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Mahindra & Mahindra Store Manager salaries in India

Annual salary range
1 - 13 years exp.
₹3 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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24% less than the average Store Manager Salary in Automobile Companies for 1 - 13 years of experience

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Salaries in different departments

Procurement & Supply Chain
Store Manager Salary
10 - 13 years exp. (8 salaries)
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₹3.5 L/yr - ₹11 L/yr

Sales & Business Development
Store Manager Salary
5 - 13 years exp. (5 salaries)
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₹3.8 L/yr - ₹6 L/yr

Merchandising, Retail & eCommerce
Store Manager Salary
8 - 9 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Store Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.4 L/yr

UX, Design & Architecture
Store Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹0.9 L/yr - ₹4.5 L/yr

Last Updated: 28 Aug 2024

Companies similar to Mahindra & Mahindra for Store Manager

Company name Avg Annual Salary Open Jobs
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Tata Motors Store Manager Salary

1 - 11 years exp. (13 salaries)

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₹1.6 L/yr - ₹6.2 L/yr

arrow icon 27% more
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Ashok Leyland Store Manager Salary

2 - 7 years exp. (8 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 13% less
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Maruti Suzuki Store Manager Salary

0 - 13 years exp. (8 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 31% less
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Hero MotoCorp Store Manager Salary

1 - 15 years exp. (6 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 45% less
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Bajaj Auto Store Manager Salary

2 - 10 years exp. (6 salaries)

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₹2.4 L/yr - ₹9.5 L/yr

arrow icon 7% more
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₹3 L/yr - ₹4.8 L/yr

arrow icon 9% less
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Ford Motor Store Manager Salary

4 - 30 years exp. (4 salaries)

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₹3.6 L/yr - ₹50 L/yr

arrow icon 375% more
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Swaraj Tractors Store Manager Salary

1 - 5 years exp. (4 salaries)

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₹1.2 L/yr - ₹2 L/yr

arrow icon 63% less
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Mahindra Automotives Store Manager Salary

8 - 15 years exp. (4 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 52% more
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Bajaj Group Store Manager Salary

4 - 14 years exp. (3 salaries)

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₹9.8 L/yr - ₹15 L/yr

arrow icon 186% more
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Honda Store Manager Salary

2 - 12 years exp. (3 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 29% less
Store Manager salary at Mahindra & Mahindra ranges between ₹3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 24 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Store Manager

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Experience wise Mahindra & Mahindra Store Manager salaries

Last Updated: 28 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Mahindra & Mahindra

Area Manager Salary
(71 salaries)
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₹7.05 L/yr - ₹25 L/yr
Sales Manager Salary
(189 salaries)
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₹2.5 L/yr - ₹11.21 L/yr
Floor Manager Salary
(9 salaries)
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₹2.2 L/yr - ₹3.8 L/yr
Showroom Manager Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Retail Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Branch Manager Salary
(34 salaries)
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₹1.85 L/yr - ₹6 L/yr
Store Incharge Salary
(26 salaries)
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₹1 L/yr - ₹4 L/yr
Cluster Manager Salary
(21 salaries)
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₹4.5 L/yr - ₹8.75 L/yr
Deputy Manager Salary
(2.8k salaries)
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₹5.1 L/yr - ₹19.41 L/yr
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₹10.16 L/yr - ₹13.99 L/yr

Salary related reviews for Mahindra & Mahindra

3.7

Rated by 11 employees for salary & benefits

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.

read more

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

read more
  • Promotions - Poor

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

read more

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.

read more
  • Salary - Bad
  • +5 more

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

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Mahindra & Mahindra Store Manager Salary FAQs

What is the salary of Store Manager at Mahindra & Mahindra ?
The average salary of a Store Manager at Mahindra & Mahindra in India typically ranges from ₹3.0 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Store Manager at Mahindra & Mahindra earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Store 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 20+ Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Store Manager at Mahindra & Mahindra in India?
The estimated take-home salary of a Store Manager at Mahindra & Mahindra in India typically ranges from ₹31,885 to ₹33,172 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 1 year to 13 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra & Mahindra for Store Manager in India?
Ford Motor ₹3.6 Lakhs to ₹50.0 Lakhs per year
Bajaj Group ₹9.8 Lakhs to ₹15.0 Lakhs per year
Mahindra Automotives ₹5.0 Lakhs to ₹11.5 Lakhs per year
Tata Motors ₹1.6 Lakhs to ₹6.2 Lakhs per year
Bajaj Auto ₹2.4 Lakhs to ₹9.5 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 Store Manager in companies similar to Mahindra & Mahindra in India?
The salary of a Store Manager at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hyundai Motor India Limited ₹3.0 Lakhs to ₹4.8 Lakhs per year
Ashok Leyland ₹2.4 Lakhs to ₹5.0 Lakhs per year
Honda ₹2.2 Lakhs to ₹4.0 Lakhs per year
Maruti Suzuki ₹1.0 Lakhs to ₹4.5 Lakhs per year
Hero MotoCorp ₹1.2 Lakhs to ₹3.6 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 Store Manager at Mahindra & Mahindra in India?
The salary growth for a Store Manager at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Store Manager can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
1 year ₹3.2 Lakhs to ₹7.5 Lakhs per year
2 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra & Mahindra Store Manager salary in India ranges between ₹3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.