Mahindra Finance Credit Executive Salaries by 10+ Employees

1 - 6 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Credit Executive Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Executive Salary 2 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹2.8 L/yr
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Finance & Accounting Credit Executive Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr

Last Updated: 17 Sep 2024

Companies similar to Mahindra Finance for Credit Executive

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Executive Salary 0 - 7 years exp. (141 salaries)	₹1.4 L/yr - ₹3.5 L/yr 8% more
Shriram Finance Credit Executive Salary 1 - 8 years exp. (79 salaries)	₹1.1 L/yr - ₹3 L/yr 1% more
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SMFG India Credit Credit Executive Salary 0 - 6 years exp. (53 salaries)	₹2.1 L/yr - ₹4.5 L/yr 34% more
HDB Financial Services Credit Executive Salary 0 - 3 years exp. (53 salaries)	₹1.2 L/yr - ₹3.2 L/yr 5% less
L&T Finance Credit Executive Salary 1 - 6 years exp. (27 salaries)	₹2.3 L/yr - ₹3.5 L/yr 27% more
TVS Credit Credit Executive Salary 0 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹2.5 L/yr 24% less
Capri Global Capital Credit Executive Salary 1 - 5 years exp. (20 salaries)	₹1.4 L/yr - ₹2.9 L/yr 8% less
Sammaan Capital Limited Credit Executive Salary 0 - 5 years exp. (18 salaries)	₹1.8 L/yr - ₹3 L/yr 6% less
Bajaj Finance Credit Executive Salary 1 - 4 years exp. (18 salaries)	₹2.2 L/yr - ₹4 L/yr 19% more
Aavas Financiers Credit Executive Salary 0 - 4 years exp. (15 salaries)	₹1.1 L/yr - ₹2.5 L/yr 1% more
Kotak Mahindra Prime Credit Executive Salary 1 - 4 years exp. (9 salaries)	₹1.5 L/yr - ₹2.2 L/yr 12% less
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Muthoot Microfin Credit Executive Salary 0 - 2 years exp. (7 salaries)	₹1.6 L/yr - ₹2.2 L/yr 26% less
IIFL Finance Credit Executive Salary 3 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 6% more
PNB Housing Finance Credit Executive Salary 1 - 8 years exp. (5 salaries)	₹1.5 L/yr - ₹2.3 L/yr 24% less
Spandana Sphoorty Financial Credit Executive Salary 1 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr 6% more
Ess Kay Fincorp Credit Executive Salary 2 - 6 years exp. (5 salaries)	₹1.9 L/yr - ₹2.4 L/yr 15% less
Muthoot Fincorp Credit Executive Salary 0 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹3.5 L/yr 15% more
Manappuram Finance Credit Executive Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 13% less
Tata Capital Housing Finance Credit Executive Salary 0 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 13% more
SK Finance Limited Credit Executive Salary 4 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 23% less

View all

Credit Executive salary at Mahindra Finance ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Credit Executive salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
2 years (4 salaries)	₹1.9 L/yr - ₹2.7 L/yr
Login to view exact salary
3 years (5 salaries)	₹2 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
5 years (3 salaries)	₹2 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

View all

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Top skills at Mahindra Finance for Credit Executive

Credit Appraisal Credit Management housing finance

Salary related reviews for Mahindra Finance

2.4

Rated by 5 employees for salary & benefits

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 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

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra Finance Credit Executive Salary FAQs

What is the salary of Credit Executive at Mahindra Finance ?

The average salary of a Credit Executive at Mahindra Finance in India typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Executive at Mahindra Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Executive 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 Executive at Mahindra Finance in India?

The estimated take-home salary of a Credit Executive at Mahindra Finance in India typically ranges from ₹17,247 to ₹18,951 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 Executive at Mahindra Finance ?

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

- Credit Appraisal
- Credit Management
- housing finance

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 Executive in India?

SMFG India Credit	₹2.1 Lakhs to ₹4.5 Lakhs per year
CreditAccess Grameen	₹2.7 Lakhs to ₹3.5 Lakhs per year
L&T Finance	₹2.3 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance	₹2.2 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp	₹1.7 Lakhs to ₹3.5 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 Executive in companies similar to Mahindra Finance in India?

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

Tata Capital Housing Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance	₹1.4 Lakhs to ₹3.5 Lakhs per year
IIFL Finance	₹2.0 Lakhs to ₹3.0 Lakhs per year
Spandana Sphoorty Financial	₹2.4 Lakhs to ₹3.1 Lakhs per year
Aavas Financiers	₹1.1 Lakhs to ₹2.5 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 Executive at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.7 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Mahindra Finance Credit Executive Salaries

Mahindra Finance Credit Executive salary in India ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Mahindra Finance latest salaries received from various employees of Mahindra Finance.