NBFC Manager Salaries by 10+ Employees (Updated 2025)

6 - 28 years exp.

₹2.5 Lakhs - ₹9.9 Lakhs

Salary of majority employees

64% less than the average Manager Salary in Insurance Companies for 6 - 28 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 8 - 22 years exp. (4 salaries)	₹3 L/yr - ₹5.1 L/yr
Customer Success, Service & Operations Manager Salary 6 - 9 years exp. (3 salaries)	₹7 L/yr - ₹9.9 L/yr
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Procurement & Supply Chain Manager Salary 25 - 28 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr

Last Updated: 13 Nov 2024

Companies similar to NBFC for Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 19 years exp. (10.2k salaries)	₹5 L/yr - ₹14.5 L/yr 60% more
Bajaj Finance Manager Salary 1 - 13 years exp. (641 salaries)	₹2.5 L/yr - ₹11 L/yr 11% more
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ICICI Bank Manager Salary 0 - 18 years exp. (4.8k salaries)	₹5.5 L/yr - ₹18 L/yr 105% more	2 job openings
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹4.9 L/yr - ₹14 L/yr 64% more	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 37% more
Tata Capital Manager Salary 0 - 12 years exp. (317 salaries)	₹5.6 L/yr - ₹19 L/yr 86% more	13 job openings
Aditya Birla Capital Manager Salary 1 - 11 years exp. (175 salaries)	₹5 L/yr - ₹20 L/yr 92% more
Mahindra Finance Manager Salary 5 - 16 years exp. (140 salaries)	₹4.9 L/yr - ₹17.4 L/yr 72% more
L&T Finance Manager Salary 1 - 13 years exp. (393 salaries)	₹4.7 L/yr - ₹17.1 L/yr 83% more
Shriram Finance Manager Salary 5 - 11 years exp. (77 salaries)	₹2.1 L/yr - ₹11.5 L/yr 21% more
Kotak Mahindara Life Insurance Manager Salary 0 - 12 years exp. (568 salaries)	₹2.8 L/yr - ₹8.5 L/yr 8% less	1 job opening
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HDFC Ergo General Insurance Manager Salary 4 - 16 years exp. (432 salaries)	₹4.5 L/yr - ₹16.4 L/yr 65% more
Tata AIG Manager Salary 1 - 10 years exp. (420 salaries)	₹3.7 L/yr - ₹11.1 L/yr 13% more	5 job openings
HDFC Life Manager Salary 1 - 16 years exp. (405 salaries)	₹4.5 L/yr - ₹16.4 L/yr 58% more
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (292 salaries)	₹4 L/yr - ₹12 L/yr 32% more
ICICI Lombard General Insurance Company Manager Salary 0 - 14 years exp. (291 salaries)	₹3.4 L/yr - ₹11.7 L/yr 18% more
Max Life Insurance Manager Salary 5 - 15 years exp. (271 salaries)	₹4.5 L/yr - ₹15.5 L/yr 57% more	7 job openings
SBI Life Insurance Company Manager Salary 3 - 20 years exp. (263 salaries)	₹4.5 L/yr - ₹17.5 L/yr 87% more
Care Health Insurance Manager Salary 0 - 10 years exp. (244 salaries)	₹2 L/yr - ₹10 L/yr 8% less	3 job openings
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (222 salaries)	₹6.3 L/yr - ₹22 L/yr 138% more	8 job openings

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Manager salary at NBFC ranges between ₹2.5 Lakhs to ₹9.9 Lakhs per year for employees with experience between 6 years to 28 years. Salary estimates are based on 12 latest salaries received from various employees of NBFC.

Experience wise NBFC Manager salaries

Last Updated: 13 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
15+ years (7 salaries)	₹2.5 L/yr - ₹7 L/yr

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Similar Designation salaries in NBFC

Audit Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Credit Manager Salary

(9 salaries)

₹3 L/yr - ₹10 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Finance Manager Salary

(3 salaries)

₹6 L/yr - ₹15 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹5.1 L/yr - ₹6.6 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Audit Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Assistant Vice President Salary

(4 salaries)

₹11 L/yr - ₹36 L/yr

Salary related reviews for NBFC

3.0

Rated by 1 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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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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NBFC Manager Salary FAQs

What is the salary of Manager at NBFC?

Manager salary at NBFC in India ranges between ₹2.5 Lakhs to ₹9.9 Lakhs for experience between 6 years to 28 years. According to our estimates it is 64% less than the average Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of NBFC India.

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

The average salary of a Manager at NBFC is 64% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Bajaj Allianz General Insurance Manager Salary - ₹7.3 Lakhs to ₹30.0 Lakhs per year
Tata AIA Life Insurance Manager Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
Canara HSBC Life Insurance Manager Salary - ₹7.0 Lakhs to ₹23.6 Lakhs per year
Gallagher Manager Salary - ₹8.9 Lakhs to ₹14.0 Lakhs per year
Bajaj Allianz Life Insurance Manager Salary - ₹5.5 Lakhs to ₹22.0 Lakhs per year

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

ICICI Bank Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
SBI Life Insurance Company Manager Salary - ₹4.5 Lakhs to ₹17.5 Lakhs per year
Bharti AXA Life Insurance Manager Salary - ₹4.7 Lakhs to ₹18.0 Lakhs per year
Tata Capital Manager Salary - ₹5.6 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Manager at NBFC ranges between ₹44,294 per month to ₹45,395 per month in India. The take-home salary calculation is based on the average NBFC Manager salary in India which ranges between ₹2.5 Lakhs to ₹9.9 Lakhs per year for employees with experience between 6 years to 28 years. Check how did we calculate take home salary?

What is the notice period for Manager at NBFC?

According to AmbitionBox, 43% of the NBFC Managers reported a notice period of 15 days or less, 43% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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NBFC Manager Salaries

NBFC Manager salary in India ranges between ₹2.5 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 NBFC latest salaries received from various employees of NBFC.