Mahindra Rural Housing Finance Area Business Manager Salaries by 6 Employees (Updated 2025)

7 - 22 years exp.

₹8.9 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

Fixed (86%)

₹13.5 Lakhs

Variable (14%)

₹2.1 Lakhs

71% more than the average Area Business Manager Salary in NBFC Companies for 7 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Business Manager Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr
Product Management Area Business Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr
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Marketing & Communication Area Business Manager Salary 22 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹23.1 L/yr
Sales & Business Development Area Business Manager Salary 7 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.7 L/yr

Last Updated: 24 May 2024

Companies similar to Mahindra Rural Housing Finance for Area Business Manager

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Area Business Manager Salary 3 - 5 years exp. (6 salaries)	₹2.8 L/yr - ₹3.6 L/yr 80% less
L&T Finance Area Business Manager Salary 4 - 14 years exp. (10 salaries)	₹9.6 L/yr - ₹19 L/yr 9% less
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Shriram Housing Finance Area Business Manager Salary 7 - 17 years exp. (5 salaries)	₹8 L/yr - ₹20 L/yr 16% less
Sammaan Capital Limited Area Business Manager Salary 11 - 15 years exp. (6 salaries)	₹5.1 L/yr - ₹7.9 L/yr 57% less
HDFC Bank Area Business Manager Salary 2 - 17 years exp. (10 salaries)	₹3.8 L/yr - ₹9 L/yr 59% less
Mahindra Finance Area Business Manager Salary 5 - 18 years exp. (288 salaries)	₹3.5 L/yr - ₹15 L/yr 45% less
Shriram Finance Area Business Manager Salary 3 - 12 years exp. (7 salaries)	₹2.6 L/yr - ₹6 L/yr 73% less
SK Finance Limited Area Business Manager Salary 7 - 12 years exp. (5 salaries)	₹3.8 L/yr - ₹7 L/yr 68% less
Bajaj Finance Area Business Manager Salary 3 - 15 years exp. (5 salaries)	₹10 L/yr - ₹12.7 L/yr 25% less
SMFG India Credit Area Business Manager Salary 5 - 10 years exp. (5 salaries)	₹9.6 L/yr - ₹11 L/yr 30% less
TVS Credit Area Business Manager Salary 7 - 16 years exp. (4 salaries)	₹4.2 L/yr - ₹24.5 L/yr 12% less
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Tata Capital Area Business Manager Salary 6 - 17 years exp. (4 salaries)	₹12 L/yr - ₹24.7 L/yr 23% more
HDB Financial Services Area Business Manager Salary 10 - 17 years exp. (4 salaries)	₹9.8 L/yr - ₹14.7 L/yr 20% less
Tata Motors Finance Area Business Manager Salary 12 - 17 years exp. (4 salaries)	₹3.2 L/yr - ₹18 L/yr 35% less
IIFL Finance Area Business Manager Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6.3 L/yr 66% less
Muthoot Fincorp Area Business Manager Salary 2 - 21 years exp. (3 salaries)	₹3.6 L/yr - ₹10 L/yr 56% less
Satin Creditcare Network Area Business Manager Salary 1 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹6.5 L/yr 69% less
Bharat Financial Inclusion Area Business Manager Salary 3 - 13 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr 71% less

Area Business Manager salary at Mahindra Rural Housing Finance ranges between ₹8.9 Lakhs to ₹21 Lakhs per year for employees with experience between 7 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Area Business Manager salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16.7 L/yr
8 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
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9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹26 L/yr
14 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
15+ years (3 salaries)	₹7.6 L/yr - ₹21 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Area Manager Salary

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₹9.25 L/yr - ₹14 L/yr

Branch Manager Salary

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Cluster Manager Salary

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₹3.35 L/yr - ₹11 L/yr

Sales Manager Salary

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Regional Manager Salary

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Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(93 salaries)

₹3.2 L/yr - ₹10.71 L/yr

Territory Manager Salary

(188 salaries)

₹4.6 L/yr - ₹13.5 L/yr

Salary related reviews for Mahindra Rural Housing Finance

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Shujalpur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary

Skill development - Good

Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).

Job security - Poor

Branch Manager in Akola

Full Time

Sales & Business Development Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

I like company culture environment co operative senior..

Skill development - Good

+5 more

Dislikes

I dislike company salary structure compare for new joining against old employee who was complete his above 5 years in company but company not provide as per role benefits.

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Territory Sales Manager in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Apr 2023

4.0

for Salary and Benefits

Likes

Salary on time

Salary - Good

+2 more

Dislikes

No salary growth after internal promotion. Working on Sunday Late night Working Very poor incentive policy All work manually Poor infrastructure Lazy HR Casual approach company Risk on field to executive on collection time Poor legal

Skill development - Bad

+1 more

Territory Manager in Machilipatnam

Full Time

Sales & Business Development Department

5.0

• posted on 17 Oct 2022

2.0

for Salary and Benefits

Likes

1.In this company provide loans for rural people and transforming rural areas in that reason educate to rural people 2.For giving best career to every one 3.Freshers can do and mingle with this company easily

Job security - Excellent

+1 more

Dislikes

Salary Hich is very bad

Salary - Poor

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Rural Housing Finance Area Business Manager Salary FAQs

What is the salary of Area Business Manager at Mahindra Rural Housing Finance?

Area Business Manager salary at Mahindra Rural Housing Finance in India ranges between ₹8.9 Lakhs to ₹21.0 Lakhs for experience between 7 years to 22 years. According to our estimates it is 71% more than the average Area Business Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance India.

How does the salary of a Area Business Manager at Mahindra Rural Housing Finance India compare with the average salary range for this job?

The average salary of a Area Business Manager at Mahindra Rural Housing Finance is 71% more than the average salary of a Area Business Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Area Business Manager in India?

Tata Capital Area Business Manager Salary - ₹12.0 Lakhs to ₹24.7 Lakhs per year

What is the salary of a Area Business Manager in companies similar to Mahindra Rural Housing Finance in India?

L&T Finance Area Business Manager Salary - ₹9.6 Lakhs to ₹19.0 Lakhs per year
TVS Credit Area Business Manager Salary - ₹4.2 Lakhs to ₹24.5 Lakhs per year
Shriram Housing Finance Area Business Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services Area Business Manager Salary - ₹9.8 Lakhs to ₹14.7 Lakhs per year
Bajaj Finance Area Business Manager Salary - ₹10.0 Lakhs to ₹12.7 Lakhs per year

What is the estimated take home salary of a Area Business Manager at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Area Business Manager at Mahindra Rural Housing Finance ranges between ₹1,07,273 per month to ₹1,10,230 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Area Business Manager salary in India which ranges between ₹8.9 Lakhs to ₹21.0 Lakhs per year for employees with experience between 7 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Area Business Manager at Mahindra Rural Housing Finance?

According to AmbitionBox, 60% of the Mahindra Rural Housing Finance Area Business Manager s reported a notice period of 3 Months, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Area Business Manager Salaries by Location

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Mahindra Rural Housing Finance Area Business Manager Salaries

Mahindra Rural Housing Finance Area Business Manager salary in India ranges between ₹8.9 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.