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Mahindra Rural Housing Finance Credit Executive salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.4 Lakh - ₹3.5 Lakhs
Salary of majority employees
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At par with the average Credit Executive Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Credit Executive Salary
1 - 7 years exp. (41 salaries)
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₹1.4 L/yr - ₹3.4 L/yr

BFSI, Investments & Trading
Credit Executive Salary
0 - 7 years exp. (37 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Credit Executive Salary
0 - 6 years exp. (10 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Risk Management & Compliance
Credit Executive Salary
0 - 4 years exp. (6 salaries)
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₹2.1 L/yr - ₹3.4 L/yr

Sales & Business Development
Credit Executive Salary
2 - 4 years exp. (3 salaries)
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₹1.9 L/yr - ₹2.7 L/yr

Last Updated: 12 Jan 2025

Companies similar to Mahindra Rural Housing Finance for Credit Executive

Company name Avg Annual Salary Open Jobs
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Shriram Finance Credit Executive Salary

1 - 8 years exp. (83 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 5% less
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SMFG India Credit Credit Executive Salary

0 - 6 years exp. (53 salaries)

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₹2.1 L/yr - ₹4.5 L/yr

arrow icon 23% more
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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 12% less
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Tata Capital Credit Executive Salary

0 - 6 years exp. (44 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 13% more
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L&T Finance Credit Executive Salary

1 - 6 years exp. (27 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 18% more
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Aditya Birla Finance Credit Executive Salary

0 - 6 years exp. (25 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 2% less
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TVS Credit Credit Executive Salary

0 - 6 years exp. (23 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 30% less
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Mahindra Finance Credit Executive Salary

1 - 6 years exp. (21 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 6% less
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₹2 L/yr - ₹3.2 L/yr

arrow icon 5% more
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Bajaj Finance Credit Executive Salary

1 - 4 years exp. (18 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 10% more
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Aavas Financiers Credit Executive Salary

0 - 4 years exp. (15 salaries)

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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 7% less
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Kotak Mahindra Prime Credit Executive Salary

1 - 4 years exp. (9 salaries)

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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 19% less
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Muthoot Microfin Credit Executive Salary

0 - 2 years exp. (7 salaries)

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₹1.6 L/yr - ₹2.2 L/yr

arrow icon 32% less
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IIFL Finance Credit Executive Salary

3 - 7 years exp. (5 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 2% less
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Home Credit Finance Credit Executive Salary

2 - 7 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 2% less
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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 2% less
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Muthoot Fincorp Credit Executive Salary

0 - 3 years exp. (4 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 6% more
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Manappuram Finance Credit Executive Salary

0 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹2.5 L/yr

arrow icon 20% less
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Axis Finance Credit Executive Salary

0 - 4 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.3 L/yr

arrow icon 11% more
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SK Finance Limited Credit Executive Salary

4 - 10 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 29% less
View all
Credit Executive salary at Mahindra Rural Housing Finance ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 141 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Executive

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Experience wise Mahindra Rural Housing Finance Credit Executive salaries

Last Updated: 12 Jan 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹2 L/yr - ₹3 L/yr
1 year  (14 salaries)

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₹1.5 L/yr - ₹3 L/yr
2 years  (32 salaries)

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₹1.4 L/yr - ₹3.5 L/yr
3 years  (35 salaries)

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₹1.6 L/yr - ₹3.4 L/yr
4 years  (18 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Sales Executive Salary
(28 salaries)
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₹1.6 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹3 L/yr
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₹2.7 L/yr - ₹2.8 L/yr
Team Lead Salary
(7 salaries)
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₹1.3 L/yr - ₹3.1 L/yr
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₹2.75 L/yr - ₹3 L/yr
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₹1.85 L/yr - ₹3.1 L/yr
Branch Manager Salary
(364 salaries)
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₹1.85 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹2.4 L/yr
Sales Officer Salary
(6 salaries)
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₹1.85 L/yr - ₹2.5 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Top skills at Mahindra Rural Housing Finance for Credit Executive

Disbursement Valuation

Salary related reviews for Mahindra Rural Housing Finance

3.0

Rated by 22 employees for salary & benefits

Finance & Accounting Department

5.0
  •  posted on 31 Jan 2020

3.0
 for  Salary and Benefits

Likes

Innovation thought process, job security, work life balance.

  • Skill development - Good
  • +4 more

Dislikes

In Mahindra Group I am working Since March 2013 to till date. Work Life Balance is Very good in Mahindra Finance, but Our Employees Growth Policy is not good, Lower Salary Growth campairing to Employee Work Responsibility. HR management is not Transparent. Some times we Face Bius.

read more
  • Promotions - Poor

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

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.

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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🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

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Dislikes

Worst experience in this company

  • Salary - Bad
  • +6 more

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.

read more
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Mahindra Rural Housing Finance Credit Executive Salary FAQs

What is the salary of Credit Executive at Mahindra Rural Housing Finance ?
The average salary of a Credit Executive at Mahindra Rural Housing Finance in India typically ranges from ₹1.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Executive at Mahindra Rural Housing Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Executive 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 100+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Credit Executive at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Credit Executive at Mahindra Rural Housing Finance in India typically ranges from ₹18,902 to ₹20,582 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher 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 100+ 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 Credit Executive at Mahindra Rural Housing Finance ?
To be a Credit Executive at Mahindra Rural Housing Finance in india, the key skills required include:

  • - Disbursement
  • - Valuation

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 Credit Executive in India?
SMFG India Credit ₹2.1 Lakhs to ₹4.5 Lakhs per year
CreditAccess Grameen ₹2.7 Lakhs to ₹3.5 Lakhs per year
L&T Finance ₹2.3 Lakhs to ₹3.5 Lakhs per year
Tata Capital ₹1.8 Lakhs to ₹4.0 Lakhs per year
Axis Finance ₹2.4 Lakhs to ₹3.3 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 Credit Executive in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Credit Executive at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹2.2 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp ₹1.7 Lakhs to ₹3.5 Lakhs per year
Piramal Capital Housing Finance ₹2.0 Lakhs to ₹3.2 Lakhs per year
Home Credit Finance ₹2.5 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Finance ₹1.8 Lakhs to ₹3.5 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 Credit Executive at Mahindra Rural Housing Finance in India?
The salary growth for a Credit Executive at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Credit Executive can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹3.0 Lakhs per year
1 year ₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.4 Lakhs to ₹3.5 Lakhs per year
3 years ₹1.6 Lakhs to ₹3.4 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Credit Executive salary in India ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 141 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.