Tata Motors Finance Mumbai Associate Vice President Salaries by 10+ Employees

14 - 23 years exp.

₹20 Lakhs - ₹52 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% more than the average Associate Vice President Salary in NBFC Companies for 14 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 14 - 23 years exp. (4 salaries)	₹20 L/yr - ₹44 L/yr
Data Science & Analytics Associate Vice President Salary 14 - 19 years exp. (4 salaries)	₹30 L/yr - ₹47.6 L/yr
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Strategic & Top Management Associate Vice President Salary 17 - 19 years exp. (3 salaries)	₹40 L/yr - ₹52 L/yr
Procurement & Supply Chain Associate Vice President Salary 19 - 21 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹45.3 L/yr
Risk Management & Compliance Associate Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹38 L/yr - ₹43.6 L/yr

Last Updated: 31 Oct 2024

Companies similar to Tata Motors Finance for Associate Vice President in Mumbai

Tata Motors Finance Associate Vice President Salary

14 - 23 years exp. (15 salaries)

₹20 L/yr - ₹52 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Associate Vice President Salary 10 - 18 years exp. (65 salaries)	₹22.8 L/yr - ₹60 L/yr 8% more
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (32 salaries)	₹9.5 L/yr - ₹29 L/yr 55% less
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Piramal Capital Housing Finance Associate Vice President Salary 10 - 21 years exp. (26 salaries)	₹24 L/yr - ₹50 L/yr 13% less
SMFG India Credit Associate Vice President Salary 6 - 18 years exp. (24 salaries)	₹13.5 L/yr - ₹49 L/yr 28% less
Capri Global Capital Associate Vice President Salary 5 - 21 years exp. (6 salaries)	₹12 L/yr - ₹36.7 L/yr 44% less
Aditya Birla Finance Associate Vice President Salary 7 - 23 years exp. (3 salaries)	₹35 L/yr - ₹38 L/yr 13% less

Associate Vice President salary at Tata Motors Finance ranges between ₹20 Lakhs to ₹52 Lakhs per year for employees with experience between 14 years to 23 years. Salary estimates are based on 15 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Associate Vice President salaries in Mumbai

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹36.5 L/yr - ₹46.6 L/yr
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15+ years (13 salaries)	₹22 L/yr - ₹52 L/yr

Similar Designation salaries in Tata Motors Finance

Team Lead Salary

(7 salaries)

₹1.95 L/yr - ₹3.59 L/yr

Software Engineer Salary

(3 salaries)

₹7.2 L/yr - ₹34 L/yr

Salary related reviews for Tata Motors Finance

4.0

Rated by 1 employees for salary & benefits

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

Area Operation Manager in Jabalpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2019

4.0

for Salary and Benefits

Likes

Very friendly and working environment, job security is good, if ur in good package then salary grow accordingly.big gap in salary structure in lower and middle mangment. Travel policy excellent, CSR activities goings on regular basis.

Salary - Good

+6 more

Dislikes

Appraisal process.

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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Tata Motors Finance in Mumbai?

The average salary of a Associate Vice President at Tata Motors Finance in Mumbai typically ranges from ₹20.0 Lakhs to ₹52.0 Lakhs per year, depending on experience (from 14 years to 23 years).

The top 10% of Associate Vice President in Mumbai at Tata Motors Finance earn more than ₹52.0 Lakhs per year, and the top 1% earn over ₹52.0 Lakhs per year. Associate Vice President 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 Associate Vice President at Tata Motors Finance in Mumbai?

The estimated take-home salary of a Associate Vice President at Tata Motors Finance in Mumbai typically ranges from ₹2,51,441 to ₹2,61,673 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹52.0 Lakhs per year for employees with experience ranging from 14 years to 23 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.

Which companies offer higher salaries than Tata Motors Finance for Associate Vice President in India?

Tata Capital

₹22.8 Lakhs to ₹60.0 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 Associate Vice President in companies similar to Tata Motors Finance in Mumbai?

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

Piramal Capital Housing Finance	₹24.0 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Finance	₹35.0 Lakhs to ₹38.0 Lakhs per year
SMFG India Credit	₹13.5 Lakhs to ₹49.0 Lakhs per year
Capri Global Capital	₹12.0 Lakhs to ₹36.7 Lakhs per year
IIFL Finance	₹9.5 Lakhs to ₹29.0 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 Associate Vice President at Tata Motors Finance in Mumbai?

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

Experience	Average Salary Range
14 years	₹36.5 Lakhs to ₹46.6 Lakhs per year
15 years	₹22.0 Lakhs to ₹52.0 Lakhs per year

and so on.

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Tata Motors Finance Associate Vice President Salaries in Mumbai

Tata Motors Finance Associate Vice President salary in Mumbai ranges between ₹20 Lakhs to ₹52 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.