Mahindra Rural Housing Finance Pune Credit Manager Salaries by 4 Employees (Updated 2025)

4 - 5 years exp.

₹3.5 Lakhs - ₹5 Lakhs

Salary of majority employees

42% less than the average Credit Manager Salary in NBFC Companies for 4 - 5 years of experience

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Last Updated: 8 Jan 2024

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

Mahindra Rural Housing Finance Credit Manager Salary

4 - 5 years exp. (4 salaries)

₹3.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (219 salaries)	₹3.6 L/yr - ₹14.6 L/yr 81% more	7 job openings
ICICI Bank Credit Manager Salary 0 - 12 years exp. (212 salaries)	₹4.1 L/yr - ₹17 L/yr 112% more
Login to view exact salary
Axis Bank Credit Manager Salary 0 - 12 years exp. (43 salaries)	₹4.2 L/yr - ₹15 L/yr 100% more
Bajaj Finance Credit Manager Salary 1 - 8 years exp. (68 salaries)	₹3 L/yr - ₹8.2 L/yr 30% more
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (65 salaries)	₹4.2 L/yr - ₹10 L/yr 50% more
HDB Financial Services Credit Manager Salary 0 - 10 years exp. (30 salaries)	₹2.2 L/yr - ₹7.6 L/yr 7% less
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (22 salaries)	₹3.5 L/yr - ₹7.6 L/yr 29% more	10 job openings
Tata Capital Credit Manager Salary 1 - 8 years exp. (19 salaries)	₹5.8 L/yr - ₹12 L/yr 68% more	6 job openings
Aditya Birla Finance Credit Manager Salary 1 - 7 years exp. (15 salaries)	₹5.4 L/yr - ₹9 L/yr 56% more
IIFL Finance Credit Manager Salary 0 - 7 years exp. (12 salaries)	₹3.6 L/yr - ₹10.5 L/yr 26% more
Kotak Mahindra Prime Credit Manager Salary 2 - 7 years exp. (8 salaries)	₹5.2 L/yr - ₹9 L/yr 75% more
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Muthoot Fincorp Credit Manager Salary 4 - 9 years exp. (6 salaries)	₹5 L/yr - ₹8.8 L/yr 20% more
Shriram Finance Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹7.5 L/yr 12% more	2 job openings
Muthoot Finance Credit Manager Salary 8 - 12 years exp. (4 salaries)	₹4 L/yr - ₹7.2 L/yr 1% more	4 job openings

Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Manager salaries in Pune

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary

(27 salaries)

₹3 L/yr - ₹8 L/yr

Branch Credit Manager Salary

(6 salaries)

₹4.13 L/yr - ₹7.2 L/yr

Deputy Manager Salary

(4 salaries)

₹5.62 L/yr - ₹6 L/yr

Credit Officer Salary

(3 salaries)

₹1.15 L/yr - ₹3 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

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Mahindra Rural Housing Finance Credit Manager Salary FAQs

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

Credit Manager salary at Mahindra Rural Housing Finance in Pune ranges between ₹3.5 Lakhs to ₹5.0 Lakhs for experience between 4 years to 5 years. According to our estimates it is 42% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance Pune.

How does the salary of a Credit Manager at Mahindra Rural Housing Finance Pune compare with the average salary range for this job?

The average salary of a Credit Manager at Mahindra Rural Housing Finance is 42% less than the average salary of a Credit Manager in Pune. 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 Pune.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Credit Manager in Pune?

ICICI Bank Credit Manager Salary - ₹4.1 Lakhs to ₹17.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.6 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹5.2 Lakhs to ₹9.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.8 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Mahindra Rural Housing Finance in Pune?

Aditya Birla Finance Credit Manager Salary - ₹5.4 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp Credit Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Bajaj Finance Credit Manager Salary - ₹3.0 Lakhs to ₹8.2 Lakhs per year
Aavas Financiers Credit Manager Salary - ₹3.5 Lakhs to ₹7.6 Lakhs per year
IIFL Finance Credit Manager Salary - ₹3.6 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Mahindra Rural Housing Finance ranges between ₹35,075 per month to ₹36,314 per month in Pune. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Credit Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 4 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Credit Managers in Pune 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 Pune

Mahindra Rural Housing Finance Credit Manager salary in Pune ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.