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Mahindra Finance

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4.1

based on 4.5k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra Finance Business Development Executive salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹1.8 Lakh - ₹5.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Business Development Executive Salary in NBFC Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Business Development Executive Salary
4 - 10 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
6 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.5 L/yr

Last Updated: 2 Jan 2024

Companies similar to Mahindra Finance for Business Development Executive in Mumbai

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Mahindra Finance Business Development Executive Salary

2 - 10 years exp. (5 salaries)
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₹1.8 L/yr - ₹5.4 L/yr

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Company name Avg Annual Salary Open Jobs
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HDB Financial Services Business Development Executive Salary

0 - 7 years exp. (31 salaries)
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₹1.5 L/yr - ₹3.9 L/yr

arrow icon 36% less
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LendingKart Business Development Executive Salary

4 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹4 L/yr

arrow icon 5% less
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Muthoot Finance Business Development Executive Salary

3 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

arrow icon 35% less
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BYJU'S Business Development Executive Salary

0 - 8 years exp. (187 salaries)
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₹2.4 L/yr - ₹8.2 L/yr

arrow icon 15% more
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Motilal Oswal Financial Services Business Development Executive Salary

0 - 4 years exp. (137 salaries)
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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 13% less
Business Development Executive salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹5.4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Business Development Executive in Mumbai

1y ago
₹1.8 Lakh
2 years exp.
1y ago
₹2.5 Lakhs
6 years exp.
1y ago
₹4.5 Lakhs
10 years exp.
1y ago
₹5.4 Lakhs
3 years exp.

Experience wise Mahindra Finance Business Development Executive salaries in Mumbai

Last Updated: 2 Jan 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Mahindra Finance

Business Analyst Salary
(11 salaries)
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₹6.66 L/yr - ₹11.5 L/yr
Sales Executive Salary
(6 salaries)
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₹2 L/yr - ₹3.33 L/yr
Business Development Manager Salary
(5 salaries)
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₹8.5 L/yr - ₹13 L/yr
Marketing Executive Salary
(4 salaries)
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₹3.1 L/yr - ₹5.2 L/yr

Salary related reviews for Mahindra Finance

4.0

Rated by 1 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.

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

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

read more
  • 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.

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

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.

read more
  • 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

read more
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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#2 Best Large Financial Services Company - 2022

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#1 Best Large Company - 2021

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Mahindra Finance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Mahindra Finance in Mumbai?
The average salary of a Business Development Executive at Mahindra Finance in Mumbai typically ranges from ₹1.8 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Development Executive in Mumbai at Mahindra Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 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 5 Mahindra Finance employees in India.
What is the estimated take home salary of a Business Development Executive at Mahindra Finance in Mumbai?
The estimated take-home salary of a Business Development Executive at Mahindra Finance in Mumbai typically ranges from ₹27,575 to ₹28,975 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years 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 5 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?
BYJU'S ₹2.4 Lakhs to ₹8.2 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 Mumbai?
The salary of a Business Development Executive at companies similar to Mahindra Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LendingKart ₹3.5 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal Financial Services ₹1.5 Lakhs to ₹4.3 Lakhs per year
Muthoot Finance ₹2.0 Lakhs to ₹2.5 Lakhs per year
HDB Financial Services ₹1.5 Lakhs to ₹3.9 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 Mumbai?
The salary growth for a Business Development Executive at Mahindra Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Executive in Mumbai can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Business Development Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.