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Mahindra Rural Housing Finance Area Credit Manager salaries in Nagpur

Annual salary range
9 - 18 years exp.
₹7 Lakhs - ₹14.5 Lakhs
Salary of majority employees
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25% less than the average Area Credit Manager Salary in NBFC Companies for 9 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
9 - 15 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹14.5 L/yr

Customer Success, Service & Operations
Area Credit Manager Salary
13 - 18 years exp. (AmbitionBox Estimate)
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₹7.4 L/yr - ₹7.7 L/yr

Last Updated: 4 Jun 2024

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

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Mahindra Rural Housing Finance Area Credit Manager Salary

9 - 18 years exp. (4 salaries)

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₹7 L/yr - ₹14.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finance Area Credit Manager Salary

5 - 9 years exp. (5 salaries)

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₹6.1 L/yr - ₹10 L/yr

arrow icon 8% more
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Poonawalla Fincorp Area Credit Manager Salary

8 - 10 years exp. (5 salaries)

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₹7 L/yr - ₹10.4 L/yr

arrow icon 14% more
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Muthoot Fincorp Area Credit Manager Salary

6 - 11 years exp. (3 salaries)

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₹5.3 L/yr - ₹7.9 L/yr

arrow icon 29% less
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ICICI Bank Area Credit Manager Salary

1 - 8 years exp. (4 salaries)

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₹12.1 L/yr - ₹18 L/yr

arrow icon 39% more
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₹5.9 L/yr - ₹12.5 L/yr

arrow icon 5% less
Area Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 9 years to 18 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 Nagpur

7mo ago
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9 years exp.
8mo ago
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15 years exp.
8mo ago
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18 years exp.
1y ago
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13 years exp.

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

Last Updated: 4 Jun 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
11 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
13 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹16.1 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary
(40 salaries)
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₹2 L/yr - ₹7 L/yr
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₹3.62 L/yr - ₹5.5 L/yr
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₹2.65 L/yr - ₹4.95 L/yr
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₹5 L/yr - ₹7.5 L/yr
Credit Officer Salary
(5 salaries)
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₹1.85 L/yr - ₹3.34 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

5.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Bad
    +1 more

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

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  • 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).

read more
  • Job security - Poor

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.

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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

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  • Skill development - Bad
    +5 more

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

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  • Skill development - Excellent
    +5 more

Dislikes

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

read more
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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 Nagpur?
Area Credit Manager salary at Mahindra Rural Housing Finance in Nagpur ranges between ₹7.0 Lakhs to ₹14.5 Lakhs for experience between 9 years to 18 years. According to our estimates it is 25% 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 Nagpur.
How does the salary of a Area Credit Manager at Mahindra Rural Housing Finance Nagpur compare with the average salary range for this job?
The average salary of a Area Credit Manager at Mahindra Rural Housing Finance is 25% less than the average salary of a Area Credit Manager in Nagpur. 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 Nagpur.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Area Credit Manager in Nagpur?
  • ICICI Bank Area Credit Manager Salary - ₹12.1 Lakhs to ₹18.0 Lakhs per year
  • Poonawalla Fincorp Area Credit Manager Salary - ₹7.0 Lakhs to ₹10.4 Lakhs per year
  • Bajaj Finance Area Credit Manager Salary - ₹6.1 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to Mahindra Rural Housing Finance in Nagpur?
  • India Shelter Finance Corporation Area Credit Manager Salary - ₹5.9 Lakhs to ₹12.5 Lakhs per year
  • Muthoot Fincorp Area Credit Manager Salary - ₹5.3 Lakhs to ₹7.9 Lakhs per year
What is the estimated take home salary of a Area Credit Manager at Mahindra Rural Housing Finance in Nagpur?
The estimated take-home salary of a Area Credit Manager at Mahindra Rural Housing Finance ranges between ₹64,899 per month to ₹66,555 per month in Nagpur. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Area Credit Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.5 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager at Mahindra Rural Housing Finance in Nagpur?
According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Area Credit Managers in Nagpur reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Rural Housing Finance Area Credit Manager salary in Nagpur ranges between ₹7 Lakhs to ₹14.5 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.