Bajaj Finserv Manager M1 Salaries by 4 Employees (Updated 2025)

6 - 9 years exp.

₹4.6 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Manager M1 Salary in Financial Services Companies for 6 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.6 L/yr
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Customer Success, Service & Operations Manager M1 Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹8.5 L/yr

Last Updated: 18 Jan 2025

Companies similar to Bajaj Finserv for Manager M1

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Manager M1 Salary 4 - 17 years exp. (8 salaries)	₹4.7 L/yr - ₹11.3 L/yr 30% more
Wells Fargo Manager M1 Salary 8 - 15 years exp. (5 salaries)	₹8.4 L/yr - ₹21 L/yr 133% more
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Morgan Stanley Manager M1 Salary 4 - 8 years exp. (4 salaries)	₹25 L/yr - ₹27.5 L/yr 346% more
Citicorp Manager M1 Salary 7 - 11 years exp. (4 salaries)	₹17.9 L/yr - ₹24 L/yr 247% more
JPMorgan Chase & Co. Manager M1 Salary 6 - 16 years exp. (4 salaries)	₹14 L/yr - ₹25 L/yr 237% more
Cholamandalam Investment & Finance Manager M1 Salary 6 - 12 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 3% more
HSBC Group Manager M1 Salary 7 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹13.5 L/yr 90% more

Manager M1 salary at Bajaj Finserv ranges between ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Manager M1 salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for Bajaj Finserv

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

Deputy Manager in Mirzapur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Only salary is the thing which is liked about Bajaj Finserv, otherwise there is nothing in this company which anyone can like.

Salary - Good

+1 more

Dislikes

Working Environment, misbehaviour, poor work life balance, there is no working time in the company and many more things which I don't like about them.

Skill development - Bad

+3 more

Team Manager in Pune

Full Time

Marketing & Communication Department

1.0

• posted on 19 Mar 2024

3.0

for Salary and Benefits

Likes

No work life balance. It's 12 hrs or more than 12 hrs working time everyday. Saturday working. Heavy work pressure. Even you have to forget about having food. Almost every you won't be able to have food on time or have skip your lunch or dinner or both. No leaves. You cannot take leaves due to work pressure.

Dislikes

Good salary

Skill development - Bad

+4 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.

Operations Executive in Gathwa

Finance & Accounting Department

3.0

• posted on 08 Aug 2020

2.0

for Salary and Benefits

Likes

They have lowered down salary but didn't laid off.

Dislikes

You will have to sell every product of bajaj finserv as well as bajaj alliance. Despite of working in Bajaj finserv you will have to sell alliance products with heigh pressure even you are in operations department

Salary - Poor

+2 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bajaj Finserv Manager M1 Salary FAQs

What is the salary of Manager M1 at Bajaj Finserv ?

The average salary of a Manager M1 at Bajaj Finserv in India typically ranges from ₹4.6 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Manager M1 at Bajaj Finserv earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Manager M1 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 Manager M1 at Bajaj Finserv in India?

The estimated take-home salary of a Manager M1 at Bajaj Finserv in India typically ranges from ₹44,442 to ₹45,541 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 6 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 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 Manager M1 in India?

Morgan Stanley	₹25.0 Lakhs to ₹27.5 Lakhs per year
Citicorp	₹17.9 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co.	₹14.0 Lakhs to ₹25.0 Lakhs per year
Wells Fargo	₹8.4 Lakhs to ₹21.0 Lakhs per year
HSBC Group	₹8.5 Lakhs to ₹13.5 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 Manager M1 in companies similar to Bajaj Finserv in India?

The salary of a Manager M1 at companies similar to Bajaj Finserv in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services	₹4.7 Lakhs to ₹11.3 Lakhs per year
Cholamandalam Investment & Finance	₹6.0 Lakhs to ₹8.5 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 Manager M1 at Bajaj Finserv in India?

The salary growth for a Manager M1 at Bajaj Finserv depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at Bajaj Finserv:

Experience	Average Salary Range
6 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
7 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Bajaj Finserv Manager M1 Salaries

Bajaj Finserv Manager M1 salary in India ranges between ₹4.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.

Bajaj Finserv Manager M1 salaries in India (Updated 2025)

Companies similar to Bajaj Finserv for Manager M1

Latest annual salaries shared by Bajaj Finserv Manager M1

Experience wise Bajaj Finserv Manager M1 salaries

Similar Designation salaries in Bajaj Finserv

Salary related reviews for Bajaj Finserv

Area Manager in Guwahati

Deputy Manager in Mirzapur

Team Manager in Pune

Area Manager in Pune

Operations Executive in Gathwa

Bajaj Finserv Manager M1 Salary FAQs

Tell us how to improve this page.