A vehicular camera module includes a housing that houses a lens barrel, a lens holder, a main circuit board, and an imager disposed on an imager circuit board that is electrically connected with the main circuit board. The main circuit board includes a main PCB and the imager circuit board includes an imager PCB. Circuitry disposed at the main PCB includes an image processor for processing image data captured by the imager. The main circuit board is accommodated within front and rear portions of the housing, while the imager is accommodated within the rear portion and is not accommodated within the front portion. The imager views exterior of the housing via an opening of the upper cover at the rear portion of the housing, and the lens barrel extends through the opening. The lens barrel is tilted at an acute angle upward relative to the plane of the main PCB.