Mahindra Finance Branch Head and Manager Salaries by 4 Employees (Updated 2025)

2 - 5 years exp.

₹4.2 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Branch Head and Manager Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

Finance & Accounting Branch Head and Manager Salary 2 - 5 years exp. (3 salaries)	₹5.4 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Branch Head and Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.7 L/yr

Last Updated: 7 Dec 2024

Companies similar to Mahindra Finance for Branch Head and Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Head and Manager Salary 6 - 21 years exp. (6 salaries)	₹10 L/yr - ₹15.5 L/yr 137% more
Muthoot Finance Branch Head and Manager Salary 8 - 12 years exp. (4 salaries)	₹3.4 L/yr - ₹6 L/yr 10% less
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Manappuram Finance Branch Head and Manager Salary 0 - 4 years exp. (21 salaries)	₹2 L/yr - ₹4.8 L/yr 37% less
Aavas Financiers Branch Head and Manager Salary 7 - 18 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr 33% more
Federal Bank Branch Head and Manager Salary 4 - 12 years exp. (47 salaries)	₹10 L/yr - ₹21 L/yr 201% more

Branch Head and Manager salary at Mahindra Finance ranges between ₹4.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Branch Head and Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

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Salary related reviews for Mahindra Finance

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

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.

Business Development Executive in Nagaon

Research & Development Department

3.0

• posted on 22 Oct 2021

2.0

for Salary and Benefits

Likes

Work environment is good, Teammates are also good and management is average.company appraisal was not good.Company leave policies are good.

Skill development - Good

Dislikes

There is a lot of issues and the management doesn't address our issue and growth. Salary is decent type but career growth is too much slow..On the job training also was not given to new joinees...just show off...

Salary - Poor

+1 more

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Salary - Excellent

+5 more

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

see more salary related reviews

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra Finance Branch Head and Manager Salary FAQs

What is the salary of Branch Head and Manager at Mahindra Finance?

Branch Head and Manager salary at Mahindra Finance in India ranges between ₹4.2 Lakhs to ₹6.5 Lakhs for experience between 2 years to 5 years. According to our estimates it is 59% less than the average Branch Head and 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 Branch Head and Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Branch Head and Manager at Mahindra Finance is 59% less than the average salary of a Branch Head and Manager in India. To know exact salary insights, login to view.

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

Federal Bank Branch Head and Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
HDFC Bank Branch Head and Manager Salary - ₹10.0 Lakhs to ₹15.5 Lakhs per year
Aavas Financiers Branch Head and Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year

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

Muthoot Finance Branch Head and Manager Salary - ₹3.4 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance Branch Head and Manager Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year

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

The estimated take-home salary of a Branch Head and Manager at Mahindra Finance ranges between ₹40,632 per month to ₹41,788 per month in India. The take-home salary calculation is based on the average Mahindra Finance Branch Head and Manager salary in India which ranges between ₹4.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Mahindra Finance Branch Head and Managers reported a notice period of 2 Months, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Branch Head and Manager Salaries

Mahindra Finance Branch Head and Manager salary in India ranges between ₹4.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.