Bajaj Finance Senior Manager Credit Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹5.6 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Senior Manager Credit Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Senior Manager Credit Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹13.5 L/yr
BFSI, Investments & Trading Senior Manager Credit Salary 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Customer Success, Service & Operations Senior Manager Credit Salary 6 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
Finance & Accounting Senior Manager Credit Salary 6 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 16 Mar 2025

Companies similar to Bajaj Finance for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
SMFG India Credit Senior Manager Credit Salary 6 - 16 years exp. (106 salaries)	₹5 L/yr - ₹19.5 L/yr 7% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 29% more
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Axis Finance Senior Manager Credit Salary 5 - 16 years exp. (13 salaries)	₹13.4 L/yr - ₹25 L/yr 67% more
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 53% more
Kotak Mahindra Prime Senior Manager Credit Salary 5 - 8 years exp. (9 salaries)	₹7.5 L/yr - ₹14.5 L/yr 4% more
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 41% less
IIFL SAMASTA Senior Manager Credit Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 45% less
IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 17% less
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 22% less
Annapurna Finance Senior Manager Credit Salary 1 - 4 years exp. (4 salaries)	₹7.1 L/yr - ₹8.1 L/yr 33% less
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 28% less
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HDB Financial Services Senior Manager Credit Salary 13 - 19 years exp. (4 salaries)	₹8.5 L/yr - ₹10 L/yr 15% less
Mahindra Rural Housing Finance Senior Manager Credit Salary 5 - 14 years exp. (3 salaries)	₹9 L/yr - ₹27.5 L/yr 57% more
Mahindra Finance Senior Manager Credit Salary 4 - 8 years exp. (3 salaries)	₹12 L/yr - ₹16.8 L/yr 38% more
Spandana Sphoorty Financial Senior Manager Credit Salary 16 - 17 years exp. (3 salaries)	₹8.8 L/yr - ₹11.2 L/yr 10% less
SK Finance Limited Senior Manager Credit Salary 3 - 16 years exp. (3 salaries)	₹5 L/yr - ₹7.5 L/yr 43% less
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹10 L/yr 15% less

Senior Manager Credit salary at Bajaj Finance ranges between ₹5.6 Lakhs to ₹13.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Senior Manager Credit salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹24.3 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.5 L/yr
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5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
6 years (3 salaries)	₹5.6 L/yr - ₹8 L/yr

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Salary related reviews for Bajaj Finance

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

Assistant Credit Manager in Dhanbad

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2021

3.0

for Salary and Benefits

Likes

As there is no sundays, even no holidays on festivals, plus no time table for work. Work start from 10-11 morning to late night 12 pm till. Only benefit in terms of money and growth which is also poor after covid .they are doing various cost cutting. Plus Work culture us very poor. Learning opportunity and challenge lover can join Bfl other than that overall negative.

Skill development - Good

+1 more

Dislikes

...responsibility. You can only join if you are on your own no body other than you.Even you have to paid for company laptop from your salary and many other deduction which you think I got a big package but when I see my ac I got nothing in terms of expectation.

Job security - Bad

+3 more

Area Credit Manager in Tirunelveli

Finance & Accounting Department

2.0

• posted on 09 Mar 2020

5.0

for Salary and Benefits

Likes

Good salary and incentive structure. Also getting promotion every 18 to 24 months based on performance. No recommendation by superior.

Salary - Excellent

Dislikes

There is 24*7 culture. No holiday even Sunday. There is. No work life balance.

Job security - Bad

+3 more

Relationship Manager in Ahmedabad

Loan Department

4.0

• posted on 20 Nov 2019

4.0

for Salary and Benefits

Likes

I know that bajaj finace is biggest company of finance..team work is very important and very helpful.every morning training season and give more idea for achive our target..

Salary - Good

+3 more

Dislikes

Salary is not setisfaction for our work

Job security - Bad

+1 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

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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

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Bajaj Finance Senior Manager Credit Salary FAQs

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

The average salary of a Senior Manager Credit at Bajaj Finance in India typically ranges from ₹5.6 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Manager Credit at Bajaj Finance earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Senior Manager Credit 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 5 Bajaj Finance employees in India.

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

The estimated take-home salary of a Senior Manager Credit at Bajaj Finance in India typically ranges from ₹77,872 to ₹79,895 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 3 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 5 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 Senior Manager Credit in India?

Axis Finance	₹13.4 Lakhs to ₹25.0 Lakhs per year
Mahindra Rural Housing Finance	₹9.0 Lakhs to ₹27.5 Lakhs per year
TVS Credit	₹9.8 Lakhs to ₹20.4 Lakhs per year
Mahindra Finance	₹12.0 Lakhs to ₹16.8 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹24.3 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 Senior Manager Credit in companies similar to Bajaj Finance in India?

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

SMFG India Credit	₹5.0 Lakhs to ₹19.5 Lakhs per year
Kotak Mahindra Prime	₹7.5 Lakhs to ₹14.5 Lakhs per year
Spandana Sphoorty Financial	₹8.8 Lakhs to ₹11.2 Lakhs per year
Shriram Finance	₹6.5 Lakhs to ₹10.0 Lakhs per year
HDB Financial Services	₹8.5 Lakhs to ₹10.0 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 Senior Manager Credit at Bajaj Finance in India?

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

Experience	Average Salary Range
3 years	₹12.5 Lakhs to ₹24.3 Lakhs per year
4 years	₹5.1 Lakhs to ₹13.5 Lakhs per year
5 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
6 years	₹5.6 Lakhs to ₹8.0 Lakhs per year

and so on.

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Bajaj Finance Senior Manager Credit Salaries

Bajaj Finance Senior Manager Credit salary in India ranges between ₹5.6 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finance latest salaries received from various employees of Bajaj Finance.