Mahindra Rural Housing Finance Vijayawada Credit Officer Salaries by 5 Employees

3 - 6 years exp.

₹2 Lakhs - ₹2.9 Lakhs

Salary of majority employees

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17% less than the average Credit Officer Salary in NBFC Companies for 3 - 6 years of experience

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Last Updated: 8 Jan 2024

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

Mahindra Rural Housing Finance Credit Officer Salary

3 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Credit Officer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹3 L/yr 5% more
Sammaan Capital Limited Credit Officer Salary 2 - 7 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr 3% more
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IndusInd Bank Credit Officer Salary 2 - 5 years exp. (3 salaries)	Unlock ₹2.2 L/yr - ₹3 L/yr 1% more
HDFC Sales Credit Officer Salary 1 - 3 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.6 L/yr 30% more
Hinduja Housing Finance Credit Officer Salary 0 - 2 years exp. (3 salaries)	Unlock ₹3.6 L/yr - ₹3.8 L/yr 33% more

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Credit Officer salary at Mahindra Rural Housing Finance ranges between ₹2 Lakhs to ₹2.9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Credit Officer salaries in Vijayawada

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.2 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Area Credit Manager Salary

(4 salaries)

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₹7.86 L/yr - ₹10.77 L/yr

Credit Executive Salary

(4 salaries)

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₹1.4 L/yr - ₹2.57 L/yr

Salary related reviews for Mahindra Rural Housing Finance

3.0

Rated by 1 employees for salary & benefits

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.

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 .

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.

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

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Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Rural Housing Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Mahindra Rural Housing Finance Vijayawada?

Credit Officer salary at Mahindra Rural Housing Finance in Vijayawada ranges between ₹2.0 Lakhs to ₹2.9 Lakhs for experience between 3 years to 6 years. According to our estimates it is 17% less than the average Credit Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance Vijayawada.

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

The average salary of a Credit Officer at Mahindra Rural Housing Finance is 17% less than the average salary of a Credit Officer in Vijayawada. To know exact salary insights, login to view.

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

Hinduja Housing Finance Credit Officer Salary - ₹3.6 Lakhs to ₹3.8 Lakhs per year
HDFC Sales Credit Officer Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Muthoot Fincorp Credit Officer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
Sammaan Capital Limited Credit Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
IndusInd Bank Credit Officer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Credit Officer at Mahindra Rural Housing Finance ranges between ₹19,336 per month to ₹21,009 per month in Vijayawada. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Credit Officer salary in India which ranges between ₹2.0 Lakhs to ₹2.9 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Mahindra Rural Housing Finance in Vijayawada?

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Credit Officers in Vijayawada reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Credit Officer Salaries in Vijayawada

Mahindra Rural Housing Finance Credit Officer salary in Vijayawada ranges between ₹2 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.