NBFC Accountant Salaries by 6 Employees

0 - 7 years exp.

₹1.5 Lakh - ₹2.6 Lakhs

Salary of majority employees

28% less than the average Accountant Salary in Insurance Companies for 0 - 7 years of experience

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Last Updated: 27 Dec 2024

Companies similar to NBFC for Accountant

Company name	Avg Annual Salary	Open Jobs
Reliance Nippon Life Insurance Accountant Salary 1 - 6 years exp. (5 salaries)	₹1.1 L/yr - ₹2 L/yr 49% less
Axis Max Life Insurance Accountant Salary 3 - 15 years exp. (5 salaries)	₹2.3 L/yr - ₹5 L/yr 22% more
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First American Corporation Accountant Salary 0 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹4.5 L/yr 27% more	1 job opening
Gallagher Accountant Salary 0 - 3 years exp. (5 salaries)	₹1.5 L/yr - ₹4 L/yr 8% less
Cholamandalam MS General Insurance Accountant Salary 1 - 5 years exp. (5 salaries)	₹0.7 L/yr - ₹4.2 L/yr 19% more
SBI Life Insurance Company Accountant Salary 0 - 6 years exp. (5 salaries)	₹6.2 L/yr - ₹10 L/yr 159% more
Tata AIA Life Insurance Accountant Salary 1 - 9 years exp. (4 salaries)	₹2.5 L/yr - ₹6.2 L/yr 90% more
ICICI Lombard General Insurance Company Accountant Salary 2 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 39% more
Canara HSBC Life Insurance Accountant Salary 2 - 14 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 78% more
Bajaj Allianz General Insurance Accountant Salary 0 - 10 years exp. (4 salaries)	₹2 L/yr - ₹7.5 L/yr 102% more
Aditya Birla Health Insurance Co Accountant Salary 0 - 9 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 5% less
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HDFC Ergo General Insurance Accountant Salary 4 - 15 years exp. (4 salaries)	₹4.2 L/yr - ₹7.5 L/yr 139% more
PNB MetLife Accountant Salary 1 - 19 years exp. (4 salaries)	₹4.3 L/yr - ₹28.9 L/yr 490% more
HDFC Life Accountant Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.6 L/yr 5% more
Kotak Mahindara Life Insurance Accountant Salary 0 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹5.2 L/yr 28% more
Star Health & Allied Insurance Accountant Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹2.9 L/yr 11% more
Allstate Accountant Salary 0 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 30% more
SBI General Insurance Accountant Salary 1 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹3.8 L/yr 44% more
Tata AIG Accountant Salary 1 - 13 years exp. (3 salaries)	₹1 L/yr - ₹7.4 L/yr 96% more
Bharti AXA Life Insurance Accountant Salary 1 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹3.5 L/yr 10% more

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Accountant salary at NBFC ranges between ₹1.5 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of NBFC.

Experience wise NBFC Accountant salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in NBFC

Accounting Staff Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Accounts Officer Salary

(3 salaries)

₹1.6 L/yr - ₹2.8 L/yr

Deputy Manager Salary

(5 salaries)

₹4 L/yr - ₹7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Finance Executive Salary

(3 salaries)

₹2.15 L/yr - ₹3 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Senior Accounts Executive Salary

(4 salaries)

₹2.15 L/yr - ₹5.16 L/yr

Salary related reviews for NBFC

Back Office Executive in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Jul 2024

2.0

for Salary and Benefits

Likes

Nbfc are hell for anyone…some of target and money greedy companies wants 100% for employee and want from them to work overtime no holiday in closings and if any festival comes in closing they will not give holiday.. If your employee is not happy how could he work better…

Skill development - Good

+3 more

Dislikes

Work load and salary low

Salary - Poor

+1 more

Bajaj Finance Limited in Mumbai

Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

Salary - Excellent

+4 more

Dislikes

Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

Work-life balance - Poor

Assistant Manager

Sales & Business Development Department

4.0

• posted on 04 Oct 2017

4.0

for Salary and Benefits

Likes

Highly motivated teams, proper training, innovations in marketing, helps for a strong foundation in career growth are good aspects

Salary - Good

+1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

Job security - Poor

Assistant Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

Yeah company policy and work managment are really great because I joined 2017 and now I m working same company.

Salary - Good

+6 more

Dislikes

Not any particular as always there is two thing's of anything but it's depend on us that how can we manage or balanced.

Senior Area Collection Manager in Wani

BFSI, Investments & Trading Department

5.0

• posted on 28 Oct 2021

5.0

for Salary and Benefits

Likes

i like the working culture of NBFC in collection segment. as well as there is fast career growth based on performance along with salary increment.

Salary - Excellent

+3 more

Dislikes

In NBFC their is problem of holiday as compare to banking sector.

Work-life balance - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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NBFC Accountant Salary FAQs

What is the salary of Accountant at NBFC ?

The average salary of a Accountant at NBFC in India typically ranges from ₹1.5 Lakhs to ₹2.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Accountant at NBFC earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Accountant Salaries at NBFC 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 6 NBFC employees in India.

What is the estimated take home salary of a Accountant at NBFC in India?

The estimated take-home salary of a Accountant at NBFC in India typically ranges from ₹16,858 to ₹18,568 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 salaries received from various employees of NBFC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NBFC for Accountant in India?

PNB MetLife	₹4.3 Lakhs to ₹28.9 Lakhs per year
Niva Bupa Health Insurance Company	₹5.4 Lakhs to ₹9.6 Lakhs per year
SBI Life Insurance Company	₹6.2 Lakhs to ₹10.0 Lakhs per year
HDFC Ergo General Insurance	₹4.2 Lakhs to ₹7.5 Lakhs per year
Bajaj Allianz General Insurance	₹2.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Accountant in companies similar to NBFC in India?

The salary of a Accountant at companies similar to NBFC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIG	₹1.0 Lakhs to ₹7.4 Lakhs per year
Tata AIA Life Insurance	₹2.5 Lakhs to ₹6.2 Lakhs per year
Canara HSBC Life Insurance	₹1.8 Lakhs to ₹6.0 Lakhs per year
Star Union Dai-ichi Life Insurance	₹4.0 Lakhs to ₹4.5 Lakhs per year
Medi Assist India	₹3.0 Lakhs to ₹4.2 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 Accountant at NBFC in India?

The salary growth for a Accountant at NBFC depends on factors such as experience, performance, and promotions. On average, a Accountant can expect the following growth trajectory at NBFC:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.1 Lakhs per year
1 year	₹1.5 Lakhs to ₹4.2 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.3 Lakhs per year

and so on.

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NBFC Accountant Salaries

NBFC Accountant salary in India ranges between ₹1.5 Lakh to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 NBFC latest salaries received from various employees of NBFC.