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Mahindra Rural Housing Finance Branch Credit Manager salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹2.1 Lakhs - ₹7.8 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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11% less than the average Branch Credit Manager Salary in NBFC Companies for 2 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting
Branch Credit Manager Salary
2 - 10 years exp. (51 salaries)
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₹3 L/yr - ₹7.8 L/yr

BFSI, Investments & Trading
Branch Credit Manager Salary
3 - 10 years exp. (34 salaries)
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₹2.1 L/yr - ₹7.4 L/yr

Risk Management & Compliance
Branch Credit Manager Salary
2 - 8 years exp. (14 salaries)
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₹3 L/yr - ₹6.8 L/yr

Customer Success, Service & Operations
Branch Credit Manager Salary
2 - 8 years exp. (8 salaries)
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₹3 L/yr - ₹7.5 L/yr

Last Updated: 3 Apr 2025

Companies similar to Mahindra Rural Housing Finance for Branch Credit Manager

Company name Avg Annual Salary Open Jobs
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₹2.3 L/yr - ₹8 L/yr

arrow icon 6% more
9 job openings
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₹3 L/yr - ₹9.5 L/yr

arrow icon 42% more
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Muthoot Microfin Branch Credit Manager Salary

0 - 6 years exp. (161 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 44% less
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₹1.5 L/yr - ₹5 L/yr

arrow icon 33% less
1 job opening
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SMFG India Credit Branch Credit Manager Salary

1 - 11 years exp. (252 salaries)

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₹1.9 L/yr - ₹9.3 L/yr

arrow icon 2% more
1 job opening
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Bajaj Finance Branch Credit Manager Salary

4 - 10 years exp. (121 salaries)

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₹3.1 L/yr - ₹8.5 L/yr

arrow icon 30% more
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Aavas Financiers Branch Credit Manager Salary

2 - 11 years exp. (72 salaries)

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₹3.5 L/yr - ₹7.8 L/yr

arrow icon 19% more
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IIFL Finance Branch Credit Manager Salary

1 - 6 years exp. (56 salaries)

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₹1.8 L/yr - ₹6.9 L/yr

arrow icon 32% less
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Muthoot Fincorp Branch Credit Manager Salary

0 - 12 years exp. (64 salaries)

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₹2.7 L/yr - ₹7.6 L/yr

arrow icon 1% more
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Manappuram Finance Branch Credit Manager Salary

0 - 10 years exp. (34 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 16% less
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₹3 L/yr - ₹5.5 L/yr

arrow icon 18% less
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Shriram Finance Branch Credit Manager Salary

2 - 10 years exp. (31 salaries)

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₹2.4 L/yr - ₹6.1 L/yr

arrow icon 17% less
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₹4 L/yr - ₹13 L/yr

arrow icon 52% more
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Tata Capital Branch Credit Manager Salary

2 - 9 years exp. (19 salaries)

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₹2.9 L/yr - ₹9.5 L/yr

arrow icon 12% more
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Mahindra Finance Branch Credit Manager Salary

6 - 11 years exp. (11 salaries)

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₹2.8 L/yr - ₹6.4 L/yr

arrow icon 8% less
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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 15% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 45% less
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L&T Finance Branch Credit Manager Salary

0 - 4 years exp. (7 salaries)

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₹3.5 L/yr - ₹5.1 L/yr

arrow icon 6% less
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Muthoot Finance Branch Credit Manager Salary

2 - 6 years exp. (7 salaries)

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₹3 L/yr - ₹5.6 L/yr

arrow icon 14% less
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₹3.5 L/yr - ₹11 L/yr

arrow icon 32% more
View all
Branch Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹2.1 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 128 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Branch Credit Manager

2d ago
₹5.3 Lakhs
6 years exp.
4d ago
₹6.4 Lakhs
9 years exp.
1w ago
₹5.6 Lakhs
6 years exp.
2w ago
₹3.5 Lakhs
5 years exp.
3w ago
₹7.8 Lakhs
6 years exp.
4w ago
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5 years exp.
1mo ago
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9 years exp.
1mo ago
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2 years exp.
1mo ago
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10 years exp.
1mo ago
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8 years exp.

Experience wise Mahindra Rural Housing Finance Branch Credit Manager salaries

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
2 years  (7 salaries)

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₹3 L/yr - ₹6.3 L/yr
3 years  (7 salaries)

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₹2.5 L/yr - ₹8.3 L/yr
4 years  (22 salaries)

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₹2.1 L/yr - ₹7.2 L/yr
5 years  (27 salaries)

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₹3 L/yr - ₹7.3 L/yr
6 years  (23 salaries)

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₹2.5 L/yr - ₹7.8 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

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₹5.6 L/yr - ₹14.78 L/yr
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₹40.8 L/yr - ₹52 L/yr
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₹3 L/yr - ₹8.5 L/yr
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₹16.3 L/yr - ₹19 L/yr
Branch Manager Salary
(363 salaries)
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₹1.85 L/yr - ₹8 L/yr
Credit Manager Salary
(84 salaries)
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₹2 L/yr - ₹8.54 L/yr
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₹2.25 L/yr - ₹6 L/yr
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₹2.71 L/yr - ₹3.7 L/yr
Chief Manager Salary
(7 salaries)
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₹17.1 L/yr - ₹25 L/yr
Sales Manager Salary
(19 salaries)
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₹1.5 L/yr - ₹6 L/yr

Top skills at Mahindra Rural Housing Finance for Branch Credit Manager

Credit Underwriting Home Loans Credit Appraisal Housing Loan Laptop Credit Underwriting Mortgage Loans Loan against Property Credit Assessment Phlebotomy Credit Analysis US Mortgage Credit Management Risk Management Home Loans

Salary related reviews for Mahindra Rural Housing Finance

3.6

Rated by 34 employees for salary & benefits

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

read more
  • Skill development - Excellent
  • +5 more

Dislikes

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

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

 · 

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

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

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

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Mahindra Rural Housing Finance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Mahindra Rural Housing Finance ?
The average salary of a Branch Credit Manager at Mahindra Rural Housing Finance in India typically ranges from ₹2.1 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Branch Credit Manager at Mahindra Rural Housing Finance earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Branch 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 100+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Branch Credit Manager at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Branch Credit Manager at Mahindra Rural Housing Finance in India typically ranges from ₹36,074 to ₹37,298 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 2 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 100+ 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 Branch Credit Manager at Mahindra Rural Housing Finance ?
To be a Branch Credit Manager at Mahindra Rural Housing Finance in india, the key skills required include:

  • - Credit Underwriting
  • - Home Loans
  • - Credit Appraisal
  • - Housing Loan
  • - Laptop

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 Branch Credit Manager in India?
Kotak Mahindra Prime ₹4.9 Lakhs to ₹10.0 Lakhs per year
Axis Finance ₹7.3 Lakhs to ₹10.3 Lakhs per year
Aditya Birla Finance ₹4.0 Lakhs to ₹13.0 Lakhs per year
Piramal Capital Housing Finance ₹3.0 Lakhs to ₹9.5 Lakhs per year
Poonawalla Fincorp ₹3.5 Lakhs to ₹11.0 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 Branch Credit Manager in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Branch Credit Manager 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:

Bajaj Finance ₹3.1 Lakhs to ₹8.5 Lakhs per year
Aavas Financiers ₹3.5 Lakhs to ₹7.8 Lakhs per year
Tata Capital ₹2.9 Lakhs to ₹9.5 Lakhs per year
HDB Financial Services ₹2.3 Lakhs to ₹8.0 Lakhs per year
TVS Credit ₹4.8 Lakhs to ₹5.5 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 Branch Credit Manager at Mahindra Rural Housing Finance in India?
The salary growth for a Branch Credit Manager at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹6.3 Lakhs per year
3 years ₹2.5 Lakhs to ₹8.3 Lakhs per year
4 years ₹2.1 Lakhs to ₹7.2 Lakhs per year
5 years ₹3.0 Lakhs to ₹7.3 Lakhs per year
and so on.

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Mahindra Rural Housing Finance Branch Credit Manager salary in India ranges between ₹2.1 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 128 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.