Mahindra Rural Housing Finance Regional Credit Manager Salaries by 4 Employees (Updated 2024)

15 - 18 years exp.

₹16.3 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Regional Credit Manager Salary in NBFC Companies for 15 - 18 years of experience

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Last Updated: 9 Sep 2024

Companies similar to Mahindra Rural Housing Finance for Regional Credit Manager

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Aavas Financiers Regional Credit Manager Salary 5 - 8 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 47% less
REPCO HOME FINANCE Regional Credit Manager Salary 20 - 24 years exp. (4 salaries)	₹12.6 L/yr - ₹17.5 L/yr 18% less
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L&T Finance Regional Credit Manager Salary 10 - 20 years exp. (18 salaries)	₹17.8 L/yr - ₹30.2 L/yr 43% more
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Bajaj Finance Regional Credit Manager Salary 5 - 16 years exp. (26 salaries)	₹15 L/yr - ₹35.5 L/yr 29% more
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SMFG India Credit Regional Credit Manager Salary 8 - 18 years exp. (12 salaries)	₹22 L/yr - ₹40 L/yr 86% more
IIFL Finance Regional Credit Manager Salary 7 - 14 years exp. (8 salaries)	₹18 L/yr - ₹28.6 L/yr 24% more
Mahindra Finance Regional Credit Manager Salary 10 - 18 years exp. (8 salaries)	₹13 L/yr - ₹25 L/yr 21% more
Muthoot Finance Regional Credit Manager Salary 8 - 17 years exp. (7 salaries)	₹11.5 L/yr - ₹22.5 L/yr 2% more
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CreditAccess Grameen Regional Credit Manager Salary 12 - 19 years exp. (6 salaries)	₹12 L/yr - ₹18.6 L/yr 18% less
Kotak Mahindra Prime Regional Credit Manager Salary 9 - 15 years exp. (5 salaries)	₹12.4 L/yr - ₹17.3 L/yr 19% less
Muthoot Microfin Regional Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 68% less
IDFC FIRST Bharat Regional Credit Manager Salary 11 - 19 years exp. (4 salaries)	₹11.1 L/yr - ₹15.5 L/yr 27% less

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Regional Credit Manager salary at Mahindra Rural Housing Finance ranges between ₹16.3 Lakhs to ₹19 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Regional Credit Manager salaries

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹16.3 L/yr - ₹19 L/yr
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Similar Designation salaries in Mahindra Rural Housing Finance

Zonal Credit Manager Salary

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Salary related reviews for Mahindra Rural Housing Finance

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

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

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..

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

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

Dislikes

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

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

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

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Rural Housing Finance Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Mahindra Rural Housing Finance?

Regional Credit Manager salary at Mahindra Rural Housing Finance in India ranges between ₹16.3 Lakhs to ₹19.0 Lakhs for experience between 15 years to 18 years. According to our estimates it is 5% less than the average Regional Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a Regional Credit Manager at Mahindra Rural Housing Finance is 5% less than the average salary of a Regional Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra Rural Housing Finance to a Regional Credit Manager in India?

HDB Financial Services Regional Credit Manager Salary - ₹25.0 Lakhs to ₹40.3 Lakhs per year
Shriram Housing Finance Regional Credit Manager Salary - ₹26.0 Lakhs to ₹45.0 Lakhs per year
SMFG India Credit Regional Credit Manager Salary - ₹22.0 Lakhs to ₹40.0 Lakhs per year
HDFC Bank Regional Credit Manager Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
L&T Finance Regional Credit Manager Salary - ₹17.8 Lakhs to ₹30.2 Lakhs per year

What is the salary of a Regional Credit Manager in companies similar to Mahindra Rural Housing Finance in India?

Poonawalla Fincorp Regional Credit Manager Salary - ₹18.6 Lakhs to ₹32.0 Lakhs per year
Tata Capital Regional Credit Manager Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
Bajaj Finance Regional Credit Manager Salary - ₹15.0 Lakhs to ₹35.5 Lakhs per year
IIFL Finance Regional Credit Manager Salary - ₹18.0 Lakhs to ₹28.6 Lakhs per year
Mahindra Finance Regional Credit Manager Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year

What is the estimated take home salary of a Regional Credit Manager at Mahindra Rural Housing Finance in India?

The estimated take-home salary of a Regional Credit Manager at Mahindra Rural Housing Finance ranges between ₹1,20,884 per month to ₹1,24,281 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Regional Credit Manager salary in India which ranges between ₹16.3 Lakhs to ₹19.0 Lakhs per year for employees with experience between 15 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Regional Credit Manager at Mahindra Rural Housing Finance?

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

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Mahindra Rural Housing Finance Regional Credit Manager Salaries

Mahindra Rural Housing Finance Regional Credit Manager salary in India ranges between ₹16.3 Lakhs to ₹19 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.