Tata Motors Finance Mumbai Senior Manager Salaries by 20+ Employees (Updated 2025)

7 - 21 years exp.

₹11 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Senior Manager Salary in NBFC Companies for 7 - 21 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 7 - 13 years exp. (8 salaries)	₹16.5 L/yr - ₹25 L/yr
Data Science & Analytics Senior Manager Salary 10 - 17 years exp. (5 salaries)	₹13 L/yr - ₹21.6 L/yr
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Risk Management & Compliance Senior Manager Salary 14 - 21 years exp. (5 salaries)	₹15.1 L/yr - ₹18 L/yr
BFSI, Investments & Trading Senior Manager Salary 16 - 19 years exp. (3 salaries)	₹13.3 L/yr - ₹16.9 L/yr
Administration & Facilities Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹15.8 L/yr

View all

Last Updated: 23 Mar 2025

Companies similar to Tata Motors Finance for Senior Manager in Mumbai

Tata Motors Finance Senior Manager Salary

7 - 21 years exp. (25 salaries)

₹11 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager Salary 2 - 12 years exp. (247 salaries)	₹9 L/yr - ₹26 L/yr 3% more
SMFG India Credit Senior Manager Salary 7 - 16 years exp. (140 salaries)	₹9 L/yr - ₹31 L/yr 21% more
Login to view exact salary
Tata Capital Senior Manager Salary 4 - 13 years exp. (118 salaries)	₹10.4 L/yr - ₹37 L/yr 28% more
Piramal Capital Housing Finance Senior Manager Salary 5 - 14 years exp. (77 salaries)	₹13 L/yr - ₹35 L/yr 34% more
Mahindra Finance Senior Manager Salary 4 - 13 years exp. (57 salaries)	₹7 L/yr - ₹29.6 L/yr 5% less
IIFL Finance Senior Manager Salary 2 - 13 years exp. (32 salaries)	₹6 L/yr - ₹21 L/yr 29% less
Aditya Birla Finance Senior Manager Salary 3 - 14 years exp. (30 salaries)	₹10.3 L/yr - ₹25 L/yr 2% less
Sammaan Capital Limited Senior Manager Salary 5 - 17 years exp. (24 salaries)	₹6.6 L/yr - ₹16 L/yr 32% less
Capri Global Capital Senior Manager Salary 4 - 18 years exp. (23 salaries)	₹10.3 L/yr - ₹28.5 L/yr 10% more
Mahindra Rural Housing Finance Senior Manager Salary 4 - 15 years exp. (17 salaries)	₹9.2 L/yr - ₹24 L/yr 7% less
Poonawalla Fincorp Senior Manager Salary 7 - 9 years exp. (11 salaries)	₹15 L/yr - ₹23.1 L/yr 8% less
Login to view exact salary
Manappuram Finance Senior Manager Salary 8 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 59% less
Aavas Financiers Senior Manager Salary 11 - 18 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 37% less
TVS Credit Senior Manager Salary 4 - 6 years exp. (3 salaries)	₹12.7 L/yr - ₹17 L/yr 2% less	1 job opening

Senior Manager salary at Tata Motors Finance ranges between ₹11 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 21 years. Salary estimates are based on 25 latest salaries received from various employees of Tata Motors Finance.

Latest annual salaries shared by Tata Motors Finance Senior Manager in Mumbai

2w ago

₹17 Lakhs

21 years exp.

2mo ago

₹16.5 Lakhs

13 years exp.

7mo ago

₹17 Lakhs

20 years exp.

7mo ago

₹18 Lakhs

14 years exp.

8mo ago

₹15 Lakhs

19 years exp.

9mo ago

8 years exp.

10mo ago

15 years exp.

1y ago

11 years exp.

1y ago

16 years exp.

1y ago

8 years exp.

Experience wise Tata Motors Finance Senior Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
8 years (4 salaries)	₹7 L/yr - ₹25 L/yr
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9 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
10 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
11 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
12 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
13 years (3 salaries)	₹16.5 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.9 L/yr
15+ years (10 salaries)	₹13.3 L/yr - ₹21.6 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

7 - 21 years exp.

Regional Head Sales

₹

Lakhs/yr

20 - 20 years exp.

Senior Manager 7 - 21 years exp.

State Sales Head 11 - 17 years exp.

24% hike

Regional Head Sales 20 years exp.

40% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Tata Motors Finance

Deputy Manager Salary

(12 salaries)

₹7 L/yr - ₹11 L/yr

Top skills at Tata Motors Finance for Senior Manager

Translation Excel Project Management Automotive Monitoring

Salary related reviews for Tata Motors Finance

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

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

Territory Sales Manager in Jhansi

Used Commercial Vehicle Department

5.0

• posted on 02 Apr 2021

5.0

for Salary and Benefits

Likes

Such an amazing company to work with. I am a Proud member of TMF, Good work environment and culture, TMF Wolfpack concept make the team more strong and keep each member of Wolfpack motivated to achieve the desired results.

Salary - Excellent

+6 more

Dislikes

...up and help you in getting your confidence back. Career growth is also bit slow. Some improvement needed in off role hiring of BDM's, Getting a good resource on low salary has always been a challenge at BDM level.

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

Territory Manager in Karnal

BFSI, Investments & Trading Department

2.0

• posted on 25 Mar 2021

5.0

for Salary and Benefits

Likes

Company has good compensation and benefit schemes. Salary always came on time.

Salary - Excellent

Dislikes

Single person will do everything and boss required everything on time likes u r Hanuman. They required target complete but support zero. They required quality business with any rejection because channel should happy.

Skill development - Bad

+5 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 Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Tata Motors Finance in Mumbai typically ranges from ₹11.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 7 years to 21 years).

The top 10% of Senior Manager in Mumbai at Tata Motors Finance earn more than ₹21.6 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior 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 20+ Tata Motors Finance employees in India.

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

The estimated take-home salary of a Senior Manager at Tata Motors Finance in Mumbai typically ranges from ₹1,16,860 to ₹1,20,126 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 7 years to 21 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 20+ 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 Senior Manager at Tata Motors Finance in Mumbai?

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

- Translation
- Excel
- Project Management
- Automotive
- Monitoring

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 Senior Manager in India?

Piramal Capital Housing Finance	₹13.0 Lakhs to ₹35.0 Lakhs per year
Tata Capital	₹10.4 Lakhs to ₹37.0 Lakhs per year
SMFG India Credit	₹9.0 Lakhs to ₹31.0 Lakhs per year
Capri Global Capital	₹10.3 Lakhs to ₹28.5 Lakhs per year
L&T Finance	₹9.0 Lakhs to ₹26.0 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 Senior Manager in companies similar to Tata Motors Finance in Mumbai?

The salary of a Senior 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:

TVS Credit	₹12.7 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Finance	₹10.3 Lakhs to ₹25.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹29.6 Lakhs per year
Mahindra Rural Housing Finance	₹9.2 Lakhs to ₹24.0 Lakhs per year
Poonawalla Fincorp	₹15.0 Lakhs to ₹23.1 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 Senior Manager at Tata Motors Finance in Mumbai?

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

Experience	Average Salary Range
7 years	₹15.9 Lakhs to ₹20.3 Lakhs per year
8 years	₹7.0 Lakhs to ₹25.0 Lakhs per year
9 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
10 years	₹15.8 Lakhs to ₹20.1 Lakhs per year

and so on.

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Tata Motors Finance Senior Manager Salaries in Mumbai

Tata Motors Finance Senior Manager salary in Mumbai ranges between ₹11 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.

Tata Motors Finance Senior Manager salaries in Mumbai (Updated 2025)

Companies similar to Tata Motors Finance for Senior Manager in Mumbai

Latest annual salaries shared by Tata Motors Finance Senior Manager in Mumbai

Experience wise Tata Motors Finance Senior Manager salaries in Mumbai

Similar Designation salaries in Tata Motors Finance

Top skills at Tata Motors Finance for Senior Manager

Salary related reviews for Tata Motors Finance

Senior Manager in Thane

Business Development Manager in Mumbai

Territory Sales Manager in Jhansi

Business Development Manager in Erode

Territory Manager in Karnal

Tata Motors Finance Senior Manager Salary FAQs

Tell us how to improve this page.