Bajaj Housing Finance Cluster Credit Manager Salaries by 10+ Employees

8 - 13 years exp.

₹10.7 Lakhs - ₹19.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% more than the average Cluster Credit Manager Salary in NBFC Companies for 8 - 13 years of experience

Interested in this particular role?

Last Updated: 17 Nov 2024

Companies similar to Bajaj Housing Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (38 salaries)	₹7 L/yr - ₹12.5 L/yr 26% less
Finova Capital Cluster Credit Manager Salary 2 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹8 L/yr 61% less
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Ugro Capital Cluster Credit Manager Salary 4 - 14 years exp. (15 salaries)	₹6.5 L/yr - ₹12.5 L/yr 24% less
IKF Finance Cluster Credit Manager Salary 5 - 14 years exp. (12 salaries)	₹5.8 L/yr - ₹10.4 L/yr 41% less
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 58% less
Kogta Financial India Limited Cluster Credit Manager Salary 9 - 13 years exp. (6 salaries)	₹5.4 L/yr - ₹9 L/yr 43% less
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 17% less
Light Microfinance Cluster Credit Manager Salary 8 - 12 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 63% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 4% less
Electronica Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 48% less

Cluster Credit Manager salary at Bajaj Housing Finance ranges between ₹10.7 Lakhs to ₹19.6 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 12 latest salaries received from various employees of Bajaj Housing Finance.

Latest annual salaries shared by Bajaj Housing Finance Cluster Credit Manager

3mo ago

₹17 Lakhs

13 years exp.

5mo ago

₹19.6 Lakhs

12 years exp.

11mo ago

₹16 Lakhs

11 years exp.

1y ago

₹10.7 Lakhs

10 years exp.

1y ago

₹14 Lakhs

11 years exp.

1y ago

9 years exp.

1y ago

10 years exp.

1y ago

8 years exp.

1y ago

10 years exp.

1y ago

12 years exp.

Experience wise Bajaj Housing Finance Cluster Credit Manager salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.8 L/yr
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10 years (3 salaries)	₹10.7 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	₹14 L/yr - ₹16 L/yr
12 years (3 salaries)	₹6.2 L/yr - ₹19.6 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17 L/yr

View all

Similar Designation salaries in Bajaj Housing Finance

Area Credit Manager Salary

(55 salaries)

₹6 L/yr - ₹16 L/yr

Deputy Credit Manager Salary

(37 salaries)

₹4.6 L/yr - ₹7.9 L/yr

Branch Credit Manager Salary

(18 salaries)

₹3 L/yr - ₹6.95 L/yr

Zonal Credit Manager Salary

(7 salaries)

₹27 L/yr - ₹50 L/yr

Assistant Credit Manager Salary

(86 salaries)

₹2.9 L/yr - ₹5 L/yr

Regional Credit Manager Salary

(14 salaries)

₹15 L/yr - ₹29 L/yr

Credit Manager Salary

(124 salaries)

₹2 L/yr - ₹7.8 L/yr

Relationship Manager Salary

(14 salaries)

₹2.1 L/yr - ₹5.05 L/yr

Credit Officer Salary

(152 salaries)

₹1.8 L/yr - ₹3.25 L/yr

Branch Manager Salary

(63 salaries)

₹3 L/yr - ₹9.3 L/yr

Salary related reviews for Bajaj Housing Finance

Credit Manager in Gwalior

Full Time

Sales & Business Development Department

3.0

• posted on 22 Oct 2023

3.0

for Salary and Benefits

Likes

Except salary, nothing is here to like. There is no work life balance, No body will talk about your working hours neither management nor your RM. If you have family, then don't join BHFL. You life got sucks, you will have to work till 1-2 AM in every month at least five days in a month.

Dislikes

Everything except Salary.

Promotions - Bad

+2 more

Credit Officer in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

1.0

for Salary and Benefits

Likes

They give opportunity to learn more than you know, they really makes you very knowledgeable.

Dislikes

Many things like salary as per work capabilities, bosses rules the office, discrimination (difference between on roll employees and off roll employees), and much many things like these.

Salary - Bad

+5 more

Area Credit Manager in Pune

Full Time

Other Department

3.0

• posted on 05 Jun 2023

5.0

for Salary and Benefits

Likes

...for personal development and good opportunities being a growth stage company. Compensation packages are great.

Salary - Excellent

+3 more

Dislikes

No work life balance. You need to be available 24*7*365. No leaves, holidays, fixed working hours or breaks.

Company culture - Bad

+1 more

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

see more salary related reviews

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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 Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Bajaj Housing Finance ?

The average salary of a Cluster Credit Manager at Bajaj Housing Finance in India typically ranges from ₹10.7 Lakhs to ₹19.6 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Cluster Credit Manager at Bajaj Housing Finance earn more than ₹18.1 Lakhs per year, and the top 1% earn over ₹19.6 Lakhs per year. Cluster Credit 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 Cluster Credit Manager at Bajaj Housing Finance in India?

The estimated take-home salary of a Cluster Credit Manager at Bajaj Housing Finance in India typically ranges from ₹98,511 to ₹1,01,184 per month. This is based on the average salary range of ₹10.7 Lakhs to ₹19.6 Lakhs per year for employees with experience ranging from 8 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 is the salary of a Cluster Credit Manager in companies similar to Bajaj Housing Finance in India?

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

Hero FinCorp	₹5.0 Lakhs to ₹20.3 Lakhs per year
Kotak Mahindra Prime	₹7.0 Lakhs to ₹16.0 Lakhs per year
Ugro Capital	₹6.5 Lakhs to ₹12.5 Lakhs per year
Vistaar Finance	₹7.0 Lakhs to ₹12.5 Lakhs per year
IKF Finance	₹5.8 Lakhs to ₹10.4 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 Cluster Credit Manager at Bajaj Housing Finance in India?

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

Experience	Average Salary Range
8 years	₹11.0 Lakhs to ₹21.0 Lakhs per year
9 years	₹11.0 Lakhs to ₹22.8 Lakhs per year
10 years	₹10.7 Lakhs to ₹13.8 Lakhs per year
11 years	₹14.0 Lakhs to ₹16.0 Lakhs per year

and so on.

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Bajaj Housing Finance Cluster Credit Manager Salaries

Bajaj Housing Finance Cluster Credit Manager salary in India ranges between ₹10.7 Lakhs to ₹19.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bajaj Housing Finance latest salaries received from various employees of Bajaj Housing Finance.