NBFC Senior Manager Salaries by 7 Employees (Updated 2025)

10 - 19 years exp.

₹6 Lakhs - ₹17 Lakhs

Salary of majority employees

48% less than the average Senior Manager Salary in Insurance Companies for 10 - 19 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 10 - 18 years exp. (3 salaries)	₹6 L/yr - ₹16 L/yr
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BFSI, Investments & Trading Senior Manager Salary 15 - 19 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹13.5 L/yr

Last Updated: 2 Jul 2024

Companies similar to NBFC for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6k salaries)	₹8 L/yr - ₹24 L/yr 35% more
Bajaj Finance Senior Manager Salary 4 - 12 years exp. (146 salaries)	₹7 L/yr - ₹27.7 L/yr 43% more
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ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹27 L/yr 51% more
Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28 L/yr 44% more	1 job opening
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (3.5k salaries)	₹6.5 L/yr - ₹19.1 L/yr 13% more
Tata Capital Senior Manager Salary 4 - 13 years exp. (193 salaries)	₹9.2 L/yr - ₹30 L/yr 73% more
Aditya Birla Capital Senior Manager Salary 2 - 15 years exp. (115 salaries)	₹4.5 L/yr - ₹19 L/yr 1% less
Mahindra Finance Senior Manager Salary 4 - 14 years exp. (68 salaries)	₹7 L/yr - ₹29 L/yr 44% more
L&T Finance Senior Manager Salary 2 - 11 years exp. (365 salaries)	₹8.1 L/yr - ₹26 L/yr 54% more
Shriram Finance Senior Manager Salary 4 - 14 years exp. (55 salaries)	₹3.4 L/yr - ₹8.3 L/yr 28% less	1 job opening
ICICI Lombard General Insurance Company Senior Manager Salary 0 - 19 years exp. (1.5k salaries)	₹4.9 L/yr - ₹14 L/yr 14% less	5 job openings
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Kotak Mahindara Life Insurance Senior Manager Salary 1 - 14 years exp. (679 salaries)	₹3 L/yr - ₹12.1 L/yr 40% less	2 job openings
ICICI Prudential Life Insurance Senior Manager Salary 0 - 9 years exp. (450 salaries)	₹11 L/yr - ₹27 L/yr 61% more
HDFC Life Senior Manager Salary 2 - 18 years exp. (562 salaries)	₹9 L/yr - ₹25.2 L/yr 26% more	1 job opening
Tata AIG Senior Manager Salary 1 - 13 years exp. (471 salaries)	₹6 L/yr - ₹20 L/yr 1% more	5 job openings
Max Life Insurance Senior Manager Salary 3 - 17 years exp. (363 salaries)	₹7.2 L/yr - ₹29 L/yr 46% more	1 job opening
HDFC Ergo General Insurance Senior Manager Salary 5 - 19 years exp. (295 salaries)	₹7 L/yr - ₹25 L/yr 34% more
Tata AIA Life Insurance Senior Manager Salary 8 - 20 years exp. (233 salaries)	₹10.8 L/yr - ₹38 L/yr 105% more	13 job openings
Reliance Nippon Life Insurance Senior Manager Salary 0 - 18 years exp. (201 salaries)	₹8.1 L/yr - ₹14 L/yr 21% less
Bajaj Allianz Life Insurance Senior Manager Salary 0 - 16 years exp. (171 salaries)	₹5 L/yr - ₹16.4 L/yr 5% less	1 job opening

View all

Senior Manager salary at NBFC ranges between ₹6 Lakhs to ₹17 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of NBFC.

Experience wise NBFC Senior Manager salaries

Last Updated: 2 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹29.9 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹17 L/yr
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12 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
13 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
14 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
15+ years (5 salaries)	₹6 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in NBFC

Regional Manager Salary

(5 salaries)

₹4.35 L/yr - ₹18.01 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

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(10 salaries)

₹2.3 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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Salary Discussions, Hike & Promotions

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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 Senior Manager Salary FAQs

What is the salary of Senior Manager at NBFC?

Senior Manager salary at NBFC in India ranges between ₹6.0 Lakhs to ₹17.0 Lakhs for experience between 10 years to 19 years. According to our estimates it is 48% less than the average Senior Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of NBFC India.

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

The average salary of a Senior Manager at NBFC is 48% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

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

Tata AIA Life Insurance Senior Manager Salary - ₹10.8 Lakhs to ₹38.0 Lakhs per year
Canara HSBC Life Insurance Senior Manager Salary - ₹9.5 Lakhs to ₹30.3 Lakhs per year
Tata Capital Senior Manager Salary - ₹9.2 Lakhs to ₹30.0 Lakhs per year
ICICI Prudential Life Insurance Senior Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
L&T Finance Senior Manager Salary - ₹8.1 Lakhs to ₹26.0 Lakhs per year

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

ICICI Bank Senior Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
Gallagher Senior Manager Salary - ₹8.6 Lakhs to ₹27.0 Lakhs per year
Max Life Insurance Senior Manager Salary - ₹7.2 Lakhs to ₹29.0 Lakhs per year
Mahindra Finance Senior Manager Salary - ₹7.0 Lakhs to ₹29.0 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at NBFC ranges between ₹80,118 per month to ₹82,204 per month in India. The take-home salary calculation is based on the average NBFC Senior Manager salary in India which ranges between ₹6.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 10 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at NBFC?

According to AmbitionBox, 100% of the NBFC Senior Managers reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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NBFC Senior Manager Salaries

NBFC Senior Manager salary in India ranges between ₹6 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 NBFC latest salaries received from various employees of NBFC.