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Bajaj Housing Finance Credit Manager salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹3.1 Lakhs - ₹10 Lakhs
Salary of majority employees
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Fixed (81%)
₹4.1 Lakhs
Variable (19%)
₹1.0 Lakh
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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)
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₹3.1 L/yr - ₹5.5 L/yr

Risk Management & Compliance
Credit Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹10.5 L/yr

Last Updated: 15 Jul 2024

Companies similar to Bajaj Housing Finance for Credit Manager in Mumbai

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Bajaj Housing Finance Credit Manager Salary

1 - 4 years exp. (4 salaries)

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₹3.1 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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InCred Finance Credit Manager Salary

2 - 9 years exp. (24 salaries)

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₹4.1 L/yr - ₹10.4 L/yr

arrow icon 46% more
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Kotak Mahindra Prime Credit Manager Salary

1 - 8 years exp. (17 salaries)

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₹4.5 L/yr - ₹11 L/yr

arrow icon 62% more
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PNB Housing Finance Credit Manager Salary

0 - 10 years exp. (19 salaries)

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₹5 L/yr - ₹11.4 L/yr

arrow icon 63% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 9% less
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₹5 L/yr - ₹13.3 L/yr

arrow icon 70% more
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₹3.5 L/yr - ₹8 L/yr

arrow icon 1% more
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Ugro Capital Credit Manager Salary

6 - 11 years exp. (7 salaries)

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₹5.2 L/yr - ₹7.6 L/yr

arrow icon 26% more
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LIC Housing Finance Credit Manager Salary

3 - 11 years exp. (4 salaries)

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₹12.2 L/yr - ₹18 L/yr

arrow icon 210% more
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Manba Finance Credit Manager Salary

2 - 8 years exp. (4 salaries)

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₹3.7 L/yr - ₹8 L/yr

arrow icon 18% more
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Hinduja Leyland Finance Credit Manager Salary

4 - 18 years exp. (4 salaries)

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₹7.3 L/yr - ₹13.3 L/yr

arrow icon 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.

Latest annual salaries shared by Bajaj Housing Finance Credit Manager in Mumbai

8mo ago
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1 year exp.

Experience wise Bajaj Housing Finance Credit Manager salaries in Mumbai

Last Updated: 15 Jul 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Bajaj Housing Finance

Sales Manager Salary
(100 salaries)
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₹2.8 L/yr - ₹7.58 L/yr
Deputy Manager Salary
(8 salaries)
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₹6 L/yr - ₹9.5 L/yr
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₹11.6 L/yr - ₹16 L/yr
Branch Manager Salary
(3 salaries)
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₹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

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.

read more

Dislikes

Everything except Salary.

  • Promotions - Bad
  • +2 more

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • 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

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.

read more
  • 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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No

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.

Tell us how to improve this page.

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