NBFC General Manager Salaries by 4 Employees (Updated 2025)

2 - 31 years exp.

₹2.5 Lakhs - ₹10.8 Lakhs

Salary of majority employees

82% less than the average General Manager Salary in Insurance Companies for 2 - 31 years of experience

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Salaries in different departments

BFSI, Investments & Trading General Manager Salary 2 - 31 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.3 L/yr
Human Resources General Manager Salary 22 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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Risk Management & Compliance General Manager Salary 30 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to NBFC for General Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank General Manager Salary 0 - 14 years exp. (9 salaries)	₹22.9 L/yr - ₹41.8 L/yr 245% more
Bajaj Finance General Manager Salary 3 - 20 years exp. (4 salaries)	₹20 L/yr - ₹40 L/yr 308% more
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ICICI Bank General Manager Salary 0 - 8 years exp. (8 salaries)	₹3 L/yr - ₹9.7 L/yr 8% more
Axis Bank General Manager Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹24 L/yr 104% more
Kotak Mahindra Bank General Manager Salary 1 year exp. (3 salaries)	₹20.2 L/yr - ₹24 L/yr 214% more
Mahindra Finance General Manager Salary 15 - 21 years exp. (7 salaries)	₹28 L/yr - ₹67 L/yr 774% more
Shriram Finance General Manager Salary 18 - 31 years exp. (3 salaries)	₹12 L/yr - ₹22 L/yr 171% more
HDFC Life General Manager Salary 10 - 24 years exp. (27 salaries)	₹18 L/yr - ₹26 L/yr 250% more
Star Health & Allied Insurance General Manager Salary 12 - 20 years exp. (10 salaries)	₹14 L/yr - ₹31 L/yr 172% more
PNB MetLife General Manager Salary 10 - 19 years exp. (7 salaries)	₹26.7 L/yr - ₹50.5 L/yr 562% more
Cholamandalam MS General Insurance General Manager Salary 8 - 29 years exp. (4 salaries)	₹39 L/yr - ₹45 L/yr 533% more
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Bajaj Allianz Life Insurance General Manager Salary 12 - 20 years exp. (4 salaries)	₹30 L/yr - ₹45 L/yr 412% more
ICICI Lombard General Insurance Company General Manager Salary 0 - 19 years exp. (3 salaries)	₹10 L/yr - ₹30 L/yr 197% more
HDFC Ergo General Insurance General Manager Salary 0 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹4.5 L/yr 45% less

General Manager salary at NBFC ranges between ₹2.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 2 years to 31 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC General Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
14 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
15+ years (3 salaries)	₹4.3 L/yr - ₹15.4 L/yr

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Similar Designation salaries in NBFC

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Operations Manager Salary

(4 salaries)

₹7 L/yr - ₹9.5 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Salary related reviews for NBFC

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

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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NBFC General Manager Salary FAQs

What is the salary of General Manager at NBFC?

General Manager salary at NBFC in India ranges between ₹2.5 Lakhs to ₹10.8 Lakhs for experience between 2 years to 31 years. According to our estimates it is 82% less than the average General Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of NBFC India.

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

The average salary of a General Manager at NBFC is 82% less than the average salary of a General Manager in India. To know exact salary insights, login to view.

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

Mahindra Finance General Manager Salary - ₹28.0 Lakhs to ₹67.0 Lakhs per year
PNB MetLife General Manager Salary - ₹26.7 Lakhs to ₹50.5 Lakhs per year
Cholamandalam MS General Insurance General Manager Salary - ₹39.0 Lakhs to ₹45.0 Lakhs per year
Bajaj Allianz Life Insurance General Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
Bajaj Finance General Manager Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year

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

HDFC Life General Manager Salary - ₹18.0 Lakhs to ₹26.0 Lakhs per year
HDFC Bank General Manager Salary - ₹22.9 Lakhs to ₹41.8 Lakhs per year
Kotak Mahindra Bank General Manager Salary - ₹20.2 Lakhs to ₹24.0 Lakhs per year
ICICI Lombard General Insurance Company General Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
Star Health & Allied Insurance General Manager Salary - ₹14.0 Lakhs to ₹31.0 Lakhs per year

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

The estimated take-home salary of a General Manager at NBFC ranges between ₹51,514 per month to ₹52,729 per month in India. The take-home salary calculation is based on the average NBFC General Manager salary in India which ranges between ₹2.5 Lakhs to ₹10.8 Lakhs per year for employees with experience between 2 years to 31 years. Check how did we calculate take home salary?

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NBFC General Manager Salaries by Location

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NBFC General Manager Salaries

NBFC General Manager salary in India ranges between ₹2.5 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.

NBFC General Manager salaries in India

Companies similar to NBFC for General Manager

Latest annual salaries shared by NBFC General Manager

Experience wise NBFC General Manager salaries

Similar Designation salaries in NBFC

Salary related reviews for NBFC

Back Office Executive in Jaipur

Bajaj Finance Limited in Mumbai

Assistant Manager

Assistant Manager in Gurgaon / Gurugram

Senior Area Collection Manager in Wani

NBFC General Manager Salary FAQs

Tell us how to improve this page.

NBFC General Manager Salaries by Location