Mahindra Finance Business Development Executive Salaries by 100+ Employees (Updated 2024)

0 - 8 years exp.

₹1.5 Lakh - ₹6.5 Lakhs

Salary of majority employees

8% less than the average Business Development Executive Salary in NBFC Companies for 0 - 8 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)	₹2 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Business Development Executive Salary 0 - 7 years exp. (26 salaries)	₹1.8 L/yr - ₹4 L/yr
Marketing & Communication Business Development Executive Salary 0 - 6 years exp. (10 salaries)	₹2.2 L/yr - ₹5 L/yr
Customer Success, Service & Operations Business Development Executive Salary 0 - 6 years exp. (6 salaries)	₹2 L/yr - ₹4.3 L/yr

Last Updated: 3 Dec 2024

Companies similar to Mahindra Finance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Executive Salary 0 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr 25% less
HDFC Bank Business Development Executive Salary 0 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹4 L/yr 34% less
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Shriram Finance Business Development Executive Salary 0 - 3 years exp. (33 salaries)	₹1.7 L/yr - ₹3.5 L/yr 27% less
L&T Finance Business Development Executive Salary 0 - 5 years exp. (9 salaries)	₹1.7 L/yr - ₹3.1 L/yr 26% less
Cholamandalam Investment & Finance Business Development Executive Salary 2 - 7 years exp. (10 salaries)	₹1.9 L/yr - ₹4.2 L/yr 24% less
Muthoot Finance Business Development Executive Salary 0 - 4 years exp. (20 salaries)	₹1.5 L/yr - ₹3.2 L/yr 29% less
Reliance Capital Business Development Executive Salary 0 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹9 L/yr 18% more
Muthoot Fincorp Business Development Executive Salary 0 - 5 years exp. (81 salaries)	₹1.5 L/yr - ₹3 L/yr 40% less
LendingKart Business Development Executive Salary 2 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹4 L/yr 10% less
Sundaram Finance Business Development Executive Salary 0 - 4 years exp. (9 salaries)	₹1.7 L/yr - ₹7 L/yr 21% more
Mahindra Rural Housing Finance Business Development Executive Salary 0 - 5 years exp. (7 salaries)	₹1.6 L/yr - ₹4.5 L/yr 35% less
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IIFL Finance Business Development Executive Salary 0 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹4 L/yr 20% less
IDFC FIRST Bharat Business Development Executive Salary 2 - 6 years exp. (6 salaries)	₹2 L/yr - ₹3.2 L/yr 32% less
PNB Housing Finance Business Development Executive Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹2.7 L/yr 34% less
Poonawalla Fincorp Business Development Executive Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 11% less
Kotak Mahindra Prime Business Development Executive Salary 1 - 12 years exp. (3 salaries)	₹0.8 L/yr - ₹2.7 L/yr 45% less
TVS Credit Business Development Executive Salary 5 - 8 years exp. (3 salaries)	₹2.6 L/yr - ₹3.8 L/yr 22% less
Tata Capital Housing Finance Business Development Executive Salary 5 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹6.5 L/yr 43% more
CreditAccess Grameen Business Development Executive Salary 1 - 2 years exp. (3 salaries)	₹1.6 L/yr - ₹3.1 L/yr 32% 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 8 years. Salary estimates are based on 175 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Business Development Executive salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
Fresher (11 salaries)	₹2 L/yr - ₹4.3 L/yr
1 year (18 salaries)	₹1.5 L/yr - ₹3.3 L/yr
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2 years (25 salaries)	₹1.8 L/yr - ₹4.6 L/yr
3 years (38 salaries)	₹1.9 L/yr - ₹4.2 L/yr
4 years (29 salaries)	₹1.8 L/yr - ₹4.6 L/yr
5 years (23 salaries)	₹2 L/yr - ₹6.5 L/yr
6 years (20 salaries)	₹2 L/yr - ₹5 L/yr
7 years (8 salaries)	₹2 L/yr - ₹5.5 L/yr
8 years (3 salaries)	₹1.7 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Mahindra Finance

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Business Development Associate Salary

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Area Sales Executive Salary

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Senior Sales Executive Salary

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Sales Executive Salary

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Marketing Executive Salary

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Salary related reviews for Mahindra Finance

3.9

Rated by 46 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.

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...

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.

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.

Dislikes

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

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

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹1.5 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 8% less than the average Business Development Executive Salary in India. Salary estimates are based on 175 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 - ₹1.7 Lakhs to ₹7.0 Lakhs per year
Reliance Capital Business Development Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Business Development Executive in companies similar to Mahindra Finance in India?

LendingKart Business Development Executive Salary - ₹1.6 Lakhs to ₹4.0 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 ₹4.0 Lakhs per year
TVS Credit Business Development Executive Salary - ₹2.6 Lakhs to ₹3.8 Lakhs per year
Cholamandalam Investment & Finance Business Development Executive Salary - ₹1.9 Lakhs to ₹4.2 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 ₹26,143 per month to ₹27,564 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 ₹1.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Mahindra Finance?

According to AmbitionBox, 48% of the Mahindra Finance Business Development Executives reported a notice period of 3 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 91 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 ₹1.5 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 175 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Business Development Executive salaries in India

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

Tell us how to improve this page.

Mahindra Finance Business Development Executive Salaries by Location