Mahindra Rural Housing Finance Nanded Credit Manager Salaries by 3 Employees (Updated 2024)

2 - 8 years exp.

₹2.6 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Credit Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.6 L/yr
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Risk Management & Compliance Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.1 L/yr

Last Updated: 29 Jun 2023

Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹2.6 Lakhs to ₹7.1 Lakhs per year for employees with experience between 2 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 Nanded

Last Updated: 29 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹7.1 L/yr

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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

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

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

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..

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

Dislikes

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

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

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

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 Nanded?

According to AmbitionBox, 50% of the Mahindra Rural Housing Finance Credit Managers in Nanded reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Credit Manager Salaries in Nanded

Mahindra Rural Housing Finance Credit Manager salary in Nanded ranges between ₹2.6 Lakhs to ₹7.1 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.