Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary9% less than the average Credit Manager Salary in NBFC Companies for 1 - 14 years of experience
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Salaries in different departments
Finance & Accounting
Credit Manager Salary
2 - 14
years
exp.
(54
salaries)
|  ₹3.5 L/yr - ₹12.1 L/yr |
BFSI, Investments & Trading
Credit Manager Salary
2 - 14
years
exp.
(29
salaries)
| ₹4.1 L/yr - ₹11.6 L/yr |
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| |
Risk Management & Compliance
Credit Manager Salary
6 - 8
years
exp.
(3
salaries)
| ₹4.5 L/yr - ₹9.6 L/yr |
Companies similar to Mahindra Finance for Credit Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Bank Credit Manager Salary
0 - 12 years exp. (2.7k salaries) | ₹3.5 L/yr - ₹14.4 L/yr 
21%
more | 14 job openings |
 ICICI Bank Credit Manager Salary
0 - 11 years exp. (3.2k salaries) | ₹4.3 L/yr - ₹18 L/yr
42%
more | |
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| ||
 Axis Bank Credit Manager Salary
0 - 12 years exp. (822 salaries) | ₹4 L/yr - ₹14.8 L/yr
23%
more | |
 Bajaj Finance Credit Manager Salary
1 - 9 years exp. (395 salaries) | ₹2 L/yr - ₹9 L/yr 
15%
less | 4 job openings |
 Tata Capital Credit Manager Salary
0 - 11 years exp. (448 salaries) | ₹3.7 L/yr - ₹12.5 L/yr
13%
more | 6 job openings |
 Kotak Mahindra Bank Credit Manager Salary
0 - 11 years exp. (1k salaries) | ₹3.8 L/yr - ₹15 L/yr
28%
more | |
 IndusInd Bank Credit Manager Salary
2 - 12 years exp. (233 salaries) | ₹2.9 L/yr - ₹13 L/yr
8%
more | 1 job opening |
 Aditya Birla Finance Credit Manager Salary
0 - 10 years exp. (318 salaries) | ₹4 L/yr - ₹11.3 L/yr
2%
more | |
 IDFC FIRST Bank Credit Manager Salary
0 - 10 years exp. (822 salaries) | ₹3 L/yr - ₹13.5 L/yr
10%
more | |
 Yes Bank Credit Manager Salary
0 - 12 years exp. (416 salaries) | ₹4.2 L/yr - ₹14.3 L/yr
25%
more | 1 job opening |
 HDB Financial Services Credit Manager Salary
0 - 12 years exp. (474 salaries) | ₹2 L/yr - ₹9 L/yr
35%
less | 1 job opening |
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| ||
 SMFG India Credit Credit Manager Salary
0 - 13 years exp. (342 salaries) | ₹2.4 L/yr - ₹10.9 L/yr
6%
less | |
 Aavas Financiers Credit Manager Salary
1 - 10 years exp. (272 salaries) | ₹3 L/yr - ₹8 L/yr
16%
less | 4 job openings |
 Tata Capital Housing Finance Credit Manager Salary
3 - 14 years exp. (189 salaries) | ₹4 L/yr - ₹13.3 L/yr
14%
more | |
 IIFL Finance Credit Manager Salary
0 - 10 years exp. (179 salaries) | ₹2.3 L/yr - ₹10.1 L/yr
18%
less | |
 Aditya Birla Capital Credit Manager Salary
3 - 10 years exp. (200 salaries) | ₹4 L/yr - ₹10.4 L/yr
7%
more | |
 Cholamandalam Investment & Finance Credit Manager Salary
2 - 12 years exp. (149 salaries) | ₹2 L/yr - ₹9.9 L/yr
18%
less | |
 Edelweiss Credit Manager Salary
0 - 8 years exp. (146 salaries) | ₹2.7 L/yr - ₹12 L/yr
4%
less | |
 Poonawalla Fincorp Credit Manager Salary
0 - 10 years exp. (150 salaries) | ₹4.2 L/yr - ₹11.3 L/yr
1%
less | |
 Shriram Finance Credit Manager Salary
0 - 12 years exp. (139 salaries) | ₹1.8 L/yr - ₹10.4 L/yr
22%
less | 2 job openings |
Latest annual salaries shared by Mahindra Finance Credit Manager
Experience wise Mahindra Finance Credit Manager salaries
Last Updated: 8 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 1 year (AmbitionBox Estimate) |
₹3
L/yr
- ₹8.5
L/yr
|
| 2 years (3 salaries) |
₹3
L/yr
- ₹13.2
L/yr
|
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| |
| 3 years (7 salaries) |
₹5
L/yr
- ₹8.4
L/yr
|
| 4 years (11 salaries) |
₹2.7
L/yr
- ₹8.8
L/yr
|
| 5 years (17 salaries) |
₹2.3
L/yr
- ₹11.6
L/yr
|
Similar Designation salaries in Mahindra Finance
Top skills at Mahindra Finance for Credit Manager
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Mahindra Finance Credit Manager Salary FAQs
The top 10% of Credit Manager at Mahindra Finance earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Credit Manager 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 100+ Mahindra Finance employees in India.
- - Credit Management
- - Credit Analysis
- - Credit Appraisal
- - Disbursement
- - Credit
These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
| ICICI Bank | ₹4.3 Lakhs to ₹18.0 Lakhs per year |
| Kotak Mahindra Bank | ₹3.8 Lakhs to ₹15.0 Lakhs per year |
| Yes Bank | ₹4.2 Lakhs to ₹14.3 Lakhs per year |
| PNB Housing Finance | ₹4.9 Lakhs to ₹12.1 Lakhs per year |
| Axis Bank | ₹4.0 Lakhs to ₹14.8 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.
| HDFC Bank | ₹3.5 Lakhs to ₹14.4 Lakhs per year |
| Kotak Mahindra Prime | ₹3.9 Lakhs to ₹12.0 Lakhs per year |
| L&T Finance | ₹3.6 Lakhs to ₹14.0 Lakhs per year |
| Tata Capital Housing Finance | ₹4.0 Lakhs to ₹13.3 Lakhs per year |
| Tata Capital | ₹3.7 Lakhs to ₹12.5 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.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.0 Lakhs to ₹8.5 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹13.2 Lakhs per year |
| 3 years | ₹5.0 Lakhs to ₹8.4 Lakhs per year |
| 4 years | ₹2.7 Lakhs to ₹8.8 Lakhs per year |
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Mahindra Finance Credit Manager salary
in
India
ranges between ₹2.3
Lakhs to ₹12.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
110
Mahindra Finance latest salaries received from various employees of
Mahindra Finance.