NBFC Associate Salaries by 3 Employees (Updated 2025)

1 - 2 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

68% less than the average Associate Salary in Insurance Companies for 1 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Associate Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Finance & Accounting Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 30 Jul 2023

Companies similar to NBFC for Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Salary 1 - 5 years exp. (50 salaries)	₹1.5 L/yr - ₹6 L/yr 34% more
Bajaj Finance Associate Salary 0 - 6 years exp. (36 salaries)	₹1.2 L/yr - ₹3.5 L/yr 5% less
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ICICI Bank Associate Salary 0 - 5 years exp. (112 salaries)	₹1.1 L/yr - ₹7.1 L/yr 25% more
Axis Bank Associate Salary 0 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹5 L/yr 38% more
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.1 L/yr - ₹4.2 L/yr 10% more
Tata Capital Associate Salary 0 - 11 years exp. (27 salaries)	₹1.7 L/yr - ₹5.5 L/yr 34% more	5 job openings
Aditya Birla Capital Associate Salary 0 - 6 years exp. (20 salaries)	₹2 L/yr - ₹6 L/yr 50% more
Mahindra Finance Associate Salary 1 - 5 years exp. (22 salaries)	₹1.7 L/yr - ₹4.4 L/yr 17% more
L&T Finance Associate Salary 0 - 6 years exp. (8 salaries)	₹1.7 L/yr - ₹6 L/yr 24% more
Shriram Finance Associate Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr 39% more
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (278 salaries)	₹1.8 L/yr - ₹4.4 L/yr 41% more
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SBI Life Insurance Company Associate Salary 0 - 6 years exp. (267 salaries)	₹1 L/yr - ₹4.5 L/yr 7% more
HDFC Life Associate Salary 0 - 4 years exp. (244 salaries)	₹1.1 L/yr - ₹3.3 L/yr 12% less
HDFC Ergo General Insurance Associate Salary 0 - 8 years exp. (210 salaries)	₹1.7 L/yr - ₹5.2 L/yr 61% more	1 job opening
Tata AIG Associate Salary 0 - 5 years exp. (91 salaries)	₹1.6 L/yr - ₹3.4 L/yr 1% less
ICICI Lombard General Insurance Company Associate Salary 0 - 6 years exp. (78 salaries)	₹0.7 L/yr - ₹3.6 L/yr 7% more
Kotak Mahindara Life Insurance Associate Salary 0 - 6 years exp. (45 salaries)	₹1.2 L/yr - ₹2.7 L/yr 9% less
Canara HSBC Life Insurance Associate Salary 0 - 4 years exp. (43 salaries)	₹2 L/yr - ₹4 L/yr 27% more
Max Life Insurance Associate Salary 0 - 5 years exp. (34 salaries)	₹2 L/yr - ₹4.3 L/yr 36% more	1 job opening
Gallagher Associate Salary 0 - 3 years exp. (30 salaries)	₹2 L/yr - ₹4 L/yr 21% more

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Associate salary at NBFC ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of NBFC.

Experience wise NBFC Associate salaries

Last Updated: 30 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in NBFC

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Team Lead Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹14.2 L/yr - ₹18.2 L/yr

Salary related reviews for NBFC

4.0

Rated by 1 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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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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NBFC Associate Salary FAQs

What is the notice period for Associate at NBFC?

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

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NBFC Associate Salaries

NBFC Associate salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 NBFC latest salaries received from various employees of NBFC.