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

2 - 20 years exp.

₹7 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Deputy Manager Salary in NBFC Companies for 2 - 20 years of experience

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Salaries in different departments

Finance & Accounting Deputy Manager Salary 5 - 20 years exp. (3 salaries)	₹7.5 L/yr - ₹8 L/yr
Human Resources Deputy Manager Salary 8 - 13 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹9.5 L/yr
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Risk Management & Compliance Deputy Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹9.1 L/yr
Engineering - Software & QA Deputy Manager Salary 5 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10.1 L/yr

Last Updated: 13 Feb 2025

Companies similar to Tata Motors Finance for Deputy Manager in Mumbai

Tata Motors Finance Deputy Manager Salary

2 - 20 years exp. (12 salaries)

₹7 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Deputy Manager Salary 0 - 15 years exp. (83 salaries)	₹4.2 L/yr - ₹11.5 L/yr 15% less	1 job opening
Piramal Capital Housing Finance Deputy Manager Salary 0 - 10 years exp. (73 salaries)	₹4 L/yr - ₹12.5 L/yr 3% less
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IIFL Finance Deputy Manager Salary 2 - 12 years exp. (56 salaries)	₹3.5 L/yr - ₹10 L/yr 23% less
Mahindra Rural Housing Finance Deputy Manager Salary 3 - 11 years exp. (43 salaries)	₹3.6 L/yr - ₹12 L/yr 25% less
Capri Global Capital Deputy Manager Salary 4 - 14 years exp. (28 salaries)	₹4.3 L/yr - ₹10 L/yr 23% less
Aditya Birla Finance Deputy Manager Salary 3 - 16 years exp. (13 salaries)	₹5.5 L/yr - ₹11.2 L/yr 18% less
Poonawalla Fincorp Deputy Manager Salary 1 - 12 years exp. (8 salaries)	₹5.3 L/yr - ₹10 L/yr 15% less
Sundaram Finance Deputy Manager Salary 6 - 18 years exp. (6 salaries)	₹6.1 L/yr - ₹11 L/yr At par
Muthoot Fincorp Deputy Manager Salary 6 - 13 years exp. (5 salaries)	₹3.3 L/yr - ₹5 L/yr 48% less
Manappuram Finance Deputy Manager Salary 3 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹6.5 L/yr 44% less
Sammaan Capital Limited Deputy Manager Salary 3 - 10 years exp. (5 salaries)	₹5 L/yr - ₹10.2 L/yr 6% less
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Tata Capital Deputy Manager Salary 3 - 11 years exp. (4 salaries)	₹4 L/yr - ₹5.8 L/yr 41% less
Muthoot Finance Deputy Manager Salary 7 - 14 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 37% less

Deputy Manager salary at Tata Motors Finance ranges between ₹7 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 20 years. Salary estimates are based on 12 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Deputy Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
8 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
15+ years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

View all

Similar Designation salaries in Tata Motors Finance

Operations Executive Salary

(27 salaries)

₹1.5 L/yr - ₹3.1 L/yr

Assistant Vice President Salary

(23 salaries)

₹19.9 L/yr - ₹36 L/yr

Associate Vice President Salary

(15 salaries)

₹20 L/yr - ₹52 L/yr

MIS Executive Salary

(12 salaries)

₹1.65 L/yr - ₹4.35 L/yr

Team Lead Salary

(7 salaries)

₹1.95 L/yr - ₹3.59 L/yr

Customer Relationship Executive Salary

(3 salaries)

₹2 L/yr - ₹2.27 L/yr

Salary related reviews for Tata Motors Finance

5.0

Rated by 1 employees for salary & benefits

Business Development Manager in Mumbai

Marketing & Communication Department

4.0

• posted on 03 May 2021

4.0

for Salary and Benefits

Likes

...t being super all people are helpful and Coordinate both in difficult situation.Obiously salary in good as best in your work.Overall good Experience

Salary - Good

+3 more

Dislikes

... true some of politics involve in theirs.I haven't see management address issue. Salary is Ok hiking not possible also Carter growth is slow.No training for fresher on the job.some of using bad language in front of others

Business Development Manager in Erode

Sales & Business Development Department

5.0

• posted on 08 Apr 2021

5.0

for Salary and Benefits

Likes

Very good job satisfaction.

Salary - Excellent

+5 more

Dislikes

Career wise growth is too poor while bdm are entry level positions will continued year by year no salary hike and there is no movement of next grade/designation.if these are corrected we never missed knowledgeable employees

Promotions - Bad

Business Development Manager in Gurgaon / Gurugram

Commercial vehicle finance Department

4.0

• posted on 05 Oct 2019

2.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I'm a part of a team that market reliable.

Company culture - Excellent

Dislikes

Compensation is decent but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client in the night.

Salary - Poor

+1 more

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.

Business Development Manager in Haldwani

BDM Department

3.0

• posted on 18 Jun 2018

2.0

for Salary and Benefits

Likes

It was good experience, i have learned alot fromTMFL , helping teammates , gud training sessions, no job security at all untill and unless will not reach up to the targets but at conclusion i enjoyed working with TMFL.

Work satisfaction - Good

Dislikes

Not happy with the salary because my colleagues as a BDM itself was getting 1K higher paid then me .

Salary - Poor

+1 more

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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 Deputy Manager Salary FAQs

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

The average salary of a Deputy Manager at Tata Motors Finance in Mumbai typically ranges from ₹7.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 2 years to 20 years).

The top 10% of Deputy Manager in Mumbai at Tata Motors Finance earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Deputy 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 Deputy Manager at Tata Motors Finance in Mumbai?

The estimated take-home salary of a Deputy Manager at Tata Motors Finance in Mumbai typically ranges from ₹65,877 to ₹67,560 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 2 years to 20 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 is the salary of a Deputy Manager in companies similar to Tata Motors Finance in Mumbai?

The salary of a Deputy 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:

Sundaram Finance	₹6.1 Lakhs to ₹11.0 Lakhs per year
Piramal Capital Housing Finance	₹4.0 Lakhs to ₹12.5 Lakhs per year
Sammaan Capital Limited	₹5.0 Lakhs to ₹10.2 Lakhs per year
Mahindra Finance	₹4.2 Lakhs to ₹11.5 Lakhs per year
Poonawalla Fincorp	₹5.3 Lakhs to ₹10.0 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 Deputy Manager at Tata Motors Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
3 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
4 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
5 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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Tata Motors Finance Deputy Manager Salaries in Mumbai

Tata Motors Finance Deputy Manager salary in Mumbai ranges between ₹7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.