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Mahindra Finance Branch Manager salaries in Nashik

Annual salary range
5 - 9 years exp.
₹3.5 Lakhs - ₹5.7 Lakhs
Salary of majority employees
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39% less than the average Branch Manager Salary in NBFC Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5.6 L/yr

Finance & Accounting
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.8 L/yr

Marketing & Communication
Branch Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.7 L/yr

Sales & Business Development
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 30 May 2024

Companies similar to Mahindra Finance for Branch Manager in Nashik

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Mahindra Finance Branch Manager Salary

5 - 9 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.7 L/yr

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

8 - 18 years exp. (20 salaries)

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₹5.8 L/yr - ₹16 L/yr

arrow icon 171% more
3 job openings
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IDFC FIRST Bharat Branch Manager Salary

4 - 11 years exp. (12 salaries)

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₹3.5 L/yr - ₹10.6 L/yr

arrow icon 15% more
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CSB Bank Branch Manager Salary

11 - 16 years exp. (7 salaries)

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₹9.9 L/yr - ₹14.5 L/yr

arrow icon 127% more
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MAS Financial Services Branch Manager Salary

4 - 11 years exp. (7 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 15% more
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Axis Max Life Insurance Branch Manager Salary

8 - 15 years exp. (6 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 114% more
3 job openings
Branch Manager salary at Mahindra Finance ranges between ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Manager in Nashik

9mo ago
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9 years exp.
1y ago
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9 years exp.

Experience wise Mahindra Finance Branch Manager salaries in Nashik

Last Updated: 30 May 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Manager Salary
(7 salaries)
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₹4.09 L/yr - ₹10.5 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

Salary related reviews for Mahindra Finance

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 in Nashik?
The average salary of a Branch Manager at Mahindra Finance in Nashik typically ranges from ₹3.5 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Branch Manager in Nashik at Mahindra Finance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 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 4 Mahindra Finance employees in India.
What is the estimated take home salary of a Branch Manager at Mahindra Finance in Nashik?
The estimated take-home salary of a Branch Manager at Mahindra Finance in Nashik typically ranges from ₹39,057 to ₹40,236 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 5 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Mahindra Finance in Nashik?
To be a Branch Manager at Mahindra Finance in Nashik, the key skills required include:

  • - 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.
Which companies offer higher salaries than Mahindra Finance for Branch Manager in India?
Yes Bank ₹5.8 Lakhs to ₹16.0 Lakhs per year
CSB Bank ₹9.9 Lakhs to ₹14.5 Lakhs per year
Axis Max Life Insurance ₹8.5 Lakhs to ₹14.0 Lakhs per year
IDFC FIRST Bharat ₹3.5 Lakhs to ₹10.6 Lakhs per year
MAS Financial Services ₹3.5 Lakhs to ₹7.0 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.
How the salary growth look like for a Branch Manager at Mahindra Finance in Nashik?
The salary growth for a Branch Manager at Mahindra Finance in Nashik depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Nashik can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
5 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
6 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
8 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Branch Manager salary in Nashik ranges between ₹3.5 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.