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Mahindra Finance Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹1.6 Lakh - ₹6.5 Lakhs
Salary of majority employees
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8% less than the average Business Development Executive Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Business Development Executive Salary
0 - 8 years exp. (50 salaries)
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₹1.9 L/yr - ₹5.5 L/yr

Sales & Business Development
Business Development Executive Salary
0 - 8 years exp. (41 salaries)
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₹2 L/yr - ₹5.1 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
1 - 10 years exp. (23 salaries)
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₹2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
0 - 10 years exp. (10 salaries)
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₹1.6 L/yr - ₹4.5 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 6 years exp. (9 salaries)
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₹1.8 L/yr - ₹5 L/yr

Last Updated: 16 Feb 2025

Companies similar to Mahindra Finance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹2.7 L/yr

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HDFC Bank Business Development Executive Salary

0 - 5 years exp. (214 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 34% less
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 27% less
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₹1.9 L/yr - ₹4.2 L/yr

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₹1.5 L/yr - ₹3.2 L/yr

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₹1.2 L/yr - ₹9 L/yr

arrow icon 18% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 39% less
2 job openings
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₹1.6 L/yr - ₹4 L/yr

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₹3 L/yr - ₹7 L/yr

arrow icon 28% more
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₹1.6 L/yr - ₹4.5 L/yr

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₹2.5 L/yr - ₹5 L/yr

arrow icon 13% less
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₹2.1 L/yr - ₹2.7 L/yr

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₹2.3 L/yr - ₹4 L/yr

arrow icon 6% less
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₹2.9 L/yr - ₹3.8 L/yr

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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 28% more
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₹3 L/yr - ₹3.5 L/yr

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₹0.8 L/yr - ₹2.7 L/yr

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₹2.5 L/yr - ₹6 L/yr

arrow icon 7% more
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₹1.6 L/yr - ₹3.1 L/yr

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Business Development Executive salary at Mahindra Finance ranges between ₹1.6 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 173 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Business Development Executive

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Experience wise Mahindra Finance Business Development Executive salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹1.8 L/yr - ₹4.3 L/yr
1 year  (18 salaries)

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₹1.6 L/yr - ₹3.5 L/yr
2 years  (22 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
3 years  (39 salaries)

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₹1.9 L/yr - ₹5.4 L/yr
4 years  (27 salaries)

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₹1.9 L/yr - ₹4.6 L/yr
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Similar Designation salaries in Mahindra Finance

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₹2.6 L/yr - ₹4.7 L/yr
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₹2.5 L/yr - ₹3 L/yr
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₹2.09 L/yr - ₹3.5 L/yr
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₹2.3 L/yr - ₹9.67 L/yr
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₹1.2 L/yr - ₹5 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr
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₹2.1 L/yr - ₹5.2 L/yr
Sales Executive Salary
(229 salaries)
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₹1.3 L/yr - ₹4.8 L/yr
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₹2.25 L/yr - ₹5.2 L/yr
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₹2.15 L/yr - ₹11.5 L/yr
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Salary related reviews for Mahindra Finance

4.0

Rated by 50 employees for salary & benefits

Research & Development Department

3.0
  •  posted on 22 Oct 2021

2.0
 for  Salary and Benefits

Likes

Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

read more
  • Skill development - Good

Dislikes

There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 31 Jul 2020

1.0
 for  Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

read more

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

read more
  • Salary - Bad
  • +6 more

Other Department

3.0
  •  posted on 07 May 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive, company policies are good.Overall good experience.

  • Salary - Good
  • +3 more

Dislikes

There is a lot of policies and the management does not address our issues. Salary is decent but career growth is slow.

read more
  • Company culture - Poor

Lmv - car loans department Department

4.0
  •  posted on 16 Mar 2022

4.0
 for  Salary and Benefits

Likes

Good experience with Mahindra finance every one shoud face it ...good increments for every year

  • Salary - Good
  • +5 more

Dislikes

Such good place to work good competition between BE to BE and in time salary deposits ...such a nice company

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Finance & Accounting Department

5.0
  •  posted on 19 Feb 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more
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Mahindra Finance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Mahindra Finance?
Business Development Executive salary at Mahindra Finance in India ranges between ₹1.6 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 8% less than the average Business Development Executive Salary in India. Salary estimates are based on 173 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Business Development Executive at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Business Development Executive at Mahindra Finance is 8% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a Business Development Executive in India?
  • Tata Capital Housing Finance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
  • Sundaram Finance Business Development Executive Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Reliance Capital Business Development Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
  • Electronica Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Mahindra Finance in India?
  • Bharat Financial Inclusion Business Development Executive Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
  • LendingKart Business Development Executive Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
  • TVS Credit Business Development Executive Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
  • Poonawalla Fincorp Business Development Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
  • IIFL Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Mahindra Finance in India?
The estimated take-home salary of a Business Development Executive at Mahindra Finance ranges between ₹26,239 per month to ₹27,660 per month in India. The take-home salary calculation is based on the average Mahindra Finance Business Development Executive salary in India which ranges between ₹1.6 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at Mahindra Finance?
According to AmbitionBox, 52% of the Mahindra Finance Business Development Executives reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 95 responses on AmbitionBox in last 2 years.

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Mahindra Finance Business Development Executive salary in India ranges between ₹1.6 Lakh to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 173 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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