Bajaj Finance Mumbai Team Lead Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Salary of majority employees

60% less than the average Team Lead Salary in NBFC Companies for 2 - 6 years of experience

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Last Updated: 22 Mar 2025

Companies similar to Bajaj Finance for Team Lead in Mumbai

Bajaj Finance Team Lead Salary

2 - 6 years exp. (7 salaries)

₹2.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Team Lead Salary 2 - 11 years exp. (67 salaries)	₹1.8 L/yr - ₹6 L/yr 2% more
BA Continuum Team Lead Salary 5 - 14 years exp. (54 salaries)	₹5.5 L/yr - ₹14.6 L/yr 202% more
Login to view exact salary
Home Credit Finance Team Lead Salary 3 - 11 years exp. (39 salaries)	₹2.9 L/yr - ₹4.4 L/yr 6% more	6 job openings
L&T Finance Team Lead Salary 2 - 13 years exp. (31 salaries)	₹6.9 L/yr - ₹17.4 L/yr 242% more
IIFL Finance Team Lead Salary 1 - 10 years exp. (23 salaries)	₹1.3 L/yr - ₹9.3 L/yr 28% more
SMFG India Credit Team Lead Salary 3 - 9 years exp. (18 salaries)	₹3.2 L/yr - ₹6 L/yr 8% more
Kotak Mahindra Prime Team Lead Salary 5 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 21% less

Team Lead salary at Bajaj Finance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Team Lead salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.7 L/yr

Similar Designation salaries in Bajaj Finance

Deputy Manager Salary

(18 salaries)

₹3.15 L/yr - ₹7 L/yr

Salary related reviews for Bajaj Finance

4.0

Rated by 1 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

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

Area Collection Manager in Navi Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

They hire fresher but that too because experienced don't want to work there

Dislikes

Lot of things, from work culture to gundagiri of seniors. They ask to seat in the office without reason and forced to pay by employees pocket for target achievement

Salary - Poor

+6 more

Senior Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...hey even do cost cutting from tissues, toilet papers, tea, coffee and cutleries. Forcefully you have to buy refurbished laptop from them and monthly EMIs will cut directly from your salary, for your personal work you have to buy another laptop. Employees do not have enough space to sit. Every morning employees are fighting for chair and desk.

Salary - Poor

+5 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 Team Lead Salary FAQs

What is the salary of Team Lead at Bajaj Finance in Mumbai?

The average salary of a Team Lead at Bajaj Finance in Mumbai typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Team Lead in Mumbai at Bajaj Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Team Lead 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 7 Bajaj Finance employees in India.

What is the estimated take home salary of a Team Lead at Bajaj Finance in Mumbai?

The estimated take-home salary of a Team Lead at Bajaj Finance in Mumbai typically ranges from ₹26,003 to ₹27,427 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 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 7 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 Team Lead in India?

L&T Finance	₹6.9 Lakhs to ₹17.4 Lakhs per year
BA Continuum	₹5.5 Lakhs to ₹14.6 Lakhs per year
IIFL Finance	₹1.3 Lakhs to ₹9.3 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹6.0 Lakhs per year
Home Credit Finance	₹2.9 Lakhs to ₹4.4 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 Team Lead in companies similar to Bajaj Finance in Mumbai?

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

HDB Financial Services	₹1.8 Lakhs to ₹6.0 Lakhs per year
Kotak Mahindra Prime	₹2.4 Lakhs to ₹3.0 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 Team Lead at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹6.3 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹2.5 Lakhs to ₹5.0 Lakhs per year

and so on.

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Bajaj Finance Team Lead Salaries in Mumbai

Bajaj Finance Team Lead salary in Mumbai ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bajaj Finance latest salaries received from various employees of Bajaj Finance.