Mahindra Rural Housing Finance Nagpur Assistant Credit Manager Salaries by 8 Employees

3 - 8 years exp.

₹2.7 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% more than the average Assistant Credit Manager Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

Finance & Accounting Assistant Credit Manager Salary 5 - 8 years exp. (5 salaries)	₹2.7 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Assistant Credit Manager Salary 3 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.6 L/yr

Last Updated: 8 Jan 2024

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

Mahindra Rural Housing Finance Assistant Credit Manager Salary

3 - 8 years exp. (8 salaries)

₹2.7 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Assistant Credit Manager Salary 7 - 12 years exp. (6 salaries)	₹2.4 L/yr - ₹3.7 L/yr 20% less
Mahindra Finance Assistant Credit Manager Salary 5 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr 2% more
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Varthana Assistant Credit Manager Salary 4 - 10 years exp. (5 salaries)	₹5 L/yr - ₹6.5 L/yr 17% more
Swarna Pragati Housing Microfinance Assistant Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹2.8 L/yr 48% less
Equitas Small Finance Bank Assistant Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 9% less

Assistant Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹2.7 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Mahindra Rural Housing Finance.

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

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (3 salaries)	₹4 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary

(39 salaries)

₹2.2 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(8 salaries)

₹3.62 L/yr - ₹5.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹14.5 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹7.5 L/yr

Top skills at Mahindra Rural Housing Finance for Assistant Credit Manager

Credit Management

Salary related reviews for Mahindra Rural Housing Finance

5.0

Rated by 1 employees for salary & benefits

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

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

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

Salary - Bad

+1 more

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.

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

Skill development - Bad

+5 more

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

Skill development - Excellent

+5 more

Dislikes

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

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Rural Housing Finance Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur?

The average salary of a Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹2.7 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Assistant Credit Manager in Nagpur at Mahindra Rural Housing Finance earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Credit Manager 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 8 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur?

The estimated take-home salary of a Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹34,515 to ₹35,761 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 8 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur?

Credit Management is a popular skill required to work as a Assistant Credit Manager at Mahindra Rural Housing Finance.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Assistant Credit Manager in India?

Varthana	₹5.0 Lakhs to ₹6.5 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹4.9 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 Assistant Credit Manager in companies similar to Mahindra Rural Housing Finance in Nagpur?

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

Equitas Small Finance Bank	₹2.5 Lakhs to ₹5.0 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹3.7 Lakhs per year
Swarna Pragati Housing Microfinance	₹2.1 Lakhs to ₹2.8 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 Assistant Credit Manager at Mahindra Rural Housing Finance in Nagpur?

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

Experience	Average Salary Range
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Assistant Credit Manager Salaries in Nagpur

Mahindra Rural Housing Finance Assistant Credit Manager salary in Nagpur ranges between ₹2.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Assistant Credit Manager salaries in Nagpur

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

Latest annual salaries shared by Mahindra Rural Housing Finance Assistant Credit Manager in Nagpur

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

Similar Designation salaries in Mahindra Rural Housing Finance

Top skills at Mahindra Rural Housing Finance for Assistant Credit Manager

Salary related reviews for Mahindra Rural Housing Finance

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Credit Manager in Jalandhar

Branch Credit Manager in Rajahmundry

Mahindra Rural Housing Finance Assistant Credit Manager Salary FAQs

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