Tata Motors Finance Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

1 - 12 years exp.

₹3.6 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Assistant Manager Salary in NBFC Companies for 1 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 9 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr
Marketing & Communication Assistant Manager Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr
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Finance & Accounting Assistant Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.2 L/yr
Human Resources Assistant Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Tata Motors Finance for Assistant Manager in Mumbai

Tata Motors Finance Assistant Manager Salary

1 - 12 years exp. (15 salaries)

₹3.6 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Assistant Manager Salary 1 - 9 years exp. (116 salaries)	₹3.1 L/yr - ₹8.7 L/yr 19% more
IIFL Finance Assistant Manager Salary 0 - 11 years exp. (101 salaries)	₹2.4 L/yr - ₹6.4 L/yr 19% less
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SMFG India Credit Assistant Manager Salary 1 - 11 years exp. (97 salaries)	₹4.2 L/yr - ₹14 L/yr 60% more	2 job openings
Tata Capital Assistant Manager Salary 0 - 9 years exp. (95 salaries)	₹3.5 L/yr - ₹13.4 L/yr 53% more	1 job opening
Piramal Capital Housing Finance Assistant Manager Salary 3 - 9 years exp. (64 salaries)	₹2.9 L/yr - ₹8 L/yr 3% more
Mahindra Finance Assistant Manager Salary 4 - 10 years exp. (49 salaries)	₹4 L/yr - ₹9.7 L/yr 13% more
Capri Global Capital Assistant Manager Salary 2 - 9 years exp. (36 salaries)	₹3.1 L/yr - ₹7.5 L/yr 7% more
Mahindra Rural Housing Finance Assistant Manager Salary 2 - 10 years exp. (30 salaries)	₹2.3 L/yr - ₹7.2 L/yr 9% less
Sammaan Capital Limited Assistant Manager Salary 5 - 13 years exp. (30 salaries)	₹3 L/yr - ₹10 L/yr 18% more
Manappuram Finance Assistant Manager Salary 1 - 7 years exp. (28 salaries)	₹1.2 L/yr - ₹6 L/yr 30% less	5 job openings
Aditya Birla Finance Assistant Manager Salary 2 - 10 years exp. (21 salaries)	₹3.5 L/yr - ₹10.7 L/yr 11% more
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Home Credit Finance Assistant Manager Salary 2 - 13 years exp. (21 salaries)	₹5 L/yr - ₹11 L/yr 66% more	4 job openings
Muthoot Fincorp Assistant Manager Salary 0 - 8 years exp. (12 salaries)	₹2.1 L/yr - ₹5 L/yr 30% less
Poonawalla Fincorp Assistant Manager Salary 2 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.5 L/yr 8% more
Aavas Financiers Assistant Manager Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹5 L/yr 12% less
Satin Creditcare Network Assistant Manager Salary 4 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹5.2 L/yr 21% less
Arohan Financial Services Assistant Manager Salary 0 - 9 years exp. (3 salaries)	₹5.3 L/yr - ₹6 L/yr 7% more

Assistant Manager salary at Tata Motors Finance ranges between ₹3.6 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 15 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Assistant Manager salaries in Mumbai

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
2 years (3 salaries)	₹2 L/yr - ₹6 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Tata Motors Finance

Deputy Manager Salary

(12 salaries)

₹7 L/yr - ₹11 L/yr

Team Lead Salary

(7 salaries)

₹1.95 L/yr - ₹3.59 L/yr

Senior Officer Salary

(3 salaries)

₹3 L/yr - ₹6 L/yr

Top skills at Tata Motors Finance for Assistant Manager

Collections Collection Management

Salary related reviews for Tata Motors Finance

Operations Executive in Purnia

Sales & Business Development Department

4.0

• posted on 25 Jul 2019

3.0

for Salary and Benefits

Likes

Working with this organisation was a wonderful and full of learning experiences. Full job security. Helps alot for me to know about finance market. If in future company wants me to join or rehires me without any hesitation I will join this company.

Skill development - Excellent

+4 more

Dislikes

Salary is average.

Regional Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2024

1.0

for Salary and Benefits

Likes

...ts High demand from employee Employee always feels under stress and demotivated. Compensation not good as per standard. Company drive does not match with ground reality. Likes - People learns to survive in worst situation.

Dislikes

Mentioned above

Salary - Bad

+6 more

Senior Manager in Thane

Full Time

Administration & Facilities Department

1.0

• posted on 27 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... due to flattering and these people do not have caliber to adopt new technology. Manager reports to manager, AVP reports o AVP, and surprise or shock few managers salary is lesser than their reportees. Many employees are by pass their bosses. If you are 45+ than join TATA to just earn salary & get retire. If you are not match yourself with their culture than they will harass you and will force to resign. No proper budgeting, TATA have so much money to spend unnecessary. TATA just using Ratan Tata sir name and survive on goodwill.

Salary - Bad

+6 more

Collections Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Collections Executive in Navi Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 05 Jun 2022

4.0

for Salary and Benefits

Likes

It was a great experience working, also got to learn many more things, and have skilled me to work in any other recovery stream.

Salary - Good

+4 more

Dislikes

Just a bit cons. 1. Comparably low salary - but exciting incentive structure. 2. Too slow process for Career Growth.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Tata Motors Finance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Tata Motors Finance in Mumbai?

The average salary of a Assistant Manager at Tata Motors Finance in Mumbai typically ranges from ₹3.6 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Assistant Manager in Mumbai at Tata Motors Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Manager Salaries at Tata Motors 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 10+ Tata Motors Finance employees in India.

What is the estimated take home salary of a Assistant Manager at Tata Motors Finance in Mumbai?

The estimated take-home salary of a Assistant Manager at Tata Motors Finance in Mumbai typically ranges from ₹39,030 to ₹40,210 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 12 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 10+ salaries received from various employees of Tata Motors Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Tata Motors Finance in Mumbai?

To be a Assistant Manager at Tata Motors Finance in Mumbai, the key skills required include:

- Collections
- Collection Management

These skills are highly valued at Tata Motors Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tata Motors Finance for Assistant Manager in India?

Home Credit Finance	₹5.0 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit	₹4.2 Lakhs to ₹14.0 Lakhs per year
Tata Capital	₹3.5 Lakhs to ₹13.4 Lakhs per year
L&T Finance	₹3.1 Lakhs to ₹8.7 Lakhs per year
Sammaan Capital Limited	₹3.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tata Motors Finance, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to Tata Motors Finance in Mumbai?

The salary of a Assistant Manager at companies similar to Tata Motors Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹4.0 Lakhs to ₹9.7 Lakhs per year
Aditya Birla Finance	₹3.5 Lakhs to ₹10.7 Lakhs per year
Poonawalla Fincorp	₹4.0 Lakhs to ₹7.5 Lakhs per year
Arohan Financial Services	₹5.3 Lakhs to ₹6.0 Lakhs per year
Capri Global Capital	₹3.1 Lakhs to ₹7.5 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 Assistant Manager at Tata Motors Finance in Mumbai?

The salary growth for a Assistant Manager at Tata Motors Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Tata Motors Finance:

Experience	Average Salary Range
1 year	₹4.6 Lakhs to ₹5.8 Lakhs per year
2 years	₹2.0 Lakhs to ₹6.0 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Tata Motors Finance Assistant Manager Salaries in Mumbai

Tata Motors Finance Assistant Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.