Bajaj Finance Mumbai Area Credit Manager Salaries by 4 Employees (Updated 2024)

2 - 8 years exp.

₹9.5 Lakhs - ₹10.6 Lakhs

Salary of majority employees

18% less than the average Area Credit Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 2 - 3 years exp. (3 salaries)	₹9.5 L/yr - ₹10.6 L/yr
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BFSI, Investments & Trading Area Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹10.8 L/yr

Last Updated: 12 Jul 2024

Companies similar to Bajaj Finance for Area Credit Manager in Mumbai

Bajaj Finance Area Credit Manager Salary

2 - 8 years exp. (4 salaries)

₹9.5 L/yr - ₹10.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 6 - 16 years exp. (27 salaries)	₹7.5 L/yr - ₹26 L/yr 62% more
ICICI Bank Area Credit Manager Salary 1 - 13 years exp. (44 salaries)	₹5.2 L/yr - ₹19 L/yr 20% more
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Axis Bank Area Credit Manager Salary 6 - 13 years exp. (26 salaries)	₹9.6 L/yr - ₹22.8 L/yr 45% more
Kotak Mahindra Bank Area Credit Manager Salary 4 - 10 years exp. (15 salaries)	₹7 L/yr - ₹18 L/yr 35% more
Tata Capital Area Credit Manager Salary 3 - 13 years exp. (21 salaries)	₹10.4 L/yr - ₹30 L/yr 87% more	25 job openings
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (37 salaries)	₹8 L/yr - ₹20 L/yr 25% more
HDB Financial Services Area Credit Manager Salary 8 - 18 years exp. (16 salaries)	₹7 L/yr - ₹17.5 L/yr 11% more	1 job opening
IIFL Finance Area Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹9 L/yr - ₹19.6 L/yr 36% more

Area Credit Manager salary at Bajaj Finance ranges between ₹9.5 Lakhs to ₹10.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Area Credit Manager salaries in Mumbai

Last Updated: 12 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.3 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.6 L/yr
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4 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
5 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹19.1 L/yr

View all

From

Area Credit Manager

₹

Lakhs/yr

2 - 12 years exp.

Zonal Credit Manager

₹

Lakhs/yr

11 - 19 years exp.

Area Credit Manager 2 - 12 years exp.

Regional Credit Manager 5 - 16 years exp.

136% hike

Zonal Credit Manager 11 - 19 years exp.

62% hike

From

1 more level

Area Credit Manager

2 - 12 years exp.

Senior Cluster Manager

7 - 17 years exp.

View 3 more career paths

From

Area Credit Manager

2 - 12 years exp.

Deputy Regional Manager

8 - 15 years exp.

From

Area Credit Manager

2 - 12 years exp.

Deputy Regional Credit Manager

9 - 15 years exp.

From

Area Credit Manager

2 - 12 years exp.

Risk Manager

0 - 7 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Sales Manager Salary

(104 salaries)

₹2.5 L/yr - ₹8 L/yr

Salary related reviews for Bajaj Finance

Area Credit Manager in Tirunelveli

Finance & Accounting Department

2.0

• posted on 09 Mar 2020

5.0

for Salary and Benefits

Likes

Good salary and incentive structure. Also getting promotion every 18 to 24 months based on performance. No recommendation by superior.

Dislikes

There is 24*7 culture. No holiday even Sunday. There is. No work life balance.

Credit Manager in Patiala

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Jul 2023

5.0

for Salary and Benefits

Likes

Salary growth and career growth is a positive thing in a Bajaj finance Ltd . Also company is supportive and helpful. If you have any problem self or family then company stands with you . If you give time in this organisation then you will feel satisfied

Dislikes

Working life balance not well but if you are a alike army men then you have a good platform to groom your career

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bajaj Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Bajaj Finance Mumbai?

Area Credit Manager salary at Bajaj Finance in Mumbai ranges between ₹9.5 Lakhs to ₹10.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 18% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance Mumbai.

How does the salary of a Area Credit Manager at Bajaj Finance Mumbai compare with the average salary range for this job?

The average salary of a Area Credit Manager at Bajaj Finance is 18% less than the average salary of a Area Credit Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Finance to a Area Credit Manager in Mumbai?

Tata Capital Area Credit Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
HDFC Bank Area Credit Manager Salary - ₹7.5 Lakhs to ₹26.0 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹9.6 Lakhs to ₹22.8 Lakhs per year
IIFL Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹19.6 Lakhs per year
Kotak Mahindra Bank Area Credit Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Bajaj Finance in Mumbai?

L&T Finance Area Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Bajaj Finance in Mumbai?

The estimated take-home salary of a Area Credit Manager at Bajaj Finance ranges between ₹75,036 per month to ₹76,978 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finance Area Credit Manager salary in India which ranges between ₹9.5 Lakhs to ₹10.6 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Bajaj Finance in Mumbai?

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

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Bajaj Finance Area Credit Manager Salaries in Mumbai

Bajaj Finance Area Credit Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.