Volvo Financial Services Mumbai Salaries by 10+ Employees

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Designation	Avg Annual Salary	Open Jobs
State Head Credit 12 - 14 years exp. · Mumbai (3 salaries)	₹14.1 L/yr - ₹18 L/yr
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State Sales Manager 16 years exp. · Mumbai (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
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Starting your career? Discover Volvo Financial Services fresher salaries in India
Regional Credit Manager 15 years exp. · Mumbai (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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Zonal Sales Manager 20 years exp. · Mumbai (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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Deputy Manager 13 years exp. · Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Head Finance & Accounts 17 years exp. · Mumbai (AmbitionBox Estimate)	₹47.5 L/yr - ₹52.5 L/yr
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Area Sales Manager 13 years exp. · Mumbai (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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Market Development Manager 20 years exp. · Mumbai (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
Starting your career? Discover Volvo Financial Services fresher salaries in India

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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 Volvo Financial Services

Process Leader in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2023

5.0

for Salary and Benefits

Likes

The best part of Volvo is no limits if you wants to learn more and others domain work. There is scope to enhance your knowledge.

Salary - Excellent

+3 more

Dislikes

Career growth and promotion is not based on your talent or skill , it's based on your rapo with your manager. Most of the manager are very old and they won't leave organisation until retirement.

Job security - Poor

+2 more

Senior Manager Information Technology in Bangalore / Bengaluru

Project & Program Management Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

Great work culture of collaboration, work-life balance and great learning experience

Salary - Excellent

+6 more

Dislikes

Would be great if there are more travel opportunities to other countries for greater exposure to processes and cultures.

Sales Head in Bangalore / Bengaluru

Strategic & Top Management Department

4.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

There is a sense of pride in working with the Volvo Group..VFS , in particular is process driven and is highly customer focussed. VFS fosters a culture of inclusiveness, equal opportunity provider while treating each employee with respect.

Salary - Good

+6 more

Dislikes

Sometimes the strength of the organisation is its weakness. I find at times, process of decision making is long drawn.

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Average annual salary in Volvo Financial Services , Mumbai is INR . Salary estimates are based on 10+ Volvo Financial Services latest salaries received from various employees of Volvo Financial Services.