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Mahindra Finance Branch Manager salaries in Warangal

Annual salary range
6 - 10 years exp.
₹2.8 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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39% less than the average Branch Manager Salary in NBFC Companies for 6 - 10 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Mahindra Finance for Branch Manager in Warangal

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Mahindra Finance Branch Manager Salary

6 - 10 years exp. (4 salaries)

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₹2.8 L/yr - ₹5.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata Capital Branch Manager Salary

5 - 11 years exp. (3 salaries)

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₹4.7 L/yr - ₹5 L/yr

arrow icon 8% more
3 job openings
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₹5 L/yr - ₹8.4 L/yr

arrow icon 54% more
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Vistaar Finance Branch Manager Salary

4 - 11 years exp. (4 salaries)

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₹4.3 L/yr - ₹6.4 L/yr

arrow icon 28% more
Branch Manager salary at Mahindra Finance ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience between 6 years to 10 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 Warangal

1y ago
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8 years exp.
1y ago
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10 years exp.
1y ago
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6 years exp.

Experience wise Mahindra Finance Branch Manager salaries in Warangal

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)

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

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₹3.2 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.5 L/yr
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 - 23 years exp.

Branch Manager 3 - 14 years exp.
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Area Collection Manager 7 - 17 years exp.
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arrow icon 31% hike
Area Business Manager 4 - 18 years exp.
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arrow icon 25% hike

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From

3 more levels

To

Branch Manager

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3 - 14 years exp.

Senior Manager

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4 - 14 years exp.

View 1 more career path

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

4.0

Rated by 1 employees for salary & benefits

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.

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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.

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  • 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.

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  • Salary - Bad
    +4 more

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

read more
  • Salary - Excellent
    +5 more

Dislikes

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

read more
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Mahindra Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Mahindra Finance Warangal?
Branch Manager salary at Mahindra Finance in Warangal ranges between ₹2.8 Lakhs to ₹5.4 Lakhs for experience between 6 years to 10 years. According to our estimates it is 39% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance Warangal.
How does the salary of a Branch Manager at Mahindra Finance Warangal compare with the average salary range for this job?
The average salary of a Branch Manager at Mahindra Finance is 39% less than the average salary of a Branch Manager in Warangal. 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 Warangal.
Which similar companies are paying more than Mahindra Finance to a Branch Manager in Warangal?
  • Shriram Housing Finance Branch Manager Salary - ₹5.0 Lakhs to ₹8.4 Lakhs per year
  • Vistaar Finance Branch Manager Salary - ₹4.3 Lakhs to ₹6.4 Lakhs per year
  • Tata Capital Branch Manager Salary - ₹4.7 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Branch Manager at Mahindra Finance in Warangal?
The estimated take-home salary of a Branch Manager at Mahindra Finance ranges between ₹33,540 per month to ₹34,801 per month in Warangal. The take-home salary calculation is based on the average Mahindra Finance Branch Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Branch Manager at Mahindra Finance in Warangal?
According to AmbitionBox, 100% of the Mahindra Finance Branch Managers in Warangal reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Branch Manager salary in Warangal ranges between ₹2.8 Lakhs to ₹5.4 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.