Mahindra Finance Divisional Manager Salaries by 200+ Employees (Updated 2025)

9 - 23 years exp.

₹8.4 Lakhs - ₹31 Lakhs

Salary of majority employees

Fixed (87%)

₹15.8 Lakhs

Variable (13%)

₹2.4 Lakhs

At par with the average Divisional Manager Salary in NBFC Companies for 9 - 23 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 9 - 23 years exp. (82 salaries)	₹10 L/yr - ₹30.5 L/yr
Sales & Business Development Divisional Manager Salary 9 - 23 years exp. (64 salaries)	₹9.3 L/yr - ₹30 L/yr
Login to view exact salary
Finance & Accounting Divisional Manager Salary 9 - 22 years exp. (19 salaries)	₹9.5 L/yr - ₹30.6 L/yr
Marketing & Communication Divisional Manager Salary 10 - 21 years exp. (5 salaries)	₹12.5 L/yr - ₹31 L/yr
Strategic & Top Management Divisional Manager Salary 11 - 21 years exp. (5 salaries)	₹13 L/yr - ₹25 L/yr

View all

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for Divisional Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Divisional Manager Salary 3 - 19 years exp. (5 salaries)	₹2 L/yr - ₹5.8 L/yr 77% less
ICICI Bank Divisional Manager Salary 4 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹24 L/yr 6% less
Login to view exact salary
Bharat Financial Inclusion Divisional Manager Salary 0 - 17 years exp. (162 salaries)	₹5.6 L/yr - ₹15.2 L/yr 49% less
Muthoot Microfin Divisional Manager Salary 6 - 13 years exp. (37 salaries)	₹3.5 L/yr - ₹7 L/yr 70% less
Shriram Finance Divisional Manager Salary 9 - 17 years exp. (22 salaries)	₹4.2 L/yr - ₹8.5 L/yr 69% less
IIFL Finance Divisional Manager Salary 5 - 11 years exp. (8 salaries)	₹3.5 L/yr - ₹8.5 L/yr 71% less
L&T Finance Divisional Manager Salary 1 - 16 years exp. (7 salaries)	₹6.4 L/yr - ₹15.7 L/yr 28% less
Muthoot Fincorp Divisional Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹8.7 L/yr 72% less
Satin Creditcare Network Divisional Manager Salary 8 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹6.6 L/yr 68% less
CreditAccess Grameen Divisional Manager Salary 11 - 16 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr 37% less

Divisional Manager salary at Mahindra Finance ranges between ₹8.4 Lakhs to ₹31 Lakhs per year for employees with experience between 9 years to 23 years. Salary estimates are based on 222 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Divisional Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
9 years (10 salaries)	₹10 L/yr - ₹16.7 L/yr
10 years (11 salaries)	₹10.3 L/yr - ₹21 L/yr
Login to view exact salary
11 years (8 salaries)	₹13 L/yr - ₹19.1 L/yr
12 years (24 salaries)	₹9 L/yr - ₹25 L/yr
13 years (22 salaries)	₹10 L/yr - ₹23 L/yr
14 years (22 salaries)	₹9.5 L/yr - ₹25 L/yr
15+ years (125 salaries)	₹8.4 L/yr - ₹31 L/yr

View all

Similar Designation salaries in Mahindra Finance

Regional Manager Salary

(31 salaries)

₹7.33 L/yr - ₹30 L/yr

Business Manager Salary

(20 salaries)

₹2.5 L/yr - ₹10.75 L/yr

Senior Sales Manager Salary

(7 salaries)

₹3.15 L/yr - ₹10.5 L/yr

Branch Manager Salary

(162 salaries)

₹2.05 L/yr - ₹9.1 L/yr

Area Manager Salary

(96 salaries)

₹3.08 L/yr - ₹12.5 L/yr

Marketing Manager Salary

(9 salaries)

₹12 L/yr - ₹17 L/yr

Relationship Manager Salary

(93 salaries)

₹2.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(234 salaries)

₹4.04 L/yr - ₹11.5 L/yr

Territory Manager Salary

(12 salaries)

₹5 L/yr - ₹10.25 L/yr

Sales Manager Salary

(107 salaries)

₹2.35 L/yr - ₹8.2 L/yr

Top skills at Mahindra Finance for Divisional Manager

Team Development Team Management Training Recruitment Channel Partners Portfolio Management Manpower Planning Sales Business Planning Service Level Dealer Management Aircraft Handling Malayalam Team Handling Advisory

Salary related reviews for Mahindra Finance

3.4

Rated by 37 employees for salary & benefits

Divisional Manager in Lucknow

Sales & Business Development Department

5.0

• posted on 14 Jun 2020

5.0

for Salary and Benefits

Likes

As of now, senior management has taken care of all employees at optimum level. I have listen some very disturbing news related to job losses & salary cuts from other companies, fortunately Mahindra Finance is handling this adversity.

Salary - Excellent

+5 more

Dislikes

Nothing as of now related to pandemic period.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Mahindra Finance?

Divisional Manager salary at Mahindra Finance in India ranges between ₹8.4 Lakhs to ₹31.0 Lakhs for experience between 9 years to 23 years. According to our estimates it is 4% more than the average Divisional Manager Salary in India. Salary estimates are based on 222 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Divisional Manager at Mahindra Finance is 4% more than the average salary of a Divisional Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Divisional Manager at Mahindra Finance?

Team Development, Team Management, Training, Recruitment and Channel Partners are some of the popular skills required to work as a Divisional Manager at Mahindra Finance India.

What is the salary of a Divisional Manager in companies similar to Mahindra Finance in India?

ICICI Bank Divisional Manager Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
L&T Finance Divisional Manager Salary - ₹6.4 Lakhs to ₹15.7 Lakhs per year
CreditAccess Grameen Divisional Manager Salary - ₹10.0 Lakhs to ₹12.8 Lakhs per year
Bharat Financial Inclusion Divisional Manager Salary - ₹5.6 Lakhs to ₹15.2 Lakhs per year
Satin Creditcare Network Divisional Manager Salary - ₹5.5 Lakhs to ₹6.6 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at Mahindra Finance ranges between ₹1,21,949 per month to ₹1,25,466 per month in India. The take-home salary calculation is based on the average Mahindra Finance Divisional Manager salary in India which ranges between ₹8.4 Lakhs to ₹31.0 Lakhs per year for employees with experience between 9 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Divisional Manager at Mahindra Finance?

According to AmbitionBox, 97% of the Mahindra Finance Divisional Managers reported a notice period of 3 Months, 2% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 146 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Divisional Manager Salaries by Location

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Divisional Manager Salaries

Mahindra Finance Divisional Manager salary in India ranges between ₹8.4 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 222 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Divisional Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Divisional Manager

Latest annual salaries shared by Mahindra Finance Divisional Manager

Experience wise Mahindra Finance Divisional Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Divisional Manager

Salary related reviews for Mahindra Finance

Divisional Manager in Lucknow

Area Business Manager in Hyderabad / Secunderabad

Area Business Manager in Kanpur

Deputy Manager in Mumbai

Area Business Manager in Lucknow

Mahindra Finance Divisional Manager Salary FAQs

Tell us how to improve this page.

Mahindra Finance Divisional Manager Salaries by Location