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Mahindra Rural Housing Finance State Head salaries in India

Annual salary range
10 - 22 years exp.
₹11 Lakhs - ₹23 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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26% more than the average State Head Salary in NBFC Companies for 10 - 22 years of experience

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Salaries in different departments

Sales & Business Development
State Head Salary
17 years exp. (AmbitionBox Estimate)
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₹20.7 L/yr - ₹25.3 L/yr

BFSI, Investments & Trading
State Head Salary
22 years exp. (AmbitionBox Estimate)
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₹17.3 L/yr - ₹21.1 L/yr

Legal & Regulatory
State Head Salary
10 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 9 May 2024

Companies similar to Mahindra Rural Housing Finance for State Head

Company name Avg Annual Salary Open Jobs
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Aavas Financiers State Head Salary

11 - 19 years exp. (42 salaries)

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₹8.8 L/yr - ₹23.4 L/yr

arrow icon 23% less
1 job opening
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Tata Motors Finance State Head Salary

8 - 23 years exp. (28 salaries)

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₹6.7 L/yr - ₹24 L/yr

arrow icon 22% less
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SMFG India Credit State Head Salary

12 - 23 years exp. (23 salaries)

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₹11.5 L/yr - ₹28.2 L/yr

arrow icon 5% less
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Tata Capital State Head Salary

11 - 23 years exp. (19 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 12% less
1 job opening
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Poonawalla Fincorp State Head Salary

10 - 18 years exp. (15 salaries)

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₹8.1 L/yr - ₹15.2 L/yr

arrow icon 38% less
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Shriram Finance State Head Salary

11 - 27 years exp. (14 salaries)

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₹8 L/yr - ₹29 L/yr

arrow icon 3% less
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Bharat Financial Inclusion State Head Salary

5 - 18 years exp. (9 salaries)

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₹10.2 L/yr - ₹26.9 L/yr

arrow icon 8% less
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TVS Credit State Head Salary

7 - 21 years exp. (7 salaries)

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₹9 L/yr - ₹16.3 L/yr

arrow icon 45% less
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Muthoot Fincorp State Head Salary

12 - 19 years exp. (6 salaries)

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₹10.4 L/yr - ₹20.5 L/yr

arrow icon 21% less
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Muthoot Finance State Head Salary

15 - 20 years exp. (6 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 16% less
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IIFL Finance State Head Salary

7 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹13.5 L/yr

arrow icon 33% less
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Capital Trust State Head Salary

10 - 14 years exp. (5 salaries)

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₹7.5 L/yr - ₹17 L/yr

arrow icon 42% less
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Manappuram Finance State Head Salary

15 - 20 years exp. (5 salaries)

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₹13.2 L/yr - ₹15 L/yr

arrow icon 31% less
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CreditAccess Grameen State Head Salary

13 - 16 years exp. (5 salaries)

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₹19.5 L/yr - ₹31 L/yr

arrow icon 20% more
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Bajaj Finance State Head Salary

12 - 14 years exp. (5 salaries)

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₹16.6 L/yr - ₹23.5 L/yr

arrow icon 3% less
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HDB Financial Services State Head Salary

8 - 20 years exp. (5 salaries)

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₹11.7 L/yr - ₹25 L/yr

arrow icon 28% less
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Mahindra Finance State Head Salary

14 - 17 years exp. (4 salaries)

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₹13.8 L/yr - ₹15.5 L/yr

arrow icon 30% less
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Home Credit Finance State Head Salary

5 - 7 years exp. (4 salaries)

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₹8.4 L/yr - ₹13.8 L/yr

arrow icon 33% less
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L&T Finance State Head Salary

9 - 21 years exp. (4 salaries)

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₹8.5 L/yr - ₹25 L/yr

arrow icon 9% less
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Satin Creditcare Network State Head Salary

8 - 15 years exp. (3 salaries)

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₹9.5 L/yr - ₹10 L/yr

arrow icon 51% less
View all
State Head salary at Mahindra Rural Housing Finance ranges between ₹11 Lakhs to ₹23 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Rural Housing Finance.

Latest annual salaries shared by Mahindra Rural Housing Finance State Head

7mo ago
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17 years exp.
1y ago
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22 years exp.
1y ago
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17 years exp.
1y ago
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10 years exp.

Experience wise Mahindra Rural Housing Finance State Head salaries

Last Updated: 9 May 2024

Experience Avg Annual Salary
10 years  (3 salaries)

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₹11 L/yr - ₹21 L/yr
11 years (AmbitionBox Estimate)

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₹16.3 L/yr - ₹20.8 L/yr
12 years (AmbitionBox Estimate)

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₹16.6 L/yr - ₹21.3 L/yr
13 years (AmbitionBox Estimate)

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₹17 L/yr - ₹21.7 L/yr
14 years (AmbitionBox Estimate)

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₹17.3 L/yr - ₹22.1 L/yr
View all

Similar Designation salaries in Mahindra Rural Housing Finance

Team Lead Salary
(7 salaries)
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₹1.3 L/yr - ₹3.1 L/yr
Sales Manager Salary
(19 salaries)
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₹1.5 L/yr - ₹6 L/yr
Sales Officer Salary
(6 salaries)
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₹1.85 L/yr - ₹2.5 L/yr
Sales Executive Salary
(28 salaries)
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₹1.6 L/yr - ₹3.5 L/yr
Branch Manager Salary
(364 salaries)
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₹1.85 L/yr - ₹8 L/yr
Area Manager Salary
(10 salaries)
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₹9.25 L/yr - ₹14 L/yr
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₹3.35 L/yr - ₹11 L/yr
Deputy Manager Salary
(89 salaries)
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₹3.2 L/yr - ₹10.75 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹6.15 L/yr - ₹24 L/yr

Salary related reviews for Mahindra Rural Housing Finance

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Rated by 1 employees for salary & benefits

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

 · 

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

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🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

read more

Dislikes

Worst experience in this company

  • Salary - Bad
  • +6 more

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

read more
  • Skill development - Bad
  • +1 more

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

read more
  • Job security - Excellent
  • +1 more

Dislikes

Salary Hich is very bad

  • Salary - Poor
see more salary related reviews

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Mahindra Rural Housing Finance State Head Salary FAQs

What is the salary of State Head at Mahindra Rural Housing Finance ?
The average salary of a State Head at Mahindra Rural Housing Finance in India typically ranges from ₹11.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 10 years to 22 years).

The top 10% of State Head at Mahindra Rural Housing Finance earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. State Head 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 6 Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a State Head at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a State Head at Mahindra Rural Housing Finance in India typically ranges from ₹1,31,762 to ₹1,36,583 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 10 years to 22 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 6 salaries received from various employees of Mahindra Rural Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mahindra Rural Housing Finance for State Head in India?
Spandana Sphoorty Financial ₹25.0 Lakhs to ₹30.0 Lakhs per year
CreditAccess Grameen ₹19.5 Lakhs to ₹31.0 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 State Head in companies similar to Mahindra Rural Housing Finance in India?
The salary of a State Head at companies similar to Mahindra Rural Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance ₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance ₹8.0 Lakhs to ₹29.0 Lakhs per year
SMFG India Credit ₹11.5 Lakhs to ₹28.2 Lakhs per year
Bharat Financial Inclusion ₹10.2 Lakhs to ₹26.9 Lakhs per year
L&T Finance ₹8.5 Lakhs to ₹25.0 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 State Head at Mahindra Rural Housing Finance in India?
The salary growth for a State Head at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
10 years ₹11.0 Lakhs to ₹21.0 Lakhs per year
11 years ₹16.3 Lakhs to ₹20.8 Lakhs per year
12 years ₹16.6 Lakhs to ₹21.3 Lakhs per year
13 years ₹17.0 Lakhs to ₹21.7 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance State Head salary in India ranges between ₹11 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.