Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary46% less than the average Branch Manager Salary in NBFC Companies for 3 - 13 years of experience
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Salaries in different departments
Finance & Accounting
Branch Manager Salary
3 - 13
years
exp.
(56
salaries)
|  ₹2.2 L/yr - ₹8.5 L/yr |
BFSI, Investments & Trading
Branch Manager Salary
4 - 12
years
exp.
(35
salaries)
| ₹2.1 L/yr - ₹6.5 L/yr |
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| |
Sales & Business Development
Branch Manager Salary
4 - 13
years
exp.
(32
salaries)
| ₹2.2 L/yr - ₹7.2 L/yr |
Customer Success, Service & Operations
Branch Manager Salary
3 - 10
years
exp.
(7
salaries)
| ₹2.8 L/yr - ₹6.8 L/yr |
Marketing & Communication
Branch Manager Salary
4 - 10
years
exp.
(6
salaries)
| ₹2.2 L/yr - ₹5.5 L/yr |
Companies similar to Mahindra Finance for Branch Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Bank Branch Manager Salary
5 - 23 years exp. (1.6k salaries) | ₹6.5 L/yr - ₹23 L/yr 
197%
more | 18 job openings |
 ICICI Bank Branch Manager Salary
5 - 21 years exp. (2.3k salaries) | ₹5.4 L/yr - ₹23 L/yr
166%
more | |
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| ||
 Axis Bank Branch Manager Salary
8 - 22 years exp. (325 salaries) | ₹6.4 L/yr - ₹25 L/yr
205%
more | 4 job openings |
 Bajaj Finance Branch Manager Salary
4 - 13 years exp. (170 salaries) | ₹2.9 L/yr - ₹8.9 L/yr
27%
more | 272 job openings |
 Tata Capital Branch Manager Salary
3 - 10 years exp. (56 salaries) | ₹3.3 L/yr - ₹6.4 L/yr 
6%
less | 1 job opening |
 Kotak Mahindra Bank Branch Manager Salary
7 - 20 years exp. (1k salaries) | ₹7 L/yr - ₹26 L/yr
224%
more | 1 job opening |
 IndusInd Bank Branch Manager Salary
7 - 20 years exp. (840 salaries) | ₹6 L/yr - ₹22.8 L/yr
172%
more | 15 job openings |
 IDFC FIRST Bank Branch Manager Salary
6 - 20 years exp. (629 salaries) | ₹6.2 L/yr - ₹26.4 L/yr
209%
more | 4 job openings |
 Yes Bank Branch Manager Salary
7 - 19 years exp. (650 salaries) | ₹6 L/yr - ₹23.5 L/yr
191%
more | 3 job openings |
 RBL Bank Branch Manager Salary
11 - 22 years exp. (238 salaries) | ₹7.2 L/yr - ₹28.5 L/yr
247%
more | 1 job opening |
 IIFL Finance Branch Manager Salary
2 - 16 years exp. (1k salaries) | ₹2.2 L/yr - ₹8 L/yr
9%
more | 8 job openings |
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| ||
 Muthoot Fincorp Branch Manager Salary
2 - 16 years exp. (616 salaries) | ₹1.8 L/yr - ₹6.7 L/yr
13%
less | 1 job opening |
 Muthoot Finance Branch Manager Salary
2 - 18 years exp. (560 salaries) | ₹1.8 L/yr - ₹7.5 L/yr
1%
less | 2 job openings |
 Mahindra Rural Housing Finance Branch Manager Salary
3 - 13 years exp. (365 salaries) | ₹1.9 L/yr - ₹8.5 L/yr
5%
more | |
 HDB Financial Services Branch Manager Salary
6 - 18 years exp. (301 salaries) | ₹4.4 L/yr - ₹14 L/yr
83%
more | 13 job openings |
 Shriram Finance Branch Manager Salary
2 - 14 years exp. (272 salaries) | ₹2.4 L/yr - ₹7.4 L/yr
3%
less | |
 Manappuram Finance Branch Manager Salary
1 - 9 years exp. (225 salaries) | ₹1.8 L/yr - ₹6 L/yr
20%
less | |
 L&T Finance Branch Manager Salary
3 - 9 years exp. (217 salaries) | ₹2.4 L/yr - ₹6.3 L/yr
8%
less | |
 Satin Creditcare Network Branch Manager Salary
3 - 10 years exp. (172 salaries) | ₹2.2 L/yr - ₹4.8 L/yr
30%
less | |
 CreditAccess Grameen Branch Manager Salary
5 - 12 years exp. (154 salaries) | ₹1.9 L/yr - ₹6.5 L/yr
21%
less | |
Latest annual salaries shared by Mahindra Finance Branch Manager
Experience wise Mahindra Finance Branch Manager salaries
Last Updated: 18 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 3 years (3 salaries) |
₹3.8
L/yr
- ₹4.8
L/yr
|
| 4 years (14 salaries) |
₹1.9
L/yr
- ₹7.1
L/yr
|
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| |
| 5 years (17 salaries) |
₹2.4
L/yr
- ₹5.5
L/yr
|
| 6 years (25 salaries) |
₹2.7
L/yr
- ₹5.4
L/yr
|
| 7 years (19 salaries) |
₹2.2
L/yr
- ₹7
L/yr
|
Similar Designation salaries in Mahindra Finance
Top skills at Mahindra Finance for Branch Manager
Salary related reviews for Mahindra Finance
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Top trending discussions
Mahindra Finance Branch Manager Salary FAQs
The top 10% of Branch Manager at Mahindra Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Branch Manager 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 100+ Mahindra Finance employees in India.
- - Branch Management
- - Sales Planning
- - Cross Selling
- - Home Loans
- - Business Development
These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
| RBL Bank | ₹7.2 Lakhs to ₹28.5 Lakhs per year |
| Kotak Mahindra Bank | ₹7.0 Lakhs to ₹26.0 Lakhs per year |
| IDFC FIRST Bank | ₹6.2 Lakhs to ₹26.4 Lakhs per year |
| Axis Bank | ₹6.4 Lakhs to ₹25.0 Lakhs per year |
| HDFC Bank | ₹6.5 Lakhs to ₹23.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
| Yes Bank | ₹6.0 Lakhs to ₹23.5 Lakhs per year |
| IndusInd Bank | ₹6.0 Lakhs to ₹22.8 Lakhs per year |
| ICICI Bank | ₹5.4 Lakhs to ₹23.0 Lakhs per year |
| HDB Financial Services | ₹4.4 Lakhs to ₹14.0 Lakhs per year |
| Aditya Birla Capital | ₹4.2 Lakhs to ₹12.1 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.
| Experience | Average Salary Range |
|---|---|
| 3 years | ₹3.8 Lakhs to ₹4.8 Lakhs per year |
| 4 years | ₹1.9 Lakhs to ₹7.1 Lakhs per year |
| 5 years | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| 6 years | ₹2.7 Lakhs to ₹5.4 Lakhs per year |
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Mahindra Finance Branch Manager salary
in
India
ranges between ₹1.9
Lakh to ₹9
Lakhs with an average annual salary of
₹. Salary estimates are based on
167
Mahindra Finance latest salaries received from various employees of
Mahindra Finance.