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
Toyota Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹7.2 L/yr - ₹12.5 L/yr 11% more
Hinduja Group Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹4 L/yr - ₹7.2 L/yr 37% less
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4.3 L/yr - ₹17.5 L/yr 18% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.5 L/yr At par	14 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 7% more

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

(7 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹9.5 L/yr - ₹11 L/yr

Branch Manager Salary

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₹1.85 L/yr - ₹6 L/yr

Deputy Manager Salary

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₹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

(189 salaries)

₹2.5 L/yr - ₹11.21 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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Mahindra & Mahindra in India typically ranges from ₹4.8 Lakhs to ₹15.1 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Credit Manager at Mahindra & Mahindra earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹15.6 Lakhs per year. Credit Manager Salaries at Mahindra & Mahindra 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 10+ Mahindra & Mahindra employees in India.

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 in India typically ranges from ₹62,450 to ₹64,036 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹15.1 Lakhs per year for employees with experience ranging from 3 years to 12 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 10+ salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Credit Manager in India?

ICICI Bank	₹4.3 Lakhs to ₹17.5 Lakhs per year
Toyota	₹7.2 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindra Bank	₹3.8 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹3.5 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.

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

The salary of a Credit Manager at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hinduja Group

₹4.0 Lakhs to ₹7.2 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 Manager at Mahindra & Mahindra in India?

The salary growth for a Credit Manager at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
3 years	₹7.0 Lakhs to ₹13.7 Lakhs per year
4 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
5 years	₹3.2 Lakhs to ₹14.0 Lakhs per year
6 years	₹3.3 Lakhs to ₹14.0 Lakhs per year

and so on.

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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.