Bajaj Finance Business Head Salaries by 10+ Employees (Updated 2025)

12 - 23 years exp.

₹55 Lakhs - ₹1.1 Crore

Salary of majority employees

Fixed (74%)

₹62.5 Lakhs

Variable (26%)

₹22.3 Lakhs

161% more than the average Business Head Salary in NBFC Companies for 12 - 23 years of experience

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Salaries in different departments

Strategic & Top Management Business Head Salary 13 - 22 years exp. (7 salaries)	₹75 L/yr - ₹1.1 Cr/yr
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Sales & Business Development Business Head Salary 22 - 23 years exp. (AmbitionBox Estimate)	₹76 L/yr - ₹88.7 L/yr

Last Updated: 3 Feb 2025

Companies similar to Bajaj Finance for Business Head

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Business Head Salary 4 - 17 years exp. (6 salaries)	₹6.1 L/yr - ₹22 L/yr 85% less
L&T Finance Business Head Salary 20 - 26 years exp. (5 salaries)	₹98 L/yr - ₹1.2 Cr/yr 20% more
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Manappuram Finance Business Head Salary 9 - 15 years exp. (4 salaries)	₹7.5 L/yr - ₹8.6 L/yr 91% less
Mahindra Rural Housing Finance Business Head Salary 10 - 20 years exp. (4 salaries)	₹21.4 L/yr - ₹94 L/yr 29% less
TVS Credit Business Head Salary 21 - 25 years exp. (3 salaries)	₹75 L/yr - ₹78.5 L/yr 10% less

Business Head salary at Bajaj Finance ranges between ₹55 Lakhs to ₹1.1 Crore per year for employees with experience between 12 years to 23 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Business Head salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹60 L/yr - ₹1.4 Cr/yr
13 years (AmbitionBox Estimate)	₹55 L/yr - ₹1.4 Cr/yr
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14 years (AmbitionBox Estimate)	₹31.9 L/yr - ₹96 L/yr
15+ years (9 salaries)	₹76 L/yr - ₹1.1 Cr/yr

Similar Designation salaries in Bajaj Finance

Sales Head Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Regional Business Head Salary

(4 salaries)

₹15.85 L/yr - ₹26 L/yr

Director Salary

(AmbitionBox Estimate)

₹64.1 L/yr - ₹70.9 L/yr

Branch Manager Salary

(97 salaries)

₹3 L/yr - ₹8.85 L/yr

Chief Business Officer Salary

(3 salaries)

₹100 L/yr - ₹102 L/yr

General Manager Salary

(4 salaries)

₹20 L/yr - ₹40 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Managing Director Salary

(AmbitionBox Estimate)

₹142.5 L/yr - ₹157.5 L/yr

Operations Manager Salary

(125 salaries)

₹2.4 L/yr - ₹10 L/yr

Salary related reviews for Bajaj Finance

3.9

Rated by 4 employees for salary & benefits

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 21 Feb 2025

3.0

for Salary and Benefits

Likes

Job security is good so you won’t face any issues with job. Salary and other reimbursements are credited on time.

Job security - Good

Dislikes

Culture and leadership is shit. Development and learning is stagnant. Policies are bogus, they get changed any time.

Skill development - Bad

+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

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Bajaj Finance Business Head Salary FAQs

What is the salary of Business Head at Bajaj Finance ?

The average salary of a Business Head at Bajaj Finance in India typically ranges from ₹55.0 Lakhs to ₹110.0 Lakhs per year, depending on experience (from 12 years to 23 years).

The top 10% of Business Head at Bajaj Finance earn more than ₹103.6 Lakhs per year, and the top 1% earn over ₹110.0 Lakhs per year. Business Head 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 10+ Bajaj Finance employees in India.

What is the estimated take home salary of a Business Head at Bajaj Finance in India?

The estimated take-home salary of a Business Head at Bajaj Finance in India typically ranges from ₹4,65,053 to ₹4,78,115 per month. This is based on the average salary range of ₹55.0 Lakhs to ₹110.0 Lakhs per year for employees with experience ranging from 12 years to 23 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 Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finance for Business Head in India?

L&T Finance

₹98.0 Lakhs to ₹115.0 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 Business Head in companies similar to Bajaj Finance in India?

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

TVS Credit	₹75.0 Lakhs to ₹78.5 Lakhs per year
Mahindra Rural Housing Finance	₹21.4 Lakhs to ₹94.0 Lakhs per year
Shriram Finance	₹6.1 Lakhs to ₹22.0 Lakhs per year
Manappuram Finance	₹7.5 Lakhs to ₹8.6 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 Business Head at Bajaj Finance in India?

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

Experience	Average Salary Range
12 years	₹60.0 Lakhs to ₹139.2 Lakhs per year
13 years	₹55.0 Lakhs to ₹141.4 Lakhs per year
14 years	₹31.9 Lakhs to ₹96.0 Lakhs per year
15 years	₹76.0 Lakhs to ₹110.0 Lakhs per year

and so on.

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Bajaj Finance Business Head Salaries

Bajaj Finance Business Head salary in India ranges between ₹55 Lakhs to ₹1.1 Crore with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Finance latest salaries received from various employees of Bajaj Finance.