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Bajaj Finance

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Bajaj Finance Assistant Manager 1 salaries in India (Updated 2025)

Annual salary range
3 - 8 years exp.
₹3.5 Lakhs - ₹4.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% less than the average Assistant Manager 1 Salary in NBFC Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager 1 Salary
8 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Finance & Accounting
Assistant Manager 1 Salary
6 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Marketing & Communication
Assistant Manager 1 Salary
3 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.1 L/yr

Sales & Business Development
Assistant Manager 1 Salary
6 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 27 Jan 2025

Companies similar to Bajaj Finance for Assistant Manager 1

Company name Avg Annual Salary Open Jobs
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Muthoot Finance Assistant Manager 1 Salary

1 - 6 years exp. (32 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 12% less
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IIFL Finance Assistant Manager 1 Salary

3 - 11 years exp. (5 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 13% less
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₹2 L/yr - ₹2.3 L/yr

arrow icon 46% less
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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 14% less
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BA Continuum Assistant Manager 1 Salary

6 - 15 years exp. (4 salaries)

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₹10 L/yr - ₹16.9 L/yr

arrow icon 202% more
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₹3 L/yr - ₹4.2 L/yr

arrow icon 11% less
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₹2.1 L/yr - ₹3 L/yr

arrow icon 35% less
Assistant Manager 1 salary at Bajaj Finance ranges between ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Latest annual salaries shared by Bajaj Finance Assistant Manager 1

3d ago
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6 years exp.
1mo ago
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6 years exp.
1y ago
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8 years exp.
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3 years exp.

Experience wise Bajaj Finance Assistant Manager 1 salaries

Last Updated: 27 Jan 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Bajaj Finance

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₹4 L/yr - ₹5.5 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
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₹2.85 L/yr - ₹5.6 L/yr
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₹2.4 L/yr - ₹10 L/yr
Team Manager Salary
(9 salaries)
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₹2 L/yr - ₹8.63 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr
Branch Manager Salary
(99 salaries)
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₹2.85 L/yr - ₹8.85 L/yr
Deputy Manager Salary
(294 salaries)
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₹3 L/yr - ₹9.77 L/yr
Sales Manager Salary
(820 salaries)
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₹1.2 L/yr - ₹8.5 L/yr
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₹1.8 L/yr - ₹6.26 L/yr

Salary related reviews for Bajaj Finance

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.

read more
  • Salary - Excellent
  • +1 more

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

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 05 Aug 2021

5.0
 for  Salary and Benefits

Likes

One joins bajaj for good pay and incentives ofcourse.....If you want to earn money you join Bajaj finance limited..... that's it ......

read more
  • Salary - Excellent

Dislikes

Policies and rules are different.....People are treated as per their Band not as per policy......One with the power or sitting at higher level can do anything they like or can manipulates policies......They don't treat you equally like I mentioned People are treated as per their Band not as per policy

read more
  • Skill development - Poor
  • +2 more

Other Department

1.0
  •  posted on 20 Oct 2022

3.0
 for  Salary and Benefits

Likes

Their competitive pay is the only good thing about working here

Dislikes

NO work life balance. You are expected to be available to work 20 hours a day and all 7 days of the week, no exceptions. HR will tell you that two Saturdays (and all Sundays) of a month are off. But once you join, your boss will call you to work on all Saturdays and some Sundays. If you dont like it, you can quit. If you make a small mistake or can't complete your work in the unreasonable target deadline, you will be shouted at and verbally abused, loudly, in front of multiple colleagues. And, dont even think about asking for vacation days. By policy you get 36 leaves per year. Practically, you may get 2 or 3. Also, no work from home, at all, for anyone, in any circumstances. Need i say more ?

read more
  • Skill development - Poor
  • +4 more

Sales Department

3.0
  •  posted on 03 Dec 2020

5.0
 for  Salary and Benefits

Likes

I like bajaj for there mission vision and there HR policies.Co has pay u complete salary although industry was highly effected. They support us by video calls for training. Post covid relaxation people are forced to change there department to collections without consent

read more
  • Salary - Excellent
  • +3 more

Dislikes

This captive finance company so u r highly dependent on bajaj showroom. This make u paralysed once big whale close his channel so thst is draw back. And being first preference for finance in bajaj two wheeler u have less opportunity to develop skills. All u need is monitoring. And post covid people asked to shift for collection without consent

read more
  • Skill development - Bad
  • +1 more

Loan Department

4.0
  •  posted on 20 Nov 2019

4.0
 for  Salary and Benefits

Likes

I know that bajaj finace is biggest company of finance..team work is very important and very helpful.every morning training season and give more idea for achive our target..

read more
  • Salary - Good
  • +3 more

Dislikes

Salary is not setisfaction for our work

  • Job security - Bad
  • +1 more
see more salary related reviews

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Bajaj Finance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Bajaj Finance ?
The average salary of a Assistant Manager 1 at Bajaj Finance in India typically ranges from ₹3.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Assistant Manager 1 at Bajaj Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Assistant Manager 1 Salaries at Bajaj 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 4 Bajaj Finance employees in India.
What is the estimated take home salary of a Assistant Manager 1 at Bajaj Finance in India?
The estimated take-home salary of a Assistant Manager 1 at Bajaj Finance in India typically ranges from ₹29,303 to ₹30,678 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 3 years to 8 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 4 salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bajaj Finance for Assistant Manager 1 in India?
BA Continuum ₹10.0 Lakhs to ₹16.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Finance, depending on the role and experience level.
What is the salary of a Assistant Manager 1 in companies similar to Bajaj Finance in India?
The salary of a Assistant Manager 1 at companies similar to Bajaj Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Prime ₹3.0 Lakhs to ₹4.2 Lakhs per year
Muthoot Finance ₹2.4 Lakhs to ₹4.5 Lakhs per year
IIFL Finance ₹3.2 Lakhs to ₹3.8 Lakhs per year
Manappuram Finance ₹2.3 Lakhs to ₹4.2 Lakhs per year
Satin Creditcare Network ₹2.1 Lakhs to ₹3.0 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 Assistant Manager 1 at Bajaj Finance in India?
The salary growth for a Assistant Manager 1 at Bajaj Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Bajaj Finance:

Experience Average Salary Range
3 years ₹1.4 Lakhs to ₹3.7 Lakhs per year
4 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
6 years ₹3.5 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Bajaj Finance Assistant Manager 1 salary in India ranges between ₹3.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.