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

1 - 6 years exp.

₹10 Lakhs - ₹20.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

35% less than the average Senior Manager Finance Salary in Automobile Companies for 1 - 6 years of experience

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Last Updated: 15 Feb 2025

Companies similar to Tata Motors for Senior Manager Finance in Mumbai

Tata Motors Senior Manager Finance Salary

1 - 6 years exp. (19 salaries)

₹10 L/yr - ₹20.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Senior Manager Finance Salary 9 - 13 years exp. (5 salaries)	₹30 L/yr - ₹35.6 L/yr 83% more
Fiat Chrysler Automobiles Senior Manager Finance Salary 12 - 31 years exp. (3 salaries)	₹25 L/yr - ₹46 L/yr 111% more
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HDFC Bank Senior Manager Finance Salary 3 - 12 years exp. (30 salaries)	₹11.5 L/yr - ₹23.3 L/yr 6% less
Cipla Senior Manager Finance Salary 4 - 12 years exp. (23 salaries)	₹20 L/yr - ₹32.3 L/yr 50% more
Reliance Retail Senior Manager Finance Salary 6 - 13 years exp. (20 salaries)	₹12 L/yr - ₹38.5 L/yr 59% more

Senior Manager Finance salary at Tata Motors ranges between ₹10 Lakhs to ₹20.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Tata Motors.

Experience wise Tata Motors Senior Manager Finance salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.3 L/yr
2 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
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3 years (4 salaries)	₹11 L/yr - ₹30.5 L/yr
4 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
5 years (5 salaries)	₹14 L/yr - ₹18.5 L/yr
6 years (4 salaries)	₹17.8 L/yr - ₹20.5 L/yr

View all

Similar Designation salaries in Tata Motors

Finance Executive Salary

(7 salaries)

₹1.9 L/yr - ₹8.8 L/yr

Finance Manager Salary

(3 salaries)

₹7.37 L/yr - ₹11.02 L/yr

Salary related reviews for Tata Motors

3.5

Rated by 2 employees for salary & benefits

Accountant in Pune

Finance & Accounting Department

5.0

• posted on 17 Apr 2022

5.0

for Salary and Benefits

Likes

Best work culture , lot of options available in career growth, largest variety of Roles and activitys. Very bright future in this company

Salary - Excellent

+6 more

Dislikes

Low salary but asper market work culture wise offering salary is best.

Accountant Cashier in Vadodara

Finance & Accounting Department

5.0

• posted on 12 Aug 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are suppprtive and the mangement is transparent

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn,t address our issues salary is decent but carrer growth is slow

Accountant in Navsari

Navsari Department

4.0

• posted on 24 Mar 2021

4.0

for Salary and Benefits

Likes

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

Salary - Good

+6 more

Dislikes

Thare 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 2years before which you cannot resigh. On the job training is not given to new joinees.

Accountant in Kolkata

Finance Department

1.0

• posted on 01 Jul 2019

1.0

for Salary and Benefits

Likes

Good company for the permanent staff good salary and facilities for them

Dislikes

Company give placement to many off role staff there is no support for them be careful on joining please ask in whose role you would be working if they says GDC it will be a contractual job for one year to be extended on performance basis.after leaving they will not provide any work experience certificate nor NOC there is no one to help

Salary - Bad

+6 more

QA Engineer in Pune

Full Time

Research & Development Department

4.0

• posted on 14 Feb 2025

4.0

for Salary and Benefits

Likes

Work life balance is very good. Seniors are supportive. Company working culture is involving.

Salary - Good

+4 more

Dislikes

Promotions, salary to starting employees is less. Making good people on role after completing their temporary tenure is missing

see more salary related reviews

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Top trending discussions

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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 Senior Manager Finance Salary FAQs

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

The average salary of a Senior Manager Finance at Tata Motors in Mumbai typically ranges from ₹10.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Senior Manager Finance in Mumbai at Tata Motors earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Senior Manager Finance Salaries at Tata Motors 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 employees in India.

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

The estimated take-home salary of a Senior Manager Finance at Tata Motors in Mumbai typically ranges from ₹1,16,496 to ₹1,19,750 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 1 year to 6 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. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Fiat Chrysler Automobiles	₹25.0 Lakhs to ₹46.0 Lakhs per year
Mahindra & Mahindra	₹30.0 Lakhs to ₹35.6 Lakhs per year
Reliance Retail	₹12.0 Lakhs to ₹38.5 Lakhs per year
Cipla	₹20.0 Lakhs to ₹32.3 Lakhs per year

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

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

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

HDFC Bank

₹11.5 Lakhs to ₹23.3 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 Finance at Tata Motors in Mumbai?

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

Experience	Average Salary Range
1 year	₹14.4 Lakhs to ₹18.3 Lakhs per year
2 years	₹14.8 Lakhs to ₹18.9 Lakhs per year
3 years	₹11.0 Lakhs to ₹30.5 Lakhs per year
4 years	₹15.7 Lakhs to ₹20.1 Lakhs per year

and so on.

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Tata Motors Senior Manager Finance Salaries in Mumbai

Tata Motors Senior Manager Finance salary in Mumbai ranges between ₹10 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Tata Motors latest salaries received from various employees of Tata Motors.