NBFC Assistant Branch Manager Salaries by 8 Employees

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
Reliance Nippon Life Insurance Assistant Branch Manager Salary 5 - 18 years exp. (293 salaries)	₹4 L/yr - ₹7.5 L/yr 156% more
Future Generali India Life Insurance Assistant Branch Manager Salary 3 - 15 years exp. (243 salaries)	₹3.8 L/yr - ₹6.6 L/yr 118% more	6 job openings
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Star Health & Allied Insurance Assistant Branch Manager Salary 5 - 15 years exp. (107 salaries)	₹4 L/yr - ₹7.8 L/yr 125% more
Kotak Mahindara Life Insurance Assistant Branch Manager Salary 3 - 15 years exp. (84 salaries)	₹4.3 L/yr - ₹8.5 L/yr 171% more
Cholamandalam MS General Insurance Assistant Branch Manager Salary 1 - 5 years exp. (69 salaries)	₹2.6 L/yr - ₹4.6 L/yr 51% more
Niva Bupa Health Insurance Company Assistant Branch Manager Salary 4 - 16 years exp. (46 salaries)	₹4.8 L/yr - ₹8.1 L/yr 164% more
Star Union Dai-ichi Life Insurance Assistant Branch Manager Salary 5 - 17 years exp. (43 salaries)	₹5.6 L/yr - ₹10 L/yr 212% more	6 job openings
Tata AIA Life Insurance Assistant Branch Manager Salary 5 - 14 years exp. (33 salaries)	₹5 L/yr - ₹9.8 L/yr 192% more
HDFC Life Assistant Branch Manager Salary 3 - 12 years exp. (28 salaries)	₹3.8 L/yr - ₹7.5 L/yr 135% more
Aditya Birla Health Insurance Co Assistant Branch Manager Salary 3 - 14 years exp. (20 salaries)	₹4.5 L/yr - ₹9.9 L/yr 188% more
HDFC Ergo General Insurance Assistant Branch Manager Salary 2 - 9 years exp. (19 salaries)	₹3.3 L/yr - ₹6 L/yr 103% more
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Bajaj Allianz Life Insurance Assistant Branch Manager Salary 1 - 10 years exp. (14 salaries)	₹5 L/yr - ₹8.5 L/yr 149% more
Axis Max Life Insurance Assistant Branch Manager Salary 2 - 15 years exp. (12 salaries)	₹5 L/yr - ₹8 L/yr 180% more
SBI Life Insurance Company Assistant Branch Manager Salary 2 - 9 years exp. (9 salaries)	₹2.4 L/yr - ₹12 L/yr 192% more
Bharti AXA Life Insurance Assistant Branch Manager Salary 4 - 21 years exp. (8 salaries)	₹4.3 L/yr - ₹10.3 L/yr 174% more
ICICI Prudential Life Insurance Assistant Branch Manager Salary 1 - 11 years exp. (7 salaries)	₹2.6 L/yr - ₹5 L/yr 50% more
Reliance General Insurance Assistant Branch Manager Salary 7 - 18 years exp. (7 salaries)	₹5 L/yr - ₹6 L/yr 131% 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
PNB MetLife Assistant Branch Manager Salary 7 - 14 years exp. (4 salaries)	₹6.1 L/yr - ₹9 L/yr 153% more
Tata AIG Assistant Branch Manager Salary 7 - 9 years exp. (3 salaries)	₹4.3 L/yr - ₹5.8 L/yr 115% 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

View all

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

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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NBFC Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at NBFC ?

The average salary of a Assistant Branch Manager at NBFC in India typically ranges from ₹1.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Assistant Branch Manager at NBFC earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Assistant Branch 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 8 NBFC employees in India.

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 in India typically ranges from ₹16,750 to ₹18,462 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 8 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 Assistant Branch Manager in India?

Star Union Dai-ichi Life Insurance	₹5.6 Lakhs to ₹10.0 Lakhs per year
SBI Life Insurance Company	₹2.4 Lakhs to ₹12.0 Lakhs per year
Tata AIA Life Insurance	₹5.0 Lakhs to ₹9.8 Lakhs per year
Aditya Birla Health Insurance Co	₹4.5 Lakhs to ₹9.9 Lakhs per year
Axis Max Life Insurance	₹5.0 Lakhs to ₹8.0 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.

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

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

Bharti AXA Life Insurance	₹4.3 Lakhs to ₹10.3 Lakhs per year
Kotak Mahindara Life Insurance	₹4.3 Lakhs to ₹8.5 Lakhs per year
Niva Bupa Health Insurance Company	₹4.8 Lakhs to ₹8.1 Lakhs per year
Reliance Nippon Life Insurance	₹4.0 Lakhs to ₹7.5 Lakhs per year
PNB MetLife	₹6.1 Lakhs to ₹9.0 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 Assistant Branch Manager at NBFC in India?

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

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.4 Lakhs per year
4 years	₹1.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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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.