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Mahindra Rural Housing Finance

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4.0

based on 2k Reviews

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Mahindra Rural Housing Finance Branch Manager salaries in Nagpur (Updated 2025)

Annual salary range
4 - 13 years exp.
₹2.2 Lakhs - ₹7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Branch Manager Salary in NBFC Companies for 4 - 13 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Branch Manager Salary
5 - 13 years exp. (14 salaries)
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₹2.5 L/yr - ₹7 L/yr

Finance & Accounting
Branch Manager Salary
4 - 13 years exp. (11 salaries)
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₹2.2 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Branch Manager Salary
4 - 11 years exp. (8 salaries)
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₹2.5 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Branch Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.4 L/yr

Marketing & Communication
Branch Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹6.3 L/yr

Last Updated: 3 Apr 2025

Companies similar to Mahindra Rural Housing Finance for Branch Manager in Nagpur

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Mahindra Rural Housing Finance Branch Manager Salary

4 - 13 years exp. (39 salaries)
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₹2.2 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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CreditAccess Grameen Branch Manager Salary

6 - 9 years exp. (8 salaries)
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 36% less
 1 job opening
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Bajaj Finance Branch Manager Salary

4 - 12 years exp. (6 salaries)
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₹4.6 L/yr - ₹7.3 L/yr

arrow icon 14% more
 59 job openings
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Satin Creditcare Network Branch Manager Salary

4 - 10 years exp. (3 salaries)
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₹2.2 L/yr - ₹3.4 L/yr

arrow icon 41% less
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Mahindra Finance Branch Manager Salary

8 - 12 years exp. (3 salaries)
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₹2.2 L/yr - ₹6 L/yr

arrow icon 2% less
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Spandana Sphoorty Financial Branch Manager Salary

5 - 8 years exp. (3 salaries)
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₹2.1 L/yr - ₹3.8 L/yr

arrow icon 38% less
Branch Manager salary at Mahindra Rural Housing Finance ranges between ₹2.2 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 39 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Branch Manager in Nagpur

1w ago
₹7 Lakhs
12 years exp.
1mo ago
₹3.6 Lakhs
12 years exp.
3mo ago
₹6 Lakhs
6 years exp.
4mo ago
₹4.8 Lakhs
8 years exp.
5mo ago
₹6 Lakhs
10 years exp.
5mo ago
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7 years exp.
6mo ago
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6 years exp.
6mo ago
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6 years exp.
8mo ago
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8 years exp.
9mo ago
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9 years exp.

Experience wise Mahindra Rural Housing Finance Branch Manager salaries in Nagpur

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
4 years  (3 salaries)

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₹2.2 L/yr - ₹8.9 L/yr
5 years  (4 salaries)

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₹2.5 L/yr - ₹9.2 L/yr
6 years  (6 salaries)

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₹3.2 L/yr - ₹6 L/yr
7 years  (4 salaries)

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₹4.1 L/yr - ₹7 L/yr
8 years  (5 salaries)

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₹2.5 L/yr - ₹7 L/yr
View all
Mahindra Rural Housing Finance Branch Manager Salary and Career Growth

From

To

Branch Manager

₹unlock blur Lakhs/yr

3 - 13 years exp.

Area Business Head

₹unlock blur Lakhs/yr

14 - 20 years exp.

Branch Manager 3 - 13 years exp.
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Territory Manager 7 - 16 years exp.
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arrow icon 63% hike
    Area Business Head 14 - 20 years exp.
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    arrow icon 115% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Mahindra Rural Housing Finance

    Deputy Manager Salary
    (4 salaries)
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    ₹4.55 L/yr - ₹8.4 L/yr

    Top skills at Mahindra Rural Housing Finance for Branch Manager

    housing loan Home Loans housing finance Mortgage Loans Sales Branch Management Team Handling Home Loans mortgage Housing Finance Mortgage Loans home finance Branch Operations HLOOKUP Housing Loan

    Salary related reviews for Mahindra Rural Housing Finance

    4.4

    Rated by 7 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

    read more
    • 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).

    read more
    • 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.

    read more

    Branch Manager in Paithan

    Full Time

     · 

    Sales & Business Development Department

    5.0
      •  posted on 03 Apr 2022
    5.0
     for  Salary and Benefits

    Likes

    Good work environment and culture. Teammates are suppotive and the management is transparent. Company polices are good

    • Salary - Excellent
      • +6 more

    Dislikes

    There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

    read more

    Branch Manager (working remotely)

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 09 Feb 2023
    2.0
     for  Salary and Benefits

    Likes

    Working time is good, Salary in time, Salary advance facilities available.

    read more
    • Job security - Good

    Dislikes

    Lot of politics in this organization, Career growth not possible, Always give negative feedback those are left this organization.

    read more
    • Salary - Poor
      • +3 more

    Branch Manager in Nagpur, Maharashtra, India

    BFSI, Investments & Trading Department

    1.0
      •  posted on 22 Oct 2020
    2.0
     for  Salary and Benefits

    Likes

    In lockdown salary not deducted..

    Dislikes

    As company is on collection mode whole team put into collection as NPA level is not in control so businesses is not going to takes place till march and my suggestion is for any candidate not to come in company as very down line politics is happens...

    read more
    • Salary - Poor
      • +6 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    1w (edited)
    an inside sales executive
    Unexpected job policies: stay or switch?
    I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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    More about working at Mahindra Rural Housing Finance

    Mahindra Rural Housing Finance Branch Manager Salary FAQs

    What is the salary of Branch Manager at Mahindra Rural Housing Finance in Nagpur?
    The average salary of a Branch Manager at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹2.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 13 years).

    The top 10% of Branch Manager in Nagpur at Mahindra Rural Housing Finance earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager 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 30+ Mahindra Rural Housing Finance employees in India.
    What is the estimated take home salary of a Branch Manager at Mahindra Rural Housing Finance in Nagpur?
    The estimated take-home salary of a Branch Manager at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹42,122 to ₹43,256 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 13 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 30+ salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Branch Manager at Mahindra Rural Housing Finance in Nagpur?
    To be a Branch Manager at Mahindra Rural Housing Finance in Nagpur, the key skills required include:

    • - housing loan
    • - Home Loans
    • - housing finance
    • - Mortgage Loans
    • - Sales

    These skills are highly valued at Mahindra Rural Housing Finance and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Mahindra Rural Housing Finance for Branch Manager in India?
    Bajaj Finance ₹4.6 Lakhs to ₹7.3 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 Branch Manager in companies similar to Mahindra Rural Housing Finance in Nagpur?
    The salary of a Branch Manager at companies similar to Mahindra Rural Housing Finance in Nagpur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Mahindra Finance ₹2.2 Lakhs to ₹6.0 Lakhs per year
    CreditAccess Grameen ₹2.5 Lakhs to ₹3.9 Lakhs per year
    Spandana Sphoorty Financial ₹2.1 Lakhs to ₹3.8 Lakhs per year
    Satin Creditcare Network ₹2.2 Lakhs to ₹3.4 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 Branch Manager at Mahindra Rural Housing Finance in Nagpur?
    The salary growth for a Branch Manager at Mahindra Rural Housing Finance in Nagpur depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Nagpur can expect the following growth trajectory at Mahindra Rural Housing Finance:

    Experience Average Salary Range
    4 years ₹2.2 Lakhs to ₹8.9 Lakhs per year
    5 years ₹2.5 Lakhs to ₹9.2 Lakhs per year
    6 years ₹3.2 Lakhs to ₹6.0 Lakhs per year
    7 years ₹4.1 Lakhs to ₹7.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Mahindra Rural Housing Finance Branch Manager salary in Nagpur ranges between ₹2.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 39 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.