Mahindra Finance Indore Area Business Manager Salaries by 10+ Employees (Updated 2025)

5 - 12 years exp.

₹5 Lakhs - ₹12.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Area Business Manager Salary in NBFC Companies for 5 - 12 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Sales & Business Development Area Business Manager Salary 5 - 12 years exp. (8 salaries)	₹5.5 L/yr - ₹11 L/yr
Finance & Accounting Area Business Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.8 L/yr
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BFSI, Investments & Trading Area Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹12.5 L/yr
Marketing & Communication Area Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹9.6 L/yr

Last Updated: 18 Feb 2025

Companies similar to Mahindra Finance for Area Business Manager in Indore

Mahindra Finance Area Business Manager Salary

5 - 12 years exp. (18 salaries)

₹5 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Abbott Area Business Manager Salary 12 - 19 years exp. (11 salaries)	₹6.6 L/yr - ₹13.7 L/yr 36% more	8 job openings
Samsung Area Business Manager Salary 7 - 15 years exp. (11 salaries)	₹15.7 L/yr - ₹30.5 L/yr 149% more	1 job opening
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Escorts Kubota Limited Area Business Manager Salary 5 - 10 years exp. (8 salaries)	₹8 L/yr - ₹12.6 L/yr 33% more
USV Area Business Manager Salary 7 - 13 years exp. (8 salaries)	₹6.4 L/yr - ₹9.3 L/yr 7% less
Dr. Reddy's Area Business Manager Salary 8 - 12 years exp. (7 salaries)	₹6.2 L/yr - ₹10.9 L/yr 14% more

Area Business Manager salary at Mahindra Finance ranges between ₹5 Lakhs to ₹12.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 18 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Business Manager salaries in Indore

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹3 L/yr - ₹10.1 L/yr
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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7 years (6 salaries)	₹5.3 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
10 years (3 salaries)	₹5.5 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

View all

From

Area Business Manager

5 - 18 years exp.

Divisional Manager

9 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹8.6 L/yr

Branch Manager Salary

(4 salaries)

₹4 L/yr - ₹6.7 L/yr

Business Manager Salary

(3 salaries)

₹2.5 L/yr - ₹6.25 L/yr

Top skills at Mahindra Finance for Area Business Manager

Auto Loans auto finance Sales Team Handling Commercial Vehicle Loans Dealer Sales NBFC Sales Management Team Management Tractor Loan Business Development Commercial Vehicle Relationship Building Team Handling Analytical skills

Salary related reviews for Mahindra Finance

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

Area Business Manager in Lucknow

Full Time

Sales & Business Development Department

3.0

• posted on 27 Jan 2024

4.0

for Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

Salary - Good

+1 more

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

Skill development - Poor

+3 more

Area Business Manager in Pondicherry / Puducherry

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

The company is good company where you can learn about business and collection. Employees are friendly and you will get good salary and hike. Only problem is work life balance which you can't handle well when you work in MMFSL

Salary - Excellent

+5 more

Dislikes

Work life balance

Work-life balance - Poor

Area Business Manager in Jaipur

Finance Department

4.0

• posted on 31 Jan 2018

4.0

for Salary and Benefits

Likes

At Mahindra job security is very good, compensation is satisfactory at Managerial Level

Salary - Good

+1 more

Dislikes

Company deal with rural customer segments so work place is not professional as banks, Growth path is not defined Training modules isn’t satisfactory,

Promotions - Poor

+1 more

see more salary related reviews

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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 Finance Area Business Manager Salary FAQs

What is the salary of Area Business Manager at Mahindra Finance in Indore?

The average salary of a Area Business Manager at Mahindra Finance in Indore typically ranges from ₹5.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Area Business Manager in Indore at Mahindra Finance earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. Area Business 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 Area Business Manager at Mahindra Finance in Indore?

The estimated take-home salary of a Area Business Manager at Mahindra Finance in Indore typically ranges from ₹63,310 to ₹64,920 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from 5 years to 12 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.

What are the key skills required to be a Area Business Manager at Mahindra Finance in Indore?

To be a Area Business Manager at Mahindra Finance in Indore, the key skills required include:

- Auto Loans
- auto finance
- Sales
- Team Handling
- Commercial Vehicle Loans

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

Which companies offer higher salaries than Mahindra Finance for Area Business Manager in India?

Samsung	₹15.7 Lakhs to ₹30.5 Lakhs per year
Abbott	₹6.6 Lakhs to ₹13.7 Lakhs per year
Escorts Kubota Limited	₹8.0 Lakhs to ₹12.6 Lakhs per year
Dr. Reddy's	₹6.2 Lakhs to ₹10.9 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 Area Business Manager in companies similar to Mahindra Finance in Indore?

The salary of a Area Business Manager at companies similar to Mahindra Finance in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

USV	₹6.4 Lakhs to ₹9.3 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 Area Business Manager at Mahindra Finance in Indore?

The salary growth for a Area Business Manager at Mahindra Finance in Indore depends on factors such as experience, performance, and promotions. On average, a Area Business Manager in Indore can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹10.1 Lakhs per year
6 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
7 years	₹5.3 Lakhs to ₹12.5 Lakhs per year
8 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Mahindra Finance Area Business Manager Salaries in Indore

Mahindra Finance Area Business Manager salary in Indore ranges between ₹5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Mahindra Finance latest salaries received from various employees of Mahindra Finance.