Bajaj Finance Mumbai Cluster Head Salaries by 4 Employees (Updated 2025)

4 - 17 years exp.

₹16 Lakhs - ₹19.7 Lakhs

Salary of majority employees

Fixed (79%)

₹14.1 Lakhs

Variable (21%)

₹3.7 Lakhs

12% more than the average Cluster Head Salary in NBFC Companies for 4 - 17 years of experience

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Salaries in different departments

Finance & Accounting Cluster Head Salary 4 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹18.6 L/yr
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Sales & Business Development Cluster Head Salary 13 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹19.7 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bajaj Finance for Cluster Head in Mumbai

Bajaj Finance Cluster Head Salary

4 - 17 years exp. (4 salaries)

₹16 L/yr - ₹19.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Cluster Head Salary 10 - 21 years exp. (17 salaries)	₹9.6 L/yr - ₹30.8 L/yr 32% more
ICICI Bank Cluster Head Salary 14 - 15 years exp. (3 salaries)	₹7.1 L/yr - ₹20 L/yr 17% less
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IIFL Finance Cluster Head Salary 11 - 14 years exp. (4 salaries)	₹7.1 L/yr - ₹10.5 L/yr 47% less
HDB Financial Services Cluster Head Salary 12 - 16 years exp. (4 salaries)	₹18 L/yr - ₹23 L/yr 11% more
Yes Bank Cluster Head Salary 13 - 23 years exp. (22 salaries)	₹16.8 L/yr - ₹47 L/yr 54% more

Cluster Head salary at Bajaj Finance ranges between ₹16 Lakhs to ₹19.7 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Cluster Head salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹16 L/yr - ₹32.4 L/yr
5 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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6 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.6 L/yr
7 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
8 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
9 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
10 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹19.7 L/yr
14 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
15+ years (AmbitionBox Estimate)	₹17 L/yr - ₹31.8 L/yr

View all

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Cluster Manager Salary

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Salary related reviews for Bajaj Finance

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

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

2w (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 Head Salary FAQs

What is the salary of Cluster Head at Bajaj Finance Mumbai?

Cluster Head salary at Bajaj Finance in Mumbai ranges between ₹16.0 Lakhs to ₹19.7 Lakhs for experience between 4 years to 17 years. According to our estimates it is 12% more than the average Cluster Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance Mumbai.

How does the salary of a Cluster Head at Bajaj Finance Mumbai compare with the average salary range for this job?

The average salary of a Cluster Head at Bajaj Finance is 12% more than the average salary of a Cluster Head in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Finance to a Cluster Head in Mumbai?

Yes Bank Cluster Head Salary - ₹16.8 Lakhs to ₹47.0 Lakhs per year
HDFC Bank Cluster Head Salary - ₹9.6 Lakhs to ₹30.8 Lakhs per year
HDB Financial Services Cluster Head Salary - ₹18.0 Lakhs to ₹23.0 Lakhs per year

What is the salary of a Cluster Head in companies similar to Bajaj Finance in Mumbai?

ICICI Bank Cluster Head Salary - ₹7.1 Lakhs to ₹20.0 Lakhs per year
IIFL Finance Cluster Head Salary - ₹7.1 Lakhs to ₹10.5 Lakhs per year

What is the estimated take home salary of a Cluster Head at Bajaj Finance in Mumbai?

The estimated take-home salary of a Cluster Head at Bajaj Finance ranges between ₹1,20,101 per month to ₹1,23,472 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finance Cluster Head salary in India which ranges between ₹16.0 Lakhs to ₹19.7 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Bajaj Finance in Mumbai?

According to AmbitionBox, 100% of the Bajaj Finance Cluster Heads in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Finance Cluster Head Salaries in Mumbai

Bajaj Finance Cluster Head salary in Mumbai ranges between ₹16 Lakhs to ₹19.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.