Mahindra Rural Housing Finance Chennai Credit Manager Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹4 Lakhs - ₹5.1 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 8 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Credit Manager in Chennai

Mahindra Rural Housing Finance Credit Manager Salary

5 - 6 years exp. (AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (176 salaries)	₹2 L/yr - ₹12 L/yr 51% more	2 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (172 salaries)	₹3.8 L/yr - ₹15 L/yr 108% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (45 salaries)	₹4 L/yr - ₹14 L/yr 110% more
State Bank of India Credit Manager Salary 6 - 13 years exp. (8 salaries)	₹13 L/yr - ₹32 L/yr 422% more
HDB Financial Services Credit Manager Salary 0 - 11 years exp. (63 salaries)	₹2.5 L/yr - ₹9 L/yr 9% more
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (44 salaries)	₹3.8 L/yr - ₹8.7 L/yr 35% more
SMFG India Credit Credit Manager Salary 1 - 13 years exp. (17 salaries)	₹3.2 L/yr - ₹10.5 L/yr 51% more
Tata Capital Credit Manager Salary 0 - 8 years exp. (12 salaries)	₹4.1 L/yr - ₹8.6 L/yr 63% more	8 job openings
Shriram Finance Credit Manager Salary 1 - 10 years exp. (11 salaries)	₹2.2 L/yr - ₹10 L/yr 34% more	2 job openings
Kotak Mahindra Prime Credit Manager Salary 2 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹9.8 L/yr 75% more
Repco Home Finance Credit Manager Salary 5 - 15 years exp. (7 salaries)	₹6 L/yr - ₹10 L/yr 77% more
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TVS Credit Credit Manager Salary 3 - 8 years exp. (7 salaries)	₹3.9 L/yr - ₹8.5 L/yr 31% more
Piramal Capital Housing Finance Credit Manager Salary 2 - 10 years exp. (7 salaries)	₹4.8 L/yr - ₹8.5 L/yr 54% more
Muthoot Finance Credit Manager Salary 2 - 9 years exp. (6 salaries)	₹3 L/yr - ₹5.2 L/yr 1% more	3 job openings
Muthoot Fincorp Credit Manager Salary 2 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹6 L/yr 10% more	13 job openings
Mahindra Finance Credit Manager Salary 5 - 13 years exp. (4 salaries)	₹5.4 L/yr - ₹12 L/yr 96% more
Poonawalla Fincorp Credit Manager Salary 1 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6.9 L/yr 48% more
L&T Finance Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 84% more

Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Rural Housing Finance.

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary

(25 salaries)

₹2.15 L/yr - ₹6.4 L/yr

Branch Credit Manager Salary

(5 salaries)

₹3.5 L/yr - ₹6 L/yr

Sales Manager Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 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

Credit Manager in Jalandhar

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

Skill development - Bad

+5 more

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

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

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

Salary - Bad

+1 more

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.

Branch Credit Manager in Rajahmundry

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

Skill development - Excellent

+5 more

Dislikes

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Rural Housing Finance Credit Manager Salary FAQs

What is the notice period for Credit Manager at Mahindra Rural Housing Finance in Chennai?

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Credit Managers in Chennai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Credit Manager Salaries in Chennai

Mahindra Rural Housing Finance Credit Manager salary in Chennai ranges between ₹4 Lakhs to ₹5.1 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Rural Housing Finance.