Soil erosion is a serious threat to agriculture and environmental sustainability in the risk‐prone rainfed Himalayan ecosystem. Hence, runoff and soil loss mitigation ability of four maize‐based intensified systems; maize (Zea mays) + turmeric (Curcuma longa), maize + ginger (Zingiber officinale), maize + colocasia (Colocasia esculenta), and maize + sweet potato (Ipomoea batatas) were tested against the sole maize. The study recorded 41 erosive events during the 2020–2022 monsoon season. A principal component analysis (PCA) was performed to transform correlated rainfall parameters into orthogonal principal components. A two‐dimensional biplot analysis examined the relationship between PCs, rainfall events, and rainfall parameters. The rainfall events were divided into three regimes based on cluster analysis using PC. Rainfall regime 1 was characterized by low rainfall, I30, rainfall erosivity (E), and moderate rainfall duration (D), regime2 with moderate rainfall, short duration, high I30, and E, and regime3 with high D, I30, and rainfall erosivity. The soil loss of regime‐3 was 9.29 and 3.24 times higher than regime‐1 and regime‐2, respectively. Cover crops reduced runoff by 21.5%–69.3% and soil loss by 54.1%–77.0% over control. Redundancy analysis (RDA) showed that rainfall parameters (I30, I60, D, and E) had a significant direct influence across the systems, explaining 37.7%–54.9% of response variable variance, with E being the most influential (47.4%–54.9%), indicating varied impacts on runoff and soil loss. The sweet potato was best suited with maize as an intercrop to minimize soil erosion and maximize the system's profitability.