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

1 - 11 years exp.

₹4.6 Lakhs - ₹13.2 Lakhs

Salary of majority employees

36% less than the average IT Manager Salary in NBFC Companies for 1 - 11 years of experience

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Salaries in different departments

Data Science & Analytics IT Manager Salary 3 - 6 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr
Engineering - Hardware & Networks IT Manager Salary 1 - 9 years exp. (3 salaries)	₹4.6 L/yr - ₹10 L/yr
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Engineering - Software & QA IT Manager Salary 2 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹13.4 L/yr
IT & Information Security IT Manager Salary 5 - 7 years exp. (3 salaries)	₹7.9 L/yr - ₹9.5 L/yr
Project & Program Management IT Manager Salary 5 - 11 years exp. (3 salaries)	₹4.6 L/yr - ₹12.4 L/yr

Last Updated: 16 Aug 2024

Companies similar to Bajaj Finance for IT Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 1 - 11 years exp. (109 salaries)	₹6.7 L/yr - ₹20 L/yr 35% more
ICICI Bank IT Manager Salary 6 - 14 years exp. (25 salaries)	₹8.3 L/yr - ₹21.9 L/yr 43% more
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Axis Bank IT Manager Salary 1 - 12 years exp. (70 salaries)	₹10 L/yr - ₹18 L/yr 62% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 31% more
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 124% more
Tata Capital IT Manager Salary 0 - 11 years exp. (19 salaries)	₹6.4 L/yr - ₹18.5 L/yr 38% more
Mahindra Finance IT Manager Salary 8 - 17 years exp. (33 salaries)	₹5 L/yr - ₹17.8 L/yr 21% more
L&T Finance IT Manager Salary 5 - 8 years exp. (7 salaries)	₹8.6 L/yr - ₹14.2 L/yr 27% more
Bharat Financial Inclusion IT Manager Salary 5 - 15 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr 3% more
HDB Financial Services IT Manager Salary 1 - 22 years exp. (6 salaries)	₹6 L/yr - ₹16 L/yr 22% more
Satin Creditcare Network IT Manager Salary 5 - 11 years exp. (4 salaries)	₹5.1 L/yr - ₹8.5 L/yr 24% less
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Manappuram Finance IT Manager Salary 2 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹8 L/yr 40% less
Muthoot Microfin IT Manager Salary 4 - 8 years exp. (4 salaries)	₹6.5 L/yr - ₹16 L/yr 19% more
Annapurna Finance IT Manager Salary 5 - 10 years exp. (4 salaries)	₹3.6 L/yr - ₹9.1 L/yr 35% less
SMFG India Credit IT Manager Salary 7 - 15 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 13% more
IIFL SAMASTA IT Manager Salary 10 - 17 years exp. (3 salaries)	₹7.2 L/yr - ₹14 L/yr 33% more
IIFL Finance IT Manager Salary 9 - 15 years exp. (3 salaries)	₹12.4 L/yr - ₹17 L/yr 68% more
Asirvad Microfinance IT Manager Salary 5 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 28% less
Mahindra Rural Housing Finance IT Manager Salary 12 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹18.4 L/yr 28% more
TVS Credit IT Manager Salary 10 - 13 years exp. (3 salaries)	₹10.5 L/yr - ₹32 L/yr 163% more

View all

IT Manager salary at Bajaj Finance ranges between ₹4.6 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 18 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance IT Manager salaries

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹8.9 L/yr
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3 years (3 salaries)	₹5.5 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹7.3 L/yr
5 years (3 salaries)	₹7.3 L/yr - ₹12.4 L/yr
6 years (3 salaries)	₹7.9 L/yr - ₹13.4 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.3 L/yr
8 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.4 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹20.3 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹22.8 L/yr

View all

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IT Executive Salary

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₹12 L/yr - ₹30 L/yr

Senior Engineer Salary

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₹15.5 L/yr - ₹19.8 L/yr

Devops Engineer Salary

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Senior Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Top skills at Bajaj Finance for IT Manager

IT Infrastructure Kubernetes Ansible SCCM Solution Design Azure Active Directory ITIL IT Service Delivery IT Asset Management Postgresql

Salary related reviews for Bajaj Finance

3.5

Rated by 3 employees for salary & benefits

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

Team Lead in Viman Nagar, Pune

Other Department

1.0

• posted on 20 Oct 2022

3.0

for Salary and Benefits

Likes

Their competitive pay is the only good thing about working here

Dislikes

NO work life balance. You are expected to be available to work 20 hours a day and all 7 days of the week, no exceptions. HR will tell you that two Saturdays (and all Sundays) of a month are off. But once you join, your boss will call you to work on all Saturdays and some Sundays. If you dont like it, you can quit. If you make a small mistake or can't complete your work in the unreasonable target deadline, you will be shouted at and verbally abused, loudly, in front of multiple colleagues. And, dont even think about asking for vacation days. By policy you get 36 leaves per year. Practically, you may get 2 or 3. Also, no work from home, at all, for anyone, in any circumstances. Need i say more ?

Skill development - Poor

+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

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Bajaj Finance IT Manager Salary FAQs

What is the salary of IT Manager at Bajaj Finance?

IT Manager salary at Bajaj Finance in India ranges between ₹4.6 Lakhs to ₹13.2 Lakhs for experience between 1 years to 11 years. According to our estimates it is 36% less than the average IT Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Bajaj Finance India.

How does the salary of a IT Manager at Bajaj Finance India compare with the average salary range for this job?

The average salary of a IT Manager at Bajaj Finance is 36% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a IT Manager at Bajaj Finance?

IT Infrastructure, Kubernetes, Ansible, SCCM and Solution Design are some of the popular skills required to work as a IT Manager at Bajaj Finance India.

Which similar companies are paying more than Bajaj Finance to a IT Manager in India?

TVS Credit IT Manager Salary - ₹10.5 Lakhs to ₹32.0 Lakhs per year
State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
CreditAccess Grameen IT Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
IIFL Finance IT Manager Salary - ₹12.4 Lakhs to ₹17.0 Lakhs per year
Axis Bank IT Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a IT Manager in companies similar to Bajaj Finance in India?

ICICI Bank IT Manager Salary - ₹8.3 Lakhs to ₹21.9 Lakhs per year
Tata Capital IT Manager Salary - ₹6.4 Lakhs to ₹18.5 Lakhs per year
HDFC Bank IT Manager Salary - ₹6.7 Lakhs to ₹20.0 Lakhs per year
IIFL SAMASTA IT Manager Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank IT Manager Salary - ₹6.4 Lakhs to ₹18.5 Lakhs per year

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

The estimated take-home salary of a IT Manager at Bajaj Finance ranges between ₹64,221 per month to ₹65,857 per month in India. The take-home salary calculation is based on the average Bajaj Finance IT Manager salary in India which ranges between ₹4.6 Lakhs to ₹13.2 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Bajaj Finance?

According to AmbitionBox, 50% of the Bajaj Finance IT Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Finance IT Manager Salaries

Bajaj Finance IT Manager salary in India ranges between ₹4.6 Lakhs to ₹13.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Bajaj Finance latest salaries received from various employees of Bajaj Finance.