Bajaj Housing Finance Mumbai Credit Manager Salaries by 4 Employees

1 - 4 years exp.

₹3.1 Lakhs - ₹10 Lakhs

Salary of majority employees

Fixed (81%)

₹4.1 Lakhs

Variable (19%)

₹1.0 Lakh

37% less than the average Credit Manager Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹5.5 L/yr
Login to view exact salary
Risk Management & Compliance Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.5 L/yr

Last Updated: 15 Jul 2024

Companies similar to Bajaj Housing Finance for Credit Manager in Mumbai

Bajaj Housing Finance Credit Manager Salary

1 - 4 years exp. (4 salaries)

₹3.1 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
InCred Finance Credit Manager Salary 2 - 9 years exp. (24 salaries)	₹4.1 L/yr - ₹10.4 L/yr 46% more
Kotak Mahindra Prime Credit Manager Salary 1 - 8 years exp. (17 salaries)	₹4.5 L/yr - ₹11 L/yr 62% more
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PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (19 salaries)	₹5 L/yr - ₹11.4 L/yr 63% more
Shubham Housing Development Finance Credit Manager Salary 2 - 10 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 9% less
Tata Capital Housing Finance Credit Manager Salary 4 - 14 years exp. (11 salaries)	₹5 L/yr - ₹13.3 L/yr 70% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹8 L/yr 1% more
Ugro Capital Credit Manager Salary 6 - 11 years exp. (7 salaries)	₹5.2 L/yr - ₹7.6 L/yr 26% more
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 210% more
Manba Finance Credit Manager Salary 2 - 8 years exp. (4 salaries)	₹3.7 L/yr - ₹8 L/yr 18% more
Hinduja Leyland Finance Credit Manager Salary 4 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹13.3 L/yr 72% more

Credit Manager salary at Bajaj Housing Finance ranges between ₹3.1 Lakhs to ₹10 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Housing Finance.

Experience wise Bajaj Housing Finance Credit Manager salaries in Mumbai

Last Updated: 15 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Bajaj Housing Finance

Sales Manager Salary

(100 salaries)

₹2.8 L/yr - ₹7.58 L/yr

Deputy Manager Salary

(8 salaries)

₹6 L/yr - ₹9.5 L/yr

Area Credit Manager Salary

(3 salaries)

₹11.6 L/yr - ₹16 L/yr

Branch Manager Salary

(3 salaries)

₹6 L/yr - ₹9.5 L/yr

Top skills at Bajaj Housing Finance for Credit Manager

Credit Management Credit Underwriting Credit Analysis Finance Home Loans P Credit Risk Management Mortgage Loans Accounting LI Credit Risk Analysis Lending Payments Banking Underwriting

Salary related reviews for Bajaj Housing Finance

1.0

Rated by 1 employees for salary & benefits

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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Bajaj Housing Finance Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Bajaj Housing Finance in Mumbai typically ranges from ₹3.1 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Credit Manager in Mumbai at Bajaj Housing Finance earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. 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 4 Bajaj Housing Finance employees in India.

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

The estimated take-home salary of a Credit Manager at Bajaj Housing Finance in Mumbai typically ranges from ₹38,358 to ₹39,548 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹10.0 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 4 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 Credit Manager at Bajaj Housing Finance in Mumbai?

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

- Credit Management
- Credit Underwriting
- Credit Analysis
- Finance
- Home Loans

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 Credit Manager in India?

LIC Housing Finance	₹12.2 Lakhs to ₹18.0 Lakhs per year
Hinduja Leyland Finance	₹7.3 Lakhs to ₹13.3 Lakhs per year
Tata Capital Housing Finance	₹5.0 Lakhs to ₹13.3 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹11.4 Lakhs per year
Kotak Mahindra Prime	₹4.5 Lakhs to ₹11.0 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 Credit Manager in companies similar to Bajaj Housing Finance in Mumbai?

The salary of a Credit 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:

InCred Finance	₹4.1 Lakhs to ₹10.4 Lakhs per year
Ugro Capital	₹5.2 Lakhs to ₹7.6 Lakhs per year
Manba Finance	₹3.7 Lakhs to ₹8.0 Lakhs per year
Sammaan Capital Limited	₹3.5 Lakhs to ₹8.0 Lakhs per year
Shubham Housing Development Finance	₹2.4 Lakhs to ₹6.0 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 Credit Manager at Bajaj Housing Finance in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.4 Lakhs to ₹5.7 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Bajaj Housing Finance Credit Manager Salaries in Mumbai

Bajaj Housing Finance Credit Manager salary in Mumbai ranges between ₹3.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Housing Finance latest salaries received from various employees of Bajaj Housing Finance.