Mahindra & Mahindra Area Credit Manager Salaries by 4 Employees (Updated 2024)

5 - 16 years exp.

₹9.5 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Area Credit Manager Salary in Automobile Companies for 5 - 16 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 5 - 11 years exp. (3 salaries)	₹9.6 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 16 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 28 Nov 2024

Companies similar to Mahindra & Mahindra for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Area Credit Manager Salary 1 - 14 years exp. (338 salaries)	₹5.2 L/yr - ₹19 L/yr 25% more
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (284 salaries)	₹6.5 L/yr - ₹25 L/yr 47% more
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HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (237 salaries)	₹5.3 L/yr - ₹18 L/yr 8% more	1 job opening
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (227 salaries)	₹4.8 L/yr - ₹17.5 L/yr 14% more
HDFC Bank Area Credit Manager Salary 5 - 17 years exp. (213 salaries)	₹7.5 L/yr - ₹30 L/yr 81% more

Area Credit Manager salary at Mahindra & Mahindra ranges between ₹9.5 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Area Credit Manager salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
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7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
10 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
11 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18.1 L/yr
12 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
15+ years (AmbitionBox Estimate)	₹9.5 L/yr - ₹9.5 L/yr

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Salary related reviews for Mahindra & Mahindra

4.0

Rated by 2 employees for salary & benefits

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra & Mahindra Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Mahindra & Mahindra?

Area Credit Manager salary at Mahindra & Mahindra in India ranges between ₹9.5 Lakhs to ₹11.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 14% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Area Credit Manager at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Mahindra & Mahindra is 14% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Area Credit Manager in India?

HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹30.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹25.0 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.0 Lakhs per year
Cholamandalam Investment & Finance Area Credit Manager Salary - ₹4.8 Lakhs to ₹17.5 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Mahindra & Mahindra in India?

The estimated take-home salary of a Area Credit Manager at Mahindra & Mahindra ranges between ₹73,177 per month to ₹75,066 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Area Credit Manager salary in India which ranges between ₹9.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Mahindra & Mahindra?

According to AmbitionBox, 50% of the Mahindra & Mahindra Area Credit Managers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Area Credit Manager Salaries

Mahindra & Mahindra Area Credit Manager salary in India ranges between ₹9.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.