Mahindra Rural Housing Finance Bhopal Credit Executive Salaries by 4 Employees

4 - 7 years exp.

₹2 Lakhs - ₹2.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Executive Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Executive Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Finance & Accounting Credit Executive Salary 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.3 L/yr

Last Updated: 20 Aug 2023

Companies similar to Mahindra Rural Housing Finance for Credit Executive in Bhopal

Mahindra Rural Housing Finance Credit Executive Salary

4 - 7 years exp. (4 salaries)

₹2 L/yr - ₹2.6 L/yr

Company name	Avg Annual Salary	Open Jobs
RBL Bank Credit Executive Salary 2 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 20% less
Fexprime Finance Credit Executive Salary 4 - 8 years exp. (3 salaries)	₹2.7 L/yr - ₹3.2 L/yr 4% more
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Chaitanya India Fin Credit Credit Executive Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2 L/yr 28% less

Credit Executive salary at Mahindra Rural Housing Finance ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with experience between 4 years to 7 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 Executive salaries in Bhopal

Last Updated: 20 Aug 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Collection Officer Salary

(5 salaries)

₹2 L/yr - ₹2.37 L/yr

Top skills at Mahindra Rural Housing Finance for Credit Executive

Disbursement Valuation

Salary related reviews for Mahindra Rural Housing Finance

Credit Executive in Shujalpur

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.

Promotions - Poor

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 Executive Salary FAQs

What is the salary of Credit Executive at Mahindra Rural Housing Finance in Bhopal?

The average salary of a Credit Executive at Mahindra Rural Housing Finance in Bhopal typically ranges from ₹2.0 Lakhs to ₹2.6 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Credit Executive in Bhopal at Mahindra Rural Housing Finance earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 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 4 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Credit Executive at Mahindra Rural Housing Finance in Bhopal typically ranges from ₹18,283 to ₹19,972 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from 4 years 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 4 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 in Bhopal?

To be a Credit Executive at Mahindra Rural Housing Finance in Bhopal, 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?

Fexprime Finance

₹2.7 Lakhs to ₹3.2 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 Bhopal?

The salary of a Credit Executive at companies similar to Mahindra Rural Housing Finance in Bhopal varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank	₹1.8 Lakhs to ₹2.2 Lakhs per year
Chaitanya India Fin Credit	₹1.8 Lakhs to ₹2.0 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 Bhopal?

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

Experience	Average Salary Range
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
5 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
6 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
7 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Credit Executive Salaries in Bhopal

Mahindra Rural Housing Finance Credit Executive salary in Bhopal ranges between ₹2 Lakhs to ₹2.6 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.