Mahindra Finance Indore Sales Officer Salaries by 3 Employees (Updated 2025)

5 - 6 years exp.

₹2.1 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% less than the average Sales Officer Salary in NBFC Companies for 5 - 6 years of experience

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Last Updated: 25 Feb 2025

Companies similar to Mahindra Finance for Sales Officer in Indore

Mahindra Finance Sales Officer Salary

5 - 6 years exp. (3 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Sales Officer Salary 0 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2.6 L/yr 28% less	1 job opening
AU Small Finance Bank Sales Officer Salary 0 - 7 years exp. (24 salaries)	₹1.4 L/yr - ₹3.6 L/yr 13% less	4 job openings
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Yes Bank Sales Officer Salary 0 - 7 years exp. (19 salaries)	₹2 L/yr - ₹3.6 L/yr 11% more	6 job openings
Bandhan Bank Sales Officer Salary 0 - 7 years exp. (12 salaries)	₹1.7 L/yr - ₹3.3 L/yr 16% less
HDFC Securities Sales Officer Salary 0 - 4 years exp. (12 salaries)	₹1.2 L/yr - ₹2.1 L/yr 38% less

Sales Officer salary at Mahindra Finance ranges between ₹2.1 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Sales Officer salaries in Indore

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹8.6 L/yr

Sales Executive Salary

(6 salaries)

₹1.1 L/yr - ₹3.9 L/yr

Salary related reviews for Mahindra Finance

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.

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.

Business Development Executive in Nagaon

Research & Development Department

3.0

• posted on 22 Oct 2021

2.0

for Salary and Benefits

Likes

Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

Skill development - Good

Dislikes

There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

Salary - Poor

+1 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 Officer Salary FAQs

How the salary growth look like for a Sales Officer at Mahindra Finance in Indore?

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

Experience	Average Salary Range
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Mahindra Finance Sales Officer Salaries in Indore

Mahindra Finance Sales Officer salary in Indore ranges between ₹2.1 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.