Mahindra Finance SME Manager Salaries by 4 Employees (Updated 2025)

4 - 8 years exp.

₹4.1 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

57% less than the average SME Manager Salary in NBFC Companies for 4 - 8 years of experience

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Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for SME Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance SME Manager Salary 1 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹6 L/yr 14% less
Shriram Finance SME Manager Salary 1 - 7 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 57% less
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Axis Bank SME Manager Salary 0 - 14 years exp. (14 salaries)	₹5.5 L/yr - ₹12.9 L/yr 104% more
HSBC Group SME Manager Salary 5 - 12 years exp. (12 salaries)	₹8.3 L/yr - ₹13 L/yr 183% more
KnowledgeHut SME Manager Salary 5 - 9 years exp. (9 salaries)	₹7 L/yr - ₹10 L/yr 69% more

SME Manager salary at Mahindra Finance ranges between ₹4.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance SME Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
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6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.4 L/yr

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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

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Salary - Excellent

+6 more

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

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 Associate in Warangal

Full Time

Finance & Accounting Department

1.0

• posted on 11 Feb 2023

1.0

for Salary and Benefits

Likes

There is no nothing to like at Mahindra and Mahindra financial services.

Dislikes

... blocking linked to business for last 6 months collection OD or unpaid cases. 5. Low salary package, and ABM's and DM's preferred person only will get appraisals. 6. Not considering employees constituency performance. 7. Multiple type's work load & No proper timings 8. Poor skills of ABM's, not giving support to Executive's. 9. One executive sourcing the business files from their hardwork, DM's & ABM's easily taken the files from that executive with their attitude, and kept in other executive code. 10. There is no work freedom for executive. DM's and ABM's theft the work from executives, and credit goes comes under limits. Finally Employee's are suffering & losses lots of believe on company and hating this organisation due to their personal benefits.

Salary - Bad

+6 more

Back Office Executive in Faizabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

ONLY TO KNOW THAT HOW NBFC ARE WORKING AND WHAT ARE THIER PROCEDURE TO FIVE LOAN TO THE CUSTOMERS..

Dislikes

NO FAIR APRRAISAL & PROMOTIONS TO THE EMPLOYEES. IN A VERY SMALL SALARY LOTS OF WORK TO THE EMPLOYEE...AND MOST IMPORTANTLY FAVOURTISM AND REFERENCES WORKS INSTEAD OF HARDWORK HERE...

Salary - Bad

+6 more

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Mahindra Finance SME Manager Salary FAQs

What is the salary of SME Manager at Mahindra Finance ?

The average salary of a SME Manager at Mahindra Finance in India typically ranges from ₹4.1 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of SME Manager at Mahindra Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. SME Manager 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 4 Mahindra Finance employees in India.

What is the estimated take home salary of a SME Manager at Mahindra Finance in India?

The estimated take-home salary of a SME Manager at Mahindra Finance in India typically ranges from ₹32,420 to ₹33,698 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 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 SME Manager in India?

HSBC Group	₹8.3 Lakhs to ₹13.0 Lakhs per year
Axis Bank	₹5.5 Lakhs to ₹12.9 Lakhs per year
KnowledgeHut	₹7.0 Lakhs to ₹10.0 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 SME Manager in companies similar to Mahindra Finance in India?

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

Bajaj Finance	₹1.6 Lakhs to ₹6.0 Lakhs per year
Shriram Finance	₹1.6 Lakhs to ₹2.1 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 SME Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹4.5 Lakhs to ₹4.5 Lakhs per year
6 years	₹1.8 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Mahindra Finance SME Manager Salaries

Mahindra Finance SME Manager salary in India ranges between ₹4.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.