Mahindra Rural Housing Finance Bangalore / Bengaluru Branch Credit Manager Salaries by 5 Employees

4 - 9 years exp.

₹4.6 Lakhs - ₹7.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Branch Credit Manager Salary in NBFC Companies for 4 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 4 - 9 years exp. (4 salaries)	₹5.4 L/yr - ₹7.3 L/yr
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Risk Management & Compliance Branch Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.6 L/yr

Last Updated: 7 Dec 2024

Companies similar to Mahindra Rural Housing Finance for Branch Credit Manager in Bangalore / Bengaluru

Mahindra Rural Housing Finance Branch Credit Manager Salary

4 - 9 years exp. (5 salaries)

₹4.6 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Branch Credit Manager Salary 0 - 13 years exp. (58 salaries)	₹2.7 L/yr - ₹7.5 L/yr 10% more	9 job openings
SMFG India Credit Branch Credit Manager Salary 1 - 9 years exp. (20 salaries)	₹2.9 L/yr - ₹8 L/yr 14% more	1 job opening
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Piramal Capital Housing Finance Branch Credit Manager Salary 2 - 11 years exp. (16 salaries)	₹4.5 L/yr - ₹8 L/yr 48% more
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 4 years exp. (10 salaries)	₹2.5 L/yr - ₹4.2 L/yr 28% less	1 job opening
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (6 salaries)	₹2.3 L/yr - ₹6 L/yr 27% less
Manappuram Finance Branch Credit Manager Salary 1 - 7 years exp. (6 salaries)	₹3 L/yr - ₹4.8 L/yr 16% less
Muthoot Microfin Branch Credit Manager Salary 0 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.2 L/yr 37% less
Shriram Finance Branch Credit Manager Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 8% less
CreditAccess Grameen Branch Credit Manager Salary 3 - 8 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 1% less
Tata Capital Branch Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.3 L/yr - ₹4.3 L/yr 22% less

Branch Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹4.6 Lakhs to ₹7.3 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Branch Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

View all

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

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

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

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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 Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru?

The average salary of a Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru typically ranges from ₹4.6 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Branch Credit Manager in Bangalore / Bengaluru at Mahindra Rural Housing Finance earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹7.3 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 5 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 Bangalore / Bengaluru?

The estimated take-home salary of a Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru typically ranges from ₹34,352 to ₹35,602 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 4 years to 9 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.

What are the key skills required to be a Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru?

To be a Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru, 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?

Piramal Capital Housing Finance	₹4.5 Lakhs to ₹8.0 Lakhs per year
SMFG India Credit	₹2.9 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹2.7 Lakhs to ₹7.5 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 Bangalore / Bengaluru?

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

CreditAccess Grameen	₹3.9 Lakhs to ₹5.0 Lakhs per year
Shriram Finance	₹3.0 Lakhs to ₹5.5 Lakhs per year
Manappuram Finance	₹3.0 Lakhs to ₹4.8 Lakhs per year
Tata Capital	₹3.3 Lakhs to ₹4.3 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹6.0 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 Branch Credit Manager at Mahindra Rural Housing Finance in Bangalore / Bengaluru?

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

Experience	Average Salary Range
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
7 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Branch Credit Manager Salaries in Bangalore / Bengaluru

Mahindra Rural Housing Finance Branch Credit Manager salary in Bangalore / Bengaluru ranges between ₹4.6 Lakhs to ₹7.3 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.

Mahindra Rural Housing Finance Branch Credit Manager salaries in Bangalore / Bengaluru

Companies similar to Mahindra Rural Housing Finance for Branch Credit Manager in Bangalore / Bengaluru

Latest annual salaries shared by Mahindra Rural Housing Finance Branch Credit Manager in Bangalore / Bengaluru

Experience wise Mahindra Rural Housing Finance Branch Credit Manager salaries in Bangalore / Bengaluru

Top skills at Mahindra Rural Housing Finance for Branch Credit Manager

Salary related reviews for Mahindra Rural Housing Finance

Branch Credit Manager in Rajahmundry

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Credit Manager in Jalandhar

Mahindra Rural Housing Finance Branch Credit Manager Salary FAQs

Tell us how to improve this page.