Mahindra Finance Risk Manager Salaries by 5 Employees (Updated 2025)

6 - 17 years exp.

₹17.1 Lakhs - ₹25.3 Lakhs

Low Confidence

Salary of majority employees

79% more than the average Risk Manager Salary in NBFC Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Risk Manager Salary 6 - 16 years exp. (3 salaries)	₹21 L/yr - ₹25.3 L/yr
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Risk Management & Compliance Risk Manager Salary 14 years exp. (AmbitionBox Estimate)	₹15.4 L/yr - ₹18.8 L/yr

Last Updated: 18 Mar 2023

Companies similar to Mahindra Finance for Risk Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Risk Manager Salary 0 - 7 years exp. (30 salaries)	₹4.1 L/yr - ₹13 L/yr 66% less
HDFC Bank Risk Manager Salary 1 - 10 years exp. (77 salaries)	₹3.8 L/yr - ₹14.9 L/yr 60% less
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Shriram Finance Risk Manager Salary 2 - 14 years exp. (4 salaries)	₹2.8 L/yr - ₹7.1 L/yr 79% less
L&T Finance Risk Manager Salary 0 - 8 years exp. (168 salaries)	₹2.4 L/yr - ₹6.1 L/yr 82% less
Cholamandalam Investment & Finance Risk Manager Salary 5 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹11.3 L/yr 56% less
Aditya Birla Capital Risk Manager Salary 0 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹20.1 L/yr 44% less
Edelweiss Risk Manager Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹10 L/yr 62% less
Sammaan Capital Limited Risk Manager Salary 1 - 13 years exp. (6 salaries)	₹6.5 L/yr - ₹7.5 L/yr 70% less
SMFG India Credit Risk Manager Salary 3 - 11 years exp. (34 salaries)	₹2.4 L/yr - ₹5.1 L/yr 83% less
IIFL Finance Risk Manager Salary 1 - 7 years exp. (10 salaries)	₹8.1 L/yr - ₹24 L/yr 30% less
CreditAccess Grameen Risk Manager Salary 5 - 9 years exp. (8 salaries)	₹2.9 L/yr - ₹5.5 L/yr 78% less
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HDB Financial Services Risk Manager Salary 2 - 17 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 73% less
Bharat Financial Inclusion Risk Manager Salary 0 - 6 years exp. (6 salaries)	₹3.8 L/yr - ₹9.8 L/yr 69% less
Aavas Financiers Risk Manager Salary 4 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹8.4 L/yr 79% less
Satin Creditcare Network Risk Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 84% less
PNB Housing Finance Risk Manager Salary 3 - 10 years exp. (4 salaries)	₹8.8 L/yr - ₹17.5 L/yr 44% less
Poonawalla Fincorp Risk Manager Salary 1 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹25 L/yr 30% less
Mahindra Rural Housing Finance Risk Manager Salary 7 - 12 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 53% less
IDFC FIRST Bharat Risk Manager Salary 9 - 13 years exp. (3 salaries)	₹5.6 L/yr - ₹14.5 L/yr 57% less

Risk Manager salary at Mahindra Finance ranges between ₹17.1 Lakhs to ₹25.3 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Risk Manager salaries

Last Updated: 18 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹25 L/yr
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹25.3 L/yr
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8 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
9 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.9 L/yr
10 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.3 L/yr
11 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹25.7 L/yr
12 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
13 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.6 L/yr
14 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹37.6 L/yr
15+ years (AmbitionBox Estimate)	₹7.9 L/yr - ₹21 L/yr

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Internal Auditor Salary

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₹9 L/yr - ₹11.5 L/yr

Senior Consultant Salary

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Audit Executive Salary

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₹2 L/yr - ₹2.5 L/yr

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Salary related reviews for Mahindra Finance

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.

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..

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.

Circle Head in Kolkata

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.

Dislikes

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

Salary - Poor

+5 more

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Finance Risk Manager Salary FAQs

What is the salary of Risk Manager at Mahindra Finance?

Risk Manager salary at Mahindra Finance in India ranges between ₹17.1 Lakhs to ₹25.3 Lakhs for experience between 6 years to 17 years. According to our estimates it is 79% more than the average Risk Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Risk Manager at Mahindra Finance is 79% more than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

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

IIFL Finance Risk Manager Salary - ₹8.1 Lakhs to ₹24.0 Lakhs per year
Poonawalla Fincorp Risk Manager Salary - ₹9.5 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Capital Risk Manager Salary - ₹5.2 Lakhs to ₹20.1 Lakhs per year
PNB Housing Finance Risk Manager Salary - ₹8.8 Lakhs to ₹17.5 Lakhs per year
Mahindra Rural Housing Finance Risk Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Risk Manager at Mahindra Finance ranges between ₹1,43,116 per month to ₹1,48,451 per month in India. The take-home salary calculation is based on the average Mahindra Finance Risk Manager salary in India which ranges between ₹17.1 Lakhs to ₹25.3 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Risk Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Finance Risk Manager Salaries

Mahindra Finance Risk Manager salary in India ranges between ₹17.1 Lakhs to ₹25.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.