National Securities Depository Mumbai Manager Salaries by 50+ Employees (Updated 2025)

6 - 15 years exp.

₹8.3 Lakhs - ₹26.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

9% less than the average Manager Salary in Financial Services Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 7 - 15 years exp. (9 salaries)	₹10.5 L/yr - ₹17.3 L/yr
Engineering - Software & QA Manager Salary 6 - 10 years exp. (8 salaries)	₹11 L/yr - ₹22.6 L/yr
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Finance & Accounting Manager Salary 7 - 12 years exp. (5 salaries)	₹8.3 L/yr - ₹18.2 L/yr
Risk Management & Compliance Manager Salary 9 - 15 years exp. (5 salaries)	₹10 L/yr - ₹16.5 L/yr
Sales & Business Development Manager Salary 9 - 14 years exp. (3 salaries)	₹14 L/yr - ₹16 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to National Securities Depository for Manager in Mumbai

National Securities Depository Manager Salary

6 - 15 years exp. (53 salaries)

₹8.3 L/yr - ₹26.5 L/yr

Company name	Avg Annual Salary	Open Jobs
PhillipCapital Manager Salary 5 - 18 years exp. (20 salaries)	₹5.1 L/yr - ₹13 L/yr 35% less
ICICI Direct Manager Salary 5 - 12 years exp. (9 salaries)	₹5.1 L/yr - ₹7.5 L/yr 59% less
Login to view exact salary
Interactive Brokers Manager Salary 5 - 9 years exp. (6 salaries)	₹9.5 L/yr - ₹17 L/yr 9% less	1 job opening
OneAssist Consumer Solutions Manager Salary 13 - 16 years exp. (5 salaries)	₹12 L/yr - ₹18.5 L/yr 5% more
Finicity Manager Salary 7 - 13 years exp. (4 salaries)	₹21 L/yr - ₹32 L/yr 86% more
Sumitomo Mitsui Banking Corporation Manager Salary 5 - 10 years exp. (4 salaries)	₹14 L/yr - ₹25 L/yr 27% more
10FA India Manager Salary 8 - 13 years exp. (4 salaries)	₹13 L/yr - ₹42 L/yr 115% more
Samunnati Financial Intermediation and Services Manager Salary 2 - 11 years exp. (4 salaries)	₹9 L/yr - ₹11.2 L/yr 31% less
Manappuram Home Finance Manager Salary 9 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹6.2 L/yr 65% less

Manager salary at National Securities Depository ranges between ₹8.3 Lakhs to ₹26.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 53 latest salaries received from various employees of National Securities Depository.

Latest annual salaries shared by National Securities Depository Manager in Mumbai

4w ago

₹16.5 Lakhs

11 years exp.

1mo ago

₹11 Lakhs

10 years exp.

1mo ago

₹16 Lakhs

10 years exp.

4mo ago

₹10.8 Lakhs

9 years exp.

8mo ago

₹16.5 Lakhs

8 years exp.

10mo ago

9 years exp.

10mo ago

10 years exp.

1y ago

10 years exp.

1y ago

8 years exp.

1y ago

15 years exp.

Experience wise National Securities Depository Manager salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹11 L/yr - ₹17.3 L/yr
7 years (4 salaries)	₹10 L/yr - ₹18.2 L/yr
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8 years (6 salaries)	₹11 L/yr - ₹19 L/yr
9 years (10 salaries)	₹8.3 L/yr - ₹19 L/yr
10 years (13 salaries)	₹11 L/yr - ₹26.5 L/yr
11 years (3 salaries)	₹13 L/yr - ₹16.5 L/yr
12 years (5 salaries)	₹8.9 L/yr - ₹27.4 L/yr
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
14 years (4 salaries)	₹10 L/yr - ₹27.7 L/yr
15+ years (3 salaries)	₹10 L/yr - ₹27.8 L/yr

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From

Manager

6 - 15 years exp.

Senior Manager

12 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in National Securities Depository

Assistant Vice President Salary

(39 salaries)

₹20 L/yr - ₹55 L/yr

Deputy Manager Salary

(8 salaries)

₹8.5 L/yr - ₹13 L/yr

Management Trainee Salary

(3 salaries)

₹3.7 L/yr - ₹3.7 L/yr

Salary related reviews for National Securities Depository

3.0

Rated by 4 employees for salary & benefits

Senior Technical Lead in Mumbai

Full Time

IT & Information Security Department

5.0

• posted on 26 Feb 2025

5.0

for Salary and Benefits

Likes

Great place to work. Work life balance. Health Policy. Good Learning and New projects Salary and Job security.

Salary - Excellent

+3 more

Dislikes

Micro management No appreciation No team motivation by upper management No work from home for payroll employee Strict Timings Traveling to BKC is draining 😪

Production Support Executive in Mumbai Parel Kamala Mils

Information Technology Department

3.0

• posted on 04 Dec 2021

2.0

for Salary and Benefits

Likes

It was good experience working with nsdl with all team in production support executive working on oracle, sql server dba , unix technology. Working with tcs , qk and development team and coordination was good. 3.6 years there was not much so workload, but after pendemic in year 2020 feb the workload got increased too much and only issues with support i.e resolving tickets was there with more working hours till eod starts of central. As the job is secured fully but no hike and growth for third party, same is for nsdl employees. If you get opportunity to come in nsdl then check with terms conditions ,growth ,hike and then join in nsdl depository project . As i was working in nsdl depository project you get too know flow of project with little bit business logic too, seniors and rest testing and development team was very helpful in solving issues and doubts.. all the best to nsdl and thanks to them for providing opportunity to work.

Job security - Excellent

Dislikes

No salary hike much, working late hours and mostly no recruiting candidates for handling workload.

Salary - Poor

Executive in Mumbai

Customer Success, Service & Operations Department

4.0

• posted on 03 Aug 2019

1.0

for Salary and Benefits

Likes

There is less work load, staff is helpfull..managers have a welcoming nature.

Skill development - Good

+1 more

Dislikes

...is based on 3rd party pay roll named as pinnacle infotech and they are theives..faced lots of issue in getting the salary properly paid on time and there is no growth no increment no promotion...

Salary - Bad

+2 more

Assistant Manager in Mumbai

SDM Department

2.0

• posted on 11 Sep 2018

1.0

for Salary and Benefits

Likes

The only good part of working at NSDL is job security

Dislikes

...s bad. There is huge amount of dirty politics and unrealistic target deadlines . Also this company provides salary hike based on performance rating which is very low even for an A grade performer which is 8% increment on basic salary. Saturday/ Sunday is holiday but still they call on Saturday based on work .Learning curve is zero as development is majorly handled by TCS vendor

Salary - Bad

+5 more

Back Office Executive in Mumbai

IIFD-Issuer Interface Department Department

5.0

• posted on 08 May 2018

5.0

for Salary and Benefits

Likes

Team work is very active and positive,100%job security,work environment is very joyful and happy,work life is very much easy,lots of knowledge in this organisation

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but growth is slow.

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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National Securities Depository Manager Salary FAQs

What is the salary of Manager at National Securities Depository in Mumbai?

The average salary of a Manager at National Securities Depository in Mumbai typically ranges from ₹8.3 Lakhs to ₹26.5 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Manager in Mumbai at National Securities Depository earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹26.4 Lakhs per year. Manager Salaries at National Securities Depository 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 50+ National Securities Depository employees in India.

What is the estimated take home salary of a Manager at National Securities Depository in Mumbai?

The estimated take-home salary of a Manager at National Securities Depository in Mumbai typically ranges from ₹1,04,237 to ₹1,07,096 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹26.5 Lakhs per year for employees with experience ranging from 6 years to 15 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 50+ salaries received from various employees of National Securities Depository. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than National Securities Depository for Manager in India?

10FA India	₹13.0 Lakhs to ₹42.0 Lakhs per year
Finicity	₹21.0 Lakhs to ₹32.0 Lakhs per year
Sumitomo Mitsui Banking Corporation	₹14.0 Lakhs to ₹25.0 Lakhs per year
OneAssist Consumer Solutions	₹12.0 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a Manager in companies similar to National Securities Depository in Mumbai?

The salary of a Manager at companies similar to National Securities Depository in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Interactive Brokers	₹9.5 Lakhs to ₹17.0 Lakhs per year
Samunnati Financial Intermediation and Services	₹9.0 Lakhs to ₹11.2 Lakhs per year
PhillipCapital	₹5.1 Lakhs to ₹13.0 Lakhs per year
ICICI Direct	₹5.1 Lakhs to ₹7.5 Lakhs per year
Manappuram Home Finance	₹5.2 Lakhs to ₹6.2 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 Manager at National Securities Depository in Mumbai?

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

Experience	Average Salary Range
6 years	₹11.0 Lakhs to ₹17.3 Lakhs per year
7 years	₹10.0 Lakhs to ₹18.2 Lakhs per year
8 years	₹11.0 Lakhs to ₹19.0 Lakhs per year
9 years	₹8.3 Lakhs to ₹19.0 Lakhs per year

and so on.

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National Securities Depository Manager Salaries in Mumbai

National Securities Depository Manager salary in Mumbai ranges between ₹8.3 Lakhs to ₹26.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 53 National Securities Depository latest salaries received from various employees of National Securities Depository.