Mahindra Finance Area Manager Salaries by 90+ Employees (Updated 2025)

4 - 19 years exp.

₹3.1 Lakhs - ₹12.5 Lakhs

Salary of majority employees

20% less than the average Area Manager Salary in NBFC Companies for 4 - 19 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 4 - 17 years exp. (33 salaries)	₹3.5 L/yr - ₹12 L/yr
BFSI, Investments & Trading Area Manager Salary 4 - 18 years exp. (21 salaries)	₹4 L/yr - ₹10 L/yr
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Finance & Accounting Area Manager Salary 4 - 19 years exp. (12 salaries)	₹2.8 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Area Manager Salary 8 - 13 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.3 L/yr
Marketing & Communication Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.4 L/yr

Last Updated: 1 Feb 2025

Companies similar to Mahindra Finance for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 18 years exp. (84 salaries)	₹4.7 L/yr - ₹19.7 L/yr 50% more
ICICI Bank Area Manager Salary 2 - 17 years exp. (92 salaries)	₹4.3 L/yr - ₹12 L/yr 14% more
Login to view exact salary
Axis Bank Area Manager Salary 5 - 16 years exp. (146 salaries)	₹4.5 L/yr - ₹14 L/yr 8% more
Bajaj Finance Area Manager Salary 5 - 16 years exp. (227 salaries)	₹5.2 L/yr - ₹15.5 L/yr 32% more	39 job openings
Tata Capital Area Manager Salary 7 - 16 years exp. (7 salaries)	₹3.7 L/yr - ₹11.9 L/yr 9% more	3 job openings
Muthoot Fincorp Area Manager Salary 7 - 20 years exp. (218 salaries)	₹3.2 L/yr - ₹10.1 L/yr 3% less
Manappuram Finance Area Manager Salary 3 - 9 years exp. (151 salaries)	₹2.7 L/yr - ₹6.6 L/yr 31% less
TVS Credit Area Manager Salary 8 - 18 years exp. (91 salaries)	₹7.2 L/yr - ₹21 L/yr 88% more
CreditAccess Grameen Area Manager Salary 7 - 20 years exp. (81 salaries)	₹3.3 L/yr - ₹9 L/yr 26% less	1 job opening
Cholamandalam Investment & Finance Area Manager Salary 7 - 20 years exp. (72 salaries)	₹5.1 L/yr - ₹16.5 L/yr 32% more
Muthoot Microfin Area Manager Salary 0 - 11 years exp. (65 salaries)	₹2.2 L/yr - ₹5.5 L/yr 45% less
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Aditya Birla Capital Area Manager Salary 1 - 10 years exp. (33 salaries)	₹5 L/yr - ₹12.5 L/yr 5% more
L&T Finance Area Manager Salary 5 - 12 years exp. (35 salaries)	₹4.9 L/yr - ₹14.8 L/yr 9% more
IIFL Finance Area Manager Salary 4 - 17 years exp. (33 salaries)	₹3.9 L/yr - ₹14.4 L/yr 7% more
Poonawalla Fincorp Area Manager Salary 5 - 13 years exp. (29 salaries)	₹2.7 L/yr - ₹9 L/yr 27% less
SK Finance Limited Area Manager Salary 8 - 18 years exp. (28 salaries)	₹5 L/yr - ₹12.8 L/yr 10% more
Edelweiss Area Manager Salary 7 - 20 years exp. (25 salaries)	₹7 L/yr - ₹14 L/yr 48% more
Bharat Financial Inclusion Area Manager Salary 1 - 11 years exp. (15 salaries)	₹3.3 L/yr - ₹11 L/yr 1% more
SMFG India Credit Area Manager Salary 7 - 18 years exp. (15 salaries)	₹7.5 L/yr - ₹16.9 L/yr 60% more
Capri Global Capital Area Manager Salary 7 - 18 years exp. (14 salaries)	₹6.5 L/yr - ₹11 L/yr 25% more

View all

Area Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹12.5 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 96 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Manager salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
4 years (5 salaries)	₹2.8 L/yr - ₹9 L/yr
5 years (10 salaries)	₹6.2 L/yr - ₹10 L/yr
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6 years (7 salaries)	₹3.5 L/yr - ₹10 L/yr
7 years (7 salaries)	₹2.5 L/yr - ₹8.8 L/yr
8 years (7 salaries)	₹3.5 L/yr - ₹9.2 L/yr
9 years (8 salaries)	₹3.5 L/yr - ₹9 L/yr
10 years (4 salaries)	₹5.5 L/yr - ₹9.6 L/yr
11 years (10 salaries)	₹3.5 L/yr - ₹9.5 L/yr
12 years (5 salaries)	₹4.8 L/yr - ₹9.1 L/yr
13 years (5 salaries)	₹6.4 L/yr - ₹10.5 L/yr
14 years (6 salaries)	₹5.3 L/yr - ₹11.5 L/yr
15+ years (22 salaries)	₹5.2 L/yr - ₹12.5 L/yr

View all

Similar Designation salaries in Mahindra Finance

Sales Manager Salary

(107 salaries)

₹2.35 L/yr - ₹8.2 L/yr

Branch Manager Salary

(163 salaries)

₹2.05 L/yr - ₹9.1 L/yr

Area Sales Manager Salary

(69 salaries)

₹4.2 L/yr - ₹15 L/yr

Cluster Manager Salary

(31 salaries)

₹6.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(322 salaries)

₹4 L/yr - ₹12 L/yr

Regional Manager Salary

(31 salaries)

₹7.33 L/yr - ₹30 L/yr

Marketing Manager Salary

(9 salaries)

₹12 L/yr - ₹17 L/yr

Business Manager Salary

(20 salaries)

₹2.5 L/yr - ₹10.75 L/yr

Territory Manager Salary

(12 salaries)

₹5 L/yr - ₹10.25 L/yr

Team Lead Salary

(36 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Top skills at Mahindra Finance for Area Manager

Team Handling Area Management Maintenance Customer Service

Salary related reviews for Mahindra Finance

3.7

Rated by 41 employees for salary & benefits

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Finance Area Manager Salary FAQs

What is the salary of Area Manager at Mahindra Finance?

Area Manager salary at Mahindra Finance in India ranges between ₹3.1 Lakhs to ₹12.5 Lakhs for experience between 4 years to 19 years. According to our estimates it is 20% less than the average Area Manager Salary in India. Salary estimates are based on 96 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Area Manager at Mahindra Finance is 20% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Manager at Mahindra Finance?

Team Handling, Area Management, Maintenance and Customer Service are some of the popular skills required to work as a Area Manager at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Area Manager in India?

Tata Capital Housing Finance Area Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
TVS Credit Area Manager Salary - ₹7.2 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Manager Salary - ₹7.5 Lakhs to ₹16.9 Lakhs per year
Reliance Capital Area Manager Salary - ₹7.0 Lakhs to ₹17.6 Lakhs per year
HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.7 Lakhs per year

What is the salary of a Area Manager in companies similar to Mahindra Finance in India?

Edelweiss Area Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Area Manager Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
Mahindra Rural Housing Finance Area Manager Salary - ₹9.3 Lakhs to ₹14.0 Lakhs per year
Bajaj Finance Area Manager Salary - ₹5.2 Lakhs to ₹15.5 Lakhs per year
Cholamandalam Investment & Finance Area Manager Salary - ₹5.1 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Area Manager at Mahindra Finance in India?

The estimated take-home salary of a Area Manager at Mahindra Finance ranges between ₹56,626 per month to ₹58,048 per month in India. The take-home salary calculation is based on the average Mahindra Finance Area Manager salary in India which ranges between ₹3.1 Lakhs to ₹12.5 Lakhs per year for employees with experience between 4 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at Mahindra Finance?

According to AmbitionBox, 79% of the Mahindra Finance Area Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 84 responses on AmbitionBox in last 2 years.

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Mahindra Finance Area Manager Salaries

Mahindra Finance Area Manager salary in India ranges between ₹3.1 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 96 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Area Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Area Manager

Latest annual salaries shared by Mahindra Finance Area Manager

Experience wise Mahindra Finance Area Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Area Manager

Salary related reviews for Mahindra Finance

Area Business Manager in Hyderabad / Secunderabad

Area Business Manager in Kanpur

Deputy Manager in Mumbai

Area Business Manager in Lucknow

Area Business Manager in Pondicherry / Puducherry

Mahindra Finance Area Manager Salary FAQs

Tell us how to improve this page.

Mahindra Finance Area Manager Salaries by Location