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Mahindra Rural Housing Finance

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4.0

based on 2k Reviews

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Mahindra Rural Housing Finance Branch Credit Manager salaries in Pune

Annual salary range
4 - 7 years exp.
₹4.1 Lakhs - ₹7.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% less than the average Branch Credit Manager Salary in NBFC Companies for 4 - 7 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Credit Manager Salary
4 - 7 years exp. (3 salaries)
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₹4.1 L/yr - ₹7.2 L/yr

Finance & Accounting
Branch Credit Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.9 L/yr

Risk Management & Compliance
Branch Credit Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr

Last Updated: 25 Jul 2024

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

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Mahindra Rural Housing Finance Branch Credit Manager Salary

4 - 7 years exp. (6 salaries)
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₹4.1 L/yr - ₹7.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bharat Financial Inclusion Branch Credit Manager Salary

0 - 6 years exp. (9 salaries)
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₹2.3 L/yr - ₹4 L/yr

arrow icon 46% less
 1 job opening
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Piramal Capital Housing Finance Branch Credit Manager Salary

1 - 5 years exp. (9 salaries)
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₹3 L/yr - ₹8.2 L/yr

arrow icon 23% more
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Bajaj Finance Branch Credit Manager Salary

4 - 8 years exp. (8 salaries)
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₹3.1 L/yr - ₹8.1 L/yr

arrow icon 26% more
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Aavas Financiers Branch Credit Manager Salary

2 - 11 years exp. (7 salaries)
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₹5.3 L/yr - ₹7 L/yr

arrow icon 10% more
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ICICI Bank Branch Credit Manager Salary

1 - 9 years exp. (40 salaries)
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₹4.2 L/yr - ₹12 L/yr

arrow icon 35% more
Branch Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹4.1 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 7 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 Pune

8mo ago
₹6.8 Lakhs
4 years exp.
8mo ago
₹4.1 Lakhs
5 years exp.
8mo ago
₹7.2 Lakhs
4 years exp.
1y ago
₹5.6 Lakhs
7 years exp.
1y ago
₹4.5 Lakhs
5 years exp.

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

Last Updated: 25 Jul 2024

Experience Avg Annual Salary
4 years  (3 salaries)

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₹4.5 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary
(28 salaries)
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₹3 L/yr - ₹8 L/yr
Credit Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹6 L/yr
Assistant Credit Manager Salary
(3 salaries)
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₹4 L/yr - ₹4.8 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

1.8

Rated by 2 employees for salary & benefits

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

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

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

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

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

read more
  • 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.

read more

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

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

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New offer. Confused.
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 Pune?
The average salary of a Branch Credit Manager at Mahindra Rural Housing Finance in Pune typically ranges from ₹4.1 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Branch Credit Manager in Pune at Mahindra Rural Housing Finance earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 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 6 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 Pune?
The estimated take-home salary of a Branch Credit Manager at Mahindra Rural Housing Finance in Pune typically ranges from ₹42,772 to ₹43,896 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 6 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 Pune?
To be a Branch Credit Manager at Mahindra Rural Housing Finance in Pune, 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?
ICICI Bank ₹4.2 Lakhs to ₹12.0 Lakhs per year
Bajaj Finance ₹3.1 Lakhs to ₹8.1 Lakhs per year
Piramal Capital Housing Finance ₹3.0 Lakhs to ₹8.2 Lakhs per year
Aavas Financiers ₹5.3 Lakhs to ₹7.0 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 Pune?
The salary of a Branch Credit Manager at companies similar to Mahindra Rural Housing Finance in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion ₹2.3 Lakhs to ₹4.0 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 Pune?
The salary growth for a Branch Credit Manager at Mahindra Rural Housing Finance in Pune depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager in Pune can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
4 years ₹4.5 Lakhs to ₹7.2 Lakhs per year
5 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
7 years ₹5.1 Lakhs to ₹6.6 Lakhs per year
and so on.

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Mahindra Rural Housing Finance Branch Credit Manager salary in Pune ranges between ₹4.1 Lakhs to ₹7.2 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.