Mahindra Finance Kolkata Area Manager Salaries by 5 Employees

4 - 11 years exp.

₹4 Lakhs - ₹9 Lakhs

Salary of majority employees

26% less than the average Area Manager Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 4 - 11 years exp. (3 salaries)	₹6.9 L/yr - ₹8.8 L/yr
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BFSI, Investments & Trading Area Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr

Last Updated: 12 Aug 2024

Companies similar to Mahindra Finance for Area Manager in Kolkata

Mahindra Finance Area Manager Salary

4 - 11 years exp. (5 salaries)

₹4 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Area Manager Salary 5 - 9 years exp. (10 salaries)	₹3.5 L/yr - ₹5.9 L/yr 31% less
Bajaj Finance Area Manager Salary 5 - 16 years exp. (9 salaries)	₹5.8 L/yr - ₹13 L/yr 30% more	233 job openings
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Muthoot Fincorp Area Manager Salary 10 - 18 years exp. (8 salaries)	₹6.2 L/yr - ₹9 L/yr 2% less
CreditAccess Grameen Area Manager Salary 10 - 15 years exp. (8 salaries)	₹4.8 L/yr - ₹7 L/yr 14% less	1 job opening
TVS Credit Area Manager Salary 12 - 15 years exp. (7 salaries)	₹11 L/yr - ₹18.7 L/yr 117% more
HDB Financial Services Area Manager Salary 7 - 16 years exp. (5 salaries)	₹7.5 L/yr - ₹12.1 L/yr 37% more	6 job openings
Asirvad Microfinance Area Manager Salary 4 - 10 years exp. (3 salaries)	₹3.6 L/yr - ₹5.3 L/yr 36% less
Muthoot Microfin Area Manager Salary 5 - 9 years exp. (3 salaries)	₹2.2 L/yr - ₹4.6 L/yr 45% less

Area Manager salary at Mahindra Finance ranges between ₹4 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Manager salaries in Kolkata

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(13 salaries)

₹4.4 L/yr - ₹10 L/yr

Branch Manager Salary

(5 salaries)

₹4.76 L/yr - ₹6 L/yr

Top skills at Mahindra Finance for Area Manager

Team Handling Area Management Maintenance Customer Service

Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Area Manager Salary FAQs

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

The average salary of a Area Manager at Mahindra Finance in Kolkata typically ranges from ₹4.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Area Manager in Kolkata at Mahindra Finance earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Area 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 5 Mahindra Finance employees in India.

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

The estimated take-home salary of a Area Manager at Mahindra Finance in Kolkata typically ranges from ₹56,658 to ₹58,080 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 5 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 Manager at Mahindra Finance in Kolkata?

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

- Team Handling
- Area Management
- Maintenance
- Customer Service

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 Manager in India?

TVS Credit	₹11.0 Lakhs to ₹18.7 Lakhs per year
HDB Financial Services	₹7.5 Lakhs to ₹12.1 Lakhs per year
Bajaj Finance	₹5.8 Lakhs to ₹13.0 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 Manager in companies similar to Mahindra Finance in Kolkata?

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

Muthoot Fincorp	₹6.2 Lakhs to ₹9.0 Lakhs per year
CreditAccess Grameen	₹4.8 Lakhs to ₹7.0 Lakhs per year
Manappuram Finance	₹3.5 Lakhs to ₹5.9 Lakhs per year
Asirvad Microfinance	₹3.6 Lakhs to ₹5.3 Lakhs per year
Muthoot Microfin	₹2.2 Lakhs to ₹4.6 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 Area Manager at Mahindra Finance in Kolkata?

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

Experience	Average Salary Range
4 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
5 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
6 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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Mahindra Finance Area Manager Salaries in Kolkata

Mahindra Finance Area Manager salary in Kolkata ranges between ₹4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.