Mahindra & Mahindra Channel Development Manager Salaries by 10+ Employees (Updated 2025)

10 - 26 years exp.

₹16.9 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

74% more than the average Channel Development Manager Salary in Automobile Companies for 10 - 26 years of experience

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Salaries in different departments

Sales & Business Development Channel Development Manager Salary 11 - 26 years exp. (7 salaries)	₹16.9 L/yr - ₹22 L/yr
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Marketing & Communication Channel Development Manager Salary 10 - 18 years exp. (3 salaries)	₹17.3 L/yr - ₹26 L/yr

Last Updated: 2 Apr 2025

Companies similar to Mahindra & Mahindra for Channel Development Manager

Company name	Avg Annual Salary	Open Jobs
Hero MotoCorp Channel Development Manager Salary 11 - 16 years exp. (7 salaries)	₹14 L/yr - ₹16.3 L/yr 20% less
Maruti Suzuki Channel Development Manager Salary 9 - 11 years exp. (3 salaries)	₹23.4 L/yr - ₹29.9 L/yr 32% more
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Future Generali India Life Insurance Channel Development Manager Salary 5 - 18 years exp. (41 salaries)	₹5.5 L/yr - ₹9 L/yr 62% less	3 job openings
Manipal Business Solutions Channel Development Manager Salary 5 - 12 years exp. (32 salaries)	₹3.3 L/yr - ₹6 L/yr 77% less
HDFC Life Channel Development Manager Salary 3 - 10 years exp. (19 salaries)	₹4 L/yr - ₹7 L/yr 77% less

Channel Development Manager salary at Mahindra & Mahindra ranges between ₹16.9 Lakhs to ₹26 Lakhs per year for employees with experience between 10 years to 26 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Channel Development Manager salaries

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
11 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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12 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
14 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
15+ years (9 salaries)	₹18 L/yr - ₹26 L/yr

View all

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₹8.32 L/yr - ₹18.11 L/yr

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₹5.1 L/yr - ₹19 L/yr

Top skills at Mahindra & Mahindra for Channel Development Manager

Relationship Management CRM Change Management Financial Management Atlassian DMS Auditing Sales Support Sales Process Advisory Automotive Engineering Product launch Cobol Channel Development Finance

Salary related reviews for Mahindra & Mahindra

3.0

Rated by 2 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 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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Mahindra & Mahindra Channel Development Manager Salary FAQs

What is the salary of Channel Development Manager at Mahindra & Mahindra ?

The average salary of a Channel Development Manager at Mahindra & Mahindra in India typically ranges from ₹16.9 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 10 years to 26 years).

The top 10% of Channel Development Manager at Mahindra & Mahindra earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Channel Development Manager Salaries at Mahindra & Mahindra 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 & Mahindra employees in India.

What is the estimated take home salary of a Channel Development Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a Channel Development Manager at Mahindra & Mahindra in India typically ranges from ₹1,29,843 to ₹1,34,409 per month. This is based on the average salary range of ₹16.9 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 10 years to 26 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 & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Channel Development Manager at Mahindra & Mahindra ?

To be a Channel Development Manager at Mahindra & Mahindra in india, the key skills required include:

- Relationship Management
- CRM
- Change Management
- Financial Management
- Atlassian

These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra & Mahindra for Channel Development Manager in India?

Maruti Suzuki

₹23.4 Lakhs to ₹29.9 Lakhs per year

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

What is the salary of a Channel Development Manager in companies similar to Mahindra & Mahindra in India?

The salary of a Channel Development Manager at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero MotoCorp	₹14.0 Lakhs to ₹16.3 Lakhs per year
Future Generali India Life Insurance	₹5.5 Lakhs to ₹9.0 Lakhs per year
Manipal Business Solutions	₹3.3 Lakhs to ₹6.0 Lakhs per year
HDFC Life	₹4.0 Lakhs to ₹7.0 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 Channel Development Manager at Mahindra & Mahindra in India?

The salary growth for a Channel Development Manager at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Channel Development Manager can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
10 years	₹16.5 Lakhs to ₹21.1 Lakhs per year
11 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
12 years	₹16.8 Lakhs to ₹21.5 Lakhs per year
13 years	₹17.0 Lakhs to ₹21.7 Lakhs per year

and so on.

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Mahindra & Mahindra Channel Development Manager Salaries

Mahindra & Mahindra Channel Development Manager salary in India ranges between ₹16.9 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Channel Development Manager salaries in India (Updated 2025)

Companies similar to Mahindra & Mahindra for Channel Development Manager

Latest annual salaries shared by Mahindra & Mahindra Channel Development Manager

Experience wise Mahindra & Mahindra Channel Development Manager salaries

Similar Designation salaries in Mahindra & Mahindra

Top skills at Mahindra & Mahindra for Channel Development Manager

Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Area Sales Manager in Udaipur

Deputy Manager in Mumbai

Deputy Manager in Pune

Sales Manager in Raipur

Mahindra & Mahindra Channel Development Manager Salary FAQs

Tell us how to improve this page.

Mahindra & Mahindra Channel Development Manager Salaries by Location