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Mahindra Finance Deputy Branch Manager salaries in India

Annual salary range
4 - 9 years exp.
₹5.2 Lakhs - ₹9.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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8% less than the average Deputy Branch Manager Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Deputy Branch Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹7.7 L/yr

Finance & Accounting
Deputy Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹5.7 L/yr

Sales & Business Development
Deputy Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Administration & Facilities
Deputy Branch Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.4 L/yr

Last Updated: 16 Dec 2024

Companies similar to Mahindra Finance for Deputy Branch Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Deputy Branch Manager Salary

1 - 7 years exp. (6 salaries)

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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 45% less
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HDFC Bank Deputy Branch Manager Salary

4 - 12 years exp. (219 salaries)

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₹3.3 L/yr - ₹10 L/yr

arrow icon 8% less
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₹3 L/yr - ₹7.4 L/yr

arrow icon 25% less
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₹6.8 L/yr - ₹7.5 L/yr

arrow icon 5% more
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₹3.4 L/yr - ₹5 L/yr

arrow icon 40% less
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IIFL Finance Deputy Branch Manager Salary

8 - 12 years exp. (8 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 29% less
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₹4.2 L/yr - ₹9.6 L/yr

arrow icon 14% less
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Muthoot Fincorp Deputy Branch Manager Salary

10 - 13 years exp. (4 salaries)

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₹4.1 L/yr - ₹6.3 L/yr

arrow icon 28% less
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₹3.1 L/yr - ₹5.2 L/yr

arrow icon 42% less
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Sundaram Finance Deputy Branch Manager Salary

7 - 30 years exp. (3 salaries)

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₹9 L/yr - ₹13.9 L/yr

arrow icon 69% more
Deputy Branch Manager salary at Mahindra Finance ranges between ₹5.2 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 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 Deputy Branch Manager

3d ago
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6 years exp.
2w ago
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9 years exp.
9mo ago
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4 years exp.
1y ago
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6 years exp.

Experience wise Mahindra Finance Deputy Branch Manager salaries

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14.6 L/yr
5 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
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Similar Designation salaries in Mahindra Finance

Branch Manager Salary
(165 salaries)
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₹1.85 L/yr - ₹9.1 L/yr
Deputy Manager Salary
(310 salaries)
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₹4 L/yr - ₹12 L/yr
Assistant Branch Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
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₹1.3 L/yr - ₹6.7 L/yr
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₹2.15 L/yr - ₹6 L/yr
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₹4.8 L/yr - ₹7.1 L/yr
Credit Manager Salary
(84 salaries)
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₹2.3 L/yr - ₹13 L/yr
Sales Manager Salary
(115 salaries)
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₹2.1 L/yr - ₹8.2 L/yr
Branch Head Salary
(16 salaries)
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₹2.5 L/yr - ₹8.5 L/yr
Chief Manager Salary
(38 salaries)
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₹15 L/yr - ₹30 L/yr

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.

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

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

read 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

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..

read more

Dislikes

Only salary package..

see more salary related reviews

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Mahindra Finance Deputy Branch Manager Salary FAQs

What is the salary of Deputy Branch Manager at Mahindra Finance?
Deputy Branch Manager salary at Mahindra Finance in India ranges between ₹5.2 Lakhs to ₹9.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 8% less than the average Deputy Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Deputy Branch Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Deputy Branch Manager at Mahindra Finance is 8% less than the average salary of a Deputy Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Finance to a Deputy Branch Manager in India?
  • Sundaram Finance Deputy Branch Manager Salary - ₹9.0 Lakhs to ₹13.9 Lakhs per year
  • Aditya Birla Capital Deputy Branch Manager Salary - ₹6.8 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Deputy Branch Manager in companies similar to Mahindra Finance in India?
  • HDFC Bank Deputy Branch Manager Salary - ₹3.3 Lakhs to ₹10.0 Lakhs per year
  • IDFC FIRST Bharat Deputy Branch Manager Salary - ₹4.2 Lakhs to ₹9.6 Lakhs per year
  • Cholamandalam Investment & Finance Deputy Branch Manager Salary - ₹3.0 Lakhs to ₹7.4 Lakhs per year
  • Muthoot Fincorp Deputy Branch Manager Salary - ₹4.1 Lakhs to ₹6.3 Lakhs per year
  • IIFL Finance Deputy Branch Manager Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Deputy Branch Manager at Mahindra Finance in India?
The estimated take-home salary of a Deputy Branch Manager at Mahindra Finance ranges between ₹52,262 per month to ₹53,559 per month in India. The take-home salary calculation is based on the average Mahindra Finance Deputy Branch Manager salary in India which ranges between ₹5.2 Lakhs to ₹9.5 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 Deputy Branch Manager at Mahindra Finance?
According to AmbitionBox, 80% of the Mahindra Finance Deputy Branch Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Deputy Branch Manager salary in India ranges between ₹5.2 Lakhs to ₹9.5 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.