Bajaj Finserv Mumbai Credit Manager Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹3.2 Lakhs - ₹8.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Credit Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 6 years exp. (10 salaries)	₹3.2 L/yr - ₹7.8 L/yr
Finance & Accounting Credit Manager Salary 2 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹6.9 L/yr
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Risk Management & Compliance Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹8.3 L/yr

Last Updated: 15 Mar 2025

Companies similar to Bajaj Finserv for Credit Manager in Mumbai

Bajaj Finserv Credit Manager Salary

2 - 9 years exp. (20 salaries)

₹3.2 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Credit Manager Salary 3 - 9 years exp. (38 salaries)	₹4.5 L/yr - ₹10.6 L/yr 14% more
Citicorp Credit Manager Salary 5 - 12 years exp. (7 salaries)	₹7.5 L/yr - ₹27.9 L/yr 178% more
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JPMorgan Chase & Co. Credit Manager Salary 3 - 5 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 365% more
ICICI Bank Credit Manager Salary 0 - 12 years exp. (562 salaries)	₹4 L/yr - ₹17.4 L/yr 63% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (455 salaries)	₹4 L/yr - ₹15 L/yr 53% more	13 job openings

Credit Manager salary at Bajaj Finserv ranges between ₹3.2 Lakhs to ₹8.3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 20 latest salaries received from various employees of Bajaj Finserv.

Latest annual salaries shared by Bajaj Finserv Credit Manager in Mumbai

3w ago

₹7.8 Lakhs

6 years exp.

4w ago

₹4.5 Lakhs

3 years exp.

2mo ago

₹5.5 Lakhs

6 years exp.

3mo ago

₹5 Lakhs

6 years exp.

4mo ago

₹6.5 Lakhs

2 years exp.

4mo ago

9 years exp.

9mo ago

5 years exp.

10mo ago

6 years exp.

11mo ago

5 years exp.

1y ago

6 years exp.

Experience wise Bajaj Finserv Credit Manager salaries in Mumbai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
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4 years (3 salaries)	₹4.1 L/yr - ₹6.9 L/yr
5 years (5 salaries)	₹3.2 L/yr - ₹7.7 L/yr
6 years (5 salaries)	₹5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.9 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

1 - 9 years exp.

Regional Credit Manager

₹

Lakhs/yr

5 - 17 years exp.

Credit Manager 1 - 9 years exp.

Area Credit Manager 4 - 14 years exp.

64% hike

Regional Credit Manager 5 - 17 years exp.

122% 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 Finserv

Sales Manager Salary

(115 salaries)

₹1.4 L/yr - ₹8.7 L/yr

Top skills at Bajaj Finserv for Credit Manager

Credit Operations Data Analysis Interpersonal Skills MIS Sales Auditing Credit Cards Training Social Media SMS Loans Publishing Monitoring Product Marketing Conceptualization

Salary related reviews for Bajaj Finserv

4.0

Rated by 4 employees for salary & benefits

Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Salary, Incentive Part, Contest, Promotion as said, Support in learning, Transparency.

Salary - Excellent

+5 more

Dislikes

Work culture, Unspecified schedule. Totally depends on the behavior of your reporting manager. If found good then its all good, if not your work-life may dis-balance.

Credit Manager in Hosapete

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 24 Mar 2023

2.0

for Salary and Benefits

Likes

...in the form of leader) you may easy to sustained for the long period of Time. 3. Good hike in salary, Pormotios are there except Credit/operation deaprtment.

Skill development - Excellent

+1 more

Dislikes

1. NO leaves & no weekly off, it must be difficult balance with personal life.

Salary - Poor

+3 more

Credit Manager in You Have To Work Everywhere Even On Road

Credit Department

1.0

• posted on 11 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing is there to like in BFL

Dislikes

...any we believe that customer is everything to us but in BFL totally opposite, One more bad policy of bajaj is that shit laptop for which you have to pay, if you resigned from job u have to pay full amount for this cheap product provided by the company and they charge 70000 to 80000 for 25000-30000 Rs laptop, they are just looting everyone, i will never suggest anyone to join BFL if you have some self respect and some social values. I will give -100/10

Salary - Bad

+6 more

Credit Manager in Pune

Credit Ops Department

1.0

• posted on 06 Nov 2019

3.0

for Salary and Benefits

Likes

With so many negativities, they still pay you good enough to keep your mouth shut. Working in BFL I got an idea of how they are misconducting and cheating the Indian customers.

Dislikes

There's nothing that I liked in this pathetic company. Just manipulating data and counts so that their market share doesn't dip. All senior Management people are nothing but scammers and develop new ideas to cheat people. Spineless morons, actually.

Skill development - Bad

+5 more

Credit Manager in Indore

finance credit personnel loan Department

3.0

• posted on 01 Nov 2018

3.0

for Salary and Benefits

Likes

only satisfaction for receiving salary on time.

Dislikes

bad experience from company, rules being making good atmosphere for employees but disappoint from company rules and regulations ignored these kind of such bad atmosphere and company atmosphere not have any support and secure for female employee.

Skill development - Poor

+5 more

see more salary related reviews

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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 Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Bajaj Finserv in Mumbai typically ranges from ₹3.2 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Credit Manager in Mumbai at Bajaj Finserv earn more than ₹7.9 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. 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 20+ Bajaj Finserv employees in India.

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

The estimated take-home salary of a Credit Manager at Bajaj Finserv in Mumbai typically ranges from ₹46,313 to ₹47,411 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 2 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 20+ 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 Credit Manager at Bajaj Finserv in Mumbai?

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

- Credit Operations
- Data Analysis
- Interpersonal Skills
- MIS
- Sales

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

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

JPMorgan Chase & Co.	₹22.5 Lakhs to ₹40.0 Lakhs per year
Citicorp	₹7.5 Lakhs to ₹27.9 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹17.4 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Capital	₹4.5 Lakhs to ₹10.6 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 Credit Manager at Bajaj Finserv in Mumbai?

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

Experience	Average Salary Range
2 years	₹4.1 Lakhs to ₹6.5 Lakhs per year
3 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
4 years	₹4.1 Lakhs to ₹6.9 Lakhs per year
5 years	₹3.2 Lakhs to ₹7.7 Lakhs per year

and so on.

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Bajaj Finserv Credit Manager Salaries in Mumbai

Bajaj Finserv Credit Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.