Bajaj Finance Deputy Manager Operations Salaries by 4 Employees

2 - 5 years exp.

₹4 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Deputy Manager Operations Salary in NBFC Companies for 2 - 5 years of experience

Interested in this particular role? 39 job openings

Salaries in different departments

Finance & Accounting Deputy Manager Operations Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Deputy Manager Operations Salary 4 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.6 L/yr

Last Updated: 26 Apr 2024

Companies similar to Bajaj Finance for Deputy Manager Operations

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Operations Salary 1 - 11 years exp. (294 salaries)	₹3 L/yr - ₹8.1 L/yr 13% more
ICICI Bank Deputy Manager Operations Salary 3 - 10 years exp. (314 salaries)	₹3.5 L/yr - ₹9.1 L/yr 32% more
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Axis Bank Deputy Manager Operations Salary 2 - 9 years exp. (259 salaries)	₹3.1 L/yr - ₹6.7 L/yr 7% more
Kotak Mahindra Bank Deputy Manager Operations Salary 3 - 9 years exp. (163 salaries)	₹2.5 L/yr - ₹6.6 L/yr 10% less
State Bank of India Deputy Manager Operations Salary 4 - 9 years exp. (6 salaries)	₹9 L/yr - ₹18.5 L/yr 169% more
Mahindra Finance Deputy Manager Operations Salary 5 - 13 years exp. (7 salaries)	₹6.8 L/yr - ₹10.7 L/yr 76% more
Satin Creditcare Network Deputy Manager Operations Salary 5 - 12 years exp. (13 salaries)	₹4.1 L/yr - ₹6.5 L/yr 2% more
Kotak Mahindra Prime Deputy Manager Operations Salary 4 - 15 years exp. (10 salaries)	₹3.6 L/yr - ₹6.1 L/yr 4% less
IIFL Finance Deputy Manager Operations Salary 4 - 7 years exp. (6 salaries)	₹3.5 L/yr - ₹8 L/yr 12% more
Fusion Microfinance Deputy Manager Operations Salary 12 - 16 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 29% more
Shriram Finance Deputy Manager Operations Salary 8 - 12 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 17% less
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TVS Credit Deputy Manager Operations Salary 9 - 12 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 31% more
Annapurna Finance Deputy Manager Operations Salary 2 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹4.4 L/yr 33% less
HDB Financial Services Deputy Manager Operations Salary 3 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.8 L/yr 8% more
Muthoot Fincorp Deputy Manager Operations Salary 2 - 11 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr 8% less
Asirvad Microfinance Deputy Manager Operations Salary 4 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹4.8 L/yr 13% less
Muthoot Finance Deputy Manager Operations Salary 12 - 14 years exp. (3 salaries)	₹4.4 L/yr - ₹5.2 L/yr 4% less

Deputy Manager Operations salary at Bajaj Finance ranges between ₹4 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Deputy Manager Operations salaries

Last Updated: 26 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.8 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.7 L/yr

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Top skills at Bajaj Finance for Deputy Manager Operations

Service Management Disbursement Banking Operations Medical Underwriting Credit Appraisal Finance Credit Analysis US Mortgage Home Loans Credit Underwriting KYC Dispatch Export Documentation Training Laptop

Salary related reviews for Bajaj Finance

4.5

Rated by 7 employees for salary & benefits

Business Analyst in Pune

Full Time

Project & Program Management Department

1.0

• posted on 14 May 2024

3.0

for Salary and Benefits

Likes

You get your salary at the end of the month. This is the only Pro of the company.

Dislikes

You will have to forget your family to work here. Even if your father is no more and you need to take a leave to perform his last rituals they won’t give you 1 day leave because according to the managers in bajaj finance if they show that they are able to suck the life out of the employee then only they get promoted.

Skill development - Bad

+4 more

Unit Manager in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Aug 2023

5.0

for Salary and Benefits

Likes

It was great experience to work with.

Salary - Excellent

+6 more

Dislikes

Auto promotion policy.. as it's killing actual talent and giving undeserving salary to employees who are doing same work since last 10 years in same department. Ppl are more comfortable with let it go policy.

Back Office Executive in Moradabad

Full Time

Finance & Accounting Department

2.0

• posted on 19 Apr 2022

1.0

for Salary and Benefits

Likes

Only it's name in the market.

Dislikes

No growth, poor salary package can't survive present time, over working time without extra money, no proper office sitting space in two wheeler Bajaj auto finance Ltd in showroom, no office, no holiday.

Salary - Bad

+5 more

MIS Executive in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

5.0

• posted on 08 Feb 2021

4.0

for Salary and Benefits

Likes

...ironment and culture. Teammates are Supported and the Management is Transparent. Company Policies are Good, Appraisals are fair and they give good salary. Year of every major festivals given bonus, so lot of thanks for Bajaj Auto Finance Pvt Ltd....

Salary - Good

+6 more

Dislikes

No Have a dislike, have a like company

DMA in Unnao

Full Time

Finance Department

5.0

• posted on 22 Jan 2019

2.0

for Salary and Benefits

Likes

see sample The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Skill development - Good

+2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Salary - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Deputy Manager Operations Salary FAQs

What is the salary of Deputy Manager Operations at Bajaj Finance ?

The average salary of a Deputy Manager Operations at Bajaj Finance in India typically ranges from ₹4.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Deputy Manager Operations at Bajaj Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Deputy Manager Operations 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 4 Bajaj Finance employees in India.

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

The estimated take-home salary of a Deputy Manager Operations at Bajaj Finance in India typically ranges from ₹36,381 to ₹37,600 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Deputy Manager Operations at Bajaj Finance ?

To be a Deputy Manager Operations at Bajaj Finance in india, the key skills required include:

- Service Management
- Disbursement
- Banking Operations
- Medical Underwriting
- Credit Appraisal

These skills are highly valued at Bajaj Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Finance for Deputy Manager Operations in India?

State Bank of India	₹9.0 Lakhs to ₹18.5 Lakhs per year
Mahindra Finance	₹6.8 Lakhs to ₹10.7 Lakhs per year
ICICI Bank	₹3.5 Lakhs to ₹9.1 Lakhs per year
TVS Credit	₹5.0 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance	₹5.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Finance, depending on the role and experience level.

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

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

HDFC Bank	₹3.0 Lakhs to ₹8.1 Lakhs per year
IIFL Finance	₹3.5 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹4.5 Lakhs to ₹5.8 Lakhs per year
Axis Bank	₹3.1 Lakhs to ₹6.7 Lakhs per year
Satin Creditcare Network	₹4.1 Lakhs to ₹6.5 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 Deputy Manager Operations at Bajaj Finance in India?

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

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
4 years	₹4.0 Lakhs to ₹8.8 Lakhs per year
5 years	₹4.0 Lakhs to ₹8.7 Lakhs per year

and so on.

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Bajaj Finance Deputy Manager Operations Salaries

Bajaj Finance Deputy Manager Operations salary in India ranges between ₹4 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.