Mahindra Rural Housing Finance Ahmedabad Relationship Manager Salaries by 8 Employees

1 - 5 years exp.

₹2.8 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Relationship Manager Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 3 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.5 L/yr
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Finance & Accounting Relationship Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr

Last Updated: 6 Nov 2024

Companies similar to Mahindra Rural Housing Finance for Relationship Manager in Ahmedabad

Mahindra Rural Housing Finance Relationship Manager Salary

1 - 5 years exp. (8 salaries)

₹2.8 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Relationship Manager Salary 0 - 8 years exp. (76 salaries)	₹2 L/yr - ₹4.5 L/yr 10% less
IIFL Finance Relationship Manager Salary 1 - 9 years exp. (20 salaries)	₹1.5 L/yr - ₹5.5 L/yr 3% less	3 job openings
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Kotak Mahindra Prime Relationship Manager Salary 1 - 8 years exp. (15 salaries)	₹2.2 L/yr - ₹7.3 L/yr 39% more
Tata Capital Relationship Manager Salary 1 - 7 years exp. (8 salaries)	₹6.3 L/yr - ₹15 L/yr 218% more	81 job openings
Aavas Financiers Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹4.2 L/yr 4% more
L&T Finance Relationship Manager Salary 1 - 7 years exp. (4 salaries)	₹5 L/yr - ₹10 L/yr 121% more

Relationship Manager salary at Mahindra Rural Housing Finance ranges between ₹2.8 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Relationship Manager salaries in Ahmedabad

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (3 salaries)	₹2.8 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Branch Credit Manager Salary

(6 salaries)

₹4.51 L/yr - ₹7 L/yr

Credit Executive Salary

(5 salaries)

₹2.1 L/yr - ₹3.3 L/yr

Credit Manager Salary

(4 salaries)

₹3 L/yr - ₹5 L/yr

Credit Associate Salary

(3 salaries)

₹1.55 L/yr - ₹1.8 L/yr

Top skills at Mahindra Rural Housing Finance for Relationship Manager

Home Loans Mortgage Loans Sales Home Loans DSA Housing housing loan housing finance Loan against Property CRM Phlebotomy HLOOKUP DSA Laptop Sales

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.

Sales Executive in Vellore

Full Time

Marketing & Communication Department

1.0

• posted on 21 Jan 2024

1.0

for Salary and Benefits

Likes

I don't like the Mahindra Rural Housing Finance (MRHFL) Reason: I started January 8 this month's salary not credit in my account and February month salary just 6500 rupees worst behaviour HR department. I not relieved the company but company abscond my name, I facing big problem in my life intercaste marriage this the reason abscond my name, I called to HR department in my relieving letter HR is not giving my relieving letter, so many problems in this company🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dislikes

Worst experience in this company

Salary - Bad

+6 more

Territory Sales Manager in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Apr 2023

4.0

for Salary and Benefits

Likes

Salary on time

Salary - Good

+2 more

Dislikes

No salary growth after internal promotion. Working on Sunday Late night Working Very poor incentive policy All work manually Poor infrastructure Lazy HR Casual approach company Risk on field to executive on collection time Poor legal

Skill development - Bad

+1 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

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mahindra Rural Housing Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad?

The average salary of a Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad typically ranges from ₹2.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Relationship Manager in Ahmedabad at Mahindra Rural Housing Finance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Relationship 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 8 Mahindra Rural Housing Finance employees in India.

What is the estimated take home salary of a Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad?

The estimated take-home salary of a Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad typically ranges from ₹24,418 to ₹25,866 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 8 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 Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad?

To be a Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad, the key skills required include:

- Home Loans
- Mortgage Loans
- Sales
- Home Loans
- DSA

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 Relationship Manager in India?

Tata Capital	₹6.3 Lakhs to ₹15.0 Lakhs per year
L&T Finance	₹5.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Prime	₹2.2 Lakhs to ₹7.3 Lakhs per year
Aavas Financiers	₹3.4 Lakhs to ₹4.2 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 Relationship Manager in companies similar to Mahindra Rural Housing Finance in Ahmedabad?

The salary of a Relationship Manager at companies similar to Mahindra Rural Housing Finance in Ahmedabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹1.5 Lakhs to ₹5.5 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹4.5 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 Relationship Manager at Mahindra Rural Housing Finance in Ahmedabad?

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

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Mahindra Rural Housing Finance Relationship Manager Salaries in Ahmedabad

Mahindra Rural Housing Finance Relationship Manager salary in Ahmedabad ranges between ₹2.8 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.