Bajaj Housing Finance Mumbai Area Manager Salaries by 10+ Employees (Updated 2025)

6 - 13 years exp.

₹8 Lakhs - ₹16.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% more than the average Area Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

Sales & Business Development Area Manager Salary 6 - 13 years exp. (8 salaries)	₹10.1 L/yr - ₹16.5 L/yr
Marketing & Communication Area Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹16 L/yr
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BFSI, Investments & Trading Area Manager Salary 12 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14.2 L/yr
Finance & Accounting Area Manager Salary 10 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹14.1 L/yr

Last Updated: 12 Mar 2025

Companies similar to Bajaj Housing Finance for Area Manager in Mumbai

Bajaj Housing Finance Area Manager Salary

6 - 13 years exp. (13 salaries)

₹8 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
LIC Housing Finance Area Manager Salary 6 - 12 years exp. (3 salaries)	₹20 L/yr - ₹25 L/yr 79% more
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (50 salaries)	₹7 L/yr - ₹12 L/yr 25% less	33 job openings
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Amazon Area Manager Salary 2 - 14 years exp. (38 salaries)	₹8.6 L/yr - ₹31 L/yr 32% more	21 job openings
HDFC Life Area Manager Salary 11 years exp. (32 salaries)	₹13.3 L/yr - ₹19 L/yr 11% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 10 years exp. (31 salaries)	₹5.3 L/yr - ₹9 L/yr 47% less

Area Manager salary at Bajaj Housing Finance ranges between ₹8 Lakhs to ₹16.5 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of Bajaj Housing Finance.

Experience wise Bajaj Housing Finance Area Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
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8 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.8 L/yr
10 years (5 salaries)	₹8 L/yr - ₹16.5 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16 L/yr

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Similar Designation salaries in Bajaj Housing Finance

Sales Manager Salary

(99 salaries)

₹2.8 L/yr - ₹7.58 L/yr

Area Sales Manager Salary

(47 salaries)

₹6 L/yr - ₹18 L/yr

Sales Officer Salary

(24 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Regional Manager Salary

(12 salaries)

₹17.5 L/yr - ₹35 L/yr

Deputy Manager Salary

(8 salaries)

₹6 L/yr - ₹9.5 L/yr

Cluster Manager Salary

(7 salaries)

₹15 L/yr - ₹21 L/yr

Top skills at Bajaj Housing Finance for Area Manager

Finance Working Capital

Salary related reviews for Bajaj Housing Finance

3.4

Rated by 3 employees for salary & benefits

Branch Manager in Satna

BFSI, Investments & Trading Department

3.0

• posted on 13 Oct 2021

2.0

for Salary and Benefits

Likes

Had a terrible job in which had a big pressure with no any sales executives even having big targets. Daily con calls with all abusive language.

Skill development - Good

Dislikes

...lofar type abusive language. No medical insurance provided for family persons. LAPTOP PROVIDED BUT FROM EMPLOYEE SALARY DEDUCTION. SHIRT NOTICE PAYBACK AMOUNT NOT GIVEN EVEN BRING ME EARLY FROM PREV COMPANY.

Salary - Poor

+5 more

Sales Officer in Sujangarh

Other Department

2.0

• posted on 07 Dec 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are good, appraisal are fair and they good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Branch Manager in Adoni

BFSI, Investments & Trading Department

5.0

• posted on 29 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Sales Manager in Dahod

BFSI, Investments & Trading Department

5.0

• posted on 16 Oct 2020

4.0

for Salary and Benefits

Likes

In pandemic crisis our company should support us financially by giving full salary without any deduction. Also our company assure us our job will be safe and similarly they should guide us and our family for medical precautions to fight with covid-19.

Salary - Good

+6 more

Dislikes

High pressure of work

Assistant Sales Manager in Chennai

DHL (HOUSING LOAN) Department

3.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Target is high , Sunday also working day , shift time from morning 9.30 to eve 8pm some time it may extend.. if we achieve target means no prblm or else we have to face ugly words from managers .

Dislikes

Salary is low and career growth also slow .

Skill development - Poor

+4 more

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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 Housing Finance Area Manager Salary FAQs

What is the salary of Area Manager at Bajaj Housing Finance in Mumbai?

The average salary of a Area Manager at Bajaj Housing Finance in Mumbai typically ranges from ₹8.0 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Area Manager in Mumbai at Bajaj Housing Finance earn more than ₹16.1 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Area Manager Salaries at Bajaj Housing Finance 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 10+ Bajaj Housing Finance employees in India.

What is the estimated take home salary of a Area Manager at Bajaj Housing Finance in Mumbai?

The estimated take-home salary of a Area Manager at Bajaj Housing Finance in Mumbai typically ranges from ₹92,478 to ₹94,957 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 6 years to 13 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 10+ salaries received from various employees of Bajaj Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Area Manager at Bajaj Housing Finance in Mumbai?

To be a Area Manager at Bajaj Housing Finance in Mumbai, the key skills required include:

- Finance
- Working Capital

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

Which companies offer higher salaries than Bajaj Housing Finance for Area Manager in India?

LIC Housing Finance	₹20.0 Lakhs to ₹25.0 Lakhs per year
Amazon	₹8.6 Lakhs to ₹31.0 Lakhs per year
HDFC Life	₹13.3 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bajaj Housing Finance, depending on the role and experience level.

What is the salary of a Area Manager in companies similar to Bajaj Housing Finance in Mumbai?

The salary of a Area Manager at companies similar to Bajaj Housing Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹7.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹5.3 Lakhs to ₹9.0 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 Area Manager at Bajaj Housing Finance in Mumbai?

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

Experience	Average Salary Range
6 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
7 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
8 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
9 years	₹11.5 Lakhs to ₹14.8 Lakhs per year

and so on.

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Bajaj Housing Finance Area Manager Salaries in Mumbai

Bajaj Housing Finance Area Manager salary in Mumbai ranges between ₹8 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bajaj Housing Finance latest salaries received from various employees of Bajaj Housing Finance.