Mahindra Rural Housing Finance State Head Credit Salaries by 10+ Employees

4 - 19 years exp.

₹10.5 Lakhs - ₹26 Lakhs

Salary of majority employees

At par with the average State Head Credit Salary in NBFC Companies for 4 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading State Head Credit Salary 4 - 12 years exp. (3 salaries)	₹10.5 L/yr - ₹17.4 L/yr
Login to view exact salary
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 10% less
IIFL Finance State Head Credit Salary 7 - 12 years exp. (4 salaries)	₹14 L/yr - ₹20.5 L/yr 7% less
Login to view exact salary
Manappuram Finance State Head Credit Salary 14 - 25 years exp. (4 salaries)	₹10.6 L/yr - ₹14.1 L/yr 34% less
John Deere Financial State Head Credit Salary 3 - 8 years exp. (4 salaries)	₹9.5 L/yr - ₹12 L/yr 42% less
SK Finance Limited State Head Credit Salary 12 - 13 years exp. (4 salaries)	₹17.3 L/yr - ₹20 L/yr 3% less
Muthoot Finance State Head Credit Salary 10 - 18 years exp. (4 salaries)	₹10 L/yr - ₹12.4 L/yr 37% less
Shriram Finance State Head Credit Salary 7 - 18 years exp. (3 salaries)	₹21 L/yr - ₹35 L/yr 45% more
Poonawalla Fincorp State Head Credit Salary 4 - 14 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 13% less

State Head Credit salary at Mahindra Rural Housing Finance ranges between ₹10.5 Lakhs to ₹26 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 11 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 - ₹33.4 L/yr
5 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
7 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr
8 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹33.6 L/yr
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹33.6 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹33.6 L/yr
13 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
14 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹20.3 L/yr
15+ years (4 salaries)	₹7.5 L/yr - ₹26 L/yr

View all

Similar Designation salaries in Mahindra Rural Housing Finance

Sales Officer Salary

(6 salaries)

₹1.85 L/yr - ₹2.5 L/yr

Branch Manager Salary

(364 salaries)

₹1.85 L/yr - ₹8 L/yr

Deputy Manager Salary

(89 salaries)

₹3.2 L/yr - ₹10.75 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

(84 salaries)

₹2 L/yr - ₹8.54 L/yr

Credit Officer Salary

(199 salaries)

₹1.15 L/yr - ₹4 L/yr

Area Credit Manager Salary

(38 salaries)

₹5.6 L/yr - ₹14.78 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.71 L/yr - ₹3.7 L/yr

Credit Executive Salary

(141 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Mahindra Rural Housing Finance?

Ask anonymously on communities.

Mahindra Rural Housing Finance State Head Credit Salary FAQs

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

The average salary of a State Head Credit at Mahindra Rural Housing Finance in India typically ranges from ₹10.5 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 4 years to 19 years).

The top 10% of State Head Credit at Mahindra Rural Housing Finance earn more than ₹22.9 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. State Head Credit 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 10+ Mahindra Rural Housing Finance employees in India.

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 in India typically ranges from ₹1,24,660 to ₹1,28,537 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 4 years to 19 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 10+ 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 Credit in India?

Shriram Finance

₹21.0 Lakhs to ₹35.0 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 Credit in companies similar to Mahindra Rural Housing Finance in India?

The salary of a State Head Credit 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:

SK Finance Limited	₹17.3 Lakhs to ₹20.0 Lakhs per year
IIFL Finance	₹14.0 Lakhs to ₹20.5 Lakhs per year
Tata Motors Finance	₹15.5 Lakhs to ₹18.0 Lakhs per year
Poonawalla Fincorp	₹12.5 Lakhs to ₹18.0 Lakhs per year
Manappuram Finance	₹10.6 Lakhs to ₹14.1 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 Credit at Mahindra Rural Housing Finance in India?

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

Experience	Average Salary Range
4 years	₹12.0 Lakhs to ₹33.4 Lakhs per year
5 years	₹16.7 Lakhs to ₹21.4 Lakhs per year
6 years	₹16.7 Lakhs to ₹21.4 Lakhs per year
7 years	₹16.8 Lakhs to ₹21.4 Lakhs per year

and so on.

Tell us how to improve this page.

Mahindra Rural Housing Finance State Head Credit Salaries by Location

Home >
Salaries >
Mahindra Rural Housing Finance Salaries >
Mahindra Rural Housing Finance State Head Credit Salaries

Mahindra Rural Housing Finance State Head Credit salary in India ranges between ₹10.5 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 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