NBFC Branch Manager Salaries by 10+ Employees (Updated 2024)

4 - 14 years exp.

₹2.6 Lakhs - ₹7.5 Lakhs

Salary of majority employees

48% less than the average Branch Manager Salary in Insurance Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 4 - 14 years exp. (7 salaries)	₹2.7 L/yr - ₹7 L/yr
Marketing & Communication Branch Manager Salary 8 - 10 years exp. (3 salaries)	₹4 L/yr - ₹5.6 L/yr
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Product Management Branch Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.5 L/yr
Sales & Business Development Branch Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.5 L/yr
Finance & Accounting Branch Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 L/yr

Last Updated: 29 Aug 2024

Companies similar to NBFC for Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.7k salaries)	₹6.5 L/yr - ₹23 L/yr 211% more	4 job openings
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (116 salaries)	₹2.9 L/yr - ₹8.2 L/yr 26% more	3 job openings
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ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹22 L/yr 177% more
Axis Bank Branch Manager Salary 8 - 22 years exp. (331 salaries)	₹6.2 L/yr - ₹23 L/yr 226% more	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 21 years exp. (1k salaries)	₹6.6 L/yr - ₹25.6 L/yr 246% more	2 job openings
Tata Capital Branch Manager Salary 0 - 10 years exp. (56 salaries)	₹3 L/yr - ₹7.9 L/yr At par	3 job openings
Aditya Birla Capital Branch Manager Salary 1 - 13 years exp. (96 salaries)	₹4.5 L/yr - ₹12.3 L/yr 70% more
Mahindra Finance Branch Manager Salary 3 - 14 years exp. (165 salaries)	₹1.9 L/yr - ₹9.1 L/yr 13% more	1 job opening
L&T Finance Branch Manager Salary 3 - 9 years exp. (229 salaries)	₹2.2 L/yr - ₹6 L/yr 6% less
Shriram Finance Branch Manager Salary 4 - 14 years exp. (264 salaries)	₹2.4 L/yr - ₹9 L/yr 7% more
ICICI Prudential Life Insurance Branch Manager Salary 7 - 18 years exp. (242 salaries)	₹6.3 L/yr - ₹18 L/yr 160% more
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HDFC Life Branch Manager Salary 8 - 17 years exp. (247 salaries)	₹5.5 L/yr - ₹12.5 L/yr 99% more
HDFC Ergo General Insurance Branch Manager Salary 8 - 18 years exp. (213 salaries)	₹4.7 L/yr - ₹14 L/yr 89% more	2 job openings
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (195 salaries)	₹5.5 L/yr - ₹13 L/yr 92% more	1 job opening
Kotak Mahindara Life Insurance Branch Manager Salary 3 - 18 years exp. (211 salaries)	₹4.5 L/yr - ₹12.8 L/yr 90% more
Reliance Nippon Life Insurance Branch Manager Salary 8 - 18 years exp. (183 salaries)	₹3.8 L/yr - ₹10 L/yr 59% more	2 job openings
SBI Life Insurance Company Branch Manager Salary 7 - 21 years exp. (166 salaries)	₹6.5 L/yr - ₹15 L/yr 114% more
Care Health Insurance Branch Manager Salary 3 - 17 years exp. (151 salaries)	₹4 L/yr - ₹8.1 L/yr 21% more	1 job opening
Star Health & Allied Insurance Branch Manager Salary 6 - 17 years exp. (233 salaries)	₹4 L/yr - ₹12 L/yr 59% more	3 job openings
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 20 years exp. (136 salaries)	₹4.5 L/yr - ₹12.9 L/yr 78% more

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Branch Manager salary at NBFC ranges between ₹2.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 18 latest salaries received from various employees of NBFC.

Experience wise NBFC Branch Manager salaries

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.7 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
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6 years (5 salaries)	₹2.7 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in NBFC

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Credit Manager Salary

(9 salaries)

₹3 L/yr - ₹8.56 L/yr

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Branch Incharge Salary

(3 salaries)

₹1 L/yr - ₹2.5 L/yr

Branch Head Salary

(6 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Branch Sales Manager Salary

(4 salaries)

₹2.1 L/yr - ₹6.7 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Top skills at NBFC for Branch Manager

Interpersonal Skills Communication Skills Leadership Skills Management Skills

Salary related reviews for NBFC

4.7

Rated by 2 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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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NBFC Branch Manager Salary FAQs

What is the salary of Branch Manager at NBFC?

Branch Manager salary at NBFC in India ranges between ₹2.6 Lakhs to ₹7.5 Lakhs for experience between 4 years to 14 years. According to our estimates it is 48% less than the average Branch Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of NBFC India.

How does the salary of a Branch Manager at NBFC India compare with the average salary range for this job?

The average salary of a Branch Manager at NBFC is 48% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at NBFC?

Interpersonal Skills, Communication Skills, Leadership Skills and Management Skills are some of the popular skills required to work as a Branch Manager at NBFC India.

Which similar companies are paying more than NBFC to a Branch Manager in India?

Kotak Mahindra Bank Branch Manager Salary - ₹6.6 Lakhs to ₹25.6 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Branch Manager Salary - ₹5.3 Lakhs to ₹22.0 Lakhs per year
ICICI Prudential Life Insurance Branch Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year

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

Tata AIA Life Insurance Branch Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Max Life Insurance Branch Manager Salary - ₹6.4 Lakhs to ₹14.0 Lakhs per year
SBI Life Insurance Company Branch Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year
PNB MetLife Branch Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
HDFC Life Branch Manager Salary - ₹5.5 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Branch Manager at NBFC in India?

The estimated take-home salary of a Branch Manager at NBFC ranges between ₹35,204 per month to ₹36,441 per month in India. The take-home salary calculation is based on the average NBFC Branch Manager salary in India which ranges between ₹2.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at NBFC?

According to AmbitionBox, 44% of the NBFC Branch Managers reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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NBFC Branch Manager Salaries

NBFC Branch Manager salary in India ranges between ₹2.6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 NBFC latest salaries received from various employees of NBFC.