The capture and utilization of rainwater by crops under various mulching conditions have great importance in agriculture production systems, especially in dry-prone regions. Understanding the effect of mulching on rainwater use efficiency growth and yield of a crop is very important. For this purpose, field experiments were conducted in 2017 and 2018 to evaluate the potential of ridge-furrow mulching on maize growth and development under rain-fed conditions. The field study compared four treatments, i.e., ridge-furrow without mulch (WM), black plastic mulch (BM), transparent plastic mulch (TM) and grass mulch (GM). The BM treatment consistently increased the soil moisture and temperature, resulting in earlier emergence, as well as increased plant height and plant biomass, compared to the WM treatment. Compared to WM, the two-years mean yield of maize with BM, TM and GM were recorded to be increased by 33.6%, 28.1% and 10.8%, respectively. The BM produced a maximal crop growth rate at 90 days after sowing (DAS) as specified by a greater leaf area index. Transpiration rate and leaf stomatal conductance were significantly higher with BM and TM than with WM, however, the BM treatment showed the highest net photosynthetic rate in both years. Net income for the BM treatment was the highest (USD 1226 ha−1) of all the treatments and USD 335 ha−1 greater than WM. As growth, yield and net income of maize were improved with BM, therefore this treatment was found to be the most effective for maize production in rain-fed conditions. This system is evaluated at a small scale, hence to maximize its effectiveness on a large scale, a simulation design needs to be developed.