Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary50% less than the average Assistant Manager Salary in Insurance Companies for 2 - 15 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Assistant Manager Salary
3 - 15
years
exp.
(6
salaries)
|  ₹3 L/yr - ₹5.4 L/yr |
Finance & Accounting
Assistant Manager Salary
2 - 9
years
exp.
(4
salaries)
| ₹3 L/yr - ₹5.8 L/yr |
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| |
Customer Success, Service & Operations
Assistant Manager Salary
5 - 7
years
exp.
(3
salaries)
| ₹4.3 L/yr - ₹5.5 L/yr |
Administration & Facilities
Assistant Manager Salary
12 - 14
years
exp.
(AmbitionBox Estimate)
| ₹4.5 L/yr - ₹5.7 L/yr |
Marketing & Communication
Assistant Manager Salary
4
years
exp.
(AmbitionBox Estimate)
| ₹4.3 L/yr - ₹7 L/yr |
Companies similar to NBFC for Assistant Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 MetLife Assistant Manager Salary
4 - 15 years exp. (894 salaries) | ₹8 L/yr - ₹30 L/yr 
345%
more | 6 job openings |
 Kotak Mahindara Life Insurance Assistant Manager Salary
0 - 8 years exp. (744 salaries) | ₹2 L/yr - ₹4.8 L/yr 
13%
less | 1 job opening |
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| ||
 Axis Max Life Insurance Assistant Manager Salary
0 - 10 years exp. (638 salaries) | ₹2 L/yr - ₹7.5 L/yr
1%
more | 16 job openings |
 Tata AIA Life Insurance Assistant Manager Salary
2 - 17 years exp. (580 salaries) | ₹3.8 L/yr - ₹14 L/yr
111%
more | 31 job openings |
 HDFC Ergo General Insurance Assistant Manager Salary
1 - 13 years exp. (541 salaries) | ₹2.6 L/yr - ₹8.7 L/yr
17%
more | |
 ICICI Prudential Life Insurance Assistant Manager Salary
1 - 12 years exp. (539 salaries) | ₹3 L/yr - ₹7.1 L/yr
26%
more | |
 SBI Life Insurance Company Assistant Manager Salary
0 - 13 years exp. (497 salaries) | ₹4 L/yr - ₹12 L/yr
74%
more | |
 Bajaj Allianz General Insurance Assistant Manager Salary
1 - 16 years exp. (411 salaries) | ₹5.1 L/yr - ₹10.7 L/yr
88%
more | 2 job openings |
 Aditya Birla Sun Life Insurance Assistant Manager Salary
0 - 10 years exp. (405 salaries) | ₹2 L/yr - ₹8.4 L/yr
3%
more | |
 Aditya Birla Health Insurance Co Assistant Manager Salary
0 - 9 years exp. (376 salaries) | ₹2.6 L/yr - ₹9.5 L/yr
36%
more | |
 SBI General Insurance Assistant Manager Salary
0 - 10 years exp. (328 salaries) | ₹3 L/yr - ₹8.5 L/yr
1%
more | |
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| ||
 Niva Bupa Health Insurance Company Assistant Manager Salary
1 - 11 years exp. (323 salaries) | ₹2.2 L/yr - ₹9.8 L/yr
35%
more | |
 Bajaj Allianz Life Insurance Assistant Manager Salary
2 - 14 years exp. (309 salaries) | ₹4 L/yr - ₹13.6 L/yr
93%
more | 1 job opening |
 Star Union Dai-ichi Life Insurance Assistant Manager Salary
0 - 11 years exp. (302 salaries) | ₹2 L/yr - ₹8 L/yr
1%
less | |
 Medi Assist India Assistant Manager Salary
5 - 14 years exp. (279 salaries) | ₹3 L/yr - ₹9 L/yr
48%
more | 2 job openings |
 HDFC Life Assistant Manager Salary
1 - 9 years exp. (255 salaries) | ₹2.4 L/yr - ₹7 L/yr
14%
more | |
 AXA Business Services Assistant Manager Salary
8 - 19 years exp. (247 salaries) | ₹6.8 L/yr - ₹23.6 L/yr
257%
more | |
 Star Health & Allied Insurance Assistant Manager Salary
4 - 12 years exp. (265 salaries) | ₹1 L/yr - ₹8 L/yr
23%
more | |
 Future Generali India Life Insurance Assistant Manager Salary
1 - 16 years exp. (188 salaries) | ₹3 L/yr - ₹13 L/yr
84%
more | |
 Reliance Nippon Life Insurance Assistant Manager Salary
1 - 11 years exp. (194 salaries) | ₹2 L/yr - ₹8 L/yr
7%
less | |
Latest annual salaries shared by NBFC Assistant Manager
Experience wise NBFC Assistant Manager salaries
Last Updated: 23 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹7.6
L/yr
|
| 3 years (3 salaries) |
₹3
L/yr
- ₹7.6
L/yr
|
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| |
| 4 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹7
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹5.5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹1.7
L/yr
- ₹5.2
L/yr
|
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NBFC Assistant Manager Salary FAQs
The top 10% of Assistant Manager at NBFC earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Assistant 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 20+ NBFC employees in India.
| Allstate | ₹7.4 Lakhs to ₹42.0 Lakhs per year |
| MetLife | ₹8.0 Lakhs to ₹30.0 Lakhs per year |
| AXA Business Services | ₹6.8 Lakhs to ₹23.6 Lakhs per year |
| First American Corporation | ₹7.0 Lakhs to ₹17.0 Lakhs per year |
| Gallagher | ₹6.5 Lakhs to ₹18.6 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.
| Tata AIA Life Insurance | ₹3.8 Lakhs to ₹14.0 Lakhs per year |
| Bajaj Allianz Life Insurance | ₹4.0 Lakhs to ₹13.6 Lakhs per year |
| Bajaj Allianz General Insurance | ₹5.1 Lakhs to ₹10.7 Lakhs per year |
| Future Generali India Life Insurance | ₹3.0 Lakhs to ₹13.0 Lakhs per year |
| SBI Life Insurance Company | ₹4.0 Lakhs to ₹12.0 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹3.0 Lakhs to ₹7.6 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹7.6 Lakhs per year |
| 4 years | ₹1.7 Lakhs to ₹7.0 Lakhs per year |
| 5 years | ₹1.7 Lakhs to ₹5.5 Lakhs per year |
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NBFC Assistant Manager salary
in
India
ranges between ₹2.4
Lakhs to ₹7
Lakhs with an average annual salary of
₹. Salary estimates are based on
24
NBFC latest salaries received from various employees of
NBFC.