Mahindra Rural Housing Finance State Business Head Salaries by 3 Employees

12 - 15 years exp.

₹12.6 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average State Business Head Salary in NBFC Companies for 12 - 15 years of experience

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Last Updated: 15 Apr 2024

Companies similar to Mahindra Rural Housing Finance for State Business Head

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion State Business Head Salary 16 - 18 years exp. (5 salaries)	₹20 L/yr - ₹57.5 L/yr 127% more
SMFG India Credit State Business Head Salary 7 - 20 years exp. (5 salaries)	₹16.9 L/yr - ₹30.8 L/yr 42% more
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Shriram Finance State Business Head Salary 13 - 23 years exp. (4 salaries)	₹13 L/yr - ₹22.5 L/yr 10% more
Muthoot Fincorp State Business Head Salary 14 - 19 years exp. (3 salaries)	₹14.7 L/yr - ₹16 L/yr 1% more
Mahindra Finance State Business Head Salary 15 - 17 years exp. (3 salaries)	₹20.6 L/yr - ₹24.6 L/yr 51% more
Aavas Financiers State Business Head Salary 10 - 14 years exp. (3 salaries)	₹11.1 L/yr - ₹16 L/yr 3% less

State Business Head salary at Mahindra Rural Housing Finance ranges between ₹12.6 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance State Business Head salaries

Last Updated: 15 Apr 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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15+ years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Business Head Salary

(4 salaries)

₹21.4 L/yr - ₹94 L/yr

Regional Business Head Salary

(17 salaries)

₹23.1 L/yr - ₹39 L/yr

State Head Salary

(6 salaries)

₹11 L/yr - ₹23 L/yr

Cluster Head Salary

(3 salaries)

₹9.2 L/yr - ₹14 L/yr

Area Business Manager Salary

(6 salaries)

₹8.85 L/yr - ₹21 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Regional Business Manager Salary

(3 salaries)

₹25 L/yr - ₹36.3 L/yr

Sales Manager Salary

(19 salaries)

₹1.5 L/yr - ₹6 L/yr

Branch Manager Salary

(361 salaries)

₹1.85 L/yr - ₹8.5 L/yr

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 State Business Head Salary FAQs

How the salary growth look like for a State Business Head at Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
12 years	₹11.3 Lakhs to ₹14.5 Lakhs per year
15 years	₹15.1 Lakhs to ₹19.2 Lakhs per year

and so on.

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Mahindra Rural Housing Finance State Business Head Salaries

Mahindra Rural Housing Finance State Business Head salary in India ranges between ₹12.6 Lakhs to ₹20 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.