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Mahindra Finance Branch Manager salaries in Aurangabad

Annual salary range
4 - 10 years exp.
₹2.3 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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33% less than the average Branch Manager Salary in NBFC Companies for 4 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Branch Manager Salary
5 - 10 years exp. (8 salaries)
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₹2.8 L/yr - ₹5.1 L/yr

Sales & Business Development
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹5.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Branch Manager in Aurangabad

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Mahindra Finance Branch Manager Salary

4 - 10 years exp. (11 salaries)

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₹2.3 L/yr - ₹5.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.9 L/yr - ₹7.4 L/yr

arrow icon 5% more
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CreditAccess Grameen Branch Manager Salary

5 - 9 years exp. (10 salaries)

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₹3 L/yr - ₹7 L/yr

arrow icon 10% less
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Edelweiss Branch Manager Salary

9 - 11 years exp. (3 salaries)

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₹7 L/yr - ₹7.6 L/yr

arrow icon 51% more
1 job opening
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IDFC FIRST Bharat Branch Manager Salary

5 - 12 years exp. (3 salaries)

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₹3.6 L/yr - ₹5.5 L/yr

arrow icon 8% more
Branch Manager salary at Mahindra Finance ranges between ₹2.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Manager in Aurangabad

1y ago
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7 years exp.
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6 years exp.
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6 years exp.
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9 years exp.
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4 years exp.
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6 years exp.
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7 years exp.
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10 years exp.
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5 years exp.

Experience wise Mahindra Finance Branch Manager salaries in Aurangabad

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.9 L/yr
5 years  (3 salaries)

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₹2.6 L/yr - ₹4.3 L/yr
6 years  (3 salaries)

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₹3 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
View all
Mahindra Finance Branch Manager Salary and Career Growth

From

To

Branch Manager

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3 - 14 years exp.

Divisional Manager

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10 - 22 years exp.

Branch Manager 3 - 14 years exp.
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Area Collection Manager 7 - 18 years exp.
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arrow icon 25% hike
Area Business Manager 4 - 18 years exp.
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arrow icon 30% hike

View more

From

2 more levels

To

Branch Manager

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3 - 14 years exp.

State Head

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14 - 23 years exp.

View 1 more career path

Similar Designation salaries in Mahindra Finance

Sales Manager Salary
(4 salaries)
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₹2.35 L/yr - ₹7.1 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

Salary related reviews for Mahindra Finance

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

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.

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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

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.

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.

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BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

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Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

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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.

read more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

read more
see more salary related reviews

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Mahindra Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Mahindra Finance Aurangabad?
Branch Manager salary at Mahindra Finance in Aurangabad ranges between ₹2.3 Lakhs to ₹5.1 Lakhs for experience between 4 years to 10 years. According to our estimates it is 33% less than the average Branch Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Finance Aurangabad.
How does the salary of a Branch Manager at Mahindra Finance Aurangabad compare with the average salary range for this job?
The average salary of a Branch Manager at Mahindra Finance is 33% less than the average salary of a Branch Manager in Aurangabad. 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 Aurangabad.
Which similar companies are paying more than Mahindra Finance to a Branch Manager in Aurangabad?
  • Edelweiss Branch Manager Salary - ₹7.0 Lakhs to ₹7.6 Lakhs per year
  • IDFC FIRST Bharat Branch Manager Salary - ₹3.6 Lakhs to ₹5.5 Lakhs per year
  • Mahindra Rural Housing Finance Branch Manager Salary - ₹1.9 Lakhs to ₹7.4 Lakhs per year
What is the salary of a Branch Manager in companies similar to Mahindra Finance in Aurangabad?
  • CreditAccess Grameen Branch Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Mahindra Finance in Aurangabad?
The estimated take-home salary of a Branch Manager at Mahindra Finance ranges between ₹34,826 per month to ₹36,069 per month in Aurangabad. The take-home salary calculation is based on the average Mahindra Finance Branch Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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Mahindra Finance Branch Manager salary in Aurangabad ranges between ₹2.3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Mahindra Finance latest salaries received from various employees of Mahindra Finance.