NBFC Relationship Manager Salaries by 10 Employees (Updated 2025)

2 - 6 years exp.

₹2.3 Lakhs - ₹5 Lakhs

Salary of majority employees

33% less than the average Relationship Manager Salary in Insurance Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 4 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr
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Finance & Accounting Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.7 L/yr

Last Updated: 24 Mar 2024

Companies similar to NBFC for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 16 years exp. (6.2k salaries)	₹2.4 L/yr - ₹12.5 L/yr 115% more	21 job openings
Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (86 salaries)	₹1.6 L/yr - ₹6.2 L/yr 24% more
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ICICI Bank Relationship Manager Salary 0 - 18 years exp. (12.9k salaries)	₹2.3 L/yr - ₹11 L/yr 114% more	8 job openings
Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.7k salaries)	₹2.5 L/yr - ₹13.2 L/yr 118% more	3 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.5k salaries)	₹1.5 L/yr - ₹10 L/yr 80% more	2 job openings
Tata Capital Relationship Manager Salary 0 - 11 years exp. (298 salaries)	₹4.5 L/yr - ₹16.4 L/yr 199% more	78 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (268 salaries)	₹2 L/yr - ₹7.5 L/yr 35% more
Mahindra Finance Relationship Manager Salary 0 - 10 years exp. (96 salaries)	₹2.2 L/yr - ₹6 L/yr 10% more
L&T Finance Relationship Manager Salary 1 - 8 years exp. (61 salaries)	₹2.4 L/yr - ₹12 L/yr 100% more
Shriram Finance Relationship Manager Salary 0 - 10 years exp. (161 salaries)	₹1.8 L/yr - ₹6.9 L/yr 6% more
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.3 L/yr - ₹4.7 L/yr 8% more	158 job openings
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Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (1.3k salaries)	₹2 L/yr - ₹5.6 L/yr 18% more	215 job openings
Tata AIG Relationship Manager Salary 0 - 12 years exp. (887 salaries)	₹2.2 L/yr - ₹7.5 L/yr 39% more	22 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (769 salaries)	₹1.6 L/yr - ₹5 L/yr 1% less	9 job openings
HDFC Life Relationship Manager Salary 0 - 6 years exp. (561 salaries)	₹1.7 L/yr - ₹5 L/yr 2% more	4 job openings
Care Health Insurance Relationship Manager Salary 0 - 8 years exp. (461 salaries)	₹1.2 L/yr - ₹5 L/yr 13% less	5 job openings
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (485 salaries)	₹1.1 L/yr - ₹7 L/yr 38% more	5 job openings
ICICI Prudential Life Insurance Relationship Manager Salary 0 - 7 years exp. (335 salaries)	₹1.9 L/yr - ₹7.5 L/yr 34% more
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 9 years exp. (330 salaries)	₹1.5 L/yr - ₹6.5 L/yr 15% more	45 job openings
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 12 years exp. (320 salaries)	₹2.3 L/yr - ₹8.6 L/yr 37% more

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Relationship Manager salary at NBFC ranges between ₹2.3 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 10 latest salaries received from various employees of NBFC.

Experience wise NBFC Relationship Manager salaries

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.9 L/yr
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4 years (3 salaries)	₹2.9 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr

Similar Designation salaries in NBFC

Relationship Officer Salary

(3 salaries)

₹1.1 L/yr - ₹3 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7 L/yr

Deputy Manager Salary

(5 salaries)

₹4 L/yr - ₹7 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Branch Sales Manager Salary

(4 salaries)

₹2.1 L/yr - ₹6.7 L/yr

Territory Sales Manager Salary

(4 salaries)

₹6 L/yr - ₹6.5 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹3.3 L/yr - ₹5 L/yr

Salary related reviews for NBFC

4.0

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…

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 Relationship Manager Salary FAQs

What is the salary of Relationship Manager at NBFC?

Relationship Manager salary at NBFC in India ranges between ₹2.3 Lakhs to ₹5.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 33% less than the average Relationship Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of NBFC India.

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

The average salary of a Relationship Manager at NBFC is 33% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Tata Capital Relationship Manager Salary - ₹4.5 Lakhs to ₹16.4 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.2 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹12.5 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹2.3 Lakhs to ₹11.0 Lakhs per year
L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year

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

Kotak Mahindra Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.1 Lakhs to ₹7.0 Lakhs per year
ICICI Lombard General Insurance Company Relationship Manager Salary - ₹2.3 Lakhs to ₹8.6 Lakhs per year
Aditya Birla Capital Relationship Manager Salary - ₹2.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at NBFC ranges between ₹24,472 per month to ₹25,918 per month in India. The take-home salary calculation is based on the average NBFC Relationship Manager salary in India which ranges between ₹2.3 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at NBFC?

According to AmbitionBox, 50% of the NBFC Relationship Managers reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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NBFC Relationship Manager Salaries

NBFC Relationship Manager salary in India ranges between ₹2.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 NBFC latest salaries received from various employees of NBFC.