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

Annual salary range
5 - 12 years exp.
₹3 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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5% less than the average Deputy Credit Manager Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Finance & Accounting
Deputy Credit Manager Salary
6 - 12 years exp. (14 salaries)
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₹3 L/yr - ₹7.3 L/yr

BFSI, Investments & Trading
Deputy Credit Manager Salary
5 - 12 years exp. (13 salaries)
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₹3.8 L/yr - ₹8.5 L/yr

Last Updated: 29 Mar 2025

Companies similar to Mahindra Rural Housing Finance for Deputy Credit Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Deputy Credit Manager Salary

2 - 8 years exp. (10 salaries)

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₹3.8 L/yr - ₹7 L/yr

arrow icon 18% less
5 job openings
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TVS Credit Deputy Credit Manager Salary

3 - 16 years exp. (9 salaries)

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₹4.6 L/yr - ₹5.7 L/yr

arrow icon 1% less
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Shriram Finance Deputy Credit Manager Salary

6 - 19 years exp. (7 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 3% less
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₹4.3 L/yr - ₹6.6 L/yr

arrow icon 7% less
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₹3.8 L/yr - ₹6 L/yr

arrow icon 18% less
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₹4 L/yr - ₹4.8 L/yr

arrow icon 23% less
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IIFL Finance Deputy Credit Manager Salary

0 - 5 years exp. (4 salaries)

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₹5.7 L/yr - ₹8.7 L/yr

arrow icon 12% more
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₹6 L/yr - ₹8.3 L/yr

arrow icon 41% more
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₹3.5 L/yr - ₹6.4 L/yr

arrow icon 16% less
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₹6.5 L/yr - ₹8.1 L/yr

arrow icon 30% more
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Capital Trust Deputy Credit Manager Salary

9 - 16 years exp. (3 salaries)

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₹3.1 L/yr - ₹3.4 L/yr

arrow icon 43% less
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₹3.8 L/yr - ₹6.4 L/yr

arrow icon 17% less
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Axis Finance Deputy Credit Manager Salary

3 - 15 years exp. (3 salaries)

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₹6.5 L/yr - ₹9 L/yr

arrow icon 31% more
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Muthoot Finance Deputy Credit Manager Salary

6 - 13 years exp. (3 salaries)

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₹5.1 L/yr - ₹5.6 L/yr

arrow icon 9% less
Deputy Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 34 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Deputy Credit Manager

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Experience wise Mahindra Rural Housing Finance Deputy Credit Manager salaries

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
6 years  (3 salaries)

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₹3.8 L/yr - ₹6.1 L/yr
7 years  (9 salaries)

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₹3 L/yr - ₹7.7 L/yr
8 years  (6 salaries)

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₹3.2 L/yr - ₹7.3 L/yr
9 years  (6 salaries)

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₹4.7 L/yr - ₹8.5 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

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₹5.6 L/yr - ₹14.78 L/yr
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₹2.1 L/yr - ₹7.5 L/yr
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₹40.8 L/yr - ₹52 L/yr
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₹16.3 L/yr - ₹19 L/yr
Credit Manager Salary
(84 salaries)
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₹2 L/yr - ₹8.54 L/yr
Deputy Manager Salary
(89 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
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₹2.25 L/yr - ₹6 L/yr
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₹2.71 L/yr - ₹3.7 L/yr
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₹2.6 L/yr - ₹4 L/yr
Credit Officer Salary
(199 salaries)
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₹1.15 L/yr - ₹4 L/yr

Salary related reviews for Mahindra Rural Housing Finance

4.2

Rated by 9 employees for salary & benefits

Other Department

5.0
  •  posted on 27 Jul 2019

4.0
 for  Salary and Benefits

Likes

Training will be occurred for every change in policy. Excellent Job Security, Good career growth, satisfied salary. Good work environment, fantastic innovation. But work life balance is not good

read more
  • Salary - Good
  • +5 more

Dislikes

Work life balance

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 Deputy Credit Manager Salary FAQs

What is the salary of Deputy Credit Manager at Mahindra Rural Housing Finance ?
The average salary of a Deputy Credit Manager at Mahindra Rural Housing Finance in India typically ranges from ₹3.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Deputy Credit Manager at Mahindra Rural Housing Finance earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Deputy Credit Manager 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 30+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Deputy Credit Manager at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Deputy Credit Manager at Mahindra Rural Housing Finance in India typically ranges from ₹43,793 to ₹44,902 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 12 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 30+ 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 Deputy Credit Manager in India?
Piramal Capital Housing Finance ₹6.0 Lakhs to ₹8.3 Lakhs per year
Axis Finance ₹6.5 Lakhs to ₹9.0 Lakhs per year
Poonawalla Fincorp ₹6.5 Lakhs to ₹8.1 Lakhs per year
IIFL Finance ₹5.7 Lakhs to ₹8.7 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 Deputy Credit Manager in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Deputy Credit Manager at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TVS Credit ₹4.6 Lakhs to ₹5.7 Lakhs per year
Shriram Finance ₹5.0 Lakhs to ₹7.0 Lakhs per year
Manappuram Finance ₹4.3 Lakhs to ₹6.6 Lakhs per year
Muthoot Finance ₹5.1 Lakhs to ₹5.6 Lakhs per year
HDB Financial Services ₹3.5 Lakhs to ₹6.4 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 Deputy Credit Manager at Mahindra Rural Housing Finance in India?
The salary growth for a Deputy Credit Manager at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Credit Manager can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
5 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years ₹3.8 Lakhs to ₹6.1 Lakhs per year
7 years ₹3.0 Lakhs to ₹7.7 Lakhs per year
8 years ₹3.2 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Deputy Credit Manager salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 34 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.