Bajaj Finance Associate Manager Salaries by 4 Employees

3 - 6 years exp.

₹4 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

66% less than the average Associate Manager Salary in NBFC Companies for 3 - 6 years of experience

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Last Updated: 9 Jun 2024

Companies similar to Bajaj Finance for Associate Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Manager Salary 0 - 11 years exp. (29 salaries)	₹2.5 L/yr - ₹6 L/yr 20% less
ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 23% less
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Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 26% less
Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (76 salaries)	₹1.4 L/yr - ₹5 L/yr 39% less
State Bank of India Associate Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 102% more
Tata Capital Associate Manager Salary 1 - 9 years exp. (5 salaries)	₹4.5 L/yr - ₹7.8 L/yr 4% more
Mahindra Finance Associate Manager Salary 4 - 9 years exp. (5 salaries)	₹3.7 L/yr - ₹6.1 L/yr 7% less
L&T Finance Associate Manager Salary 1 - 9 years exp. (6 salaries)	₹3.2 L/yr - ₹8 L/yr 11% more
Annapurna Finance Associate Manager Salary 1 - 10 years exp. (87 salaries)	₹4.1 L/yr - ₹8.4 L/yr 33% more
IIFL Finance Associate Manager Salary 1 - 13 years exp. (14 salaries)	₹3.2 L/yr - ₹5 L/yr 27% less
Muthoot Finance Associate Manager Salary 1 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr 34% less
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Manappuram Finance Associate Manager Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 33% less
Kotak Mahindra Prime Associate Manager Salary 3 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr 34% less
Home Credit Finance Associate Manager Salary 4 - 19 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 93% more
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 7% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 8% more
HDB Financial Services Associate Manager Salary 4 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹4 L/yr 26% less
Satin Creditcare Network Associate Manager Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 19% less
BA Continuum Associate Manager Salary 7 - 15 years exp. (3 salaries)	₹13 L/yr - ₹28 L/yr 290% more

Associate Manager salary at Bajaj Finance ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Associate Manager salaries

Last Updated: 9 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr

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Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Team Lead in Viman Nagar, Pune

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 ?

Skill development - Poor

+4 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

Area Collection Manager in Navi Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

They hire fresher but that too because experienced don't want to work there

Dislikes

Lot of things, from work culture to gundagiri of seniors. They ask to seat in the office without reason and forced to pay by employees pocket for target achievement

Salary - Poor

+6 more

Senior Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...hey even do cost cutting from tissues, toilet papers, tea, coffee and cutleries. Forcefully you have to buy refurbished laptop from them and monthly EMIs will cut directly from your salary, for your personal work you have to buy another laptop. Employees do not have enough space to sit. Every morning employees are fighting for chair and desk.

Salary - Poor

+5 more

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Finance Associate Manager Salary FAQs

What is the salary of Associate Manager at Bajaj Finance ?

The average salary of a Associate Manager at Bajaj Finance in India typically ranges from ₹4.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Associate Manager at Bajaj Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Associate Manager 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 Associate Manager at Bajaj Finance in India?

The estimated take-home salary of a Associate Manager at Bajaj Finance in India typically ranges from ₹39,238 to ₹40,415 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 Associate Manager in India?

BA Continuum	₹13.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India	₹7.0 Lakhs to ₹14.0 Lakhs per year
Home Credit Finance	₹7.0 Lakhs to ₹13.0 Lakhs per year
Annapurna Finance	₹4.1 Lakhs to ₹8.4 Lakhs per year
L&T Finance	₹3.2 Lakhs to ₹8.0 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 Associate Manager in companies similar to Bajaj Finance in India?

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

Shriram Finance	₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit	₹4.5 Lakhs to ₹7.0 Lakhs per year
Tata Capital	₹4.5 Lakhs to ₹7.8 Lakhs per year
Mahindra Finance	₹3.7 Lakhs to ₹6.1 Lakhs per year
Satin Creditcare Network	₹2.6 Lakhs to ₹7.5 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 Associate Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
5 years	₹4.0 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.0 Lakhs to ₹9.1 Lakhs per year

and so on.

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Bajaj Finance Associate Manager Salaries

Bajaj Finance Associate Manager salary in India ranges between ₹4 Lakhs to ₹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.