Mahindra Rural Housing Finance Credit Assistant Salaries by 4 Employees

1 - 3 years exp.

₹1.4 Lakh - ₹2.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% less than the average Credit Assistant Salary in NBFC Companies for 1 - 3 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Mahindra Rural Housing Finance for Credit Assistant

Company name	Avg Annual Salary	Open Jobs
Spandana Sphoorty Financial Credit Assistant Salary 0 - 4 years exp. (177 salaries)	₹1.1 L/yr - ₹4.2 L/yr 18% more
Kotak Mahindra Prime Credit Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 12% more
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SMFG India Credit Credit Assistant Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.1 L/yr 81% more
Mahindra Finance Credit Assistant Salary 2 - 10 years exp. (3 salaries)	₹2.3 L/yr - ₹5 L/yr 94% more
Cholamandalam Investment & Finance Credit Assistant Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 38% more

Credit Assistant salary at Mahindra Rural Housing Finance ranges between ₹1.4 Lakh to ₹2.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Assistant salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for Mahindra Rural Housing Finance

4.2

Rated by 2 employees for salary & benefits

Credit Assistant in Ajmer

Finance & Accounting Department

5.0

• posted on 23 Apr 2021

4.0

for Salary and Benefits

Likes

dear mahindra, my experience very good.. and work enviroment is too much..team mates and supportive ..

Salary - Good

+6 more

Dislikes

there is a lot of politics and the mamagment..and address issue salary is decent but carrer growth is very slow..

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

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.

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Branch Manager in Paithan

Full Time

Sales & Business Development Department

5.0

• posted on 03 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are suppotive and the management is transparent. Company polices are good

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

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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 Credit Assistant Salary FAQs

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

The average salary of a Credit Assistant at Mahindra Rural Housing Finance in India typically ranges from ₹1.4 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Credit Assistant at Mahindra Rural Housing Finance earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Credit Assistant 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 4 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Credit Assistant at Mahindra Rural Housing Finance in India typically ranges from ₹12,726 to ₹14,096 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Rural Housing Finance for Credit Assistant in India?

Mahindra Finance	₹2.3 Lakhs to ₹5.0 Lakhs per year
SMFG India Credit	₹2.7 Lakhs to ₹4.1 Lakhs per year
Cholamandalam Investment & Finance	₹1.5 Lakhs to ₹3.1 Lakhs per year
Spandana Sphoorty Financial	₹1.1 Lakhs to ₹4.2 Lakhs per year
Kotak Mahindra Prime	₹1.2 Lakhs to ₹2.5 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.

How the salary growth look like for a Credit Assistant at Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹2.0 Lakhs per year
2 years	₹1.7 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Credit Assistant Salaries

Mahindra Rural Housing Finance Credit Assistant salary in India ranges between ₹1.4 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.