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

0 - 5 years exp.

₹1.8 Lakh - ₹3.3 Lakhs

Salary of majority employees

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33% less than the average Business Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Business Officer Salary 1 - 5 years exp. (14 salaries)	Unlock ₹1.9 L/yr - ₹3.3 L/yr
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Sales & Business Development Business Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.3 L/yr

Last Updated: 11 Feb 2025

Companies similar to Mahindra Finance for Business Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Officer Salary 0 - 1 year exp. (3 salaries)	Unlock ₹1.4 L/yr - ₹2 L/yr 29% less
HDFC Bank Business Officer Salary 0 - 5 years exp. (6 salaries)	Unlock ₹1 L/yr - ₹3 L/yr 15% less
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L&T Finance Business Officer Salary 2 - 6 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹5.2 L/yr 42% more
Bharat Financial Inclusion Business Officer Salary 4 - 6 years exp. (3 salaries)	Unlock ₹1.9 L/yr - ₹2.4 L/yr 16% less
HDB Financial Services Business Officer Salary 1 - 8 years exp. (3 salaries)	Unlock ₹1.7 L/yr - ₹2.4 L/yr 15% less

Business Officer salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 26 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Business Officer

3d ago

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5 years exp.

3w ago

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3 years exp.

3w ago

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1 year exp.

1mo ago

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3 years exp.

4mo ago

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3 years exp.

5mo ago

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4 years exp.

6mo ago

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2 years exp.

8mo ago

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3 years exp.

8mo ago

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1 year exp.

8mo ago

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2 years exp.

Experience wise Mahindra Finance Business Officer salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	Unlock ₹2.4 L/yr - ₹3 L/yr
1 year (5 salaries)	Unlock ₹2 L/yr - ₹3.3 L/yr
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2 years (4 salaries)	Unlock ₹2.3 L/yr - ₹3.3 L/yr
3 years (6 salaries)	Unlock ₹1.8 L/yr - ₹3.3 L/yr
4 years (4 salaries)	Unlock ₹1.9 L/yr - ₹4.5 L/yr
5 years (4 salaries)	Unlock ₹1.9 L/yr - ₹4.4 L/yr

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Similar Designation salaries in Mahindra Finance

Business Manager Salary

(21 salaries)

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₹2.5 L/yr - ₹10.18 L/yr

Sales Officer Salary

(54 salaries)

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₹1.65 L/yr - ₹4.56 L/yr

Business Executive Salary

(328 salaries)

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₹1.2 L/yr - ₹5 L/yr

Field Sales Officer Salary

(AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Area Business Manager Salary

(301 salaries)

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₹4 L/yr - ₹14.2 L/yr

Sales Manager Salary

(107 salaries)

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₹2.35 L/yr - ₹8.2 L/yr

Regional Manager Salary

(27 salaries)

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₹7.02 L/yr - ₹30 L/yr

Area Manager Salary

(98 salaries)

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₹3.5 L/yr - ₹14 L/yr

Therapy Manager Salary

(AmbitionBox Estimate)

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₹0.1 L/yr - ₹0.1 L/yr

Territory Manager Salary

(12 salaries)

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₹5 L/yr - ₹10.25 L/yr

Top skills at Mahindra Finance for Business Officer

Sales

Salary related reviews for Mahindra Finance

4.3

Rated by 6 employees for salary & benefits

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

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

Area Business Manager in Pondicherry / Puducherry

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

The company is good company where you can learn about business and collection. Employees are friendly and you will get good salary and hike. Only problem is work life balance which you can't handle well when you work in MMFSL

Salary - Excellent

+5 more

Dislikes

Work life balance

Work-life balance - Poor

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

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Salary Discussions, Hike & Promotions

2w (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... read more

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Mahindra Finance Business Officer Salary FAQs

What is the salary of Business Officer at Mahindra Finance?

Business Officer salary at Mahindra Finance in India ranges between ₹1.8 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 33% less than the average Business Officer Salary in India. Salary estimates are based on 26 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Business Officer at Mahindra Finance is 33% less than the average salary of a Business Officer in India. To know exact salary insights, login to view.

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

Sales is a popular skill required to work as a Business Officer at Mahindra Finance.

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

L&T Finance Business Officer Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year

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

HDFC Bank Business Officer Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services Business Officer Salary - ₹1.7 Lakhs to ₹2.4 Lakhs per year
Bharat Financial Inclusion Business Officer Salary - ₹1.9 Lakhs to ₹2.4 Lakhs per year
Bajaj Finance Business Officer Salary - ₹1.4 Lakhs to ₹2.0 Lakhs per year

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

The estimated take-home salary of a Business Officer at Mahindra Finance ranges between ₹17,394 per month to ₹19,096 per month in India. The take-home salary calculation is based on the average Mahindra Finance Business Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 61% of the Mahindra Finance Business Officers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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Mahindra Finance Business Officer Salaries

Mahindra Finance Business Officer salary in India ranges between ₹1.8 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Business Officer salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Business Officer

Latest annual salaries shared by Mahindra Finance Business Officer

Experience wise Mahindra Finance Business Officer salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Business Officer

Salary related reviews for Mahindra Finance

Area Business Manager in Hyderabad / Secunderabad

Area Business Manager in Kanpur

Area Business Manager in Lucknow

Area Business Manager in Pondicherry / Puducherry

Business Executive in Koderma

Mahindra Finance Business Officer Salary FAQs

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