Mahindra Finance Branch Executive Salaries by 7 Employees

1 - 6 years exp.

₹1.9 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Branch Executive Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Branch Executive Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr
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Sales & Business Development Branch Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 6 Dec 2024

Companies similar to Mahindra Finance for Branch Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Executive Salary 0 - 4 years exp. (6 salaries)	₹1.5 L/yr - ₹3 L/yr 28% less
Shriram Finance Branch Executive Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹2.6 L/yr 10% less
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L&T Finance Branch Executive Salary 0 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3.5 L/yr 10% less
Muthoot Finance Branch Executive Salary 1 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹2 L/yr 47% less
Kosamattam Finance Branch Executive Salary 0 - 6 years exp. (235 salaries)	₹1 L/yr - ₹3 L/yr 31% less

Branch Executive salary at Mahindra Finance ranges between ₹1.9 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Branch Executive salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹1.9 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
5 years (3 salaries)	₹1.4 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

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Salary related reviews for Mahindra Finance

3.9

Rated by 2 employees for salary & benefits

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.

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 more

Finance Executive in Haryana ,Rohtak

BFSI, Investments & Trading Department

4.0

• posted on 01 May 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Job security - Bad

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Branch Executive Salary FAQs

What is the salary of Branch Executive at Mahindra Finance ?

The average salary of a Branch Executive at Mahindra Finance in India typically ranges from ₹1.9 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Branch Executive at Mahindra Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Branch Executive 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 7 Mahindra Finance employees in India.

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

The estimated take-home salary of a Branch Executive at Mahindra Finance in India typically ranges from ₹19,945 to ₹21,609 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

L&T Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹2.6 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹3.0 Lakhs per year
Kosamattam Finance	₹1.0 Lakhs to ₹3.0 Lakhs per year
Muthoot Finance	₹1.2 Lakhs to ₹2.0 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 Branch Executive at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹1.9 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.0 Lakhs to ₹3.0 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.1 Lakhs per year

and so on.

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Mahindra Finance Branch Executive Salaries

Mahindra Finance Branch Executive salary in India ranges between ₹1.9 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Finance latest salaries received from various employees of Mahindra Finance.