Bajaj Finance Cluster Credit Manager Salaries by 10+ Employees (Updated 2025)

4 - 18 years exp.

₹12.3 Lakhs - ₹22 Lakhs

Salary of majority employees

Fixed (80%)

₹13.2 Lakhs

Variable (20%)

₹3.4 Lakhs

66% more than the average Cluster Credit Manager Salary in NBFC Companies for 4 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 18 years exp. (12 salaries)	₹12.8 L/yr - ₹22 L/yr
Customer Success, Service & Operations Cluster Credit Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹16.7 L/yr
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Finance & Accounting Cluster Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹16.1 L/yr - ₹17.6 L/yr

Last Updated: 26 Jan 2025

Companies similar to Bajaj Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 61% less
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 57% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 37% less
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 14% less
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 47% less
SMFG India Credit Cluster Credit Manager Salary 3 - 15 years exp. (78 salaries)	₹4.3 L/yr - ₹17 L/yr 41% less
IIFL SAMASTA Cluster Credit Manager Salary 6 - 13 years exp. (48 salaries)	₹5.5 L/yr - ₹13.3 L/yr 46% less
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 14% more
Annapurna Finance Cluster Credit Manager Salary 6 - 17 years exp. (31 salaries)	₹4 L/yr - ₹16 L/yr 44% less
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 61% less
SK Finance Limited Cluster Credit Manager Salary 9 - 16 years exp. (7 salaries)	₹8.4 L/yr - ₹11.5 L/yr 41% less
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Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 29% less
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 59% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 59% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 70% less
Asirvad Microfinance Cluster Credit Manager Salary 15 - 16 years exp. (3 salaries)	₹10 L/yr - ₹14.5 L/yr 27% less

Cluster Credit Manager salary at Bajaj Finance ranges between ₹12.3 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 17 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Cluster Credit Manager salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹29.1 L/yr
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6 years (AmbitionBox Estimate)	₹15 L/yr - ₹22 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.8 L/yr
9 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹29.5 L/yr
10 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
11 years (3 salaries)	₹12.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹29.8 L/yr
13 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹18.5 L/yr
15+ years (5 salaries)	₹6.8 L/yr - ₹19.8 L/yr

View all

Similar Designation salaries in Bajaj Finance

Area Credit Manager Salary

(85 salaries)

₹4.4 L/yr - ₹14 L/yr

Deputy Credit Manager Salary

(9 salaries)

₹3.76 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(122 salaries)

₹3.2 L/yr - ₹8.5 L/yr

Zonal Credit Manager Salary

(13 salaries)

₹28 L/yr - ₹45 L/yr

Assistant Credit Manager Salary

(136 salaries)

₹2.2 L/yr - ₹6 L/yr

Regional Credit Manager Salary

(21 salaries)

₹17 L/yr - ₹36 L/yr

Credit Manager Salary

(195 salaries)

₹2.4 L/yr - ₹9 L/yr

Senior Credit Officer Salary

(3 salaries)

₹5.5 L/yr - ₹12 L/yr

Relationship Manager Salary

(93 salaries)

₹1.56 L/yr - ₹6.26 L/yr

Chief Manager Salary

(3 salaries)

₹8.5 L/yr - ₹30 L/yr

Salary related reviews for Bajaj Finance

5.0

Rated by 1 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

Salary - Excellent

+4 more

Dislikes

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

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bajaj Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Bajaj Finance?

Cluster Credit Manager salary at Bajaj Finance in India ranges between ₹12.3 Lakhs to ₹22.0 Lakhs for experience between 4 years to 18 years. According to our estimates it is 66% more than the average Cluster Credit Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Bajaj Finance India.

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

The average salary of a Cluster Credit Manager at Bajaj Finance is 66% more than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

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

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹24.0 Lakhs per year

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

Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Asirvad Microfinance Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Prime Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year
SK Finance Limited Cluster Credit Manager Salary - ₹8.4 Lakhs to ₹11.5 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at Bajaj Finance ranges between ₹1,12,925 per month to ₹1,16,064 per month in India. The take-home salary calculation is based on the average Bajaj Finance Cluster Credit Manager salary in India which ranges between ₹12.3 Lakhs to ₹22.0 Lakhs per year for employees with experience between 4 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Bajaj Finance?

According to AmbitionBox, 94% of the Bajaj Finance Cluster Credit Managers reported a notice period of 3 Months, 6% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

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Bajaj Finance Cluster Credit Manager Salaries

Bajaj Finance Cluster Credit Manager salary in India ranges between ₹12.3 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Bajaj Finance latest salaries received from various employees of Bajaj Finance.