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Mahindra Rural Housing Finance Associate salaries in India

Annual salary range
1 - 6 years exp.
₹1.5 Lakh - ₹3.1 Lakhs
Salary of majority employees
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73% less than the average Associate Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
2 - 6 years exp. (4 salaries)
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₹2 L/yr - ₹2.8 L/yr

BFSI, Investments & Trading
Associate Salary
2 - 6 years exp. (3 salaries)
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₹1.9 L/yr - ₹2.5 L/yr

Engineering - Software & QA
Associate Salary
4 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹3 L/yr

Finance & Accounting
Associate Salary
2 - 4 years exp. (3 salaries)
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₹1.5 L/yr - ₹2.1 L/yr

Human Resources
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 28 Aug 2024

Companies similar to Mahindra Rural Housing Finance for Associate

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Prime Associate Salary

1 - 8 years exp. (102 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

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Spandana Sphoorty Financial Associate Salary

0 - 4 years exp. (98 salaries)

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₹1 L/yr - ₹3 L/yr

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Home Credit Finance Associate Salary

0 - 7 years exp. (76 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

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2 job openings
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Bharat Financial Inclusion Associate Salary

0 - 3 years exp. (45 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 30% more
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LIC Housing Finance Associate Salary

0 - 8 years exp. (41 salaries)

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₹4.2 L/yr - ₹10.3 L/yr

arrow icon 269% more
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Bajaj Finance Associate Salary

0 - 6 years exp. (39 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 10% more
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Tata Capital Associate Salary

0 - 11 years exp. (31 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

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5 job openings
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HDB Financial Services Associate Salary

1 - 5 years exp. (31 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 21% more
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Mahindra Finance Associate Salary

0 - 7 years exp. (29 salaries)

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₹1.7 L/yr - ₹4.4 L/yr

arrow icon 37% more
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IIFL Finance Associate Salary

0 - 4 years exp. (16 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 110% more
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Tata Motors Finance Associate Salary

1 - 6 years exp. (16 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

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SMFG India Credit Associate Salary

0 - 4 years exp. (14 salaries)

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₹1.3 L/yr - ₹2.6 L/yr

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L&T Finance Associate Salary

0 - 6 years exp. (7 salaries)

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₹1.7 L/yr - ₹3.6 L/yr

arrow icon 26% more
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Manappuram Finance Associate Salary

1 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 29% more
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Poonawalla Fincorp Associate Salary

1 - 5 years exp. (6 salaries)

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₹3.2 L/yr - ₹4 L/yr

arrow icon 63% more
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Muthoot Fincorp Associate Salary

1 - 5 years exp. (5 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

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TVS Credit Associate Salary

0 - 4 years exp. (5 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 17% more
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₹1.4 L/yr - ₹2.3 L/yr

arrow icon 6% less
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Muthoot Finance Associate Salary

0 - 2 years exp. (5 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 18% more
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Aditya Birla Finance Associate Salary

1 - 5 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 12% more
View all
Associate salary at Mahindra Rural Housing Finance ranges between ₹1.5 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Associate

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Experience wise Mahindra Rural Housing Finance Associate salaries

Last Updated: 28 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
2 years  (4 salaries)

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₹1.9 L/yr - ₹2.1 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Team Lead Salary
(7 salaries)
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₹1.3 L/yr - ₹3.1 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹66.5 L/yr - ₹73.5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr
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₹2.2 L/yr - ₹20 L/yr
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₹2.1 L/yr - ₹3.8 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.4

Rated by 5 employees for salary & benefits

Credit Operation Department

4.0
  •  posted on 26 Jan 2021

3.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair.

read more
  • Skill development - Good
  • +2 more

Dislikes

Salary is low but work load is heavy. Workplace is not given near home

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Jan 2025

1.0
 for  Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

read more

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

read more
  • Salary - Bad
  • +6 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

 · 

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

read more
  • Salary - Bad
  • +1 more

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
see more salary related reviews

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Mahindra Rural Housing Finance Associate Salary FAQs

What is the salary of Associate at Mahindra Rural Housing Finance ?
The average salary of a Associate at Mahindra Rural Housing Finance in India typically ranges from ₹1.5 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Associate at Mahindra Rural Housing Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Associate 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 10+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Associate at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Associate at Mahindra Rural Housing Finance in India typically ranges from ₹14,112 to ₹15,603 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 Associate in India?
Asirvad Microfinance ₹15.0 Lakhs to ₹26.0 Lakhs per year
LIC Housing Finance ₹4.2 Lakhs to ₹10.3 Lakhs per year
IIFL Finance ₹3.0 Lakhs to ₹9.0 Lakhs per year
Tata Capital ₹1.7 Lakhs to ₹5.5 Lakhs per year
Poonawalla Fincorp ₹3.2 Lakhs to ₹4.0 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 Associate in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Associate 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:

Shriram Finance ₹1.5 Lakhs to ₹3.3 Lakhs per year
Mahindra Finance ₹1.7 Lakhs to ₹4.4 Lakhs per year
Kotak Mahindra Prime ₹1.6 Lakhs to ₹4.5 Lakhs per year
Bharat Financial Inclusion ₹1.4 Lakhs to ₹3.5 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹3.0 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 Associate at Mahindra Rural Housing Finance in India?
The salary growth for a Associate at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹1.9 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.1 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.0 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Associate salary in India ranges between ₹1.5 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.