Mahindra & Mahindra Credit Manager Salaries by 10+ Employees (Updated 2025)

3 - 12 years exp.

₹4.8 Lakhs - ₹15.1 Lakhs

Salary of majority employees

9% more than the average Credit Manager Salary in Automobile Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 7 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹9.4 L/yr
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Finance & Accounting Credit Manager Salary 5 - 10 years exp. (4 salaries)	₹5.7 L/yr - ₹14 L/yr

Last Updated: 22 Feb 2025

Companies similar to Mahindra & Mahindra for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Escorts Kubota Limited Credit Manager Salary 2 - 11 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 24% less
Toyota Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹7.2 L/yr - ₹12.5 L/yr 11% more
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Hinduja Group Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹4 L/yr - ₹7.2 L/yr 37% less
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 17% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.1 L/yr 1% less	5 job openings

Credit Manager salary at Mahindra & Mahindra ranges between ₹4.8 Lakhs to ₹15.1 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Credit Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.7 L/yr
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹15.2 L/yr
8 years (3 salaries)	₹4.8 L/yr - ₹15 L/yr
9 years (3 salaries)	₹5.7 L/yr - ₹15.6 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹16.2 L/yr
11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹17 L/yr

View all

Similar Designation salaries in Mahindra & Mahindra

Credit Officer Salary

(3 salaries)

₹2 L/yr - ₹2.68 L/yr

Area Credit Manager Salary

(4 salaries)

₹9.5 L/yr - ₹11 L/yr

Branch Manager Salary

(34 salaries)

₹1.85 L/yr - ₹6 L/yr

Deputy Manager Salary

(2.8k salaries)

₹5.1 L/yr - ₹19 L/yr

Chief Manager Salary

(7 salaries)

₹20 L/yr - ₹26 L/yr

Credit Analyst Salary

(4 salaries)

₹4.5 L/yr - ₹9.5 L/yr

Sales Manager Salary

(178 salaries)

₹2.17 L/yr - ₹10.39 L/yr

Branch Credit Manager Salary

(4 salaries)

₹3.15 L/yr - ₹6.05 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Regional Credit Manager Salary

(3 salaries)

₹19 L/yr - ₹23.7 L/yr

Salary related reviews for Mahindra & Mahindra

4.5

Rated by 6 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.

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

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

Dislikes

Salary - Bad
Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

1w (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 Manager Salary FAQs

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

Credit Manager salary at Mahindra & Mahindra in India ranges between ₹4.8 Lakhs to ₹15.1 Lakhs for experience between 3 years to 12 years. According to our estimates it is 9% more than the average Credit Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Mahindra & Mahindra India.

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

The average salary of a Credit Manager at Mahindra & Mahindra is 9% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.5 Lakhs per year
Toyota Credit Manager Salary - ₹7.2 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Credit Manager in companies similar to Mahindra & Mahindra in India?

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year
Escorts Kubota Limited Credit Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Hinduja Group Credit Manager Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Mahindra & Mahindra ranges between ₹62,450 per month to ₹64,036 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Credit Manager salary in India which ranges between ₹4.8 Lakhs to ₹15.1 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 91% of the Mahindra & Mahindra Credit Managers reported a notice period of 3 Months, 9% reported a notice period of 2 Months.This is based on 11 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Credit Manager Salaries by Location

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Mahindra & Mahindra Credit Manager Salaries

Mahindra & Mahindra Credit Manager salary in India ranges between ₹4.8 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.