Bajaj Finance Team Manager Salaries by 9 Employees

0 - 6 years exp.

₹2 Lakhs - ₹8.6 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Team Manager Salary in NBFC Companies for 0 - 6 years of experience

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Last Updated: 9 Feb 2024

Companies similar to Bajaj Finance for Team Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Team Manager Salary 6 - 17 years exp. (147 salaries)	₹11 L/yr - ₹36 L/yr 455% more
HDB Financial Services Team Manager Salary 4 - 15 years exp. (86 salaries)	₹3.5 L/yr - ₹8 L/yr 22% more
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IIFL Finance Team Manager Salary 3 - 13 years exp. (23 salaries)	₹4 L/yr - ₹9 L/yr 59% more
SMFG India Credit Team Manager Salary 5 - 18 years exp. (11 salaries)	₹4 L/yr - ₹12.7 L/yr 107% more
BA Continuum Team Manager Salary 7 - 14 years exp. (10 salaries)	₹20 L/yr - ₹36.3 L/yr 564% more
Bharat Financial Inclusion Team Manager Salary 4 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹6.3 L/yr 7% more
Kotak Mahindra Prime Team Manager Salary 1 - 12 years exp. (6 salaries)	₹2.5 L/yr - ₹4.8 L/yr 25% less
Home Credit Finance Team Manager Salary 7 - 15 years exp. (6 salaries)	₹3.6 L/yr - ₹10.9 L/yr 36% more
Mahindra Finance Team Manager Salary 0 - 14 years exp. (5 salaries)	₹4.7 L/yr - ₹10 L/yr 68% more
LIC Housing Finance Team Manager Salary 2 - 12 years exp. (4 salaries)	₹2.2 L/yr - ₹35 L/yr 191% more
TVS Credit Team Manager Salary 1 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹5.5 L/yr 9% more
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SK Finance Limited Team Manager Salary 0 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 2% more
Shriram Finance Team Manager Salary 1 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4.7 L/yr 14% less
Annapurna Finance Team Manager Salary 5 - 10 years exp. (4 salaries)	₹3.8 L/yr - ₹10.5 L/yr 53% more
IIFL SAMASTA Team Manager Salary 4 - 17 years exp. (3 salaries)	₹7.9 L/yr - ₹32 L/yr 326% more
Fusion Microfinance Team Manager Salary 10 years exp. (3 salaries)	₹9.2 L/yr - ₹9.9 L/yr 122% more
Manappuram Finance Team Manager Salary 3 - 7 years exp. (3 salaries)	₹4 L/yr - ₹9.5 L/yr 15% more
CreditAccess Grameen Team Manager Salary 1 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹6.4 L/yr 11% more
Muthoot Finance Team Manager Salary 5 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹6 L/yr 5% less

Team Manager salary at Bajaj Finance ranges between ₹2 Lakhs to ₹8.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Team Manager salaries

Last Updated: 9 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹6.6 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹6.2 L/yr
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2 years (3 salaries)	₹3 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹8.3 L/yr

View all

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(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 L/yr

Branch Manager Salary

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₹3 L/yr - ₹8.85 L/yr

Deputy Manager Salary

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Department Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Cluster Manager Salary

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Operations Manager Salary

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₹2.4 L/yr - ₹10 L/yr

Salary related reviews for Bajaj Finance

4.3

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 Manager in Pileru

Finance & Accounting Department

5.0

• posted on 13 Oct 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, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing is there

Cluster Manager in Surat

Administration & Facilities Department

5.0

• posted on 16 Feb 2020

4.0

for Salary and Benefits

Likes

It's fun to work with great experience in the field of finance. The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality financial products and has a across country clientele.

Salary - Good

+6 more

Dislikes

Compensation is decent, but work pressure is very high. At times it has happened that managers do not value an individual's unique strengths, which is why I have to take back my suggestions.

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

Area Manager in Vadodara

Credit-Operation Department

4.0

• posted on 19 Oct 2018

5.0

for Salary and Benefits

Likes

The Company is open to changes and ready to provide facility to employees and compensation is very good

Salary - Excellent

+4 more

Dislikes

Work pressure is very high and family life distturb.also due to some politics problem in job security

Job security - Bad

+1 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 Team Manager Salary FAQs

What is the salary of Team Manager at Bajaj Finance ?

The average salary of a Team Manager at Bajaj Finance in India typically ranges from ₹2.0 Lakhs to ₹8.6 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Team Manager at Bajaj Finance earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Team 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 9 Bajaj Finance employees in India.

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

The estimated take-home salary of a Team Manager at Bajaj Finance in India typically ranges from ₹32,493 to ₹33,770 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.6 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 9 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 Manager in India?

BA Continuum	₹20.0 Lakhs to ₹36.3 Lakhs per year
L&T Finance	₹11.0 Lakhs to ₹36.0 Lakhs per year
IIFL SAMASTA	₹7.9 Lakhs to ₹32.0 Lakhs per year
LIC Housing Finance	₹2.2 Lakhs to ₹35.0 Lakhs per year
Fusion Microfinance	₹9.2 Lakhs to ₹9.9 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 Manager in companies similar to Bajaj Finance in India?

The salary of a Team Manager 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	₹4.0 Lakhs to ₹12.7 Lakhs per year
Mahindra Finance	₹4.7 Lakhs to ₹10.0 Lakhs per year
IIFL Finance	₹4.0 Lakhs to ₹9.0 Lakhs per year
Annapurna Finance	₹3.8 Lakhs to ₹10.5 Lakhs per year
Home Credit Finance	₹3.6 Lakhs to ₹10.9 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 Manager at Bajaj Finance in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹6.6 Lakhs per year
1 year	₹1.5 Lakhs to ₹6.2 Lakhs per year
2 years	₹3.0 Lakhs to ₹7.2 Lakhs per year
3 years	₹3.0 Lakhs to ₹7.4 Lakhs per year

and so on.

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Bajaj Finance Team Manager Salaries

Bajaj Finance Team Manager salary in India ranges between ₹2 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bajaj Finance latest salaries received from various employees of Bajaj Finance.