Mahindra Finance Seles Executive Salaries by 9 Employees

3 - 6 years exp.

₹2.8 Lakhs - ₹3.8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Seles Executive Salary in NBFC Companies for 3 - 6 years of experience

Interested in this particular role?

Last Updated: 4 Oct 2024

Companies similar to Mahindra Finance for Seles Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Seles Executive Salary 0 - 4 years exp. (37 salaries)	₹1.4 L/yr - ₹3.1 L/yr 24% less
HDFC Bank Seles Executive Salary 0 - 6 years exp. (199 salaries)	₹1.2 L/yr - ₹4.3 L/yr 24% less
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Shriram Finance Seles Executive Salary 2 - 7 years exp. (14 salaries)	₹1.6 L/yr - ₹3 L/yr 20% less
L&T Finance Seles Executive Salary 1 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹3.5 L/yr 26% less
Cholamandalam Investment & Finance Seles Executive Salary 0 - 10 years exp. (25 salaries)	₹1.6 L/yr - ₹3.4 L/yr 18% less
Muthoot Finance Seles Executive Salary 2 - 4 years exp. (6 salaries)	₹1.2 L/yr - ₹3 L/yr 35% less
Sammaan Capital Limited Seles Executive Salary 0 - 12 years exp. (11 salaries)	₹1 L/yr - ₹3.2 L/yr 21% less
TVS Credit Seles Executive Salary 2 - 6 years exp. (17 salaries)	₹1.7 L/yr - ₹2.6 L/yr 19% less
IIFL Finance Seles Executive Salary 0 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹3.8 L/yr 22% less
Mahindra Rural Housing Finance Seles Executive Salary 0 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹2.5 L/yr 33% less
Aavas Financiers Seles Executive Salary 0 - 5 years exp. (5 salaries)	₹1.3 L/yr - ₹1.7 L/yr 42% less
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Sundaram Finance Seles Executive Salary 1 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹2.5 L/yr 22% less
LendingKart Seles Executive Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr 5% more
Satin Creditcare Network Seles Executive Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹2.6 L/yr 15% less
Poonawalla Fincorp Seles Executive Salary 0 - 6 years exp. (4 salaries)	₹1.2 L/yr - ₹2.2 L/yr 40% less
Muthoot Fincorp Seles Executive Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.8 L/yr 16% less
Bharat Financial Inclusion Seles Executive Salary 4 - 5 years exp. (3 salaries)	₹1.1 L/yr - ₹3 L/yr 26% less
Manappuram Finance Seles Executive Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.1 L/yr 11% less
Kotak Mahindra Prime Seles Executive Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.9 L/yr 6% less
Capri Global Capital Seles Executive Salary 4 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 33% more

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Seles Executive salary at Mahindra Finance ranges between ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Seles Executive salaries

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr
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5 years (3 salaries)	₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.7 L/yr

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Salary related reviews for Mahindra Finance

4.3

Rated by 9 employees for salary & benefits

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

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Seles Executive Salary FAQs

What is the salary of Seles Executive at Mahindra Finance ?

The average salary of a Seles Executive at Mahindra Finance in India typically ranges from ₹2.8 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Seles Executive at Mahindra Finance earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Seles 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 9 Mahindra Finance employees in India.

What is the estimated take home salary of a Seles Executive at Mahindra Finance in India?

The estimated take-home salary of a Seles Executive at Mahindra Finance in India typically ranges from ₹20,803 to ₹22,454 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 3 years to 6 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 9 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Seles Executive in India?

Capri Global Capital	₹3.5 Lakhs to ₹4.5 Lakhs per year
LendingKart	₹3.0 Lakhs to ₹3.2 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 Seles Executive in companies similar to Mahindra Finance in India?

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

Kotak Mahindra Prime	₹2.0 Lakhs to ₹2.9 Lakhs per year
Manappuram Finance	₹2.5 Lakhs to ₹3.1 Lakhs per year
Satin Creditcare Network	₹2.3 Lakhs to ₹2.6 Lakhs per year
Muthoot Fincorp	₹2.0 Lakhs to ₹2.8 Lakhs per year
Cholamandalam Investment & Finance	₹1.6 Lakhs to ₹3.4 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 Seles Executive at Mahindra Finance in India?

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

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.3 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
6 years	₹1.2 Lakhs to ₹3.7 Lakhs per year

and so on.

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Mahindra Finance Seles Executive Salaries

Mahindra Finance Seles Executive salary in India ranges between ₹2.8 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Mahindra Finance latest salaries received from various employees of Mahindra Finance.