Bajaj Capital Mumbai Wealth Manager Salaries by 10 Employees

0 - 10 years exp.

₹4 Lakhs - ₹7.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% less than the average Wealth Manager Salary in Financial Services Companies for 0 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 3 - 10 years exp. (3 salaries)	₹5.6 L/yr - ₹7.2 L/yr
Customer Success, Service & Operations Wealth Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹7.2 L/yr
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Sales & Business Development Wealth Manager Salary 4 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹8.1 L/yr
Marketing & Communication Wealth Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.4 L/yr

Last Updated: 15 Aug 2024

Companies similar to Bajaj Capital for Wealth Manager in Mumbai

Bajaj Capital Wealth Manager Salary

0 - 10 years exp. (10 salaries)

₹4 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Wealth Manager Salary 0 - 9 years exp. (29 salaries)	₹4.2 L/yr - ₹9 L/yr At par
Motilal Oswal Financial Services Wealth Manager Salary 0 - 8 years exp. (17 salaries)	₹3 L/yr - ₹11.7 L/yr 20% more
Login to view exact salary
Citicorp Wealth Manager Salary 2 - 9 years exp. (6 salaries)	₹10 L/yr - ₹14 L/yr 92% more
ICICI Bank Wealth Manager Salary 0 - 14 years exp. (182 salaries)	₹4 L/yr - ₹12.4 L/yr 30% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (33 salaries)	₹3 L/yr - ₹9 L/yr 6% less	2 job openings

Wealth Manager salary at Bajaj Capital ranges between ₹4 Lakhs to ₹7.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 10 latest salaries received from various employees of Bajaj Capital.

Experience wise Bajaj Capital Wealth Manager salaries in Mumbai

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Bajaj Capital

Relationship Manager Salary

(49 salaries)

₹2.4 L/yr - ₹6 L/yr

Branch Manager Salary

(3 salaries)

₹3 L/yr - ₹7 L/yr

Senior Wealth Manager Salary

(3 salaries)

₹5.05 L/yr - ₹8.9 L/yr

Top skills at Bajaj Capital for Wealth Manager

Wealth Management Portfolio Management Mutual Funds Investment Advisory Sales Life Insurance Financial Advisory General Insurance Mutual Funds Sales Cross Selling Finance Insurance Financial Planning HNI Acquisition Wealth Management

Salary related reviews for Bajaj Capital

3.0

Rated by 1 employees for salary & benefits

Wealth Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 12 Dec 2024

3.0

for Salary and Benefits

Likes

Company provides good salary structure

Dislikes

Company falsely advertise jobs and then put you to a telesales job with no help from company’s side you have to create your own leads and clients with weekly ultimatum of firing you.

Skill development - Bad

+4 more

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

4.0

• posted on 25 Feb 2023

4.0

for Salary and Benefits

Likes

Salary structure was nice Flexible timings Management was top notch

Salary - Good

+2 more

Dislikes

Can't survive without having your own clients Higher authority isn't that much skilled They dont know the how actually process works Putting pressure unnecessarily Brokerage structure was very low

Skill development - Poor

+1 more

Relationship Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

I will neven suggest anyone to join this company.. All are frauds.. I left the job 4months before still don't get my salary yet.. They are not even cooperating.. They don't pick the call also don't text back.. No communication.. Ridiculous. I will take legal action now.

Salary - Bad

+6 more

Deputy Manager in Solapur

Customer Success, Service & Operations Department

5.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

...we join Bajaj capital we built our confidence.how to talk with clients n all....n salary is on time

Salary - Good

+6 more

Dislikes

Work life balance should improve that would reduce attrition rate.

Relationship Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

1.0

• posted on 30 Dec 2021

1.0

for Salary and Benefits

Likes

There is no one is not supporting to newly joins ,and there is more politics.all is under manager control,

Dislikes

There is a lot of politics ,,and the management doesn't salary is decent but career growth is slow,there is a lot problems.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Capital Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Bajaj Capital in Mumbai?

The average salary of a Wealth Manager at Bajaj Capital in Mumbai typically ranges from ₹4.0 Lakhs to ₹7.7 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Wealth Manager in Mumbai at Bajaj Capital earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Wealth Manager Salaries at Bajaj Capital 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 Bajaj Capital employees in India.

What is the estimated take home salary of a Wealth Manager at Bajaj Capital in Mumbai?

The estimated take-home salary of a Wealth Manager at Bajaj Capital in Mumbai typically ranges from ₹48,109 to ₹49,248 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from Fresher to 10 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 Bajaj Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Wealth Manager at Bajaj Capital in Mumbai?

To be a Wealth Manager at Bajaj Capital in Mumbai, the key skills required include:

- Wealth Management
- Portfolio Management
- Mutual Funds
- Investment Advisory
- Sales

These skills are highly valued at Bajaj Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Capital for Wealth Manager in India?

Citicorp	₹10.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹12.4 Lakhs per year
Motilal Oswal Financial Services	₹3.0 Lakhs to ₹11.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Capital, depending on the role and experience level.

What is the salary of a Wealth Manager in companies similar to Bajaj Capital in Mumbai?

The salary of a Wealth Manager at companies similar to Bajaj Capital in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Securities	₹4.2 Lakhs to ₹9.0 Lakhs per year
Edelweiss	₹3.0 Lakhs to ₹9.0 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 Wealth Manager at Bajaj Capital in Mumbai?

The salary growth for a Wealth Manager at Bajaj Capital in Mumbai depends on factors such as experience, performance, and promotions. On average, a Wealth Manager in Mumbai can expect the following growth trajectory at Bajaj Capital:

Experience	Average Salary Range
Fresher	₹4.3 Lakhs to ₹5.5 Lakhs per year
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
2 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Bajaj Capital Wealth Manager Salaries in Mumbai

Bajaj Capital Wealth Manager salary in Mumbai ranges between ₹4 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bajaj Capital latest salaries received from various employees of Bajaj Capital.