Mahindra Rural Housing Finance Manager M1 Salaries by 2 Employees

7 - 8 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 11 Dec 2024

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Manager M1 salary at Mahindra Rural Housing Finance ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Rural Housing Finance.

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Salary related reviews for Mahindra Rural Housing Finance

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.

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.

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.

Job security - Good

Dislikes

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

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...

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Rural Housing Finance Manager M1 Salary FAQs

How the salary growth look like for a Manager M1 at Mahindra Rural Housing Finance in India?

The salary growth for a Manager M1 at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience	Average Salary Range
7 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Manager M1 Salaries

Mahindra Rural Housing Finance Manager M1 salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Rural Housing Finance.