Mahindra Finance Technical Manager Salaries by 5 Employees

5 - 9 years exp.

₹3 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

82% less than the average Technical Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Technical Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Finance & Accounting Technical Manager Salary 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to Mahindra Finance for Technical Manager

Company name	Avg Annual Salary	Open Jobs
Tata Capital Housing Finance Technical Manager Salary 4 - 8 years exp. (50 salaries)	₹4.8 L/yr - ₹9.9 L/yr 74% more
Sammaan Capital Limited Technical Manager Salary 4 - 10 years exp. (43 salaries)	₹3.7 L/yr - ₹7.6 L/yr 41% more
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L&T Finance Technical Manager Salary 4 - 8 years exp. (30 salaries)	₹5.3 L/yr - ₹14 L/yr 96% more
Mahindra Rural Housing Finance Technical Manager Salary 2 - 7 years exp. (26 salaries)	₹2.4 L/yr - ₹6.8 L/yr 6% less	1 job opening
Capri Global Capital Technical Manager Salary 2 - 6 years exp. (10 salaries)	₹3 L/yr - ₹5.9 L/yr 2% less
PNB Housing Finance Technical Manager Salary 1 - 9 years exp. (7 salaries)	₹6.6 L/yr - ₹8.1 L/yr 82% more
HDB Financial Services Technical Manager Salary 6 - 13 years exp. (7 salaries)	₹9.2 L/yr - ₹12.5 L/yr 160% more	1 job opening
Muthoot Fincorp Technical Manager Salary 5 - 7 years exp. (5 salaries)	₹5.2 L/yr - ₹6.7 L/yr 41% more
Kotak Mahindra Prime Technical Manager Salary 5 - 9 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 77% more
SMFG India Credit Technical Manager Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹6.9 L/yr 40% more
IIFL Finance Technical Manager Salary 1 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 24% more
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Manappuram Finance Technical Manager Salary 1 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 14% more
Aavas Financiers Technical Manager Salary 2 - 8 years exp. (4 salaries)	₹3.3 L/yr - ₹6 L/yr 32% more
Bajaj Finance Technical Manager Salary 1 - 5 years exp. (4 salaries)	₹3.6 L/yr - ₹6.5 L/yr 13% more	1 job opening
SK Finance Limited Technical Manager Salary 0 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹5.5 L/yr At par

Technical Manager salary at Mahindra Finance ranges between ₹3 Lakhs to ₹5.8 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Technical Manager salaries

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr

Similar Designation salaries in Mahindra Finance

Technical Lead Salary

(3 salaries)

₹13.01 L/yr - ₹15 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹14.6 L/yr - ₹18.6 L/yr

Project Manager Salary

(13 salaries)

₹8 L/yr - ₹29.1 L/yr

Senior Engineer Salary

(3 salaries)

₹10 L/yr - ₹38 L/yr

Team Lead Salary

(36 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Project Lead Salary

(3 salaries)

₹16.5 L/yr - ₹20 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Senior Consultant Salary

(4 salaries)

₹0.4 L/yr - ₹1.2 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Aurangaba Maharashtra

Technical Department

4.0

• posted on 25 May 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture,team are supportive , company polices is good but Appraisal is not satisfied but more Learning in Mahindra Rural housing finance ltd last 4yers experience also I have 6month on team mentorship work role play..

Salary - Good

+1 more

Dislikes

Yes there is lot of Politics and management dosen't address our issues Salary is decent but carrer growth is slow....due to I have resigned it..

Job security - Poor

+3 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....

Area Business Manager in Kanpur

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

Salary - Poor

+2 more

Credit Manager in Chennai

Full Time

Finance & Accounting Department

1.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

Salary - Poor

+6 more

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Technical Manager Salary FAQs

What is the salary of Technical Manager at Mahindra Finance ?

The average salary of a Technical Manager at Mahindra Finance in India typically ranges from ₹3.0 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Technical Manager at Mahindra Finance earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Technical 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 5 Mahindra Finance employees in India.

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

The estimated take-home salary of a Technical Manager at Mahindra Finance in India typically ranges from ₹30,273 to ₹31,583 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 5 years to 9 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 5 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 Technical Manager in India?

HDB Financial Services	₹9.2 Lakhs to ₹12.5 Lakhs per year
L&T Finance	₹5.3 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance	₹6.6 Lakhs to ₹8.1 Lakhs per year
Kotak Mahindra Prime	₹6.0 Lakhs to ₹8.0 Lakhs per year
Tata Capital Housing Finance	₹4.8 Lakhs to ₹9.9 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 Technical Manager in companies similar to Mahindra Finance in India?

The salary of a Technical 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	₹5.2 Lakhs to ₹6.7 Lakhs per year
Sammaan Capital Limited	₹3.7 Lakhs to ₹7.6 Lakhs per year
SMFG India Credit	₹5.0 Lakhs to ₹6.9 Lakhs per year
Aavas Financiers	₹3.3 Lakhs to ₹6.0 Lakhs per year
IIFL Finance	₹4.5 Lakhs to ₹7.0 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 Technical Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
7 years	₹3.2 Lakhs to ₹7.4 Lakhs per year
8 years	₹3.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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Mahindra Finance Technical Manager Salaries

Mahindra Finance Technical Manager salary in India ranges between ₹3 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.