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

0 - 14 years exp.

₹4.7 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Team Manager Salary in NBFC Companies for 0 - 14 years of experience

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Last Updated: 16 Nov 2024

Companies similar to Mahindra Finance for Team Manager

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IIFL Finance Team Manager Salary 3 - 13 years exp. (23 salaries)	₹4 L/yr - ₹9 L/yr 5% less
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Kotak Mahindra Prime Team Manager Salary 1 - 12 years exp. (6 salaries)	₹2.5 L/yr - ₹4.8 L/yr 55% less
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LendingKart Team Manager Salary 3 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹8.6 L/yr 33% less
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SK Finance Limited Team Manager Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 40% less
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Team Manager salary at Mahindra Finance ranges between ₹4.7 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Team Manager salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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2 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
10 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹11.2 L/yr

View all

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Salary related reviews for Mahindra Finance

4.2

Rated by 6 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.

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

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.

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Finance Team Manager Salary FAQs

What is the salary of Team Manager at Mahindra Finance?

Team Manager salary at Mahindra Finance in India ranges between ₹4.7 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 14 years. According to our estimates it is 52% less than the average Team 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 Team Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Team Manager at Mahindra Finance is 52% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Team Manager in India?

L&T Finance Team Manager Salary - ₹11.0 Lakhs to ₹36.0 Lakhs per year
Capri Global Capital Team Manager Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
Poonawalla Fincorp Team Manager Salary - ₹12.0 Lakhs to ₹32.0 Lakhs per year
Edelweiss Team Manager Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital Team Manager Salary - ₹6.7 Lakhs to ₹13.3 Lakhs per year

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

Sammaan Capital Limited Team Manager Salary - ₹8.4 Lakhs to ₹10.7 Lakhs per year
SMFG India Credit Team Manager Salary - ₹4.0 Lakhs to ₹12.7 Lakhs per year
HDFC Bank Team Manager Salary - ₹3.9 Lakhs to ₹14.5 Lakhs per year
Reliance Capital Team Manager Salary - ₹2.3 Lakhs to ₹15.5 Lakhs per year
IIFL Finance Team Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Team Manager at Mahindra Finance ranges between ₹54,647 per month to ₹56,012 per month in India. The take-home salary calculation is based on the average Mahindra Finance Team Manager salary in India which ranges between ₹4.7 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Mahindra Finance Team Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Team Manager Salaries

Mahindra Finance Team Manager salary in India ranges between ₹4.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.