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Mahindra Finance Procurement Manager salaries in India

Annual salary range
2 - 18 years exp.
₹4.5 Lakhs - ₹9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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53% less than the average Procurement Manager Salary in NBFC Companies for 2 - 18 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Manager Salary
2 - 18 years exp. (4 salaries)
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₹7 L/yr - ₹9 L/yr

BFSI, Investments & Trading
Procurement Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

IT & Information Security
Procurement Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5 L/yr

Last Updated: 30 Jan 2025

Companies similar to Mahindra Finance for Procurement Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Procurement Manager Salary

8 - 14 years exp. (5 salaries)

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₹12 L/yr - ₹13 L/yr

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L&T Finance Procurement Manager Salary

6 - 10 years exp. (4 salaries)

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₹4 L/yr - ₹13 L/yr

At par
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Reliance Industries Procurement Manager Salary

1 - 17 years exp. (122 salaries)

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₹6 L/yr - ₹21.1 L/yr

arrow icon 86% more
1 job opening
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Dunzo Procurement Manager Salary

1 - 10 years exp. (103 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 29% less
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Tata Steel Procurement Manager Salary

0 - 10 years exp. (94 salaries)

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₹7.3 L/yr - ₹24.5 L/yr

arrow icon 113% more
Procurement Manager salary at Mahindra Finance ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Procurement Manager

3d ago
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18 years exp.
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6 years exp.
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3 years exp.
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17 years exp.
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2 years exp.
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6 years exp.

Experience wise Mahindra Finance Procurement Manager salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹7 L/yr
View all

Similar Designation salaries in Mahindra Finance

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₹2.6 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹4 L/yr - ₹5.8 L/yr
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₹5 L/yr - ₹6.4 L/yr
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₹2 L/yr - ₹3.5 L/yr
Procurement Executive Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Counsellor Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
DGM Procurement Salary
(AmbitionBox Estimate)
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₹26.1 L/yr - ₹33.3 L/yr
Deputy Manager Procurement Salary
(AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

Top skills at Mahindra Finance for Procurement Manager

Procurement Vendor Management Sourcing Leasing Automobile Payables

Salary related reviews for Mahindra Finance

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Dec 2024

5.0
 for  Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

read more

Full Time

 · 

Strategic & Top Management Department

3.0
  •  posted on 04 Nov 2024

2.0
 for  Salary and Benefits

Likes

Earlier it used to be Culture and company policies. But since the management has changed it’s a pathetic situation. Old employees at senior level of 22+ years in the organisation has also been sacked.

read more

Dislikes

No work life balance Low salary growth for existing employees Weak management Poor policy

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 12 Oct 2024

5.0
 for  Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

read more
  • Salary - Excellent
  • +6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary on time Culture

  • Promotions - Good
  • +1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

read more
  • Salary - Poor
  • +2 more

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
see more salary related reviews

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Mahindra Finance Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Mahindra Finance?
Procurement Manager salary at Mahindra Finance in India ranges between ₹4.5 Lakhs to ₹9.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 53% less than the average Procurement Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Procurement Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Procurement Manager at Mahindra Finance is 53% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Procurement Manager at Mahindra Finance?
Procurement, Vendor Management, Sourcing, Leasing and Automobile are some of the popular skills required to work as a Procurement Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a Procurement Manager in India?
  • Tata Steel Procurement Manager Salary - ₹7.3 Lakhs to ₹24.5 Lakhs per year
  • Reliance Industries Procurement Manager Salary - ₹6.0 Lakhs to ₹21.1 Lakhs per year
  • HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Procurement Manager in companies similar to Mahindra Finance in India?
  • L&T Finance Procurement Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
  • Dunzo Procurement Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Procurement Manager at Mahindra Finance in India?
The estimated take-home salary of a Procurement Manager at Mahindra Finance ranges between ₹54,676 per month to ₹56,043 per month in India. The take-home salary calculation is based on the average Mahindra Finance Procurement Manager salary in India which ranges between ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Procurement Manager at Mahindra Finance?
According to AmbitionBox, 33% of the Mahindra Finance Procurement Manager s reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Procurement Manager salary in India ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.