Mahindra Finance Branch Sales Manager Salaries by 5 Employees (Updated 2024)

4 - 9 years exp.

₹2.5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Branch Sales Manager Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Sales Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Finance & Accounting Branch Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.9 L/yr
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Sales & Business Development Branch Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.2 L/yr

Last Updated: 7 Oct 2024

Companies similar to Mahindra Finance for Branch Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Sales Manager Salary 2 - 10 years exp. (136 salaries)	₹2.8 L/yr - ₹8 L/yr 38% more
HDFC Bank Branch Sales Manager Salary 2 - 15 years exp. (779 salaries)	₹2.5 L/yr - ₹11.5 L/yr 66% more	2 job openings
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Shriram Finance Branch Sales Manager Salary 3 - 9 years exp. (19 salaries)	₹2.7 L/yr - ₹7.5 L/yr 9% more
L&T Finance Branch Sales Manager Salary 2 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹6.2 L/yr At par
Cholamandalam Investment & Finance Branch Sales Manager Salary 4 - 13 years exp. (265 salaries)	₹3 L/yr - ₹12.2 L/yr 68% more	1 job opening
Muthoot Finance Branch Sales Manager Salary 4 - 10 years exp. (4 salaries)	₹3.5 L/yr - ₹6.4 L/yr 7% more
Aditya Birla Capital Branch Sales Manager Salary 5 - 10 years exp. (13 salaries)	₹5 L/yr - ₹8 L/yr 47% more
Reliance Capital Branch Sales Manager Salary 0 - 12 years exp. (44 salaries)	₹3.6 L/yr - ₹8.5 L/yr 23% more
Edelweiss Branch Sales Manager Salary 2 - 13 years exp. (16 salaries)	₹3.3 L/yr - ₹10 L/yr 52% more
Sammaan Capital Limited Branch Sales Manager Salary 6 - 11 years exp. (11 salaries)	₹4.1 L/yr - ₹7.5 L/yr 29% more
SMFG India Credit Branch Sales Manager Salary 4 - 12 years exp. (350 salaries)	₹2.8 L/yr - ₹10 L/yr 46% more
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Capri Global Capital Branch Sales Manager Salary 2 - 12 years exp. (155 salaries)	₹3 L/yr - ₹6.8 L/yr 13% more
Poonawalla Fincorp Branch Sales Manager Salary 0 - 9 years exp. (72 salaries)	₹4 L/yr - ₹10.2 L/yr 56% more	2 job openings
SK Finance Limited Branch Sales Manager Salary 0 - 8 years exp. (57 salaries)	₹1.9 L/yr - ₹4 L/yr 34% less
Aavas Financiers Branch Sales Manager Salary 5 - 10 years exp. (36 salaries)	₹3.1 L/yr - ₹7.9 L/yr 22% more
Tata Capital Housing Finance Branch Sales Manager Salary 5 - 11 years exp. (34 salaries)	₹4.2 L/yr - ₹9.5 L/yr 55% more
Muthoot Fincorp Branch Sales Manager Salary 5 - 12 years exp. (16 salaries)	₹3.2 L/yr - ₹5.5 L/yr 7% more
IIFL Finance Branch Sales Manager Salary 4 - 7 years exp. (14 salaries)	₹3.6 L/yr - ₹5.5 L/yr 9% more
Manappuram Finance Branch Sales Manager Salary 2 - 10 years exp. (14 salaries)	₹3.3 L/yr - ₹6 L/yr 1% more
IDFC FIRST Bharat Branch Sales Manager Salary 4 - 9 years exp. (8 salaries)	₹3.7 L/yr - ₹8.2 L/yr 16% more

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Branch Sales Manager salary at Mahindra Finance ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Branch Sales Manager salaries

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Mahindra Finance

Area Sales Manager Salary

(74 salaries)

₹4.05 L/yr - ₹16.4 L/yr

Senior Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹10.5 L/yr

Branch Manager Salary

(165 salaries)

₹1.85 L/yr - ₹9.1 L/yr

Sales Manager Salary

(115 salaries)

₹2.1 L/yr - ₹8.2 L/yr

Assistant Sales Manager Salary

(8 salaries)

₹3.65 L/yr - ₹8.75 L/yr

Area Manager Salary

(101 salaries)

₹3.15 L/yr - ₹13.29 L/yr

Business Manager Salary

(24 salaries)

₹2.25 L/yr - ₹5.72 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Store Manager Salary

(3 salaries)

₹5 L/yr - ₹26.5 L/yr

Branch Head Salary

(16 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Salary related reviews for Mahindra Finance

Deputy Manager in Mumbai

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.

Dislikes

So far no issues.

Relationship Manager in Chandigarh

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.

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.

Sales Executive in Derabassi

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.

Dislikes

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

Sales Executive in Moradabad

Finance & Accounting Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Overall my current company is good for learning about the sales, competition, working ethics and most important how to writing mail, good working environment and culture. Clear and transparent policies.

Dislikes

...wth is slow. And appraisal is not done last year and not done in this year aslo. No salary increment and yearly bonus also stopped.

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Dislikes

Only salary package..

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Branch Sales Manager Salary FAQs

What is the salary of Branch Sales Manager at Mahindra Finance?

Branch Sales Manager salary at Mahindra Finance in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 38% less than the average Branch Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Branch Sales Manager at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Branch Sales Manager at Mahindra Finance is 38% less than the average salary of a Branch Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Finance to a Branch Sales Manager in India?

Cholamandalam Investment & Finance Branch Sales Manager Salary - ₹3.0 Lakhs to ₹12.2 Lakhs per year
HDFC Bank Branch Sales Manager Salary - ₹2.5 Lakhs to ₹11.5 Lakhs per year
Poonawalla Fincorp Branch Sales Manager Salary - ₹4.0 Lakhs to ₹10.2 Lakhs per year
Tata Capital Housing Finance Branch Sales Manager Salary - ₹4.2 Lakhs to ₹9.5 Lakhs per year
Edelweiss Branch Sales Manager Salary - ₹3.3 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Branch Sales Manager in companies similar to Mahindra Finance in India?

Aditya Birla Capital Branch Sales Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
SMFG India Credit Branch Sales Manager Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year
Bajaj Finance Branch Sales Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Prime Branch Sales Manager Salary - ₹4.2 Lakhs to ₹7.8 Lakhs per year
Sammaan Capital Limited Branch Sales Manager Salary - ₹4.1 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Branch Sales Manager at Mahindra Finance in India?

The estimated take-home salary of a Branch Sales Manager at Mahindra Finance ranges between ₹31,604 per month to ₹32,895 per month in India. The take-home salary calculation is based on the average Mahindra Finance Branch Sales Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Branch Sales Manager at Mahindra Finance?

According to AmbitionBox, 50% of the Mahindra Finance Branch Sales Managers reported a notice period of 3 Months, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Finance Branch Sales Manager Salaries

Mahindra Finance Branch Sales Manager salary in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Finance latest salaries received from various employees of Mahindra Finance.