Mahindra Finance Mumbai Divisional Manager Salaries by 4 Employees (Updated 2025)

10 - 22 years exp.

₹10.8 Lakhs - ₹18 Lakhs

Salary of majority employees

16% more than the average Divisional Manager Salary in NBFC Companies for 10 - 22 years of experience

Interested in this particular role? 1 job opening

Last Updated: 11 Sep 2024

Companies similar to Mahindra Finance for Divisional Manager in Mumbai

Mahindra Finance Divisional Manager Salary

10 - 22 years exp. (4 salaries)

₹10.8 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Micro Labs Divisional Manager Salary 16 - 25 years exp. (11 salaries)	₹9.3 L/yr - ₹15.5 L/yr 31% less
Raychem RPG Divisional Manager Salary 13 - 24 years exp. (8 salaries)	₹25 L/yr - ₹35 L/yr 102% more
Login to view exact salary
Fraazo Divisional Manager Salary 7 - 15 years exp. (7 salaries)	₹7 L/yr - ₹13 L/yr 40% less
Jumbo Finvest India Divisional Manager Salary 23 - 26 years exp. (5 salaries)	₹16 L/yr - ₹18 L/yr 6% more
Delvin Formulations Divisional Manager Salary 23 - 27 years exp. (5 salaries)	₹9 L/yr - ₹9.4 L/yr 42% less

Divisional Manager salary at Mahindra Finance ranges between ₹10.8 Lakhs to ₹18 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Divisional Manager salaries in Mumbai

Last Updated: 11 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
Login to view exact salary
12 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹26.4 L/yr
14 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
15+ years (AmbitionBox Estimate)	₹17 L/yr - ₹18 L/yr

View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(69 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Sales Manager Salary

(6 salaries)

₹4.45 L/yr - ₹8 L/yr

Marketing Manager Salary

(5 salaries)

₹12 L/yr - ₹17 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

5.0

Rated by 1 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

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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 Mumbai?

Divisional Manager salary at Mahindra Finance in Mumbai ranges between ₹10.8 Lakhs to ₹18.0 Lakhs for experience between 10 years to 22 years. According to our estimates it is 16% more than the average Divisional Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Divisional Manager at Mahindra Finance is 16% more than the average salary of a Divisional Manager in Mumbai. 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 Mumbai.

Which similar companies are paying more than Mahindra Finance to a Divisional Manager in Mumbai?

Raychem RPG Divisional Manager Salary - ₹25.0 Lakhs to ₹35.0 Lakhs per year
Jumbo Finvest India Divisional Manager Salary - ₹16.0 Lakhs to ₹18.0 Lakhs per year

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

Micro Labs Divisional Manager Salary - ₹9.3 Lakhs to ₹15.5 Lakhs per year
Fraazo Divisional Manager Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
Delvin Formulations Divisional Manager Salary - ₹9.0 Lakhs to ₹9.4 Lakhs per year

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

The estimated take-home salary of a Divisional Manager at Mahindra Finance ranges between ₹1,09,687 per month to ₹1,12,722 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Divisional Manager salary in India which ranges between ₹10.8 Lakhs to ₹18.0 Lakhs per year for employees with experience between 10 years to 22 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra Finance Divisional Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Mahindra Finance Salaries >
Mahindra Finance Divisional Manager Salaries >
Mahindra Finance Divisional Manager Salaries in Mumbai

Mahindra Finance Divisional Manager salary in Mumbai ranges between ₹10.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.