Mahindra Finance Mumbai Sales Manager Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Salary of majority employees

29% 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)	₹4.4 L/yr - ₹8 L/yr
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Sales & Business Development Sales Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹8 L/yr

Last Updated: 18 Jan 2025

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 - 16 years exp. (571 salaries)	₹3.5 L/yr - ₹13 L/yr 57% more	2 job openings
Global Wings Abudhabi Sales Manager Salary 2 - 15 years exp. (3 salaries)	₹3.6 L/yr - ₹7 L/yr 21% more
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Bajaj Finance Sales Manager Salary 0 - 9 years exp. (102 salaries)	₹2.5 L/yr - ₹8 L/yr 19% more	1 job opening
ICICI Bank Sales Manager Salary 0 - 13 years exp. (53 salaries)	₹2 L/yr - ₹11 L/yr 36% more
Axis Bank Sales Manager Salary 0 - 16 years exp. (304 salaries)	₹3.6 L/yr - ₹14 L/yr 70% more	4 job openings
Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (129 salaries)	₹1.8 L/yr - ₹10 L/yr 25% more
HDB Financial Services Sales Manager Salary 0 - 13 years exp. (86 salaries)	₹1.9 L/yr - ₹6.5 L/yr 20% less	6 job openings
SMFG India Credit Sales Manager Salary 3 - 12 years exp. (40 salaries)	₹3.4 L/yr - ₹9.7 L/yr 7% more
Aditya Birla Capital Sales Manager Salary 1 - 10 years exp. (34 salaries)	₹3 L/yr - ₹10.8 L/yr 22% more
Sammaan Capital Limited Sales Manager Salary 4 - 10 years exp. (30 salaries)	₹4.1 L/yr - ₹6.6 L/yr 8% more	6 job openings
Tata Capital Housing Finance Sales Manager Salary 4 - 11 years exp. (20 salaries)	₹3.8 L/yr - ₹11.3 L/yr 51% more
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Edelweiss Sales Manager Salary 3 - 12 years exp. (14 salaries)	₹4.4 L/yr - ₹8.8 L/yr 41% more
IIFL Finance Sales Manager Salary 3 - 9 years exp. (14 salaries)	₹2.9 L/yr - ₹7.2 L/yr 3% less
L&T Finance Sales Manager Salary 4 - 10 years exp. (13 salaries)	₹3 L/yr - ₹10.5 L/yr 43% more	3 job openings
Shriram Finance Sales Manager Salary 5 - 13 years exp. (11 salaries)	₹5 L/yr - ₹11.8 L/yr 42% more
Cholamandalam Investment & Finance Sales Manager Salary 5 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹5.3 L/yr 1% more	1 job opening
Muthoot Fincorp Sales Manager Salary 6 - 11 years exp. (4 salaries)	₹3.8 L/yr - ₹5.4 L/yr 8% more	1 job opening
PNB Housing Finance Sales Manager Salary 5 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr 10% less
Aavas Financiers Sales Manager Salary 4 - 9 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 11% less
IDFC FIRST Bharat Sales Manager Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.7 L/yr At par

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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: 18 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
8 years (3 salaries)	₹2 L/yr - ₹8 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(65 salaries)

₹4.2 L/yr - ₹11.5 L/yr

Marketing Manager Salary

(5 salaries)

₹12 L/yr - ₹17 L/yr

Area Sales Manager Salary

(4 salaries)

₹8 L/yr - ₹16.35 L/yr

Top skills at Mahindra Finance for Sales Manager

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

Salary related reviews for Mahindra Finance

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.

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

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

see more salary related reviews

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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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 29% 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 29% 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, Mortgage Loans, Sales, 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 - ₹3.6 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Sales Manager Salary - ₹3.8 Lakhs to ₹11.3 Lakhs per year
L&T Finance Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year

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

Shriram Finance Sales Manager Salary - ₹5.0 Lakhs to ₹11.8 Lakhs per year
Edelweiss Sales Manager Salary - ₹4.4 Lakhs to ₹8.8 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Bank Sales Manager Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Capital Sales Manager Salary - ₹3.0 Lakhs to ₹10.8 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 ₹36,052 per month to ₹37,276 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.

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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.