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

0 - 9 years exp.

₹3.2 Lakhs - ₹8.3 Lakhs

Salary of majority employees

Fixed (79%)

₹4.7 Lakhs

Variable (21%)

₹1.2 Lakh

28% less than the average Credit Manager Salary in Financial Services Companies for 0 - 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 0 - 6 years exp. (6 salaries)	₹4 L/yr - ₹6.9 L/yr
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Risk Management & Compliance Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹8.3 L/yr

Last Updated: 23 Jan 2025

Companies similar to Bajaj Finserv for Credit Manager in Mumbai

Bajaj Finserv Credit Manager Salary

0 - 9 years exp. (21 salaries)

₹3.2 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (450 salaries)	₹4 L/yr - ₹15 L/yr 50% more	6 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (564 salaries)	₹4 L/yr - ₹16.5 L/yr 68% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (147 salaries)	₹4 L/yr - ₹15.3 L/yr 52% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (240 salaries)	₹4 L/yr - ₹13 L/yr 51% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (75 salaries)	₹4.6 L/yr - ₹14 L/yr 44% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (34 salaries)	₹3.6 L/yr - ₹11.4 L/yr 25% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (213 salaries)	₹3 L/yr - ₹13 L/yr 32% more	1 job opening
RBL Bank Credit Manager Salary 2 - 11 years exp. (27 salaries)	₹3 L/yr - ₹11.7 L/yr 17% more
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15.4 L/yr 130% more
Tata Capital Credit Manager Salary 0 - 10 years exp. (82 salaries)	₹3 L/yr - ₹12.4 L/yr 31% more	4 job openings
Aditya Birla Capital Credit Manager Salary 2 - 9 years exp. (39 salaries)	₹4.5 L/yr - ₹10.8 L/yr 26% more
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Edelweiss Credit Manager Salary 0 - 8 years exp. (17 salaries)	₹3.5 L/yr - ₹10.7 L/yr 5% more
Mahindra Finance Credit Manager Salary 5 - 13 years exp. (8 salaries)	₹4.7 L/yr - ₹12.7 L/yr 19% more
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 224% more
Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 10% less
Truhome Finance Credit Manager Salary 3 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹7.8 L/yr 20% more

Credit Manager salary at Bajaj Finserv ranges between ₹3.2 Lakhs to ₹8.3 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 21 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Credit Manager salaries in Mumbai

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (4 salaries)	₹4.1 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.1 L/yr
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)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
9 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.3 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

0 - 9 years exp.

Regional Credit Manager

₹

Lakhs/yr

5 - 17 years exp.

Credit Manager 0 - 9 years exp.

Area Credit Manager 4 - 14 years exp.

76% hike

Regional Credit Manager 5 - 17 years exp.

117% 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

(111 salaries)

₹2.4 L/yr - ₹8.7 L/yr

Credit Officer Salary

(3 salaries)

₹2 L/yr - ₹5.53 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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bajaj Finserv Credit Manager Salary FAQs

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

Credit Manager salary at Bajaj Finserv in Mumbai ranges between ₹3.2 Lakhs to ₹8.3 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 28% less than the average Credit Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Bajaj Finserv Mumbai.

How does the salary of a Credit Manager at Bajaj Finserv Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at Bajaj Finserv is 28% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Bajaj Finserv?

Credit Operations, Data Analysis, Interpersonal Skills, MIS and Sales are some of the popular skills required to work as a Credit Manager at Bajaj Finserv Mumbai.

Which similar companies are paying more than Bajaj Finserv to a Credit Manager in Mumbai?

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.6 Lakhs to ₹14.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.5 Lakhs to ₹10.8 Lakhs per year

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 ranges between ₹44,712 per month to ₹45,807 per month in Mumbai. The take-home salary calculation is based on the average Bajaj Finserv Credit Manager salary in India which ranges between ₹3.2 Lakhs to ₹8.3 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Bajaj Finserv in Mumbai?

According to AmbitionBox, 68% of the Bajaj Finserv Credit Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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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 21 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.