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Mahindra Rural Housing Finance Credit Associate salaries in Vijayawada

Annual salary range
1 - 3 years exp.
₹1.4 Lakh - ₹2.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% more than the average Credit Associate Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting
Credit Associate Salary
1 - 2 years exp. (3 salaries)
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₹1.4 L/yr - ₹1.9 L/yr

BFSI, Investments & Trading
Credit Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.4 L/yr

Customer Success, Service & Operations
Credit Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.4 L/yr

Last Updated: 15 Mar 2023

Credit Associate salary at Mahindra Rural Housing Finance ranges between ₹1.4 Lakh to ₹2.4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Associate salaries in Vijayawada

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2 L/yr
2 years  (3 salaries)

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₹1.5 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Officer Salary
(5 salaries)
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₹1.95 L/yr - ₹2.72 L/yr
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₹7.86 L/yr - ₹10.77 L/yr
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₹1.4 L/yr - ₹2.57 L/yr
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₹2 L/yr - ₹2.47 L/yr
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₹3 L/yr - ₹5.82 L/yr
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₹2.5 L/yr - ₹4 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.0

Rated by 1 employees for salary & benefits

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

  • Skill development - Excellent

Dislikes

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

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Jan 2025

1.0
 for  Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

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Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

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  • Salary - Bad
  • +6 more

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

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  • 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).

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  • Job security - Poor

Full Time

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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

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  • Salary - Bad
  • +1 more

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..

  • 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.

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Mahindra Rural Housing Finance Credit Associate Salary FAQs

What is the salary of Credit Associate at Mahindra Rural Housing Finance in Vijayawada?
The average salary of a Credit Associate at Mahindra Rural Housing Finance in Vijayawada typically ranges from ₹1.4 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Credit Associate in Vijayawada at Mahindra Rural Housing Finance earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Credit Associate 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 7 Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Credit Associate at Mahindra Rural Housing Finance in Vijayawada?
The estimated take-home salary of a Credit Associate at Mahindra Rural Housing Finance in Vijayawada typically ranges from ₹12,054 to ₹13,366 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹2.4 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 7 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Credit Associate at Mahindra Rural Housing Finance in Vijayawada?
The salary growth for a Credit Associate at Mahindra Rural Housing Finance in Vijayawada depends on factors such as experience, performance, and promotions. On average, a Credit Associate in Vijayawada 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 ₹1.5 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.6 Lakhs to ₹2.1 Lakhs per year
and so on.

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Mahindra Rural Housing Finance Credit Associate salary in Vijayawada ranges between ₹1.4 Lakh to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.