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Mahindra Rural Housing Finance Assistant Manager salaries in Chennai

Annual salary range
6 - 10 years exp.
₹3.2 Lakhs - ₹4.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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49% less than the average Assistant Manager Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.3 L/yr

Finance & Accounting
Assistant Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 9 Feb 2024

Companies similar to Mahindra Rural Housing Finance for Assistant Manager in Chennai

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Mahindra Rural Housing Finance Assistant Manager Salary

6 - 10 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.9 L/yr

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Company name Avg Annual Salary Open Jobs
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TVS Credit Assistant Manager Salary

1 - 12 years exp. (128 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 37% more
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (113 salaries)

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₹2.2 L/yr - ₹5 L/yr

arrow icon 4% less
3 job openings
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Bajaj Finance Assistant Manager Salary

0 - 10 years exp. (85 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 9% more
306 job openings
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (72 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 11% less
2 job openings
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HDB Financial Services Assistant Manager Salary

2 - 13 years exp. (55 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 5% less
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Manappuram Finance Assistant Manager Salary

0 - 6 years exp. (52 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 27% less
5 job openings
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Asirvad Microfinance Assistant Manager Salary

0 - 7 years exp. (37 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 20% less
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Kotak Mahindra Prime Assistant Manager Salary

1 - 8 years exp. (26 salaries)

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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 14% less
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Mahindra Finance Assistant Manager Salary

6 - 9 years exp. (11 salaries)

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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 14% more
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (10 salaries)

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₹3.3 L/yr - ₹10.2 L/yr

arrow icon 60% more
2 job openings
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Muthoot Fincorp Assistant Manager Salary

3 - 10 years exp. (9 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 7% less
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L&T Finance Assistant Manager Salary

3 - 9 years exp. (9 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 30% more
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₹2.5 L/yr - ₹8.2 L/yr

arrow icon 42% more
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₹3.3 L/yr - ₹5.3 L/yr

arrow icon 16% more
Assistant Manager salary at Mahindra Rural Housing Finance ranges between ₹3.2 Lakhs to ₹4.9 Lakhs per year for employees with experience between 6 years to 10 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 Assistant Manager in Chennai

1y ago
₹3.6 Lakhs
6 years exp.
1y ago
₹3.2 Lakhs
10 years exp.
1y ago
₹4.9 Lakhs
7 years exp.
1y ago
₹3.2 Lakhs
9 years exp.

Experience wise Mahindra Rural Housing Finance Assistant Manager salaries in Chennai

Last Updated: 9 Feb 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary
(24 salaries)
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₹2.15 L/yr - ₹6.4 L/yr
Sales Manager Salary
(3 salaries)
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₹1.8 L/yr - ₹3.33 L/yr
Deputy Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹5.5 L/yr

Top skills at Mahindra Rural Housing Finance for Assistant Manager

Home Loans Credit Underwriting Software Configuration Management Infrastructure Management Finance

Salary related reviews for Mahindra Rural Housing Finance

Finance & Accounting Department

5.0
  •  posted on 15 Sep 2020

3.0
 for  Salary and Benefits

Likes

...end regular meeting for smoothness process of business during Covid-19 lockdown. Also the company give us salary on time at last day of the month.

read more
  • Skill development - Good
  • +5 more

Dislikes

Still I have facing some problems like salary deduction and appraisal pending against Covid-19 effected. Rest all are ok in company.

read 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

read more
  • 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.

read more

Full Time

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Sales & Business Development Department

5.0
  •  posted on 03 Apr 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are suppotive and the management is transparent. Company polices are good

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 09 Feb 2023

2.0
 for  Salary and Benefits

Likes

Working time is good, Salary in time, Salary advance facilities available.

read more
  • Job security - Good

Dislikes

Lot of politics in this organization, Career growth not possible, Always give negative feedback those are left this organization.

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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Mahindra Rural Housing Finance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Mahindra Rural Housing Finance in Chennai?
The average salary of a Assistant Manager at Mahindra Rural Housing Finance in Chennai typically ranges from ₹3.2 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Assistant Manager in Chennai at Mahindra Rural Housing Finance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Assistant 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 4 Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Assistant Manager at Mahindra Rural Housing Finance in Chennai?
The estimated take-home salary of a Assistant Manager at Mahindra Rural Housing Finance in Chennai typically ranges from ₹31,215 to ₹32,511 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 6 years to 10 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 4 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 Manager at Mahindra Rural Housing Finance in Chennai?
To be a Assistant Manager at Mahindra Rural Housing Finance in Chennai, the key skills required include:

  • - Home Loans
  • - Credit Underwriting
  • - Software Configuration Management
  • - Infrastructure Management
  • - Finance

These skills are highly valued at Mahindra Rural Housing Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Rural Housing Finance for Assistant Manager in India?
SMFG India Credit ₹3.3 Lakhs to ₹10.2 Lakhs per year
CreditAccess Grameen ₹2.5 Lakhs to ₹8.2 Lakhs per year
TVS Credit ₹3.0 Lakhs to ₹8.5 Lakhs per year
L&T Finance ₹3.8 Lakhs to ₹8.0 Lakhs per year
Piramal Capital Housing Finance ₹3.3 Lakhs to ₹5.3 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 Manager in companies similar to Mahindra Rural Housing Finance in Chennai?
The salary of a Assistant Manager at companies similar to Mahindra Rural Housing Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance ₹3.1 Lakhs to ₹5.5 Lakhs per year
Bajaj Finance ₹2.0 Lakhs to ₹6.3 Lakhs per year
Muthoot Finance ₹2.2 Lakhs to ₹5.0 Lakhs per year
HDB Financial Services ₹1.7 Lakhs to ₹7.0 Lakhs per year
Muthoot Fincorp ₹2.0 Lakhs to ₹5.0 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 Manager at Mahindra Rural Housing Finance in Chennai?
The salary growth for a Assistant Manager at Mahindra Rural Housing Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
6 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
9 years ₹4.1 Lakhs to ₹5.2 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Assistant Manager salary in Chennai ranges between ₹3.2 Lakhs to ₹4.9 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.