Bajaj Finance Risk Manager Salaries by 20+ Employees (Updated 2025)

0 - 6 years exp.

₹4.1 Lakhs - ₹7.9 Lakhs

Salary of majority employees

43% less than the average Risk Manager Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Risk Management & Compliance Risk Manager Salary 0 - 6 years exp. (14 salaries)	₹4.6 L/yr - ₹14.7 L/yr
Data Science & Analytics Risk Manager Salary 0 - 6 years exp. (5 salaries)	₹6.8 L/yr - ₹9.1 L/yr
Login to view exact salary
BFSI, Investments & Trading Risk Manager Salary 2 - 4 years exp. (3 salaries)	₹6 L/yr - ₹10.1 L/yr
Customer Success, Service & Operations Risk Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹6.9 L/yr

Last Updated: 22 Mar 2025

Companies similar to Bajaj Finance for Risk Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Risk Manager Salary 0 - 8 years exp. (181 salaries)	₹2.4 L/yr - ₹5 L/yr 45% less
SMFG India Credit Risk Manager Salary 3 - 11 years exp. (34 salaries)	₹2.4 L/yr - ₹5.1 L/yr 48% less
Login to view exact salary
Home Credit Finance Risk Manager Salary 1 - 7 years exp. (21 salaries)	₹1.8 L/yr - ₹6.5 L/yr 58% less
IIFL Finance Risk Manager Salary 1 - 7 years exp. (11 salaries)	₹8.1 L/yr - ₹24 L/yr 106% more
CreditAccess Grameen Risk Manager Salary 5 - 9 years exp. (8 salaries)	₹2.9 L/yr - ₹5.5 L/yr 32% less
HDB Financial Services Risk Manager Salary 2 - 17 years exp. (8 salaries)	₹3 L/yr - ₹10 L/yr 15% less
Bharat Financial Inclusion Risk Manager Salary 0 - 6 years exp. (7 salaries)	₹3.8 L/yr - ₹11 L/yr 4% more
Annapurna Finance Risk Manager Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹19 L/yr 65% more
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 207% more
Satin Creditcare Network Risk Manager Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 51% less
Axis Finance Risk Manager Salary 5 - 16 years exp. (4 salaries)	₹6.9 L/yr - ₹8.1 L/yr 4% more
Login to view exact salary
Shriram Finance Risk Manager Salary 2 - 14 years exp. (4 salaries)	₹2.8 L/yr - ₹7.1 L/yr 35% less
Fusion Microfinance Risk Manager Salary 3 - 13 years exp. (3 salaries)	₹7 L/yr - ₹13 L/yr 39% more
Mahindra Rural Housing Finance Risk Manager Salary 7 - 12 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 43% more

Risk Manager salary at Bajaj Finance ranges between ₹4.1 Lakhs to ₹7.9 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 29 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Risk Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.6 L/yr - ₹8.2 L/yr
1 year (3 salaries)	₹2.7 L/yr - ₹10 L/yr
Login to view exact salary
2 years (3 salaries)	₹2.8 L/yr - ₹12.6 L/yr
3 years (6 salaries)	₹6 L/yr - ₹13 L/yr
4 years (9 salaries)	₹4.1 L/yr - ₹13.4 L/yr
5 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
6 years (3 salaries)	₹4.6 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Bajaj Finance

Audit Manager Salary

(3 salaries)

₹5.7 L/yr - ₹20 L/yr

Finance Manager Salary

(41 salaries)

₹1.5 L/yr - ₹8.72 L/yr

Branch Manager Salary

(97 salaries)

₹3 L/yr - ₹8.85 L/yr

Deputy Manager Salary

(294 salaries)

₹3 L/yr - ₹9.77 L/yr

Team Lead Salary

(125 salaries)

₹1.3 L/yr - ₹7 L/yr

Accountant Salary

(18 salaries)

₹1.2 L/yr - ₹6.68 L/yr

Auditor Salary

(3 salaries)

₹2 L/yr - ₹3.2 L/yr

Senior Associate Salary

(4 salaries)

₹2 L/yr - ₹2.8 L/yr

Audit Assistant Salary

(3 salaries)

₹1.5 L/yr - ₹2 L/yr

Internal Auditor Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Salary related reviews for Bajaj Finance

3.4

Rated by 6 employees for salary & benefits

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

Area Collection Manager in Chandigarh

Full Time

Finance & Accounting Department

1.0

• posted on 29 Mar 2025

3.0

for Salary and Benefits

Likes

... bosses. They only use abusive language. Forcefully ask your junior for funding. 70% salary goes in funding.

Job security - Good

Dislikes

Work culture pathetic. No personal life. Uneducated people Work there. Maximum regional manager level employee have fake degree. No Sunday

Skill development - Bad

+4 more

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

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 Risk Manager Salary FAQs

What is the salary of Risk Manager at Bajaj Finance ?

The average salary of a Risk Manager at Bajaj Finance in India typically ranges from ₹4.1 Lakhs to ₹7.9 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Risk Manager at Bajaj Finance earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Risk 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 20+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Risk Manager at Bajaj Finance in India typically ranges from ₹53,849 to ₹55,192 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹7.9 Lakhs per year for employees with experience ranging from Fresher 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 20+ 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 Risk Manager in India?

Mahindra Finance	₹17.1 Lakhs to ₹25.3 Lakhs per year
IIFL Finance	₹8.1 Lakhs to ₹24.0 Lakhs per year
Annapurna Finance	₹5.0 Lakhs to ₹19.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹12.0 Lakhs per year
Fusion Microfinance	₹7.0 Lakhs to ₹13.0 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 Risk Manager in companies similar to Bajaj Finance in India?

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

Bharat Financial Inclusion	₹3.8 Lakhs to ₹11.0 Lakhs per year
Axis Finance	₹6.9 Lakhs to ₹8.1 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹10.0 Lakhs per year
CreditAccess Grameen	₹2.9 Lakhs to ₹5.5 Lakhs per year
Shriram Finance	₹2.8 Lakhs to ₹7.1 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 Risk Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
Fresher	₹4.6 Lakhs to ₹8.2 Lakhs per year
1 year	₹2.7 Lakhs to ₹10.0 Lakhs per year
2 years	₹2.8 Lakhs to ₹12.6 Lakhs per year
3 years	₹6.0 Lakhs to ₹13.0 Lakhs per year

and so on.

Tell us how to improve this page.

Bajaj Finance Risk Manager Salaries by Location

Home >
Salaries >
Bajaj Finance Salaries >
Bajaj Finance Risk Manager Salaries

Bajaj Finance Risk Manager salary in India ranges between ₹4.1 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Bajaj Finance latest salaries received from various employees of Bajaj Finance.