Mahindra Homes Credit Officer Salaries by 7 Employees

1 - 8 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Salary of majority employees

17% less than the average Credit Officer Salary in Real Estate Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 1 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr
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Customer Success, Service & Operations Credit Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 26 Dec 2024

Companies similar to Mahindra Homes for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (358 salaries)	₹1.9 L/yr - ₹6 L/yr 42% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (277 salaries)	₹1.6 L/yr - ₹4.4 L/yr 2% more	19 job openings
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (254 salaries)	₹1.2 L/yr - ₹4 L/yr 15% less
Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (242 salaries)	₹1.5 L/yr - ₹4.1 L/yr 13% less	5 job openings
AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (237 salaries)	₹1.3 L/yr - ₹4 L/yr 5% less

Credit Officer salary at Mahindra Homes ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Homes.

Experience wise Mahindra Homes Credit Officer salaries

Last Updated: 26 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Mahindra Homes

Credit Manager Salary

(4 salaries)

₹3 L/yr - ₹5.5 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Credit Executive Salary

(5 salaries)

₹2.1 L/yr - ₹2.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹10.5 L/yr

Branch Manager Salary

(19 salaries)

₹2.25 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.8 L/yr

Sales Manager Salary

(5 salaries)

₹1.8 L/yr - ₹5 L/yr

Branch Credit Manager Salary

(5 salaries)

₹4.2 L/yr - ₹5.2 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹4.1 L/yr - ₹6.4 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹2.6 L/yr - ₹4.9 L/yr

Salary related reviews for Mahindra Homes

5.0

Rated by 2 employees for salary & benefits

Chief Legal Manager in Mumbai

Full Time

Legal & Regulatory Department

5.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

The culture of the company is very good , it is an employee centric company with regards to works. It gives a comfortable atmosphere to work .

Salary - Good

+6 more

Dislikes

Company can work on outings, group activities, family visits, gifts and bonus on festivals etc.

Sales Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 04 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing is good

Dislikes

The country is progressing every year. Companies older than Mahindra have surpassed Mahindra in providing home loans. Appoint some good and experienced person as CEO there. Which can compete with the products running in the market there

Salary - Poor

+5 more

Branch Collection Manager in Surat

Full Time

Finance & Accounting Department

5.0

• posted on 11 Jan 2025

5.0

for Salary and Benefits

Likes

Mahindra is good Company for All Emp. Company Culture and Company security is Best In Other NBFC. I was Work with 2 years but .. my Personal Experience is Best and Safe Job In Market .. I want To go Again With MRHFL

Salary - Excellent

+5 more

Dislikes

No More Dislike

Collections Executive in Jangareddigudem

Full Time

Other Department

1.0

• posted on 17 Apr 2022

1.0

for Salary and Benefits

Likes

All are not deserve for even single star. Because the company Branch managers are so much worst and they pressure the employees and scold also a single leave don't give in that company even Sunday this is ridiculous

Dislikes

Work pressure is so much

Salary - Bad

+6 more

Finance Executive in Gondia

Intern

Finance & Accounting Department

3.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

Dislikes

Such toxic behavior by the sales team, area managers, territory and some branch managersto exert pressure to act against policy, Fraud of giving increase in salary is done to the employees. by TM and Am of Gondia branch

Salary - Poor

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Homes Credit Officer Salary FAQs

What is the salary of Credit Officer at Mahindra Homes ?

The average salary of a Credit Officer at Mahindra Homes in India typically ranges from ₹2.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Officer at Mahindra Homes earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Credit Officer Salaries at Mahindra Homes 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 7 Mahindra Homes employees in India.

What is the estimated take home salary of a Credit Officer at Mahindra Homes in India?

The estimated take-home salary of a Credit Officer at Mahindra Homes in India typically ranges from ₹21,728 to ₹23,215 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 8 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 7 salaries received from various employees of Mahindra Homes. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Homes for Credit Officer in India?

Ujjivan Small Finance Bank	₹1.9 Lakhs to ₹6.0 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Homes, depending on the role and experience level.

What is the salary of a Credit Officer in companies similar to Mahindra Homes in India?

The salary of a Credit Officer at companies similar to Mahindra Homes in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank	₹1.3 Lakhs to ₹4.0 Lakhs per year
Utkarsh Small Finance Bank	₹1.5 Lakhs to ₹4.1 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹4.0 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 Credit Officer at Mahindra Homes in India?

The salary growth for a Credit Officer at Mahindra Homes depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Mahindra Homes:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Mahindra Homes Credit Officer Salaries

Mahindra Homes Credit Officer salary in India ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra Homes latest salaries received from various employees of Mahindra Homes.