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Mahindra Finance Branch Manager salaries in Kolkata (Updated 2025)

Annual salary range
4 - 10 years exp.
₹4.8 Lakhs - ₹7.1 Lakhs
Salary of majority employees
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46% less than the average Branch Manager Salary in NBFC Companies for 4 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Branch Manager Salary
9 - 10 years exp. (4 salaries)
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₹4.8 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.7 L/yr

Sales & Business Development
Branch Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹7.1 L/yr

Last Updated: 13 Feb 2025

Companies similar to Mahindra Finance for Branch Manager in Kolkata

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Mahindra Finance Branch Manager Salary

4 - 10 years exp. (6 salaries)

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₹4.8 L/yr - ₹7.1 L/yr

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

5 - 23 years exp. (234 salaries)

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₹6 L/yr - ₹23.6 L/yr

arrow icon 149% more
5 job openings
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ICICI Bank Branch Manager Salary

5 - 20 years exp. (338 salaries)

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₹6.3 L/yr - ₹22.4 L/yr

arrow icon 131% more
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Axis Bank Branch Manager Salary

8 - 20 years exp. (49 salaries)

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₹7.5 L/yr - ₹19.7 L/yr

arrow icon 154% more
3 job openings
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Kotak Mahindra Bank Branch Manager Salary

8 - 20 years exp. (65 salaries)

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₹8.5 L/yr - ₹22 L/yr

arrow icon 180% more
1 job opening
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IndusInd Bank Branch Manager Salary

7 - 22 years exp. (111 salaries)

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₹7.7 L/yr - ₹24 L/yr

arrow icon 164% more
16 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 18 years exp. (56 salaries)

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₹6 L/yr - ₹23.7 L/yr

arrow icon 153% more
5 job openings
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Yes Bank Branch Manager Salary

7 - 19 years exp. (29 salaries)

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₹6.3 L/yr - ₹19 L/yr

arrow icon 146% more
3 job openings
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RBL Bank Branch Manager Salary

11 - 20 years exp. (18 salaries)

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₹9.6 L/yr - ₹23.5 L/yr

arrow icon 176% more
6 job openings
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IIFL Finance Branch Manager Salary

2 - 16 years exp. (142 salaries)

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₹2.4 L/yr - ₹7.8 L/yr

arrow icon 4% less
3 job openings
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Muthoot Fincorp Branch Manager Salary

4 - 13 years exp. (50 salaries)

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₹2.3 L/yr - ₹5.3 L/yr

arrow icon 24% less
1 job opening
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Manappuram Finance Branch Manager Salary

2 - 8 years exp. (16 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 32% less
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₹2.6 L/yr - ₹5 L/yr

arrow icon 33% less
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₹2.8 L/yr - ₹5 L/yr

arrow icon 31% less
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Muthoot Microfin Branch Manager Salary

3 - 7 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 41% less
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CreditAccess Grameen Branch Manager Salary

7 - 10 years exp. (6 salaries)

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₹3.2 L/yr - ₹4.4 L/yr

arrow icon 33% less
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SMFG India Credit Branch Manager Salary

11 - 18 years exp. (5 salaries)

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₹7 L/yr - ₹14.5 L/yr

arrow icon 61% more
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₹3.2 L/yr - ₹4 L/yr

arrow icon 39% less
Branch Manager salary at Mahindra Finance ranges between ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Manager in Kolkata

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4 years exp.
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10 years exp.
2mo ago
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10 years exp.
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6 years exp.
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10 years exp.
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9 years exp.

Experience wise Mahindra Finance Branch Manager salaries in Kolkata

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary
(15 salaries)
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₹4.4 L/yr - ₹10 L/yr
Area Manager Salary
(6 salaries)
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₹4 L/yr - ₹14 L/yr
Credit Manager Salary
(3 salaries)
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₹7.02 L/yr - ₹12.5 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

4.0

Rated by 2 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 Kolkata?
Branch Manager salary at Mahindra Finance in Kolkata ranges between ₹4.8 Lakhs to ₹7.1 Lakhs for experience between 4 years to 10 years. According to our estimates it is 46% less than the average Branch Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance Kolkata.
How does the salary of a Branch Manager at Mahindra Finance Kolkata compare with the average salary range for this job?
The average salary of a Branch Manager at Mahindra Finance is 46% less than the average salary of a Branch Manager in Kolkata. 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 Kolkata.
Which similar companies are paying more than Mahindra Finance to a Branch Manager in Kolkata?
  • Kotak Mahindra Bank Branch Manager Salary - ₹8.5 Lakhs to ₹22.0 Lakhs per year
  • RBL Bank Branch Manager Salary - ₹9.6 Lakhs to ₹23.5 Lakhs per year
  • IndusInd Bank Branch Manager Salary - ₹7.7 Lakhs to ₹24.0 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹7.5 Lakhs to ₹19.7 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹6.0 Lakhs to ₹23.7 Lakhs per year
What is the salary of a Branch Manager in companies similar to Mahindra Finance in Kolkata?
  • HDFC Bank Branch Manager Salary - ₹6.0 Lakhs to ₹23.6 Lakhs per year
  • Yes Bank Branch Manager Salary - ₹6.3 Lakhs to ₹19.0 Lakhs per year
  • ICICI Bank Branch Manager Salary - ₹6.3 Lakhs to ₹22.4 Lakhs per year
  • SMFG India Credit Branch Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year
  • IIFL Finance Branch Manager Salary - ₹2.4 Lakhs to ₹7.8 Lakhs per year
What is the estimated take home salary of a Branch Manager at Mahindra Finance in Kolkata?
The estimated take-home salary of a Branch Manager at Mahindra Finance ranges between ₹44,317 per month to ₹45,418 per month in Kolkata. The take-home salary calculation is based on the average Mahindra Finance Branch Manager salary in India which ranges between ₹4.8 Lakhs to ₹7.1 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Mahindra Finance in Kolkata?
According to AmbitionBox, 86% of the Mahindra Finance Branch Managers in Kolkata reported a notice period of 3 Months, 14% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

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Mahindra Finance Branch Manager salary in Kolkata ranges between ₹4.8 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.