Mahindra Finance Sales Associate Salaries by 4 Employees (Updated 2025)

1 - 9 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Low Confidence

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
Bajaj Finance Sales Associate Salary 0 - 10 years exp. (29 salaries)	Unlock ₹1.3 L/yr - ₹3.6 L/yr 14% less
HDFC Bank Sales Associate Salary 0 - 6 years exp. (55 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 16% less
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Shriram Finance Sales Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 13% less
L&T Finance Sales Associate Salary 2 - 4 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹2.2 L/yr 21% less
Cholamandalam Investment & Finance Sales Associate Salary 3 - 9 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹3 L/yr At par
Muthoot Finance Sales Associate Salary 1 - 12 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹2.4 L/yr 27% less
Aditya Birla Capital Sales Associate Salary 1 - 6 years exp. (10 salaries)	Unlock ₹2.8 L/yr - ₹3.4 L/yr 9% more
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹6.4 L/yr 126% more
Sammaan Capital Limited Sales Associate Salary 0 - 3 years exp. (8 salaries)	Unlock ₹2.3 L/yr - ₹2.8 L/yr 11% less
Sundaram Finance Sales Associate Salary 0 - 6 years exp. (124 salaries)	Unlock ₹1.1 L/yr - ₹3.5 L/yr 11% less	6 job openings
Tata Capital Housing Finance Sales Associate Salary 1 - 9 years exp. (75 salaries)	Unlock ₹2.4 L/yr - ₹4.8 L/yr 34% more
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HDB Financial Services Sales Associate Salary 0 - 5 years exp. (56 salaries)	Unlock ₹1.4 L/yr - ₹3.2 L/yr 24% less
Kotak Mahindra Prime Sales Associate Salary 0 - 7 years exp. (26 salaries)	Unlock ₹1.5 L/yr - ₹3.1 L/yr 10% less
TVS Credit Sales Associate Salary 0 - 8 years exp. (7 salaries)	Unlock ₹2.5 L/yr - ₹4.1 L/yr 20% more
IIFL Finance Sales Associate Salary 1 - 2 years exp. (6 salaries)	Unlock ₹1.8 L/yr - ₹3.4 L/yr 30% less
Aavas Financiers Sales Associate Salary 2 - 5 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹3.4 L/yr 16% less
Muthoot Fincorp Sales Associate Salary 4 - 5 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹3.5 L/yr 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.

Experience wise Mahindra Finance Sales Associate salaries

Last Updated: 4 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.6 L/yr

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Salary related reviews for Mahindra Finance

5.0

Rated by 3 employees for salary & benefits

Sales Executive in Salem

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

Salary - Bad

+4 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.

Cashier in Malkangiri

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.

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...

Relationship Manager in Chandigarh

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.

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.

Salary - Bad

+6 more

Sales Executive in Derabassi

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.

Salary - Excellent

+5 more

Dislikes

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Finance Sales Associate Salary FAQs

What is the salary of Sales Associate at Mahindra Finance?

Sales Associate salary at Mahindra Finance in India ranges between ₹2.2 Lakhs to ₹3.6 Lakhs for experience between 1 years to 9 years. According to our estimates it is 13% less than the average Sales Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Sales Associate at Mahindra Finance is 13% less than the average salary of a Sales Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Sales Associate in India?

Edelweiss Sales Associate Salary - ₹6.0 Lakhs to ₹6.4 Lakhs per year
Tata Capital Housing Finance Sales Associate Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year
TVS Credit Sales Associate Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
Aditya Birla Capital Sales Associate Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year

What is the salary of a Sales Associate in companies similar to Mahindra Finance in India?

Cholamandalam Investment & Finance Sales Associate Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
Muthoot Fincorp Sales Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime Sales Associate Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Sammaan Capital Limited Sales Associate Salary - ₹2.3 Lakhs to ₹2.8 Lakhs per year
Sundaram Finance Sales Associate Salary - ₹1.1 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹19,590 per month to ₹21,260 per month in India. The take-home salary calculation is based on the average Mahindra Finance Sales Associate salary in India which ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Sales Associate at Mahindra Finance?

According to AmbitionBox, 33% of the Mahindra Finance Sales Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Mahindra Finance Sales Associate Salaries

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