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

0 - 10 years exp.

₹1.5 Lakh - ₹6.5 Lakhs

Salary of majority employees

11% 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)	₹1.9 L/yr - ₹5.5 L/yr
Sales & Business Development Business Development Executive Salary 0 - 8 years exp. (41 salaries)	₹1.5 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Business Development Executive Salary 1 - 10 years exp. (20 salaries)	₹1.8 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Business Development Executive Salary 0 - 10 years exp. (9 salaries)	₹1.6 L/yr - ₹4.5 L/yr
Marketing & Communication Business Development Executive Salary 0 - 6 years exp. (9 salaries)	₹1.8 L/yr - ₹5 L/yr

Last Updated: 8 Mar 2025

Companies similar to Mahindra Finance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Business Development Executive Salary 0 - 7 years exp. (253 salaries)	₹1 L/yr - ₹3.9 L/yr 34% less
Muthoot Fincorp Business Development Executive Salary 0 - 6 years exp. (95 salaries)	₹1.5 L/yr - ₹3 L/yr 35% less	1 job opening
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Shriram Finance Business Development Executive Salary 0 - 3 years exp. (46 salaries)	₹1.7 L/yr - ₹3.5 L/yr 23% less
Muthoot Finance Business Development Executive Salary 0 - 6 years exp. (26 salaries)	₹1.5 L/yr - ₹3.2 L/yr 30% less
LendingKart Business Development Executive Salary 2 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹4 L/yr 7% less
Sundaram Finance Business Development Executive Salary 0 - 7 years exp. (11 salaries)	₹3 L/yr - ₹7 L/yr 37% more
L&T Finance Business Development Executive Salary 0 - 5 years exp. (9 salaries)	₹1.7 L/yr - ₹3.1 L/yr 25% less
IIFL Finance Business Development Executive Salary 0 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 10% less
PNB Housing Finance Business Development Executive Salary 1 - 3 years exp. (5 salaries)	₹2.1 L/yr - ₹2.7 L/yr 32% less
Bajaj Finance Business Development Executive Salary 0 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.7 L/yr 23% less
Bharat Financial Inclusion Business Development Executive Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 3% less
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TVS Credit Business Development Executive Salary 5 - 9 years exp. (4 salaries)	₹2.9 L/yr - ₹3.8 L/yr 9% less
Tata Capital Housing Finance Business Development Executive Salary 5 - 14 years exp. (4 salaries)	₹2.4 L/yr - ₹6.5 L/yr 32% more
Five-Star Business Finance Business Development Executive Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹11 L/yr 39% more
Poonawalla Fincorp Business Development Executive Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 9% less
Kotak Mahindra Prime Business Development Executive Salary 1 - 12 years exp. (3 salaries)	₹0.8 L/yr - ₹2.7 L/yr 44% less
CreditAccess Grameen Business Development Executive Salary 1 - 2 years exp. (3 salaries)	₹1.6 L/yr - ₹3.1 L/yr 30% less
SMFG India Credit Business Development Executive Salary 3 - 10 years exp. (3 salaries)	₹2.2 L/yr - ₹3.3 L/yr 23% less

Business Development Executive salary at Mahindra Finance ranges between ₹1.5 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 169 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Business Development Executive salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (10 salaries)	₹1.8 L/yr - ₹4.3 L/yr
1 year (16 salaries)	₹1.6 L/yr - ₹3.3 L/yr
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2 years (23 salaries)	₹1.5 L/yr - ₹3.5 L/yr
3 years (36 salaries)	₹1.9 L/yr - ₹5.4 L/yr
4 years (26 salaries)	₹1.8 L/yr - ₹4.6 L/yr
5 years (24 salaries)	₹2 L/yr - ₹6.5 L/yr
6 years (19 salaries)	₹2 L/yr - ₹5 L/yr
7 years (8 salaries)	₹2.8 L/yr - ₹5.5 L/yr
8 years (4 salaries)	₹1.6 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Mahindra Finance

Senior Business Development Executive Salary

(13 salaries)

₹2.6 L/yr - ₹4.7 L/yr

Business Development Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3 L/yr

Business Development Associate Salary

(5 salaries)

₹2.09 L/yr - ₹3.5 L/yr

Business Development Manager Salary

(21 salaries)

₹2.3 L/yr - ₹10.17 L/yr

Business Executive Salary

(326 salaries)

₹1.2 L/yr - ₹5 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Senior Sales Executive Salary

(71 salaries)

₹2.1 L/yr - ₹5.45 L/yr

Sales Executive Salary

(232 salaries)

₹1.3 L/yr - ₹4.8 L/yr

Marketing Executive Salary

(13 salaries)

₹2.25 L/yr - ₹5.2 L/yr

Business Analyst Salary

(13 salaries)

₹2.8 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

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

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

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Shifting from Bangalore to Hyderabad

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Mahindra Finance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Mahindra Finance ?

The average salary of a Business Development Executive at Mahindra Finance in India typically ranges from ₹1.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Business Development Executive at Mahindra Finance earn more than ₹4.4 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Business Development Executive 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 100+ Mahindra Finance employees in India.

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 in India typically ranges from ₹25,400 to ₹26,833 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 10 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 100+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Business Development Executive in India?

Five-Star Business Finance	₹2.6 Lakhs to ₹11.0 Lakhs per year
Sundaram Finance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata Capital Housing Finance	₹2.4 Lakhs to ₹6.5 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 Business Development Executive in companies similar to Mahindra Finance in India?

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

Bharat Financial Inclusion	₹2.3 Lakhs to ₹4.0 Lakhs per year
LendingKart	₹1.6 Lakhs to ₹4.0 Lakhs per year
TVS Credit	₹2.9 Lakhs to ₹3.8 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹3.5 Lakhs per year
IIFL Finance	₹2.5 Lakhs to ₹5.0 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 Business Development Executive at Mahindra Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.3 Lakhs per year
1 year	₹1.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.5 Lakhs per year
3 years	₹1.9 Lakhs to ₹5.4 Lakhs per year

and so on.

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Mahindra Finance Business Development Executive Salaries

Mahindra Finance Business Development Executive salary in India ranges between ₹1.5 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 169 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

Sales Executive in Salem

Relationship Manager in Chandigarh

Business Executive in Koderma

Business Executive in Visakhapatnam

Mahindra Finance Business Development Executive Salary FAQs

Tell us how to improve this page.

Mahindra Finance Business Development Executive Salaries by Location