NBFC Mumbai Assistant Manager Salaries by 3 Employees (Updated 2025)

3 - 8 years exp.

₹3 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Assistant Manager Salary in Insurance Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.4 L/yr
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Finance & Accounting Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to NBFC for Assistant Manager in Mumbai

NBFC Assistant Manager Salary

3 - 8 years exp. (3 salaries)

₹3 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 11% less
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (121 salaries)	₹1.8 L/yr - ₹8.1 L/yr 12% more	340 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 6% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 6% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1 L/yr - ₹5 L/yr 20% less
Tata Capital Assistant Manager Salary 0 - 8 years exp. (96 salaries)	₹3 L/yr - ₹13 L/yr 79% more
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (71 salaries)	₹2.7 L/yr - ₹8.5 L/yr 11% more
Mahindra Finance Assistant Manager Salary 4 - 10 years exp. (52 salaries)	₹4 L/yr - ₹10 L/yr 37% more	1 job opening
L&T Finance Assistant Manager Salary 1 - 9 years exp. (124 salaries)	₹3.1 L/yr - ₹9.5 L/yr 47% more
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (77 salaries)	₹2.4 L/yr - ₹5.8 L/yr 1% less	2 job openings
Kotak Mahindara Life Insurance Assistant Manager Salary 0 - 8 years exp. (399 salaries)	₹2 L/yr - ₹4.6 L/yr 14% less	1 job opening
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Tata AIA Life Insurance Assistant Manager Salary 2 - 18 years exp. (309 salaries)	₹4.2 L/yr - ₹18 L/yr 137% more	35 job openings
ICICI Prudential Life Insurance Assistant Manager Salary 1 - 13 years exp. (235 salaries)	₹3 L/yr - ₹7 L/yr 25% more
SBI Life Insurance Company Assistant Manager Salary 0 - 15 years exp. (192 salaries)	₹4 L/yr - ₹11 L/yr 69% more
Aditya Birla Sun Life Insurance Assistant Manager Salary 0 - 8 years exp. (148 salaries)	₹1.9 L/yr - ₹6.2 L/yr 2% more
HDFC Ergo General Insurance Assistant Manager Salary 1 - 13 years exp. (111 salaries)	₹2.9 L/yr - ₹7.3 L/yr 19% more
HDFC Life Assistant Manager Salary 1 - 9 years exp. (82 salaries)	₹1.7 L/yr - ₹7 L/yr 12% more
Reliance Nippon Life Insurance Assistant Manager Salary 1 - 12 years exp. (74 salaries)	₹2 L/yr - ₹9.2 L/yr 4% more
Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (69 salaries)	₹2.2 L/yr - ₹7.5 L/yr 1% less	10 job openings
Bajaj Allianz General Insurance Assistant Manager Salary 1 - 16 years exp. (68 salaries)	₹5.2 L/yr - ₹10 L/yr 83% more	3 job openings

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Assistant Manager salary at NBFC ranges between ₹3 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of NBFC.

Experience wise NBFC Assistant Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.8 L/yr

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Salary related reviews for NBFC

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

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 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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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NBFC Assistant Manager Salary FAQs

What is the notice period for Assistant Manager at NBFC in Mumbai?

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

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NBFC Assistant Manager Salaries in Mumbai

NBFC Assistant Manager salary in Mumbai ranges between ₹3 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 NBFC latest salaries received from various employees of NBFC.