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Mahindra Finance

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Mahindra Finance Sales Associate salaries in India

Annual salary range
1 - 9 years exp.
₹2.2 Lakhs - ₹3.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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13% less than the average Sales Associate Salary in NBFC Companies for 1 - 9 years of experience

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Last Updated: 4 May 2024

Companies similar to Mahindra Finance for Sales Associate

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Sales Associate Salary

0 - 10 years exp. (29 salaries)

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₹1.3 L/yr - ₹3.6 L/yr

arrow icon 14% less
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HDFC Bank Sales Associate Salary

0 - 6 years exp. (55 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 18% less
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Shriram Finance Sales Associate Salary

2 - 8 years exp. (5 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 13% less
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L&T Finance Sales Associate Salary

1 - 4 years exp. (5 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 11% less
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₹2.6 L/yr - ₹3 L/yr

At par
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Muthoot Finance Sales Associate Salary

1 - 12 years exp. (4 salaries)

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₹1.7 L/yr - ₹2.4 L/yr

arrow icon 27% less
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Aditya Birla Capital Sales Associate Salary

1 - 6 years exp. (10 salaries)

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₹2.8 L/yr - ₹3.4 L/yr

arrow icon 9% more
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Edelweiss Sales Associate Salary

7 years exp. (3 salaries)

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₹6 L/yr - ₹6.4 L/yr

arrow icon 126% more
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₹2.3 L/yr - ₹2.8 L/yr

arrow icon 11% less
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Sundaram Finance Sales Associate Salary

0 - 7 years exp. (128 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 13% less
1 job opening
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 34% more
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HDB Financial Services Sales Associate Salary

0 - 6 years exp. (56 salaries)

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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 24% less
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Kotak Mahindra Prime Sales Associate Salary

0 - 7 years exp. (26 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 10% less
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TVS Credit Sales Associate Salary

0 - 8 years exp. (7 salaries)

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₹2.5 L/yr - ₹4.1 L/yr

arrow icon 20% more
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IIFL Finance Sales Associate Salary

1 - 3 years exp. (6 salaries)

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₹1.8 L/yr - ₹3.4 L/yr

arrow icon 30% less
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Aavas Financiers Sales Associate Salary

2 - 5 years exp. (4 salaries)

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₹1.9 L/yr - ₹3.4 L/yr

arrow icon 16% less
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Muthoot Fincorp Sales Associate Salary

4 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 5% less
Sales Associate salary at Mahindra Finance ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Sales Associate

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9 years exp.
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Experience wise Mahindra Finance Sales Associate salaries

Last Updated: 4 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Mahindra Finance

Sales Executive Salary
(232 salaries)
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₹1.3 L/yr - ₹4.8 L/yr
Sales Officer Salary
(54 salaries)
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₹1.65 L/yr - ₹4.56 L/yr
Sales Manager Salary
(108 salaries)
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₹2.35 L/yr - ₹9 L/yr
Salesman Salary
(3 salaries)
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₹1.9 L/yr - ₹3.2 L/yr
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₹1.8 L/yr - ₹2.2 L/yr
Store Manager Salary
(3 salaries)
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₹5 L/yr - ₹26.5 L/yr
Cashier Salary
(190 salaries)
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₹1.3 L/yr - ₹4.53 L/yr
Team Lead Salary
(36 salaries)
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₹2.2 L/yr - ₹5.5 L/yr
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₹4.2 L/yr - ₹15 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Mahindra Finance

5.0

Rated by 3 employees for salary & benefits

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

 · 

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.

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 19 Nov 2021

5.0
 for  Salary and Benefits

Likes

My company has nice work culture and allows employees to work freely and also good support from seniors and employees are motivated and appreciated for their effort.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is nothing i dislike about the job in particular, But i honestly say that i have a family, i have one daughter and better salary is really needed that time with all the expenses... Company Refuse to pay the salary actually how much i need. So, I resigned my job...

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 31 Jul 2020

1.0
 for  Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

read more

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

read more
  • Salary - Bad
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 19 Feb 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more
see more salary related reviews

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Mahindra Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at Mahindra Finance ?
The average salary of a Sales Associate at Mahindra Finance in India typically ranges from ₹2.2 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Sales Associate at Mahindra Finance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Sales Associate 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 4 Mahindra Finance employees in India.
What is the estimated take home salary of a Sales Associate at Mahindra Finance in India?
The estimated take-home salary of a Sales Associate at Mahindra Finance in India typically ranges from ₹19,590 to ₹21,260 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 9 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 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Finance for Sales Associate in India?
Edelweiss ₹6.0 Lakhs to ₹6.4 Lakhs per year
Tata Capital Housing Finance ₹2.4 Lakhs to ₹4.8 Lakhs per year
TVS Credit ₹2.5 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Capital ₹2.8 Lakhs to ₹3.4 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 Sales Associate in companies similar to Mahindra Finance in India?
The salary of a Sales Associate at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam Investment & Finance ₹2.6 Lakhs to ₹3.0 Lakhs per year
Muthoot Fincorp ₹2.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime ₹1.5 Lakhs to ₹3.1 Lakhs per year
Sammaan Capital Limited ₹2.3 Lakhs to ₹2.8 Lakhs per year
L&T Finance ₹1.8 Lakhs to ₹4.5 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 Sales Associate at Mahindra Finance in India?
The salary growth for a Sales Associate at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Sales Associate can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹4.8 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years ₹2.2 Lakhs to ₹4.9 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Sales Associate salary in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.