Bajaj Finance Cluster Credit Manager Salaries by 10+ Employees (Updated 2025)

4 - 18 years exp.

₹12.3 Lakhs - ₹23 Lakhs

Salary of majority employees

Fixed (80%)

₹13.7 Lakhs

Variable (20%)

₹3.5 Lakhs

71% more than the average Cluster Credit Manager Salary in NBFC Companies for 4 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 18 years exp. (13 salaries)	₹12.8 L/yr - ₹22 L/yr
Customer Success, Service & Operations Cluster Credit Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹17.4 L/yr
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Finance & Accounting Cluster Credit Manager Salary 6 - 11 years exp. (AmbitionBox Estimate)	₹16.8 L/yr - ₹23 L/yr

Last Updated: 16 Mar 2025

Companies similar to Bajaj Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (53 salaries)	₹4.6 L/yr - ₹18.5 L/yr 40% less
IIFL SAMASTA Cluster Credit Manager Salary 6 - 11 years exp. (49 salaries)	₹5.5 L/yr - ₹13.3 L/yr 49% less
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HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 10% more
Annapurna Finance Cluster Credit Manager Salary 6 - 17 years exp. (31 salaries)	₹4 L/yr - ₹16 L/yr 46% less
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 63% less
SK Finance Limited Cluster Credit Manager Salary 9 - 16 years exp. (7 salaries)	₹8.4 L/yr - ₹11.5 L/yr 43% less
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 49% less
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 32% less
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 60% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 61% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 71% less
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Asirvad Microfinance Cluster Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹10 L/yr - ₹14.5 L/yr 30% less

Cluster Credit Manager salary at Bajaj Finance ranges between ₹12.3 Lakhs to ₹23 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 19 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Cluster Credit Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹30.2 L/yr
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6 years (3 salaries)	₹15 L/yr - ₹23 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹20.3 L/yr
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹30.6 L/yr
10 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.6 L/yr
11 years (3 salaries)	₹12.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹30.9 L/yr
13 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
14 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18.5 L/yr
15+ years (5 salaries)	₹7 L/yr - ₹19.8 L/yr

View all

Similar Designation salaries in Bajaj Finance

Area Credit Manager Salary

(87 salaries)

₹4.4 L/yr - ₹14 L/yr

Deputy Credit Manager Salary

(9 salaries)

₹3.76 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(121 salaries)

₹3.2 L/yr - ₹8.5 L/yr

Zonal Credit Manager Salary

(13 salaries)

₹28 L/yr - ₹45 L/yr

Assistant Credit Manager Salary

(117 salaries)

₹2.2 L/yr - ₹6 L/yr

Regional Credit Manager Salary

(16 salaries)

₹17.6 L/yr - ₹30 L/yr

Credit Manager Salary

(211 salaries)

₹2.4 L/yr - ₹9 L/yr

Senior Credit Officer Salary

(3 salaries)

₹5.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(97 salaries)

₹1.8 L/yr - ₹6.26 L/yr

Chief Manager Salary

(3 salaries)

₹8.5 L/yr - ₹30 L/yr

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

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

Salary - Excellent

+4 more

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.

Skill development - Bad

+4 more

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.

Skill development - Excellent

+3 more

Dislikes

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

Salary - Poor

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.

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

Work satisfaction - Bad

+2 more

Sales Manager in Pune

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 ......

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

Skill development - Poor

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Bajaj Finance ?

The average salary of a Cluster Credit Manager at Bajaj Finance in India typically ranges from ₹12.3 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Cluster Credit Manager at Bajaj Finance earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Cluster Credit 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 10+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Cluster Credit Manager at Bajaj Finance in India typically ranges from ₹1,16,482 to ₹1,19,736 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 4 years to 18 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 Cluster Credit Manager in India?

HDB Financial Services

₹11.9 Lakhs to ₹24.0 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 Cluster Credit Manager in companies similar to Bajaj Finance in India?

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

Asirvad Microfinance	₹10.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Prime	₹7.0 Lakhs to ₹16.0 Lakhs per year
SMFG India Credit	₹4.6 Lakhs to ₹18.5 Lakhs per year
SK Finance Limited	₹8.4 Lakhs to ₹11.5 Lakhs per year
Annapurna Finance	₹4.0 Lakhs to ₹16.0 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 Cluster Credit Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
4 years	₹6.7 Lakhs to ₹17.0 Lakhs per year
5 years	₹13.8 Lakhs to ₹30.2 Lakhs per year
6 years	₹15.0 Lakhs to ₹23.0 Lakhs per year
7 years	₹6.8 Lakhs to ₹22.0 Lakhs per year

and so on.

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Bajaj Finance Cluster Credit Manager Salaries

Bajaj Finance Cluster Credit Manager salary in India ranges between ₹12.3 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Bajaj Finance latest salaries received from various employees of Bajaj Finance.