NBFC Senior Manager-HR Salaries by 4 Employees (Updated 2025)

10 - 20 years exp.

₹8.6 Lakhs - ₹14 Lakhs

Salary of majority employees

46% less than the average Senior Manager-HR Salary in Insurance Companies for 10 - 20 years of experience

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Salaries in different departments

Human Resources Senior Manager-HR Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹14 L/yr
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Administration & Facilities Senior Manager-HR Salary 16 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 23 Jan 2024

Companies similar to NBFC for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager-HR Salary 7 - 14 years exp. (57 salaries)	₹11 L/yr - ₹20.5 L/yr 59% more
Bajaj Finance Senior Manager-HR Salary 9 - 25 years exp. (11 salaries)	₹20 L/yr - ₹42.6 L/yr 201% more
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ICICI Bank Senior Manager-HR Salary 3 - 9 years exp. (33 salaries)	₹16 L/yr - ₹33 L/yr 146% more
Axis Bank Senior Manager-HR Salary 7 - 13 years exp. (24 salaries)	₹11 L/yr - ₹22 L/yr 53% more
Kotak Mahindra Bank Senior Manager-HR Salary 4 - 13 years exp. (45 salaries)	₹9 L/yr - ₹18 L/yr 37% more
Tata Capital Senior Manager-HR Salary 9 - 14 years exp. (7 salaries)	₹12.9 L/yr - ₹20 L/yr 47% more
Aditya Birla Capital Senior Manager-HR Salary 4 - 10 years exp. (6 salaries)	₹10.3 L/yr - ₹13.1 L/yr 18% more
Mahindra Finance Senior Manager-HR Salary 4 - 12 years exp. (3 salaries)	₹10.8 L/yr - ₹23 L/yr 63% more
L&T Finance Senior Manager-HR Salary 1 - 10 years exp. (19 salaries)	₹9.8 L/yr - ₹15.3 L/yr 25% more
Shriram Finance Senior Manager-HR Salary 9 - 20 years exp. (5 salaries)	₹5 L/yr - ₹10.5 L/yr 27% less
ICICI Lombard General Insurance Company Senior Manager-HR Salary 3 - 12 years exp. (30 salaries)	₹7 L/yr - ₹14 L/yr 4% more
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HDFC Life Senior Manager-HR Salary 9 - 16 years exp. (26 salaries)	₹8 L/yr - ₹24 L/yr 34% more	1 job opening
ICICI Prudential Life Insurance Senior Manager-HR Salary 1 - 15 years exp. (25 salaries)	₹8 L/yr - ₹21 L/yr 41% more
Max Life Insurance Senior Manager-HR Salary 8 - 15 years exp. (24 salaries)	₹11 L/yr - ₹25.5 L/yr 64% more
Tata AIG Senior Manager-HR Salary 1 - 14 years exp. (21 salaries)	₹8.5 L/yr - ₹15.1 L/yr At par
Kotak Mahindara Life Insurance Senior Manager-HR Salary 2 - 11 years exp. (20 salaries)	₹5.9 L/yr - ₹13.8 L/yr 5% less
HDFC Ergo General Insurance Senior Manager-HR Salary 2 - 19 years exp. (19 salaries)	₹12 L/yr - ₹17 L/yr 35% more
Cholamandalam MS General Insurance Senior Manager-HR Salary 10 - 20 years exp. (13 salaries)	₹14.3 L/yr - ₹24 L/yr 78% more
Reliance Nippon Life Insurance Senior Manager-HR Salary 6 - 12 years exp. (8 salaries)	₹7 L/yr - ₹9.3 L/yr 13% less
Tata AIA Life Insurance Senior Manager-HR Salary 11 - 14 years exp. (6 salaries)	₹15 L/yr - ₹30.4 L/yr 121% more

View all

Senior Manager-HR salary at NBFC ranges between ₹8.6 Lakhs to ₹14 Lakhs per year for employees with experience between 10 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC Senior Manager-HR salaries

Last Updated: 23 Jan 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.1 L/yr
11 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
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12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹17.1 L/yr

View all

Similar Designation salaries in NBFC

HR Manager Salary

(5 salaries)

₹2.1 L/yr - ₹6.5 L/yr

Assistant Manager- HR Salary

(4 salaries)

₹4.2 L/yr - ₹5.4 L/yr

HR Generalist Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

General Manager HR Salary

(3 salaries)

₹22 L/yr - ₹25 L/yr

AVP HR Salary

(AmbitionBox Estimate)

₹23.8 L/yr - ₹30.4 L/yr

Regional HR Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Human Resources Business Partner Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Chro Salary

(AmbitionBox Estimate)

₹65.6 L/yr - ₹72.5 L/yr

Senior HR Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Administration Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 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…

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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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NBFC Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at NBFC?

Senior Manager-HR salary at NBFC in India ranges between ₹8.6 Lakhs to ₹14.0 Lakhs for experience between 10 years to 20 years. According to our estimates it is 46% less than the average Senior Manager-HR Salary in India. Salary estimates are based on 4 latest salaries received from various employees of NBFC India.

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

The average salary of a Senior Manager-HR at NBFC is 46% less than the average salary of a Senior Manager-HR in India. To know exact salary insights, login to view.

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

Bajaj Allianz Life Insurance Senior Manager-HR Salary - ₹24.0 Lakhs to ₹42.5 Lakhs per year
Bajaj Finance Senior Manager-HR Salary - ₹20.0 Lakhs to ₹42.6 Lakhs per year
ICICI Bank Senior Manager-HR Salary - ₹16.0 Lakhs to ₹33.0 Lakhs per year
Tata AIA Life Insurance Senior Manager-HR Salary - ₹15.0 Lakhs to ₹30.4 Lakhs per year
Canara HSBC Life Insurance Senior Manager-HR Salary - ₹17.5 Lakhs to ₹25.0 Lakhs per year

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

Cholamandalam MS General Insurance Senior Manager-HR Salary - ₹14.3 Lakhs to ₹24.0 Lakhs per year
Max Life Insurance Senior Manager-HR Salary - ₹11.0 Lakhs to ₹25.5 Lakhs per year
Mahindra Finance Senior Manager-HR Salary - ₹10.8 Lakhs to ₹23.0 Lakhs per year
Bharti AXA Life Insurance Senior Manager-HR Salary - ₹13.3 Lakhs to ₹20.3 Lakhs per year
HDFC Bank Senior Manager-HR Salary - ₹11.0 Lakhs to ₹20.5 Lakhs per year

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

The estimated take-home salary of a Senior Manager-HR at NBFC ranges between ₹73,741 per month to ₹75,647 per month in India. The take-home salary calculation is based on the average NBFC Senior Manager-HR salary in India which ranges between ₹8.6 Lakhs to ₹14.0 Lakhs per year for employees with experience between 10 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager-HR at NBFC?

According to AmbitionBox, 50% of the NBFC Senior Manager-HRs reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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NBFC Senior Manager-HR Salaries

NBFC Senior Manager-HR salary in India ranges between ₹8.6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.