Upload Button Icon Add office photos

Mahindra Finance

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

Mahindra Finance Divisional Manager salaries in Indore (Updated 2025)

Annual salary range
11 - 19 years exp.
₹16.3 Lakhs - ₹28.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

17% more than the average Divisional Manager Salary in NBFC Companies for 11 - 19 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Divisional Manager Salary
11 - 19 years exp. (10 salaries)
unlock-blur

₹16.3 L/yr - ₹25 L/yr

Finance & Accounting
Divisional Manager Salary
19 years exp. (AmbitionBox Estimate)
unlock-blur

₹13.6 L/yr - ₹28.5 L/yr

Sales & Business Development
Divisional Manager Salary
15 years exp. (AmbitionBox Estimate)
unlock-blur

₹16.9 L/yr - ₹20.4 L/yr

Strategic & Top Management
Divisional Manager Salary
18 years exp. (AmbitionBox Estimate)
unlock-blur

₹17.3 L/yr - ₹25 L/yr

Last Updated: 15 Mar 2025

Companies similar to Mahindra Finance for Divisional Manager in Indore

Logo
Mahindra Finance Divisional Manager Salary

11 - 19 years exp. (13 salaries)

unlock blur

₹16.3 L/yr - ₹28.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
IIFL SAMASTA Divisional Manager Salary

2 - 4 years exp. (3 salaries)

unlock blur

₹7 L/yr - ₹9 L/yr

arrow icon 54% less
Logo
Syngenta Divisional Manager Salary

17 - 18 years exp. (3 salaries)

unlock blur

₹36 L/yr - ₹50.8 L/yr

arrow icon 180% more
Divisional Manager salary at Mahindra Finance ranges between ₹16.3 Lakhs to ₹28.5 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Divisional Manager in Indore

2w ago
avg blur mobile
15 years exp.
7mo ago
avg blur mobile
19 years exp.
9mo ago
avg blur mobile
19 years exp.
11mo ago
avg blur mobile
17 years exp.
1y ago
avg blur mobile
18 years exp.
1y ago
avg blur mobile
18 years exp.
1y ago
avg blur mobile
18 years exp.

Experience wise Mahindra Finance Divisional Manager salaries in Indore

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹14 L/yr - ₹17.8 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹14.4 L/yr - ₹18.4 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹14.8 L/yr - ₹18.9 L/yr
15+ years  (11 salaries)

unlock blur

₹17 L/yr - ₹28.5 L/yr

Similar Designation salaries in Mahindra Finance

unlock blur
₹3 L/yr - ₹6 L/yr
Deputy Manager Salary
(7 salaries)
unlock blur
₹5 L/yr - ₹8.6 L/yr
Branch Manager Salary
(4 salaries)
unlock blur
₹4 L/yr - ₹6.7 L/yr
unlock blur
₹2.5 L/yr - ₹6.25 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

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Nothing as of now related to pandemic period.

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

read more
  • Salary - Bad
  • +4 more

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.

read more
  • 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.

read more

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

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra Finance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Mahindra Finance in Indore?
The average salary of a Divisional Manager at Mahindra Finance in Indore typically ranges from ₹16.3 Lakhs to ₹28.5 Lakhs per year, depending on experience (from 11 years to 19 years).

The top 10% of Divisional Manager in Indore at Mahindra Finance earn more than ₹25.7 Lakhs per year, and the top 1% earn over ₹28.5 Lakhs per year. Divisional 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 10+ Mahindra Finance employees in India.
What is the estimated take home salary of a Divisional Manager at Mahindra Finance in Indore?
The estimated take-home salary of a Divisional Manager at Mahindra Finance in Indore typically ranges from ₹1,15,857 to ₹1,19,091 per month. This is based on the average salary range of ₹16.3 Lakhs to ₹28.5 Lakhs per year for employees with experience ranging from 11 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 Divisional Manager at Mahindra Finance in Indore?
To be a Divisional Manager at Mahindra Finance in Indore, the key skills required include:

  • - Team Development
  • - Team Management
  • - Training
  • - Recruitment
  • - Channel Partners

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 Divisional Manager in India?
Syngenta ₹36.0 Lakhs to ₹50.8 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 Divisional Manager in companies similar to Mahindra Finance in Indore?
The salary of a Divisional Manager at companies similar to Mahindra Finance in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL SAMASTA ₹7.0 Lakhs to ₹9.0 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 Divisional Manager at Mahindra Finance in Indore?
The salary growth for a Divisional Manager at Mahindra Finance in Indore depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Indore can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
11 years ₹13.5 Lakhs to ₹17.3 Lakhs per year
12 years ₹14.0 Lakhs to ₹17.8 Lakhs per year
13 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
14 years ₹14.8 Lakhs to ₹18.9 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Divisional Manager salary in Indore ranges between ₹16.3 Lakhs to ₹28.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Mahindra Finance latest salaries received from various employees of Mahindra Finance.