Mahindra Rural Housing Finance Branch Manager 1 Salaries by 3 Employees (Updated 2025)

5 - 14 years exp.

₹4.1 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Branch Manager 1 Salary in NBFC Companies for 5 - 14 years of experience

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Last Updated: 14 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Branch Manager 1

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Branch Manager 1 salary at Mahindra Rural Housing Finance ranges between ₹4.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Branch Manager 1 salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
13 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
14 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr

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Salary related reviews for Mahindra Rural Housing Finance

3.3

Rated by 3 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

Credit Manager in Jalandhar

Full Time

Risk Management & Compliance Department

1.0

• posted on 01 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...Credit manager is responsible if vendor doesn't submit their bills timely, 😔 Travel allowance is not paid on time, No proper hygiene branches. Overall experience is much bad and not recommended

Skill development - Bad

+5 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Mahindra Rural Housing Finance Branch Manager 1 Salary FAQs

What is the notice period for Branch Manager 1 at Mahindra Rural Housing Finance?

According to AmbitionBox, 80% of the Mahindra Rural Housing Finance Branch Manager 1s reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Branch Manager 1 Salaries

Mahindra Rural Housing Finance Branch Manager 1 salary in India ranges between ₹4.1 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.