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Mahindra Rural Housing Finance Area Credit Manager salaries in Madurai

Annual salary range
8 - 9 years exp.
₹5.6 Lakhs - ₹9.8 Lakhs
Salary of majority employees
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44% less than the average Area Credit Manager Salary in NBFC Companies for 8 - 9 years of experience

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Last Updated: 8 Jan 2024

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

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Mahindra Rural Housing Finance Area Credit Manager Salary

8 - 9 years exp. (4 salaries)

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₹5.6 L/yr - ₹9.8 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Area Credit Manager Salary

10 - 17 years exp. (3 salaries)

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₹12.3 L/yr - ₹20 L/yr

arrow icon 148% more
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₹8.6 L/yr - ₹10.5 L/yr

arrow icon 25% more
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NeoGrowth Credit Area Credit Manager Salary

2 - 6 years exp. (4 salaries)

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₹5.7 L/yr - ₹8 L/yr

arrow icon 1% more
1 job opening
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Axis Bank Area Credit Manager Salary

9 - 13 years exp. (4 salaries)

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₹9 L/yr - ₹18.6 L/yr

arrow icon 96% more
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Bandhan Bank Area Credit Manager Salary

6 - 8 years exp. (3 salaries)

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₹7.5 L/yr - ₹13.6 L/yr

arrow icon 56% 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.

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

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9 years exp.
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8 years exp.
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9 years exp.
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8 years exp.

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)

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₹5.6 L/yr - ₹13.3 L/yr
9 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹9.8 L/yr

Top skills at Mahindra Rural Housing Finance for Area Credit Manager

Disbursement Credit Underwriting Credit Appraisal Credit Management Credit Risk Credit Credit Operations Credit Monitoring Credit Risk Analysis Sanction Credit Assessment Credit Processing Credit Evaluation Credit Analysis Credit Policy

Salary related reviews for Mahindra Rural Housing Finance

Full Time

 · 

Other Department

1.0
  •  posted on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

Skill development

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

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Full Time

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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

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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).

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Full Time

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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..

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.

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Full Time

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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

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Full Time

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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

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Dislikes

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

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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 44% 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 44% 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 Appraisal, Credit Management and Credit Risk 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?
  • HDFC Bank Area Credit Manager Salary - ₹12.3 Lakhs to ₹20.0 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹9.0 Lakhs to ₹18.6 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 - ₹8.6 Lakhs to ₹10.5 Lakhs per year
  • NeoGrowth Credit Area Credit Manager Salary - ₹5.7 Lakhs to ₹8.0 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 ₹55,829 per month to ₹57,228 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.

Tell us how to improve this page.

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 ₹unlock blur. Salary estimates are based on 4 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.