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Mahindra Rural Housing Finance Credit Officer salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹4 Lakhs
Salary of majority employees
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25% less than the average Credit Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Officer Salary
0 - 6 years exp. (80 salaries)
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₹1.7 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Credit Officer Salary
0 - 6 years exp. (42 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

Customer Success, Service & Operations
Credit Officer Salary
1 - 5 years exp. (13 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Risk Management & Compliance
Credit Officer Salary
0 - 6 years exp. (10 salaries)
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₹1.9 L/yr - ₹3 L/yr

Last Updated: 16 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Credit Officer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (252 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 6% less
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (118 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 7% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (175 salaries)

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₹1.2 L/yr - ₹6.8 L/yr

arrow icon 34% more
1 job opening
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State Bank of India Credit Officer Salary

2 - 8 years exp. (31 salaries)

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₹8.5 L/yr - ₹17 L/yr

arrow icon 328% more
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Shriram Finance Credit Officer Salary

0 - 9 years exp. (170 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

At par
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Muthoot Fincorp Credit Officer Salary

0 - 6 years exp. (162 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 5% more
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Sammaan Capital Limited Credit Officer Salary

0 - 6 years exp. (136 salaries)

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₹1.7 L/yr - ₹3.8 L/yr

arrow icon 6% more
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HDB Financial Services Credit Officer Salary

1 - 7 years exp. (122 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 1% more
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Can Fin Homes Credit Officer Salary

2 - 8 years exp. (94 salaries)

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₹2.2 L/yr - ₹8.5 L/yr

arrow icon 99% more
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SMFG India Credit Credit Officer Salary

0 - 7 years exp. (99 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 10% more
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Muthoot Microfin Credit Officer Salary

0 - 6 years exp. (69 salaries)

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₹1.4 L/yr - ₹2.7 L/yr

arrow icon 26% less
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Aditya Birla Finance Credit Officer Salary

0 - 7 years exp. (69 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 29% more
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IIFL Finance Credit Officer Salary

1 - 7 years exp. (56 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 6% more
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Aavas Financiers Credit Officer Salary

1 - 5 years exp. (52 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 14% more
1 job opening
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SK Finance Limited Credit Officer Salary

1 - 6 years exp. (47 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 12% more
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L&T Finance Credit Officer Salary

1 - 6 years exp. (46 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 24% more
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Bajaj Finance Credit Officer Salary

0 - 5 years exp. (38 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 30% more
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Mahindra Finance Credit Officer Salary

0 - 7 years exp. (33 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 4% less
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Shriram Housing Finance Credit Officer Salary

0 - 6 years exp. (27 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 7% more
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₹1.9 L/yr - ₹6.4 L/yr

arrow icon 31% more
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Credit Officer salary at Mahindra Rural Housing Finance ranges between ₹1.2 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 199 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Officer

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Experience wise Mahindra Rural Housing Finance Credit Officer salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹1.5 L/yr - ₹3 L/yr
1 year  (28 salaries)

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₹1.1 L/yr - ₹3.3 L/yr
2 years  (40 salaries)

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₹1.5 L/yr - ₹3.7 L/yr
3 years  (48 salaries)

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₹1.7 L/yr - ₹3.5 L/yr
4 years  (34 salaries)

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₹1.7 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Credit Manager Salary
(80 salaries)
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₹2 L/yr - ₹8.66 L/yr
Sales Officer Salary
(7 salaries)
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₹1.85 L/yr - ₹2.5 L/yr
Credit Analyst Salary
(5 salaries)
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₹1.2 L/yr - ₹2.1 L/yr
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₹2.71 L/yr - ₹3.7 L/yr
Credit Executive Salary
(142 salaries)
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₹1.4 L/yr - ₹3.5 L/yr
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₹5.6 L/yr - ₹14.3 L/yr
Branch Manager Salary
(363 salaries)
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₹1.85 L/yr - ₹8 L/yr
Deputy Manager Salary
(90 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
Chief Manager Salary
(7 salaries)
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₹17.1 L/yr - ₹25 L/yr
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₹40.8 L/yr - ₹52 L/yr
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Salary related reviews for Mahindra Rural Housing Finance

3.5

Rated by 72 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 01 Feb 2020

3.0
 for  Salary and Benefits

Likes

The company offer a pretty comfortable work environment and readily adopted the latest technology. I feel proud to be part of process centric team That ethically huge client base The boss are also very supportive.

read more
  • Job security - Good
  • +2 more

Dislikes

Compensation is decent ,but growth is slow . The work pressure is very high.i have to work 12-15 hours straight in a day as i have attend client calls .

read more

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

read more
  • 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).

read more
  • Job security - Poor

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

read more
  • Salary - Bad
  • +1 more

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.

read more

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

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

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Mahindra Rural Housing Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Mahindra Rural Housing Finance?
Credit Officer salary at Mahindra Rural Housing Finance in India ranges between ₹1.2 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 25% less than the average Credit Officer Salary in India. Salary estimates are based on 199 latest salaries received from various employees of Mahindra Rural Housing Finance India.
How does the salary of a Credit Officer at Mahindra Rural Housing Finance India compare with the average salary range for this job?
The average salary of a Credit Officer at Mahindra Rural Housing Finance is 25% less than the average salary of a Credit Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mahindra Rural Housing Finance to a Credit Officer in India?
  • State Bank of India Credit Officer Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
  • Can Fin Homes Credit Officer Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year
  • Bharat Financial Inclusion Credit Officer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
  • Repco Home Finance Credit Officer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹6.8 Lakhs per year
What is the salary of a Credit Officer in companies similar to Mahindra Rural Housing Finance in India?
  • Piramal Capital Housing Finance Credit Officer Salary - ₹1.9 Lakhs to ₹6.4 Lakhs per year
  • Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
  • Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year
  • L&T Finance Credit Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • Tata Capital Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Credit Officer at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Credit Officer at Mahindra Rural Housing Finance ranges between ₹19,244 per month to ₹20,919 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Credit Officer salary in India which ranges between ₹1.2 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Credit Officer at Mahindra Rural Housing Finance?
According to AmbitionBox, 64% of the Mahindra Rural Housing Finance Credit Officers reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 98 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Credit Officer salary in India ranges between ₹1.2 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 199 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

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