Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary54% less than the average Sales Manager Salary in Insurance Companies for 2 - 8 years of experience
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Salaries in different departments
Sales & Business Development
Sales Manager Salary
2 - 7
years
exp.
(3
salaries)
|  ₹3 L/yr - ₹4 L/yr |
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| |
BFSI, Investments & Trading
Sales Manager Salary
4 - 5
years
exp.
(AmbitionBox Estimate)
| ₹3 L/yr - ₹6 L/yr |
Companies similar to NBFC for Sales Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Prudential Life Insurance Sales Manager Salary
0 - 12 years exp. (965 salaries) | ₹2.5 L/yr - ₹10.6 L/yr 
109%
more | 21 job openings |
 HDFC Life Sales Manager Salary
0 - 11 years exp. (695 salaries) | ₹1.1 L/yr - ₹7.5 L/yr
46%
more | 4 job openings |
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| ||
 Axis Max Life Insurance Sales Manager Salary
0 - 10 years exp. (614 salaries) | ₹2.7 L/yr - ₹6.2 L/yr
40%
more | 4 job openings |
 Reliance General Insurance Sales Manager Salary
0 - 14 years exp. (602 salaries) | ₹1.9 L/yr - ₹8.2 L/yr
58%
more | 1 job opening |
 ICICI Lombard General Insurance Company Sales Manager Salary
1 - 14 years exp. (576 salaries) | ₹2 L/yr - ₹11.4 L/yr
104%
more | |
 Kotak Mahindara Life Insurance Sales Manager Salary
0 - 10 years exp. (563 salaries) | ₹2 L/yr - ₹6.2 L/yr
35%
more | 11 job openings |
 Bajaj Allianz General Insurance Sales Manager Salary
0 - 13 years exp. (552 salaries) | ₹1.8 L/yr - ₹7 L/yr
40%
more | 72 job openings |
 Aditya Birla Health Insurance Co Sales Manager Salary
0 - 8 years exp. (413 salaries) | ₹2.6 L/yr - ₹5.1 L/yr
24%
more | |
 HDFC Ergo General Insurance Sales Manager Salary
0 - 10 years exp. (283 salaries) | ₹2.4 L/yr - ₹7.7 L/yr
33%
more | |
 Tata AIG Sales Manager Salary
2 - 14 years exp. (245 salaries) | ₹2.4 L/yr - ₹11.8 L/yr
99%
more | 2 job openings |
 Reliance Nippon Life Insurance Sales Manager Salary
0 - 10 years exp. (243 salaries) | ₹1.5 L/yr - ₹5 L/yr 
7%
less | |
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| ||
 Aditya Birla Sun Life Insurance Sales Manager Salary
1 - 10 years exp. (239 salaries) | ₹2.2 L/yr - ₹10.5 L/yr
89%
more | |
 Star Health & Allied Insurance Sales Manager Salary
0 - 10 years exp. (233 salaries) | ₹0.6 L/yr - ₹6 L/yr
5%
less | |
 Bajaj Allianz Life Insurance Sales Manager Salary
0 - 8 years exp. (209 salaries) | ₹1.9 L/yr - ₹7 L/yr
9%
more | 17 job openings |
 Future Generali India Life Insurance Sales Manager Salary
0 - 9 years exp. (208 salaries) | ₹2.2 L/yr - ₹6.3 L/yr
16%
more | 40 job openings |
 Cholamandalam MS General Insurance Sales Manager Salary
1 - 10 years exp. (193 salaries) | ₹1.7 L/yr - ₹6 L/yr
27%
more | |
 Tata AIA Life Insurance Sales Manager Salary
4 - 11 years exp. (189 salaries) | ₹2.4 L/yr - ₹8.9 L/yr
75%
more | 3 job openings |
 PNB MetLife Sales Manager Salary
1 - 9 years exp. (153 salaries) | ₹2 L/yr - ₹8 L/yr
14%
more | 104 job openings |
 Bharti AXA Life Insurance Sales Manager Salary
1 - 12 years exp. (119 salaries) | ₹2.1 L/yr - ₹7.4 L/yr
30%
more | 1 job opening |
 Canara HSBC Life Insurance Sales Manager Salary
3 - 12 years exp. (90 salaries) | ₹3 L/yr - ₹8.8 L/yr
73%
more | |
Latest annual salaries shared by NBFC Sales Manager
Experience wise NBFC Sales Manager salaries
Last Updated: 16 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹1.2
L/yr
- ₹3.5
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹3.6
L/yr
|
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| |
| 4 years (AmbitionBox Estimate) |
₹3
L/yr
- ₹5.8
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹6
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹2
L/yr
- ₹6
L/yr
|
Similar Designation salaries in NBFC
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NBFC Sales Manager Salary FAQs
The top 10% of Sales Manager at NBFC earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Sales Manager Salaries at NBFC can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 9 NBFC employees in India.
| Medi Assist India | ₹1.9 Lakhs to ₹14.2 Lakhs per year |
| ICICI Prudential Life Insurance | ₹2.5 Lakhs to ₹10.6 Lakhs per year |
| ICICI Lombard General Insurance Company | ₹2.0 Lakhs to ₹11.4 Lakhs per year |
| Tata AIG | ₹2.4 Lakhs to ₹11.8 Lakhs per year |
| Aditya Birla Sun Life Insurance | ₹2.2 Lakhs to ₹10.5 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by NBFC, depending on the role and experience level.
| Tata AIA Life Insurance | ₹2.4 Lakhs to ₹8.9 Lakhs per year |
| Canara HSBC Life Insurance | ₹3.0 Lakhs to ₹8.8 Lakhs per year |
| Reliance General Insurance | ₹1.9 Lakhs to ₹8.2 Lakhs per year |
| HDFC Life | ₹1.1 Lakhs to ₹7.5 Lakhs per year |
| Bajaj Allianz General Insurance | ₹1.8 Lakhs to ₹7.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹1.2 Lakhs to ₹3.5 Lakhs per year |
| 3 years | ₹2.8 Lakhs to ₹3.6 Lakhs per year |
| 4 years | ₹3.0 Lakhs to ₹5.8 Lakhs per year |
| 5 years | ₹2.0 Lakhs to ₹6.0 Lakhs per year |
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NBFC Sales Manager Salaries by Location
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NBFC Sales Manager salary
in
India
ranges between ₹2.1
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
9
NBFC latest salaries received from various employees of
NBFC.