Mahindra Rural Housing Finance Business Development Executive Salaries by 7 Employees (Updated 2025)

0 - 5 years exp.

₹1.6 Lakh - ₹4.5 Lakhs

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Salary of majority employees

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40% less than the average Business Development Executive Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Business Development Executive Salary 3 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹4.5 L/yr
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Aviation & Aerospace Business Development Executive Salary Fresher (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 25 Mar 2024

Companies similar to Mahindra Rural Housing Finance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
L&T Finance Business Development Executive Salary 0 - 5 years exp. (9 salaries)	Unlock ₹1.7 L/yr - ₹3.1 L/yr 12% more
Piramal Capital Housing Finance Business Development Executive Salary 1 - 9 years exp. (82 salaries)	Unlock ₹1.6 L/yr - ₹3.3 L/yr At par
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Truhome Finance Business Development Executive Salary 0 - 8 years exp. (3 salaries)	Unlock ₹1.5 L/yr - ₹6 L/yr 33% more
HDFC Bank Business Development Executive Salary 0 - 5 years exp. (216 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 3% more
HDB Financial Services Business Development Executive Salary 0 - 7 years exp. (253 salaries)	Unlock ₹1 L/yr - ₹3.9 L/yr At par
Mahindra Finance Business Development Executive Salary 0 - 10 years exp. (170 salaries)	Unlock ₹1.8 L/yr - ₹5.5 L/yr 47% more
Muthoot Fincorp Business Development Executive Salary 0 - 5 years exp. (90 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr 6% less	1 job opening
Shriram Finance Business Development Executive Salary 0 - 3 years exp. (44 salaries)	Unlock ₹1.7 L/yr - ₹3.5 L/yr 15% more
Muthoot Finance Business Development Executive Salary 0 - 4 years exp. (21 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 5% more
IIFL Finance Business Development Executive Salary 0 - 6 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 34% more
Home Credit Finance Business Development Executive Salary 1 - 6 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 16% more
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Bajaj Finance Business Development Executive Salary 0 - 4 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹2.7 L/yr 15% more
Aditya Birla Finance Business Development Executive Salary 1 - 8 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹4.3 L/yr 52% more
Bharat Financial Inclusion Business Development Executive Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹4 L/yr 45% more
TVS Credit Business Development Executive Salary 5 - 9 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹3.8 L/yr 36% more
Poonawalla Fincorp Business Development Executive Salary 2 - 7 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr 36% more
Kotak Mahindra Prime Business Development Executive Salary 1 - 12 years exp. (3 salaries)	Unlock ₹0.8 L/yr - ₹2.7 L/yr 16% less
CreditAccess Grameen Business Development Executive Salary 1 - 2 years exp. (3 salaries)	Unlock ₹1.6 L/yr - ₹3.1 L/yr 5% more
SMFG India Credit Business Development Executive Salary 3 - 10 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹3.3 L/yr 16% more

Business Development Executive salary at Mahindra Rural Housing Finance ranges between ₹1.6 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Business Development Executive salaries

Last Updated: 25 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹1.6 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹0.7 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4.5 L/yr

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Business Executive Salary

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Senior Sales Executive Salary

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Sales Executive Salary

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₹1.6 L/yr - ₹3.5 L/yr

Marketing Executive Salary

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₹2.3 L/yr - ₹2.9 L/yr

Sales Associate Salary

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₹1.1 L/yr - ₹1.4 L/yr

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₹1.3 L/yr - ₹3.1 L/yr

Salary related reviews for Mahindra Rural Housing Finance

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

Customer Service And Operations Executive in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Jan 2025

1.0

for Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

Salary - Bad

+6 more

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

Area Credit Manager in Kochi

Full Time

Other Department

1.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Skill development - Good

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and grade. Hence I expected which will rectify after appraisal time but there is no decent salary hike as well as grade change during appraisal. I am continuing with organisation with same grade since joined on June 2022 as a manager grade

Salary - Bad

+1 more

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.

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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... read more

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Mahindra Rural Housing Finance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Mahindra Rural Housing Finance?

Business Development Executive salary at Mahindra Rural Housing Finance in India ranges between ₹1.6 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 40% less than the average Business Development Executive Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a Business Development Executive at Mahindra Rural Housing Finance is 40% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

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

Aditya Birla Finance Business Development Executive Salary - ₹2.9 Lakhs to ₹4.3 Lakhs per year
Mahindra Finance Business Development Executive Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
Bharat Financial Inclusion Business Development Executive Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
TVS Credit Business Development Executive Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
Poonawalla Fincorp Business Development Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year

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

IIFL Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Truhome Finance Business Development Executive Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Home Credit Finance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
SMFG India Credit Business Development Executive Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
Bajaj Finance Business Development Executive Salary - ₹2.2 Lakhs to ₹2.7 Lakhs per year

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

The estimated take-home salary of a Business Development Executive at Mahindra Rural Housing Finance ranges between ₹16,188 per month to ₹17,858 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Business Development Executive salary in India which ranges between ₹1.6 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Mahindra Rural Housing Finance?

According to AmbitionBox, 75% of the Mahindra Rural Housing Finance Business Development Executives reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Business Development Executive Salaries

Mahindra Rural Housing Finance Business Development Executive salary in India ranges between ₹1.6 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.