Mahindra Rural Housing Finance Jaipur Credit Manager Salaries by 6 Employees

1 - 6 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Credit Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr
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Sales & Business Development Credit Manager Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 2 Jul 2024

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

Mahindra Rural Housing Finance Credit Manager Salary

1 - 6 years exp. (6 salaries)

₹2.2 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (64 salaries)	₹3 L/yr - ₹8.5 L/yr 53% more	5 job openings
SMFG India Credit Credit Manager Salary 1 - 10 years exp. (26 salaries)	₹2.9 L/yr - ₹10 L/yr 65% more
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HDB Financial Services Credit Manager Salary 0 - 12 years exp. (26 salaries)	₹2.8 L/yr - ₹7.2 L/yr 19% more	1 job opening
Tata Capital Credit Manager Salary 1 - 8 years exp. (12 salaries)	₹4.4 L/yr - ₹9.5 L/yr 93% more	7 job openings
Aditya Birla Finance Credit Manager Salary 2 - 8 years exp. (10 salaries)	₹4 L/yr - ₹9.5 L/yr 87% more
Piramal Capital Housing Finance Credit Manager Salary 4 - 7 years exp. (9 salaries)	₹6.3 L/yr - ₹7.5 L/yr 79% more
SK Finance Limited Credit Manager Salary 3 - 10 years exp. (8 salaries)	₹3 L/yr - ₹5 L/yr 12% more
IIFL Finance Credit Manager Salary 1 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹7 L/yr 56% more
Axis Finance Credit Manager Salary 8 - 9 years exp. (4 salaries)	₹6.2 L/yr - ₹11.6 L/yr 168% more
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr 97% more
Kotak Mahindra Prime Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹4.7 L/yr - ₹8.1 L/yr 107% more
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Mahindra Finance Credit Manager Salary 5 - 9 years exp. (3 salaries)	₹7.2 L/yr - ₹9 L/yr 87% more
Shriram Finance Credit Manager Salary 6 - 7 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 25% more	2 job openings

Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Manager salaries in Jaipur

Last Updated: 2 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (3 salaries)	₹3 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Officer Salary

(4 salaries)

₹2.33 L/yr - ₹3.4 L/yr

Branch Credit Manager Salary

(3 salaries)

₹4.1 L/yr - ₹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

5.0

Rated by 1 employees for salary & benefits

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

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra Rural Housing Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Mahindra Rural Housing Finance in Jaipur?

The average salary of a Credit Manager at Mahindra Rural Housing Finance in Jaipur typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Manager in Jaipur at Mahindra Rural Housing Finance earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Credit Manager 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 6 Mahindra Rural Housing Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Mahindra Rural Housing Finance in Jaipur typically ranges from ₹28,453 to ₹29,840 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 6 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 Manager at Mahindra Rural Housing Finance in Jaipur?

To be a Credit Manager at Mahindra Rural Housing Finance in Jaipur, the key skills required include:

- Credit Underwriting
- Credit Appraisal
- Policies
- Risk Analysis
- Credit Management

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 Manager in India?

Axis Finance	₹6.2 Lakhs to ₹11.6 Lakhs per year
Kotak Mahindra Prime	₹4.7 Lakhs to ₹8.1 Lakhs per year
Poonawalla Fincorp	₹6.0 Lakhs to ₹8.5 Lakhs per year
Tata Capital	₹4.4 Lakhs to ₹9.5 Lakhs per year
Mahindra Finance	₹7.2 Lakhs to ₹9.0 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 Manager in companies similar to Mahindra Rural Housing Finance in Jaipur?

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

Aditya Birla Finance	₹4.0 Lakhs to ₹9.5 Lakhs per year
Piramal Capital Housing Finance	₹6.3 Lakhs to ₹7.5 Lakhs per year
SMFG India Credit	₹2.9 Lakhs to ₹10.0 Lakhs per year
IIFL Finance	₹3.5 Lakhs to ₹7.0 Lakhs per year
Aavas Financiers	₹3.0 Lakhs to ₹8.5 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 Manager at Mahindra Rural Housing Finance in Jaipur?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹3.7 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.0 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Credit Manager Salaries in Jaipur

Mahindra Rural Housing Finance Credit Manager salary in Jaipur ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance Credit Manager salaries in Jaipur

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

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Manager in Jaipur

Experience wise Mahindra Rural Housing Finance Credit Manager salaries in Jaipur

Similar Designation salaries in Mahindra Rural Housing Finance

Top skills at Mahindra Rural Housing Finance for Credit Manager

Salary related reviews for Mahindra Rural Housing Finance

Credit Manager in Jalandhar

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Branch Credit Manager in Rajahmundry

Mahindra Rural Housing Finance Credit Manager Salary FAQs

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