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NBFC State Head salaries in India

Annual salary range
12 - 20 years exp.
₹11.5 Lakhs - ₹19 Lakhs
Salary of majority employees
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At par with 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
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₹7 L/yr - ₹20 L/yr

arrow icon 4% less
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₹6.3 L/yr - ₹17.3 L/yr

arrow icon 34% less
2 job openings
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Bajaj Allianz Life Insurance State Head Salary

15 - 23 years exp. (39 salaries)

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₹12 L/yr - ₹26 L/yr

arrow icon 17% more
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₹7.1 L/yr - ₹18.6 L/yr

arrow icon 22% less
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HDFC Ergo General Insurance State Head Salary

12 - 18 years exp. (18 salaries)

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₹7.5 L/yr - ₹17.4 L/yr

arrow icon 22% less
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Tata AIA Life Insurance State Head Salary

5 - 20 years exp. (11 salaries)

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₹9 L/yr - ₹30 L/yr

arrow icon 36% more
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₹8 L/yr - ₹10.5 L/yr

arrow icon 40% less
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₹13 L/yr - ₹19.5 L/yr

arrow icon 10% less
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₹11 L/yr - ₹15 L/yr

arrow icon 15% less
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₹8.3 L/yr - ₹17 L/yr

arrow icon 39% less
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Bharti AXA Life Insurance State Head Salary

14 - 16 years exp. (5 salaries)

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₹14 L/yr - ₹20 L/yr

arrow icon 13% more
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HDFC Life State Head Salary

13 - 15 years exp. (5 salaries)

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₹9 L/yr - ₹17.5 L/yr

arrow icon 27% less
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₹9 L/yr - ₹16.7 L/yr

arrow icon 22% less
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Axis Max Life Insurance State Head Salary

13 - 16 years exp. (4 salaries)

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₹10.4 L/yr - ₹12.5 L/yr

arrow icon 28% less
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Reliance General Insurance State Head Salary

12 - 17 years exp. (4 salaries)

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₹8 L/yr - ₹17.1 L/yr

arrow icon 20% less
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SBI General Insurance State Head Salary

17 - 19 years exp. (3 salaries)

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₹15.7 L/yr - ₹30 L/yr

arrow icon 15% more
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Tata AIG State Head Salary

13 - 18 years exp. (3 salaries)

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₹14.5 L/yr - ₹16.6 L/yr

arrow icon 6% less
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₹8 L/yr - ₹22.2 L/yr

arrow icon 1% 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.

Latest annual salaries shared by NBFC State Head

1y ago
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15 years exp.
1y ago
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12 years exp.
1y ago
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20 years exp.
1y ago
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13 years exp.

Experience wise NBFC State Head salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹23.9 L/yr
13 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹16 L/yr
14 years (AmbitionBox Estimate)

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₹13.3 L/yr - ₹17 L/yr
15+ years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19 L/yr

Similar Designation salaries in NBFC

Team Lead Salary
(6 salaries)
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₹1.8 L/yr - ₹3 L/yr
Sales Manager Salary
(9 salaries)
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₹2.05 L/yr - ₹6 L/yr
Sales Officer Salary
(10 salaries)
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₹2.1 L/yr - ₹3 L/yr
Sales Executive Salary
(15 salaries)
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₹0.2 L/yr - ₹3.1 L/yr
Branch Manager Salary
(18 salaries)
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₹2.6 L/yr - ₹7 L/yr
Area Manager Salary
(7 salaries)
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₹5.4 L/yr - ₹12.6 L/yr
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₹2.5 L/yr - ₹3.2 L/yr
Deputy Manager Salary
(5 salaries)
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₹4 L/yr - ₹7 L/yr
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₹4.35 L/yr - ₹18.01 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
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Salary related reviews for NBFC

Full Time

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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…

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Asset Based Finance . FD . Secured and Unsecured Loans both.. Department

5.0
  •  posted on 22 Apr 2019

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...gement is very demanding. It's very tough and challenging for middle Management. Compensation , R&R , salary increment is better then competition.

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  • Salary - Excellent
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Higher management is very demanding. It's very tough and challenging for middle Management. Work Life balance is poor.

  • Work-life balance - Poor

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

read more
  • Salary - Good
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Dislikes

No job security and less career growth less salary, bad work-life balance

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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.

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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.

read more
  • 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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NBFC State Head Salary FAQs

What is the salary of State Head at NBFC ?
The average salary of a State Head at NBFC in India typically ranges from ₹11.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of State Head at NBFC earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. State Head 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 State Head at NBFC in India?
The estimated take-home salary of a State Head at NBFC in India typically ranges from ₹1,10,687 to ₹1,13,753 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 12 years to 20 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 State Head in India?
Tata AIA Life Insurance ₹9.0 Lakhs to ₹30.0 Lakhs per year
Bajaj Allianz Life Insurance ₹12.0 Lakhs to ₹26.0 Lakhs per year
SBI General Insurance ₹15.7 Lakhs to ₹30.0 Lakhs per year
Bharti AXA Life Insurance ₹14.0 Lakhs to ₹20.0 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 State Head in companies similar to NBFC in India?
The salary of a State Head at companies similar to NBFC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Star Health & Allied Insurance ₹8.0 Lakhs to ₹22.2 Lakhs per year
Cholamandalam MS General Insurance ₹7.0 Lakhs to ₹20.0 Lakhs per year
Tata AIG ₹14.5 Lakhs to ₹16.6 Lakhs per year
Future Generali India Life Insurance ₹13.0 Lakhs to ₹19.5 Lakhs per year
Niva Bupa Health Insurance Company ₹11.0 Lakhs to ₹15.0 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.
How the salary growth look like for a State Head at NBFC in India?
The salary growth for a State Head at NBFC depends on factors such as experience, performance, and promotions. On average, a State Head can expect the following growth trajectory at NBFC:

Experience Average Salary Range
12 years ₹11.5 Lakhs to ₹23.9 Lakhs per year
13 years ₹5.6 Lakhs to ₹16.0 Lakhs per year
14 years ₹13.3 Lakhs to ₹17.0 Lakhs per year
15 years ₹15.5 Lakhs to ₹19.0 Lakhs per year
and so on.

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

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