Mahindra Finance Regional HR Manager Salaries by 8 Employees

4 - 14 years exp.

₹7.3 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

12% less than the average Regional HR Manager Salary in NBFC Companies for 4 - 14 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Regional HR Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Regional HR Manager Salary 2 - 6 years exp. (19 salaries)	₹3 L/yr - ₹5.5 L/yr 57% less	1 job opening
HDB Financial Services Regional HR Manager Salary 4 - 12 years exp. (15 salaries)	₹3.9 L/yr - ₹10.3 L/yr 37% less
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Mahindra Rural Housing Finance Regional HR Manager Salary 9 - 13 years exp. (11 salaries)	₹8 L/yr - ₹12 L/yr 4% more
PNB Housing Finance Regional HR Manager Salary 1 - 10 years exp. (11 salaries)	₹7 L/yr - ₹9 L/yr 16% less
Satin Creditcare Network Regional HR Manager Salary 6 - 11 years exp. (10 salaries)	₹4 L/yr - ₹6.3 L/yr 48% less
TVS Credit Regional HR Manager Salary 9 - 19 years exp. (10 salaries)	₹12 L/yr - ₹20 L/yr 67% more
Aavas Financiers Regional HR Manager Salary 8 - 14 years exp. (7 salaries)	₹5.7 L/yr - ₹12.5 L/yr 7% less
Asirvad Microfinance Regional HR Manager Salary 4 - 17 years exp. (6 salaries)	₹5.5 L/yr - ₹10 L/yr 33% less
Tata Capital Housing Finance Regional HR Manager Salary 14 - 17 years exp. (5 salaries)	₹17 L/yr - ₹20.4 L/yr 94% more
Sammaan Capital Limited Regional HR Manager Salary 12 - 18 years exp. (5 salaries)	₹12 L/yr - ₹22 L/yr 82% more
Muthoot Fincorp Regional HR Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹6.5 L/yr 43% less
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Bharat Financial Inclusion Regional HR Manager Salary 6 - 8 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 30% less
Muthoot Microfin Regional HR Manager Salary 4 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹8.8 L/yr 19% less
Ess Kay Fincorp Regional HR Manager Salary 2 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr 51% less
L&T Finance Regional HR Manager Salary 5 - 8 years exp. (4 salaries)	₹6.5 L/yr - ₹12 L/yr 14% less
IIFL Finance Regional HR Manager Salary 7 - 16 years exp. (3 salaries)	₹5.6 L/yr - ₹15 L/yr 9% less
SK Finance Limited Regional HR Manager Salary 0 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹6.2 L/yr 51% less
Poonawalla Fincorp Regional HR Manager Salary 9 - 22 years exp. (3 salaries)	₹9 L/yr - ₹16.5 L/yr 22% more

Regional HR Manager salary at Mahindra Finance ranges between ₹7.3 Lakhs to ₹11.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 8 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Regional HR Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (3 salaries)	₹7.3 L/yr - ₹16.3 L/yr
5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹16.5 L/yr
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6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11.5 L/yr

View all

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Salary related reviews for Mahindra Finance

2.2

Rated by 3 employees for salary & benefits

Assistant Manager- HR in Mumbai

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

Job security - Excellent

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

Skill development - Bad

+2 more

HR Business Partner in Mumbai

Human Resources Department

4.0

• posted on 25 Mar 2021

3.0

for Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

Skill development - Good

+4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Area Business Manager in Hyderabad / Secunderabad

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.

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.

Senior Business Executive in Port Blair

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

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....

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Regional HR Manager Salary FAQs

What is the salary of Regional HR Manager at Mahindra Finance ?

The average salary of a Regional HR Manager at Mahindra Finance in India typically ranges from ₹7.3 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Regional HR Manager at Mahindra Finance earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Regional HR 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 8 Mahindra Finance employees in India.

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

The estimated take-home salary of a Regional HR Manager at Mahindra Finance in India typically ranges from ₹69,250 to ₹71,028 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 4 years to 14 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 8 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Tata Capital Housing Finance	₹17.0 Lakhs to ₹20.4 Lakhs per year
Sammaan Capital Limited	₹12.0 Lakhs to ₹22.0 Lakhs per year
TVS Credit	₹12.0 Lakhs to ₹20.0 Lakhs per year
Poonawalla Fincorp	₹9.0 Lakhs to ₹16.5 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹12.0 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 Regional HR Manager in companies similar to Mahindra Finance in India?

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

Aavas Financiers	₹5.7 Lakhs to ₹12.5 Lakhs per year
IIFL Finance	₹5.6 Lakhs to ₹15.0 Lakhs per year
L&T Finance	₹6.5 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance	₹7.0 Lakhs to ₹9.0 Lakhs per year
Muthoot Microfin	₹4.2 Lakhs to ₹8.8 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 Regional HR Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
4 years	₹7.3 Lakhs to ₹16.3 Lakhs per year
5 years	₹7.3 Lakhs to ₹16.5 Lakhs per year
6 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
7 years	₹8.5 Lakhs to ₹10.8 Lakhs per year

and so on.

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Mahindra Finance Regional HR Manager Salaries

Mahindra Finance Regional HR Manager salary in India ranges between ₹7.3 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mahindra Finance latest salaries received from various employees of Mahindra Finance.