Mahindra Finance Mumbai Sales Manager Salaries by 5 Employees (Updated 2024)

5 - 8 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Salary of majority employees

9% less than the average Sales Manager Salary in NBFC Companies for 5 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 7 - 8 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr
Login to view exact salary
Sales & Business Development Sales Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹8 L/yr

Last Updated: 7 Dec 2024

Companies similar to Mahindra Finance for Sales Manager in Mumbai

Mahindra Finance Sales Manager Salary

5 - 8 years exp. (5 salaries)

₹4.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 17 years exp. (570 salaries)	₹3 L/yr - ₹12 L/yr 22% more	1 job opening
Global Wings Abudhabi Sales Manager Salary 2 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹7 L/yr 19% less
Login to view exact salary
Bajaj Finance Sales Manager Salary 0 - 9 years exp. (103 salaries)	₹2.5 L/yr - ₹8 L/yr 10% less	3 job openings
ICICI Bank Sales Manager Salary 0 - 13 years exp. (54 salaries)	₹2 L/yr - ₹11 L/yr 4% more
Axis Bank Sales Manager Salary 0 - 16 years exp. (300 salaries)	₹3.5 L/yr - ₹14 L/yr 33% more	5 job openings
Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (133 salaries)	₹1.8 L/yr - ₹10.7 L/yr 1% less	1 job opening
SMFG India Credit Sales Manager Salary 1 - 12 years exp. (41 salaries)	₹3.4 L/yr - ₹9.7 L/yr 2% more
Aditya Birla Capital Sales Manager Salary 1 - 10 years exp. (34 salaries)	₹3 L/yr - ₹10.8 L/yr 4% less
Sammaan Capital Limited Sales Manager Salary 4 - 10 years exp. (32 salaries)	₹3.8 L/yr - ₹6.6 L/yr 10% less	7 job openings
Tata Capital Housing Finance Sales Manager Salary 4 - 11 years exp. (20 salaries)	₹3.8 L/yr - ₹11.3 L/yr 17% more
Edelweiss Sales Manager Salary 3 - 12 years exp. (19 salaries)	₹3.6 L/yr - ₹10.5 L/yr 12% more
Login to view exact salary
IIFL Finance Sales Manager Salary 3 - 9 years exp. (14 salaries)	₹2.9 L/yr - ₹7.2 L/yr 25% less	1 job opening
Shriram Finance Sales Manager Salary 5 - 14 years exp. (13 salaries)	₹3.6 L/yr - ₹11.8 L/yr 22% more
L&T Finance Sales Manager Salary 4 - 10 years exp. (13 salaries)	₹3 L/yr - ₹10.5 L/yr 16% more
Muthoot Fincorp Sales Manager Salary 6 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹5.4 L/yr 20% less
Cholamandalam Investment & Finance Sales Manager Salary 5 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4.7 L/yr 34% less
Reliance Capital Sales Manager Salary 1 - 8 years exp. (4 salaries)	₹2.8 L/yr - ₹5.9 L/yr 44% less
PNB Housing Finance Sales Manager Salary 5 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹5.5 L/yr 42% less
Aavas Financiers Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 35% less
IDFC FIRST Bharat Sales Manager Salary 3 - 7 years exp. (4 salaries)	₹3 L/yr - ₹7.7 L/yr 17% less

View all

Sales Manager salary at Mahindra Finance ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Sales Manager salaries in Mumbai

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹11 L/yr
8 years (3 salaries)	₹2.5 L/yr - ₹8 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(64 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Marketing Manager Salary

(5 salaries)

₹12 L/yr - ₹17 L/yr

Area Sales Manager Salary

(5 salaries)

₹8 L/yr - ₹19 L/yr

Top skills at Mahindra Finance for Sales Manager

Lap Sales Mortgage Loans SME mortgage DSA Retail Assets Business Development Auto Loans NBFC Commercial Vehicle Loans Commercial Vehicle Trucks SME Sales lcv

Salary related reviews for Mahindra Finance

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

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Mahindra Finance?

Ask anonymously on communities.

Mahindra Finance Sales Manager Salary FAQs

What is the salary of Sales Manager at Mahindra Finance Mumbai?

Sales Manager salary at Mahindra Finance in Mumbai ranges between ₹4.5 Lakhs to ₹8.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 9% less than the average Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance Mumbai.

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

The average salary of a Sales Manager at Mahindra Finance is 9% less than the average salary of a Sales Manager in Mumbai. To know exact salary insights, login to view.

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

Lap, Sales, Mortgage Loans, SME and mortgage are some of the popular skills required to work as a Sales Manager at Mahindra Finance Mumbai.

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

Kotak Mahindra Prime Sales Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Shriram Finance Sales Manager Salary - ₹3.6 Lakhs to ₹11.8 Lakhs per year
Tata Capital Housing Finance Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year

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

L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Edelweiss Sales Manager Salary - ₹3.6 Lakhs to ₹10.5 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit Sales Manager Salary - ₹3.4 Lakhs to ₹9.7 Lakhs per year
Kotak Mahindra Bank Sales Manager Salary - ₹1.8 Lakhs to ₹10.7 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Mahindra Finance ranges between ₹47,037 per month to ₹48,151 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Sales Manager salary in India which ranges between ₹4.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the Mahindra Finance Sales Managers in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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

Mahindra Finance Sales Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.