Mahindra Finance Deputy Area Manager Salaries by 7 Employees

0 - 17 years exp.

₹7 Lakhs - ₹10.8 Lakhs

Low Confidence

Salary of majority employees

Fixed (84%)

₹7.5 Lakhs

Variable (16%)

₹1.4 Lakh

12% more than the average Deputy Area Manager Salary in NBFC Companies for 0 - 17 years of experience

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Salaries in different departments

Finance & Accounting Deputy Area Manager Salary 0 - 14 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.5 L/yr
Sales & Business Development Deputy Area Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Deputy Area Manager Salary 17 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹11.8 L/yr

Last Updated: 22 Sep 2024

Companies similar to Mahindra Finance for Deputy Area Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Deputy Area Manager Salary 3 - 10 years exp. (135 salaries)	₹5 L/yr - ₹11.3 L/yr 9% less	434 job openings
Satin Creditcare Network Deputy Area Manager Salary 7 - 15 years exp. (3 salaries)	₹3.9 L/yr - ₹6.4 L/yr 47% less
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Bajaj Allianz Life Insurance Deputy Area Manager Salary 5 - 13 years exp. (138 salaries)	₹4.5 L/yr - ₹6.5 L/yr 37% less
Bajaj Finserv Deputy Area Manager Salary 3 - 9 years exp. (126 salaries)	₹4.8 L/yr - ₹11.9 L/yr 12% less
Sonalika Tractors Deputy Area Manager Salary 7 - 15 years exp. (81 salaries)	₹6.2 L/yr - ₹14.2 L/yr 26% more

Deputy Area Manager salary at Mahindra Finance ranges between ₹7 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Deputy Area Manager salaries

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.5 L/yr
1 year (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
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2 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.7 L/yr
4 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.7 L/yr
12 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹15.3 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹10.8 L/yr

View all

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Salary related reviews for Mahindra Finance

5.0

Rated by 2 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

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Deputy Area Manager Salary FAQs

What is the salary of Deputy Area Manager at Mahindra Finance ?

The average salary of a Deputy Area Manager at Mahindra Finance in India typically ranges from ₹7.0 Lakhs to ₹10.8 Lakhs per year, depending on experience (from Fresher to 17 years).

The top 10% of Deputy Area Manager at Mahindra Finance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Deputy Area 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 7 Mahindra Finance employees in India.

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

The estimated take-home salary of a Deputy Area Manager at Mahindra Finance in India typically ranges from ₹64,937 to ₹66,594 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from Fresher to 17 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 7 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 Deputy Area Manager in India?

Sonalika Tractors

₹6.2 Lakhs to ₹14.2 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 Deputy Area Manager in companies similar to Mahindra Finance in India?

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

Bajaj Finance	₹5.0 Lakhs to ₹11.3 Lakhs per year
Bajaj Finserv	₹4.8 Lakhs to ₹11.9 Lakhs per year
Bajaj Allianz Life Insurance	₹4.5 Lakhs to ₹6.5 Lakhs per year
Satin Creditcare Network	₹3.9 Lakhs to ₹6.4 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 Deputy Area Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
Fresher	₹3.8 Lakhs to ₹9.5 Lakhs per year
1 year	₹8.5 Lakhs to ₹10.8 Lakhs per year
2 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
3 years	₹8.3 Lakhs to ₹10.7 Lakhs per year

and so on.

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Mahindra Finance Deputy Area Manager Salaries

Mahindra Finance Deputy Area Manager salary in India ranges between ₹7 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.