Bajaj Finance General Manager Salaries by 4 Employees

3 - 20 years exp.

₹20 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

25% less than the average General Manager Salary in NBFC Companies for 3 - 20 years of experience

Interested in this particular role?

Last Updated: 17 Dec 2023

Companies similar to Bajaj Finance for General Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank General Manager Salary 0 - 14 years exp. (9 salaries)	₹22.9 L/yr - ₹41.8 L/yr 15% less
ICICI Bank General Manager Salary 0 - 15 years exp. (12 salaries)	₹9 L/yr - ₹22.5 L/yr 43% less
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Axis Bank General Manager Salary 1 - 8 years exp. (5 salaries)	₹9 L/yr - ₹20 L/yr 47% less
Kotak Mahindra Bank General Manager Salary 1 year exp. (3 salaries)	₹20.2 L/yr - ₹24 L/yr 23% less
State Bank of India General Manager Salary 20 - 31 years exp. (32 salaries)	₹24.6 L/yr - ₹75 L/yr 52% more
Mahindra Finance General Manager Salary 15 - 18 years exp. (7 salaries)	₹35.5 L/yr - ₹74 L/yr 102% more	1 job opening
Bharat Financial Inclusion General Manager Salary 5 - 20 years exp. (11 salaries)	₹14.5 L/yr - ₹23.5 L/yr 31% less
Manappuram Finance General Manager Salary 18 - 22 years exp. (10 salaries)	₹14 L/yr - ₹30 L/yr 22% less
IIFL SAMASTA General Manager Salary 4 - 20 years exp. (5 salaries)	₹16 L/yr - ₹38 L/yr 7% less
Satin Creditcare Network General Manager Salary 5 - 15 years exp. (5 salaries)	₹15 L/yr - ₹29.2 L/yr 26% less
IIFL Finance General Manager Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹10 L/yr 75% less
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Mahindra Rural Housing Finance General Manager Salary 15 - 17 years exp. (4 salaries)	₹31 L/yr - ₹50 L/yr 44% more
Spandana Sphoorty Financial General Manager Salary 17 - 18 years exp. (3 salaries)	₹15 L/yr - ₹23.3 L/yr 25% less
Shriram Finance General Manager Salary 18 - 31 years exp. (3 salaries)	₹12 L/yr - ₹22 L/yr 34% less
CreditAccess Grameen General Manager Salary 11 - 14 years exp. (3 salaries)	₹18 L/yr - ₹30 L/yr 11% less
SMFG India Credit General Manager Salary 20 - 23 years exp. (3 salaries)	₹50 L/yr - ₹72 L/yr 127% more

General Manager salary at Bajaj Finance ranges between ₹20 Lakhs to ₹40 Lakhs per year for employees with experience between 3 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance General Manager salaries

Last Updated: 17 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹20 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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5 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
6 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.4 L/yr
7 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
8 years (AmbitionBox Estimate)	₹21 L/yr - ₹41.1 L/yr
9 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr
10 years (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.1 L/yr
11 years (AmbitionBox Estimate)	₹23 L/yr - ₹47.7 L/yr
12 years (AmbitionBox Estimate)	₹25 L/yr - ₹31.9 L/yr
13 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
14 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹34.7 L/yr
15+ years (AmbitionBox Estimate)	₹13.8 L/yr - ₹40 L/yr

View all

Similar Designation salaries in Bajaj Finance

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(229 salaries)

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Store Manager Salary

(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 L/yr

Sales Manager Salary

(821 salaries)

₹1.2 L/yr - ₹8.5 L/yr

Deputy General Manager Salary

(14 salaries)

₹30 L/yr - ₹65 L/yr

Cluster Manager Salary

(312 salaries)

₹8.84 L/yr - ₹29.5 L/yr

Operations Manager Salary

(122 salaries)

₹2.4 L/yr - ₹10 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹35.6 L/yr - ₹45.4 L/yr

Front Office Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

General Manager Operations Salary

(AmbitionBox Estimate)

₹43.2 L/yr - ₹55.2 L/yr

Owner Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Salary related reviews for Bajaj Finance

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

Sales Manager in Mumbai

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

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

Skill development - Bad

+1 more

Area Manager in Pileru

Finance & Accounting Department

5.0

• posted on 13 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing is there

Cluster Manager in Surat

Administration & Facilities Department

5.0

• posted on 16 Feb 2020

4.0

for Salary and Benefits

Likes

It's fun to work with great experience in the field of finance. The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality financial products and has a across country clientele.

Salary - Good

+6 more

Dislikes

Compensation is decent, but work pressure is very high. At times it has happened that managers do not value an individual's unique strengths, which is why I have to take back my suggestions.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

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 General Manager Salary FAQs

What is the salary of General Manager at Bajaj Finance ?

The average salary of a General Manager at Bajaj Finance in India typically ranges from ₹20.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 3 years to 20 years).

The top 10% of General Manager at Bajaj Finance earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. General 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 General Manager at Bajaj Finance in India?

The estimated take-home salary of a General Manager at Bajaj Finance in India typically ranges from ₹1,71,625 to ₹1,78,248 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 3 years to 20 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 General Manager in India?

SMFG India Credit	₹50.0 Lakhs to ₹72.0 Lakhs per year
Mahindra Finance	₹35.5 Lakhs to ₹74.0 Lakhs per year
State Bank of India	₹24.6 Lakhs to ₹75.0 Lakhs per year
Mahindra Rural Housing Finance	₹31.0 Lakhs to ₹50.0 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 General Manager in companies similar to Bajaj Finance in India?

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

IIFL SAMASTA	₹16.0 Lakhs to ₹38.0 Lakhs per year
CreditAccess Grameen	₹18.0 Lakhs to ₹30.0 Lakhs per year
HDFC Bank	₹22.9 Lakhs to ₹41.8 Lakhs per year
Manappuram Finance	₹14.0 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindra Bank	₹20.2 Lakhs to ₹24.0 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 General Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
3 years	₹20.0 Lakhs to ₹20.0 Lakhs per year
4 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
5 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
6 years	₹18.4 Lakhs to ₹23.4 Lakhs per year

and so on.

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Bajaj Finance General Manager Salaries

Bajaj Finance General Manager salary in India ranges between ₹20 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.

Bajaj Finance General Manager salaries in India

Companies similar to Bajaj Finance for General Manager

Latest annual salaries shared by Bajaj Finance General Manager

Experience wise Bajaj Finance General Manager salaries

Similar Designation salaries in Bajaj Finance

Salary related reviews for Bajaj Finance

Sales Manager in Amritsar

Sales Manager in Pune

Sales Manager in Mumbai

Area Manager in Pileru

Cluster Manager in Surat

Bajaj Finance General Manager Salary FAQs

Tell us how to improve this page.