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Mahindra Rural Housing Finance Area Credit Manager salaries in Risk Management & Compliance in India

Annual salary range
6 - 15 years exp.
₹7 Lakhs - ₹14.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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23% less than the average Area Credit Manager Salary in NBFC Companies for 6 - 15 years of experience

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Last Updated: 20 Nov 2024

Companies similar to Mahindra Rural Housing Finance for Area Credit Manager in Risk Management & Compliance department

Company name Avg Annual Salary Open Jobs
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L&T Finance Area Credit Manager Salary

7 - 12 years exp. (6 salaries)

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₹12.5 L/yr - ₹16.5 L/yr

arrow icon 43% more
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HDFC Bank Area Credit Manager Salary

6 - 17 years exp. (24 salaries)

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₹9.7 L/yr - ₹29 L/yr

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₹8.2 L/yr - ₹15 L/yr

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2 job openings
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Aditya Birla Finance Area Credit Manager Salary

6 - 13 years exp. (16 salaries)

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₹8.1 L/yr - ₹16 L/yr

arrow icon 30% more
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Poonawalla Fincorp Area Credit Manager Salary

5 - 14 years exp. (15 salaries)

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₹6.6 L/yr - ₹18.7 L/yr

arrow icon 26% more
3 job openings
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Bajaj Finance Area Credit Manager Salary

5 - 12 years exp. (7 salaries)

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₹8.5 L/yr - ₹15.2 L/yr

arrow icon 12% more
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SMFG India Credit Area Credit Manager Salary

5 - 11 years exp. (5 salaries)

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₹6 L/yr - ₹11.4 L/yr

arrow icon 4% more
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₹4.9 L/yr - ₹9.7 L/yr

arrow icon 12% less
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Muthoot Microfin Area Credit Manager Salary

4 - 9 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.3 L/yr

arrow icon 61% less
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Tata Capital Area Credit Manager Salary

7 - 9 years exp. (3 salaries)

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₹16 L/yr - ₹25 L/yr

arrow icon 114% more
13 job openings
Area Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹7 Lakhs to ₹14.3 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Area Credit Manager in Risk Management & Compliance department

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Experience wise Mahindra Rural Housing Finance Area Credit Manager salaries in Risk Management & Compliance department

Last Updated: 20 Nov 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹16.3 L/yr
7 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹10.4 L/yr
8 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹16.5 L/yr
10 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

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₹2.1 L/yr - ₹7.81 L/yr
Credit Manager Salary
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₹2 L/yr - ₹8.6 L/yr
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₹3.45 L/yr - ₹9 L/yr
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₹16.3 L/yr - ₹19 L/yr
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(295 salaries)
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₹1.85 L/yr - ₹7.25 L/yr
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₹1.5 L/yr - ₹6 L/yr
Credit Officer Salary
(195 salaries)
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₹1.55 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4 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

4.3

Rated by 3 employees for salary & benefits

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

 · 

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

 · 

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

 · 

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 in Risk Management & Compliance department?
Area Credit Manager salary at Mahindra Rural Housing Finance in Risk Management & Compliance department in India ranges between ₹7.0 Lakhs to ₹14.3 Lakhs for experience between 6 years to 15 years. According to our estimates it is 23% less than the average Area Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance India in Risk Management & Compliance department.
How does the salary of a Area Credit Manager at Mahindra Rural Housing Finance India in Risk Management & Compliance department compare with the average salary range for this job?
The average salary of a Area Credit Manager at Mahindra Rural Housing Finance in Risk Management & Compliance department is 23% less than the average salary of a Area Credit Manager in India. 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 India.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Area Credit Manager in Risk Management & Compliance department in India?
  • Tata Capital Area Credit Manager Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
  • HDFC Bank Area Credit Manager Salary - ₹9.7 Lakhs to ₹29.0 Lakhs per year
  • L&T Finance Area Credit Manager Salary - ₹12.5 Lakhs to ₹16.5 Lakhs per year
  • Aditya Birla Finance Area Credit Manager Salary - ₹8.1 Lakhs to ₹16.0 Lakhs per year
  • Poonawalla Fincorp Area Credit Manager Salary - ₹6.6 Lakhs to ₹18.7 Lakhs per year
What is the salary of a Area Credit Manager in Risk Management & Compliance department in companies similar to Mahindra Rural Housing Finance in India?
  • HDB Financial Services Area Credit Manager Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year
  • Bajaj Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹15.2 Lakhs per year
  • SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹11.4 Lakhs per year
  • CreditAccess Grameen Area Credit Manager Salary - ₹4.9 Lakhs to ₹9.7 Lakhs per year
  • Muthoot Microfin Area Credit Manager Salary - ₹3.6 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Area Credit Manager in Risk Management & Compliance department at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Area Credit Manager in Risk Management & Compliance department at Mahindra Rural Housing Finance ranges between ₹67,284 per month to ₹69,007 per month in India. 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 ₹14.3 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager in Risk Management & Compliance department at Mahindra Rural Housing Finance?
According to AmbitionBox, 93% of the Mahindra Rural Housing Finance Area Credit Managers in Risk Management & Compliance department reported a notice period of 3 Months, 7% reported a notice period of 2 Months.This is based on 14 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Area Credit Manager salary in Risk Management & Compliance department in India ranges between ₹7 Lakhs to ₹14.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.