NBFC Area Manager Salaries by 7 Employees (Updated 2025)

9 - 17 years exp.

₹5.4 Lakhs - ₹12.6 Lakhs

Salary of majority employees

7% 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

Last Updated: 27 Jan 2024

Companies similar to NBFC for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 17 years exp. (78 salaries)	₹4.7 L/yr - ₹19.8 L/yr 30% more
Bajaj Finance Area Manager Salary 4 - 16 years exp. (230 salaries)	₹5.5 L/yr - ₹14.6 L/yr 13% more
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ICICI Bank Area Manager Salary 2 - 17 years exp. (94 salaries)	₹4.3 L/yr - ₹13.6 L/yr 2% less
Axis Bank Area Manager Salary 5 - 16 years exp. (144 salaries)	₹3.3 L/yr - ₹14 L/yr 9% less
Kotak Mahindra Bank Area Manager Salary 10 - 21 years exp. (94 salaries)	₹7 L/yr - ₹27 L/yr 75% more
Tata Capital Area Manager Salary 7 - 16 years exp. (7 salaries)	₹3.3 L/yr - ₹11.9 L/yr 9% less	1 job opening
Aditya Birla Capital Area Manager Salary 1 - 10 years exp. (35 salaries)	₹5 L/yr - ₹12.5 L/yr 13% less
Mahindra Finance Area Manager Salary 4 - 19 years exp. (99 salaries)	₹2.5 L/yr - ₹12.5 L/yr 18% less
L&T Finance Area Manager Salary 5 - 12 years exp. (35 salaries)	₹4.9 L/yr - ₹14.8 L/yr 7% less	6 job openings
Shriram Finance Area Manager Salary 3 - 19 years exp. (7 salaries)	₹3.9 L/yr - ₹9.1 L/yr 23% less
ICICI Prudential Life Insurance Area Manager Salary 1 - 17 years exp. (364 salaries)	₹5.8 L/yr - ₹12.8 L/yr 8% more
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Max Life Insurance Area Manager Salary 5 - 18 years exp. (291 salaries)	₹4.2 L/yr - ₹14 L/yr 11% less	7 job openings
SBI Life Insurance Company Area Manager Salary 6 - 18 years exp. (265 salaries)	₹5 L/yr - ₹14.2 L/yr 2% less
Bajaj Allianz Life Insurance Area Manager Salary 5 - 17 years exp. (227 salaries)	₹5 L/yr - ₹16.5 L/yr 5% more
Tata AIA Life Insurance Area Manager Salary 6 - 20 years exp. (183 salaries)	₹5.5 L/yr - ₹17.7 L/yr 30% more	7 job openings
Cholamandalam MS General Insurance Area Manager Salary 5 - 16 years exp. (127 salaries)	₹4.5 L/yr - ₹15 L/yr 4% more
Aditya Birla Sun Life Insurance Area Manager Salary 3 - 11 years exp. (124 salaries)	₹4.5 L/yr - ₹10 L/yr 23% less
Reliance Nippon Life Insurance Area Manager Salary 13 - 20 years exp. (71 salaries)	₹9.5 L/yr - ₹21.4 L/yr 55% more
ICICI Lombard General Insurance Company Area Manager Salary 5 - 17 years exp. (67 salaries)	₹6.8 L/yr - ₹18.8 L/yr 38% more
Star Health & Allied Insurance Area Manager Salary 6 - 19 years exp. (41 salaries)	₹5.7 L/yr - ₹22 L/yr 37% more	3 job openings

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Area Manager salary at NBFC ranges between ₹5.4 Lakhs to ₹12.6 Lakhs per year for employees with experience between 9 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of NBFC.

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
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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
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
15+ years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12.6 L/yr

View all

Similar Designation salaries in NBFC

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Branch Manager Salary

(16 salaries)

₹2.6 L/yr - ₹7 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Regional Manager Salary

(6 salaries)

₹10 L/yr - ₹20 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Team Lead Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Sales Officer Salary

(10 salaries)

₹2.1 L/yr - ₹3 L/yr

Salary related reviews for NBFC

3.0

Rated by 2 employees for salary & benefits

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…

Dislikes

Work load and salary low

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.

Dislikes

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

Dislikes

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

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.

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.

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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NBFC Area Manager Salary FAQs

What is the salary of Area Manager at NBFC?

Area Manager salary at NBFC in India ranges between ₹5.4 Lakhs to ₹12.6 Lakhs for experience between 9 years to 17 years. According to our estimates it is 7% less than the average Area Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of NBFC India.

How does the salary of a Area Manager at NBFC India compare with the average salary range for this job?

The average salary of a Area Manager at NBFC is 7% less than the average salary of a Area Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than NBFC to a Area Manager in India?

Kotak Mahindra Bank Area Manager Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
Reliance Nippon Life Insurance Area Manager Salary - ₹9.5 Lakhs to ₹21.4 Lakhs per year
ICICI Lombard General Insurance Company Area Manager Salary - ₹6.8 Lakhs to ₹18.8 Lakhs per year
Star Health & Allied Insurance Area Manager Salary - ₹5.7 Lakhs to ₹22.0 Lakhs per year
HDFC Bank Area Manager Salary - ₹4.7 Lakhs to ₹19.8 Lakhs per year

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

Tata AIA Life Insurance Area Manager Salary - ₹5.5 Lakhs to ₹17.7 Lakhs per year
Kotak Mahindara Life Insurance Area Manager Salary - ₹4.9 Lakhs to ₹19.0 Lakhs per year
Bharti AXA Life Insurance Area Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
Bajaj Allianz General Insurance Area Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Canara HSBC Life Insurance Area Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Area Manager at NBFC ranges between ₹65,090 per month to ₹66,751 per month in India. The take-home salary calculation is based on the average NBFC Area Manager salary in India which ranges between ₹5.4 Lakhs to ₹12.6 Lakhs per year for employees with experience between 9 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Area Manager at NBFC?

According to AmbitionBox, 100% of the NBFC Area Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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NBFC Area Manager Salaries

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.