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

7 - 19 years exp.

₹10.6 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (80%)

₹12.7 Lakhs

Variable (20%)

₹3.2 Lakhs

48% more than the average Cluster Manager Collection Salary in NBFC Companies for 7 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Manager Collection Salary 15 - 19 years exp. (4 salaries)	₹13.3 L/yr - ₹20 L/yr
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Finance & Accounting Cluster Manager Collection Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹18 L/yr

Last Updated: 25 Feb 2025

Companies similar to Bajaj Finance for Cluster Manager Collection

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Cluster Manager Collection Salary 0 - 12 years exp. (5 salaries)	₹7 L/yr - ₹7.5 L/yr 53% less
Bharat Financial Inclusion Cluster Manager Collection Salary 4 - 15 years exp. (4 salaries)	₹7 L/yr - ₹8 L/yr 53% less
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Annapurna Finance Cluster Manager Collection Salary 7 - 10 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 45% less
Ujjivan Small Finance Bank Cluster Manager Collection Salary 5 - 14 years exp. (21 salaries)	₹4.8 L/yr - ₹8.4 L/yr 57% less
Bajaj Finserv Cluster Manager Collection Salary 9 - 16 years exp. (16 salaries)	₹12.5 L/yr - ₹20 L/yr 2% less

Cluster Manager Collection salary at Bajaj Finance ranges between ₹10.6 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Cluster Manager Collection salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹26.2 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹26.5 L/yr
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9 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
10 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹27.6 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
13 years (3 salaries)	₹10.6 L/yr - ₹18 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹18 L/yr
15+ years (5 salaries)	₹13.3 L/yr - ₹20 L/yr

View all

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Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

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

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

Area Collection Manager in Raipur

Full Time

Finance & Accounting Department

1.0

• posted on 13 Oct 2023

3.0

for Salary and Benefits

Likes

Only salary and expenses if you join as a manager

Dislikes

All are very bad, management team is abusing to all employees, his HR not listening any thing about the management..... i think if you want to suside then join the company No work time your job start in 6am I don't know where is ending

Skill development - Bad

+5 more

Collection Officer in Kolkata

Full Time

Other Department

1.0

• posted on 22 Sep 2023

1.0

for Salary and Benefits

Likes

Worst company if you give customer emi from your salary ur good collection officer if you can't do that ur job is not done complet in Baja finance bucket x

Dislikes

If you pay customer emi from your salary and you want some person use abuse language about ur family and if you tolerate thise you can join thise company

Salary - Bad

+6 more

Collections Manager in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Sep 2022

5.0

for Salary and Benefits

Likes

Bajaj finance is a family for me , colleagues are really helpful, workstation ambiance is really wonderful , salary hikes and incentives are really good here , every year we got promotion to higher grade,and major fact about being a Bajaj finance employee is job security, if we work honest our career growth will unpredictable,

Salary - Excellent

+6 more

Dislikes

Work pressure is really huge because we are number one in finance sector in India, holidays are joke here , please don't come to work here if you are love to celebrate holidays with your family or friends! Target's are rocket here ! So you need to achieve it whatever happens 😁

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Finance Cluster Manager Collection Salary FAQs

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

The average salary of a Cluster Manager Collection at Bajaj Finance in India typically ranges from ₹10.6 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 7 years to 19 years).

The top 10% of Cluster Manager Collection at Bajaj Finance earn more than ₹18.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Cluster Manager Collection 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 10+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Cluster Manager Collection at Bajaj Finance in India typically ranges from ₹1,08,642 to ₹1,11,643 per month. This is based on the average salary range of ₹10.6 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 7 years to 19 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 10+ salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Cluster Manager Collection at companies similar to Bajaj Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finserv	₹12.5 Lakhs to ₹20.0 Lakhs per year
Annapurna Finance	₹8.0 Lakhs to ₹10.0 Lakhs per year
Bharat Financial Inclusion	₹7.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Prime	₹7.0 Lakhs to ₹7.5 Lakhs per year
Ujjivan Small Finance Bank	₹4.8 Lakhs to ₹8.4 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 Cluster Manager Collection at Bajaj Finance in India?

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

Experience	Average Salary Range
7 years	₹11.0 Lakhs to ₹26.2 Lakhs per year
8 years	₹11.0 Lakhs to ₹26.5 Lakhs per year
9 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
10 years	₹13.6 Lakhs to ₹17.4 Lakhs per year

and so on.

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Bajaj Finance Cluster Manager Collection Salaries

Bajaj Finance Cluster Manager Collection salary in India ranges between ₹10.6 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Finance latest salaries received from various employees of Bajaj Finance.