Mahindra Rural Housing Finance Area Head Salaries by 5 Employees

13 - 15 years exp.

₹12.3 Lakhs - ₹19.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

70% more than the average Area Head Salary in NBFC Companies for 13 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Head Salary 14 - 15 years exp. (3 salaries)	₹12.3 L/yr - ₹19.5 L/yr
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Sales & Business Development Area Head Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹19.5 L/yr

Last Updated: 8 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Area Head

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Area Head Salary 5 - 10 years exp. (70 salaries)	₹3.1 L/yr - ₹6.5 L/yr 72% less
Aditya Birla Finance Area Head Salary 6 - 14 years exp. (42 salaries)	₹4.5 L/yr - ₹12.6 L/yr 57% less
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Axis Finance Area Head Salary 11 - 15 years exp. (13 salaries)	₹15 L/yr - ₹23.2 L/yr 1% more
Asirvad Microfinance Area Head Salary 4 - 9 years exp. (8 salaries)	₹5.1 L/yr - ₹6 L/yr 69% less
Bajaj Finance Area Head Salary 5 - 22 years exp. (7 salaries)	₹7.5 L/yr - ₹24 L/yr 22% less
HDB Financial Services Area Head Salary 4 - 22 years exp. (7 salaries)	₹7.5 L/yr - ₹15.3 L/yr 27% less
IIFL Finance Area Head Salary 12 - 17 years exp. (6 salaries)	₹8.7 L/yr - ₹15 L/yr 32% less
Shriram Finance Area Head Salary 0 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹15.5 L/yr 48% less
TVS Credit Area Head Salary 13 - 18 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 12% less
L&T Finance Area Head Salary 6 - 11 years exp. (4 salaries)	₹5.2 L/yr - ₹19.2 L/yr 32% less
Tata Capital Area Head Salary 16 - 19 years exp. (4 salaries)	₹11 L/yr - ₹26 L/yr 8% less
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Piramal Capital Housing Finance Area Head Salary 12 - 15 years exp. (4 salaries)	₹10 L/yr - ₹12.4 L/yr 34% less
Muthoot Fincorp Area Head Salary 8 - 11 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 63% less

Area Head salary at Mahindra Rural Housing Finance ranges between ₹12.3 Lakhs to ₹19.5 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Area Head salaries

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹19.5 L/yr
14 years (AmbitionBox Estimate)	₹16 L/yr - ₹19.5 L/yr
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15+ years (AmbitionBox Estimate)	₹12.3 L/yr - ₹17.4 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

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Salary related reviews for Mahindra Rural Housing Finance

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.

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Territory Sales Manager in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Apr 2023

4.0

for Salary and Benefits

Likes

Salary on time

Salary - Good

+2 more

Dislikes

No salary growth after internal promotion. Working on Sunday Late night Working Very poor incentive policy All work manually Poor infrastructure Lazy HR Casual approach company Risk on field to executive on collection time Poor legal

Skill development - Bad

+1 more

Territory Manager in Machilipatnam

Full Time

Sales & Business Development Department

5.0

• posted on 17 Oct 2022

2.0

for Salary and Benefits

Likes

1.In this company provide loans for rural people and transforming rural areas in that reason educate to rural people 2.For giving best career to every one 3.Freshers can do and mingle with this company easily

Job security - Excellent

+1 more

Dislikes

Salary Hich is very bad

Salary - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Rural Housing Finance Area Head Salary FAQs

What is the salary of Area Head at Mahindra Rural Housing Finance ?

The average salary of a Area Head at Mahindra Rural Housing Finance in India typically ranges from ₹12.3 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 13 years to 15 years).

The top 10% of Area Head at Mahindra Rural Housing Finance earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Area Head Salaries at Mahindra Rural Housing Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Area Head at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Area Head at Mahindra Rural Housing Finance in India typically ranges from ₹1,17,727 to ₹1,21,021 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 13 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Area Head in India?

Axis Finance

₹15.0 Lakhs to ₹23.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Rural Housing Finance, depending on the role and experience level.

What is the salary of a Area Head in companies similar to Mahindra Rural Housing Finance in India?

The salary of a Area Head at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital	₹11.0 Lakhs to ₹26.0 Lakhs per year
TVS Credit	₹13.0 Lakhs to ₹17.0 Lakhs per year
Bajaj Finance	₹7.5 Lakhs to ₹24.0 Lakhs per year
HDB Financial Services	₹7.5 Lakhs to ₹15.3 Lakhs per year
L&T Finance	₹5.2 Lakhs to ₹19.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Area Head at Mahindra Rural Housing Finance in India?

The salary growth for a Area Head at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Area Head can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience	Average Salary Range
13 years	₹19.5 Lakhs to ₹19.5 Lakhs per year
14 years	₹16.0 Lakhs to ₹19.5 Lakhs per year
15 years	₹12.3 Lakhs to ₹17.4 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Area Head Salaries

Mahindra Rural Housing Finance Area Head salary in India ranges between ₹12.3 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.