Mahindra Finance Business Development Executive Salaries by 100+ Employees (Updated 2025)

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)	Unlock ₹1.9 L/yr - ₹5.5 L/yr
Sales & Business Development Business Development Executive Salary 0 - 8 years exp. (41 salaries)	Unlock ₹2 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Business Development Executive Salary 1 - 10 years exp. (23 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Business Development Executive Salary 0 - 10 years exp. (10 salaries)	Unlock ₹1.6 L/yr - ₹4.5 L/yr
Marketing & Communication Business Development Executive Salary 0 - 6 years exp. (9 salaries)	Unlock ₹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
Bajaj Finance Business Development Executive Salary 0 - 4 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹2.7 L/yr 25% less
HDFC Bank Business Development Executive Salary 0 - 5 years exp. (214 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 34% less
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Shriram Finance Business Development Executive Salary 0 - 3 years exp. (43 salaries)	Unlock ₹1.7 L/yr - ₹3.5 L/yr 25% less
L&T Finance Business Development Executive Salary 0 - 5 years exp. (9 salaries)	Unlock ₹1.7 L/yr - ₹3.1 L/yr 27% less
Cholamandalam Investment & Finance Business Development Executive Salary 2 - 7 years exp. (11 salaries)	Unlock ₹1.9 L/yr - ₹4.2 L/yr 21% less
Muthoot Finance Business Development Executive Salary 0 - 4 years exp. (21 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 32% less
Reliance Capital Business Development Executive Salary 0 - 9 years exp. (4 salaries)	Unlock ₹1.2 L/yr - ₹9 L/yr 18% more
Muthoot Fincorp Business Development Executive Salary 0 - 5 years exp. (89 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr 39% less	2 job openings
LendingKart Business Development Executive Salary 2 - 7 years exp. (12 salaries)	Unlock ₹1.6 L/yr - ₹4 L/yr 10% less
Sundaram Finance Business Development Executive Salary 0 - 7 years exp. (11 salaries)	Unlock ₹3 L/yr - ₹7 L/yr 28% more
Mahindra Rural Housing Finance Business Development Executive Salary 0 - 5 years exp. (7 salaries)	Unlock ₹1.6 L/yr - ₹4.5 L/yr 35% less
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IIFL Finance Business Development Executive Salary 0 - 6 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 13% less
PNB Housing Finance Business Development Executive Salary 1 - 3 years exp. (5 salaries)	Unlock ₹2.1 L/yr - ₹2.7 L/yr 34% less
Bharat Financial Inclusion Business Development Executive Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹4 L/yr 6% less
TVS Credit Business Development Executive Salary 5 - 9 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹3.8 L/yr 11% less
Tata Capital Housing Finance Business Development Executive Salary 5 - 14 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹6.5 L/yr 28% more
Poonawalla Fincorp Business Development Executive Salary 2 - 7 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 12% less
Kotak Mahindra Prime Business Development Executive Salary 1 - 12 years exp. (3 salaries)	Unlock ₹0.8 L/yr - ₹2.7 L/yr 45% less
Electronica Finance Business Development Executive Salary 0 - 1 year exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹6 L/yr 7% more
CreditAccess Grameen Business Development Executive Salary 1 - 2 years exp. (3 salaries)	Unlock ₹1.6 L/yr - ₹3.1 L/yr 32% less

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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6 years exp.

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3 years exp.

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4 years exp.

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6 years exp.

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6 years exp.

Experience wise Mahindra Finance Business Development Executive salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	Unlock ₹1.8 L/yr - ₹4.3 L/yr
1 year (18 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr
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2 years (22 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr
3 years (39 salaries)	Unlock ₹1.9 L/yr - ₹5.4 L/yr
4 years (27 salaries)	Unlock ₹1.9 L/yr - ₹4.6 L/yr
5 years (24 salaries)	Unlock ₹2 L/yr - ₹6.5 L/yr
6 years (20 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
7 years (8 salaries)	Unlock ₹2.8 L/yr - ₹5.5 L/yr
8 years (4 salaries)	Unlock ₹1.6 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹4.5 L/yr

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Senior Business Development Executive Salary

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Business Development Officer Salary

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Business Development Associate Salary

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Senior Sales Executive Salary

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₹2.15 L/yr - ₹11.5 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 50 employees for salary & benefits

Business Development Executive in Nagaon

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.

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...

Salary - Poor

+1 more

Relationship Manager in Chandigarh

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.

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.

Salary - Bad

+6 more

Business Executive in Koderma

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.

Company culture - Poor

Business Executive in Visakhapatnam

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

Sales Executive in Derabassi

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.

Salary - Excellent

+5 more

Dislikes

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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... 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 Salaries

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

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

Companies similar to Mahindra Finance for Business Development Executive

Latest annual salaries shared by Mahindra Finance Business Development Executive

Experience wise Mahindra Finance Business Development Executive salaries

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Business Development Executive in Nagaon

Relationship Manager in Chandigarh

Business Executive in Koderma

Business Executive in Visakhapatnam

Sales Executive in Derabassi

Mahindra Finance Business Development Executive Salary FAQs

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Mahindra Finance Business Development Executive Salaries by Location