Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary8% less than the average Area Manager Salary in Insurance Companies for 9 - 17 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Area Manager Salary
9 - 13
years
exp.
(4
salaries)
|  ₹6.5 L/yr - ₹7.7 L/yr |
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| |
Sales & Business Development
Area Manager Salary
12 - 16
years
exp.
(AmbitionBox Estimate)
| ₹5.4 L/yr - ₹12.3 L/yr |
Companies similar to NBFC for Area Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Area Manager Salary
1 - 17 years exp. (373 salaries) | ₹5.8 L/yr - ₹13.2 L/yr 
9%
more | 30 job openings |
 Axis Max Life Insurance Area Manager Salary
6 - 18 years exp. (267 salaries) | ₹4.2 L/yr - ₹13 L/yr 
8%
less | |
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| ||
 Bajaj Allianz Life Insurance Area Manager Salary
6 - 17 years exp. (212 salaries) | ₹5 L/yr - ₹16.5 L/yr
9%
more | |
 SBI Life Insurance Company Area Manager Salary
6 - 18 years exp. (206 salaries) | ₹4.6 L/yr - ₹14.2 L/yr
2%
more | |
 Tata AIA Life Insurance Area Manager Salary
6 - 17 years exp. (179 salaries) | ₹6 L/yr - ₹17.7 L/yr
29%
more | 1 job opening |
 Aditya Birla Sun Life Insurance Area Manager Salary
3 - 10 years exp. (127 salaries) | ₹4.5 L/yr - ₹9.3 L/yr
23%
less | |
 Cholamandalam MS General Insurance Area Manager Salary
8 - 17 years exp. (115 salaries) | ₹5.3 L/yr - ₹16.9 L/yr
5%
more | |
 Reliance Nippon Life Insurance Area Manager Salary
10 - 19 years exp. (82 salaries) | ₹9 L/yr - ₹21.4 L/yr
62%
more | |
 Star Union Dai-ichi Life Insurance Area Manager Salary
12 - 18 years exp. (60 salaries) | ₹7.8 L/yr - ₹17.1 L/yr
39%
more | 2 job openings |
 Niva Bupa Health Insurance Company Area Manager Salary
8 - 17 years exp. (58 salaries) | ₹4.3 L/yr - ₹16 L/yr
14%
more | |
 Star Health & Allied Insurance Area Manager Salary
8 - 19 years exp. (47 salaries) | ₹5.7 L/yr - ₹22 L/yr
45%
more | |
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| ||
 ICICI Lombard General Insurance Company Area Manager Salary
8 - 17 years exp. (43 salaries) | ₹6.8 L/yr - ₹20 L/yr
39%
more | |
 Future Generali India Life Insurance Area Manager Salary
13 - 20 years exp. (42 salaries) | ₹10.1 L/yr - ₹20 L/yr
75%
more | 2 job openings |
 HDFC Ergo General Insurance Area Manager Salary
5 - 20 years exp. (40 salaries) | ₹6 L/yr - ₹12.5 L/yr At par | |
 Bharti AXA Life Insurance Area Manager Salary
6 - 19 years exp. (38 salaries) | ₹6.1 L/yr - ₹16.5 L/yr
16%
more | |
 Aditya Birla Health Insurance Co Area Manager Salary
7 - 18 years exp. (31 salaries) | ₹4.5 L/yr - ₹16.5 L/yr
15%
more | |
 HDFC Life Area Manager Salary
10 - 11 years exp. (33 salaries) | ₹7.7 L/yr - ₹19 L/yr
28%
more | |
 Kotak Mahindara Life Insurance Area Manager Salary
5 - 24 years exp. (30 salaries) | ₹4.7 L/yr - ₹17.5 L/yr
26%
more | |
 Reliance General Insurance Area Manager Salary
8 - 20 years exp. (22 salaries) | ₹6.9 L/yr - ₹21 L/yr
52%
more | |
 PNB MetLife Area Manager Salary
6 - 15 years exp. (20 salaries) | ₹5.9 L/yr - ₹11.1 L/yr
3%
more | |
Latest annual salaries shared by NBFC Area Manager
Experience wise NBFC Area Manager salaries
Last Updated: 27 Jan 2024
| Experience | Avg Annual Salary |
|---|---|
| 9 years (AmbitionBox Estimate) |
₹2.5
L/yr
- ₹7.7
L/yr
|
| 10 years (AmbitionBox Estimate) |
₹6.3
L/yr
- ₹8
L/yr
|
Login to view exact salary
| |
| 11 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹7.7
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹5.4
L/yr
- ₹14.9
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹6.5
L/yr
- ₹16.1
L/yr
|
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NBFC Area Manager Salary FAQs
The top 10% of Area Manager at NBFC earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Area Manager 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 7 NBFC employees in India.
| Future Generali India Life Insurance | ₹10.1 Lakhs to ₹20.0 Lakhs per year |
| Reliance Nippon Life Insurance | ₹9.0 Lakhs to ₹21.4 Lakhs per year |
| Reliance General Insurance | ₹6.9 Lakhs to ₹21.0 Lakhs per year |
| Star Health & Allied Insurance | ₹5.7 Lakhs to ₹22.0 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹6.8 Lakhs to ₹20.0 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.
| Star Union Dai-ichi Life Insurance | ₹7.8 Lakhs to ₹17.1 Lakhs per year |
| SBI General Insurance | ₹9.0 Lakhs to ₹15.2 Lakhs per year |
| Tata AIA Life Insurance | ₹6.0 Lakhs to ₹17.7 Lakhs per year |
| HDFC Life | ₹7.7 Lakhs to ₹19.0 Lakhs per year |
| Kotak Mahindara Life Insurance | ₹4.7 Lakhs to ₹17.5 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.
| Experience | Average Salary Range |
|---|---|
| 9 years | ₹2.5 Lakhs to ₹7.7 Lakhs per year |
| 10 years | ₹6.3 Lakhs to ₹8.0 Lakhs per year |
| 11 years | ₹3.0 Lakhs to ₹7.7 Lakhs per year |
| 12 years | ₹5.4 Lakhs to ₹14.9 Lakhs per year |
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NBFC Area Manager salary
in
India
ranges between ₹5.4
Lakhs to ₹12.6
Lakhs with an average annual salary of
₹. Salary estimates are based on
7
NBFC latest salaries received from various employees of
NBFC.