Mahindra Rural Housing Finance Branch Credit Officer Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹2.1 Lakhs - ₹3.1 Lakhs

Salary of majority employees

11% less than the average Branch Credit Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Branch Credit Officer Salary 1 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹3 L/yr
Customer Success, Service & Operations Branch Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Branch Credit Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr
Risk Management & Compliance Branch Credit Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹2.9 L/yr

Last Updated: 31 Aug 2024

Companies similar to Mahindra Rural Housing Finance for Branch Credit Officer

Company name	Avg Annual Salary	Open Jobs
L&T Finance Branch Credit Officer Salary 4 - 17 years exp. (4 salaries)	₹3.1 L/yr - ₹18.1 L/yr 184% more
HDFC Bank Branch Credit Officer Salary 2 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 24% less
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Aditya Birla Finance Branch Credit Officer Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4.1 L/yr 25% more
Manappuram Finance Branch Credit Officer Salary 2 - 6 years exp. (6 salaries)	₹2.8 L/yr - ₹3.4 L/yr 5% more
SK Finance Limited Branch Credit Officer Salary 1 - 11 years exp. (5 salaries)	₹3.6 L/yr - ₹4.1 L/yr 38% more
Muthoot Fincorp Branch Credit Officer Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 9% less
Mahindra Finance Branch Credit Officer Salary 0 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.4 L/yr 30% more
Muthoot Microfin Branch Credit Officer Salary 1 - 21 years exp. (4 salaries)	₹1.3 L/yr - ₹2.3 L/yr 36% less
SMFG India Credit Branch Credit Officer Salary 1 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹4.5 L/yr 15% less
IIFL Finance Branch Credit Officer Salary 3 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr 6% more
HDB Financial Services Branch Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹1.7 L/yr - ₹2 L/yr 35% less
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Branch Credit Officer salary at Mahindra Rural Housing Finance ranges between ₹2.1 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 22 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Branch Credit Officer salaries

Last Updated: 31 Aug 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.3 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
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3 years (4 salaries)	₹2.5 L/yr - ₹3 L/yr
4 years (6 salaries)	₹2.1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
6 years (3 salaries)	₹2.5 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Credit Manager Salary

(128 salaries)

₹2.1 L/yr - ₹7.81 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.71 L/yr - ₹3.7 L/yr

Credit Officer Salary

(199 salaries)

₹1.15 L/yr - ₹4 L/yr

Area Credit Manager Salary

(35 salaries)

₹5.6 L/yr - ₹14.3 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹40.8 L/yr - ₹52 L/yr

Sales Officer Salary

(7 salaries)

₹1.85 L/yr - ₹2.5 L/yr

Deputy Credit Manager Salary

(34 salaries)

₹3.2 L/yr - ₹8.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹16.3 L/yr - ₹19 L/yr

Branch Manager Salary

(363 salaries)

₹1.85 L/yr - ₹8 L/yr

Credit Manager Salary

(80 salaries)

₹2 L/yr - ₹8.66 L/yr

Salary related reviews for Mahindra Rural Housing Finance

3.6

Rated by 14 employees for salary & benefits

Branch Credit Officer in Patna

Full Time

Risk Management & Compliance Department

2.0

• posted on 11 Oct 2023

2.0

for Salary and Benefits

Likes

This company is for people who want to have a basic life with basic salary and no growth. You will get to go home early and enjoy your tym with family.

Work-life balance - Excellent

Dislikes

Worst work culture. Every one is out there to get you and disturb you and pull your leg.

Salary - Poor

+5 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

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Mahindra Rural Housing Finance Branch Credit Officer Salary FAQs

What is the salary of Branch Credit Officer at Mahindra Rural Housing Finance?

Branch Credit Officer salary at Mahindra Rural Housing Finance in India ranges between ₹2.1 Lakhs to ₹3.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 11% less than the average Branch Credit Officer Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Mahindra Rural Housing Finance India.

How does the salary of a Branch Credit Officer at Mahindra Rural Housing Finance India compare with the average salary range for this job?

The average salary of a Branch Credit Officer at Mahindra Rural Housing Finance is 11% less than the average salary of a Branch Credit Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Branch Credit Officer in India?

L&T Finance Branch Credit Officer Salary - ₹3.1 Lakhs to ₹18.1 Lakhs per year
SK Finance Limited Branch Credit Officer Salary - ₹3.6 Lakhs to ₹4.1 Lakhs per year
Mahindra Finance Branch Credit Officer Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
Aditya Birla Finance Branch Credit Officer Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
IIFL Finance Branch Credit Officer Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year

What is the salary of a Branch Credit Officer in companies similar to Mahindra Rural Housing Finance in India?

Manappuram Finance Branch Credit Officer Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year
Muthoot Fincorp Branch Credit Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
SMFG India Credit Branch Credit Officer Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Branch Credit Officer Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year
HDB Financial Services Branch Credit Officer Salary - ₹1.7 Lakhs to ₹2.0 Lakhs per year

What is the estimated take home salary of a Branch Credit Officer at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Branch Credit Officer at Mahindra Rural Housing Finance ranges between ₹19,766 per month to ₹21,433 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Branch Credit Officer salary in India which ranges between ₹2.1 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Officer at Mahindra Rural Housing Finance?

According to AmbitionBox, 59% of the Mahindra Rural Housing Finance Branch Credit Officers reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 46 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Branch Credit Officer Salaries by Location

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Mahindra Rural Housing Finance Branch Credit Officer Salaries

Mahindra Rural Housing Finance Branch Credit Officer salary in India ranges between ₹2.1 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Branch Credit Officer salaries in India

Companies similar to Mahindra Rural Housing Finance for Branch Credit Officer

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

Experience wise Mahindra Rural Housing Finance Branch Credit Officer salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Branch Credit Officer in Patna

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Credit Manager in Jalandhar

Mahindra Rural Housing Finance Branch Credit Officer Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance Branch Credit Officer Salaries by Location