Mahindra Rural Housing Finance Deputy Vice President Salaries by 4 Employees (Updated 2025)

14 - 21 years exp.

₹27.5 Lakhs - ₹40 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Deputy Vice President Salary in NBFC Companies for 14 - 21 years of experience

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Salaries in different departments

Sales & Business Development Deputy Vice President Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹44 L/yr
Human Resources Deputy Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹26.1 L/yr - ₹31.9 L/yr
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Risk Management & Compliance Deputy Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹24.8 L/yr - ₹30.3 L/yr

Last Updated: 15 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Deputy Vice President

Company name	Avg Annual Salary	Open Jobs
Axis Finance Deputy Vice President Salary 9 - 21 years exp. (26 salaries)	₹21.5 L/yr - ₹50 L/yr 9% more
Aavas Financiers Deputy Vice President Salary 13 - 21 years exp. (17 salaries)	₹20 L/yr - ₹40 L/yr 3% less
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Tata Capital Deputy Vice President Salary 10 - 22 years exp. (16 salaries)	₹31 L/yr - ₹59.5 L/yr 17% more
Piramal Capital Housing Finance Deputy Vice President Salary 11 - 20 years exp. (15 salaries)	₹32 L/yr - ₹51.5 L/yr 35% more
Mahindra Finance Deputy Vice President Salary 8 - 17 years exp. (12 salaries)	₹27.7 L/yr - ₹48 L/yr 1% less
IIFL Finance Deputy Vice President Salary 12 - 21 years exp. (10 salaries)	₹16.8 L/yr - ₹34 L/yr 26% less
Muthoot Fincorp Deputy Vice President Salary 18 - 23 years exp. (5 salaries)	₹25 L/yr - ₹38 L/yr 11% less
Satin Creditcare Network Deputy Vice President Salary 13 - 17 years exp. (5 salaries)	₹20.5 L/yr - ₹24 L/yr 35% less
Muthoot Microfin Deputy Vice President Salary 16 - 22 years exp. (5 salaries)	₹24 L/yr - ₹40 L/yr 4% less
TVS Credit Deputy Vice President Salary 3 - 21 years exp. (5 salaries)	₹55 L/yr - ₹80 L/yr 94% more
Kotak Mahindra Prime Deputy Vice President Salary 15 - 23 years exp. (4 salaries)	₹22 L/yr - ₹25 L/yr 30% less
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Shriram Finance Deputy Vice President Salary 10 - 20 years exp. (4 salaries)	₹24 L/yr - ₹35 L/yr 19% less
Tata Motors Finance Deputy Vice President Salary 13 - 22 years exp. (4 salaries)	₹38 L/yr - ₹56 L/yr 38% more
Poonawalla Fincorp Deputy Vice President Salary 12 - 17 years exp. (4 salaries)	₹46 L/yr - ₹50 L/yr 44% more
SK Finance Limited Deputy Vice President Salary 14 - 24 years exp. (3 salaries)	₹21 L/yr - ₹34 L/yr 17% less

Deputy Vice President salary at Mahindra Rural Housing Finance ranges between ₹27.5 Lakhs to ₹40 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Deputy Vice President salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr
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15+ years (3 salaries)	₹29 L/yr - ₹40 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Assistant Vice President Salary

(4 salaries)

₹18 L/yr - ₹42 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹3.1 L/yr - ₹5.2 L/yr

Deputy Manager Salary

(89 salaries)

₹3.2 L/yr - ₹10.75 L/yr

Regional Head Salary

(AmbitionBox Estimate)

₹11.8 L/yr - ₹15.1 L/yr

Cluster Head Salary

(3 salaries)

₹9.2 L/yr - ₹14 L/yr

Branch Head Salary

(4 salaries)

₹3.05 L/yr - ₹6 L/yr

Senior Branch Manager Salary

(6 salaries)

₹4.5 L/yr - ₹5.15 L/yr

Regional Manager Salary

(4 salaries)

₹6.15 L/yr - ₹24 L/yr

Branch Manager Salary

(361 salaries)

₹1.85 L/yr - ₹8.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Salary related reviews for Mahindra Rural Housing Finance

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

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

Territory Manager in Machilipatnam

Full Time

Sales & Business Development Department

5.0

• posted on 17 Oct 2022

2.0

for Salary and Benefits

Likes

1.In this company provide loans for rural people and transforming rural areas in that reason educate to rural people 2.For giving best career to every one 3.Freshers can do and mingle with this company easily

Job security - Excellent

+1 more

Dislikes

Salary Hich is very bad

Salary - Poor

Branch Manager in Paithan

Full Time

Sales & Business Development Department

5.0

• posted on 03 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are suppotive and the management is transparent. Company polices are good

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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?

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Mahindra Rural Housing Finance Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at Mahindra Rural Housing Finance ?

The average salary of a Deputy Vice President at Mahindra Rural Housing Finance in India typically ranges from ₹27.5 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 14 years to 21 years).

The top 10% of Deputy Vice President at Mahindra Rural Housing Finance earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Deputy Vice President 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 4 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Deputy Vice President at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Deputy Vice President at Mahindra Rural Housing Finance in India typically ranges from ₹2,07,044 to ₹2,15,268 per month. This is based on the average salary range of ₹27.5 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 14 years to 21 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 4 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 Vice President in India?

TVS Credit	₹55.0 Lakhs to ₹80.0 Lakhs per year
Poonawalla Fincorp	₹46.0 Lakhs to ₹50.0 Lakhs per year
Tata Motors Finance	₹38.0 Lakhs to ₹56.0 Lakhs per year
Piramal Capital Housing Finance	₹32.0 Lakhs to ₹51.5 Lakhs per year
Tata Capital	₹31.0 Lakhs to ₹59.5 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 Vice President in companies similar to Mahindra Rural Housing Finance in India?

The salary of a Deputy Vice President 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:

Axis Finance	₹21.5 Lakhs to ₹50.0 Lakhs per year
Mahindra Finance	₹27.7 Lakhs to ₹48.0 Lakhs per year
Aavas Financiers	₹20.0 Lakhs to ₹40.0 Lakhs per year
Muthoot Microfin	₹24.0 Lakhs to ₹40.0 Lakhs per year
Muthoot Fincorp	₹25.0 Lakhs to ₹38.0 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 Deputy Vice President at Mahindra Rural Housing Finance in India?

The salary growth for a Deputy Vice President at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Vice President can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience	Average Salary Range
14 years	₹24.8 Lakhs to ₹31.6 Lakhs per year
15 years	₹29.0 Lakhs to ₹40.0 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Deputy Vice President Salaries

Mahindra Rural Housing Finance Deputy Vice President salary in India ranges between ₹27.5 Lakhs to ₹40 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.