Bajaj Finance HR Manager Salaries by 30+ Employees (Updated 2025)

2 - 6 years exp.

₹6.1 Lakhs - ₹15.5 Lakhs

Salary of majority employees

Fixed (84%)

₹9.4 Lakhs

Variable (16%)

₹1.8 Lakh

At par with the average HR Manager Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role? 17 job openings

Last Updated: 21 Mar 2025

Companies similar to Bajaj Finance for HR Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services HR Manager Salary 6 - 14 years exp. (89 salaries)	₹4 L/yr - ₹13 L/yr 32% less
L&T Finance HR Manager Salary 6 - 13 years exp. (55 salaries)	₹7.9 L/yr - ₹15 L/yr 4% more
Login to view exact salary
Mahindra Finance HR Manager Salary 2 - 15 years exp. (47 salaries)	₹7 L/yr - ₹20 L/yr 9% more
SMFG India Credit HR Manager Salary 6 - 13 years exp. (32 salaries)	₹6 L/yr - ₹14.1 L/yr 11% less
Asirvad Microfinance HR Manager Salary 4 - 9 years exp. (28 salaries)	₹3.8 L/yr - ₹7.5 L/yr 59% less
Bharat Financial Inclusion HR Manager Salary 5 - 12 years exp. (17 salaries)	₹5.1 L/yr - ₹9.6 L/yr 32% less
SK Finance Limited HR Manager Salary 5 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹9 L/yr 47% less
Home Credit Finance HR Manager Salary 9 - 14 years exp. (12 salaries)	₹6.3 L/yr - ₹17.8 L/yr 1% more
TVS Credit HR Manager Salary 4 - 13 years exp. (12 salaries)	₹8.2 L/yr - ₹15 L/yr 6% less
Satin Creditcare Network HR Manager Salary 6 - 14 years exp. (11 salaries)	₹5.8 L/yr - ₹8 L/yr 41% less
Muthoot Microfin HR Manager Salary 3 - 14 years exp. (11 salaries)	₹3 L/yr - ₹6.2 L/yr 54% less
Login to view exact salary
Shriram Finance HR Manager Salary 3 - 16 years exp. (11 salaries)	₹2.2 L/yr - ₹7.5 L/yr 55% less
IIFL Finance HR Manager Salary 7 - 10 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr 19% less
Muthoot Finance HR Manager Salary 2 - 14 years exp. (14 salaries)	₹2.8 L/yr - ₹9.7 L/yr 49% less
IIFL SAMASTA HR Manager Salary 8 - 12 years exp. (9 salaries)	₹6.7 L/yr - ₹12 L/yr 17% less
Spandana Sphoorty Financial HR Manager Salary 2 - 9 years exp. (7 salaries)	₹4 L/yr - ₹12 L/yr 34% less
Muthoot Fincorp HR Manager Salary 5 - 14 years exp. (6 salaries)	₹4.3 L/yr - ₹8.2 L/yr 44% less
Capital Trust HR Manager Salary 0 - 7 years exp. (6 salaries)	₹5 L/yr - ₹7.1 L/yr 47% less
Fusion Microfinance HR Manager Salary 8 - 14 years exp. (6 salaries)	₹7.5 L/yr - ₹10 L/yr 26% less
Mahindra Rural Housing Finance HR Manager Salary 4 - 12 years exp. (6 salaries)	₹6.3 L/yr - ₹8.7 L/yr 34% less

View all

HR Manager salary at Bajaj Finance ranges between ₹6.1 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 34 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance HR Manager salaries

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹6.7 L/yr - ₹14 L/yr
3 years (9 salaries)	₹6.6 L/yr - ₹13 L/yr
Login to view exact salary
4 years (9 salaries)	₹6.6 L/yr - ₹15.5 L/yr
5 years (6 salaries)	₹6.1 L/yr - ₹12.1 L/yr
6 years (5 salaries)	₹6.3 L/yr - ₹20.9 L/yr

Similar Designation salaries in Bajaj Finance

Administration Manager Salary

(25 salaries)

₹3.5 L/yr - ₹9.5 L/yr

HR Executive Salary

(24 salaries)

₹1.05 L/yr - ₹3.6 L/yr

Administration Executive Salary

(22 salaries)

₹1 L/yr - ₹4 L/yr

HR Recruiter Salary

(18 salaries)

₹1.2 L/yr - ₹5 L/yr

Administration Assistant Salary

(17 salaries)

₹2.3 L/yr - ₹3.2 L/yr

HR Executive Recruiter Salary

(14 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Administration Officer Salary

(14 salaries)

₹2.15 L/yr - ₹3 L/yr

Associate Delivery Manager Salary

(12 salaries)

₹18.9 L/yr - ₹28 L/yr

Manager Learning & Development Salary

(12 salaries)

₹7 L/yr - ₹15 L/yr

Senior Manager-HR Salary

(11 salaries)

₹20 L/yr - ₹42.58 L/yr

Top skills at Bajaj Finance for HR Manager

Recruitment Training Talent Acquisition Hrsd Biochemistry Project Management Employee Engagement HRMS Production Management HR Operations Content Writing Digital Marketing Manufacturing Payroll Performance Management

Salary related reviews for Bajaj Finance

4.9

Rated by 2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

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

Got a question about Bajaj Finance?

Ask anonymously on communities.

Bajaj Finance HR Manager Salary FAQs

What is the salary of HR Manager at Bajaj Finance ?

The average salary of a HR Manager at Bajaj Finance in India typically ranges from ₹6.1 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of HR Manager at Bajaj Finance earn more than ₹13.1 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. HR 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 30+ Bajaj Finance employees in India.

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

The estimated take-home salary of a HR Manager at Bajaj Finance in India typically ranges from ₹79,937 to ₹82,018 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 2 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 30+ salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Manager at Bajaj Finance ?

To be a HR Manager at Bajaj Finance in india, the key skills required include:

- Recruitment
- Training
- Talent Acquisition
- Hrsd
- Biochemistry

These skills are highly valued at Bajaj Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Finance for HR Manager in India?

BA Continuum	₹14.0 Lakhs to ₹25.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹20.0 Lakhs per year
L&T Finance	₹7.9 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance	₹6.3 Lakhs to ₹17.8 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 HR Manager in companies similar to Bajaj Finance in India?

The salary of a HR Manager 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	₹8.2 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹14.1 Lakhs per year
IIFL SAMASTA	₹6.7 Lakhs to ₹12.0 Lakhs per year
IIFL Finance	₹6.0 Lakhs to ₹12.0 Lakhs per year
Satin Finserv	₹7.8 Lakhs to ₹9.5 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 HR Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
2 years	₹6.7 Lakhs to ₹14.0 Lakhs per year
3 years	₹6.6 Lakhs to ₹13.0 Lakhs per year
4 years	₹6.6 Lakhs to ₹15.5 Lakhs per year
5 years	₹6.1 Lakhs to ₹12.1 Lakhs per year

and so on.

Tell us how to improve this page.

Bajaj Finance HR Manager Salaries by Location

Home >
Salaries >
Bajaj Finance Salaries >
Bajaj Finance HR Manager Salaries

Bajaj Finance HR Manager salary in India ranges between ₹6.1 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Bajaj Finance latest salaries received from various employees of Bajaj Finance.