Bajaj Finance Underwriting Manager Salaries by 10+ Employees (Updated 2024)

1 - 7 years exp.

₹4.2 Lakhs - ₹8.1 Lakhs

Salary of majority employees

23% less than the average Underwriting Manager Salary in NBFC Companies for 1 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Underwriting Manager Salary 1 - 7 years exp. (6 salaries)	₹5.5 L/yr - ₹7.2 L/yr
BFSI, Investments & Trading Underwriting Manager Salary 4 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹8.1 L/yr
Login to view exact salary
Legal & Regulatory Underwriting Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.6 L/yr

Last Updated: 7 Nov 2024

Companies similar to Bajaj Finance for Underwriting Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Underwriting Manager Salary 6 - 11 years exp. (3 salaries)	₹8 L/yr - ₹11.1 L/yr 43% more
SBI General Insurance Underwriting Manager Salary 7 - 15 years exp. (25 salaries)	₹5.8 L/yr - ₹13.5 L/yr 54% more
Login to view exact salary
Care Health Insurance Underwriting Manager Salary 0 - 9 years exp. (23 salaries)	₹2.4 L/yr - ₹7.3 L/yr 27% less
HDFC Ergo General Insurance Underwriting Manager Salary 1 - 13 years exp. (16 salaries)	₹5.1 L/yr - ₹18.5 L/yr 63% more
ICICI Prudential Life Insurance Underwriting Manager Salary 0 - 16 years exp. (14 salaries)	₹6 L/yr - ₹10.5 L/yr 21% more

Underwriting Manager salary at Bajaj Finance ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Underwriting Manager salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.5 L/yr
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.8 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.2 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.5 L/yr
5 years (3 salaries)	₹5.1 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.1 L/yr

View all

Similar Designation salaries in Bajaj Finance

Credit Manager Salary

(193 salaries)

₹2.4 L/yr - ₹8.5 L/yr

Underwriter Salary

(6 salaries)

₹4 L/yr - ₹7.85 L/yr

Area Credit Manager Salary

(86 salaries)

₹4.4 L/yr - ₹15.22 L/yr

Deputy Manager Salary

(176 salaries)

₹3 L/yr - ₹8.78 L/yr

Branch Credit Manager Salary

(138 salaries)

₹3.2 L/yr - ₹8.5 L/yr

Cluster Credit Manager Salary

(16 salaries)

₹12.3 L/yr - ₹19.8 L/yr

Chief Manager Salary

(3 salaries)

₹8.5 L/yr - ₹30 L/yr

Regional Credit Manager Salary

(26 salaries)

₹15 L/yr - ₹35.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Team Lead Salary

(124 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Salary related reviews for Bajaj Finance

4.0

Rated by 2 employees for salary & benefits

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

Dislikes

Working life balance not well but if you are a alike army men then you have a good platform to groom your career

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 ?

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.

Dislikes

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

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.

Finance Executive in Nellore

Full Time

Finance & Accounting Department

3.0

• posted on 08 Oct 2024

3.0

for Salary and Benefits

Likes

Enjoy working

Dislikes

No leaves even it festivals Insurance claim delay Sundays no leaves Large salary cuttings No outings You might think boring life No esi and pf traing My Pf was cutting after a year it's so bad And some more what I cannot able to written here

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Bajaj Finance?

Ask anonymously on communities.

Bajaj Finance Underwriting Manager Salary FAQs

What is the salary of Underwriting Manager at Bajaj Finance?

Underwriting Manager salary at Bajaj Finance in India ranges between ₹4.2 Lakhs to ₹8.1 Lakhs for experience between 1 years to 7 years. According to our estimates it is 23% less than the average Underwriting Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Finance India.

How does the salary of a Underwriting Manager at Bajaj Finance India compare with the average salary range for this job?

The average salary of a Underwriting Manager at Bajaj Finance is 23% less than the average salary of a Underwriting Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Finance to a Underwriting Manager in India?

HDFC Ergo General Insurance Underwriting Manager Salary - ₹5.1 Lakhs to ₹18.5 Lakhs per year
SBI General Insurance Underwriting Manager Salary - ₹5.8 Lakhs to ₹13.5 Lakhs per year
Mahindra Finance Underwriting Manager Salary - ₹8.0 Lakhs to ₹11.1 Lakhs per year
ICICI Prudential Life Insurance Underwriting Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Underwriting Manager in companies similar to Bajaj Finance in India?

Care Health Insurance Underwriting Manager Salary - ₹2.4 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Underwriting Manager at Bajaj Finance ranges between ₹51,133 per month to ₹52,339 per month in India. The take-home salary calculation is based on the average Bajaj Finance Underwriting Manager salary in India which ranges between ₹4.2 Lakhs to ₹8.1 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Underwriting Manager at Bajaj Finance?

According to AmbitionBox, 96% of the Bajaj Finance Underwriting Managers reported a notice period of 3 Months, 4% reported a notice period of 2 Months.This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bajaj Finance Underwriting Manager Salaries by Location

Home >
Salaries >
Bajaj Finance Salaries >
Bajaj Finance Underwriting Manager Salaries

Bajaj Finance Underwriting Manager salary in India ranges between ₹4.2 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Finance latest salaries received from various employees of Bajaj Finance.