Search

Salaries

  • Reviews
  • Salaries
  • Interview Questions
  • About Company
  • Benefits
  • Jobs
  • Office Photos
  • Community
+ Contribute
notification
notification
Login
Upload Button Icon Add office photos
Employer? Claim Account for FREE

Mahindra Rural Housing Finance

Compare button icon Compare button icon Compare
4.0

based on 2k Reviews

Play video Play video Video summary
filter salariesFilter salaries by

Mahindra Rural Housing Finance Credit Officer salaries in Nagpur

Annual salary range
1 - 5 years exp.
₹1.9 Lakh - ₹3.3 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur

29% less than the average Credit Officer Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
1 - 4 years exp. (3 salaries)
unlock-blur

₹2.5 L/yr - ₹3.3 L/yr

Finance & Accounting
Credit Officer Salary
5 years exp. (AmbitionBox Estimate)
unlock-blur

₹1.9 L/yr - ₹3 L/yr

Last Updated: 7 Feb 2024

Companies similar to Mahindra Rural Housing Finance for Credit Officer in Nagpur

Logo
Mahindra Rural Housing Finance Credit Officer Salary

1 - 5 years exp. (5 salaries)
unlock blur

₹1.9 L/yr - ₹3.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Shriram Finance Credit Officer Salary

4 - 7 years exp. (6 salaries)
unlock blur

₹1.8 L/yr - ₹3.2 L/yr

At par
Logo
Muthoot Fincorp Credit Officer Salary

3 - 6 years exp. (5 salaries)
unlock blur

₹2.2 L/yr - ₹4 L/yr

arrow icon 4% more
Logo
Utkarsh Small Finance Bank Credit Officer Salary

0 - 4 years exp. (20 salaries)
unlock blur

₹1.5 L/yr - ₹3 L/yr

arrow icon 3% less
 4 job openings
Logo
Berar Finance Credit Officer Salary

0 - 7 years exp. (9 salaries)
unlock blur

₹1.5 L/yr - ₹3 L/yr

arrow icon 23% less
Logo
ESAF Small Finance Bank Credit Officer Salary

2 - 6 years exp. (6 salaries)
unlock blur

₹1.9 L/yr - ₹3.7 L/yr

arrow icon 19% more
 2 job openings
Credit Officer salary at Mahindra Rural Housing Finance ranges between ₹1.9 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Credit Officer in Nagpur

1y ago
₹3.3 Lakhs
4 years exp.
1y ago
₹3.3 Lakhs
1 year exp.
1y ago
₹2.7 Lakhs
5 years exp.

Experience wise Mahindra Rural Housing Finance Credit Officer salaries in Nagpur

Last Updated: 7 Feb 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹2.3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Manager Salary
(40 salaries)
unlock blur
₹2 L/yr - ₹7 L/yr
Credit Executive Salary
(7 salaries)
unlock blur
₹1.8 L/yr - ₹3 L/yr
Area Credit Manager Salary
(4 salaries)
unlock blur
₹7 L/yr - ₹14.5 L/yr
Deputy Manager Salary
(4 salaries)
unlock blur
₹4.55 L/yr - ₹8.4 L/yr

Salary related reviews for Mahindra Rural Housing Finance

Credit Officer

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

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

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

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

read more
  • 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.

read more

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

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All
Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
Verified Icon
·
works at
Georgia-Pacific
New offer. Confused.
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?
FeedCard Image
Got a question about Mahindra Rural Housing Finance?
Ask anonymously on communities.
More about working at Mahindra Rural Housing Finance

Mahindra Rural Housing Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Mahindra Rural Housing Finance in Nagpur?
The average salary of a Credit Officer at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹1.9 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Officer in Nagpur at Mahindra Rural Housing Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Credit Officer 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 5 Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Credit Officer at Mahindra Rural Housing Finance in Nagpur?
The estimated take-home salary of a Credit Officer at Mahindra Rural Housing Finance in Nagpur typically ranges from ₹19,154 to ₹20,830 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Rural Housing Finance for Credit Officer in India?
ESAF Small Finance Bank ₹1.9 Lakhs to ₹3.7 Lakhs per year
Muthoot Fincorp ₹2.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance ₹1.8 Lakhs to ₹3.2 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 Officer in companies similar to Mahindra Rural Housing Finance in Nagpur?
The salary of a Credit Officer at companies similar to Mahindra Rural Housing Finance in Nagpur varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹1.5 Lakhs to ₹3.0 Lakhs per year
Berar Finance ₹1.5 Lakhs to ₹3.0 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 Officer at Mahindra Rural Housing Finance in Nagpur?
The salary growth for a Credit Officer at Mahindra Rural Housing Finance in Nagpur depends on factors such as experience, performance, and promotions. On average, a Credit Officer in Nagpur can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
1 year ₹2.3 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Credit Officer salary in Nagpur ranges between ₹1.9 Lakh to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.