Bajaj Finserv Mumbai Area Manager Salaries by 10+ Employees

4 - 12 years exp.

₹7 Lakhs - ₹14.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% more than the average Area Manager Salary in Financial Services Companies for 4 - 12 years of experience

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Salaries in different departments

Finance & Accounting Area Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹14.5 L/yr
Product Management Area Manager Salary 4 years exp. (AmbitionBox Estimate)	₹10.7 L/yr - ₹11.5 L/yr
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BFSI, Investments & Trading Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.7 L/yr
Sales & Business Development Area Manager Salary 7 years exp. (AmbitionBox Estimate)	₹10.6 L/yr - ₹14.3 L/yr

Last Updated: 21 Aug 2024

Companies similar to Bajaj Finserv for Area Manager in Mumbai

Bajaj Finserv Area Manager Salary

4 - 12 years exp. (11 salaries)

₹7 L/yr - ₹14.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Area Manager Salary 1 - 8 years exp. (18 salaries)	₹3.3 L/yr - ₹10 L/yr 45% less
HDFC Sales Area Manager Salary 9 - 14 years exp. (11 salaries)	₹6.5 L/yr - ₹15 L/yr 22% less
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RBL FinServe Area Manager Salary 5 - 15 years exp. (5 salaries)	₹5 L/yr - ₹9.3 L/yr 34% less
Aditya Birla Capital Area Manager Salary 4 - 5 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 32% less
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (50 salaries)	₹7 L/yr - ₹12 L/yr 11% less	32 job openings

Area Manager salary at Bajaj Finserv ranges between ₹7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 11 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Area Manager salaries in Mumbai

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹4.1 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
10 years (3 salaries)	₹9 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr

View all

From

Area Manager

4 - 13 years exp.

Senior Area Collection 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.

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Team Lead Salary

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₹2.4 L/yr - ₹5 L/yr

Cluster Manager Salary

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₹10.05 L/yr - ₹18.83 L/yr

Top skills at Bajaj Finserv for Area Manager

Management Monitoring Debt Management Legal Cost Training People Management Skills Relationship Auditing Operational Risk Relationship Management Team Management Loans Recruitment Analytical skills

Salary related reviews for Bajaj Finserv

4.0

Rated by 2 employees for salary & benefits

Area Manager in Guwahati

Full Time

Finance & Accounting Department

2.0

• posted on 03 Oct 2024

2.0

for Salary and Benefits

Likes

Compensation you gets you salary on time. That's it.

Dislikes

No work life balance, no Holiday, not even Sunday, even on National holiday such as Independent day we are asking to work from home, no timeing of work hour, it starts from morning 9:00 until your work for the day is done, it hardly end before 10:00 pm. HR team are toothless people they don't have any say on employees welfare.

Salary - Poor

+6 more

Area Manager in Pune

Collection & Recovery Department

5.0

• posted on 28 Apr 2021

5.0

for Salary and Benefits

Likes

Every thing I like working with Bajaj whether it is work culture, Growth & Opportunities, Job Security, Compensation & Benefits, Work Life Balance and Skill Development and Learning. This all gives me Job Satisfaction. When we talk about Bajaj Work Culture then let me tell you it's a target oriented Company. Here we have to means we have to achieve every month target then only all the above mentioned things will be on placed.

Salary - Excellent

+6 more

Dislikes

There is no word for dislike here.

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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Top trending discussions

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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 Manager Salary FAQs

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

The average salary of a Area Manager at Bajaj Finserv in Mumbai typically ranges from ₹7.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Area Manager in Mumbai at Bajaj Finserv earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Area 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 10+ Bajaj Finserv employees in India.

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

The estimated take-home salary of a Area Manager at Bajaj Finserv in Mumbai typically ranges from ₹79,564 to ₹81,634 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 4 years to 12 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 Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Bajaj Finserv in Mumbai?

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

- Management
- Monitoring
- Debt Management
- Legal
- Cost

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

What is the salary of a Area Manager in companies similar to Bajaj Finserv in Mumbai?

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

ICICI Prudential Life Insurance	₹7.0 Lakhs to ₹12.0 Lakhs per year
HDFC Sales	₹6.5 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Capital	₹5.0 Lakhs to ₹8.0 Lakhs per year
RBL FinServe	₹5.0 Lakhs to ₹9.3 Lakhs per year
Motilal Oswal Financial Services	₹3.3 Lakhs to ₹10.0 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 Area Manager at Bajaj Finserv in Mumbai?

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

Experience	Average Salary Range
4 years	₹4.1 Lakhs to ₹11.5 Lakhs per year
5 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
6 years	₹9.6 Lakhs to ₹12.3 Lakhs per year
7 years	₹9.8 Lakhs to ₹12.5 Lakhs per year

and so on.

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Bajaj Finserv Area Manager Salaries in Mumbai

Bajaj Finserv Area Manager salary in Mumbai ranges between ₹7 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.