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Mahindra Finance Regional Credit Manager salaries in India (Updated 2025)

Annual salary range
9 - 18 years exp.
₹13 Lakhs - ₹31 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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25% more than the average Regional Credit Manager Salary in NBFC Companies for 9 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Regional Credit Manager Salary
9 - 18 years exp. (12 salaries)
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₹18.7 L/yr - ₹31 L/yr

Finance & Accounting
Regional Credit Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹19.7 L/yr

Risk Management & Compliance
Regional Credit Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹25.5 L/yr - ₹31 L/yr

Last Updated: 2 Apr 2025

Companies similar to Mahindra Finance for Regional Credit Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹18.6 L/yr - ₹32 L/yr

arrow icon 6% more
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₹10.7 L/yr - ₹26.8 L/yr

arrow icon 21% less
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₹17.6 L/yr - ₹34 L/yr

arrow icon 2% less
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₹19 L/yr - ₹31.4 L/yr

arrow icon 3% more
Logo
L&T Finance Regional Credit Manager Salary

10 - 20 years exp. (18 salaries)

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₹17.8 L/yr - ₹30.2 L/yr

At par
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Bajaj Finance Regional Credit Manager Salary

5 - 12 years exp. (16 salaries)

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₹17.6 L/yr - ₹30 L/yr

arrow icon 1% less
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₹16 L/yr - ₹23.5 L/yr

arrow icon 18% less
Logo
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₹21 L/yr - ₹40 L/yr

arrow icon 30% more
Logo
IIFL Finance Regional Credit Manager Salary

7 - 18 years exp. (11 salaries)

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₹18 L/yr - ₹28.6 L/yr

arrow icon 8% less
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₹14 L/yr - ₹18.6 L/yr

arrow icon 31% less
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₹6.6 L/yr - ₹13 L/yr

arrow icon 61% less
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₹25 L/yr - ₹38 L/yr

arrow icon 49% more
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₹12.4 L/yr - ₹17.3 L/yr

arrow icon 39% less
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₹16.3 L/yr - ₹19 L/yr

arrow icon 24% less
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₹19.5 L/yr - ₹22.5 L/yr

arrow icon 16% less
1 job opening
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₹4.2 L/yr - ₹7 L/yr

arrow icon 77% less
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₹7 L/yr - ₹14 L/yr

arrow icon 59% less
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₹4.5 L/yr - ₹5.3 L/yr

arrow icon 79% less
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₹6.5 L/yr - ₹12.7 L/yr

arrow icon 62% less
Regional Credit Manager salary at Mahindra Finance ranges between ₹13 Lakhs to ₹31 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 14 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Regional Credit Manager

2d ago
₹31 Lakhs
11 years exp.
1w ago
₹28 Lakhs
16 years exp.
3mo ago
₹31 Lakhs
14 years exp.
5mo ago
₹23 Lakhs
13 years exp.
7mo ago
₹19.6 Lakhs
18 years exp.
9mo ago
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18 years exp.
9mo ago
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10 years exp.
10mo ago
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10 years exp.
10mo ago
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12 years exp.
1y ago
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11 years exp.

Experience wise Mahindra Finance Regional Credit Manager salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹22.4 L/yr - ₹28.7 L/yr
10 years  (3 salaries)

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₹20.8 L/yr - ₹31 L/yr
11 years  (3 salaries)

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₹13 L/yr - ₹31 L/yr
12 years (AmbitionBox Estimate)

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₹22 L/yr - ₹28.1 L/yr
13 years (AmbitionBox Estimate)

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₹21.8 L/yr - ₹27.8 L/yr
View all

Similar Designation salaries in Mahindra Finance

Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr
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₹5.45 L/yr - ₹14 L/yr
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₹2.8 L/yr - ₹6.4 L/yr
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₹3 L/yr - ₹6.25 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
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₹4.8 L/yr - ₹14 L/yr
Credit Manager Salary
(113 salaries)
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₹2.66 L/yr - ₹12.98 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹2.2 L/yr - ₹6 L/yr
Sales Manager Salary
(108 salaries)
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₹2.35 L/yr - ₹8.47 L/yr

Top skills at Mahindra Finance for Regional Credit Manager

Credit Appraisal Credit Management Credit Underwriting Credit Monitoring Credit Assessment

Salary related reviews for Mahindra Finance

3.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more
  • Salary - Poor
  • +6 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

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.

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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.

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

  • Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

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  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

5.0
 for  Salary and Benefits

Likes

Full job security, But Your appraisal judge by company's points of view, not what rating and score given to you by your reporting manager and his boss, Companies HR is for only the name, No any Respect for Appraisal Rating

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  • Salary - Excellent
  • +5 more

Dislikes

Working culture is good, you can get retirement here , but with lowest salary, there is no any waitege for your appraisal ratings

read more
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Mahindra Finance Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Mahindra Finance ?
The average salary of a Regional Credit Manager at Mahindra Finance in India typically ranges from ₹13.0 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Regional Credit Manager at Mahindra Finance earn more than ₹31.0 Lakhs per year, and the top 1% earn over ₹31.0 Lakhs per year. Regional 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 10+ Mahindra Finance employees in India.
What is the estimated take home salary of a Regional Credit Manager at Mahindra Finance in India?
The estimated take-home salary of a Regional Credit Manager at Mahindra Finance in India typically ranges from ₹1,53,252 to ₹1,59,045 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 9 years to 18 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 Regional Credit Manager at Mahindra Finance ?
To be a Regional Credit Manager at Mahindra Finance in india, the key skills required include:

  • - Credit Appraisal
  • - Credit Management
  • - Credit Underwriting
  • - Credit Monitoring
  • - Credit Assessment

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 Regional Credit Manager in India?
HDB Financial Services ₹25.0 Lakhs to ₹38.0 Lakhs per year
SMFG India Credit ₹21.0 Lakhs to ₹40.0 Lakhs per year
Poonawalla Fincorp ₹18.6 Lakhs to ₹32.0 Lakhs per year
Tata Capital Housing Finance ₹19.0 Lakhs to ₹31.4 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 Regional Credit Manager in companies similar to Mahindra Finance in India?
The salary of a Regional Credit Manager at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Finance ₹17.8 Lakhs to ₹30.2 Lakhs per year
Bajaj Finance ₹17.6 Lakhs to ₹30.0 Lakhs per year
PNB Housing Finance ₹17.6 Lakhs to ₹34.0 Lakhs per year
IIFL Finance ₹18.0 Lakhs to ₹28.6 Lakhs per year
Muthoot Finance ₹19.5 Lakhs to ₹22.5 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 Regional Credit Manager at Mahindra Finance in India?
The salary growth for a Regional Credit Manager at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Regional Credit Manager can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
9 years ₹22.4 Lakhs to ₹28.7 Lakhs per year
10 years ₹20.8 Lakhs to ₹31.0 Lakhs per year
11 years ₹13.0 Lakhs to ₹31.0 Lakhs per year
12 years ₹22.0 Lakhs to ₹28.1 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Regional Credit Manager salary in India ranges between ₹13 Lakhs to ₹31 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Mahindra Finance latest salaries received from various employees of Mahindra Finance.