Mahindra Finance Senior Manager Salaries by 70+ Employees

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Finance & Accounting BFSI, Investments & Trading Sales & Business Development Customer Success, Service & Operations + 6 more

Designation	Avg Annual Salary	Open Jobs
Senior Manager 4 - 13 years exp. (66 salaries)	₹9.7 L/yr - ₹29.6 L/yr
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Area Business Manager 5 - 18 years exp. (382 salaries)	₹3.8 L/yr - ₹15 L/yr	3 job openings
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Deputy Manager 0 - 15 years exp. (341 salaries)	₹4 L/yr - ₹12 L/yr	1 job opening
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Sales Executive 0 - 9 years exp. (236 salaries)	₹1.1 L/yr - ₹4.8 L/yr	3 job openings
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Branch Manager 5 - 14 years exp. (152 salaries)	₹2.2 L/yr - ₹9 L/yr
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Sales Manager 4 - 11 years exp. (108 salaries)	₹2.4 L/yr - ₹8.5 L/yr	1 job opening
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Area Manager 5 - 19 years exp. (92 salaries)	₹3.5 L/yr - ₹14.1 L/yr
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Relationship Manager 1 - 10 years exp. (87 salaries)	₹2.2 L/yr - ₹6 L/yr
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Area Sales Manager 1 - 15 years exp. (76 salaries)	₹4.2 L/yr - ₹16.3 L/yr	1 job opening
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Senior Sales Executive 3 - 10 years exp. (69 salaries)	₹2.1 L/yr - ₹5.5 L/yr
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Sales Officer 1 - 7 years exp. (55 salaries)	₹1.7 L/yr - ₹4.6 L/yr
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Team Lead 4 - 10 years exp. (35 salaries)	₹2.2 L/yr - ₹5.5 L/yr
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Regional Manager 11 - 18 years exp. (25 salaries)	₹7.5 L/yr - ₹30 L/yr
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Business Manager 3 - 10 years exp. (21 salaries)	₹2.5 L/yr - ₹10.8 L/yr	1 job opening
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Territory Manager 7 - 16 years exp. (12 salaries)	₹5 L/yr - ₹10.3 L/yr
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Marketing Manager 4 - 13 years exp. (9 salaries)	₹12 L/yr - ₹17 L/yr
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Senior Sales Manager 5 - 9 years exp. (6 salaries)	₹7.5 L/yr - ₹10.5 L/yr
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Zonal Sales Manager 13 - 23 years exp. (5 salaries)	₹30 L/yr - ₹58 L/yr
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Territory Sales Manager 9 - 11 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr
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Store Manager 2 - 13 years exp. (3 salaries)	₹5 L/yr - ₹26.5 L/yr
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Business Executive 0 - 9 years exp. (306 salaries)	₹1.2 L/yr - ₹5 L/yr	1 job opening
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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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Salary related reviews for Mahindra Finance

3.5

Rated by 26 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

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.

Salary - Excellent

+5 more

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

Promotions - Good

+1 more

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

Salary - Poor

+2 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.

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

Salary - Good

+1 more

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

Skill development - Poor

+3 more

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Average annual salary for Senior Manager in Mahindra Finance is INR . Salary estimates are based on 70+ Mahindra Finance latest salaries received from various employees of Mahindra Finance.