Mahindra & Mahindra Exchange Manager Salaries by 5 Employees (Updated 2025)

1 - 10 years exp.

₹2 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

18% more than the average Exchange Manager Salary in Automobile Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development Exchange Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹11 L/yr
Research & Development Exchange Manager Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Teaching & Training Exchange Manager Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 2 Nov 2023

Companies similar to Mahindra & Mahindra for Exchange Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Exchange Manager Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 30% less
Mahindra Automotives Exchange Manager Salary 11 - 16 years exp. (3 salaries)	₹4.5 L/yr - ₹18.5 L/yr 243% more
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Groupm Media Exchange Manager Salary 4 - 7 years exp. (4 salaries)	₹8.1 L/yr - ₹11 L/yr 143% more
Mahindra First Choice Wheels Exchange Manager Salary 7 - 11 years exp. (4 salaries)	₹6.6 L/yr - ₹11.1 L/yr 162% more
Kia Motors Exchange Manager Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 18% less

Exchange Manager salary at Mahindra & Mahindra ranges between ₹2 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Exchange Manager salaries

Last Updated: 2 Nov 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹11 L/yr

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Salary related reviews for Mahindra & Mahindra

4.5

Rated by 3 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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Exchange Manager Salary FAQs

What is the salary of Exchange Manager at Mahindra & Mahindra?

Exchange Manager salary at Mahindra & Mahindra in India ranges between ₹2.0 Lakhs to ₹6.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 18% more than the average Exchange Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Exchange Manager at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Exchange Manager at Mahindra & Mahindra is 18% more than the average salary of a Exchange Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Exchange Manager in India?

Mahindra Automotives Exchange Manager Salary - ₹4.5 Lakhs to ₹18.5 Lakhs per year
Mahindra First Choice Wheels Exchange Manager Salary - ₹6.6 Lakhs to ₹11.1 Lakhs per year
Groupm Media Exchange Manager Salary - ₹8.1 Lakhs to ₹11.0 Lakhs per year

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

Kia Motors Exchange Manager Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Tata Motors Exchange Manager Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Exchange Manager at Mahindra & Mahindra ranges between ₹28,584 per month to ₹29,969 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Exchange Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

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Mahindra & Mahindra Exchange Manager Salaries by Location

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Mahindra & Mahindra Exchange Manager Salaries

Mahindra & Mahindra Exchange Manager salary in India ranges between ₹2 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.

Mahindra & Mahindra Exchange Manager salaries in India

Companies similar to Mahindra & Mahindra for Exchange Manager

Latest annual salaries shared by Mahindra & Mahindra Exchange Manager

Experience wise Mahindra & Mahindra Exchange Manager salaries

Similar Designation salaries in Mahindra & Mahindra

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 Exchange Manager Salary FAQs

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Mahindra & Mahindra Exchange Manager Salaries by Location