Mahindra Finance Indore Divisional Manager Salaries by 10+ Employees (Updated 2024)

11 - 20 years exp.

₹13 Lakhs - ₹28.5 Lakhs

Salary of majority employees

90% more than the average Divisional Manager Salary in NBFC Companies for 11 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Divisional Manager Salary 11 - 20 years exp. (11 salaries)	₹13 L/yr - ₹25 L/yr
Finance & Accounting Divisional Manager Salary 19 years exp. (AmbitionBox Estimate)	₹18.7 L/yr - ₹28.5 L/yr
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Sales & Business Development Divisional Manager Salary 15 years exp. (AmbitionBox Estimate)	₹20.4 L/yr - ₹23.4 L/yr
Strategic & Top Management Divisional Manager Salary 18 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹25 L/yr

Last Updated: 6 Oct 2024

Companies similar to Mahindra Finance for Divisional Manager in Indore

Mahindra Finance Divisional Manager Salary

11 - 20 years exp. (14 salaries)

₹13 L/yr - ₹28.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL SAMASTA Divisional Manager Salary 2 - 4 years exp. (3 salaries)	₹7 L/yr - ₹9 L/yr 63% less
Login to view exact salary
AU Small Finance Bank Divisional Manager Salary 10 - 15 years exp. (3 salaries)	₹7.2 L/yr - ₹8.5 L/yr 61% less

Divisional Manager salary at Mahindra Finance ranges between ₹13 Lakhs to ₹28.5 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Divisional Manager salaries in Indore

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹33.9 L/yr
12 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹34.6 L/yr
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13 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23.1 L/yr
15+ years (12 salaries)	₹13 L/yr - ₹28.5 L/yr

Similar Designation salaries in Mahindra Finance

Relationship Manager Salary

(10 salaries)

₹2.5 L/yr - ₹6 L/yr

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹8.6 L/yr

Branch Manager Salary

(5 salaries)

₹3.5 L/yr - ₹6.7 L/yr

Business Manager Salary

(3 salaries)

₹2.5 L/yr - ₹6.25 L/yr

Top skills at Mahindra Finance for Divisional Manager

Portfolio Management Team Development Team Management Training Recruitment Channel Partners Manpower Planning Sales Business Planning Service Level Dealer Management Aircraft Handling Business Strategy bengali Relationship Management

Salary related reviews for Mahindra Finance

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.

Dislikes

Nothing as of now related to pandemic period.

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

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

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.

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

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

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

Dislikes

Work life balance

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Mahindra Finance Indore?

Divisional Manager salary at Mahindra Finance in Indore ranges between ₹13.0 Lakhs to ₹28.5 Lakhs for experience between 11 years to 20 years. According to our estimates it is 90% more than the average Divisional Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance Indore.

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

The average salary of a Divisional Manager at Mahindra Finance is 90% more than the average salary of a Divisional Manager in Indore. To know exact salary insights, login to view.

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

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

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

AU Small Finance Bank Divisional Manager Salary - ₹7.2 Lakhs to ₹8.5 Lakhs per year
IIFL SAMASTA Divisional Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year

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 ranges between ₹1,36,331 per month to ₹1,41,358 per month in Indore. The take-home salary calculation is based on the average Mahindra Finance Divisional Manager salary in India which ranges between ₹13.0 Lakhs to ₹28.5 Lakhs per year for employees with experience between 11 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Mahindra Finance Divisional Managers in Indore reported a notice period of 3 Months, 12% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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Mahindra Finance Divisional Manager Salaries in Indore

Mahindra Finance Divisional Manager salary in Indore ranges between ₹13 Lakhs to ₹28.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Mahindra Finance latest salaries received from various employees of Mahindra Finance.