NBFC Assistant Branch Manager Salaries by 8 Employees (Updated 2025)

1 - 6 years exp.

₹1.2 Lakh - ₹3 Lakhs

Salary of majority employees

52% less than the average Assistant Branch Manager Salary in Insurance Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Assistant Branch Manager Salary 1 - 3 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Assistant Branch Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 8 Dec 2024

Companies similar to NBFC for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Branch Manager Salary 3 - 14 years exp. (202 salaries)	₹2.8 L/yr - ₹9.5 L/yr 146% more
Bajaj Finance Assistant Branch Manager Salary 1 - 8 years exp. (54 salaries)	₹2.5 L/yr - ₹5.6 L/yr 84% more
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ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (200 salaries)	₹2.8 L/yr - ₹8.3 L/yr 115% more
Axis Bank Assistant Branch Manager Salary 1 - 9 years exp. (41 salaries)	₹2.2 L/yr - ₹7 L/yr 80% more
Kotak Mahindra Bank Assistant Branch Manager Salary 2 - 11 years exp. (17 salaries)	₹2.4 L/yr - ₹6.5 L/yr 66% more
Aditya Birla Capital Assistant Branch Manager Salary 5 - 16 years exp. (13 salaries)	₹3.3 L/yr - ₹9.8 L/yr 137% more
L&T Finance Assistant Branch Manager Salary 1 - 6 years exp. (20 salaries)	₹2.2 L/yr - ₹3.5 L/yr 6% more
Shriram Finance Assistant Branch Manager Salary 2 - 11 years exp. (142 salaries)	₹1.8 L/yr - ₹4.8 L/yr 39% more
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 18 years exp. (289 salaries)	₹4 L/yr - ₹7.5 L/yr 150% more
Star Health & Allied Insurance Assistant Branch Manager Salary 5 - 17 years exp. (114 salaries)	₹4 L/yr - ₹7.8 L/yr 129% more
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 6 - 15 years exp. (63 salaries)	₹3.8 L/yr - ₹8.5 L/yr 167% more
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Niva Bupa Health Insurance Company Assistant Branch Manager Salary 5 - 16 years exp. (41 salaries)	₹4.8 L/yr - ₹8.1 L/yr 165% more
Tata AIA Life Insurance Assistant Branch Manager Salary 5 - 14 years exp. (29 salaries)	₹5 L/yr - ₹9.8 L/yr 200% more
HDFC Life Assistant Branch Manager Salary 3 - 12 years exp. (28 salaries)	₹3.8 L/yr - ₹7.5 L/yr 134% more
HDFC Ergo General Insurance Assistant Branch Manager Salary 2 - 9 years exp. (19 salaries)	₹3.3 L/yr - ₹6 L/yr 103% more
Bajaj Allianz Life Insurance Assistant Branch Manager Salary 1 - 10 years exp. (13 salaries)	₹5 L/yr - ₹8.5 L/yr 153% more
Max Life Insurance Assistant Branch Manager Salary 2 - 15 years exp. (12 salaries)	₹5 L/yr - ₹8 L/yr 178% more
SBI Life Insurance Company Assistant Branch Manager Salary 2 - 9 years exp. (9 salaries)	₹2.4 L/yr - ₹12 L/yr 192% more
ICICI Prudential Life Insurance Assistant Branch Manager Salary 1 - 11 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 50% more
ICICI Lombard General Insurance Company Assistant Branch Manager Salary 3 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹6.5 L/yr 146% more

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Assistant Branch Manager salary at NBFC ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of NBFC.

Experience wise NBFC Assistant Branch Manager salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.8 L/yr

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Similar Designation salaries in NBFC

Assistant Sales Manager Salary

(5 salaries)

₹3.3 L/yr - ₹5 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Branch Sales Manager Salary

(4 salaries)

₹3 L/yr - ₹6.7 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Relationship Manager Salary

(10 salaries)

₹2.3 L/yr - ₹5 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 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

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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NBFC Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at NBFC?

Assistant Branch Manager salary at NBFC in India ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 52% less than the average Assistant Branch Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of NBFC India.

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

The average salary of a Assistant Branch Manager at NBFC is 52% less than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
SBI Life Insurance Company Assistant Branch Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Max Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance Assistant Branch Manager Salary - ₹3.8 Lakhs to ₹8.5 Lakhs per year
Niva Bupa Health Insurance Company Assistant Branch Manager Salary - ₹4.8 Lakhs to ₹8.1 Lakhs per year

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

PNB MetLife Assistant Branch Manager Salary - ₹6.1 Lakhs to ₹9.0 Lakhs per year
Bajaj Allianz Life Insurance Assistant Branch Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year
Reliance Nippon Life Insurance Assistant Branch Manager Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year
ICICI Lombard General Insurance Company Assistant Branch Manager Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year
HDFC Bank Assistant Branch Manager Salary - ₹2.8 Lakhs to ₹9.5 Lakhs per year

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

The estimated take-home salary of a Assistant Branch Manager at NBFC ranges between ₹16,750 per month to ₹18,462 per month in India. The take-home salary calculation is based on the average NBFC Assistant Branch Manager salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Assistant Branch Manager at NBFC?

According to AmbitionBox, 50% of the NBFC Assistant Branch Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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NBFC Assistant Branch Manager Salaries

NBFC Assistant Branch Manager salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 NBFC latest salaries received from various employees of NBFC.