Mahindra Finance Channel Sales Manager Salaries by 5 Employees (Updated 2025)

1 - 8 years exp.

₹3.1 Lakhs - ₹13.2 Lakhs

Low Confidence

Salary of majority employees

8% more than the average Channel Sales Manager Salary in NBFC Companies for 1 - 8 years of experience

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Last Updated: 19 Jan 2025

Companies similar to Mahindra Finance for Channel Sales Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Channel Sales Manager Salary 0 - 12 years exp. (18 salaries)	₹2.2 L/yr - ₹5.5 L/yr 57% less
Poonawalla Fincorp Channel Sales Manager Salary 3 - 10 years exp. (6 salaries)	₹3.6 L/yr - ₹4.8 L/yr 49% less
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Muthoot Fincorp Channel Sales Manager Salary 7 - 9 years exp. (3 salaries)	₹4 L/yr - ₹10 L/yr 12% less
Tata AIG Channel Sales Manager Salary 0 - 11 years exp. (995 salaries)	₹2 L/yr - ₹8 L/yr 43% less	56 job openings
VE Commercial Vehicles Channel Sales Manager Salary 0 - 11 years exp. (243 salaries)	₹6.1 L/yr - ₹17.8 L/yr 32% more

Channel Sales Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Channel Sales Manager salaries

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.1 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹13.2 L/yr

View all

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₹8 L/yr - ₹14 L/yr

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₹2.5 L/yr - ₹10.75 L/yr

Regional Manager Salary

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₹7.5 L/yr - ₹30 L/yr

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₹2.2 L/yr - ₹9 L/yr

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₹3.07 L/yr - ₹14 L/yr

Salary related reviews for Mahindra Finance

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

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

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Mahindra Finance Channel Sales Manager Salary FAQs

What is the salary of Channel Sales Manager at Mahindra Finance ?

The average salary of a Channel Sales Manager at Mahindra Finance in India typically ranges from ₹3.1 Lakhs to ₹13.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Channel Sales Manager at Mahindra Finance earn more than ₹13.2 Lakhs per year, and the top 1% earn over ₹13.2 Lakhs per year. Channel Sales Manager 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 Channel Sales Manager at Mahindra Finance in India?

The estimated take-home salary of a Channel Sales Manager at Mahindra Finance in India typically ranges from ₹58,014 to ₹59,475 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹13.2 Lakhs per year for employees with experience ranging from 1 year to 8 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 Channel Sales Manager in India?

VE Commercial Vehicles

₹6.1 Lakhs to ₹17.8 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 Channel Sales Manager in companies similar to Mahindra Finance in India?

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

Muthoot Fincorp	₹4.0 Lakhs to ₹10.0 Lakhs per year
Tata AIG	₹2.0 Lakhs to ₹8.0 Lakhs per year
Poonawalla Fincorp	₹3.6 Lakhs to ₹4.8 Lakhs per year
SMFG India Credit	₹2.2 Lakhs to ₹5.5 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 Channel Sales Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
4 years	₹6.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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Mahindra Finance Channel Sales Manager Salaries

Mahindra Finance Channel Sales Manager salary in India ranges between ₹3.1 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.