Mahindra Rural Housing Finance Head Credit Salaries by 2 Employees (Updated 2025)

21 - 23 years exp.

₹75.1 Lakhs - ₹83 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

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Salaries in different departments

Risk Management & Compliance Head Credit Salary 21 years exp. (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
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Strategic & Top Management Head Credit Salary 23 years exp. (AmbitionBox Estimate)	₹93.1 L/yr - ₹1 Cr/yr

Last Updated: 26 Feb 2025

Companies similar to Mahindra Rural Housing Finance for Head Credit

Company name	Avg Annual Salary	Open Jobs
L&T Finance Head Credit Salary 14 - 27 years exp. (4 salaries)	₹56.2 L/yr - ₹70 L/yr 21% less
John Deere Financial Head Credit Salary 18 - 21 years exp. (3 salaries)	₹42 L/yr - ₹45 L/yr 47% less
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Muthoot Money Head Credit Salary 16 - 19 years exp. (4 salaries)	₹25.1 L/yr - ₹32.3 L/yr 65% less
Ugro Capital Head Credit Salary 14 - 17 years exp. (4 salaries)	₹40 L/yr - ₹66.5 L/yr 34% less
Sundaram Home Finance Head Credit Salary 21 - 23 years exp. (4 salaries)	₹43 L/yr - ₹65 L/yr 40% less

Head Credit salary at Mahindra Rural Housing Finance ranges between ₹75.1 Lakhs to ₹83 Lakhs per year for employees with experience between 21 years to 23 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Rural Housing Finance.

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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

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

Branch Credit Manager in Rajahmundry

Full Time

Other Department

5.0

• posted on 17 Jun 2023

3.0

for Salary and Benefits

Likes

Even though it is NBFC Work life balance is too good, In credit department all superiors are very supportive and will help you in difficult assignments. Overall work experience is good

Skill development - Excellent

+5 more

Dislikes

Low salary but good incentive structure and recognise your hard work In some places bad politics

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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 Head Credit Salary FAQs

How the salary growth look like for a Head Credit at Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
15 years	₹75.1 Lakhs to ₹83.0 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Head Credit Salaries

Mahindra Rural Housing Finance Head Credit salary in India ranges between ₹75.1 Lakhs to ₹83 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Rural Housing Finance.