Bajaj Finance Mumbai Manager Salaries by 50+ Employees (Updated 2025)

1 - 10 years exp.

₹3.6 Lakhs - ₹12 Lakhs

Salary of majority employees

Fixed (78%)

₹5.3 Lakhs

Variable (22%)

₹1.5 Lakh

59% less than the average Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role? 155 job openings

Salaries in different departments

BFSI, Investments & Trading Manager Salary 2 - 9 years exp. (16 salaries)	₹4.9 L/yr - ₹10 L/yr
Sales & Business Development Manager Salary 2 - 10 years exp. (15 salaries)	₹5 L/yr - ₹10 L/yr
Login to view exact salary
Customer Success, Service & Operations Manager Salary 1 - 9 years exp. (10 salaries)	₹5.8 L/yr - ₹10 L/yr
Finance & Accounting Manager Salary 1 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹12 L/yr
Marketing & Communication Manager Salary 3 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹8.9 L/yr

Last Updated: 24 Feb 2025

Companies similar to Bajaj Finance for Manager in Mumbai

Bajaj Finance Manager Salary

1 - 10 years exp. (57 salaries)

₹3.6 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 45% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.4 L/yr 83% more
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹17.2 L/yr 51% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 24% more
State Bank of India Manager Salary 6 - 15 years exp. (94 salaries)	₹12 L/yr - ₹40 L/yr 260% more
Tata Capital Manager Salary 0 - 12 years exp. (176 salaries)	₹5.3 L/yr - ₹19 L/yr 73% more	10 job openings
Aditya Birla Capital Manager Salary 1 - 12 years exp. (119 salaries)	₹5.5 L/yr - ₹21.9 L/yr 90% more
IndusInd Bank Manager Salary 0 - 17 years exp. (624 salaries)	₹3.4 L/yr - ₹12 L/yr 13% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (491 salaries)	₹3.7 L/yr - ₹13.1 L/yr 29% more
RBL Bank Manager Salary 1 - 15 years exp. (297 salaries)	₹4.3 L/yr - ₹15.7 L/yr 32% more

View all

Manager salary at Bajaj Finance ranges between ₹3.6 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 57 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Manager salaries in Mumbai

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹10.9 L/yr
2 years (8 salaries)	₹4.8 L/yr - ₹10.4 L/yr
Login to view exact salary
3 years (10 salaries)	₹5.7 L/yr - ₹10 L/yr
4 years (5 salaries)	₹5 L/yr - ₹11 L/yr
5 years (8 salaries)	₹3.6 L/yr - ₹8 L/yr
6 years (6 salaries)	₹5.5 L/yr - ₹10 L/yr
7 years (5 salaries)	₹4.8 L/yr - ₹9 L/yr
8 years (6 salaries)	₹4.5 L/yr - ₹12 L/yr
9 years (5 salaries)	₹5.7 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.9 L/yr

View all

From

Manager

₹

Lakhs/yr

1 - 13 years exp.

Senior Cluster Manager

₹

Lakhs/yr

6 - 17 years exp.

Manager

1 - 13 years exp.

Senior Unit Manager

3 - 10 years exp.

158% hike

Cluster Manager

5 - 17 years exp.

14% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Deputy Manager Salary

(18 salaries)

₹3.15 L/yr - ₹7 L/yr

Credit Manager Salary

(16 salaries)

₹4.4 L/yr - ₹8.8 L/yr

Top skills at Bajaj Finance for Manager

Salesforce Business Development Team Management Relationship Management Digital Marketing

Salary related reviews for Bajaj Finance

3.4

Rated by 10 employees for salary & benefits

Manager in Mumbai

Full Time

Other Department

2.0

• posted on 25 Aug 2024

3.0

for Salary and Benefits

Likes

I don't know

Dislikes

No life work balance. Asked to work on holidays and even national holidays. No overtime pay. Lots and lots of overtime. Expected to work after office hours on a daily basis. No geographical and cultural understanding of different locations from the upper hierarchy. There's way too much to mention.

Skill development - Poor

+5 more

Manager in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 19 Sep 2022

5.0

for Salary and Benefits

Likes

Any one can earn good amount money Apart from Salary by Incentive. Not only just Sales people but also Operation people earn Incentive.

Salary - Excellent

+5 more

Dislikes

Hard to balance Work life and Personal Life because of high level of Competition.

Manager (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jul 2023

3.0

for Salary and Benefits

Likes

...at the cost of festivals, holidays, weekoff.. Job Security is at its best, 👍 Salary and Incentives are great,👍

Skill development - Good

+1 more

Dislikes

Family time 👎 Parenting 👎 Holidays/ Festivals 👎

Promotions - Poor

+3 more

Manager in Tadepalligudem

Administration & Facilities Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

This is good opertunity to me in Bajaj

Salary - Excellent

+6 more

Dislikes

...itics Management very cooperative Comeny recognized our work Do more earn more Salary credit every month before one day Managers every time in work supporting and guide to me

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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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 Manager Salary FAQs

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

The average salary of a Manager at Bajaj Finance in Mumbai typically ranges from ₹3.6 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Manager in Mumbai at Bajaj Finance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager 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 50+ Bajaj Finance employees in India.

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

The estimated take-home salary of a Manager at Bajaj Finance in Mumbai typically ranges from ₹52,073 to ₹53,300 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 50+ 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 Manager at Bajaj Finance in Mumbai?

To be a Manager at Bajaj Finance in Mumbai, the key skills required include:

- Salesforce
- Business Development
- Team Management
- Relationship Management
- Digital Marketing

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 Manager in India?

State Bank of India	₹12.0 Lakhs to ₹40.0 Lakhs per year
BA Continuum	₹16.0 Lakhs to ₹27.5 Lakhs per year
Home Credit Finance	₹12.0 Lakhs to ₹17.1 Lakhs per year
Aditya Birla Capital	₹5.5 Lakhs to ₹21.9 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹22.0 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 Manager in companies similar to Bajaj Finance in Mumbai?

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

ICICI Bank	₹6.0 Lakhs to ₹22.4 Lakhs per year
Tata Capital	₹5.3 Lakhs to ₹19.0 Lakhs per year
HDB Financial Services	₹4.9 Lakhs to ₹20.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹17.1 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹20.0 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 Manager at Bajaj Finance in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹10.9 Lakhs per year
2 years	₹4.8 Lakhs to ₹10.4 Lakhs per year
3 years	₹5.7 Lakhs to ₹10.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹11.0 Lakhs per year

and so on.

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Bajaj Finance Manager Salaries in Mumbai

Bajaj Finance Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Bajaj Finance latest salaries received from various employees of Bajaj Finance.

Bajaj Finance Manager salaries in Mumbai (Updated 2025)

Companies similar to Bajaj Finance for Manager in Mumbai

Latest annual salaries shared by Bajaj Finance Manager in Mumbai

Experience wise Bajaj Finance Manager salaries in Mumbai

Similar Designation salaries in Bajaj Finance

Top skills at Bajaj Finance for Manager

Salary related reviews for Bajaj Finance

Manager in Mumbai

Manager in Mumbai

Manager (working remotely)

Manager in Tadepalligudem

Credit Manager in Patiala

Bajaj Finance Manager Salary FAQs

Tell us how to improve this page.