Bajaj Finserv Risk Manager Salaries by 60+ Employees (Updated 2025)

0 - 7 years exp.

₹3.3 Lakhs - ₹12 Lakhs

Salary of majority employees

36% less than the average Risk Manager Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Risk Management & Compliance Risk Manager Salary 0 - 6 years exp. (15 salaries)	₹4.5 L/yr - ₹14.1 L/yr
BFSI, Investments & Trading Risk Manager Salary 2 - 7 years exp. (14 salaries)	₹4.2 L/yr - ₹9.1 L/yr
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Finance & Accounting Risk Manager Salary 2 - 7 years exp. (12 salaries)	₹4.2 L/yr - ₹10.7 L/yr
Data Science & Analytics Risk Manager Salary 0 - 7 years exp. (10 salaries)	₹4.6 L/yr - ₹13.8 L/yr
Engineering - Software & QA Risk Manager Salary 2 - 6 years exp. (3 salaries)	₹6 L/yr - ₹9.3 L/yr

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Last Updated: 28 Jan 2025

Companies similar to Bajaj Finserv for Risk Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Risk Manager Salary 0 - 9 years exp. (7 salaries)	₹7 L/yr - ₹15 L/yr 42% more
Tata AIG Risk Manager Salary 5 - 8 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 25% more
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Reliance General Insurance Risk Manager Salary 1 - 10 years exp. (5 salaries)	₹2.8 L/yr - ₹13 L/yr 7% less
HDFC Bank Risk Manager Salary 1 - 10 years exp. (77 salaries)	₹3.8 L/yr - ₹14.9 L/yr 12% more
ICICI Bank Risk Manager Salary 0 - 10 years exp. (63 salaries)	₹5 L/yr - ₹20 L/yr 55% more
Axis Bank Risk Manager Salary 1 - 17 years exp. (33 salaries)	₹5.4 L/yr - ₹20 L/yr 62% more
Kotak Mahindra Bank Risk Manager Salary 0 - 17 years exp. (19 salaries)	₹4.2 L/yr - ₹12.5 L/yr 7% more
Wells Fargo Risk Manager Salary 4 - 15 years exp. (15 salaries)	₹14 L/yr - ₹37 L/yr 159% more
JPMorgan Chase & Co. Risk Manager Salary 2 - 13 years exp. (13 salaries)	₹10.5 L/yr - ₹30.5 L/yr 200% more
Aditya Birla Capital Risk Manager Salary 0 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹20.1 L/yr 55% more
State Bank of India Risk Manager Salary 5 - 11 years exp. (7 salaries)	₹16.5 L/yr - ₹27 L/yr 136% more
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Religare Risk Manager Salary 7 - 17 years exp. (7 salaries)	₹5 L/yr - ₹12 L/yr 4% more
Tata Capital Risk Manager Salary 0 - 4 years exp. (7 salaries)	₹7 L/yr - ₹13 L/yr 13% more
Edelweiss Risk Manager Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹10 L/yr 6% more
ICICI Securities Risk Manager Salary 1 - 12 years exp. (5 salaries)	₹6.1 L/yr - ₹19.2 L/yr 43% more
Mahindra Finance Risk Manager Salary 6 - 17 years exp. (5 salaries)	₹17.1 L/yr - ₹25.3 L/yr 176% more
Sharekhan Risk Manager Salary 0 - 5 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 50% less
Motilal Oswal Financial Services Risk Manager Salary 10 - 12 years exp. (3 salaries)	₹4 L/yr - ₹6.1 L/yr 41% less
Satya MicroCapital Risk Manager Salary 2 - 14 years exp. (3 salaries)	₹4.2 L/yr - ₹7.6 L/yr 19% less

Risk Manager salary at Bajaj Finserv ranges between ₹3.3 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 67 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Risk Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹6.5 L/yr - ₹9 L/yr
1 year (5 salaries)	₹7 L/yr - ₹11.6 L/yr
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2 years (14 salaries)	₹4 L/yr - ₹11 L/yr
3 years (11 salaries)	₹4 L/yr - ₹14 L/yr
4 years (9 salaries)	₹3.3 L/yr - ₹14.6 L/yr
5 years (9 salaries)	₹5.6 L/yr - ₹14.8 L/yr
6 years (9 salaries)	₹4 L/yr - ₹8.9 L/yr
7 years (6 salaries)	₹4.8 L/yr - ₹15.4 L/yr

View all

From

Risk Manager

0 - 7 years exp.

Senior Manager

₹

Lakhs/yr

4 - 13 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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Auditor Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Audit Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Senior Associate Salary

(5 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Internal Auditor Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Top skills at Bajaj Finserv for Risk Manager

Risk Analysis Risk Management Credit Cards Financial Risk Management Risk Analytics Risk Control Risk Assessment Analytical Ability Senior Management Presentation Skills Policy Making Cards Retail Liabilities Policy Management Risk Evaluation

Salary related reviews for Bajaj Finserv

3.8

Rated by 7 employees for salary & benefits

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

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

Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Nov 2024

5.0

for Salary and Benefits

Likes

"Salary and promotions are good, but when it comes to work-life balance, it's zero. We need to work on Sundays, and there's not enough time to spend with family. The working hours are from 10 AM to 9 PM."

Salary - Excellent

+1 more

Dislikes

Sunday working and office time

Work-life balance - Bad

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bajaj Finserv Risk Manager Salary FAQs

What is the salary of Risk Manager at Bajaj Finserv?

Risk Manager salary at Bajaj Finserv in India ranges between ₹3.3 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 36% less than the average Risk Manager Salary in India. Salary estimates are based on 67 latest salaries received from various employees of Bajaj Finserv India.

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

The average salary of a Risk Manager at Bajaj Finserv is 36% less than the average salary of a Risk Manager in India. To know exact salary insights, login to view.

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

Risk Analysis, Risk Management, Credit Cards, Financial Risk Management and Risk Analytics are some of the popular skills required to work as a Risk Manager at Bajaj Finserv India.

Which similar companies are paying more than Bajaj Finserv to a Risk Manager in India?

JPMorgan Chase & Co. Risk Manager Salary - ₹10.5 Lakhs to ₹30.5 Lakhs per year
Mahindra Finance Risk Manager Salary - ₹17.1 Lakhs to ₹25.3 Lakhs per year
Wells Fargo Risk Manager Salary - ₹14.0 Lakhs to ₹37.0 Lakhs per year
State Bank of India Risk Manager Salary - ₹16.5 Lakhs to ₹27.0 Lakhs per year
Axis Bank Risk Manager Salary - ₹5.4 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Risk Manager in companies similar to Bajaj Finserv in India?

Aditya Birla Capital Risk Manager Salary - ₹5.2 Lakhs to ₹20.1 Lakhs per year
ICICI Bank Risk Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
ICICI Securities Risk Manager Salary - ₹6.1 Lakhs to ₹19.2 Lakhs per year
ICICI Lombard General Insurance Company Risk Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Tata AIG Risk Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Risk Manager at Bajaj Finserv in India?

The estimated take-home salary of a Risk Manager at Bajaj Finserv ranges between ₹59,108 per month to ₹60,600 per month in India. The take-home salary calculation is based on the average Bajaj Finserv Risk Manager salary in India which ranges between ₹3.3 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Risk Manager at Bajaj Finserv?

According to AmbitionBox, 65% of the Bajaj Finserv Risk Managers reported a notice period of 3 Months, 13% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 37 responses on AmbitionBox in last 2 years.

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Bajaj Finserv Risk Manager Salaries

Bajaj Finserv Risk Manager salary in India ranges between ₹3.3 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 67 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.