Mahindra & Mahindra Store Manager Salaries by 20+ Employees

1 - 13 years exp.

₹3 Lakhs - ₹6.4 Lakhs

Salary of majority employees

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)	₹3.5 L/yr - ₹11 L/yr
Sales & Business Development Store Manager Salary 5 - 13 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr
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Merchandising, Retail & eCommerce Store Manager Salary 8 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Store Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.4 L/yr
UX, Design & Architecture Store Manager Salary 6 years exp. (AmbitionBox Estimate)	₹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
Tata Motors Store Manager Salary 1 - 11 years exp. (13 salaries)	₹1.6 L/yr - ₹6.2 L/yr 27% more
Ashok Leyland Store Manager Salary 2 - 7 years exp. (8 salaries)	₹2.4 L/yr - ₹5 L/yr 13% less
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Maruti Suzuki Store Manager Salary 0 - 13 years exp. (8 salaries)	₹1 L/yr - ₹4.5 L/yr 31% less
Hero MotoCorp Store Manager Salary 1 - 15 years exp. (6 salaries)	₹1.2 L/yr - ₹3.6 L/yr 45% less
Bajaj Auto Store Manager Salary 2 - 10 years exp. (6 salaries)	₹2.4 L/yr - ₹9.5 L/yr 7% more
Hyundai Motor India Limited Store Manager Salary 8 - 25 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr 9% less
Ford Motor Store Manager Salary 4 - 30 years exp. (4 salaries)	₹3.6 L/yr - ₹50 L/yr 375% more
Swaraj Tractors Store Manager Salary 1 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹2 L/yr 63% less
Mahindra Automotives Store Manager Salary 8 - 15 years exp. (4 salaries)	₹5 L/yr - ₹11.5 L/yr 52% more
Bajaj Group Store Manager Salary 4 - 14 years exp. (3 salaries)	₹9.8 L/yr - ₹15 L/yr 186% more
Honda Store Manager Salary 2 - 12 years exp. (3 salaries)	₹2.2 L/yr - ₹4 L/yr 29% less
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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.

Experience wise Mahindra & Mahindra Store Manager salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.7 L/yr
8 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.4 L/yr
10 years (4 salaries)	₹4 L/yr - ₹7.8 L/yr
11 years (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr
12 years (4 salaries)	₹3.6 L/yr - ₹7.9 L/yr
13 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Mahindra & Mahindra

Area Manager Salary

(71 salaries)

₹7.05 L/yr - ₹25 L/yr

Sales Manager Salary

(189 salaries)

₹2.5 L/yr - ₹11.21 L/yr

Floor Manager Salary

(9 salaries)

₹2.2 L/yr - ₹3.8 L/yr

Showroom Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Retail Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Branch Manager Salary

(34 salaries)

₹1.85 L/yr - ₹6 L/yr

Store Incharge Salary

(26 salaries)

₹1 L/yr - ₹4 L/yr

Cluster Manager Salary

(21 salaries)

₹4.5 L/yr - ₹8.75 L/yr

Deputy Manager Salary

(2.8k salaries)

₹5.1 L/yr - ₹19.41 L/yr

Business Manager Salary

(6 salaries)

₹10.16 L/yr - ₹13.99 L/yr

Salary related reviews for Mahindra & Mahindra

3.7

Rated by 11 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

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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.

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Mahindra & Mahindra Store Manager Salaries by Location

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Mahindra & Mahindra Store Manager Salaries

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

Mahindra & Mahindra Store Manager salaries in India

Companies similar to Mahindra & Mahindra for Store Manager

Latest annual salaries shared by Mahindra & Mahindra Store Manager

Experience wise Mahindra & Mahindra Store 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 Store Manager Salary FAQs

Tell us how to improve this page.

Mahindra & Mahindra Store Manager Salaries by Location