Mahindra Finance Senior Branch Manager Salaries by 3 Employees (Updated 2025)

6 - 8 years exp.

₹3.1 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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64% less than the average Senior Branch Manager Salary in NBFC Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.4 L/yr
Finance & Accounting Senior Branch Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹3.7 L/yr
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Sales & Business Development Senior Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 5 Feb 2025

Companies similar to Mahindra Finance for Senior Branch Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Branch Manager Salary 5 - 11 years exp. (16 salaries)	Unlock ₹5.6 L/yr - ₹9 L/yr 91% more	60 job openings
HDFC Bank Senior Branch Manager Salary 9 - 18 years exp. (126 salaries)	Unlock ₹7 L/yr - ₹20 L/yr 252% more
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Shriram Finance Senior Branch Manager Salary 11 - 17 years exp. (88 salaries)	Unlock ₹3.9 L/yr - ₹10 L/yr 86% more
L&T Finance Senior Branch Manager Salary 4 - 12 years exp. (14 salaries)	Unlock ₹2.8 L/yr - ₹4.7 L/yr 13% more
Cholamandalam Investment & Finance Senior Branch Manager Salary 4 - 15 years exp. (12 salaries)	Unlock ₹5 L/yr - ₹8.7 L/yr 78% more
Muthoot Finance Senior Branch Manager Salary 11 - 17 years exp. (12 salaries)	Unlock ₹6.5 L/yr - ₹10.5 L/yr 73% more
Aditya Birla Capital Senior Branch Manager Salary 10 - 17 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹12 L/yr 186% more
Edelweiss Senior Branch Manager Salary 14 - 17 years exp. (5 salaries)	Unlock ₹9 L/yr - ₹9.2 L/yr 139% more
Muthoot Fincorp Senior Branch Manager Salary 7 - 18 years exp. (164 salaries)	Unlock ₹3 L/yr - ₹7.2 L/yr 49% more
SMFG India Credit Senior Branch Manager Salary 11 - 21 years exp. (46 salaries)	Unlock ₹6.2 L/yr - ₹20.5 L/yr 281% more
IIFL Finance Senior Branch Manager Salary 7 - 17 years exp. (29 salaries)	Unlock ₹4.3 L/yr - ₹8.5 L/yr 59% more
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Satin Creditcare Network Senior Branch Manager Salary 6 - 11 years exp. (18 salaries)	Unlock ₹2.9 L/yr - ₹4.9 L/yr At par
CreditAccess Grameen Senior Branch Manager Salary 7 - 15 years exp. (17 salaries)	Unlock ₹3 L/yr - ₹6 L/yr 16% more
Sundaram Finance Senior Branch Manager Salary 12 - 21 years exp. (11 salaries)	Unlock ₹10 L/yr - ₹16.5 L/yr 251% more
Bharat Financial Inclusion Senior Branch Manager Salary 9 - 14 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹3.8 L/yr 11% less
Mahindra Rural Housing Finance Senior Branch Manager Salary 4 - 9 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹5.2 L/yr 25% more
Manappuram Finance Senior Branch Manager Salary 7 - 15 years exp. (5 salaries)	Unlock ₹4.7 L/yr - ₹9.6 L/yr 92% more
Muthoot Microfin Senior Branch Manager Salary 4 - 7 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 11% less
Capri Global Capital Senior Branch Manager Salary 13 - 18 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹6.8 L/yr 17% more

Senior Branch Manager salary at Mahindra Finance ranges between ₹3.1 Lakhs to ₹5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Senior Branch Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Mahindra Finance

Deputy Branch Manager Salary

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₹5.2 L/yr - ₹9.45 L/yr

Senior Sales Manager Salary

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₹3.15 L/yr - ₹10.5 L/yr

Branch Manager Salary

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Assistant Branch Manager Salary

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₹5.2 L/yr - ₹6.7 L/yr

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₹2.35 L/yr - ₹8.2 L/yr

Salary related reviews for Mahindra Finance

4.2

Rated by 3 employees for salary & benefits

Credit Manager in Chennai

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.,

Salary - Poor

+6 more

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.

Salary - Excellent

+6 more

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.

Salary - Bad

+6 more

Credit Manager in Mumbai

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.

Salary - Bad

+4 more

Credit Manager in Sinnar

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

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

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Finance Senior Branch Manager Salary FAQs

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

According to AmbitionBox, 100% of the Mahindra Finance Senior Branch Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Finance Senior Branch Manager Salaries

Mahindra Finance Senior Branch Manager salary in India ranges between ₹3.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.