Mahindra Rural Housing Finance State Head Credit Salaries by 10+ Employees (Updated 2025)

4 - 19 years exp.

₹10.5 Lakhs - ₹28.5 Lakhs

Salary of majority employees

7% more than the average State Head Credit Salary in NBFC Companies for 4 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Credit Salary 4 - 18 years exp. (4 salaries)	₹10.5 L/yr - ₹28.5 L/yr
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Risk Management & Compliance State Head Credit Salary 9 - 11 years exp. (3 salaries)	₹18 L/yr - ₹20 L/yr

Last Updated: 21 Sep 2024

Companies similar to Mahindra Rural Housing Finance for State Head Credit

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance State Head Credit Salary 17 - 20 years exp. (5 salaries)	₹15.5 L/yr - ₹18 L/yr 13% less
IIFL Finance State Head Credit Salary 7 - 12 years exp. (4 salaries)	₹14 L/yr - ₹20.5 L/yr 10% less
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Manappuram Finance State Head Credit Salary 14 - 25 years exp. (4 salaries)	₹10.6 L/yr - ₹14.1 L/yr 36% less
Muthoot Finance State Head Credit Salary 10 - 18 years exp. (4 salaries)	₹10 L/yr - ₹12.4 L/yr 39% less
SK Finance Limited State Head Credit Salary 12 - 13 years exp. (3 salaries)	₹17.3 L/yr - ₹20 L/yr 5% less
Shriram Finance State Head Credit Salary 7 - 18 years exp. (3 salaries)	₹21 L/yr - ₹35 L/yr 40% more
Tata Capital State Head Credit Salary 14 - 17 years exp. (3 salaries)	₹19.2 L/yr - ₹23 L/yr 7% more
Poonawalla Fincorp State Head Credit Salary 4 - 14 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 16% less

State Head Credit salary at Mahindra Rural Housing Finance ranges between ₹10.5 Lakhs to ₹28.5 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 12 latest salaries received from various employees of Mahindra Rural Housing Finance.

Experience wise Mahindra Rural Housing Finance State Head Credit salaries

Last Updated: 21 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹12 L/yr - ₹33.8 L/yr
5 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
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6 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.8 L/yr
7 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
8 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹21.9 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹34.6 L/yr
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹34.7 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹34.9 L/yr
13 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.3 L/yr
15+ years (5 salaries)	₹7.9 L/yr - ₹28.5 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Sales Officer Salary

(7 salaries)

₹1.85 L/yr - ₹2.5 L/yr

Branch Manager Salary

(393 salaries)

₹1.85 L/yr - ₹8 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

Credit Analyst Salary

(5 salaries)

₹1.2 L/yr - ₹2.1 L/yr

Credit Manager Salary

(82 salaries)

₹2 L/yr - ₹8.6 L/yr

Credit Officer Salary

(199 salaries)

₹1.15 L/yr - ₹4 L/yr

Area Credit Manager Salary

(35 salaries)

₹5.6 L/yr - ₹14.3 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.71 L/yr - ₹3.7 L/yr

Credit Executive Salary

(142 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Salary related reviews for Mahindra Rural Housing Finance

5.0

Rated by 2 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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Mahindra Rural Housing Finance State Head Credit Salary FAQs

What is the salary of State Head Credit at Mahindra Rural Housing Finance?

State Head Credit salary at Mahindra Rural Housing Finance in India ranges between ₹10.5 Lakhs to ₹28.5 Lakhs for experience between 4 years to 19 years. According to our estimates it is 7% more than the average State Head Credit Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Mahindra Rural Housing Finance India.

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

The average salary of a State Head Credit at Mahindra Rural Housing Finance is 7% more than the average salary of a State Head Credit in India. To know exact salary insights, login to view.

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

Shriram Finance State Head Credit Salary - ₹21.0 Lakhs to ₹35.0 Lakhs per year
Tata Capital State Head Credit Salary - ₹19.2 Lakhs to ₹23.0 Lakhs per year

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

SK Finance Limited State Head Credit Salary - ₹17.3 Lakhs to ₹20.0 Lakhs per year
IIFL Finance State Head Credit Salary - ₹14.0 Lakhs to ₹20.5 Lakhs per year
Tata Motors Finance State Head Credit Salary - ₹15.5 Lakhs to ₹18.0 Lakhs per year
Poonawalla Fincorp State Head Credit Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
Manappuram Finance State Head Credit Salary - ₹10.6 Lakhs to ₹14.1 Lakhs per year

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

The estimated take-home salary of a State Head Credit at Mahindra Rural Housing Finance ranges between ₹1,28,167 per month to ₹1,32,511 per month in India. The take-home salary calculation is based on the average Mahindra Rural Housing Finance State Head Credit salary in India which ranges between ₹10.5 Lakhs to ₹28.5 Lakhs per year for employees with experience between 4 years to 19 years. Check how did we calculate take home salary?

What is the notice period for State Head Credit at Mahindra Rural Housing Finance?

According to AmbitionBox, 85% of the Mahindra Rural Housing Finance State Head Credits reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Mahindra Rural Housing Finance State Head Credit Salaries by Location

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Mahindra Rural Housing Finance State Head Credit Salaries

Mahindra Rural Housing Finance State Head Credit salary in India ranges between ₹10.5 Lakhs to ₹28.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.

Mahindra Rural Housing Finance State Head Credit salaries in India

Companies similar to Mahindra Rural Housing Finance for State Head Credit

Latest annual salaries shared by Mahindra Rural Housing Finance State Head Credit

Experience wise Mahindra Rural Housing Finance State Head Credit salaries

Similar Designation salaries in Mahindra Rural Housing Finance

Salary related reviews for Mahindra Rural Housing Finance

Branch Manager in Shujalpur

Area Credit Manager in Kochi

Branch Manager in Akola

Credit Manager in Jalandhar

Branch Credit Manager in Rajahmundry

Mahindra Rural Housing Finance State Head Credit Salary FAQs

Tell us how to improve this page.

Mahindra Rural Housing Finance State Head Credit Salaries by Location