Mahindra Finance State Legal Manager Salaries by 7 Employees (Updated 2025)

3 - 15 years exp.

₹5.9 Lakhs - ₹13 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average State Legal Manager Salary in NBFC Companies for 3 - 15 years of experience

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Salaries in different departments

Legal & Regulatory State Legal Manager Salary 3 - 15 years exp. (5 salaries)	₹5.9 L/yr - ₹13 L/yr
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Finance & Accounting State Legal Manager Salary 6 - 12 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.1 L/yr

Last Updated: 5 Mar 2025

Companies similar to Mahindra Finance for State Legal Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp State Legal Manager Salary 5 - 11 years exp. (5 salaries)	₹7.5 L/yr - ₹8.5 L/yr 10% less
Kotak Mahindra Prime State Legal Manager Salary 3 - 7 years exp. (5 salaries)	₹5 L/yr - ₹10.1 L/yr 15% less
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SMFG India Credit State Legal Manager Salary 4 - 9 years exp. (3 salaries)	₹7 L/yr - ₹8.5 L/yr 11% less
IndusInd Bank State Legal Manager Salary 5 - 16 years exp. (13 salaries)	₹7 L/yr - ₹14 L/yr 17% more
Kotak Mahindra Bank State Legal Manager Salary 3 - 9 years exp. (6 salaries)	₹5 L/yr - ₹7.9 L/yr 25% less

State Legal Manager salary at Mahindra Finance ranges between ₹5.9 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance State Legal Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
6 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

View all

Similar Designation salaries in Mahindra Finance

Area Legal Manager Salary

(74 salaries)

₹3 L/yr - ₹8.66 L/yr

Legal Manager Salary

(50 salaries)

₹4 L/yr - ₹17.5 L/yr

Regional Legal Manager Salary

(4 salaries)

₹8.2 L/yr - ₹15.8 L/yr

Deputy Manager Salary

(345 salaries)

₹4 L/yr - ₹12 L/yr

Legal Officer Salary

(31 salaries)

₹2.5 L/yr - ₹4 L/yr

Legal Advisor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Legal Associate Salary

(3 salaries)

₹2 L/yr - ₹5 L/yr

LAW Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Advocate Lawyer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Senior Legal Executive Salary

(4 salaries)

₹3 L/yr - ₹3.47 L/yr

Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

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.

Legal Manager in Goa

Full Time

Legal & Regulatory Department

5.0

• posted on 24 Oct 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture, teammates are supportive, companies policy are good appraisals are also good but keeping in mind the present no hike and bonus or for that matter appraisal.

Salary - Good

+6 more

Dislikes

Salary is decent but career growth is slow, release period for an employee is 3 months

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 Legal Manager in Patna

Legal & Regulatory Department

2.0

• posted on 06 Nov 2019

1.0

for Salary and Benefits

Likes

...ever I started at mahindra finance . Very rude behavior of almost all employees. Every month u ll get salary on 1st . Appraisal depend on your boss whatever u hv done nothing will calculate

Dislikes

Job security zero and this time mahindra finance very professional but on money he will teach you with emotional. Travel too much . No any one guide u about your work because there is no any culture to give u training

Salary - Bad

+5 more

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra Finance State Legal Manager Salary FAQs

What is the salary of State Legal Manager at Mahindra Finance ?

The average salary of a State Legal Manager at Mahindra Finance in India typically ranges from ₹5.9 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of State Legal Manager at Mahindra Finance earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. State Legal 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 7 Mahindra Finance employees in India.

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

The estimated take-home salary of a State Legal Manager at Mahindra Finance in India typically ranges from ₹67,180 to ₹68,900 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 7 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 State Legal Manager in India?

IndusInd Bank

₹7.0 Lakhs to ₹14.0 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 State Legal Manager in companies similar to Mahindra Finance in India?

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

Muthoot Fincorp	₹7.5 Lakhs to ₹8.5 Lakhs per year
SMFG India Credit	₹7.0 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Prime	₹5.0 Lakhs to ₹10.1 Lakhs per year
Kotak Mahindra Bank	₹5.0 Lakhs to ₹7.9 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 State Legal Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
5 years	₹7.1 Lakhs to ₹9.0 Lakhs per year
6 years	₹7.3 Lakhs to ₹9.4 Lakhs per year

and so on.

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Mahindra Finance State Legal Manager Salaries

Mahindra Finance State Legal Manager salary in India ranges between ₹5.9 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.