Bajaj Finserv Mumbai Associate Vice President Salaries by 4 Employees

8 - 13 years exp.

₹17 Lakhs - ₹56 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

11% more than the average Associate Vice President Salary in Financial Services Companies for 8 - 13 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Vice President Salary 9 years exp. (AmbitionBox Estimate)	₹26.1 L/yr - ₹31.9 L/yr
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Sales & Business Development Associate Vice President Salary 13 years exp. (AmbitionBox Estimate)	₹32 L/yr - ₹39.1 L/yr

Last Updated: 21 Aug 2024

Companies similar to Bajaj Finserv for Associate Vice President in Mumbai

Bajaj Finserv Associate Vice President Salary

8 - 13 years exp. (4 salaries)

₹17 L/yr - ₹56 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Vice President Salary 6 - 20 years exp. (648 salaries)	₹13 L/yr - ₹46.5 L/yr 10% less	1 job opening
HSBC Group Associate Vice President Salary 4 - 17 years exp. (129 salaries)	₹10.1 L/yr - ₹35 L/yr 35% less	7 job openings
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UBS Associate Vice President Salary 8 - 17 years exp. (90 salaries)	₹17.2 L/yr - ₹45 L/yr 10% less
Citicorp Associate Vice President Salary 8 - 17 years exp. (89 salaries)	₹19.4 L/yr - ₹45 L/yr 3% more
Motilal Oswal Financial Services Associate Vice President Salary 8 - 20 years exp. (56 salaries)	₹11.1 L/yr - ₹46.1 L/yr 25% less
Morgan Stanley Associate Vice President Salary 8 - 14 years exp. (48 salaries)	₹12.9 L/yr - ₹42.5 L/yr 19% less
Aditya Birla Capital Associate Vice President Salary 5 - 13 years exp. (18 salaries)	₹16 L/yr - ₹55.8 L/yr 8% less
BNP Paribas Associate Vice President Salary 10 - 20 years exp. (13 salaries)	₹12.8 L/yr - ₹45 L/yr 8% less
Marsh McLennan Associate Vice President Salary 12 - 19 years exp. (4 salaries)	₹21.1 L/yr - ₹30 L/yr 27% less
Reliance Capital Associate Vice President Salary 10 - 22 years exp. (3 salaries)	₹18 L/yr - ₹20 L/yr 44% less

Associate Vice President salary at Bajaj Finserv ranges between ₹17 Lakhs to ₹56 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Associate Vice President salaries in Mumbai

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹26.1 L/yr - ₹33.3 L/yr
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11 years (AmbitionBox Estimate)	₹53.2 L/yr - ₹58.8 L/yr
13 years (AmbitionBox Estimate)	₹32 L/yr - ₹40.8 L/yr

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Salary related reviews for Bajaj Finserv

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 25 Jun 2024

4.0

for Salary and Benefits

Likes

Bajaj Finserv is very good company to work for specially for women's employee..There are great benefits for women's so that there career won't harm because of other responsibilities...Work culture is very good and safe..

Salary - Good

+5 more

Dislikes

Promotions Salary is little low

Promotions - Poor

QA Tester in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 21 Mar 2025

1.0

for Salary and Benefits

Likes

Long term Projects available

Dislikes

... No work from home policy Only allowed who's employees are closed with manager. Parishilit with off roll emp and on roll emp Low Salary they are given. After 2-3 years they will increase like 2 k min. And if u discuss any personal issue with mang or TL and ur performance is low then that personal issue raised in daily standup meeting in front of all. IN TIME IS FIXED BUT u have to compromise ur out time So bad culture n mental harassment is more compared with others teams

Salary - Bad

+6 more

Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

You get ample opportunities to learn new things.

Salary - Good

+1 more

Dislikes

...ing leave balance. 7. No buy out policy (despite of available in hr policies) 8. Held salary for 3 months despite not having any such policy and compelled to revoke resignation by blackmailing on salary release. 9. HR is not employee centric.

Promotions - Poor

+3 more

Finance Executive in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 30 Nov 2024

5.0

for Salary and Benefits

Likes

Work and experience is very high level and salary and incentive next leven but office politics is very high level no stuck promotion and manger support zero pressure hight level.

Salary - Excellent

+2 more

Dislikes

Working culture is very boring and must pressur be like manger will more pressure me how to you do bussiness and conversion

Job security - Bad

+2 more

Collections Manager in Kozhikode

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2024

1.0

for Salary and Benefits

Likes

No likes

Skill development - Good

+1 more

Dislikes

...ht also concall tourchering. Acms forces to make fund in month end . Full loss. Bajaj lending money to customers without looking repayment capacity, and recruiting Collection RO s and force them to pay customers debts 😃. I only worked 1 year, in Major location . I lost lots of money . Now I resigned , now new pigs are ready for them .there only 1 relaxation no strict office timing , wherever getting tourchering abusive languages from top level management. Bajaj is a good company ,I think the middle level managers creating such waste things .that will spoil most of them carrier journey.i am also a member.

Salary - Bad

+4 more

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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 Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Bajaj Finserv in Mumbai?

The average salary of a Associate Vice President at Bajaj Finserv in Mumbai typically ranges from ₹17.0 Lakhs to ₹56.0 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Associate Vice President in Mumbai at Bajaj Finserv earn more than ₹56.0 Lakhs per year, and the top 1% earn over ₹56.0 Lakhs per year. Associate Vice President 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 4 Bajaj Finserv employees in India.

What is the estimated take home salary of a Associate Vice President at Bajaj Finserv in Mumbai?

The estimated take-home salary of a Associate Vice President at Bajaj Finserv in Mumbai typically ranges from ₹2,08,395 to ₹2,16,680 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹56.0 Lakhs per year for employees with experience ranging from 8 years to 13 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 Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finserv for Associate Vice President in India?

Citicorp

₹19.4 Lakhs to ₹45.0 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.

What is the salary of a Associate Vice President in companies similar to Bajaj Finserv in Mumbai?

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

Aditya Birla Capital	₹16.0 Lakhs to ₹55.8 Lakhs per year
BNP Paribas	₹12.8 Lakhs to ₹45.0 Lakhs per year
UBS	₹17.2 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹13.0 Lakhs to ₹46.5 Lakhs per year
Morgan Stanley	₹12.9 Lakhs to ₹42.5 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 Associate Vice President at Bajaj Finserv in Mumbai?

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

Experience	Average Salary Range
8 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
9 years	₹26.1 Lakhs to ₹33.3 Lakhs per year
11 years	₹53.2 Lakhs to ₹58.8 Lakhs per year
13 years	₹32.0 Lakhs to ₹40.8 Lakhs per year

and so on.

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Bajaj Finserv Associate Vice President Salaries in Mumbai

Bajaj Finserv Associate Vice President salary in Mumbai ranges between ₹17 Lakhs to ₹56 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.