NBFC Operations Manager Salaries by 4 Employees (Updated 2024)

17 - 18 years exp.

₹7 Lakhs - ₹9.5 Lakhs

Salary of majority employees

23% less than the average Operations Manager Salary in Insurance Companies for 17 - 18 years of experience

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Last Updated: 23 May 2024

Companies similar to NBFC for Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 1 - 18 years exp. (690 salaries)	₹3.2 L/yr - ₹11.5 L/yr 3% less
Bajaj Finance Operations Manager Salary 1 - 9 years exp. (112 salaries)	₹2.5 L/yr - ₹10 L/yr 37% less
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ICICI Bank Operations Manager Salary 0 - 13 years exp. (497 salaries)	₹2.5 L/yr - ₹11 L/yr 18% less
Axis Bank Operations Manager Salary 3 - 16 years exp. (493 salaries)	₹3.6 L/yr - ₹12.2 L/yr 4% less
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (256 salaries)	₹2 L/yr - ₹11.2 L/yr 23% less
Tata Capital Operations Manager Salary 3 - 14 years exp. (39 salaries)	₹2.5 L/yr - ₹8 L/yr 32% less
Aditya Birla Capital Operations Manager Salary 3 - 12 years exp. (30 salaries)	₹2.8 L/yr - ₹12.8 L/yr 14% less
Mahindra Finance Operations Manager Salary 1 - 13 years exp. (12 salaries)	₹1.3 L/yr - ₹6.7 L/yr 58% less
L&T Finance Operations Manager Salary 1 - 6 years exp. (47 salaries)	₹1.8 L/yr - ₹3.6 L/yr 68% less
Shriram Finance Operations Manager Salary 2 - 15 years exp. (9 salaries)	₹2.6 L/yr - ₹6 L/yr 52% less
ICICI Lombard General Insurance Company Operations Manager Salary 2 - 11 years exp. (271 salaries)	₹1.5 L/yr - ₹9 L/yr 50% less
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Care Health Insurance Operations Manager Salary 1 - 7 years exp. (112 salaries)	₹1.5 L/yr - ₹6.8 L/yr 61% less
Max Life Insurance Operations Manager Salary 1 - 16 years exp. (49 salaries)	₹3 L/yr - ₹11 L/yr 25% less
SBI Life Insurance Company Operations Manager Salary 6 - 17 years exp. (46 salaries)	₹3.6 L/yr - ₹13 L/yr 4% less
ICICI Prudential Life Insurance Operations Manager Salary 2 - 12 years exp. (39 salaries)	₹2.2 L/yr - ₹9 L/yr 43% less
HDFC Life Operations Manager Salary 1 - 15 years exp. (39 salaries)	₹1.5 L/yr - ₹10 L/yr 38% less
Kotak Mahindara Life Insurance Operations Manager Salary 1 - 13 years exp. (35 salaries)	₹2.7 L/yr - ₹8.5 L/yr 42% less
Tata AIG Operations Manager Salary 3 - 15 years exp. (34 salaries)	₹3.3 L/yr - ₹8.6 L/yr 33% less
HDFC Ergo General Insurance Operations Manager Salary 4 - 14 years exp. (25 salaries)	₹2.3 L/yr - ₹9.6 L/yr 33% less
MetLife Operations Manager Salary 7 - 19 years exp. (24 salaries)	₹16 L/yr - ₹30 L/yr 157% more

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Operations Manager salary at NBFC ranges between ₹7 Lakhs to ₹9.5 Lakhs per year for employees with experience between 17 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC Operations Manager salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹7 L/yr - ₹9.5 L/yr
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Similar Designation salaries in NBFC

Relationship Manager Salary

(13 salaries)

₹2.3 L/yr - ₹5 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7.45 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Operations Executive Salary

(7 salaries)

₹1.8 L/yr - ₹3 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Team Lead Salary

(6 salaries)

₹1.8 L/yr - ₹3 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 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

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 Operations Manager Salary FAQs

What is the salary of Operations Manager at NBFC?

Operations Manager salary at NBFC in India ranges between ₹7.0 Lakhs to ₹9.5 Lakhs for experience between 17 years to 18 years. According to our estimates it is 23% less than the average Operations 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 Operations Manager at NBFC India compare with the average salary range for this job?

The average salary of a Operations Manager at NBFC is 23% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Allstate Operations Manager Salary - ₹14.5 Lakhs to ₹50.0 Lakhs per year
MetLife Operations Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
Gallagher Operations Manager Salary - ₹15.9 Lakhs to ₹21.3 Lakhs per year
First American Corporation Operations Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
Tata AIA Life Insurance Operations Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year

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

HDFC Bank Operations Manager Salary - ₹3.2 Lakhs to ₹11.5 Lakhs per year
Bajaj Allianz Life Insurance Operations Manager Salary - ₹3.5 Lakhs to ₹11.9 Lakhs per year
Axis Bank Operations Manager Salary - ₹3.6 Lakhs to ₹12.2 Lakhs per year
SBI Life Insurance Company Operations Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Capital Operations Manager Salary - ₹2.8 Lakhs to ₹12.8 Lakhs per year

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

The estimated take-home salary of a Operations Manager at NBFC ranges between ₹61,033 per month to ₹62,579 per month in India. The take-home salary calculation is based on the average NBFC Operations Manager salary in India which ranges between ₹7.0 Lakhs to ₹9.5 Lakhs per year for employees with experience between 17 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Operations Manager at NBFC?

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

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NBFC Operations Manager Salaries

NBFC Operations Manager salary in India ranges between ₹7 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.