Mahindra Rural Housing Finance Coimbatore Credit Manager Salaries by 3 Employees

5 - 8 years exp.

₹3.6 Lakhs - ₹5.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

39% less than the average Credit Manager Salary in NBFC Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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Finance & Accounting Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.9 L/yr

Last Updated: 16 Mar 2023

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

Mahindra Rural Housing Finance Credit Manager Salary

5 - 8 years exp. (3 salaries)

₹3.6 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance Credit Manager Salary 2 - 7 years exp. (6 salaries)	₹5.8 L/yr - ₹9 L/yr 63% more
IIFL Finance Credit Manager Salary 0 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹6.1 L/yr 35% more
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Mahindra Finance Credit Manager Salary 4 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹13 L/yr 86% more
Tata Capital Credit Manager Salary 0 - 9 years exp. (5 salaries)	₹6.5 L/yr - ₹9.5 L/yr 80% more	6 job openings
IIFL SAMASTA Credit Manager Salary 1 - 7 years exp. (8 salaries)	₹1.6 L/yr - ₹5 L/yr 5% less

Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹3.6 Lakhs to ₹5.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Manager salaries in Coimbatore

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Officer Salary

(7 salaries)

₹1.75 L/yr - ₹2.9 L/yr

Branch Credit Manager Salary

(5 salaries)

₹4.3 L/yr - ₹7.81 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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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 Manager Salary FAQs

How the salary growth look like for a Credit Manager at Mahindra Rural Housing Finance in Coimbatore?

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

Experience	Average Salary Range
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
8 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Credit Manager Salaries in Coimbatore

Mahindra Rural Housing Finance Credit Manager salary in Coimbatore ranges between ₹3.6 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.