Bajaj Finance Service Manager Salaries by 4 Employees

1 - 3 years exp.

₹1 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Service Manager Salary in NBFC Companies for 1 - 3 years of experience

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Last Updated: 12 Oct 2024

Companies similar to Bajaj Finance for Service Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Manager Salary 3 - 11 years exp. (71 salaries)	₹2.5 L/yr - ₹9.5 L/yr 86% more
ICICI Bank Service Manager Salary 1 - 8 years exp. (52 salaries)	₹3 L/yr - ₹10.1 L/yr 72% more
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Axis Bank Service Manager Salary 1 - 13 years exp. (44 salaries)	₹3.2 L/yr - ₹11.3 L/yr 139% more
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (196 salaries)	₹3.5 L/yr - ₹14.3 L/yr 161% more
State Bank of India Service Manager Salary 1 - 12 years exp. (26 salaries)	₹7.5 L/yr - ₹16 L/yr 258% more
Mahindra Finance Service Manager Salary 1 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 8% more
IIFL Finance Service Manager Salary 3 - 16 years exp. (5 salaries)	₹3 L/yr - ₹9 L/yr 96% more
SMFG India Credit Service Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 5% more

Service Manager salary at Bajaj Finance ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Service Manager salaries

Last Updated: 12 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Bajaj Finance

Area Service Manager Salary

(4 salaries)

₹3.1 L/yr - ₹8 L/yr

Service Advisor Salary

(5 salaries)

₹1.6 L/yr - ₹3 L/yr

Area Manager Salary

(116 salaries)

₹5.15 L/yr - ₹15.5 L/yr

Center Manager Salary

(5 salaries)

₹2.04 L/yr - ₹4 L/yr

Deputy Manager Salary

(293 salaries)

₹3 L/yr - ₹9.78 L/yr

Territory Manager Salary

(4 salaries)

₹5.5 L/yr - ₹7 L/yr

Sales Manager Salary

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₹1.2 L/yr - ₹8.5 L/yr

Workshop Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Service Supervisor Salary

(3 salaries)

₹1 L/yr - ₹2.15 L/yr

Customer Service Manager Salary

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₹3.9 L/yr - ₹13 L/yr

Salary related reviews for Bajaj Finance

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

Sales Manager in Mumbai

Sales Department

3.0

• posted on 03 Dec 2020

5.0

for Salary and Benefits

Likes

I like bajaj for there mission vision and there HR policies.Co has pay u complete salary although industry was highly effected. They support us by video calls for training. Post covid relaxation people are forced to change there department to collections without consent

Salary - Excellent

+3 more

Dislikes

This captive finance company so u r highly dependent on bajaj showroom. This make u paralysed once big whale close his channel so thst is draw back. And being first preference for finance in bajaj two wheeler u have less opportunity to develop skills. All u need is monitoring. And post covid people asked to shift for collection without consent

Skill development - Bad

+1 more

Sales Executive in Amravati

Other Department

5.0

• posted on 18 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. thank you

Salary - Excellent

+6 more

Sales Executive in Ballari

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisal are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth slow. There is bond of 1.6 years before which you cannot resign. On the job training is not given to new joiners.

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Finance Service Manager Salary FAQs

What is the salary of Service Manager at Bajaj Finance ?

The average salary of a Service Manager at Bajaj Finance in India typically ranges from ₹1.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Service Manager at Bajaj Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Service 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 4 Bajaj Finance employees in India.

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

The estimated take-home salary of a Service Manager at Bajaj Finance in India typically ranges from ₹22,804 to ₹24,275 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 4 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 Service Manager in India?

State Bank of India	₹7.5 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank	₹3.5 Lakhs to ₹14.3 Lakhs per year
Axis Bank	₹3.2 Lakhs to ₹11.3 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹9.0 Lakhs per year
HDFC Bank	₹2.5 Lakhs to ₹9.5 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 Service Manager in companies similar to Bajaj Finance in India?

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

ICICI Bank	₹3.0 Lakhs to ₹10.1 Lakhs per year
Mahindra Finance	₹3.1 Lakhs to ₹3.9 Lakhs per year
SMFG India Credit	₹3.0 Lakhs to ₹3.8 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 Service Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Bajaj Finance Service Manager Salaries

Bajaj Finance Service Manager salary in India ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.