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

4 - 11 years exp.

₹5.6 Lakhs - ₹21 Lakhs

Salary of majority employees

Fixed (76%)

₹10.3 Lakhs

Variable (24%)

₹3.2 Lakhs

37% less than the average Senior Manager Salary in NBFC Companies for 4 - 11 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

Engineering - Software & QA Senior Manager Salary 9 - 10 years exp. (3 salaries)	₹9.3 L/yr - ₹14.7 L/yr
Finance & Accounting Senior Manager Salary 6 - 9 years exp. (3 salaries)	₹6.9 L/yr - ₹14.8 L/yr
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BFSI, Investments & Trading Senior Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹16.9 L/yr
Customer Success, Service & Operations Senior Manager Salary 4 - 11 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹17 L/yr
IT & Information Security Senior Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹17.1 L/yr

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Last Updated: 22 Mar 2025

Companies similar to Bajaj Finance for Senior Manager in Mumbai

Bajaj Finance Senior Manager Salary

4 - 11 years exp. (18 salaries)

₹5.6 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager Salary 2 - 13 years exp. (230 salaries)	₹8 L/yr - ₹26 L/yr 34% more
SMFG India Credit Senior Manager Salary 6 - 16 years exp. (151 salaries)	₹9 L/yr - ₹31 L/yr 57% more
Login to view exact salary
Mahindra Finance Senior Manager Salary 4 - 13 years exp. (54 salaries)	₹7 L/yr - ₹29.6 L/yr 24% more
Axis Finance Senior Manager Salary 3 - 12 years exp. (47 salaries)	₹11.8 L/yr - ₹27 L/yr 27% more
IIFL Finance Senior Manager Salary 2 - 13 years exp. (33 salaries)	₹6 L/yr - ₹19.2 L/yr 19% less
BA Continuum Senior Manager Salary 9 - 18 years exp. (27 salaries)	₹18.5 L/yr - ₹41.3 L/yr 124% more
Kotak Mahindra Prime Senior Manager Salary 3 - 14 years exp. (22 salaries)	₹9.3 L/yr - ₹14.8 L/yr At par
Mahindra Rural Housing Finance Senior Manager Salary 4 - 15 years exp. (18 salaries)	₹8.5 L/yr - ₹21 L/yr 13% more
HDB Financial Services Senior Manager Salary 0 - 15 years exp. (13 salaries)	₹4.2 L/yr - ₹17.9 L/yr 25% less
Shriram Finance Senior Manager Salary 4 - 14 years exp. (5 salaries)	₹4.9 L/yr - ₹16 L/yr 24% less	2 job openings
Manappuram Finance Senior Manager Salary 8 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 49% less
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TVS Credit Senior Manager Salary 4 - 6 years exp. (3 salaries)	₹12.7 L/yr - ₹17 L/yr 21% more	1 job opening

Senior Manager salary at Bajaj Finance ranges between ₹5.6 Lakhs to ₹21 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 18 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Senior Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹4 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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6 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
7 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
8 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
9 years (4 salaries)	₹8.2 L/yr - ₹21 L/yr
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
11 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr

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Similar Designation salaries in Bajaj Finance

Sales Manager Salary

(107 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(18 salaries)

₹3.15 L/yr - ₹7 L/yr

Regional Manager Salary

(8 salaries)

₹13.6 L/yr - ₹33.83 L/yr

Senior Sales Manager Salary

(5 salaries)

₹6.4 L/yr - ₹9.45 L/yr

Area Manager Salary

(5 salaries)

₹8 L/yr - ₹11.05 L/yr

Top skills at Bajaj Finance for Senior Manager

Recruitment Finance Accounting Microfinance Talent Acquisition

Salary related reviews for Bajaj Finance

4.5

Rated by 2 employees for salary & benefits

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

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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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

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Bajaj Finance Senior Manager Salary FAQs

What is the salary of Senior Manager at Bajaj Finance in Mumbai?

The average salary of a Senior Manager at Bajaj Finance in Mumbai typically ranges from ₹5.6 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Senior Manager in Mumbai at Bajaj Finance earn more than ₹25.2 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Senior 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 Senior Manager at Bajaj Finance in Mumbai?

The estimated take-home salary of a Senior Manager at Bajaj Finance in Mumbai typically ranges from ₹94,893 to ₹97,450 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 4 years to 11 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.

What are the key skills required to be a Senior Manager at Bajaj Finance in Mumbai?

To be a Senior Manager at Bajaj Finance in Mumbai, the key skills required include:

- Recruitment
- Finance
- Accounting
- Microfinance
- Talent Acquisition

These skills are highly valued at Bajaj Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Finance for Senior Manager in India?

BA Continuum	₹18.5 Lakhs to ₹41.3 Lakhs per year
SMFG India Credit	₹9.0 Lakhs to ₹31.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹26.0 Lakhs per year
Axis Finance	₹11.8 Lakhs to ₹27.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹29.6 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 in companies similar to Bajaj Finance in Mumbai?

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

TVS Credit	₹12.7 Lakhs to ₹17.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.5 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Prime	₹9.3 Lakhs to ₹14.8 Lakhs per year
IIFL Finance	₹6.0 Lakhs to ₹19.2 Lakhs per year
Shriram Finance	₹4.9 Lakhs to ₹16.0 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 at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹17.0 Lakhs per year
5 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
6 years	₹10.4 Lakhs to ₹13.3 Lakhs per year
7 years	₹11.3 Lakhs to ₹14.4 Lakhs per year

and so on.

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Bajaj Finance Senior Manager Salaries in Mumbai

Bajaj Finance Senior Manager salary in Mumbai ranges between ₹5.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Bajaj Finance latest salaries received from various employees of Bajaj Finance.