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Mahindra Finance State Legal Manager salaries in India (Updated 2025)

Annual salary range
4 - 15 years exp.
₹5.9 Lakhs - ₹14.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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State Legal Manager Salary at Mahindra Finance ranges between ₹5.9 Lakhs to ₹14.5 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 10 latest salaries received... Read more

At par with the average State Legal Manager Salary in NBFC Companies for 4 - 15 years of experience

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Last Updated: 4 Jun 2025

Companies similar to Mahindra Finance for State Legal Manager

Company name Avg Annual Salary Open Jobs
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Muthoot Fincorp State Legal Manager Salary

4 - 11 years exp. (9 salaries)

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₹7 L/yr - ₹10 L/yr

arrow icon 12% less
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₹5.9 L/yr - ₹10.8 L/yr

At par
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SMFG India Credit State Legal Manager Salary

4 - 9 years exp. (3 salaries)

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₹7 L/yr - ₹12.5 L/yr

arrow icon 15% less
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IndusInd Bank State Legal Manager Salary

6 - 16 years exp. (13 salaries)

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₹9.1 L/yr - ₹14 L/yr

arrow icon 24% more
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₹5 L/yr - ₹7.9 L/yr

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Latest annual salaries shared by Mahindra Finance State Legal Manager

2mo ago
₹14 Lakhs
12 years exp.
2mo ago
₹11 Lakhs
10 years exp.
4mo ago
₹7 Lakhs
7 years exp.
9mo ago
₹13 Lakhs
15 years exp.
10mo ago
₹9.1 Lakhs
12 years exp.
10mo ago
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4 years exp.

Mahindra Finance State Legal Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
5 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
7 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.4 L/yr
View all salaries by experience

Similar Designation Salaries at Mahindra Finance

Similar Designation Avg. annual salary
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₹3.8 L/yr - ₹9 L/yr

unlock-blur

₹5.3 L/yr - ₹16.8 L/yr

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₹8.2 L/yr - ₹15.8 L/yr

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₹4.1 L/yr - ₹11.6 L/yr

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₹2.5 L/yr - ₹4.2 L/yr

Legal Advisor Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Legal Associate Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

LAW Officer Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Advocate Lawyer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

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₹3 L/yr - ₹3.7 L/yr

View more similar designations

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Salary related reviews for Mahindra Finance

3.8

Rated by 3 employees for salary & benefits

Data Science & Analytics Department

5.0
  •  updated on 13 Jul 2025

5.0
 for  Salary and Benefits

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Lot of dashboard Development but Not increase the salary.we can do lot of work in Saturday a...

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Performance bonus is not good . salary hike is 2 % from current CTC. Manager were Not good....

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Finance & Accounting Department

5.0
  •  updated on 29 Oct 2024

5.0
 for  Salary and Benefits

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.... Even the salary gets credited 2-3 days before the month ends....

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So far no issues.

Legal & Regulatory Department

5.0
  •  updated on 24 Oct 2020

4.0
 for  Salary and Benefits

Likes

Good work environment and culture, teammates are supportive, companies policy are good appraisals ar...

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Dislikes

Salary is decent but career growth is slow, release period for an employee is 3 months...

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Finance & Accounting Department

5.0
  •  updated on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new te...

read more

Dislikes

Only salary package..

Legal & Regulatory Department

2.0
  •  updated on 06 Nov 2019

1.0
 for  Salary and Benefits

Likes

.... Every month u ll get salary on 1st . Appraisal depend on your boss whatever u hv done n...

read more

Dislikes

Job security zero and this time mahindra finance very professional but on money he will teach you wi...

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see more salary related reviews

Mahindra Finance State Legal Manager Salary FAQs

What is the salary of State Legal Manager at Mahindra Finance ?
The average salary of a State Legal Manager at Mahindra Finance in India typically ranges from ₹5.9 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of State Legal Manager at Mahindra Finance earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. State Legal Manager Salaries at Mahindra 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 Mahindra Finance employees in India.
What is the estimated take home salary of a State Legal Manager at Mahindra Finance in India?
The estimated take-home salary of a State Legal Manager at Mahindra Finance in India typically ranges from ₹70,538 to ₹72,353 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 4 years to 15 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 Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Finance for State Legal Manager in India?
IndusInd Bank ₹9.1 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime ₹5.9 Lakhs to ₹10.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
What is the salary of a State Legal Manager in companies similar to Mahindra Finance in India?
The salary of a State Legal Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp ₹7.0 Lakhs to ₹10.0 Lakhs per year
SMFG India Credit ₹7.0 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindra Bank ₹5.0 Lakhs to ₹7.9 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 State Legal Manager at Mahindra Finance in India?
The salary growth for a State Legal Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a State Legal Manager can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
4 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
5 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
6 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
7 years ₹7.8 Lakhs to ₹10.0 Lakhs per year
and so on.

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Mahindra Finance State Legal Manager salary in India ranges between ₹5.9 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Mahindra Finance latest salaries received from various employees of Mahindra Finance.