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Mahindra Finance Senior Manager salaries in India (Updated 2025)

Annual salary range
4 - 13 years exp.
₹7 Lakhs - ₹29.8 Lakhs
Salary of majority employees
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23% less than the average Senior Manager Salary in NBFC Companies for 4 - 13 years of experience

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Salaries in different departments

Finance & Accounting
Senior Manager Salary
6 - 13 years exp. (8 salaries)
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₹9.7 L/yr - ₹14.8 L/yr

Marketing & Communication
Senior Manager Salary
4 - 13 years exp. (6 salaries)
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₹14.5 L/yr - ₹29 L/yr

Product Management
Senior Manager Salary
4 - 10 years exp. (6 salaries)
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₹14 L/yr - ₹29.6 L/yr

Data Science & Analytics
Senior Manager Salary
4 - 9 years exp. (5 salaries)
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₹10.3 L/yr - ₹31 L/yr

IT & Information Security
Senior Manager Salary
8 - 12 years exp. (4 salaries)
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₹18.1 L/yr - ₹29 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for Senior Manager

Company name Avg Annual Salary Open Jobs
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3 - 21 years exp. (6.2k salaries)

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2 - 21 years exp. (5.2k salaries)

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₹8 L/yr - ₹28.6 L/yr

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1 job opening
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Bajaj Finance Senior Manager Salary

4 - 12 years exp. (145 salaries)

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₹7.3 L/yr - ₹27.7 L/yr

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9 job openings
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Kotak Mahindra Bank Senior Manager Salary

1 - 19 years exp. (3.5k salaries)

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₹5.2 L/yr - ₹19 L/yr

arrow icon 25% less
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L&T Finance Senior Manager Salary

2 - 13 years exp. (392 salaries)

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₹7.9 L/yr - ₹26 L/yr

arrow icon 4% more
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SMFG India Credit Senior Manager Salary

6 - 16 years exp. (210 salaries)

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₹8.9 L/yr - ₹31 L/yr

arrow icon 13% more
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Edelweiss Senior Manager Salary

7 - 17 years exp. (196 salaries)

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₹7 L/yr - ₹21 L/yr

arrow icon 18% less
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Manappuram Finance Senior Manager Salary

0 - 13 years exp. (179 salaries)

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₹3.2 L/yr - ₹12 L/yr

arrow icon 60% less
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IIFL Finance Senior Manager Salary

1 - 13 years exp. (119 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 47% less
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Aditya Birla Capital Senior Manager Salary

2 - 13 years exp. (102 salaries)

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₹4.1 L/yr - ₹17 L/yr

arrow icon 38% less
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Poonawalla Fincorp Senior Manager Salary

5 - 19 years exp. (93 salaries)

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₹10 L/yr - ₹23.1 L/yr

arrow icon 3% less
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HDB Financial Services Senior Manager Salary

0 - 17 years exp. (79 salaries)

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₹2.4 L/yr - ₹13.7 L/yr

arrow icon 52% less
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TVS Credit Senior Manager Salary

4 - 20 years exp. (77 salaries)

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₹6.6 L/yr - ₹21.4 L/yr

arrow icon 4% less
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Sammaan Capital Limited Senior Manager Salary

5 - 17 years exp. (73 salaries)

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₹6.6 L/yr - ₹17 L/yr

arrow icon 34% less
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Kotak Mahindra Prime Senior Manager Salary

3 - 19 years exp. (86 salaries)

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₹6.2 L/yr - ₹14.8 L/yr

arrow icon 30% less
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Shriram Finance Senior Manager Salary

4 - 16 years exp. (71 salaries)

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₹3.5 L/yr - ₹15.7 L/yr

arrow icon 48% less
2 job openings
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PNB Housing Finance Senior Manager Salary

5 - 16 years exp. (56 salaries)

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₹9.5 L/yr - ₹25 L/yr

arrow icon 2% less
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₹4.5 L/yr - ₹13.2 L/yr

arrow icon 34% less
View all
Senior Manager salary at Mahindra Finance ranges between ₹7 Lakhs to ₹29.8 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 68 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Senior Manager

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Experience wise Mahindra Finance Senior Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
4 years  (7 salaries)

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₹11.5 L/yr - ₹27 L/yr
5 years  (5 salaries)

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₹10.5 L/yr - ₹23.9 L/yr
6 years  (10 salaries)

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₹7 L/yr - ₹29.3 L/yr
7 years  (11 salaries)

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₹11.3 L/yr - ₹29.5 L/yr
8 years  (11 salaries)

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₹10.9 L/yr - ₹26.5 L/yr
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Similar Designation salaries in Mahindra Finance

Store Manager Salary
(3 salaries)
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₹5 L/yr - ₹26.5 L/yr
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₹7.02 L/yr - ₹30 L/yr
Deputy Manager Salary
(242 salaries)
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₹4.04 L/yr - ₹12 L/yr
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₹5 L/yr - ₹10.25 L/yr
Sales Manager Salary
(107 salaries)
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₹2.35 L/yr - ₹8.2 L/yr
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₹3.15 L/yr - ₹10.5 L/yr
Branch Manager Salary
(165 salaries)
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₹1.85 L/yr - ₹9.1 L/yr
Area Manager Salary
(98 salaries)
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₹3.5 L/yr - ₹14 L/yr
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₹12 L/yr - ₹17 L/yr
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₹2.5 L/yr - ₹10.75 L/yr

Top skills at Mahindra Finance for Senior Manager

Operations Management Rewards Stakeholder Management Customer Focus Compliance
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Salary related reviews for Mahindra Finance

3.5

Rated by 26 employees for salary & benefits

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

read more
  • Salary - Bad
  • +4 more

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

 · 

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

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 27 Jan 2024

4.0
 for  Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

  • Salary - Good
  • +1 more

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

read more
  • Skill development - Poor
  • +3 more
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Mahindra Finance Senior Manager Salary FAQs

What is the salary of Senior Manager at Mahindra Finance?
Senior Manager salary at Mahindra Finance in India ranges between ₹7.0 Lakhs to ₹29.8 Lakhs for experience between 4 years to 13 years. According to our estimates it is 23% less than the average Senior Manager Salary in India. Salary estimates are based on 68 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Senior Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Senior Manager at Mahindra Finance is 23% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager at Mahindra Finance?
Operations Management, Rewards, Stakeholder Management, Customer Focus and Compliance are some of the popular skills required to work as a Senior Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a Senior Manager in India?
  • Global Wings Abudhabi Senior Manager Salary - ₹9.2 Lakhs to ₹29.1 Lakhs per year
  • SMFG India Credit Senior Manager Salary - ₹8.9 Lakhs to ₹31.0 Lakhs per year
  • Spandana Sphoorty Financial Senior Manager Salary - ₹8.4 Lakhs to ₹26.0 Lakhs per year
  • ICICI Bank Senior Manager Salary - ₹8.5 Lakhs to ₹28.0 Lakhs per year
  • L&T Finance Senior Manager Salary - ₹7.9 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Mahindra Finance in India?
  • Tata Capital Housing Finance Senior Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
  • Capri Global Capital Senior Manager Salary - ₹9.3 Lakhs to ₹28.5 Lakhs per year
  • PNB Housing Finance Senior Manager Salary - ₹9.5 Lakhs to ₹25.0 Lakhs per year
  • Poonawalla Fincorp Senior Manager Salary - ₹10.0 Lakhs to ₹23.1 Lakhs per year
  • Axis Bank Senior Manager Salary - ₹8.0 Lakhs to ₹28.6 Lakhs per year
What is the estimated take home salary of a Senior Manager at Mahindra Finance in India?
The estimated take-home salary of a Senior Manager at Mahindra Finance ranges between ₹1,13,339 per month to ₹1,16,492 per month in India. The take-home salary calculation is based on the average Mahindra Finance Senior Manager salary in India which ranges between ₹7.0 Lakhs to ₹29.8 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Mahindra Finance?
According to AmbitionBox, 89% of the Mahindra Finance Senior Managers reported a notice period of 3 Months, 5% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 90 responses on AmbitionBox in last 2 years.

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Mahindra Finance Senior Manager salary in India ranges between ₹7 Lakhs to ₹29.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 68 Mahindra Finance latest salaries received from various employees of Mahindra Finance.