NBFC IT Manager Salaries by 4 Employees (Updated 2024)

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. (110 salaries)	₹6.7 L/yr - ₹20 L/yr 30% 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 6 - 14 years exp. (25 salaries)	₹8.3 L/yr - ₹21.9 L/yr 44% more
Axis Bank IT Manager Salary 3 - 11 years exp. (56 salaries)	₹9.7 L/yr - ₹17.3 L/yr 61% more
Kotak Mahindra Bank IT Manager Salary 4 - 11 years exp. (18 salaries)	₹6.4 L/yr - ₹18.5 L/yr 29% 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 28% 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. (122 salaries)	₹2.5 L/yr - ₹10 L/yr 33% 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
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
Aditya Birla Sun Life Insurance IT Manager Salary 0 - 8 years exp. (8 salaries)	₹8.9 L/yr - ₹14.7 L/yr 36% 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
Tata AIA Life Insurance IT Manager Salary 7 - 16 years exp. (6 salaries)	₹16.5 L/yr - ₹24.8 L/yr 128% more
PNB MetLife IT Manager Salary 7 - 17 years exp. (6 salaries)	₹16 L/yr - ₹17.3 L/yr 92% more
Star Health & Allied Insurance IT Manager Salary 3 - 10 years exp. (6 salaries)	₹15 L/yr - ₹16.5 L/yr 76% more
Bajaj Allianz Life Insurance IT Manager Salary 6 - 17 years exp. (5 salaries)	₹17.7 L/yr - ₹18.4 L/yr 105% 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)

₹2 L/yr - ₹7 L/yr

NOC Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

IT Administrator Salary

(3 salaries)

₹2 L/yr - ₹2.4 L/yr

Network Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 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…

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

Discover interview dos and don'ts from real experiences

Top trending discussions

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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 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?

First American Corporation IT Manager Salary - ₹28.0 Lakhs to ₹30.0 Lakhs per year
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
MetLife IT Manager Salary - ₹11.6 Lakhs to ₹24.8 Lakhs per year
Bajaj Allianz Life Insurance IT Manager Salary - ₹17.7 Lakhs to ₹18.4 Lakhs per year

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

PNB MetLife IT Manager Salary - ₹16.0 Lakhs to ₹17.3 Lakhs per year
Star Health & Allied Insurance IT Manager Salary - ₹15.0 Lakhs to ₹16.5 Lakhs per year
HDFC Life IT Manager Salary - ₹12.5 Lakhs to ₹15.0 Lakhs per year
Axis Bank IT Manager Salary - ₹9.7 Lakhs to ₹17.3 Lakhs per year
SBI Life Insurance Company IT Manager Salary - ₹12.0 Lakhs to ₹20.0 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.