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Mahindra Finance Procurement Manager salaries in Mumbai

Annual salary range
2 - 18 years exp.
₹4.5 Lakhs - ₹9 Lakhs
Salary of majority employees
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55% 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

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

Last Updated: 29 Sep 2024

Companies similar to Mahindra Finance for Procurement Manager in Mumbai

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Mahindra Finance Procurement Manager Salary

2 - 18 years exp. (5 salaries)

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₹4.5 L/yr - ₹9 L/yr

vs
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

arrow icon 76% more
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Reliance Industries Procurement Manager Salary

1 - 20 years exp. (63 salaries)

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₹7.4 L/yr - ₹36.4 L/yr

arrow icon 147% more
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₹13.8 L/yr - ₹28.8 L/yr

arrow icon 172% more
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Hindustan Unilever Procurement Manager Salary

8 - 16 years exp. (19 salaries)

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₹15.7 L/yr - ₹68.2 L/yr

arrow icon 436% more
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Afcons Infrastructure Procurement Manager Salary

11 - 18 years exp. (16 salaries)

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₹14 L/yr - ₹22 L/yr

arrow icon 136% 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 5 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Procurement Manager in Mumbai

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18 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 in Mumbai

Last Updated: 29 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
15+ years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr

Similar Designation salaries in Mahindra Finance

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₹2.65 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹5.5 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

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

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

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

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

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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
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Mahindra Finance Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Mahindra Finance Mumbai?
Procurement Manager salary at Mahindra Finance in Mumbai ranges between ₹4.5 Lakhs to ₹9.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 55% less than the average Procurement Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance Mumbai.
How does the salary of a Procurement Manager at Mahindra Finance Mumbai compare with the average salary range for this job?
The average salary of a Procurement Manager at Mahindra Finance is 55% less than the average salary of a Procurement Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Mahindra Finance to a Procurement Manager in Mumbai?
  • Hindustan Unilever Procurement Manager Salary - ₹15.7 Lakhs to ₹68.2 Lakhs per year
  • Larsen & Toubro Limited Procurement Manager Salary - ₹13.8 Lakhs to ₹28.8 Lakhs per year
  • Reliance Industries Procurement Manager Salary - ₹7.4 Lakhs to ₹36.4 Lakhs per year
  • Afcons Infrastructure Procurement Manager Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
  • HDFC Bank Procurement Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Procurement Manager at Mahindra Finance in Mumbai?
The estimated take-home salary of a Procurement Manager at Mahindra Finance ranges between ₹53,954 per month to ₹55,300 per month in Mumbai. 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 in Mumbai?
According to AmbitionBox, 50% of the Mahindra Finance Procurement Manager s in Mumbai reported a notice period of 1 Month, 33% 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 Mumbai ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.