Mahindra Finance Credit Processing Associate Salaries by 5 Employees

1 - 8 years exp.

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Credit Processing Associate Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Credit Processing Associate Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr
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Finance & Accounting Credit Processing Associate Salary 1 - 8 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

Last Updated: 25 Dec 2024

Companies similar to Mahindra Finance for Credit Processing Associate

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Credit Processing Associate Salary 0 - 5 years exp. (85 salaries)	₹1.8 L/yr - ₹4 L/yr 10% more
PNB Housing Finance Credit Processing Associate Salary 0 - 6 years exp. (71 salaries)	₹1.8 L/yr - ₹3.7 L/yr 4% more
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Poonawalla Fincorp Credit Processing Associate Salary 0 - 6 years exp. (49 salaries)	₹2 L/yr - ₹3.8 L/yr 15% more
Tata Capital Housing Finance Credit Processing Associate Salary 0 - 5 years exp. (17 salaries)	₹2.4 L/yr - ₹3.7 L/yr 16% more
HDB Financial Services Credit Processing Associate Salary 0 - 3 years exp. (12 salaries)	₹1.7 L/yr - ₹3.6 L/yr 2% more
Muthoot Fincorp Credit Processing Associate Salary 3 - 7 years exp. (11 salaries)	₹2.4 L/yr - ₹3.5 L/yr 16% more
Kotak Mahindra Prime Credit Processing Associate Salary 0 - 3 years exp. (8 salaries)	₹1.7 L/yr - ₹3 L/yr 8% less
Muthoot Finance Credit Processing Associate Salary 0 - 4 years exp. (8 salaries)	₹1.2 L/yr - ₹3.4 L/yr 16% less
L&T Finance Credit Processing Associate Salary 0 - 5 years exp. (7 salaries)	₹2.1 L/yr - ₹4.9 L/yr 21% more
Shriram Finance Credit Processing Associate Salary 0 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹2.9 L/yr 1% less
IIFL Finance Credit Processing Associate Salary 2 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹3.1 L/yr 5% more
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Bajaj Finance Credit Processing Associate Salary 1 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹2.3 L/yr 30% less
LendingKart Credit Processing Associate Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 11% more
Manappuram Finance Credit Processing Associate Salary 1 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 16% less
Mahindra Rural Housing Finance Credit Processing Associate Salary 1 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr 18% less

Credit Processing Associate salary at Mahindra Finance ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Credit Processing Associate salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

View all

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Top skills at Mahindra Finance for Credit Processing Associate

Finance Communication Skills MIS Reporting Credit Risk Credit Credit Processing

Salary related reviews for Mahindra Finance

3.0

Rated by 1 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

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

Deputy Manager in Chandigarh Sector 34 A

Full Time

Finance & Accounting Department

5.0

• posted on 26 Jan 2022

5.0

for Salary and Benefits

Likes

I m working with this company since 17 years. There is well work life balance. Time to time new technology introduced by Co. And get trained by them. This Co. Is great place to work..

Salary - Excellent

+6 more

Dislikes

Only salary package..

Account Assistant in Tinsukia

Finance & Accounting Department

4.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

...ronment and culture, my teammates are supportive and activeness with management. Good company policies and appraisals are fair, Good salary.

Salary - Good

+6 more

Dislikes

Lots of politics in management, salary are not very much hike and its slow

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra Finance Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at Mahindra Finance ?

The average salary of a Credit Processing Associate at Mahindra Finance in India typically ranges from ₹2.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Processing Associate at Mahindra Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Credit Processing Associate 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 5 Mahindra Finance employees in India.

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

The estimated take-home salary of a Credit Processing Associate at Mahindra Finance in India typically ranges from ₹18,439 to ₹20,125 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 5 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 Processing Associate at Mahindra Finance ?

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

- Finance
- Communication Skills
- MIS Reporting
- Credit Risk
- Credit

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 Processing Associate in India?

L&T Finance	₹2.1 Lakhs to ₹4.9 Lakhs per year
Muthoot Fincorp	₹2.4 Lakhs to ₹3.5 Lakhs per year
Tata Capital Housing Finance	₹2.4 Lakhs to ₹3.7 Lakhs per year
Poonawalla Fincorp	₹2.0 Lakhs to ₹3.8 Lakhs per year
LendingKart	₹2.8 Lakhs to ₹3.0 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 Processing Associate in companies similar to Mahindra Finance in India?

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

SMFG India Credit	₹1.8 Lakhs to ₹4.0 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹3.1 Lakhs per year
PNB Housing Finance	₹1.8 Lakhs to ₹3.7 Lakhs per year
HDB Financial Services	₹1.7 Lakhs to ₹3.6 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹2.9 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 Processing Associate at Mahindra Finance in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Mahindra Finance Credit Processing Associate Salaries

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