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Mahindra Rural Housing Finance BM salaries in India (Updated 2025)

Annual salary range
5 - 11 years exp.
₹2.6 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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20% 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)
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₹3 L/yr - ₹4.6 L/yr

Customer Success, Service & Operations
BM Salary
5 - 9 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.4 L/yr

Finance & Accounting
BM Salary
11 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to Mahindra Rural Housing Finance for BM

Company name Avg Annual Salary Open Jobs
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L&T Finance BM Salary

3 - 9 years exp. (11 salaries)

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₹3.2 L/yr - ₹5.7 L/yr

arrow icon 1% less
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Aavas Financiers BM Salary

4 - 10 years exp. (9 salaries)

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₹4.4 L/yr - ₹7 L/yr

arrow icon 27% more
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Muthoot Fincorp BM Salary

4 - 11 years exp. (8 salaries)

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₹3.1 L/yr - ₹4 L/yr

arrow icon 16% less
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Muthoot Finance BM Salary

5 - 10 years exp. (8 salaries)

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₹3 L/yr - ₹5.9 L/yr

arrow icon 25% more
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IIFL Finance BM Salary

5 - 11 years exp. (6 salaries)

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₹4.8 L/yr - ₹6 L/yr

arrow icon 13% more
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CreditAccess Grameen BM Salary

3 - 10 years exp. (5 salaries)

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₹2.7 L/yr - ₹4.4 L/yr

arrow icon 23% less
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Satin Creditcare Network BM Salary

4 - 8 years exp. (4 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 23% less
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Manappuram Finance BM Salary

2 - 12 years exp. (4 salaries)

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₹3.6 L/yr - ₹4.6 L/yr

arrow icon 13% less
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Asirvad Microfinance BM Salary

2 - 5 years exp. (4 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

arrow icon 48% less
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Spandana Sphoorty Financial BM Salary

2 - 6 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.4 L/yr

arrow icon 42% less
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Tata Capital BM Salary

6 - 10 years exp. (4 salaries)

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₹3 L/yr - ₹7.6 L/yr

arrow icon 15% more
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SMFG India Credit BM Salary

8 - 15 years exp. (4 salaries)

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₹3.6 L/yr - ₹7.5 L/yr

arrow icon 20% more
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Muthoot Microfin BM Salary

4 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹3.7 L/yr

arrow icon 26% less
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SK Finance Limited BM Salary

5 - 7 years exp. (3 salaries)

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₹3.6 L/yr - ₹3.8 L/yr

arrow icon 20% less
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HDB Financial Services BM Salary

10 - 11 years exp. (3 salaries)

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₹5.2 L/yr - ₹6.3 L/yr

arrow icon 23% 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 12 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance BM

3d ago
₹5 Lakhs
6 years exp.
2mo ago
₹5 Lakhs
5 years exp.
1y ago
₹3.4 Lakhs
11 years exp.
1y ago
₹4 Lakhs
11 years exp.
1y ago
₹4.5 Lakhs
9 years exp.
1y ago
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7 years exp.
1y ago
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10 years exp.
1y ago
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5 years exp.
1y ago
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6 years exp.
1y ago
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9 years exp.

Experience wise Mahindra Rural Housing Finance BM salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
5 years  (3 salaries)

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₹4 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
9 years  (3 salaries)

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₹3 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Customer Manager Salary
(328 salaries)
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₹1.15 L/yr - ₹4 L/yr
Deputy Manager Salary
(89 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
Cashier Salary
(81 salaries)
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₹1.3 L/yr - ₹2.8 L/yr
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₹1.3 L/yr - ₹3.1 L/yr
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₹1.9 L/yr - ₹3.5 L/yr
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₹1.75 L/yr - ₹3.35 L/yr
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₹1.5 L/yr - ₹3.6 L/yr
Sales Executive Salary
(28 salaries)
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₹1.6 L/yr - ₹3.5 L/yr
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₹2.15 L/yr - ₹6 L/yr
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₹2.4 L/yr - ₹6.83 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.7

Rated by 3 employees for salary & benefits

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🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

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Dislikes

Worst experience in this company

  • Salary - Bad
  • +6 more

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.

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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.

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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.

read more
  • Salary - Good
  • +4 more

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.

read more
  • Work satisfaction - Poor

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

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • Job security - Good

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.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Mahindra Rural Housing Finance BM Salary FAQs

What is the salary of BM at Mahindra Rural Housing Finance ?
The average salary of a BM at Mahindra Rural Housing Finance in India typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of BM at Mahindra Rural Housing Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. BM Salaries at Mahindra Rural Housing Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Mahindra Rural Housing Finance employees in India.
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 in India typically ranges from ₹34,329 to ₹35,579 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Rural Housing Finance for BM in India?
Aavas Financiers ₹4.4 Lakhs to ₹7.0 Lakhs per year
Muthoot Finance ₹3.0 Lakhs to ₹5.9 Lakhs per year
HDB Financial Services ₹5.2 Lakhs to ₹6.3 Lakhs per year
SMFG India Credit ₹3.6 Lakhs to ₹7.5 Lakhs per year
Tata Capital ₹3.0 Lakhs to ₹7.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Rural Housing Finance, depending on the role and experience level.
What is the salary of a BM in companies similar to Mahindra Rural Housing Finance in India?
The salary of a BM at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹4.8 Lakhs to ₹6.0 Lakhs per year
L&T Finance ₹3.2 Lakhs to ₹5.7 Lakhs per year
Manappuram Finance ₹3.6 Lakhs to ₹4.6 Lakhs per year
Muthoot Fincorp ₹3.1 Lakhs to ₹4.0 Lakhs per year
SK Finance Limited ₹3.6 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a BM at Mahindra Rural Housing Finance in India?
The salary growth for a BM at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a BM can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
5 years ₹4.0 Lakhs to ₹5.0 Lakhs per year
6 years ₹4.3 Lakhs to ₹5.0 Lakhs per year
7 years ₹4.3 Lakhs to ₹8.5 Lakhs per year
8 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance BM salary in India ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.