NBFC Mumbai Sales Officer Salaries by 4 Employees

1 - 5 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Sales Officer Salary in Insurance Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Officer Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
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Finance & Accounting Sales Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Last Updated: 16 Mar 2023

Companies similar to NBFC for Sales Officer in Mumbai

NBFC Sales Officer Salary

1 - 5 years exp. (4 salaries)

₹2.1 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Sales Officer Salary 0 - 6 years exp. (26 salaries)	₹1.1 L/yr - ₹3.6 L/yr 2% more
Canara HSBC Life Insurance Sales Officer Salary 0 - 6 years exp. (23 salaries)	₹2.7 L/yr - ₹3.5 L/yr 19% more
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Bajaj Allianz General Insurance Sales Officer Salary 0 - 6 years exp. (18 salaries)	₹1.2 L/yr - ₹3.3 L/yr 9% less
HDFC Ergo General Insurance Sales Officer Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹3.9 L/yr 17% more
ICICI Prudential Life Insurance Sales Officer Salary 0 - 5 years exp. (3 salaries)	₹3.4 L/yr - ₹3.6 L/yr 36% more
Reliance Nippon Life Insurance Sales Officer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr 12% less
Aditya Birla Health Insurance Co Sales Officer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 39% more
Star Union Dai-ichi Life Insurance Sales Officer Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr 33% more
HDFC Life Sales Officer Salary 1 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 15% more	1 job opening
Reliance General Insurance Sales Officer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹3.2 L/yr 4% more

Sales Officer salary at NBFC ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC Sales Officer salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

Similar Designation salaries in NBFC

State Head Salary

(3 salaries)

₹15.5 L/yr - ₹19 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…

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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NBFC Sales Officer Salary FAQs

What is the salary of Sales Officer at NBFC in Mumbai?

The average salary of a Sales Officer at NBFC in Mumbai typically ranges from ₹2.1 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Officer in Mumbai at NBFC earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Officer 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 4 NBFC employees in India.

What is the estimated take home salary of a Sales Officer at NBFC in Mumbai?

The estimated take-home salary of a Sales Officer at NBFC in Mumbai typically ranges from ₹18,057 to ₹19,749 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of NBFC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NBFC for Sales Officer in India?

Aditya Birla Health Insurance Co	₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Prudential Life Insurance	₹3.4 Lakhs to ₹3.6 Lakhs per year
Star Union Dai-ichi Life Insurance	₹2.5 Lakhs to ₹3.8 Lakhs per year
Canara HSBC Life Insurance	₹2.7 Lakhs to ₹3.5 Lakhs per year
HDFC Ergo General Insurance	₹2.9 Lakhs to ₹3.9 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.

What is the salary of a Sales Officer in companies similar to NBFC in Mumbai?

The salary of a Sales Officer at companies similar to NBFC in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life	₹2.4 Lakhs to ₹3.0 Lakhs per year
Reliance General Insurance	₹2.1 Lakhs to ₹3.2 Lakhs per year
ICICI Lombard General Insurance Company	₹1.1 Lakhs to ₹3.6 Lakhs per year
Bajaj Allianz General Insurance	₹1.2 Lakhs to ₹3.3 Lakhs per year
Reliance Nippon Life Insurance	₹1.8 Lakhs to ₹2.5 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.

How the salary growth look like for a Sales Officer at NBFC in Mumbai?

The salary growth for a Sales Officer at NBFC in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Officer in Mumbai can expect the following growth trajectory at NBFC:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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NBFC Sales Officer Salaries in Mumbai

NBFC Sales Officer salary in Mumbai ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.