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Mahindra Finance Branch Manager salaries in India (Updated 2025)

Annual salary range
3 - 14 years exp.
₹2.1 Lakhs - ₹9.1 Lakhs
Salary of majority employees
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43% less than the average Branch Manager Salary in NBFC Companies for 3 - 14 years of experience

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Salaries in different departments

Finance & Accounting
Branch Manager Salary
3 - 13 years exp. (53 salaries)
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₹2.2 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Branch Manager Salary
4 - 12 years exp. (35 salaries)
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₹2.1 L/yr - ₹8 L/yr

Sales & Business Development
Branch Manager Salary
4 - 14 years exp. (32 salaries)
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₹2.2 L/yr - ₹9.1 L/yr

Customer Success, Service & Operations
Branch Manager Salary
3 - 10 years exp. (7 salaries)
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₹2.8 L/yr - ₹6.8 L/yr

Marketing & Communication
Branch Manager Salary
4 - 10 years exp. (6 salaries)
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₹2.2 L/yr - ₹5.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Mahindra Finance for Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.6k salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 182% more
5 job openings
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (2.3k salaries)

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₹5.4 L/yr - ₹23 L/yr

arrow icon 153% more
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Axis Bank Branch Manager Salary

8 - 22 years exp. (323 salaries)

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₹6.2 L/yr - ₹23 L/yr

arrow icon 190% more
2 job openings
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Bajaj Finance Branch Manager Salary

4 - 13 years exp. (162 salaries)

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₹2.9 L/yr - ₹8.9 L/yr

arrow icon 22% more
106 job openings
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Tata Capital Branch Manager Salary

3 - 10 years exp. (57 salaries)

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₹3.3 L/yr - ₹7.9 L/yr

arrow icon 10% less
3 job openings
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹25.6 L/yr

arrow icon 205% more
1 job opening
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IndusInd Bank Branch Manager Salary

6 - 22 years exp. (1.1k salaries)

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₹6.1 L/yr - ₹24.9 L/yr

arrow icon 181% more
17 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (630 salaries)

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₹6.3 L/yr - ₹26 L/yr

arrow icon 193% more
7 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (649 salaries)

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₹6 L/yr - ₹22.9 L/yr

arrow icon 177% more
3 job openings
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RBL Bank Branch Manager Salary

11 - 22 years exp. (322 salaries)

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₹7.4 L/yr - ₹28.5 L/yr

arrow icon 230% more
7 job openings
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IIFL Finance Branch Manager Salary

2 - 16 years exp. (1k salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 4% more
2 job openings
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Muthoot Fincorp Branch Manager Salary

3 - 16 years exp. (731 salaries)

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₹1.3 L/yr - ₹6.4 L/yr

arrow icon 19% less
4 job openings
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Muthoot Finance Branch Manager Salary

2 - 18 years exp. (562 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 6% less
2 job openings
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₹1.9 L/yr - ₹8 L/yr

arrow icon 1% less
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HDB Financial Services Branch Manager Salary

6 - 18 years exp. (307 salaries)

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₹4.4 L/yr - ₹13.2 L/yr

arrow icon 73% more
20 job openings
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Shriram Finance Branch Manager Salary

2 - 14 years exp. (270 salaries)

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₹2.4 L/yr - ₹7.1 L/yr

arrow icon 9% less
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Manappuram Finance Branch Manager Salary

1 - 9 years exp. (226 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 24% less
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L&T Finance Branch Manager Salary

3 - 9 years exp. (220 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 13% less
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Satin Creditcare Network Branch Manager Salary

0 - 10 years exp. (176 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 33% less
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CreditAccess Grameen Branch Manager Salary

5 - 12 years exp. (149 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 25% less
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Branch Manager salary at Mahindra Finance ranges between ₹2.1 Lakhs to ₹9.1 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 163 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Manager

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7 years exp.

Experience wise Mahindra Finance Branch Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3.8 L/yr - ₹4.8 L/yr
4 years  (13 salaries)

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₹2 L/yr - ₹7.1 L/yr
5 years  (16 salaries)

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₹2.4 L/yr - ₹5 L/yr
6 years  (24 salaries)

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₹2.7 L/yr - ₹5.4 L/yr
7 years  (18 salaries)

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₹2.2 L/yr - ₹7 L/yr
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Similar Designation salaries in Mahindra Finance

Area Manager Salary
(96 salaries)
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₹3.08 L/yr - ₹12.5 L/yr
Credit Manager Salary
(88 salaries)
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₹2.3 L/yr - ₹12.01 L/yr
Sales Manager Salary
(107 salaries)
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₹2.35 L/yr - ₹8.2 L/yr
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₹2.5 L/yr - ₹14 L/yr
Branch Head Salary
(19 salaries)
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₹2.5 L/yr - ₹8.5 L/yr
Deputy Manager Salary
(234 salaries)
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₹4.04 L/yr - ₹11.5 L/yr
Chief Manager Salary
(42 salaries)
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₹15 L/yr - ₹30 L/yr
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₹3.5 L/yr - ₹6.5 L/yr
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₹3.1 L/yr - ₹5 L/yr
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₹5.2 L/yr - ₹9.45 L/yr

Top skills at Mahindra Finance for Branch Manager

Branch Management Sales Planning Cross Selling Home Loans Business Development Team Management Grievance Handling Branch Operations Branch Sales Branch Banking Dealer Management Retail Branch Banking FD Branch Operations Customer Handling
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Salary related reviews for Mahindra Finance

3.9

Rated by 52 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

Can learn everything thing

  • Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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.

read more

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.

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

  • Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

read more
  • Salary - Bad
  • +4 more
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Mahindra Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Mahindra Finance?
Branch Manager salary at Mahindra Finance in India ranges between ₹2.1 Lakhs to ₹9.1 Lakhs for experience between 3 years to 14 years. According to our estimates it is 43% less than the average Branch Manager Salary in India. Salary estimates are based on 163 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Branch Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Branch Manager at Mahindra Finance is 43% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Manager at Mahindra Finance?
Branch Management, Sales Planning, Cross Selling, Home Loans and Business Development are some of the popular skills required to work as a Branch Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a Branch Manager in India?
  • RBL Bank Branch Manager Salary - ₹7.4 Lakhs to ₹28.5 Lakhs per year
  • Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Branch Manager in companies similar to Mahindra Finance in India?
  • IndusInd Bank Branch Manager Salary - ₹6.1 Lakhs to ₹24.9 Lakhs per year
  • Yes Bank Branch Manager Salary - ₹6.0 Lakhs to ₹22.9 Lakhs per year
  • ICICI Bank Branch Manager Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year
  • HDB Financial Services Branch Manager Salary - ₹4.4 Lakhs to ₹13.2 Lakhs per year
  • Aditya Birla Capital Branch Manager Salary - ₹4.5 Lakhs to ₹12.1 Lakhs per year
What is the estimated take home salary of a Branch Manager at Mahindra Finance in India?
The estimated take-home salary of a Branch Manager at Mahindra Finance ranges between ₹39,445 per month to ₹40,619 per month in India. The take-home salary calculation is based on the average Mahindra Finance Branch Manager salary in India which ranges between ₹2.1 Lakhs to ₹9.1 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Mahindra Finance?
According to AmbitionBox, 70% of the Mahindra Finance Branch Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 115 responses on AmbitionBox in last 2 years.

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Mahindra Finance Branch Manager salary in India ranges between ₹2.1 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 163 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

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