Mahindra Finance Branch Credit Manager Salaries by 10 Employees (Updated 2025)

6 - 10 years exp.

₹4 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

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20% less than the average Branch Credit Manager Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

Finance & Accounting Branch Credit Manager Salary 6 - 10 years exp. (9 salaries)	Unlock ₹4 L/yr - ₹7.1 L/yr
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BFSI, Investments & Trading Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹4.1 L/yr

Last Updated: 21 Jan 2025

Companies similar to Mahindra Finance for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Branch Credit Manager Salary 4 - 10 years exp. (122 salaries)	Unlock ₹3.2 L/yr - ₹8.2 L/yr 46% more
HDFC Bank Branch Credit Manager Salary 2 - 11 years exp. (34 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 72% more
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Shriram Finance Branch Credit Manager Salary 2 - 10 years exp. (31 salaries)	Unlock ₹2.4 L/yr - ₹6.1 L/yr 7% less
L&T Finance Branch Credit Manager Salary 0 - 4 years exp. (7 salaries)	Unlock ₹3.5 L/yr - ₹5.1 L/yr At par
Cholamandalam Investment & Finance Branch Credit Manager Salary 3 - 13 years exp. (318 salaries)	Unlock ₹3 L/yr - ₹11.4 L/yr 48% more
Muthoot Finance Branch Credit Manager Salary 2 - 6 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹5.6 L/yr 4% less
Aditya Birla Capital Branch Credit Manager Salary 3 - 11 years exp. (16 salaries)	Unlock ₹5.4 L/yr - ₹9.5 L/yr 70% more
Reliance Capital Branch Credit Manager Salary 1 - 11 years exp. (13 salaries)	Unlock ₹4.2 L/yr - ₹10.5 L/yr 30% more
Edelweiss Branch Credit Manager Salary 0 - 10 years exp. (7 salaries)	Unlock ₹4.6 L/yr - ₹9.5 L/yr 62% more
Sammaan Capital Limited Branch Credit Manager Salary 2 - 10 years exp. (182 salaries)	Unlock ₹3 L/yr - ₹8 L/yr 37% more	1 job opening
SMFG India Credit Branch Credit Manager Salary 1 - 11 years exp. (248 salaries)	Unlock ₹1.9 L/yr - ₹9.3 L/yr 14% more	1 job opening
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PNB Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (199 salaries)	Unlock ₹4.5 L/yr - ₹12.6 L/yr 94% more
Muthoot Microfin Branch Credit Manager Salary 0 - 6 years exp. (157 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr 37% less
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 6 years exp. (156 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr 26% less
Mahindra Rural Housing Finance Branch Credit Manager Salary 1 - 10 years exp. (130 salaries)	Unlock ₹2.1 L/yr - ₹7.5 L/yr 13% more	1 job opening
Aavas Financiers Branch Credit Manager Salary 1 - 11 years exp. (87 salaries)	Unlock ₹3.5 L/yr - ₹7.9 L/yr 40% more
Electronica Finance Branch Credit Manager Salary 2 - 7 years exp. (72 salaries)	Unlock ₹3 L/yr - ₹5.4 L/yr 3% less	1 job opening
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (57 salaries)	Unlock ₹1.8 L/yr - ₹7.7 L/yr 26% less
Muthoot Fincorp Branch Credit Manager Salary 0 - 12 years exp. (57 salaries)	Unlock ₹2.7 L/yr - ₹7.6 L/yr 11% more
Capri Global Capital Branch Credit Manager Salary 1 - 8 years exp. (53 salaries)	Unlock ₹3.1 L/yr - ₹8 L/yr 24% more

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Branch Credit Manager salary at Mahindra Finance ranges between ₹4 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Credit Manager

3d ago

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9 years exp.

4mo ago

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10 years exp.

9mo ago

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6 years exp.

1y ago

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6 years exp.

1y ago

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10 years exp.

1y ago

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7 years exp.

1y ago

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7 years exp.

1y ago

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8 years exp.

1y ago

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6 years exp.

1y ago

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9 years exp.

Experience wise Mahindra Finance Branch Credit Manager salaries

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
6 years (3 salaries)	Unlock ₹4.1 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹6.4 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹7.1 L/yr

Similar Designation salaries in Mahindra Finance

Area Credit Manager Salary

(7 salaries)

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₹5.45 L/yr - ₹14 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

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₹24.3 L/yr - ₹31.1 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr

Regional Credit Manager Salary

(10 salaries)

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₹19.6 L/yr - ₹31 L/yr

Branch Manager Salary

(165 salaries)

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₹1.85 L/yr - ₹9.1 L/yr

Credit Manager Salary

(90 salaries)

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₹2.3 L/yr - ₹12.1 L/yr

Cluster Credit Manager Salary

(6 salaries)

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₹4.8 L/yr - ₹14 L/yr

Assistant Credit Manager Salary

(14 salaries)

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₹3 L/yr - ₹6.25 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Chief Manager Salary

(46 salaries)

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₹15 L/yr - ₹30 L/yr

Top skills at Mahindra Finance for Branch Credit Manager

Credit Management Branch Accounting Credit Policy Credit Analysis Credit Risk

Salary related reviews for Mahindra Finance

2.7

Rated by 8 employees for salary & benefits

Credit Manager in Chennai

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.,

Salary - Poor

+6 more

Deputy Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Relationship Manager in Chandigarh

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.

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.

Salary - Bad

+6 more

Credit Manager in Mumbai

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.

Job security - Good

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.

Salary - Bad

+4 more

Credit Manager in Sinnar

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

Salary - Excellent

+5 more

Dislikes

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

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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... read more

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Mahindra Finance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Mahindra Finance?

Branch Credit Manager salary at Mahindra Finance in India ranges between ₹4.0 Lakhs to ₹7.1 Lakhs for experience between 6 years to 10 years. According to our estimates it is 20% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Branch Credit Manager at Mahindra Finance is 20% less than the average salary of a Branch Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Credit Manager at Mahindra Finance?

Credit Management, Branch Accounting, Credit Policy, Credit Analysis and Credit Risk are some of the popular skills required to work as a Branch Credit Manager at Mahindra Finance India.

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

Kotak Mahindra Prime Branch Credit Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
PNB Housing Finance Branch Credit Manager Salary - ₹4.5 Lakhs to ₹12.6 Lakhs per year
HDFC Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Capital Branch Credit Manager Salary - ₹5.4 Lakhs to ₹9.5 Lakhs per year
Tata Capital Housing Finance Branch Credit Manager Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year

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

Edelweiss Branch Credit Manager Salary - ₹4.6 Lakhs to ₹9.5 Lakhs per year
Cholamandalam Investment & Finance Branch Credit Manager Salary - ₹3.0 Lakhs to ₹11.4 Lakhs per year
Poonawalla Fincorp Branch Credit Manager Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
Bajaj Finance Branch Credit Manager Salary - ₹3.2 Lakhs to ₹8.2 Lakhs per year
Aavas Financiers Branch Credit Manager Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at Mahindra Finance ranges between ₹32,021 per month to ₹33,305 per month in India. The take-home salary calculation is based on the average Mahindra Finance Branch Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Manager at Mahindra Finance?

According to AmbitionBox, 82% of the Mahindra Finance Branch Credit Managers reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Mahindra Finance Branch Credit Manager Salaries by Location

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Mahindra Finance Branch Credit Manager Salaries

Mahindra Finance Branch Credit Manager salary in India ranges between ₹4 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Mahindra Finance latest salaries received from various employees of Mahindra Finance.

Mahindra Finance Branch Credit Manager salaries in India (Updated 2025)

Companies similar to Mahindra Finance for Branch Credit Manager

Latest annual salaries shared by Mahindra Finance Branch Credit Manager

Experience wise Mahindra Finance Branch Credit Manager salaries

Similar Designation salaries in Mahindra Finance

Top skills at Mahindra Finance for Branch Credit Manager

Salary related reviews for Mahindra Finance

Credit Manager in Chennai

Deputy Manager in Mumbai

Relationship Manager in Chandigarh

Credit Manager in Mumbai

Credit Manager in Sinnar

Mahindra Finance Branch Credit Manager Salary FAQs

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Mahindra Finance Branch Credit Manager Salaries by Location