Bajaj Finserv Chennai Area Credit Manager Salaries by 5 Employees

4 - 9 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

23% less than the average Area Credit Manager Salary in Financial Services Companies for 4 - 9 years of experience

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Last Updated: 16 Aug 2024

Companies similar to Bajaj Finserv for Area Credit Manager in Chennai

Bajaj Finserv Area Credit Manager Salary

4 - 9 years exp. (5 salaries)

₹6.5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance Area Credit Manager Salary 7 - 13 years exp. (5 salaries)	₹10 L/yr - ₹13.5 L/yr 24% more
Aditya Birla Capital Area Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹8.7 L/yr - ₹20.2 L/yr 42% more
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ICICI Bank Area Credit Manager Salary 2 - 13 years exp. (36 salaries)	₹4.5 L/yr - ₹18 L/yr 12% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (14 salaries)	₹8.8 L/yr - ₹15 L/yr 13% more	3 job openings
Axis Bank Area Credit Manager Salary 6 - 14 years exp. (11 salaries)	₹8 L/yr - ₹18.2 L/yr 45% more

Area Credit Manager salary at Bajaj Finserv ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Area Credit Manager salaries in Chennai

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
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6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.4 L/yr
7 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr

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From

Area Credit Manager

4 - 14 years exp.

Regional Credit Manager

5 - 17 years exp.

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 Finserv

Sales Manager Salary

(75 salaries)

₹3 L/yr - ₹9.6 L/yr

Credit Manager Salary

(13 salaries)

₹3.5 L/yr - ₹7.1 L/yr

Credit Officer Salary

(6 salaries)

₹2.35 L/yr - ₹4 L/yr

Salary related reviews for Bajaj Finserv

4.9

Rated by 2 employees for salary & benefits

Area Credit Manager in Chennai

BFSI, Investments & Trading Department

1.0

• posted on 23 Nov 2020

4.0

for Salary and Benefits

Likes

Highly stimulating work atmosphere swanky offices, good compensation, incentives and growth opportunities.

Salary - Good

+1 more

Dislikes

No work life balance, HR policies and management not people friendly. Very aggressive company. I remember CEO saying, if you want to have work-life balance, join cos like Kotak, Sundaram Finance etc. This is the place to work and only work.

Job security - Bad

+3 more

Area Credit Manager in Vadodara

BFSI, Investments & Trading Department

1.0

• posted on 02 Apr 2018

1.0

for Salary and Benefits

Likes

Nothing. Seems scary as they robbed our personal life.

Promotions - Good

Dislikes

...15 days month-end out of 30 days!!!!!!!! Too much sales and management pressure. Fool to employees in the name of variable pay. Etc etc etc...........

Salary - Bad

+3 more

Sales Officer in Bagnan

Full Time

Finance & Accounting Department

3.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Collegue .. work as a team... And i love bajaj finance as i saw my brother did job here ..

Skill development - Excellent

+1 more

Dislikes

In my location no appraisals, promotion happen .. salary is too low compare to other locations. . Lastly have to work in everything .. alltime con call..

Salary - Poor

+1 more

Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Here salary is paid on time

Dislikes

There is a lot of pressure in working and achieve the target, they even abuse their employees. The customer has to give wrong information and the card is sent through wrong communication

Skill development - Poor

+5 more

Sales Officer in Samastipur

Full Time

Marketing & Communication Department

5.0

• posted on 27 Aug 2024

5.0

for Salary and Benefits

Likes

Salary and challenges are good. All team supported each other All team works do in this job.seniors very supported their own boys.Attractive incentive much competition all company .Bajaj is multinational company which growth develop market

Salary - Excellent

+6 more

Dislikes

Working on every Sunday is worst part.Even we are working hard and honesty but no increase salary every year.in this job no holidays and no sunday special leave. There is no work life

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Finserv Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Bajaj Finserv in Chennai?

The average salary of a Area Credit Manager at Bajaj Finserv in Chennai typically ranges from ₹6.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Area Credit Manager in Chennai at Bajaj Finserv earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Area Credit Manager Salaries at Bajaj Finserv 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 5 Bajaj Finserv employees in India.

What is the estimated take home salary of a Area Credit Manager at Bajaj Finserv in Chennai?

The estimated take-home salary of a Area Credit Manager at Bajaj Finserv in Chennai typically ranges from ₹71,628 to ₹73,473 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 5 salaries received from various employees of Bajaj Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finserv for Area Credit Manager in India?

Axis Bank	₹8.0 Lakhs to ₹18.2 Lakhs per year
Aditya Birla Capital	₹8.7 Lakhs to ₹20.2 Lakhs per year
Cholamandalam Investment & Finance	₹10.0 Lakhs to ₹13.5 Lakhs per year
HDB Financial Services	₹8.8 Lakhs to ₹15.0 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹18.0 Lakhs per year

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

How the salary growth look like for a Area Credit Manager at Bajaj Finserv in Chennai?

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

Experience	Average Salary Range
4 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
5 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
6 years	₹8.2 Lakhs to ₹10.4 Lakhs per year
7 years	₹8.4 Lakhs to ₹10.8 Lakhs per year

and so on.

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Bajaj Finserv Area Credit Manager Salaries in Chennai

Bajaj Finserv Area Credit Manager salary in Chennai ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.