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NBFC Branch Head salaries in India

Annual salary range
7 - 15 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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70% less than the average Branch Head Salary in Insurance Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
7 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Customer Success, Service & Operations
Branch Head Salary
10 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Finance & Accounting
Branch Head Salary
15 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Last Updated: 15 Mar 2023

Companies similar to NBFC for Branch Head

Company name Avg Annual Salary Open Jobs
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HDFC Life Branch Head Salary

5 - 18 years exp. (166 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 193% more
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₹8 L/yr - ₹17 L/yr

arrow icon 304% more
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₹5.6 L/yr - ₹15.5 L/yr

arrow icon 250% more
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Tata AIA Life Insurance Branch Head Salary

9 - 23 years exp. (32 salaries)

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₹8.3 L/yr - ₹15.5 L/yr

arrow icon 280% more
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Bajaj Allianz Life Insurance Branch Head Salary

8 - 17 years exp. (32 salaries)

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₹6 L/yr - ₹13 L/yr

arrow icon 181% more
1 job opening
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₹6 L/yr - ₹12 L/yr

arrow icon 170% more
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SBI Life Insurance Company Branch Head Salary

10 - 20 years exp. (26 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 224% more
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₹6.7 L/yr - ₹13 L/yr

arrow icon 182% more
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Axis Max Life Insurance Branch Head Salary

11 - 20 years exp. (21 salaries)

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₹9 L/yr - ₹17 L/yr

arrow icon 297% more
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₹8.6 L/yr - ₹19.8 L/yr

arrow icon 304% more
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Bharti AXA Life Insurance Branch Head Salary

10 - 19 years exp. (17 salaries)

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₹7.5 L/yr - ₹13.5 L/yr

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₹8.3 L/yr - ₹13.5 L/yr

arrow icon 229% more
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Reliance General Insurance Branch Head Salary

10 - 20 years exp. (16 salaries)

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₹9.5 L/yr - ₹21.3 L/yr

arrow icon 289% more
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₹6.5 L/yr - ₹11.2 L/yr

arrow icon 139% more
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₹8 L/yr - ₹9 L/yr

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₹8.5 L/yr - ₹14 L/yr

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HDFC Ergo General Insurance Branch Head Salary

10 - 16 years exp. (8 salaries)

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₹6.3 L/yr - ₹11.8 L/yr

arrow icon 206% more
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Tata AIG Branch Head Salary

9 - 20 years exp. (6 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 194% more
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₹7.1 L/yr - ₹10.4 L/yr

arrow icon 200% more
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SBI General Insurance Branch Head Salary

10 - 19 years exp. (4 salaries)

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₹10.2 L/yr - ₹22.5 L/yr

arrow icon 403% more
View all
Branch Head salary at NBFC ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of NBFC.

Latest annual salaries shared by NBFC Branch Head

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15 years exp.
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12 years exp.
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10 years exp.
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7 years exp.

Experience wise NBFC Branch Head salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹4 L/yr
9 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
10 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
View all

Similar Designation salaries in NBFC

Area Head Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Branch Manager Salary
(18 salaries)
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₹2.6 L/yr - ₹7 L/yr
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₹1 L/yr - ₹2.5 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Accountant Salary
(6 salaries)
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₹1.45 L/yr - ₹2.55 L/yr
Area Manager Salary
(7 salaries)
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₹5.4 L/yr - ₹12.6 L/yr
Credit Manager Salary
(13 salaries)
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₹3 L/yr - ₹10.25 L/yr
Sales Manager Salary
(9 salaries)
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₹2.05 L/yr - ₹6 L/yr
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₹3 L/yr - ₹6.7 L/yr
Sales Officer Salary
(10 salaries)
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₹2.1 L/yr - ₹3 L/yr

Salary related reviews for NBFC

3.0

Rated by 1 employees for salary & benefits

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…

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  • Skill development - Good
  • +3 more

Dislikes

Work load and salary low

  • Salary - Poor
  • +1 more

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.

read more
  • 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

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

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  • Salary - Good
  • +1 more

Dislikes

No job security and less career growth less salary, bad work-life balance

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  • Job security - Poor

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.

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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.

read more
  • 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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NBFC Branch Head Salary FAQs

What is the salary of Branch Head at NBFC ?
The average salary of a Branch Head at NBFC in India typically ranges from ₹2.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Branch Head at NBFC earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Branch Head 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 6 NBFC employees in India.
What is the estimated take home salary of a Branch Head at NBFC in India?
The estimated take-home salary of a Branch Head at NBFC in India typically ranges from ₹23,066 to ₹24,534 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 7 years to 15 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 6 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 Branch Head in India?
SBI General Insurance ₹10.2 Lakhs to ₹22.5 Lakhs per year
Aditya Birla Sun Life Insurance ₹8.0 Lakhs to ₹17.0 Lakhs per year
Future Generali India Life Insurance ₹8.6 Lakhs to ₹19.8 Lakhs per year
Axis Max Life Insurance ₹9.0 Lakhs to ₹17.0 Lakhs per year
Reliance General Insurance ₹9.5 Lakhs to ₹21.3 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 Branch Head in companies similar to NBFC in India?
The salary of a Branch Head at companies similar to NBFC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata AIA Life Insurance ₹8.3 Lakhs to ₹15.5 Lakhs per year
ICICI Prudential Life Insurance ₹5.6 Lakhs to ₹15.5 Lakhs per year
PNB MetLife ₹9.5 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindara Life Insurance ₹8.5 Lakhs to ₹14.0 Lakhs per year
Niva Bupa Health Insurance Company ₹8.3 Lakhs to ₹13.5 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 Branch Head at NBFC in India?
The salary growth for a Branch Head at NBFC depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at NBFC:

Experience Average Salary Range
7 years ₹2.5 Lakhs to ₹4.8 Lakhs per year
8 years ₹1.1 Lakhs to ₹4.0 Lakhs per year
9 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
10 years ₹2.2 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

NBFC Branch Head salary in India ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 NBFC latest salaries received from various employees of NBFC.