NBFC Relationship Manager Salaries by 5 Employees (Updated 2025)

2 - 5 years exp.

₹2.8 Lakhs - ₹5 Lakhs

Salary of majority employees

30% less than the average Relationship Manager Salary in Insurance Companies for 2 - 5 years of experience

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Last Updated: 24 Mar 2024

Companies similar to NBFC for Relationship Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 16 years exp. (1.7k salaries)	₹2.8 L/yr - ₹13.1 L/yr 109% more	19 job openings
Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (22 salaries)	₹2 L/yr - ₹6.2 L/yr 12% more
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ICICI Bank Relationship Manager Salary 0 - 18 years exp. (2.2k salaries)	₹2.8 L/yr - ₹11.5 L/yr 111% more	8 job openings
Axis Bank Relationship Manager Salary 0 - 15 years exp. (297 salaries)	₹2.5 L/yr - ₹13 L/yr 106% more	6 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 11 years exp. (515 salaries)	₹1.8 L/yr - ₹11 L/yr 73% more	2 job openings
Tata Capital Relationship Manager Salary 0 - 12 years exp. (92 salaries)	₹4.5 L/yr - ₹16.9 L/yr 174% more	75 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (53 salaries)	₹2.9 L/yr - ₹7.5 L/yr 40% more
Mahindra Finance Relationship Manager Salary 0 - 10 years exp. (27 salaries)	₹2.6 L/yr - ₹6 L/yr 8% more
L&T Finance Relationship Manager Salary 1 - 8 years exp. (22 salaries)	₹2.4 L/yr - ₹9 L/yr 105% more	4 job openings
Shriram Finance Relationship Manager Salary 0 - 7 years exp. (20 salaries)	₹1.8 L/yr - ₹4.8 L/yr 7% more
Tata AIG Relationship Manager Salary 0 - 12 years exp. (241 salaries)	₹2.5 L/yr - ₹7.8 L/yr 42% more	35 job openings
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Tata AIA Life Insurance Relationship Manager Salary 0 - 9 years exp. (230 salaries)	₹2.5 L/yr - ₹5.6 L/yr 15% more	182 job openings
PNB MetLife Relationship Manager Salary 0 - 12 years exp. (193 salaries)	₹2.4 L/yr - ₹4.7 L/yr 6% more	150 job openings
Bajaj Allianz Life Insurance Relationship Manager Salary 0 - 10 years exp. (162 salaries)	₹1.6 L/yr - ₹5 L/yr 3% less	5 job openings
HDFC Life Relationship Manager Salary 0 - 10 years exp. (110 salaries)	₹1.8 L/yr - ₹5 L/yr 4% more	4 job openings
Care Health Insurance Relationship Manager Salary 0 - 8 years exp. (109 salaries)	₹1.8 L/yr - ₹4.5 L/yr 21% less	4 job openings
ICICI Lombard General Insurance Company Relationship Manager Salary 0 - 11 years exp. (85 salaries)	₹2.5 L/yr - ₹9.5 L/yr 31% more
Max Life Insurance Relationship Manager Salary 0 - 10 years exp. (83 salaries)	₹1.9 L/yr - ₹7 L/yr 35% more	7 job openings
Bajaj Allianz General Insurance Relationship Manager Salary 0 - 10 years exp. (82 salaries)	₹2 L/yr - ₹6 L/yr 12% more	68 job openings
Star Health & Allied Insurance Relationship Manager Salary 0 - 10 years exp. (68 salaries)	₹1.7 L/yr - ₹4.1 L/yr 4% less

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Relationship Manager salary at NBFC ranges between ₹2.8 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of NBFC.

Experience wise NBFC Relationship Manager salaries in Sales & Business Development department

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr

Similar Designation salaries in NBFC

Relationship Officer Salary

(3 salaries)

₹1.1 L/yr - ₹3 L/yr

Branch Manager Salary

(16 salaries)

₹2.6 L/yr - ₹7 L/yr

Deputy Manager Salary

(5 salaries)

₹2 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…

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.

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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NBFC Relationship Manager Salary FAQs

What is the salary of Relationship Manager at NBFC in Sales & Business Development department?

Relationship Manager salary at NBFC in Sales & Business Development department in India ranges between ₹2.8 Lakhs to ₹5.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 30% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of NBFC India in Sales & Business Development department.

How does the salary of a Relationship Manager at NBFC India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Relationship Manager at NBFC in Sales & Business Development department is 30% 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 Sales & Business Development department in India?

Tata Capital Relationship Manager Salary - ₹4.5 Lakhs to ₹16.9 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹11.5 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹13.1 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year
L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Relationship Manager in Sales & Business Development department in companies similar to NBFC in India?

Kotak Mahindra Bank Relationship Manager Salary - ₹1.8 Lakhs to ₹11.0 Lakhs per year
Tata AIG Relationship Manager Salary - ₹2.5 Lakhs to ₹7.8 Lakhs per year
Aditya Birla Capital Relationship Manager Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
Max Life Insurance Relationship Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
ICICI Prudential Life Insurance Relationship Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Relationship Manager in Sales & Business Development department at NBFC in India?

The estimated take-home salary of a Relationship Manager in Sales & Business Development department at NBFC ranges between ₹25,949 per month to ₹27,374 per month in India. The take-home salary calculation is based on the average NBFC Relationship Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager in Sales & Business Development department at NBFC?

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

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NBFC Relationship Manager Salaries in Sales & Business Development

NBFC Relationship Manager salary in Sales & Business Development department in India ranges between ₹2.8 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 NBFC latest salaries received from various employees of NBFC.

NBFC Relationship Manager salaries in Sales & Business Development in India

Companies similar to NBFC for Relationship Manager in Sales & Business Development department

Latest annual salaries shared by NBFC Relationship Manager in Sales & Business Development department

Experience wise NBFC Relationship Manager salaries in Sales & Business Development department

Similar Designation salaries in NBFC

Salary related reviews for NBFC

Back Office Executive in Jaipur

Bajaj Finance Limited in Mumbai

Assistant Manager

Assistant Manager in Gurgaon / Gurugram

Senior Area Collection Manager in Wani

NBFC Relationship Manager Salary FAQs

Tell us how to improve this page.

NBFC Relationship Manager Salaries by Location