Mahindra Finance Division Head Salaries by 10+ Employees (Updated 2025)

9 - 19 years exp.

₹11.2 Lakhs - ₹25.1 Lakhs

Salary of majority employees

22% less than the average Division Head Salary in NBFC Companies for 9 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Division Head Salary 12 - 19 years exp. (6 salaries)	₹18.3 L/yr - ₹24 L/yr
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Sales & Business Development Division Head Salary 11 - 18 years exp. (5 salaries)	₹11.2 L/yr - ₹25.1 L/yr

Last Updated: 24 Mar 2025

Companies similar to Mahindra Finance for Division Head

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Division Head Salary 10 - 20 years exp. (6 salaries)	₹5.5 L/yr - ₹8.8 L/yr 58% less
Eureka Forbes Division Head Salary 9 - 15 years exp. (45 salaries)	₹8 L/yr - ₹14 L/yr 27% less
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Apollo Tyres Division Head Salary 10 - 23 years exp. (38 salaries)	₹24.9 L/yr - ₹60 L/yr 150% more
Utkarsh Small Finance Bank Division Head Salary 9 - 16 years exp. (18 salaries)	₹5.9 L/yr - ₹12 L/yr 51% less
More Supermarket Division Head Salary 0 - 19 years exp. (17 salaries)	₹4.7 L/yr - ₹7.3 L/yr 67% less

Division Head salary at Mahindra Finance ranges between ₹11.2 Lakhs to ₹25.1 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 17 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Division Head salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
10 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
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11 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
12 years (3 salaries)	₹11.2 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
15+ years (4 salaries)	₹7 L/yr - ₹25.1 L/yr

View all

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Top skills at Mahindra Finance for Division Head

Nutrition public Plant Commissioning

Salary related reviews for Mahindra Finance

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

Salary - Bad

+4 more

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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Mahindra Finance Division Head Salary FAQs

What is the salary of Division Head at Mahindra Finance ?

The average salary of a Division Head at Mahindra Finance in India typically ranges from ₹11.2 Lakhs to ₹25.1 Lakhs per year, depending on experience (from 9 years to 19 years).

The top 10% of Division Head at Mahindra Finance earn more than ₹23.3 Lakhs per year, and the top 1% earn over ₹25.1 Lakhs per year. Division Head 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 10+ Mahindra Finance employees in India.

What is the estimated take home salary of a Division Head at Mahindra Finance in India?

The estimated take-home salary of a Division Head at Mahindra Finance in India typically ranges from ₹1,13,648 to ₹1,16,811 per month. This is based on the average salary range of ₹11.2 Lakhs to ₹25.1 Lakhs per year for employees with experience ranging from 9 years to 19 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 10+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Division Head at Mahindra Finance ?

To be a Division Head at Mahindra Finance in india, the key skills required include:

- Nutrition
- public
- Plant Commissioning

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Division Head in India?

Apollo Tyres

₹24.9 Lakhs to ₹60.0 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 Division Head in companies similar to Mahindra Finance in India?

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

Eureka Forbes	₹8.0 Lakhs to ₹14.0 Lakhs per year
Utkarsh Small Finance Bank	₹5.9 Lakhs to ₹12.0 Lakhs per year
Shriram Finance	₹5.5 Lakhs to ₹8.8 Lakhs per year
More Supermarket	₹4.7 Lakhs to ₹7.3 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 Division Head at Mahindra Finance in India?

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

Experience	Average Salary Range
9 years	₹14.3 Lakhs to ₹18.3 Lakhs per year
10 years	₹14.5 Lakhs to ₹18.5 Lakhs per year
11 years	₹14.7 Lakhs to ₹18.7 Lakhs per year
12 years	₹11.2 Lakhs to ₹19.3 Lakhs per year

and so on.

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Mahindra Finance Division Head Salaries

Mahindra Finance Division Head salary in India ranges between ₹11.2 Lakhs to ₹25.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Mahindra Finance latest salaries received from various employees of Mahindra Finance.