Mahindra Finance Regional Credit Manager Salaries by 10 Employees (Updated 2025)

10 - 18 years exp.

₹19.6 Lakhs - ₹31 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹20 Lakhs

Variable (15%)

₹3.6 Lakhs

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22% more than the average Regional Credit Manager Salary in NBFC Companies for 10 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Credit Manager Salary 10 - 18 years exp. (9 salaries)	Unlock ₹19.6 L/yr - ₹31 L/yr
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Risk Management & Compliance Regional Credit Manager Salary 14 years exp. (AmbitionBox Estimate)	Unlock ₹26.1 L/yr - ₹31 L/yr

Last Updated: 20 Feb 2025

Companies similar to Mahindra Finance for Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Regional Credit Manager Salary 5 - 12 years exp. (17 salaries)	Unlock ₹17.6 L/yr - ₹36 L/yr 7% more
HDFC Bank Regional Credit Manager Salary 9 - 24 years exp. (33 salaries)	Unlock ₹21 L/yr - ₹45 L/yr 35% more
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L&T Finance Regional Credit Manager Salary 10 - 20 years exp. (18 salaries)	Unlock ₹17.8 L/yr - ₹30.2 L/yr 5% more
Cholamandalam Investment & Finance Regional Credit Manager Salary 10 - 20 years exp. (68 salaries)	Unlock ₹10 L/yr - ₹32 L/yr 11% less
Muthoot Finance Regional Credit Manager Salary 8 - 19 years exp. (5 salaries)	Unlock ₹19.5 L/yr - ₹22.5 L/yr 15% less
Aditya Birla Capital Regional Credit Manager Salary 7 - 14 years exp. (16 salaries)	Unlock ₹17 L/yr - ₹30 L/yr 4% more
Reliance Capital Regional Credit Manager Salary 17 - 20 years exp. (3 salaries)	Unlock ₹16.3 L/yr - ₹38 L/yr 2% more
Edelweiss Regional Credit Manager Salary 11 - 17 years exp. (11 salaries)	Unlock ₹17 L/yr - ₹24 L/yr 19% less
Sammaan Capital Limited Regional Credit Manager Salary 7 - 14 years exp. (41 salaries)	Unlock ₹10.7 L/yr - ₹26.8 L/yr 22% less
Poonawalla Fincorp Regional Credit Manager Salary 10 - 21 years exp. (47 salaries)	Unlock ₹18.6 L/yr - ₹32 L/yr 10% more
PNB Housing Finance Regional Credit Manager Salary 9 - 18 years exp. (23 salaries)	Unlock ₹17.6 L/yr - ₹34 L/yr At par
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Tata Capital Housing Finance Regional Credit Manager Salary 10 - 18 years exp. (18 salaries)	Unlock ₹19 L/yr - ₹31.4 L/yr 10% more
Capri Global Capital Regional Credit Manager Salary 7 - 18 years exp. (14 salaries)	Unlock ₹16 L/yr - ₹23.5 L/yr 16% less
SMFG India Credit Regional Credit Manager Salary 2 - 18 years exp. (14 salaries)	Unlock ₹21 L/yr - ₹40 L/yr 33% more
IIFL Finance Regional Credit Manager Salary 7 - 17 years exp. (10 salaries)	Unlock ₹18 L/yr - ₹28.6 L/yr 8% less
Manappuram Finance Regional Credit Manager Salary 15 - 17 years exp. (6 salaries)	Unlock ₹6.6 L/yr - ₹13 L/yr 60% less
CreditAccess Grameen Regional Credit Manager Salary 12 - 19 years exp. (6 salaries)	Unlock ₹12 L/yr - ₹18.6 L/yr 37% less
HDB Financial Services Regional Credit Manager Salary 19 - 22 years exp. (6 salaries)	Unlock ₹25 L/yr - ₹38 L/yr 52% more
Kotak Mahindra Prime Regional Credit Manager Salary 9 - 15 years exp. (5 salaries)	Unlock ₹12.4 L/yr - ₹17.3 L/yr 38% less
Mahindra Rural Housing Finance Regional Credit Manager Salary 15 - 18 years exp. (4 salaries)	Unlock ₹16.3 L/yr - ₹19 L/yr 24% less

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Regional Credit Manager salary at Mahindra Finance ranges between ₹19.6 Lakhs to ₹31 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 10 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Regional Credit Manager

1w ago

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11 years exp.

2mo ago

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14 years exp.

4mo ago

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13 years exp.

6mo ago

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18 years exp.

8mo ago

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18 years exp.

9mo ago

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10 years exp.

9mo ago

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12 years exp.

1y ago

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15 years exp.

1y ago

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11 years exp.

1y ago

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10 years exp.

Experience wise Mahindra Finance Regional Credit Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	Unlock ₹24 L/yr - ₹31 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹23 L/yr - ₹31 L/yr
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12 years (AmbitionBox Estimate)	Unlock ₹23 L/yr - ₹45 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹23 L/yr - ₹44.3 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹9.7 L/yr - ₹31 L/yr
15+ years (3 salaries)	Unlock ₹19.6 L/yr - ₹25 L/yr

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Similar Designation salaries in Mahindra Finance

Zonal Credit Manager Salary

(AmbitionBox Estimate)

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₹24.3 L/yr - ₹31.1 L/yr

Area Credit Manager Salary

(7 salaries)

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₹5.45 L/yr - ₹14 L/yr

Branch Credit Manager Salary

(10 salaries)

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₹4 L/yr - ₹7.14 L/yr

Assistant Credit Manager Salary

(14 salaries)

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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

Cluster Credit Manager Salary

(6 salaries)

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₹4.8 L/yr - ₹14 L/yr

Credit Manager Salary

(90 salaries)

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₹2.3 L/yr - ₹12.1 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Relationship Manager Salary

(93 salaries)

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₹2.2 L/yr - ₹6 L/yr

Sales Manager Salary

(107 salaries)

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₹2.35 L/yr - ₹8.2 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

Credit Manager in Chennai

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.,

Salary - Poor

+6 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

Credit Manager in Mumbai

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.

Salary - Bad

+4 more

Credit Manager in Sinnar

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

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

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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 Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Mahindra Finance?

Regional Credit Manager salary at Mahindra Finance in India ranges between ₹19.6 Lakhs to ₹31.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 22% more than the average Regional Credit Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Mahindra Finance India.

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

The average salary of a Regional Credit Manager at Mahindra Finance is 22% more than the average salary of a Regional Credit Manager in India. To know exact salary insights, login to view.

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

Credit Appraisal, Credit Management, Credit Underwriting, Credit Monitoring and Credit Assessment are some of the popular skills required to work as a Regional Credit Manager at Mahindra Finance India.

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

HDB Financial Services Regional Credit Manager Salary - ₹25.0 Lakhs to ₹38.0 Lakhs per year
HDFC Bank Regional Credit Manager Salary - ₹21.0 Lakhs to ₹45.0 Lakhs per year
SMFG India Credit Regional Credit Manager Salary - ₹21.0 Lakhs to ₹40.0 Lakhs per year
Tata Capital Housing Finance Regional Credit Manager Salary - ₹19.0 Lakhs to ₹31.4 Lakhs per year
Poonawalla Fincorp Regional Credit Manager Salary - ₹18.6 Lakhs to ₹32.0 Lakhs per year

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

Bajaj Finance Regional Credit Manager Salary - ₹17.6 Lakhs to ₹36.0 Lakhs per year
L&T Finance Regional Credit Manager Salary - ₹17.8 Lakhs to ₹30.2 Lakhs per year
Aditya Birla Capital Regional Credit Manager Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Reliance Capital Regional Credit Manager Salary - ₹16.3 Lakhs to ₹38.0 Lakhs per year
PNB Housing Finance Regional Credit Manager Salary - ₹17.6 Lakhs to ₹34.0 Lakhs per year

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 ranges between ₹1,50,742 per month to ₹1,56,421 per month in India. The take-home salary calculation is based on the average Mahindra Finance Regional Credit Manager salary in India which ranges between ₹19.6 Lakhs to ₹31.0 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Regional Credit Manager at Mahindra Finance?

According to AmbitionBox, 100% of the Mahindra Finance Regional Credit Managers reported a notice period of 3 Months.This is based on 18 responses on AmbitionBox in last 2 years.

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Mahindra Finance Regional Credit Manager Salaries

Mahindra Finance Regional Credit Manager salary in India ranges between ₹19.6 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Mahindra Finance latest salaries received from various employees of Mahindra Finance.