Mahindra Finance Credit Analyst Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹3.3 Lakhs - ₹10 Lakhs

Salary of majority employees

23% less than the average Credit Analyst Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Analyst Salary 3 - 9 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr
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BFSI, Investments & Trading Credit Analyst Salary 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹7.8 L/yr

Last Updated: 14 Mar 2025

Companies similar to Mahindra Finance for Credit Analyst

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Analyst Salary 0 - 5 years exp. (6 salaries)	₹6.5 L/yr - ₹14 L/yr 39% more
HDFC Bank Credit Analyst Salary 0 - 7 years exp. (177 salaries)	₹4.5 L/yr - ₹18.2 L/yr 54% more
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Shriram Finance Credit Analyst Salary 0 - 4 years exp. (8 salaries)	₹2.4 L/yr - ₹3.3 L/yr 61% less
L&T Finance Credit Analyst Salary 1 - 11 years exp. (6 salaries)	₹2.7 L/yr - ₹4 L/yr 53% less
Cholamandalam Investment & Finance Credit Analyst Salary 1 - 10 years exp. (23 salaries)	₹2.4 L/yr - ₹4.5 L/yr 43% less
Muthoot Finance Credit Analyst Salary 0 - 8 years exp. (4 salaries)	₹2.3 L/yr - ₹3.8 L/yr 56% less
Aditya Birla Capital Credit Analyst Salary 0 - 6 years exp. (6 salaries)	₹5.5 L/yr - ₹14 L/yr 54% more
Reliance Capital Credit Analyst Salary 1 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 68% less
Edelweiss Credit Analyst Salary 1 - 6 years exp. (5 salaries)	₹4.7 L/yr - ₹8.5 L/yr 2% less
Sammaan Capital Limited Credit Analyst Salary 2 - 3 years exp. (4 salaries)	₹5.4 L/yr - ₹6.9 L/yr 11% less
HDB Financial Services Credit Analyst Salary 0 - 8 years exp. (30 salaries)	₹1.6 L/yr - ₹4.5 L/yr 49% less
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Tata Capital Housing Finance Credit Analyst Salary 0 - 7 years exp. (25 salaries)	₹2 L/yr - ₹3.6 L/yr 58% less
Kotak Mahindra Prime Credit Analyst Salary 1 - 7 years exp. (20 salaries)	₹1.9 L/yr - ₹8.3 L/yr 47% less
Poonawalla Fincorp Credit Analyst Salary 2 - 9 years exp. (17 salaries)	₹2.4 L/yr - ₹9.7 L/yr 30% less
SMFG India Credit Credit Analyst Salary 3 - 7 years exp. (8 salaries)	₹2.6 L/yr - ₹4 L/yr 46% less
IIFL Finance Credit Analyst Salary 3 - 14 years exp. (7 salaries)	₹2.6 L/yr - ₹5.6 L/yr 39% less
PNB Housing Finance Credit Analyst Salary 2 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹12.1 L/yr 3% more
Aavas Financiers Credit Analyst Salary 0 - 3 years exp. (6 salaries)	₹1.4 L/yr - ₹5.2 L/yr 55% less
Mahindra Rural Housing Finance Credit Analyst Salary 0 - 7 years exp. (5 salaries)	₹1.2 L/yr - ₹2.1 L/yr 75% less
Sundaram Finance Credit Analyst Salary 0 - 2 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 23% less

View all

Credit Analyst salary at Mahindra Finance ranges between ₹3.3 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 13 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Credit Analyst salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹11.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹12.2 L/yr
7 years (3 salaries)	₹4.6 L/yr - ₹7.8 L/yr
8 years (3 salaries)	₹2.8 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹12.6 L/yr

View all

Similar Designation salaries in Mahindra Finance

Credit Manager Salary

(110 salaries)

₹2.3 L/yr - ₹12.65 L/yr

Analyst Salary

(3 salaries)

₹1 L/yr - ₹12 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Associate Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Business Analyst Salary

(13 salaries)

₹2.8 L/yr - ₹11.5 L/yr

Financial Analyst Salary

(6 salaries)

₹1.95 L/yr - ₹3.11 L/yr

Team Lead Salary

(36 salaries)

₹2.2 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(317 salaries)

₹4 L/yr - ₹12 L/yr

Accountant Salary

(82 salaries)

₹1.2 L/yr - ₹5.25 L/yr

Senior Associate Salary

(5 salaries)

₹7.13 L/yr - ₹9.66 L/yr

Top skills at Mahindra Finance for Credit Analyst

Problem Solving Analytical skills Communication Skills Financial Analysis CPA Credit Analysis

Salary related reviews for Mahindra Finance

3.3

Rated by 2 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.

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

Finance Executive in Haryana ,Rohtak

BFSI, Investments & Trading Department

4.0

• posted on 01 May 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and but they give low salary hike and but bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a no bond of 2 years before which you cannot resign. On the job training is given to new joinees.

Job security - Bad

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Mahindra Finance ?

The average salary of a Credit Analyst at Mahindra Finance in India typically ranges from ₹3.3 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Credit Analyst at Mahindra Finance earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Credit Analyst Salaries at Mahindra Finance 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 Finance employees in India.

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

The estimated take-home salary of a Credit Analyst at Mahindra Finance in India typically ranges from ₹51,706 to ₹52,925 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Analyst at Mahindra Finance ?

To be a Credit Analyst at Mahindra Finance in india, the key skills required include:

- Problem Solving
- Analytical skills
- Communication Skills
- Financial Analysis
- CPA

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mahindra Finance for Credit Analyst in India?

HDFC Bank	₹4.5 Lakhs to ₹18.2 Lakhs per year
Aditya Birla Capital	₹5.5 Lakhs to ₹14.0 Lakhs per year
Bajaj Finance	₹6.5 Lakhs to ₹14.0 Lakhs per year
Manappuram Finance	₹2.0 Lakhs to ₹21.8 Lakhs per year
PNB Housing Finance	₹2.1 Lakhs to ₹12.1 Lakhs per year

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

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

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

Edelweiss	₹4.7 Lakhs to ₹8.5 Lakhs per year
Sammaan Capital Limited	₹5.4 Lakhs to ₹6.9 Lakhs per year
Sundaram Finance	₹4.5 Lakhs to ₹6.0 Lakhs per year
Poonawalla Fincorp	₹2.4 Lakhs to ₹9.7 Lakhs per year
IIFL Finance	₹2.6 Lakhs to ₹5.6 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 Analyst at Mahindra Finance in India?

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

Experience	Average Salary Range
3 years	₹5.1 Lakhs to ₹7.8 Lakhs per year
4 years	₹5.1 Lakhs to ₹11.9 Lakhs per year
5 years	₹3.3 Lakhs to ₹12.0 Lakhs per year
6 years	₹4.0 Lakhs to ₹12.2 Lakhs per year

and so on.

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Mahindra Finance Credit Analyst Salaries

Mahindra Finance Credit Analyst salary in India ranges between ₹3.3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Mahindra Finance latest salaries received from various employees of Mahindra Finance.