Mahindra Rural Housing Finance Senior Credit Officer Salaries by 5 Employees

0 - 2 years exp.

₹2.7 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

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18% less than the average Senior Credit Officer Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Senior Credit Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	Unlock ₹3.3 L/yr - ₹4.1 L/yr
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Merchandising, Retail & eCommerce Senior Credit Officer Salary Fresher (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 20 Jan 2024

Companies similar to Mahindra Rural Housing Finance for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Aavas Financiers Senior Credit Officer Salary 1 - 5 years exp. (54 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 6% less
Piramal Capital Housing Finance Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹3.7 L/yr 6% less
Login to view exact salary
Truhome Finance Senior Credit Officer Salary 5 - 6 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹4 L/yr 10% more
Sammaan Capital Limited Senior Credit Officer Salary 2 - 8 years exp. (167 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr 6% more
HDFC Bank Senior Credit Officer Salary 2 - 8 years exp. (21 salaries)	Unlock ₹1.5 L/yr - ₹8.6 L/yr 39% more
SMFG India Credit Senior Credit Officer Salary 0 - 8 years exp. (11 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 32% less
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IIFL Finance Senior Credit Officer Salary 2 - 5 years exp. (7 salaries)	Unlock ₹3.2 L/yr - ₹5 L/yr 36% more
CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.9 L/yr 24% more
Muthoot Microfin Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	Unlock ₹1.9 L/yr - ₹2.8 L/yr 35% less
Tata Capital Senior Credit Officer Salary 2 - 7 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹4.5 L/yr 23% more
Login to view exact salary
Aditya Birla Finance Senior Credit Officer Salary 2 - 7 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.6 L/yr 6% less
SK Finance Limited Senior Credit Officer Salary 1 - 8 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4.3 L/yr 15% more
HDB Financial Services Senior Credit Officer Salary 4 - 5 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.3 L/yr 3% less
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Muthoot Fincorp Senior Credit Officer Salary 2 - 7 years exp. (3 salaries)	Unlock ₹2.9 L/yr - ₹3.6 L/yr 5% less
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	Unlock ₹2.3 L/yr - ₹3 L/yr 17% less
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	Unlock ₹2.8 L/yr - ₹4 L/yr 4% less
Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹12 L/yr 130% more

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Senior Credit Officer salary at Mahindra Rural Housing Finance ranges between ₹2.7 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Senior Credit Officer salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹3.7 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹3.7 L/yr

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Salary related reviews for Mahindra Rural Housing Finance

3.0

Rated by 1 employees for salary & benefits

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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Rural Housing Finance Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at Mahindra Rural Housing Finance?

Senior Credit Officer salary at Mahindra Rural Housing Finance in India ranges between ₹2.7 Lakhs to ₹3.7 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 18% less than the average Senior Credit Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a Senior Credit Officer at Mahindra Rural Housing Finance is 18% less than the average salary of a Senior Credit Officer in India. To know exact salary insights, login to view.

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

Bajaj Finance Senior Credit Officer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Senior Credit Officer Salary - ₹1.5 Lakhs to ₹8.6 Lakhs per year
IIFL Finance Senior Credit Officer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen Senior Credit Officer Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year
Tata Capital Senior Credit Officer Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year

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

SK Finance Limited Senior Credit Officer Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year
Truhome Finance Senior Credit Officer Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year
Sammaan Capital Limited Senior Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
Poonawalla Fincorp Senior Credit Officer Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
HDB Financial Services Senior Credit Officer Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Senior Credit Officer at Mahindra Rural Housing Finance ranges between ₹24,136 per month to ₹25,587 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance Senior Credit Officer salary in India which ranges between ₹2.7 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Senior Credit Officer at Mahindra Rural Housing Finance?

According to AmbitionBox, 75% of the Mahindra Rural Housing Finance Senior Credit Officers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Senior Credit Officer Salaries

Mahindra Rural Housing Finance Senior Credit Officer salary in India ranges between ₹2.7 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.