Mahindra Finance Business Manager Salaries by 20+ Employees (Updated 2025)

3 - 10 years exp.

₹2.5 Lakhs - ₹10.8 Lakhs

Salary of majority employees

47% less than the average Business Manager Salary in NBFC Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Manager Salary 6 - 10 years exp. (4 salaries)	₹4.3 L/yr - ₹7.2 L/yr
Sales & Business Development Business Manager Salary 7 - 9 years exp. (4 salaries)	₹7 L/yr - ₹11.8 L/yr
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Customer Success, Service & Operations Business Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5.7 L/yr
Finance & Accounting Business Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.7 L/yr
Marketing & Communication Business Manager Salary 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.9 L/yr

Last Updated: 17 Feb 2025

Companies similar to Mahindra Finance for Business Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 51% more
Shriram Finance Business Manager Salary 6 - 13 years exp. (33 salaries)	₹3 L/yr - ₹9 L/yr 13% less
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L&T Finance Business Manager Salary 2 - 10 years exp. (251 salaries)	₹3.8 L/yr - ₹9.1 L/yr 11% more
Cholamandalam Investment & Finance Business Manager Salary 5 - 12 years exp. (4 salaries)	₹5 L/yr - ₹10.2 L/yr 4% more
Reliance Capital Business Manager Salary 1 - 7 years exp. (6 salaries)	₹5.3 L/yr - ₹13 L/yr 44% more
Edelweiss Business Manager Salary 2 - 10 years exp. (8 salaries)	₹4.2 L/yr - ₹8.5 L/yr 21% more
Sammaan Capital Limited Business Manager Salary 0 - 9 years exp. (3 salaries)	₹2.6 L/yr - ₹6 L/yr 36% less
Aavas Financiers Business Manager Salary 3 - 11 years exp. (231 salaries)	₹2.5 L/yr - ₹7.9 L/yr 3% less	2 job openings
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 10% more
Bharat Financial Inclusion Business Manager Salary 0 - 24 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 57% less
SMFG India Credit Business Manager Salary 1 - 8 years exp. (4 salaries)	₹6 L/yr - ₹26.2 L/yr 179% more
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Muthoot Fincorp Business Manager Salary 6 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8 L/yr 2% less
TVS Credit Business Manager Salary 10 - 14 years exp. (3 salaries)	₹3 L/yr - ₹5.8 L/yr 23% less

Business Manager salary at Mahindra Finance ranges between ₹2.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 20 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Business Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
4 years (3 salaries)	₹3.5 L/yr - ₹10.1 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹10.3 L/yr
6 years (4 salaries)	₹2.5 L/yr - ₹7.2 L/yr
7 years (3 salaries)	₹4.3 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹10.8 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
10 years (3 salaries)	₹6 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in Mahindra Finance

Area Business Manager Salary

(396 salaries)

₹3.8 L/yr - ₹15 L/yr

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(163 salaries)

₹2.05 L/yr - ₹9.1 L/yr

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Regional Manager Salary

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₹7.02 L/yr - ₹30 L/yr

Store Manager Salary

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₹5 L/yr - ₹26.5 L/yr

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₹3.08 L/yr - ₹12.5 L/yr

Deputy Manager Salary

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₹4.04 L/yr - ₹11.5 L/yr

Territory Manager Salary

(12 salaries)

₹5 L/yr - ₹10.25 L/yr

Area Sales Manager Salary

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Marketing Manager Salary

(9 salaries)

₹12 L/yr - ₹17 L/yr

Top skills at Mahindra Finance for Business Manager

Working Capital Mortgage Loans term loan Interpersonal Skills Credit Assessment Market Research Malayalam SME Sales Loans mortgage NBFC Salesforce Bengali CCTV Monitoring Enterprise

Salary related reviews for Mahindra Finance

3.3

Rated by 6 employees for salary & benefits

Business Manager in Hazaribag

Other Department

4.0

• posted on 31 Oct 2019

3.0

for Salary and Benefits

Likes

As a finance service provider MMSFL is the best in market. "Jo Bolta hai Wo karta hai".

Skill development - Good

+3 more

Dislikes

...son. 😊😊 No hard feeling but I believe "Jo Hota hai Achhe k lia hi Hota" Now my salary has increased where I am working and I am happy.😊 Thank you MMFSL for giving me all the knowledge about as finance service provider. 🙏

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Promotions - Good

+1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

Salary - Poor

+2 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Area Business Manager in Lucknow

Full Time

Sales & Business Development Department

3.0

• posted on 27 Jan 2024

4.0

for Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

Salary - Good

+1 more

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Mahindra Finance Business Manager Salary FAQs

What is the salary of Business Manager at Mahindra Finance?

Business Manager salary at Mahindra Finance in India ranges between ₹2.5 Lakhs to ₹10.8 Lakhs for experience between 3 years to 10 years. According to our estimates it is 47% less than the average Business Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Business Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Business Manager at Mahindra Finance is 47% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at Mahindra Finance?

Working Capital, Mortgage Loans, term loan, Interpersonal Skills and Credit Assessment are some of the popular skills required to work as a Business Manager at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Business Manager in India?

SMFG India Credit Business Manager Salary - ₹6.0 Lakhs to ₹26.2 Lakhs per year
HDFC Bank Business Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
Reliance Capital Business Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
Edelweiss Business Manager Salary - ₹4.2 Lakhs to ₹8.5 Lakhs per year
L&T Finance Business Manager Salary - ₹3.8 Lakhs to ₹9.1 Lakhs per year

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

IIFL Finance Business Manager Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year
Cholamandalam Investment & Finance Business Manager Salary - ₹5.0 Lakhs to ₹10.2 Lakhs per year
Muthoot Fincorp Business Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers Business Manager Salary - ₹2.5 Lakhs to ₹7.9 Lakhs per year
Shriram Finance Business Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Business Manager at Mahindra Finance in India?

The estimated take-home salary of a Business Manager at Mahindra Finance ranges between ₹44,577 per month to ₹45,674 per month in India. The take-home salary calculation is based on the average Mahindra Finance Business Manager salary in India which ranges between ₹2.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Mahindra Finance?

According to AmbitionBox, 77% of the Mahindra Finance Business Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Mahindra Finance Business Manager Salaries

Mahindra Finance Business Manager salary in India ranges between ₹2.5 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Mahindra Finance latest salaries received from various employees of Mahindra Finance.