Mahindra Rural Housing Finance Madurai Area Credit Manager Salaries by 4 Employees (Updated 2025)

8 - 9 years exp.

₹5.6 Lakhs - ₹9.8 Lakhs

Salary of majority employees

38% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 9 years of experience

Interested in this particular role? 1 job opening

Last Updated: 8 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Area Credit Manager in Madurai

Mahindra Rural Housing Finance Area Credit Manager Salary

8 - 9 years exp. (4 salaries)

₹5.6 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Area Credit Manager Salary 9 - 13 years exp. (7 salaries)	₹7.1 L/yr - ₹20.7 L/yr 72% more
ESAF Small Finance Bank Area Credit Manager Salary 9 - 13 years exp. (4 salaries)	₹8.5 L/yr - ₹10.5 L/yr 11% more
Login to view exact salary
NeoGrowth Credit Area Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹5.7 L/yr - ₹9.6 L/yr 4% more	1 job opening
Bandhan Bank Area Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹7.5 L/yr - ₹13.6 L/yr 39% more
Aditya Birla Capital Area Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹11.5 L/yr - ₹14.1 L/yr 64% more

Area Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹5.6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Area Credit Manager salaries in Madurai

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.5 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹9.8 L/yr

Top skills at Mahindra Rural Housing Finance for Area Credit Manager

Disbursement Credit Underwriting Credit Risk Analysis Credit Appraisal Credit Analysis Credit Management Home Loans Credit Underwriting Credit Risk Credit Credit Operations Credit Operations Credit Monitoring Credit Risk Analysis Sanction

Salary related reviews for Mahindra Rural Housing Finance

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 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.

Credit Manager in Jalandhar

Full Time

Risk Management & Compliance Department

1.0

• posted on 01 Apr 2023

3.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...Credit manager is responsible if vendor doesn't submit their bills timely, 😔 Travel allowance is not paid on time, No proper hygiene branches. Overall experience is much bad and not recommended

Skill development - Bad

+5 more

Branch Credit Manager in Rajahmundry

Full Time

Other Department

5.0

• posted on 17 Jun 2023

3.0

for Salary and Benefits

Likes

Even though it is NBFC Work life balance is too good, In credit department all superiors are very supportive and will help you in difficult assignments. Overall work experience is good

Skill development - Excellent

+5 more

Dislikes

Low salary but good incentive structure and recognise your hard work In some places bad politics

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Rural Housing Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Mahindra Rural Housing Finance Madurai?

Area Credit Manager salary at Mahindra Rural Housing Finance in Madurai ranges between ₹5.6 Lakhs to ₹9.8 Lakhs for experience between 8 years to 9 years. According to our estimates it is 38% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance Madurai.

How does the salary of a Area Credit Manager at Mahindra Rural Housing Finance Madurai compare with the average salary range for this job?

The average salary of a Area Credit Manager at Mahindra Rural Housing Finance is 38% less than the average salary of a Area Credit Manager in Madurai. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Mahindra Rural Housing Finance?

Disbursement, Credit Underwriting, Credit Risk Analysis, Credit Appraisal and Credit Analysis are some of the popular skills required to work as a Area Credit Manager at Mahindra Rural Housing Finance Madurai.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Area Credit Manager in Madurai?

Axis Bank Area Credit Manager Salary - ₹7.1 Lakhs to ₹20.7 Lakhs per year
Aditya Birla Capital Area Credit Manager Salary - ₹11.5 Lakhs to ₹14.1 Lakhs per year
Bandhan Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹13.6 Lakhs per year
ESAF Small Finance Bank Area Credit Manager Salary - ₹8.5 Lakhs to ₹10.5 Lakhs per year
NeoGrowth Credit Area Credit Manager Salary - ₹5.7 Lakhs to ₹9.6 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Mahindra Rural Housing Finance in Madurai?

The estimated take-home salary of a Area Credit Manager at Mahindra Rural Housing Finance ranges between ₹60,394 per month to ₹61,922 per month in Madurai. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Area Credit Manager salary in India which ranges between ₹5.6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 8 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Mahindra Rural Housing Finance in Madurai?

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Area Credit Managers in Madurai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Area Credit Manager Salaries in Madurai

Mahindra Rural Housing Finance Area Credit Manager salary in Madurai ranges between ₹5.6 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Area Credit Manager salaries in Madurai

Companies similar to Mahindra Rural Housing Finance for Area Credit Manager in Madurai

Latest annual salaries shared by Mahindra Rural Housing Finance Area Credit Manager in Madurai

Experience wise Mahindra Rural Housing Finance Area Credit Manager salaries in Madurai

Top skills at Mahindra Rural Housing Finance for Area Credit Manager

Salary related reviews for Mahindra Rural Housing Finance

Area Credit Manager in Kochi

Branch Manager in Shujalpur

Branch Manager in Akola

Credit Manager in Jalandhar

Branch Credit Manager in Rajahmundry

Mahindra Rural Housing Finance Area Credit Manager Salary FAQs

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