Bajaj Finance Regional Credit Manager Salaries by 10+ Employees

5 - 12 years exp.

₹17.6 Lakhs - ₹30 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% more than the average Regional Credit Manager Salary in NBFC Companies for 5 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Regional Credit Manager Salary 5 - 12 years exp. (8 salaries)	₹17.6 L/yr - ₹25.9 L/yr
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Risk Management & Compliance Regional Credit Manager Salary 10 years exp. (AmbitionBox Estimate)	₹23.7 L/yr - ₹25 L/yr

Last Updated: 25 Aug 2024

Companies similar to Bajaj Finance for Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
IIFL SAMASTA Regional Credit Manager Salary 4 - 13 years exp. (19 salaries)	₹5.6 L/yr - ₹8 L/yr 72% less
L&T Finance Regional Credit Manager Salary 10 - 20 years exp. (18 salaries)	₹17.8 L/yr - ₹30.2 L/yr 1% more
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SMFG India Credit Regional Credit Manager Salary 2 - 18 years exp. (14 salaries)	₹21 L/yr - ₹40 L/yr 32% more
Mahindra Finance Regional Credit Manager Salary 9 - 18 years exp. (14 salaries)	₹13 L/yr - ₹31 L/yr 1% more
Axis Finance Regional Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹22 L/yr - ₹41 L/yr 27% more
IIFL Finance Regional Credit Manager Salary 7 - 18 years exp. (11 salaries)	₹18 L/yr - ₹28.6 L/yr 7% less
CreditAccess Grameen Regional Credit Manager Salary 12 - 19 years exp. (4 salaries)	₹14 L/yr - ₹18.6 L/yr 30% less
Manappuram Finance Regional Credit Manager Salary 15 - 17 years exp. (6 salaries)	₹6.6 L/yr - ₹13 L/yr 61% less
HDB Financial Services Regional Credit Manager Salary 19 - 22 years exp. (6 salaries)	₹25 L/yr - ₹38 L/yr 50% more
Satin Finserv Regional Credit Manager Salary 8 - 11 years exp. (6 salaries)	₹7.2 L/yr - ₹9.7 L/yr 64% less
Kotak Mahindra Prime Regional Credit Manager Salary 9 - 15 years exp. (5 salaries)	₹12.4 L/yr - ₹17.3 L/yr 39% less
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Mahindra Rural Housing Finance Regional Credit Manager Salary 15 - 19 years exp. (5 salaries)	₹16.3 L/yr - ₹19 L/yr 24% less
Muthoot Finance Regional Credit Manager Salary 8 - 19 years exp. (5 salaries)	₹19.5 L/yr - ₹22.5 L/yr 16% less	1 job opening
Muthoot Microfin Regional Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 76% less
Annapurna Finance Regional Credit Manager Salary 5 - 23 years exp. (4 salaries)	₹8 L/yr - ₹25 L/yr 24% less
Satin Creditcare Network Regional Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5.3 L/yr 79% less
Bharat Financial Inclusion Regional Credit Manager Salary 3 - 15 years exp. (3 salaries)	₹6.5 L/yr - ₹12.7 L/yr 61% less

Regional Credit Manager salary at Bajaj Finance ranges between ₹17.6 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Finance.

Latest annual salaries shared by Bajaj Finance Regional Credit Manager

7mo ago

₹25 Lakhs

11 years exp.

7mo ago

₹25.9 Lakhs

11 years exp.

10mo ago

₹25.9 Lakhs

10 years exp.

11mo ago

₹17.6 Lakhs

11 years exp.

1y ago

₹22.9 Lakhs

5 years exp.

1y ago

10 years exp.

1y ago

5 years exp.

1y ago

12 years exp.

1y ago

10 years exp.

1y ago

9 years exp.

Experience wise Bajaj Finance Regional Credit Manager salaries

Last Updated: 25 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
6 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
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7 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.4 L/yr
8 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.4 L/yr
9 years (3 salaries)	₹17.8 L/yr - ₹30 L/yr
10 years (5 salaries)	₹19 L/yr - ₹30 L/yr
11 years (3 salaries)	₹17.6 L/yr - ₹25.9 L/yr
12 years (AmbitionBox Estimate)	₹21.3 L/yr - ₹27.2 L/yr

View all

From

Regional Credit Manager

5 - 12 years exp.

Zonal Credit Manager

11 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Zonal Credit Manager Salary

(13 salaries)

₹28 L/yr - ₹45 L/yr

Area Credit Manager Salary

(88 salaries)

₹4.4 L/yr - ₹14 L/yr

Branch Credit Manager Salary

(121 salaries)

₹3.1 L/yr - ₹8.5 L/yr

Assistant Credit Manager Salary

(118 salaries)

₹2.2 L/yr - ₹6 L/yr

Deputy Credit Manager Salary

(10 salaries)

₹3.76 L/yr - ₹7 L/yr

Cluster Credit Manager Salary

(19 salaries)

₹12.3 L/yr - ₹23 L/yr

Credit Manager Salary

(392 salaries)

₹2 L/yr - ₹9 L/yr

Senior Credit Officer Salary

(3 salaries)

₹5.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(103 salaries)

₹1.8 L/yr - ₹6.26 L/yr

Sales Manager Salary

(819 salaries)

₹1.1 L/yr - ₹8.5 L/yr

Salary related reviews for Bajaj Finance

2.5

Rated by 5 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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Finance Regional Credit Manager Salary FAQs

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

The average salary of a Regional Credit Manager at Bajaj Finance in India typically ranges from ₹17.6 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Regional Credit Manager at Bajaj Finance earn more than ₹29.6 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Regional 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 Regional Credit Manager at Bajaj Finance in India?

The estimated take-home salary of a Regional Credit Manager at Bajaj Finance in India typically ranges from ₹1,51,977 to ₹1,57,712 per month. This is based on the average salary range of ₹17.6 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 Regional Credit Manager in India?

HDB Financial Services	₹25.0 Lakhs to ₹38.0 Lakhs per year
SMFG India Credit	₹21.0 Lakhs to ₹40.0 Lakhs per year
Axis Finance	₹22.0 Lakhs to ₹41.0 Lakhs per year
Mahindra Finance	₹13.0 Lakhs to ₹31.0 Lakhs per year
L&T Finance	₹17.8 Lakhs to ₹30.2 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 Regional Credit Manager in companies similar to Bajaj Finance in India?

The salary of a Regional 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:

IIFL Finance	₹18.0 Lakhs to ₹28.6 Lakhs per year
Muthoot Finance	₹19.5 Lakhs to ₹22.5 Lakhs per year
Mahindra Rural Housing Finance	₹16.3 Lakhs to ₹19.0 Lakhs per year
Annapurna Finance	₹8.0 Lakhs to ₹25.0 Lakhs per year
CreditAccess Grameen	₹14.0 Lakhs to ₹18.6 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 Regional Credit Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
5 years	₹21.5 Lakhs to ₹27.5 Lakhs per year
6 years	₹21.5 Lakhs to ₹27.5 Lakhs per year
7 years	₹21.5 Lakhs to ₹27.4 Lakhs per year
8 years	₹21.4 Lakhs to ₹27.4 Lakhs per year

and so on.

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Bajaj Finance Regional Credit Manager Salaries

Bajaj Finance Regional Credit Manager salary in India ranges between ₹17.6 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Bajaj Finance latest salaries received from various employees of Bajaj Finance.