Mahindra Finance Area Branch Manager Salaries by 4 Employees (Updated 2024)

10 - 16 years exp.

₹5.8 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Area Branch Manager Salary in NBFC Companies for 10 - 16 years of experience

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Salaries in different departments

Finance & Accounting Area Branch Manager Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.4 L/yr
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BFSI, Investments & Trading Area Branch Manager Salary 16 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.4 L/yr

Last Updated: 14 Oct 2024

Companies similar to Mahindra Finance for Area Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Branch Manager Salary 0 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹8.7 L/yr 33% less
Cholamandalam Investment & Finance Area Branch Manager Salary 10 - 11 years exp. (6 salaries)	₹8 L/yr - ₹11.5 L/yr 37% more
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SYSKA LED Lights Area Branch Manager Salary 16 - 20 years exp. (8 salaries)	₹14 L/yr - ₹16.1 L/yr 108% more
SBFC Finance Area Branch Manager Salary 5 - 8 years exp. (6 salaries)	₹5.2 L/yr - ₹7 L/yr 22% less
Avodha Edutech Area Branch Manager Salary 2 - 9 years exp. (5 salaries)	₹6 L/yr - ₹7.5 L/yr 9% less

Area Branch Manager salary at Mahindra Finance ranges between ₹5.8 Lakhs to ₹8.4 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Area Branch Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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12 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
14 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹8.4 L/yr

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Salary related reviews for Mahindra Finance

3.0

Rated by 1 employees for salary & benefits

Area Branch Manager in Jhansi

Full Time

FES Loan (Tractor, Harvester, agriculture equipment) Department

3.0

• posted on 14 Feb 2019

3.0

for Salary and Benefits

Likes

Leading NBFC is in India & feeling good that I am a part of this company.

Dislikes

Biased in salary for the same disignation, no training session, company expectation is very high from the employee but ignore the employee expectation.

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

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

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.

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

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

Area Business Manager in Pondicherry / Puducherry

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

The company is good company where you can learn about business and collection. Employees are friendly and you will get good salary and hike. Only problem is work life balance which you can't handle well when you work in MMFSL

Dislikes

Work life balance

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Area Branch Manager Salary FAQs

What is the salary of Area Branch Manager at Mahindra Finance?

Area Branch Manager salary at Mahindra Finance in India ranges between ₹5.8 Lakhs to ₹8.4 Lakhs for experience between 10 years to 16 years. According to our estimates it is 26% less than the average Area Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Area Branch Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Area Branch Manager at Mahindra Finance is 26% less than the average salary of a Area Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Area Branch Manager in India?

SYSKA LED Lights Area Branch Manager Salary - ₹14.0 Lakhs to ₹16.1 Lakhs per year
Cholamandalam Investment & Finance Area Branch Manager Salary - ₹8.0 Lakhs to ₹11.5 Lakhs per year

What is the salary of a Area Branch Manager in companies similar to Mahindra Finance in India?

Avodha Edutech Area Branch Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
SBFC Finance Area Branch Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance Area Branch Manager Salary - ₹2.9 Lakhs to ₹8.7 Lakhs per year

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

The estimated take-home salary of a Area Branch Manager at Mahindra Finance ranges between ₹55,889 per month to ₹57,290 per month in India. The take-home salary calculation is based on the average Mahindra Finance Area Branch Manager salary in India which ranges between ₹5.8 Lakhs to ₹8.4 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Branch Manager at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance Area Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Area Branch Manager Salaries

Mahindra Finance Area Branch Manager salary in India ranges between ₹5.8 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.