Mahindra Finance Mumbai Sales Executive Salaries by 6 Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹3.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Sales Executive Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Marketing & Communication Sales Executive Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.3 L/yr
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Sales & Business Development Sales Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.3 L/yr

Last Updated: 2 Jan 2025

Companies similar to Mahindra Finance for Sales Executive in Mumbai

Mahindra Finance Sales Executive Salary

1 - 5 years exp. (6 salaries)

₹2 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Sales Executive Salary 0 - 7 years exp. (669 salaries)	₹1 L/yr - ₹5 L/yr 13% less
Bajaj Finance Sales Executive Salary 0 - 6 years exp. (117 salaries)	₹1 L/yr - ₹4 L/yr 7% less	2 job openings
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Kotak Mahindra Prime Sales Executive Salary 0 - 5 years exp. (23 salaries)	₹1.7 L/yr - ₹2.6 L/yr 25% less
Sammaan Capital Limited Sales Executive Salary 0 - 8 years exp. (17 salaries)	₹2 L/yr - ₹3.5 L/yr 6% less
IIFL Finance Sales Executive Salary 0 - 5 years exp. (15 salaries)	₹1.4 L/yr - ₹3.5 L/yr 18% less
TVS Credit Sales Executive Salary 0 - 6 years exp. (9 salaries)	₹2 L/yr - ₹3.5 L/yr 14% less	1 job opening
L&T Finance Sales Executive Salary 2 - 5 years exp. (8 salaries)	₹1.6 L/yr - ₹2.5 L/yr 23% less
SMFG India Credit Sales Executive Salary 0 - 7 years exp. (8 salaries)	₹2.2 L/yr - ₹4 L/yr 5% more
Sundaram Finance Sales Executive Salary 1 - 7 years exp. (8 salaries)	₹1.8 L/yr - ₹3.3 L/yr 10% less
Muthoot Fincorp Sales Executive Salary 2 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹2.7 L/yr 5% less
Muthoot Finance Sales Executive Salary 0 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 15% less	2 job openings
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Manappuram Finance Sales Executive Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 1% more

Sales Executive salary at Mahindra Finance ranges between ₹2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Sales Executive salaries in Mumbai

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.2 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Mahindra Finance

Sales Manager Salary

(5 salaries)

₹4.45 L/yr - ₹8 L/yr

Marketing Executive Salary

(4 salaries)

₹3.1 L/yr - ₹5.2 L/yr

Top skills at Mahindra Finance for Sales Executive

Salesforce Auto Loans Sales Auto Loans Vehicle Finance Commercial Vehicle Loans Customer Management Car Loan Car Sales Field Sales Dealership Management Sales Executive Activities Nutrition Modification Loan Sales

Salary related reviews for Mahindra Finance

1.0

Rated by 1 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

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.

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

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.

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Finance Sales Executive Salary FAQs

What is the salary of Sales Executive at Mahindra Finance in Mumbai?

The average salary of a Sales Executive at Mahindra Finance in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Executive in Mumbai at Mahindra Finance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Sales Executive 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 6 Mahindra Finance employees in India.

What is the estimated take home salary of a Sales Executive at Mahindra Finance in Mumbai?

The estimated take-home salary of a Sales Executive at Mahindra Finance in Mumbai typically ranges from ₹20,048 to ₹21,711 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 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 Sales Executive at Mahindra Finance in Mumbai?

To be a Sales Executive at Mahindra Finance in Mumbai, the key skills required include:

- Salesforce
- Auto Loans
- Sales
- Auto Loans
- Vehicle Finance

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 Sales Executive in India?

SMFG India Credit	₹2.2 Lakhs to ₹4.0 Lakhs per year
Manappuram Finance	₹2.5 Lakhs to ₹4.0 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 Executive in companies similar to Mahindra Finance in Mumbai?

The salary of a Sales Executive at companies similar to Mahindra Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp	₹2.5 Lakhs to ₹2.7 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance	₹1.0 Lakhs to ₹4.0 Lakhs per year
Sundaram Finance	₹1.8 Lakhs to ₹3.3 Lakhs per year
HDB Financial Services	₹1.0 Lakhs to ₹5.0 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 Sales Executive at Mahindra Finance in Mumbai?

The salary growth for a Sales Executive at Mahindra Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Executive in Mumbai can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Mahindra Finance Sales Executive Salaries in Mumbai

Mahindra Finance Sales Executive salary in Mumbai ranges between ₹2 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.