Mahindra Finance Credit Assistant Salaries by 4 Employees (Updated 2024)

2 - 10 years exp.

₹2.3 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Credit Assistant Salary in NBFC Companies for 2 - 10 years of experience

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Last Updated: 24 May 2024

Companies similar to Mahindra Finance for Credit Assistant

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Assistant Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹2.1 L/yr 34% less
Cholamandalam Investment & Finance Credit Assistant Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 16% less
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Manappuram Finance Credit Assistant Salary 0 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹3 L/yr 20% less
Kotak Mahindra Prime Credit Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 32% less
Mahindra Rural Housing Finance Credit Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹2.3 L/yr 39% less
SMFG India Credit Credit Assistant Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.1 L/yr 10% more

Credit Assistant salary at Mahindra Finance ranges between ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Credit Assistant salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
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8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 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.

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.

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..

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.

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.

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.

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra Finance Credit Assistant Salary FAQs

What is the salary of Credit Assistant at Mahindra Finance?

Credit Assistant salary at Mahindra Finance in India ranges between ₹2.3 Lakhs to ₹5.3 Lakhs for experience between 2 years to 10 years. According to our estimates it is 37% more than the average Credit Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Credit Assistant at Mahindra Finance is 37% more than the average salary of a Credit Assistant in India. To know exact salary insights, login to view.

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

SMFG India Credit Credit Assistant Salary - ₹2.7 Lakhs to ₹4.1 Lakhs per year

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

Cholamandalam Investment & Finance Credit Assistant Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Manappuram Finance Credit Assistant Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
Kotak Mahindra Prime Credit Assistant Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year
HDFC Bank Credit Assistant Salary - ₹2.0 Lakhs to ₹2.1 Lakhs per year
Mahindra Rural Housing Finance Credit Assistant Salary - ₹1.4 Lakhs to ₹2.3 Lakhs per year

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

The estimated take-home salary of a Credit Assistant at Mahindra Finance ranges between ₹21,992 per month to ₹23,476 per month in India. The take-home salary calculation is based on the average Mahindra Finance Credit Assistant salary in India which ranges between ₹2.3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Assistant at Mahindra Finance?

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

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Mahindra Finance Credit Assistant Salaries

Mahindra Finance Credit Assistant salary in India ranges between ₹2.3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.