Mahindra Finance Indore Division Head Salaries by 3 Employees (Updated 2025)

14 - 19 years exp.

₹15.7 Lakhs - ₹25.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Division Head Salary in NBFC Companies for 14 - 19 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Division Head Salary 14 - 19 years exp. (AmbitionBox Estimate)	₹18.3 L/yr - ₹24 L/yr
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Sales & Business Development Division Head Salary 18 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹25.1 L/yr

Last Updated: 24 Mar 2025

Companies similar to Mahindra Finance for Division Head in Indore

Mahindra Finance Division Head Salary

14 - 19 years exp. (3 salaries)

₹15.7 L/yr - ₹25.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Eureka Forbes Division Head Salary 10 - 12 years exp. (5 salaries)	₹9 L/yr - ₹12.6 L/yr 27% less
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Bridgestone Division Head Salary 19 - 24 years exp. (3 salaries)	₹39.6 L/yr - ₹50.6 L/yr 162% more

Division Head salary at Mahindra Finance ranges between ₹15.7 Lakhs to ₹25.1 Lakhs per year for employees with experience between 14 years to 19 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Division Head salaries in Indore

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
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15+ years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹8.6 L/yr

Sales Executive Salary

(6 salaries)

₹1.1 L/yr - ₹3.9 L/yr

Branch Manager Salary

(4 salaries)

₹4 L/yr - ₹6.7 L/yr

Business Manager Salary

(3 salaries)

₹2.5 L/yr - ₹6.25 L/yr

Sales Officer Salary

(3 salaries)

₹2.09 L/yr - ₹3.5 L/yr

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Division Head Salary FAQs

How the salary growth look like for a Division Head at Mahindra Finance in Indore?

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

Experience	Average Salary Range
14 years	₹15.2 Lakhs to ₹19.4 Lakhs per year
15 years	₹15.8 Lakhs to ₹20.2 Lakhs per year

and so on.

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Mahindra Finance Division Head Salaries in Indore

Mahindra Finance Division Head salary in Indore ranges between ₹15.7 Lakhs to ₹25.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.