Mahindra Finance Credit Executive Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1.6 Lakh - ₹3.5 Lakhs

Salary of majority employees

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At par with 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. (8 salaries)	Unlock ₹1.6 L/yr - ₹2.8 L/yr
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Finance & Accounting Credit Executive Salary 1 - 5 years exp. (8 salaries)	Unlock ₹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
Bajaj Finance Credit Executive Salary 1 - 4 years exp. (18 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 18% more
HDFC Bank Credit Executive Salary 1 - 6 years exp. (69 salaries)	Unlock ₹1 L/yr - ₹3.5 L/yr 22% less
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Shriram Finance Credit Executive Salary 1 - 8 years exp. (242 salaries)	Unlock ₹1 L/yr - ₹3.7 L/yr 2% more
L&T Finance Credit Executive Salary 1 - 6 years exp. (26 salaries)	Unlock ₹2.6 L/yr - ₹3.5 L/yr 28% more
Cholamandalam Investment & Finance Credit Executive Salary 1 - 8 years exp. (112 salaries)	Unlock ₹1.3 L/yr - ₹3.7 L/yr 8% more
Muthoot Finance Credit Executive Salary 2 - 7 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹3.2 L/yr 3% less
Aditya Birla Capital Credit Executive Salary 1 - 5 years exp. (9 salaries)	Unlock ₹2.4 L/yr - ₹3.4 L/yr 16% more
Reliance Capital Credit Executive Salary 4 - 5 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹2.9 L/yr 3% less
Edelweiss Credit Executive Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 35% more
Sammaan Capital Limited Credit Executive Salary 0 - 5 years exp. (18 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 7% less
Mahindra Rural Housing Finance Credit Executive Salary 0 - 7 years exp. (141 salaries)	Unlock ₹1.4 L/yr - ₹3.5 L/yr 7% more
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SMFG India Credit Credit Executive Salary 0 - 6 years exp. (54 salaries)	Unlock ₹1.9 L/yr - ₹4.5 L/yr 35% more
HDB Financial Services Credit Executive Salary 0 - 3 years exp. (54 salaries)	Unlock ₹1.2 L/yr - ₹3.2 L/yr 9% less
TVS Credit Credit Executive Salary 0 - 6 years exp. (23 salaries)	Unlock ₹1.2 L/yr - ₹2.5 L/yr 25% less
Capri Global Capital Credit Executive Salary 1 - 5 years exp. (20 salaries)	Unlock ₹1.4 L/yr - ₹2.9 L/yr 9% less
Aavas Financiers Credit Executive Salary 0 - 3 years exp. (15 salaries)	Unlock ₹1.1 L/yr - ₹2.5 L/yr At par
Kotak Mahindra Prime Credit Executive Salary 1 - 4 years exp. (9 salaries)	Unlock ₹1.5 L/yr - ₹2.2 L/yr 13% less
Muthoot Microfin Credit Executive Salary 0 - 2 years exp. (7 salaries)	Unlock ₹1.6 L/yr - ₹2.2 L/yr 27% less
IIFL Finance Credit Executive Salary 3 - 7 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 4% more
PNB Housing Finance Credit Executive Salary 1 - 8 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹2.3 L/yr 25% less

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Credit Executive salary at Mahindra Finance ranges between ₹1.6 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 21 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Credit Executive

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4 years exp.

11mo ago

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6 years exp.

1y ago

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3 years exp.

1y ago

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3 years exp.

1y ago

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4 years exp.

1y ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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3 years exp.

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2 years exp.

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5 years exp.

Experience wise Mahindra Finance Credit Executive salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹4.2 L/yr
2 years (6 salaries)	Unlock ₹1.9 L/yr - ₹2.7 L/yr
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3 years (6 salaries)	Unlock ₹1.9 L/yr - ₹2.7 L/yr
4 years (3 salaries)	Unlock ₹1.6 L/yr - ₹2.8 L/yr
5 years (3 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.5 L/yr

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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

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.

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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 Credit Executive Salary FAQs

What is the salary of Credit Executive at Mahindra Finance?

Credit Executive salary at Mahindra Finance in India ranges between ₹1.6 Lakhs to ₹3.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 4% less than the average Credit Executive Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Credit Executive at Mahindra Finance is 4% less than the average salary of a Credit Executive in India. To know exact salary insights, login to view.

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

Credit Appraisal, Credit Management and housing finance are some of the popular skills required to work as a Credit Executive at Mahindra Finance India.

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

Edelweiss Credit Executive Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
SMFG India Credit Credit Executive Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
L&T Finance Credit Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year
CreditAccess Grameen Credit Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance Credit Executive Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year

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

Aditya Birla Capital Credit Executive Salary - ₹2.4 Lakhs to ₹3.4 Lakhs per year
Muthoot Fincorp Credit Executive Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Tata Capital Housing Finance Credit Executive Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Cholamandalam Investment & Finance Credit Executive Salary - ₹1.3 Lakhs to ₹3.7 Lakhs per year
Mahindra Rural Housing Finance Credit Executive Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹17,557 per month to ₹19,256 per month in India. The take-home salary calculation is based on the average Mahindra Finance Credit Executive salary in India which ranges between ₹1.6 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 45% of the Mahindra Finance Credit Executives reported a notice period of 1 Month, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Mahindra Finance Credit Executive Salaries

Mahindra Finance Credit Executive salary in India ranges between ₹1.6 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Mahindra Finance latest salaries received from various employees of Mahindra Finance.