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Mahindra Rural Housing Finance Manager salaries in Mumbai

Annual salary range
5 - 13 years exp.
₹8 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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36% less than the average Manager Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

Finance & Accounting
Manager Salary
5 - 13 years exp. (10 salaries)
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₹8 L/yr - ₹22 L/yr

BFSI, Investments & Trading
Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹11.1 L/yr

Legal & Regulatory
Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹13 L/yr

Last Updated: 27 Dec 2024

Companies similar to Mahindra Rural Housing Finance for Manager in Mumbai

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Mahindra Rural Housing Finance Manager Salary

5 - 13 years exp. (15 salaries)

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₹8 L/yr - ₹16.5 L/yr

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Company name Avg Annual Salary Open Jobs
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L&T Finance Manager Salary

1 - 14 years exp. (235 salaries)

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₹5.2 L/yr - ₹16.1 L/yr

arrow icon 7% more
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Tata Capital Manager Salary

0 - 12 years exp. (179 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 11% more
8 job openings
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SMFG India Credit Manager Salary

1 - 10 years exp. (107 salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 19% more
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Piramal Capital Housing Finance Manager Salary

1 - 16 years exp. (74 salaries)

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₹6.5 L/yr - ₹27 L/yr

arrow icon 49% more
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Axis Finance Manager Salary

1 - 13 years exp. (67 salaries)

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₹6.1 L/yr - ₹19 L/yr

arrow icon 13% more
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IIFL Finance Manager Salary

3 - 14 years exp. (66 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 12% less
1 job opening
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Kotak Mahindra Prime Manager Salary

0 - 14 years exp. (59 salaries)

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₹5 L/yr - ₹12.2 L/yr

arrow icon 15% less
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Mahindra Finance Manager Salary

5 - 17 years exp. (57 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 9% more
2 job openings
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Bajaj Finance Manager Salary

1 - 10 years exp. (57 salaries)

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₹3.6 L/yr - ₹10.7 L/yr

arrow icon 38% less
122 job openings
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HDB Financial Services Manager Salary

4 - 16 years exp. (55 salaries)

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₹6 L/yr - ₹18.3 L/yr

arrow icon 3% more
1 job opening
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Tata Motors Finance Manager Salary

1 - 11 years exp. (25 salaries)

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₹7 L/yr - ₹17 L/yr

arrow icon 17% more
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Aditya Birla Finance Manager Salary

3 - 13 years exp. (22 salaries)

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₹6.3 L/yr - ₹17.1 L/yr

arrow icon 1% less
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Shriram Finance Manager Salary

6 - 17 years exp. (17 salaries)

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₹3.7 L/yr - ₹12 L/yr

arrow icon 16% less
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Poonawalla Fincorp Manager Salary

2 - 14 years exp. (14 salaries)

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₹7.3 L/yr - ₹15.8 L/yr

arrow icon 10% more
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Muthoot Fincorp Manager Salary

5 - 12 years exp. (4 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 40% less
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Home Credit Finance Manager Salary

5 - 14 years exp. (3 salaries)

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₹12 L/yr - ₹17.3 L/yr

arrow icon 54% more
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Aavas Financiers Manager Salary

3 - 5 years exp. (3 salaries)

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₹7 L/yr - ₹9.6 L/yr

arrow icon 22% less
Manager salary at Mahindra Rural Housing Finance ranges between ₹8 Lakhs to ₹16.5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 15 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance Manager in Mumbai

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Experience wise Mahindra Rural Housing Finance Manager salaries in Mumbai

Last Updated: 27 Dec 2024

Experience Avg Annual Salary
5 years  (4 salaries)

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₹10 L/yr - ₹21.2 L/yr
6 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.5 L/yr
7 years  (3 salaries)

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₹8 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.3 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Deputy Manager Salary
(43 salaries)
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₹3.6 L/yr - ₹12 L/yr

Top skills at Mahindra Rural Housing Finance for Manager

Customer Management Branch Management Collections NBFC Collection Management

Salary related reviews for Mahindra Rural Housing Finance

3.6

Rated by 3 employees for salary & benefits

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

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Jan 2025

1.0
 for  Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not agree to pay or medical emergency to left the job

read more

Dislikes

There is no job security and salary growth, no work life balance Office politics, no action on major issues from HR team

read more
  • Salary - Bad
  • +6 more

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
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Mahindra Rural Housing Finance Manager Salary FAQs

What is the salary of Manager at Mahindra Rural Housing Finance in Mumbai?
The average salary of a Manager at Mahindra Rural Housing Finance in Mumbai typically ranges from ₹8.0 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Manager in Mumbai at Mahindra Rural Housing Finance earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. 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 10+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Manager at Mahindra Rural Housing Finance in Mumbai?
The estimated take-home salary of a Manager at Mahindra Rural Housing Finance in Mumbai typically ranges from ₹75,683 to ₹77,644 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 5 years to 13 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 10+ salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Manager at Mahindra Rural Housing Finance in Mumbai?
To be a Manager at Mahindra Rural Housing Finance in Mumbai, the key skills required include:

  • - Customer Management
  • - Branch Management
  • - Collections
  • - NBFC
  • - Collection Management

These skills are highly valued at Mahindra Rural Housing Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Rural Housing Finance for Manager in India?
Home Credit Finance ₹12.0 Lakhs to ₹17.3 Lakhs per year
Piramal Capital Housing Finance ₹6.5 Lakhs to ₹27.0 Lakhs per year
SMFG India Credit ₹6.0 Lakhs to ₹22.0 Lakhs per year
Tata Motors Finance ₹7.0 Lakhs to ₹17.0 Lakhs per year
Axis Finance ₹6.1 Lakhs to ₹19.0 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 Manager in companies similar to Mahindra Rural Housing Finance in Mumbai?
The salary of a Manager at companies similar to Mahindra Rural Housing Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital ₹6.0 Lakhs to ₹19.0 Lakhs per year
Poonawalla Fincorp ₹7.3 Lakhs to ₹15.8 Lakhs per year
Mahindra Finance ₹7.0 Lakhs to ₹20.0 Lakhs per year
L&T Finance ₹5.2 Lakhs to ₹16.1 Lakhs per year
HDB Financial Services ₹6.0 Lakhs to ₹18.3 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 Manager at Mahindra Rural Housing Finance in Mumbai?
The salary growth for a Manager at Mahindra Rural Housing Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
5 years ₹10.0 Lakhs to ₹21.2 Lakhs per year
6 years ₹10.5 Lakhs to ₹13.5 Lakhs per year
7 years ₹8.0 Lakhs to ₹16.0 Lakhs per year
8 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance Manager salary in Mumbai ranges between ₹8 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.