Bajaj Finserv SM Salaries by 5 Employees

1 - 4 years exp.

₹3.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

49% less than the average SM Salary in Financial Services Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 15 May 2024

Companies similar to Bajaj Finserv for SM

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital SM Salary 1 - 8 years exp. (6 salaries)	₹3.6 L/yr - ₹6.8 L/yr 20% more
IDFC FIRST Bharat SM Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹13.5 L/yr 119% more
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Reliance Capital SM Salary 1 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹5 L/yr 32% less
Reliance Retail SM Salary 2 - 16 years exp. (37 salaries)	₹3.5 L/yr - ₹9.2 L/yr 26% more

SM salary at Bajaj Finserv ranges between ₹3.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv SM salaries

Last Updated: 15 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹7.7 L/yr
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹7.8 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹6 L/yr

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Salary related reviews for Bajaj Finserv

2.5

Rated by 3 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

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

Sales Executive in Vijayawada

Full Time

Sales & Business Development Department

4.0

• posted on 16 Apr 2024

2.0

for Salary and Benefits

Likes

It Helps me increase my communication skills with complete strangers

Skill development - Good

+1 more

Dislikes

There's no work life balance, we need to work on holidays and weekends and what not the salary and the benefits were nothing more than a shitt....

Salary - Poor

+2 more

Officer in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Mar 2024

4.0

for Salary and Benefits

Likes

I would like to work at bajajfinserv.in because it is a leading financial services company in India that offers a wide range of products and services to its customers. I am confident that I can contribute to the growth and success of the company with my skills and abilities.

Salary - Good

+5 more

Dislikes

• Pressure • Salary not justified by work pressure

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

see more salary related reviews

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a manager - business analyst

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 SM Salary FAQs

What is the salary of SM at Bajaj Finserv ?

The average salary of a SM at Bajaj Finserv in India typically ranges from ₹3.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of SM at Bajaj Finserv earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. SM 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 5 Bajaj Finserv employees in India.

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

The estimated take-home salary of a SM at Bajaj Finserv in India typically ranges from ₹32,212 to ₹33,494 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 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 SM in India?

IDFC FIRST Bharat	₹5.0 Lakhs to ₹13.5 Lakhs per year
Reliance Retail	₹3.5 Lakhs to ₹9.2 Lakhs per year
Aditya Birla Capital	₹3.6 Lakhs to ₹6.8 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 SM in companies similar to Bajaj Finserv in India?

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

Reliance Capital

₹1.9 Lakhs to ₹5.0 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 SM at Bajaj Finserv in India?

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

Experience	Average Salary Range
1 year	₹3.8 Lakhs to ₹7.7 Lakhs per year
2 years	₹4.2 Lakhs to ₹7.8 Lakhs per year
3 years	₹1.7 Lakhs to ₹5.2 Lakhs per year
4 years	₹1.8 Lakhs to ₹6.0 Lakhs per year

and so on.

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Bajaj Finserv SM Salaries

Bajaj Finserv SM salary in India ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.