Mahindra Rural Housing Finance Senior Manager Credit Salaries by 3 Employees (Updated 2025)

5 - 14 years exp.

₹9 Lakhs - ₹27.5 Lakhs

Low Confidence

Salary of majority employees

27% more than the average Senior Manager Credit Salary in NBFC Companies for 5 - 14 years of experience

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Last Updated: 26 Sep 2024

Companies similar to Mahindra Rural Housing Finance for Senior Manager Credit

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L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 18% less
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TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 3% less
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Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 63% less
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 45% less
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IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 47% less
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 50% less
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 20% less
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 54% less
HDB Financial Services Senior Manager Credit Salary 13 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹10 L/yr 46% less
Spandana Sphoorty Financial Senior Manager Credit Salary 16 - 17 years exp. (3 salaries)	₹8.8 L/yr - ₹11.2 L/yr 43% less

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Senior Manager Credit salary at Mahindra Rural Housing Finance ranges between ₹9 Lakhs to ₹27.5 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance Senior Manager Credit salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
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14 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.6 L/yr

Similar Designation salaries in Mahindra Rural Housing Finance

Credit Manager Salary

(82 salaries)

₹2 L/yr - ₹8.6 L/yr

Deputy Manager Salary

(93 salaries)

₹3.2 L/yr - ₹10.71 L/yr

Chief Manager Salary

(7 salaries)

₹17.1 L/yr - ₹25 L/yr

Branch Manager Salary

(398 salaries)

₹1.85 L/yr - ₹8 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.71 L/yr - ₹3.7 L/yr

Credit Analyst Salary

(5 salaries)

₹1.2 L/yr - ₹2.1 L/yr

Area Credit Manager Salary

(34 salaries)

₹5.6 L/yr - ₹14.5 L/yr

Relationship Manager Salary

(39 salaries)

₹2.5 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(4 salaries)

₹16.3 L/yr - ₹19 L/yr

Credit Officer Salary

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₹1.15 L/yr - ₹4 L/yr

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

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Mahindra Rural Housing Finance Senior Manager Credit Salary FAQs

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

According to AmbitionBox, 100% of the Mahindra Rural Housing Finance Senior Manager Credits reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance Senior Manager Credit Salaries

Mahindra Rural Housing Finance Senior Manager Credit salary in India ranges between ₹9 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.