Mahindra Rural Housing Finance Vadodara Area Credit Manager Salaries by 2 Employees (Updated 2024)

8 - 9 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

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Salaries in different departments

Customer Success, Service & Operations Area Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹7.8 L/yr
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Finance & Accounting Area Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.2 L/yr

Last Updated: 19 Sep 2024

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

Mahindra Rural Housing Finance Area Credit Manager Salary

8 - 9 years exp. (AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Microfin Area Credit Manager Salary 2 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹2.9 L/yr 70% less
Bharat Financial Inclusion Area Credit Manager Salary 12 - 15 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 18% less
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Bajaj Finance Area Credit Manager Salary 5 - 9 years exp. (3 salaries)	₹7.2 L/yr - ₹12 L/yr 30% more
Tyger Capital Area Credit Manager Salary 8 - 13 years exp. (4 salaries)	₹6.2 L/yr - ₹8.5 L/yr 1% less
Bajaj Finserv Area Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹7.5 L/yr - ₹11.6 L/yr 27% more

Area Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Rural Housing Finance.

Similar Designation salaries in Mahindra Rural Housing Finance

Relationship Manager Salary

(5 salaries)

₹3.5 L/yr - ₹3.6 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.4 L/yr - ₹8.5 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

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

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

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

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).

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..

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

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

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Rural Housing Finance Area Credit Manager Salary FAQs

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

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

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Mahindra Rural Housing Finance Area Credit Manager Salaries in Vadodara

Mahindra Rural Housing Finance Area Credit Manager salary in Vadodara ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Rural Housing Finance.