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Mahindra Finance Regional Credit Manager salaries in Mumbai

Annual salary range
10 - 18 years exp.
₹13 Lakhs - ₹24 Lakhs
Salary of majority employees
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7% 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. (5 salaries)
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₹19.6 L/yr - ₹24 L/yr

Finance & Accounting
Regional Credit Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹17.7 L/yr

Last Updated: 11 Oct 2024

Companies similar to Mahindra Finance for Regional Credit Manager in Mumbai

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Mahindra Finance Regional Credit Manager Salary

10 - 18 years exp. (6 salaries)

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₹13 L/yr - ₹24 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Regional Credit Manager Salary

9 - 20 years exp. (8 salaries)

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₹28.5 L/yr - ₹45 L/yr

arrow icon 51% more
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₹20 L/yr - ₹30 L/yr

arrow icon 25% more
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₹21 L/yr - ₹22.5 L/yr

arrow icon 6% more
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₹10.7 L/yr - ₹20.4 L/yr

arrow icon 14% less
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₹23.1 L/yr - ₹31.4 L/yr

arrow icon 30% more
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₹22.9 L/yr - ₹30.9 L/yr

arrow icon 25% more
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₹23 L/yr - ₹25.5 L/yr

arrow icon 21% more
1 job opening
Regional Credit Manager salary at Mahindra Finance ranges between ₹13 Lakhs to ₹24 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Regional Credit Manager in Mumbai

2mo ago
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13 years exp.
4mo ago
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18 years exp.
7mo ago
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12 years exp.
8mo ago
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11 years exp.
1y ago
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11 years exp.
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10 years exp.

Experience wise Mahindra Finance Regional Credit Manager salaries in Mumbai

Last Updated: 11 Oct 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹24 L/yr
11 years (AmbitionBox Estimate)

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₹13 L/yr - ₹23 L/yr
12 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)

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₹18.7 L/yr - ₹23.9 L/yr
View all

Similar Designation salaries in Mahindra Finance

Credit Manager Salary
(8 salaries)
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₹4.7 L/yr - ₹11.92 L/yr
Sales Manager Salary
(5 salaries)
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₹4.45 L/yr - ₹8 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

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

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.

read more

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.

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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.

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.

read 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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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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Full Time

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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..

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Dislikes

Only salary package..

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Mahindra Finance Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Mahindra Finance Mumbai?
Regional Credit Manager salary at Mahindra Finance in Mumbai ranges between ₹13.0 Lakhs to ₹24.0 Lakhs for experience between 10 years to 18 years. According to our estimates it is 7% more than the average Regional Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Mahindra Finance Mumbai.
How does the salary of a Regional Credit Manager at Mahindra Finance Mumbai compare with the average salary range for this job?
The average salary of a Regional Credit Manager at Mahindra Finance is 7% more than the average salary of a Regional Credit Manager in Mumbai. 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 Mumbai.
Which similar companies are paying more than Mahindra Finance to a Regional Credit Manager in Mumbai?
  • HDFC Bank Regional Credit Manager Salary - ₹28.5 Lakhs to ₹45.0 Lakhs per year
  • Tata Capital Housing Finance Regional Credit Manager Salary - ₹23.1 Lakhs to ₹31.4 Lakhs per year
  • PNB Housing Finance Regional Credit Manager Salary - ₹22.9 Lakhs to ₹30.9 Lakhs per year
  • Cholamandalam Investment & Finance Regional Credit Manager Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
  • Poonawalla Fincorp Regional Credit Manager Salary - ₹23.0 Lakhs to ₹25.5 Lakhs per year
What is the salary of a Regional Credit Manager in companies similar to Mahindra Finance in Mumbai?
  • Muthoot Finance Regional Credit Manager Salary - ₹21.0 Lakhs to ₹22.5 Lakhs per year
  • Sammaan Capital Limited Regional Credit Manager Salary - ₹10.7 Lakhs to ₹20.4 Lakhs per year
What is the estimated take home salary of a Regional Credit Manager at Mahindra Finance in Mumbai?
The estimated take-home salary of a Regional Credit Manager at Mahindra Finance ranges between ₹1,36,015 per month to ₹1,41,028 per month in Mumbai. The take-home salary calculation is based on the average Mahindra Finance Regional Credit Manager salary in India which ranges between ₹13.0 Lakhs to ₹24.0 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 in Mumbai?
According to AmbitionBox, 100% of the Mahindra Finance Regional Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Regional Credit Manager salary in Mumbai ranges between ₹13 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Mahindra Finance latest salaries received from various employees of Mahindra Finance.