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Mahindra Rural Housing Finance Branch Credit Manager salaries in Mumbai

Annual salary range
2 - 9 years exp.
₹4 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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20% less than the average Branch Credit Manager Salary in NBFC Companies for 2 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Credit Manager Salary
4 - 8 years exp. (3 salaries)
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₹4 L/yr - ₹5.2 L/yr

Finance & Accounting
Branch Credit Manager Salary
2 - 9 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 18 Oct 2024

Companies similar to Mahindra Rural Housing Finance for Branch Credit Manager in Mumbai

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Mahindra Rural Housing Finance Branch Credit Manager Salary

2 - 9 years exp. (6 salaries)

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₹4 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Branch Credit Manager Salary

1 - 9 years exp. (85 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 66% more
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₹2.7 L/yr - ₹8.9 L/yr

arrow icon 24% more
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₹3.2 L/yr - ₹7 L/yr

arrow icon 8% more
11 job openings
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₹3.6 L/yr - ₹8 L/yr

arrow icon 23% more
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₹5.5 L/yr - ₹6.6 L/yr

arrow icon 30% more
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Muthoot Fincorp Branch Credit Manager Salary

4 - 6 years exp. (3 salaries)

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₹4.3 L/yr - ₹6 L/yr

arrow icon 1% more
1 job opening
Branch Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹4 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

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

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Experience wise Mahindra Rural Housing Finance Branch Credit Manager salaries in Mumbai

Last Updated: 18 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.6 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Chief Manager Salary
(4 salaries)
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₹20 L/yr - ₹25 L/yr

Top skills at Mahindra Rural Housing Finance for Branch Credit Manager

Housing Loan Home Loans Credit Underwriting Credit Underwriting Mortgage Loans Credit Management Home Loans Laptop personal Credit Lap Mortgage Loans housing loan Banking Credit Processing

Salary related reviews for Mahindra Rural Housing Finance

Full Time

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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

Dislikes

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

read more

Full Time

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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

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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).

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Full Time

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Other Department

1.0
  •  posted on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

Skill development

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

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Full Time

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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..

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.

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Full Time

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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

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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 Mumbai?
Branch Credit Manager salary at Mahindra Rural Housing Finance in Mumbai ranges between ₹4.0 Lakhs to ₹5.5 Lakhs for experience between 2 years to 9 years. According to our estimates it is 20% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance Mumbai.
How does the salary of a Branch Credit Manager at Mahindra Rural Housing Finance Mumbai compare with the average salary range for this job?
The average salary of a Branch Credit Manager at Mahindra Rural Housing Finance is 20% less than the average salary of a Branch Credit Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Credit Manager at Mahindra Rural Housing Finance?
Housing Loan, Home Loans, Credit Underwriting, Credit Underwriting and Mortgage Loans are some of the popular skills required to work as a Branch Credit Manager at Mahindra Rural Housing Finance Mumbai.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Branch Credit Manager in Mumbai?
  • ICICI Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
  • Aavas Financiers Branch Credit Manager Salary - ₹5.5 Lakhs to ₹6.6 Lakhs per year
  • Piramal Capital Housing Finance Branch Credit Manager Salary - ₹2.7 Lakhs to ₹8.9 Lakhs per year
  • Sammaan Capital Limited Branch Credit Manager Salary - ₹3.6 Lakhs to ₹8.0 Lakhs per year
  • HDB Financial Services Branch Credit Manager Salary - ₹3.2 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Branch Credit Manager in companies similar to Mahindra Rural Housing Finance in Mumbai?
  • Muthoot Fincorp Branch Credit Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Branch Credit Manager at Mahindra Rural Housing Finance in Mumbai?
The estimated take-home salary of a Branch Credit Manager at Mahindra Rural Housing Finance ranges between ₹35,784 per month to ₹37,012 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Branch Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Branch Credit Manager at Mahindra Rural Housing Finance in Mumbai?
According to AmbitionBox, 71% of the Mahindra Rural Housing Finance Branch Credit Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Branch Credit Manager salary in Mumbai ranges between ₹4 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.