Mahindra Finance Credit Assistant Salaries by 3 Employees (Updated 2025)

2 - 10 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹3.2 Lakhs

Variable (10%)

₹0.4 Lakh

54% more than the average Credit Assistant Salary in NBFC Companies for 2 - 10 years of experience

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Last Updated: 20 Mar 2025

Companies similar to Mahindra Finance for Credit Assistant

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Assistant Salary 2 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 43% less
Cholamandalam Investment & Finance Credit Assistant Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 29% less
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Spandana Sphoorty Financial Credit Assistant Salary 0 - 5 years exp. (175 salaries)	₹1 L/yr - ₹4.5 L/yr 37% less
Kotak Mahindra Prime Credit Assistant Salary 1 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 42% less
Mahindra Rural Housing Finance Credit Assistant Salary 1 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹2.3 L/yr 48% less
SMFG India Credit Credit Assistant Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.1 L/yr 7% less

Credit Assistant salary at Mahindra Finance ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Credit Assistant salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for Mahindra Finance

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

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 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

Sales Executive in Derabassi

Finance & Accounting Department

5.0

• posted on 19 Feb 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates ase suppotive and the management is transparent. Company policies are good , appraisal are fair.

Salary - Excellent

+5 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

see more salary related reviews

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

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Mahindra Finance Credit Assistant Salary FAQs

How the salary growth look like for a Credit Assistant at Mahindra Finance in India?

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

Experience	Average Salary Range
2 years	₹2.1 Lakhs to ₹2.6 Lakhs per year
7 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
10 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Mahindra Finance Credit Assistant Salaries

Mahindra Finance Credit Assistant salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Finance latest salaries received from various employees of Mahindra Finance.