Bajaj Finance IT Engineer Salaries by 3 Employees

2 - 5 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

13% less than the average IT Engineer Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

IT & Information Security IT Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Administration & Facilities IT Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 29 Mar 2024

Companies similar to Bajaj Finance for IT Engineer

Company name	Avg Annual Salary	Open Jobs
IIFL Finance IT Engineer Salary 1 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 5% less
Mahindra Finance IT Engineer Salary 1 - 6 years exp. (4 salaries)	₹1.6 L/yr - ₹3.8 L/yr 42% less
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Home Credit Finance IT Engineer Salary 7 - 9 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr At par
SMFG India Credit IT Engineer Salary 1 - 9 years exp. (3 salaries)	₹1.8 L/yr - ₹16.6 L/yr 62% more
TCS IT Engineer Salary 1 - 10 years exp. (200 salaries)	₹1.6 L/yr - ₹10.2 L/yr 38% more

IT Engineer salary at Bajaj Finance ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance IT Engineer salaries

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for Bajaj Finance

IT Manager in Pune

Engineering - Software & QA Department

1.0

• posted on 11 Jul 2020

1.0

for Salary and Benefits

Likes

1. There is job security apart from that as such we do not have much benefits.

Dislikes

...oved ones as well. 3. Almost 33% pay cuts for all employees for the entire year.(Revised salary letter is generated and distributed to all). 4. Company charges for the Laptop from employees. 5. Working on Saturday's as well. Only 2nd Saturday is off in a month. 6. No work life balance at all. You will end up working 12+ hours daily and sometimes you have to work on Sunday's as well.

Salary - Bad

+5 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 IT Engineer Salary FAQs

How the salary growth look like for a IT Engineer at Bajaj Finance in India?

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

Experience	Average Salary Range
2 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Bajaj Finance IT Engineer Salaries

Bajaj Finance IT Engineer salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bajaj Finance latest salaries received from various employees of Bajaj Finance.