Mahindra Rural Housing Finance Credit Associate Salaries by 80+ Employees (Updated 2024)

0 - 5 years exp.

₹1.3 Lakh - ₹2.4 Lakhs

Salary of majority employees

56% less than the average Credit Associate Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Credit Associate Salary 0 - 5 years exp. (42 salaries)	₹1.3 L/yr - ₹2.4 L/yr
BFSI, Investments & Trading Credit Associate Salary 0 - 5 years exp. (26 salaries)	₹1.4 L/yr - ₹2.4 L/yr
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Customer Success, Service & Operations Credit Associate Salary 0 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹2.4 L/yr

Last Updated: 15 Aug 2024

Companies similar to Mahindra Rural Housing Finance for Credit Associate

Company name	Avg Annual Salary	Open Jobs
Piramal Capital Housing Finance Credit Associate Salary 2 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹2.8 L/yr 37% more
HDFC Bank Credit Associate Salary 3 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 25% more
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Mahindra Finance Credit Associate Salary 0 - 3 years exp. (8 salaries)	₹1.1 L/yr - ₹3 L/yr At par
HDB Financial Services Credit Associate Salary 0 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹2.5 L/yr 11% more
IIFL Finance Credit Associate Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 34% more
Muthoot Finance Credit Associate Salary 3 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹3.1 L/yr 60% more
SMFG India Credit Credit Associate Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹4 L/yr 46% more
Kotak Mahindra Prime Credit Associate Salary 2 years exp. (4 salaries)	₹1.9 L/yr - ₹3.7 L/yr 43% more
Tata Capital Credit Associate Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 21% more
Aditya Birla Finance Credit Associate Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 78% more

Credit Associate salary at Mahindra Rural Housing Finance ranges between ₹1.3 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 87 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Associate salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹1.3 L/yr - ₹1.9 L/yr
1 year (25 salaries)	₹1.3 L/yr - ₹2.3 L/yr
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2 years (25 salaries)	₹1.4 L/yr - ₹2.4 L/yr
3 years (20 salaries)	₹1.3 L/yr - ₹2.4 L/yr
4 years (7 salaries)	₹1.8 L/yr - ₹2.4 L/yr
5 years (4 salaries)	₹1.7 L/yr - ₹3.6 L/yr

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Salary related reviews for Mahindra Rural Housing Finance

4.3

Rated by 20 employees for salary & benefits

Credit Associate in Allur

Finance & Accounting Department

5.0

• posted on 27 Mar 2021

2.0

for Salary and Benefits

Likes

Good work but office environment is bad... Teamates are supported but branch manager was not transparent

Dislikes

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

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

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

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..

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.

Customer Executive in Amravati

Full Time

Finance & Accounting Department

4.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Salary is received on time. Sudhya company paid salary while Corona was going on. The work of every department of the company is good

Dislikes

Officials abuse parents to get work. and does not support They work on holidays. They always threaten to fire me. Even after working. The language of the officers is very bad so the company is not working.

Cashier Executive in Kolhapur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 19 Sep 2023

3.0

for Salary and Benefits

Likes

If company is in boom; Management never shrink their hands in paying benifits to employees as well as to customers.

Dislikes

...s a employee in Mahindra Home Finance expecting good work life balance thats it. As well as salary package of vantage employee was poor especially down grade employee was very average.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Rural Housing Finance Credit Associate Salary FAQs

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

Credit Associate salary at Mahindra Rural Housing Finance in India ranges between ₹1.3 Lakhs to ₹2.4 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 56% less than the average Credit Associate Salary in India. Salary estimates are based on 87 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a Credit Associate at Mahindra Rural Housing Finance is 56% less than the average salary of a Credit Associate in India. To know exact salary insights, login to view.

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

Aditya Birla Finance Credit Associate Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance Credit Associate Salary - ₹2.9 Lakhs to ₹3.1 Lakhs per year
SMFG India Credit Credit Associate Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Prime Credit Associate Salary - ₹1.9 Lakhs to ₹3.7 Lakhs per year
Piramal Capital Housing Finance Credit Associate Salary - ₹2.1 Lakhs to ₹2.8 Lakhs per year

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

IIFL Finance Credit Associate Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Credit Associate Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Tata Capital Credit Associate Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
HDB Financial Services Credit Associate Salary - ₹1.9 Lakhs to ₹2.5 Lakhs per year
Mahindra Finance Credit Associate Salary - ₹1.1 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Credit Associate at Mahindra Rural Housing Finance ranges between ₹12,819 per month to ₹14,198 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Credit Associate salary in India which ranges between ₹1.3 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Mahindra Rural Housing Finance Credit Associates reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Credit Associate Salaries

Mahindra Rural Housing Finance Credit Associate salary in India ranges between ₹1.3 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 87 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Credit Associate salaries in India

Companies similar to Mahindra Rural Housing Finance for Credit Associate

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Associate

Experience wise Mahindra Rural Housing Finance Credit Associate salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Credit Associate in Allur

Area Credit Manager in Kochi

Branch Manager in Akola

Customer Executive in Amravati

Cashier Executive in Kolhapur

Mahindra Rural Housing Finance Credit Associate Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance Credit Associate Salaries by Location