NBFC State Head Salaries by 4 Employees (Updated 2024)

12 - 20 years exp.

₹11.5 Lakhs - ₹19 Lakhs

Salary of majority employees

6% more than the average State Head Salary in Insurance Companies for 12 - 20 years of experience

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Last Updated: 12 Mar 2023

Companies similar to NBFC for State Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank State Head Salary 10 - 18 years exp. (22 salaries)	₹9 L/yr - ₹32 L/yr 14% more
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 20% more
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ICICI Bank State Head Salary 1 - 18 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr 31% more
Axis Bank State Head Salary 9 - 21 years exp. (47 salaries)	₹8 L/yr - ₹30.8 L/yr 11% more
Kotak Mahindra Bank State Head Salary 9 - 20 years exp. (15 salaries)	₹10.2 L/yr - ₹19 L/yr 13% less
Tata Capital State Head Salary 11 - 23 years exp. (18 salaries)	₹8 L/yr - ₹25 L/yr 7% more
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 28% less
Mahindra Finance State Head Salary 14 - 23 years exp. (6 salaries)	₹14 L/yr - ₹24 L/yr 6% less	1 job opening
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 13% more
Shriram Finance State Head Salary 12 - 23 years exp. (8 salaries)	₹13 L/yr - ₹22.2 L/yr 19% more
Bajaj Allianz Life Insurance State Head Salary 15 - 23 years exp. (36 salaries)	₹12 L/yr - ₹24 L/yr 14% more
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Bajaj Allianz General Insurance State Head Salary 5 - 19 years exp. (35 salaries)	₹7 L/yr - ₹16 L/yr 35% less
ICICI Prudential Life Insurance State Head Salary 4 - 17 years exp. (28 salaries)	₹5.4 L/yr - ₹18 L/yr 23% less
HDFC Ergo General Insurance State Head Salary 13 - 18 years exp. (13 salaries)	₹8.5 L/yr - ₹17.4 L/yr 14% less
Tata AIA Life Insurance State Head Salary 5 - 26 years exp. (11 salaries)	₹20.9 L/yr - ₹42 L/yr 73% more
Aditya Birla Sun Life Insurance State Head Salary 5 - 8 years exp. (9 salaries)	₹6.5 L/yr - ₹10.5 L/yr 44% less
ICICI Lombard General Insurance Company State Head Salary 8 - 20 years exp. (6 salaries)	₹8.3 L/yr - ₹17 L/yr 39% less
HDFC Life State Head Salary 3 - 15 years exp. (6 salaries)	₹10 L/yr - ₹14 L/yr 32% less
Reliance Nippon Life Insurance State Head Salary 4 - 18 years exp. (4 salaries)	₹6 L/yr - ₹16.7 L/yr 25% less
Max Life Insurance State Head Salary 13 - 16 years exp. (4 salaries)	₹10.4 L/yr - ₹12.5 L/yr 28% less

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State Head salary at NBFC ranges between ₹11.5 Lakhs to ₹19 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of NBFC.

Experience wise NBFC State Head salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹23.9 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹16 L/yr
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14 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹16.2 L/yr
15+ years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19 L/yr

Similar Designation salaries in NBFC

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(6 salaries)

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Sales Manager Salary

(13 salaries)

₹2 L/yr - ₹6 L/yr

Sales Officer Salary

(10 salaries)

₹2.1 L/yr - ₹3 L/yr

Sales Executive Salary

(15 salaries)

₹0.2 L/yr - ₹3.1 L/yr

Branch Manager Salary

(18 salaries)

₹2.6 L/yr - ₹7.45 L/yr

Area Manager Salary

(7 salaries)

₹5.4 L/yr - ₹12.6 L/yr

Cluster Manager Salary

(3 salaries)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Regional Manager Salary

(6 salaries)

₹10 L/yr - ₹20 L/yr

Area Sales Manager Salary

(4 salaries)

₹3.6 L/yr - ₹5.5 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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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NBFC State Head Salary FAQs

What is the salary of State Head at NBFC?

State Head salary at NBFC in India ranges between ₹11.5 Lakhs to ₹19.0 Lakhs for experience between 12 years to 20 years. According to our estimates it is 6% more than the average State Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of NBFC India.

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

The average salary of a State Head at NBFC is 6% more than the average salary of a State Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than NBFC to a State Head in India?

Tata AIA Life Insurance State Head Salary - ₹20.9 Lakhs to ₹42.0 Lakhs per year
ICICI Bank State Head Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Bajaj Finance State Head Salary - ₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance State Head Salary - ₹13.0 Lakhs to ₹22.2 Lakhs per year
Bajaj Allianz Life Insurance State Head Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year

What is the salary of a State Head in companies similar to NBFC in India?

HDFC Bank State Head Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
L&T Finance State Head Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Axis Bank State Head Salary - ₹8.0 Lakhs to ₹30.8 Lakhs per year
Tata Capital State Head Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Star Health & Allied Insurance State Head Salary - ₹8.0 Lakhs to ₹22.2 Lakhs per year

What is the estimated take home salary of a State Head at NBFC in India?

The estimated take-home salary of a State Head at NBFC ranges between ₹1,10,687 per month to ₹1,13,753 per month in India. The take-home salary calculation is based on the average NBFC State Head salary in India which ranges between ₹11.5 Lakhs to ₹19.0 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

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NBFC State Head Salaries

NBFC State Head salary in India ranges between ₹11.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NBFC latest salaries received from various employees of NBFC.

NBFC State Head salaries in India

Companies similar to NBFC for State Head

Latest annual salaries shared by NBFC State Head

Experience wise NBFC State Head salaries

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 State Head Salary FAQs

Tell us how to improve this page.