NBFC IT Manager Salaries by 4 Employees (Updated 2025)

20 - 23 years exp.

₹8 Lakhs - ₹10.5 Lakhs

Salary of majority employees

37% less than the average IT Manager Salary in Insurance Companies for 20 - 23 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 20 - 22 years exp. (3 salaries)	₹7.2 L/yr - ₹8.8 L/yr
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IT & Information Security IT Manager Salary 23 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 5 Jul 2024

Companies similar to NBFC for IT Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 1 - 11 years exp. (108 salaries)	₹6.7 L/yr - ₹20 L/yr 35% more
Bajaj Finance IT Manager Salary 1 - 11 years exp. (18 salaries)	₹4.6 L/yr - ₹13.2 L/yr At par
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ICICI Bank IT Manager Salary 0 - 13 years exp. (12 salaries)	₹9 L/yr - ₹22.6 L/yr 46% more
Axis Bank IT Manager Salary 1 - 12 years exp. (70 salaries)	₹10 L/yr - ₹18 L/yr 63% more
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 32% more
Tata Capital IT Manager Salary 0 - 11 years exp. (19 salaries)	₹6.4 L/yr - ₹18.5 L/yr 38% more
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹18.2 L/yr 32% more
Mahindra Finance IT Manager Salary 8 - 17 years exp. (33 salaries)	₹5 L/yr - ₹17.8 L/yr 22% more
L&T Finance IT Manager Salary 5 - 8 years exp. (7 salaries)	₹8.6 L/yr - ₹14.2 L/yr 28% more
Shriram Finance IT Manager Salary 3 - 28 years exp. (3 salaries)	₹2.8 L/yr - ₹4.5 L/yr 55% less
Care Health Insurance IT Manager Salary 1 - 11 years exp. (128 salaries)	₹2.5 L/yr - ₹10.8 L/yr 26% less
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Tata AIG IT Manager Salary 1 - 10 years exp. (25 salaries)	₹4.9 L/yr - ₹14 L/yr 3% less
Bharti AXA Life Insurance IT Manager Salary 5 - 11 years exp. (17 salaries)	₹7 L/yr - ₹15 L/yr 38% more
ICICI Prudential Life Insurance IT Manager Salary 0 - 14 years exp. (16 salaries)	₹4.7 L/yr - ₹14 L/yr 8% more
HDFC Ergo General Insurance IT Manager Salary 5 - 16 years exp. (15 salaries)	₹8.7 L/yr - ₹16 L/yr 42% more
Canara HSBC Life Insurance IT Manager Salary 6 - 17 years exp. (11 salaries)	₹6.8 L/yr - ₹19 L/yr 65% more
Aditya Birla Sun Life Insurance IT Manager Salary 0 - 8 years exp. (8 salaries)	₹8.9 L/yr - ₹14.7 L/yr 45% more
ICICI Lombard General Insurance Company IT Manager Salary 7 - 11 years exp. (7 salaries)	₹10.1 L/yr - ₹16.5 L/yr 57% more
Cholamandalam MS General Insurance IT Manager Salary 8 - 20 years exp. (7 salaries)	₹9 L/yr - ₹23.5 L/yr 74% more
PNB MetLife IT Manager Salary 8 - 18 years exp. (7 salaries)	₹16.5 L/yr - ₹18.3 L/yr 98% more

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IT Manager salary at NBFC ranges between ₹8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 20 years to 23 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC IT Manager salaries

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹8 L/yr - ₹10.5 L/yr
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Similar Designation salaries in NBFC

Deputy Manager Salary

(5 salaries)

₹4 L/yr - ₹7 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Team Lead Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Operations Manager Salary

(4 salaries)

₹7 L/yr - ₹9.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹14.2 L/yr - ₹18.2 L/yr

System Administrator Salary

(3 salaries)

₹4.7 L/yr - ₹7 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 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…

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

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

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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NBFC IT Manager Salary FAQs

What is the salary of IT Manager at NBFC?

IT Manager salary at NBFC in India ranges between ₹8.0 Lakhs to ₹10.5 Lakhs for experience between 20 years to 23 years. According to our estimates it is 37% less than the average IT 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 IT Manager at NBFC India compare with the average salary range for this job?

The average salary of a IT Manager at NBFC is 37% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance IT Manager Salary - ₹18.0 Lakhs to ₹26.0 Lakhs per year
Tata AIA Life Insurance IT Manager Salary - ₹16.5 Lakhs to ₹24.8 Lakhs per year
Bajaj Allianz Life Insurance IT Manager Salary - ₹17.7 Lakhs to ₹18.4 Lakhs per year
PNB MetLife IT Manager Salary - ₹16.5 Lakhs to ₹18.3 Lakhs per year
Star Health & Allied Insurance IT Manager Salary - ₹15.0 Lakhs to ₹16.5 Lakhs per year

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

Cholamandalam MS General Insurance IT Manager Salary - ₹9.0 Lakhs to ₹23.5 Lakhs per year
Canara HSBC Life Insurance IT Manager Salary - ₹6.8 Lakhs to ₹19.0 Lakhs per year
Axis Bank IT Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
HDFC Life IT Manager Salary - ₹12.5 Lakhs to ₹15.0 Lakhs per year
SBI Life Insurance Company IT Manager Salary - ₹8.0 Lakhs to ₹21.3 Lakhs per year

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

The estimated take-home salary of a IT Manager at NBFC ranges between ₹63,954 per month to ₹65,582 per month in India. The take-home salary calculation is based on the average NBFC IT Manager salary in India which ranges between ₹8.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 20 years to 23 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at NBFC?

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

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NBFC IT Manager Salaries

NBFC IT Manager salary in India ranges between ₹8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.