exp. (70 salaries)	₹1.8 L/yr - ₹3.6 L/yr 31% less
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HDB Financial Services Operations Manager Salary 6 - 15 years exp. (69 salaries)	₹2.4 L/yr - ₹9.5 L/yr 15% more
PNB Housing Finance Operations Manager Salary 2 - 13 years exp. (36 salaries)	₹3 L/yr - ₹10 L/yr 41% more
Kotak Mahindra Prime Operations Manager Salary 4 - 13 years exp. (35 salaries)	₹2.6 L/yr - ₹9 L/yr 23% more
Sammaan Capital Limited Operations Manager Salary 5 - 16 years exp. (34 salaries)	₹3.6 L/yr - ₹10.8 L/yr 54% more
IIFL Finance Operations Manager Salary 4 - 14 years exp. (33 salaries)	₹3 L/yr - ₹10.3 L/yr 35% more
SMFG India Credit Operations Manager Salary 1 - 13 years exp. (33 salaries)	₹2 L/yr - ₹9.3 L/yr 27% more
Manappuram Finance Operations Manager Salary 0 - 10 years exp. (29 salaries)	₹2 L/yr - ₹5.6 L/yr 9% less
Spandana Sphoorty Financial Operations Manager Salary 0 - 4 years exp. (29 salaries)	₹4.4 L/yr - ₹11 L/yr 81% more
Capri Global Capital Operations Manager Salary 3 - 11 years exp. (23 salaries)	₹3.2 L/yr - ₹8 L/yr 26% more
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Poonawalla Fincorp Operations Manager Salary 2 - 13 years exp. (23 salaries)	₹2.9 L/yr - ₹11.5 L/yr 76% more
Muthoot Finance Operations Manager Salary 2 - 16 years exp. (20 salaries)	₹3 L/yr - ₹6.4 L/yr 4% more
CreditAccess Grameen Operations Manager Salary 1 - 8 years exp. (19 salaries)	₹2.2 L/yr - ₹5.6 L/yr 12% less
Tata Capital Housing Finance Operations Manager Salary 5 - 18 years exp. (14 salaries)	₹4.2 L/yr - ₹12 L/yr 82% more
Mahindra Rural Housing Finance Operations Manager Salary 2 - 8 years exp. (12 salaries)	₹1.9 L/yr - ₹6 L/yr 14% less
Shriram Finance Operations Manager Salary 2 - 15 years exp. (11 salaries)	₹2.6 L/yr - ₹6.4 L/yr 19% more
Satin Creditcare Network Operations Manager Salary 1 - 8 years exp. (9 salaries)	₹4.8 L/yr - ₹10.5 L/yr 93% more
TVS Credit Operations Manager Salary 11 - 15 years exp. (7 salaries)	₹8.3 L/yr - ₹13.5 L/yr 179% more
Asirvad Microfinance Operations Manager Salary 2 - 14 years exp. (6 salaries)	₹2 L/yr - ₹5.1 L/yr 11% less

View all

Operations Manager salary at Mahindra Finance ranges between ₹1.3 Lakh to ₹8.2 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Operations Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.3 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr
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3 years (3 salaries)	₹1.8 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.7 L/yr
14 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹9.6 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Mahindra Finance

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Senior Operations Manager Salary

(5 salaries)

₹4.2 L/yr - ₹9 L/yr

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(4 salaries)

₹10.48 L/yr - ₹35 L/yr

Service Manager Salary

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₹3.1 L/yr - ₹3.9 L/yr

Team Manager Salary

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₹4.7 L/yr - ₹10 L/yr

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Branch Manager Salary

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₹1.85 L/yr - ₹9 L/yr

Area Manager Salary

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₹3.07 L/yr - ₹14 L/yr

Deputy Manager Salary

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₹4 L/yr - ₹12 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.7 L/yr

Top skills at Mahindra Finance for Operations Manager

Excel MIS

Salary related reviews for Mahindra Finance

4.0

Rated by 3 employees for salary & benefits

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.

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.

Salary - Bad

+6 more

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..

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

Job security - Good

+1 more

Dislikes

1st of all salary issue

Salary - Poor

+4 more

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

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Operations Manager Salary FAQs

What is the salary of Operations Manager at Mahindra Finance ?

The average salary of a Operations Manager at Mahindra Finance in India typically ranges from ₹1.3 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Operations Manager at Mahindra Finance earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Operations 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 10+ Mahindra Finance employees in India.

What is the estimated take home salary of a Operations Manager at Mahindra Finance in India?

The estimated take-home salary of a Operations Manager at Mahindra Finance in India typically ranges from ₹29,937 to ₹31,253 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 1 year to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Operations Manager at Mahindra Finance ?

To be a Operations Manager at Mahindra Finance in india, the key skills required include:

- Excel
- MIS

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Operations Manager in India?

LendingKart	₹11.4 Lakhs to ₹20.0 Lakhs per year
TVS Credit	₹8.3 Lakhs to ₹13.5 Lakhs per year
Satin Creditcare Network	₹4.8 Lakhs to ₹10.5 Lakhs per year
Tata Capital Housing Finance	₹4.2 Lakhs to ₹12.0 Lakhs per year
Spandana Sphoorty Financial	₹4.4 Lakhs to ₹11.0 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.

What is the salary of a Operations Manager in companies similar to Mahindra Finance in India?

The salary of a Operations Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹2.9 Lakhs to ₹11.5 Lakhs per year
Sundaram Finance	₹3.0 Lakhs to ₹12.0 Lakhs per year
Sammaan Capital Limited	₹3.6 Lakhs to ₹10.8 Lakhs per year
Bharat Financial Inclusion	₹3.7 Lakhs to ₹9.7 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹10.0 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.

How the salary growth look like for a Operations Manager at Mahindra Finance in India?

The salary growth for a Operations Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Operations Manager can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
1 year	₹1.3 Lakhs to ₹4.9 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹5.7 Lakhs per year
4 years	₹1.8 Lakhs to ₹6.0 Lakhs per year

and so on.

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Mahindra Finance Operations Manager Salaries

Mahindra Finance Operations Manager salary in India ranges between ₹1.3 Lakh to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Mahindra Finance latest salaries received from various employees of Mahindra Finance.