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Mahindra Finance Assistant Credit Manager salaries in India

Annual salary range
3 - 9 years exp.
₹3 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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6% more than the average Assistant Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Credit Manager Salary
3 - 9 years exp. (7 salaries)
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₹3 L/yr - ₹5.2 L/yr

Finance & Accounting
Assistant Credit Manager Salary
5 - 8 years exp. (4 salaries)
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₹4.2 L/yr - ₹6.3 L/yr

Last Updated: 30 Mar 2023

Companies similar to Mahindra Finance for Assistant Credit Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Assistant Credit Manager Salary

0 - 6 years exp. (136 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 20% less
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HDFC Bank Assistant Credit Manager Salary

1 - 5 years exp. (65 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 2% more
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Shriram Finance Assistant Credit Manager Salary

2 - 12 years exp. (61 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 28% less
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₹2 L/yr - ₹5.8 L/yr

arrow icon 24% less
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₹3.9 L/yr - ₹6 L/yr

arrow icon 8% less
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₹3.9 L/yr - ₹4 L/yr

arrow icon 15% less
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Edelweiss Assistant Credit Manager Salary

3 - 7 years exp. (5 salaries)

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₹4.5 L/yr - ₹15.3 L/yr

arrow icon 122% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 13% less
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₹3.1 L/yr - ₹6.8 L/yr

arrow icon 1% more
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₹2.3 L/yr - ₹5 L/yr

arrow icon 10% less
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IIFL Finance Assistant Credit Manager Salary

1 - 10 years exp. (19 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 8% less
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₹3 L/yr - ₹5 L/yr

arrow icon 18% less
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₹3 L/yr - ₹5 L/yr

arrow icon 24% less
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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 7% less
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TVS Credit Assistant Credit Manager Salary

1 - 12 years exp. (14 salaries)

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₹2.7 L/yr - ₹6.3 L/yr

arrow icon 1% more
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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 6% less
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₹3 L/yr - ₹4 L/yr

arrow icon 18% less
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₹4 L/yr - ₹6 L/yr

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₹2.9 L/yr - ₹4 L/yr

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₹1.9 L/yr - ₹2.6 L/yr

arrow icon 52% less
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Assistant Credit Manager salary at Mahindra Finance ranges between ₹3 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Assistant Credit Manager

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Experience wise Mahindra Finance Assistant Credit Manager salaries

Last Updated: 30 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹8.2 L/yr
4 years  (3 salaries)

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₹4.2 L/yr - ₹6.3 L/yr
5 years  (3 salaries)

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₹3 L/yr - ₹8.4 L/yr
6 years  (3 salaries)

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₹4.2 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6 L/yr
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Similar Designation salaries in Mahindra Finance

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₹13 L/yr - ₹31 L/yr
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₹5.45 L/yr - ₹14 L/yr
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₹4.8 L/yr - ₹14 L/yr
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₹2.8 L/yr - ₹6.2 L/yr
Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr
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₹4.95 L/yr - ₹6.63 L/yr
Credit Manager Salary
(85 salaries)
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₹2.78 L/yr - ₹13 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹2.2 L/yr - ₹6 L/yr
Branch Manager Salary
(161 salaries)
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₹2.05 L/yr - ₹9.1 L/yr

Top skills at Mahindra Finance for Assistant Credit Manager

Credit Management Branch Management housing finance

Salary related reviews for Mahindra Finance

4.4

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 29 Oct 2024

5.0
 for  Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

read more

Dislikes

So far no issues.

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 31 Jul 2020

1.0
 for  Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

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Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

read more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

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BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

read more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

read more
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Mahindra Finance Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Mahindra Finance?
Assistant Credit Manager salary at Mahindra Finance in India ranges between ₹3.0 Lakhs to ₹6.3 Lakhs for experience between 3 years to 9 years. According to our estimates it is 6% more than the average Assistant Credit Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Assistant Credit Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Assistant Credit Manager at Mahindra Finance is 6% more than the average salary of a Assistant Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Credit Manager at Mahindra Finance?
Credit Management, Branch Management and housing finance are some of the popular skills required to work as a Assistant Credit Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a Assistant Credit Manager in India?
  • Edelweiss Assistant Credit Manager Salary - ₹4.5 Lakhs to ₹15.3 Lakhs per year
  • HDFC Bank Assistant Credit Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year
  • TVS Credit Assistant Credit Manager Salary - ₹2.7 Lakhs to ₹6.3 Lakhs per year
  • Aavas Financiers Assistant Credit Manager Salary - ₹3.1 Lakhs to ₹6.8 Lakhs per year
  • Sundaram Finance Assistant Credit Manager Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Assistant Credit Manager in companies similar to Mahindra Finance in India?
  • Manappuram Finance Assistant Credit Manager Salary - ₹3.1 Lakhs to ₹5.5 Lakhs per year
  • Poonawalla Fincorp Assistant Credit Manager Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
  • Muthoot Finance Assistant Credit Manager Salary - ₹3.9 Lakhs to ₹6.0 Lakhs per year
  • IIFL Finance Assistant Credit Manager Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
  • Mahindra Rural Housing Finance Assistant Credit Manager Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Assistant Credit Manager at Mahindra Finance in India?
The estimated take-home salary of a Assistant Credit Manager at Mahindra Finance ranges between ₹34,942 per month to ₹36,182 per month in India. The take-home salary calculation is based on the average Mahindra Finance Assistant Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Assistant Credit Manager at Mahindra Finance?
According to AmbitionBox, 50% of the Mahindra Finance Assistant Credit Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Assistant Credit Manager salary in India ranges between ₹3 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Mahindra Finance latest salaries received from various employees of Mahindra Finance.