Mahindra Finance Service Manager Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹3.1 Lakhs - ₹3.9 Lakhs

Low Confidence

Salary of majority employees

57% less than the average Service Manager Salary in NBFC Companies for 1 - 3 years of experience

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Last Updated: 9 Jun 2023

Companies similar to Mahindra Finance for Service Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Service Manager Salary 1 - 3 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr 7% less
HDFC Bank Service Manager Salary 3 - 11 years exp. (70 salaries)	₹3 L/yr - ₹9.5 L/yr 75% more
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IIFL Finance Service Manager Salary 3 - 16 years exp. (5 salaries)	₹3 L/yr - ₹9 L/yr 83% more
SMFG India Credit Service Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 2% less
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (216 salaries)	₹3.5 L/yr - ₹14 L/yr 139% more

Service Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹3.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Service Manager salaries

Last Updated: 9 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in Mahindra Finance

Area Service Manager Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.7 L/yr

Area Manager Salary

(96 salaries)

₹3.08 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(234 salaries)

₹4.04 L/yr - ₹11.5 L/yr

Territory Manager Salary

(12 salaries)

₹5 L/yr - ₹10.25 L/yr

Sales Manager Salary

(107 salaries)

₹2.35 L/yr - ₹8.2 L/yr

Workshop Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Service Supervisor Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Customer Service Manager Salary

(30 salaries)

₹1.75 L/yr - ₹4.53 L/yr

Senior Engineer Salary

(3 salaries)

₹10 L/yr - ₹38 L/yr

Top skills at Mahindra Finance for Service Manager

Negotiation Communication Skills Interpersonal Communication

Salary related reviews for Mahindra Finance

5.0

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

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.

Customer Relationship Manager in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent..

Salary - Excellent

+4 more

Dislikes

Basic salary is very low and career growth is slow. Appraisals are not fair and they give less salary hike

Promotions - Poor

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.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Finance Service Manager Salary FAQs

What is the notice period for Service Manager at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Service Managers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Finance Service Manager Salaries

Mahindra Finance Service Manager salary in India ranges between ₹3.1 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.