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

3 - 9 years exp.

₹4.4 Lakhs - ₹8.7 Lakhs

Salary of majority employees

25% less than the average Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 8 years exp. (6 salaries)	₹6 L/yr - ₹7.7 L/yr
Finance & Accounting Credit Manager Salary 5 - 9 years exp. (6 salaries)	₹4.4 L/yr - ₹8.7 L/yr
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Customer Success, Service & Operations Credit Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.5 L/yr
Risk Management & Compliance Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹7 L/yr

Last Updated: 13 Feb 2025

Companies similar to Bajaj Finance for Credit Manager in Mumbai

Bajaj Finance Credit Manager Salary

3 - 9 years exp. (15 salaries)

₹4.4 L/yr - ₹8.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (450 salaries)	₹4 L/yr - ₹15 L/yr 44% more	5 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (562 salaries)	₹4.3 L/yr - ₹17.4 L/yr 63% more
Login to view exact salary
Axis Bank Credit Manager Salary 0 - 12 years exp. (145 salaries)	₹4 L/yr - ₹15.3 L/yr 47% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	₹3.7 L/yr - ₹13 L/yr 45% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (75 salaries)	₹4.6 L/yr - ₹14 L/yr 38% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	₹3.6 L/yr - ₹11 L/yr 27% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	₹4.1 L/yr - ₹14.9 L/yr 36% more	1 job opening
Tata Capital Credit Manager Salary 0 - 10 years exp. (80 salaries)	₹3.5 L/yr - ₹12.4 L/yr 26% more	5 job openings
Mahindra Finance Credit Manager Salary 5 - 13 years exp. (9 salaries)	₹4.7 L/yr - ₹12.2 L/yr 15% more
L&T Finance Credit Manager Salary 2 - 9 years exp. (19 salaries)	₹6 L/yr - ₹12.7 L/yr 45% more
SMFG India Credit Credit Manager Salary 1 - 11 years exp. (74 salaries)	₹3.2 L/yr - ₹10.4 L/yr 15% more
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IIFL Finance Credit Manager Salary 0 - 10 years exp. (50 salaries)	₹2.8 L/yr - ₹10.1 L/yr 9% more
HDB Financial Services Credit Manager Salary 1 - 13 years exp. (44 salaries)	₹2.7 L/yr - ₹7 L/yr 23% less	1 job opening
Kotak Mahindra Prime Credit Manager Salary 1 - 8 years exp. (17 salaries)	₹4.5 L/yr - ₹11 L/yr 34% more
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 22% less	1 job opening
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 214% more
Shriram Finance Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹5.8 L/yr - ₹8.7 L/yr At par	2 job openings
Annapurna Finance Credit Manager Salary 4 - 9 years exp. (3 salaries)	₹4.2 L/yr - ₹5.5 L/yr 27% less

Credit Manager salary at Bajaj Finance ranges between ₹4.4 Lakhs to ₹8.7 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 15 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Credit Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.8 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr
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5 years (3 salaries)	₹4.4 L/yr - ₹7 L/yr
6 years (4 salaries)	₹5 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.3 L/yr
8 years (3 salaries)	₹2.8 L/yr - ₹8.7 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.7 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

1 - 9 years exp.

Zonal Credit Manager

₹

Lakhs/yr

11 - 19 years exp.

Credit Manager 1 - 9 years exp.

Area Credit Manager 3 - 12 years exp.

61% hike

Regional Credit Manager 5 - 16 years exp.

167% hike

Similar Designation salaries in Bajaj Finance

Sales Manager Salary

(107 salaries)

₹2.5 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(18 salaries)

₹3.15 L/yr - ₹7 L/yr

Area Credit Manager Salary

(3 salaries)

₹9.8 L/yr - ₹10.6 L/yr

Top skills at Bajaj Finance for Credit Manager

Home Loans Credit Underwriting Lap Mortgage Loans Underwriting

Salary related reviews for Bajaj Finance

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 Credit Manager Salary FAQs

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

Credit Manager salary at Bajaj Finance in Mumbai ranges between ₹4.4 Lakhs to ₹8.7 Lakhs for experience between 3 years to 9 years. According to our estimates it is 25% less than the average Credit Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Bajaj Finance Mumbai.

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

The average salary of a Credit Manager at Bajaj Finance is 25% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Bajaj Finance?

Home Loans, Credit Underwriting, Lap, Mortgage Loans and Underwriting are some of the popular skills required to work as a Credit Manager at Bajaj Finance Mumbai.

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

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹17.4 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.7 Lakhs to ₹13.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹12.7 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.6 Lakhs to ₹14.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹4.1 Lakhs to ₹14.9 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹4.5 Lakhs to ₹11.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹3.6 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Bajaj Finance ranges between ₹46,337 per month to ₹47,435 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finance Credit Manager salary in India which ranges between ₹4.4 Lakhs to ₹8.7 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 85% of the Bajaj Finance Credit Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Bajaj Finance Credit Manager Salaries in Mumbai

Bajaj Finance Credit Manager salary in Mumbai ranges between ₹4.4 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Bajaj Finance latest salaries received from various employees of Bajaj Finance.