Mahindra & Mahindra Mumbai Credit Manager Salaries by 5 Employees (Updated 2025)

5 - 9 years exp.

₹13 Lakhs - ₹15.6 Lakhs

Salary of majority employees

76% more than the average Credit Manager Salary in Automobile Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 8 - 9 years exp. (3 salaries)	₹13 L/yr - ₹15.6 L/yr
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Finance & Accounting Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹14.6 L/yr

Last Updated: 18 Jan 2025

Companies similar to Mahindra & Mahindra for Credit Manager in Mumbai

Mahindra & Mahindra Credit Manager Salary

5 - 9 years exp. (5 salaries)

₹13 L/yr - ₹15.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 11 years exp. (563 salaries)	₹4.3 L/yr - ₹15.2 L/yr 30% less
HDFC Bank Credit Manager Salary 0 - 11 years exp. (447 salaries)	₹4 L/yr - ₹14.6 L/yr 36% less	1 job opening
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Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (242 salaries)	₹3.6 L/yr - ₹14 L/yr 38% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (213 salaries)	₹3 L/yr - ₹13 L/yr 46% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (145 salaries)	₹3.9 L/yr - ₹15 L/yr 37% less

Credit Manager salary at Mahindra & Mahindra ranges between ₹13 Lakhs to ₹15.6 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Credit Manager salaries in Mumbai

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹14 L/yr - ₹25.5 L/yr
6 years (AmbitionBox Estimate)	₹14 L/yr - ₹25.7 L/yr
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7 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15.6 L/yr

Similar Designation salaries in Mahindra & Mahindra

Deputy Manager Salary

(350 salaries)

₹5.25 L/yr - ₹18.5 L/yr

Chief Manager Salary

(6 salaries)

₹20 L/yr - ₹25 L/yr

Sales Manager Salary

(3 salaries)

₹4.04 L/yr - ₹11.56 L/yr

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

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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What people are saying about Mahindra & Mahindra

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Program manager Chennai YOE 7 Started by career as project manger in OEM and continuing I feel like I need to switch to improve my skills and due to personal reasons also I feel I maintain a decent profile with relevant skills for PM(completed my PMP recenlty) yet I'm not receiving calls as expected Not sure about the reason is it the market situation or my profile. Need advice/views/links

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Mahindra & Mahindra Credit Manager Salary FAQs

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

Credit Manager salary at Mahindra & Mahindra in Mumbai ranges between ₹13.0 Lakhs to ₹15.6 Lakhs for experience between 5 years to 9 years. According to our estimates it is 76% more than the average Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra Mumbai.

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

The average salary of a Credit Manager at Mahindra & Mahindra is 76% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.2 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.6 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Mahindra & Mahindra ranges between ₹99,866 per month to ₹1,02,583 per month in Mumbai. The take-home salary calculation is based on the average Mahindra & Mahindra Credit Manager salary in India which ranges between ₹13.0 Lakhs to ₹15.6 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Mahindra & Mahindra Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra & Mahindra Credit Manager Salaries in Mumbai

Mahindra & Mahindra Credit Manager salary in Mumbai ranges between ₹13 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.