Mahindra Rural Housing Finance BM Salaries by 10+ Employees (Updated 2025)

5 - 11 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Salary of majority employees

22% less than the average BM Salary in NBFC Companies for 5 - 11 years of experience

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Salaries in different departments

Marketing & Communication BM Salary 5 - 11 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr
Customer Success, Service & Operations BM Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
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Finance & Accounting BM Salary 11 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Last Updated: 30 Dec 2024

Companies similar to Mahindra Rural Housing Finance for BM

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers BM Salary 4 - 12 years exp. (10 salaries)	₹4.5 L/yr - ₹7 L/yr 30% more
L&T Finance BM Salary 3 - 9 years exp. (9 salaries)	₹3.2 L/yr - ₹5.7 L/yr 1% less
Login to view exact salary
HDFC Bank BM Salary 10 - 18 years exp. (7 salaries)	₹7.2 L/yr - ₹17.6 L/yr 167% more
Muthoot Fincorp BM Salary 4 - 11 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 14% less
Muthoot Finance BM Salary 5 - 10 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr 11% more
Shriram Finance BM Salary 0 - 16 years exp. (7 salaries)	₹2.8 L/yr - ₹5.3 L/yr 7% less
IIFL Finance BM Salary 5 - 11 years exp. (6 salaries)	₹4.8 L/yr - ₹6 L/yr 17% more
CreditAccess Grameen BM Salary 3 - 10 years exp. (5 salaries)	₹2.7 L/yr - ₹4.4 L/yr 20% less
Satin Creditcare Network BM Salary 4 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 20% less
SMFG India Credit BM Salary 8 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 24% more
Manappuram Finance BM Salary 2 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 10% less
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Muthoot Microfin BM Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.7 L/yr 23% less
Spandana Sphoorty Financial BM Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 45% less
Tata Capital BM Salary 6 - 10 years exp. (3 salaries)	₹5 L/yr - ₹7.6 L/yr 36% more
HDB Financial Services BM Salary 10 - 11 years exp. (3 salaries)	₹5.2 L/yr - ₹6.3 L/yr 27% more

BM salary at Mahindra Rural Housing Finance ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance BM salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹4 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.4 L/yr
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7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (3 salaries)	₹3 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.4 L/yr

View all

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Salary related reviews for Mahindra Rural Housing Finance

4.5

Rated by 2 employees for salary & 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

Customer Manager in Dhamtari

Finance & Accounting Department

3.0

• posted on 30 May 2022

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joiners.

Customer Manager in Sircilla

Other Department

5.0

• posted on 17 Feb 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Cashier in Khammam

Finance & Accounting Department

5.0

• posted on 28 Sep 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year

Customer Manager in Barabanki

Other Department

3.0

• posted on 02 Sep 2021

2.0

for Salary and Benefits

Likes

Hard work doing with company but not any progress and not according salary.

Dislikes

I gave my best gor company but not given rating by b.m or management. New joiness have more salary.and old are nothig do for company.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Mahindra Rural Housing Finance BM Salary FAQs

What is the salary of BM at Mahindra Rural Housing Finance?

BM salary at Mahindra Rural Housing Finance in India ranges between ₹2.6 Lakhs to ₹5.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 22% less than the average BM Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a BM at Mahindra Rural Housing Finance is 22% less than the average salary of a BM in India. To know exact salary insights, login to view.

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

HDFC Bank BM Salary - ₹7.2 Lakhs to ₹17.6 Lakhs per year
Tata Capital BM Salary - ₹5.0 Lakhs to ₹7.6 Lakhs per year
Aavas Financiers BM Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
HDB Financial Services BM Salary - ₹5.2 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit BM Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year

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

IIFL Finance BM Salary - ₹4.8 Lakhs to ₹6.0 Lakhs per year
Muthoot Finance BM Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
L&T Finance BM Salary - ₹3.2 Lakhs to ₹5.7 Lakhs per year
Shriram Finance BM Salary - ₹2.8 Lakhs to ₹5.3 Lakhs per year
Manappuram Finance BM Salary - ₹3.6 Lakhs to ₹4.6 Lakhs per year

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

The estimated take-home salary of a BM at Mahindra Rural Housing Finance ranges between ₹33,091 per month to ₹34,359 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance BM salary in India which ranges between ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for BM at Mahindra Rural Housing Finance?

According to AmbitionBox, 50% of the Mahindra Rural Housing Finance BMs reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance BM Salaries

Mahindra Rural Housing Finance BM salary in India ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.