Upload Button Icon Add office photos
filter salariesFilter salaries by

Mahindra Rural Housing Finance Credit Manager salaries in India

Annual salary range
1 - 10 years exp.
₹2 Lakhs - ₹8.6 Lakhs
Salary of majority employees
unlock blur
unlock blur

40% less than the average Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 10 years exp. (28 salaries)
unlock-blur

₹2.4 L/yr - ₹7.4 L/yr

Finance & Accounting
Credit Manager Salary
1 - 10 years exp. (27 salaries)
unlock-blur

₹2 L/yr - ₹8.8 L/yr

Sales & Business Development
Credit Manager Salary
3 - 5 years exp. (AmbitionBox Estimate)
unlock-blur

₹3 L/yr - ₹5.2 L/yr

Risk Management & Compliance
Credit Manager Salary
8 years exp. (AmbitionBox Estimate)
unlock-blur

₹4.2 L/yr - ₹7.1 L/yr

Last Updated: 29 Dec 2024

Companies similar to Mahindra Rural Housing Finance for Credit Manager

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

unlock blur

₹3.5 L/yr - ₹14 L/yr

arrow icon 83% more
3 job openings
Logo
Global Wings Abudhabi Credit Manager Salary

0 - 7 years exp. (4 salaries)

unlock blur

₹3.8 L/yr - ₹16 L/yr

arrow icon 91% more
Logo
ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.1k salaries)

unlock blur

₹4 L/yr - ₹14.5 L/yr

arrow icon 114% more
1 job opening
Logo
Axis Bank Credit Manager Salary

0 - 12 years exp. (817 salaries)

unlock blur

₹4 L/yr - ₹14.5 L/yr

arrow icon 88% more
Logo
State Bank of India Credit Manager Salary

8 - 14 years exp. (36 salaries)

unlock blur

₹10 L/yr - ₹32 L/yr

arrow icon 351% more
Logo
Bajaj Finance Credit Manager Salary

1 - 9 years exp. (193 salaries)

unlock blur

₹2.4 L/yr - ₹9 L/yr

arrow icon 28% more
Logo
HDB Financial Services Credit Manager Salary

0 - 12 years exp. (446 salaries)

unlock blur

₹1.6 L/yr - ₹8 L/yr

arrow icon 1% more
1 job opening
Logo
Tata Capital Credit Manager Salary

0 - 11 years exp. (420 salaries)

unlock blur

₹4 L/yr - ₹13 L/yr

arrow icon 70% more
10 job openings
Logo
SMFG India Credit Credit Manager Salary

0 - 11 years exp. (318 salaries)

unlock blur

₹2.1 L/yr - ₹10.9 L/yr

arrow icon 41% more
Logo
Aditya Birla Finance Credit Manager Salary

1 - 9 years exp. (306 salaries)

unlock blur

₹3 L/yr - ₹13.2 L/yr

arrow icon 59% more
unlock blur

₹3 L/yr - ₹10.3 L/yr

arrow icon 47% more
Logo
Aavas Financiers Credit Manager Salary

1 - 10 years exp. (268 salaries)

unlock blur

₹3 L/yr - ₹8.5 L/yr

arrow icon 28% more
3 job openings
Logo
IIFL Finance Credit Manager Salary

0 - 7 years exp. (165 salaries)

unlock blur

₹2.5 L/yr - ₹9.5 L/yr

arrow icon 13% more
Logo
Poonawalla Fincorp Credit Manager Salary

0 - 10 years exp. (144 salaries)

unlock blur

₹3.6 L/yr - ₹10.6 L/yr

arrow icon 43% more
1 job opening
Logo
Shriram Finance Credit Manager Salary

2 - 14 years exp. (144 salaries)

unlock blur

₹1.8 L/yr - ₹10.3 L/yr

arrow icon 28% more
4 job openings
Logo
Kotak Mahindra Prime Credit Manager Salary

0 - 7 years exp. (133 salaries)

unlock blur

₹3.9 L/yr - ₹12 L/yr

arrow icon 73% more
Logo
Mahindra Finance Credit Manager Salary

5 - 14 years exp. (85 salaries)

unlock blur

₹2.8 L/yr - ₹13 L/yr

arrow icon 60% more
Logo
L&T Finance Credit Manager Salary

1 - 9 years exp. (81 salaries)

unlock blur

₹4.5 L/yr - ₹14 L/yr

arrow icon 81% more
Logo
Sammaan Capital Limited Credit Manager Salary

1 - 8 years exp. (77 salaries)

unlock blur

₹3.3 L/yr - ₹8.4 L/yr

arrow icon 12% more
Logo
Muthoot Finance Credit Manager Salary

0 - 12 years exp. (73 salaries)

unlock blur

₹3 L/yr - ₹7.2 L/yr

arrow icon 8% more
View all
Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹2 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 82 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Manager

1w ago
avg blur mobile
5 years exp.
2w ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
8 years exp.
2mo ago
avg blur mobile
1 year exp.
2mo ago
avg blur mobile
9 years exp.
3mo ago
avg blur mobile
6 years exp.
3mo ago
avg blur mobile
4 years exp.
3mo ago
avg blur mobile
7 years exp.
4mo ago
avg blur mobile
5 years exp.
5mo ago
avg blur mobile
10 years exp.

Experience wise Mahindra Rural Housing Finance Credit Manager salaries

Last Updated: 29 Dec 2024

Experience Avg Annual Salary
1 year  (6 salaries)

unlock blur

₹2.2 L/yr - ₹5.9 L/yr
2 years  (3 salaries)

unlock blur

₹2.8 L/yr - ₹4.5 L/yr
3 years  (9 salaries)

unlock blur

₹2 L/yr - ₹5 L/yr
4 years  (13 salaries)

unlock blur

₹2.2 L/yr - ₹5.9 L/yr
5 years  (20 salaries)

unlock blur

₹2.4 L/yr - ₹7.4 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Officer Salary
(206 salaries)
unlock blur
₹1.47 L/yr - ₹4.5 L/yr
unlock blur
₹5.6 L/yr - ₹14.5 L/yr
Branch Manager Salary
(419 salaries)
unlock blur
₹1.85 L/yr - ₹8 L/yr
Deputy Manager Salary
(89 salaries)
unlock blur
₹3.2 L/yr - ₹10.21 L/yr
Chief Manager Salary
(7 salaries)
unlock blur
₹17.1 L/yr - ₹25 L/yr
Credit Analyst Salary
(5 salaries)
unlock blur
₹1.2 L/yr - ₹2.1 L/yr
unlock blur
₹40.8 L/yr - ₹52 L/yr
Sales Manager Salary
(19 salaries)
unlock blur
₹1.5 L/yr - ₹6 L/yr
unlock blur
₹2.1 L/yr - ₹7.81 L/yr
unlock blur
₹3.45 L/yr - ₹8.5 L/yr

Top skills at Mahindra Rural Housing Finance for Credit Manager

Credit Underwriting Credit Appraisal Policies Risk Analysis Credit Management Analytical skills Home Loans Credit Processing Due Diligence personal Credit NBFC Mortgage Loans Sanction Credit Assessment

Salary related reviews for Mahindra Rural Housing Finance

3.0

Rated by 32 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 01 Apr 2023

3.0
 for  Salary and Benefits

Likes

Nothing at all

Dislikes

...Credit manager is responsible if vendor doesn't submit their bills timely, 😔 Travel allowance is not paid on time, No proper hygiene branches. Overall experience is much bad and not recommended

read 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

read more

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

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

read more

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.

read more

Full Time

 · 

Other Department

5.0
  •  posted on 17 Jun 2023

3.0
 for  Salary and Benefits

Likes

Even though it is NBFC Work life balance is too good, In credit department all superiors are very supportive and will help you in difficult assignments. Overall work experience is good

read more

Dislikes

Low salary but good incentive structure and recognise your hard work In some places bad politics

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Mahindra Rural Housing Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Mahindra Rural Housing Finance?
Credit Manager salary at Mahindra Rural Housing Finance in India ranges between ₹2.0 Lakhs to ₹8.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 40% less than the average Credit Manager Salary in India. Salary estimates are based on 82 latest salaries received from various employees of Mahindra Rural Housing Finance India.
How does the salary of a Credit Manager at Mahindra Rural Housing Finance India compare with the average salary range for this job?
The average salary of a Credit Manager at Mahindra Rural Housing Finance is 40% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at Mahindra Rural Housing Finance?
Credit Underwriting, Credit Appraisal, Policies, Risk Analysis and Credit Management are some of the popular skills required to work as a Credit Manager at Mahindra Rural Housing Finance India.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Credit Manager in India?
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
  • Can Fin Homes Credit Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
  • Global Wings Abudhabi Credit Manager Salary - ₹3.8 Lakhs to ₹16.0 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
What is the salary of a Credit Manager in companies similar to Mahindra Rural Housing Finance in India?
  • HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
  • L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
  • Kotak Mahindra Prime Credit Manager Salary - ₹3.9 Lakhs to ₹12.0 Lakhs per year
  • Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
  • Mahindra Finance Credit Manager Salary - ₹2.8 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Credit Manager at Mahindra Rural Housing Finance ranges between ₹34,696 per month to ₹35,940 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Mahindra Rural Housing Finance?
According to AmbitionBox, 72% of the Mahindra Rural Housing Finance Credit Managers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 67 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Rural Housing Finance Credit Manager salary in India ranges between ₹2 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 82 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.