Mahindra & Mahindra Credit Associate Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹1.1 Lakh - ₹1.9 Lakh

Low Confidence

Salary of majority employees

68% less than the average Credit Associate Salary in Automobile Companies for 1 - 7 years of experience

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Salaries in different departments

Teaching & Training Credit Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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BFSI, Investments & Trading Credit Associate Salary 7 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr

Last Updated: 2 Mar 2025

Companies similar to Mahindra & Mahindra for Credit Associate

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Associate Salary 0 - 5 years exp. (75 salaries)	₹1.3 L/yr - ₹2.4 L/yr 25% more
Kotak Mahindra Bank Credit Associate Salary 0 - 5 years exp. (57 salaries)	₹1.8 L/yr - ₹3.5 L/yr 81% more
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Muthoot Homefin India Credit Associate Salary 0 - 4 years exp. (31 salaries)	₹1.8 L/yr - ₹3.7 L/yr 80% more
Acuity Knowledge Partners Credit Associate Salary 1 - 4 years exp. (26 salaries)	₹5 L/yr - ₹9 L/yr 337% more
JPMorgan Chase & Co. Credit Associate Salary 2 - 5 years exp. (24 salaries)	₹20 L/yr - ₹36 L/yr 1763% more

Credit Associate salary at Mahindra & Mahindra ranges between ₹1.1 Lakh to ₹1.9 Lakh per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Credit Associate salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr

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Salary related reviews for Mahindra & Mahindra

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.

Skill development - Good

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

Promotions - Poor

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.

Skill development - Good

+3 more

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

Salary - Excellent

+5 more

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.

Job security - Good

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.

Salary - Bad

+5 more

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mahindra & Mahindra Credit Associate Salary FAQs

What is the salary of Credit Associate at Mahindra & Mahindra?

Credit Associate salary at Mahindra & Mahindra in India ranges between ₹1.1 Lakhs to ₹1.9 Lakhs for experience between 1 years to 7 years. According to our estimates it is 68% less than the average Credit Associate 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 Credit Associate at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Credit Associate at Mahindra & Mahindra is 68% less than the average salary of a Credit Associate in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Credit Associate Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
Acuity Knowledge Partners Credit Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Credit Associate Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Muthoot Homefin India Credit Associate Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year
Mahindra Rural Housing Finance Credit Associate Salary - ₹1.3 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Credit Associate at Mahindra & Mahindra ranges between ₹9,810 per month to ₹10,874 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Credit Associate salary in India which ranges between ₹1.1 Lakhs to ₹1.9 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Associate at Mahindra & Mahindra?

According to AmbitionBox, 100% of the Mahindra & Mahindra Credit Associates reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Credit Associate Salaries

Mahindra & Mahindra Credit Associate salary in India ranges between ₹1.1 Lakh to ₹1.9 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.