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Mahindra Rural Housing Finance Credit Associate salaries in India

Annual salary range
0 - 5 years exp.
₹1.3 Lakh - ₹2.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Credit Associate Salary at Mahindra Rural Housing Finance ranges between ₹1.3 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 67... Read more

61% less than the average Credit Associate Salary in NBFC Companies for 0 - 5 years of experience

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Last Updated: 25 Dec 2024

Companies similar to Mahindra Rural Housing Finance for Credit Associate

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Prime Credit Associate Salary

2 - 3 years exp. (9 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

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₹1.2 L/yr - ₹3.2 L/yr

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IIFL Finance Credit Associate Salary

1 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹4.4 L/yr

arrow icon 37% more
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Tata Capital Credit Associate Salary

2 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹2.5 L/yr

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₹1.2 L/yr - ₹4 L/yr

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Muthoot Finance Credit Associate Salary

4 - 5 years exp. (4 salaries)

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₹2.3 L/yr - ₹3.4 L/yr

arrow icon 55% more
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Aditya Birla Finance Credit Associate Salary

3 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 81% more
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SMFG India Credit Credit Associate Salary

3 - 4 years exp. (3 salaries)

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₹1.5 L/yr - ₹5.4 L/yr

arrow icon 67% more

Mahindra Rural Housing Finance Credit Associate salaries by

Years of experience Avg. annual salary
Fresher  (5 salaries)

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₹1.3 L/yr - ₹2.3 L/yr
1 year  (15 salaries)

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₹1.4 L/yr - ₹2.3 L/yr
2 years  (18 salaries)

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₹1.4 L/yr - ₹2.4 L/yr
3 years  (18 salaries)

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₹1.5 L/yr - ₹2.4 L/yr
4 years  (7 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
View all salaries by experience

Similar Designation Salaries at Mahindra Rural Housing Finance

Similar Designation Avg. annual salary
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₹1.8 L/yr - ₹2.4 L/yr

Team Lead Salary
(7 salaries)
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₹1.3 L/yr - ₹3.1 L/yr

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₹3.2 L/yr - ₹10.0 L/yr

Accountant Salary
(28 salaries)
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₹1.4 L/yr - ₹3.4 L/yr

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₹1.8 L/yr - ₹4 L/yr

Financial Analyst Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

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₹3 L/yr - ₹4 L/yr

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₹1.6 L/yr - ₹3 L/yr

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₹2.6 L/yr - ₹4 L/yr

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₹2.8 L/yr - ₹3.3 L/yr

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Top trending discussions

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a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?
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Salary related reviews for Mahindra Rural Housing Finance

3.5

Rated by 22 employees for salary & benefits

Finance & Accounting Department

5.0
  •  updated on 27 Mar 2021

2.0
 for  Salary and Benefits

Likes

Good work but office environment is bad... Teamates are supported but branch manager was not transpa...

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Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but care...

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Customer Success, Service & Operations Department

1.0
  •  updated on 17 Jan 2025

1.0
 for  Salary and Benefits

Likes

Do not join this company this is company take amount from employee where he or she resign if his not...

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Dislikes

There is no job security and salary growth, no work life balance Office politics, no action...

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Customer Success, Service & Operations Department

3.0
  •  updated on 15 Dec 2024

3.0
 for  Salary and Benefits

Likes

.... Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company<...

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Dislikes

The company to which the employee gave 8 years of his life, harassed the employee and made him resig...

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Other Department

1.0
  •  updated on 27 Sep 2024

1.0
 for  Salary and Benefits

Likes

Skill development

Dislikes

I got promoted on Feb 2024 as an area Credit Manager but there is no change in my salary pack and g...

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Sales & Business Development Department

4.0
  •  updated on 03 Oct 2024

3.0
 for  Salary and Benefits

Likes

I like company culture environment co operative senior..

Dislikes

I dislike company salary structure compare for new joining against old employee who was comp...

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Mahindra Rural Housing Finance Credit Associate Salary FAQs

What is the salary of Credit Associate at Mahindra Rural Housing Finance ?
The average salary of a Credit Associate at Mahindra Rural Housing Finance in India typically ranges from ₹1.3 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Associate at Mahindra Rural Housing Finance earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Credit Associate 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 60+ Mahindra Rural Housing Finance employees in India.
What is the estimated take home salary of a Credit Associate at Mahindra Rural Housing Finance in India?
The estimated take-home salary of a Credit Associate at Mahindra Rural Housing Finance in India typically ranges from ₹12,596 to ₹13,956 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 5 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 60+ 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 Credit Associate in India?
Aditya Birla Finance ₹3.0 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime ₹1.9 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit ₹1.5 Lakhs to ₹5.4 Lakhs per year
Muthoot Finance ₹2.3 Lakhs to ₹3.4 Lakhs per year
IIFL Finance ₹2.0 Lakhs to ₹4.4 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 Credit Associate in companies similar to Mahindra Rural Housing Finance in India?
The salary of a Credit Associate 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:

HDB Financial Services ₹1.2 Lakhs to ₹3.2 Lakhs per year
Piramal Capital Housing Finance ₹1.2 Lakhs to ₹4.0 Lakhs per year
Tata Capital ₹2.0 Lakhs to ₹2.5 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 Credit Associate at Mahindra Rural Housing Finance in India?
The salary growth for a Credit Associate at Mahindra Rural Housing Finance depends on factors such as experience, performance, and promotions. On average, a Credit Associate can expect the following growth trajectory at Mahindra Rural Housing Finance:

Experience Average Salary Range
Fresher ₹1.3 Lakhs to ₹2.3 Lakhs per year
1 year ₹1.4 Lakhs to ₹2.3 Lakhs per year
2 years ₹1.4 Lakhs to ₹2.4 Lakhs per year
3 years ₹1.5 Lakhs to ₹2.4 Lakhs per year
and so on.

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Mahindra Rural Housing Finance Credit Associate salary in India ranges between ₹1.3 Lakh to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 67 Mahindra Rural Housing Finance latest salaries received from various employees of Mahindra Rural Housing Finance.