NCDEX Manager Salaries by 20+ Employees (Updated 2025)

6 - 16 years exp.

₹9 Lakhs - ₹17 Lakhs

Salary of majority employees

17% less than the average Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

Sales & Business Development Manager Salary 9 - 16 years exp. (4 salaries)	₹12.6 L/yr - ₹15.3 L/yr
Legal & Regulatory Manager Salary 7 - 9 years exp. (3 salaries)	₹10 L/yr - ₹12.9 L/yr
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BFSI, Investments & Trading Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹14 L/yr
Engineering - Software & QA Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹13.2 L/yr
Risk Management & Compliance Manager Salary 12 - 15 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹12.5 L/yr

Last Updated: 18 Jan 2025

Companies similar to NCDEX for Manager

Company name	Avg Annual Salary	Open Jobs
National Securities Depository Manager Salary 6 - 15 years exp. (70 salaries)	₹8.3 L/yr - ₹26.5 L/yr 12% more
Samunnati Financial Intermediation and Services Manager Salary 1 - 11 years exp. (52 salaries)	₹5.4 L/yr - ₹12.3 L/yr 28% less
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Sumitomo Mitsui Banking Corporation Manager Salary 3 - 14 years exp. (45 salaries)	₹10.1 L/yr - ₹25 L/yr 29% more
Multi Commodity Exchange of India Manager Salary 8 - 20 years exp. (38 salaries)	₹12 L/yr - ₹23 L/yr 33% more
ICRA Manager Salary 1 - 12 years exp. (37 salaries)	₹7 L/yr - ₹19.5 L/yr 11% less
Toyota Financial Services Manager Salary 2 - 17 years exp. (36 salaries)	₹8 L/yr - ₹17 L/yr 13% less
PhillipCapital Manager Salary 5 - 18 years exp. (22 salaries)	₹5.1 L/yr - ₹13 L/yr 36% less
ICICI Direct Manager Salary 1 - 11 years exp. (17 salaries)	₹4 L/yr - ₹9 L/yr 52% less
Oxyzo Financial Services Manager Salary 2 - 8 years exp. (17 salaries)	₹9 L/yr - ₹22 L/yr 3% more
Kalkine Manager Salary 5 - 13 years exp. (16 salaries)	₹6 L/yr - ₹15.8 L/yr 25% less
BOBCARD Ltd. Manager Salary 3 - 14 years exp. (15 salaries)	₹7.3 L/yr - ₹20 L/yr 16% more
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SBI Payment Services Manager Salary 4 - 9 years exp. (13 salaries)	₹5 L/yr - ₹15 L/yr 38% less
Fexprime Finance Manager Salary 8 - 16 years exp. (11 salaries)	₹6.9 L/yr - ₹15 L/yr 24% less
Purnartha Investment Advisors Manager Salary 5 - 14 years exp. (9 salaries)	₹7 L/yr - ₹10.5 L/yr 41% less
Stock Holding Corporation of India Manager Salary 12 - 23 years exp. (7 salaries)	₹8 L/yr - ₹27 L/yr 31% more
Interactive Brokers Manager Salary 5 - 11 years exp. (7 salaries)	₹9.5 L/yr - ₹20 L/yr 9% more
NASDAQ Manager Salary 8 - 13 years exp. (7 salaries)	₹17 L/yr - ₹32.9 L/yr 98% more
Finicity Manager Salary 5 - 13 years exp. (6 salaries)	₹20 L/yr - ₹35 L/yr 109% more
CME Group Manager Salary 7 - 12 years exp. (6 salaries)	₹24 L/yr - ₹45.5 L/yr 172% more
Eclat Health Solutions Manager Salary 11 - 20 years exp. (6 salaries)	₹12 L/yr - ₹18 L/yr 3% more

View all

Manager salary at NCDEX ranges between ₹9 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 24 latest salaries received from various employees of NCDEX.

Experience wise NCDEX Manager salaries

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹10 L/yr - ₹14 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹15 L/yr
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8 years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
9 years (5 salaries)	₹10.2 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.2 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
14 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹13.7 L/yr
15+ years (4 salaries)	₹9 L/yr - ₹15.3 L/yr

View all

Similar Designation salaries in NCDEX

Deputy Manager Salary

(71 salaries)

₹5.9 L/yr - ₹13.65 L/yr

Management Trainee Salary

(16 salaries)

₹4 L/yr - ₹5.7 L/yr

Senior Associate Salary

(4 salaries)

₹6 L/yr - ₹6.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹13.7 L/yr - ₹17.5 L/yr

Assistant Vice President Salary

(12 salaries)

₹17.5 L/yr - ₹30 L/yr

Top skills at NCDEX for Manager

Labour Laws Financial Modelling Payroll Corporate Strategy Settlements

Salary related reviews for NCDEX

4.0

Rated by 3 employees for salary & benefits

Assistant Manager in Nagpur

Full Time

Engineering - Software & QA Department

4.0

• posted on 11 Jul 2023

4.0

for Salary and Benefits

Likes

good working culture you can contact anytime with your supervisor and they will help you to resolve your issue.

Salary - Good

+5 more

Dislikes

The existing people having more experience in same organisation they don't want to change related to application performance and enhancement suggestions provided by new people or some new members

Work-life balance - Poor

Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Sep 2020

1.0

for Salary and Benefits

Likes

Too much of work load with over working period. No growth, no appreciation, no work satisfaction.

Dislikes

Lot of politics and no proper management. No career growth, no increment, no appreciation. Only keep on working 24/7 without tiring. Worst experience ever.

Salary - Bad

+6 more

Vice President Operations in Navi Mumbai

Full Time

Legal & Regulatory Department

3.0

• posted on 03 Nov 2024

3.0

for Salary and Benefits

Likes

Earlier during Chairman and MD Mr. Ravikumar the Exchange was having a very open work culture and he openly used to ask each employee personally on any issues faced with reporting authorities and any other departments. Currently the political atmosphere has taken over and wooing your superior without openly discussing the problem is prevalent which is not a good sign as it induces fear and job dissatisfaction on honest employees. Now entire culture has become political.

Dislikes

Politics are at the helm and they target individuals who are honest and upright in openly criticizing the wrong doers or who are straight forward and fearless in portraying to the management about any process which are not properly managed.

Skill development - Poor

+3 more

Management Trainee (working remotely)

Business Development Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Friendly and supportive reporting managers and co-workers. They listen to the problems we face and provide proper guidance

Dislikes

Frequent and lengthy meetings and lot of meetings in a particular day which can be optimized further. The role involves extensive travelling, proper transportation facilities should be provided or arranged

Work satisfaction - Bad

+1 more

Westrn India Head Of Products Promotion & Business De . in Head Office -mumbai, Branch Office - C.G (Raipur)

Other Department

5.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

Job security was also pivotal because we need to learn n get the work done as per own dicision n work culture as well has a significant aspect of being success Iim your Jo naam

Salary - Excellent

+5 more

Dislikes

Nothing special I had that I dislike as from a junior trainee going to level up n up is something self explanatory.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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NCDEX Manager Salary FAQs

What is the salary of Manager at NCDEX ?

The average salary of a Manager at NCDEX in India typically ranges from ₹9.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Manager at NCDEX earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Manager Salaries at NCDEX 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 20+ NCDEX employees in India.

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

The estimated take-home salary of a Manager at NCDEX in India typically ranges from ₹94,594 to ₹97,141 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 6 years to 16 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 20+ salaries received from various employees of NCDEX. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at NCDEX ?

To be a Manager at NCDEX in india, the key skills required include:

- Labour Laws
- Financial Modelling
- Payroll
- Corporate Strategy
- Settlements

These skills are highly valued at NCDEX and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than NCDEX for Manager in India?

CME Group	₹24.0 Lakhs to ₹45.5 Lakhs per year
Niyo Solutions	₹22.0 Lakhs to ₹45.0 Lakhs per year
Finicity	₹20.0 Lakhs to ₹35.0 Lakhs per year
NASDAQ	₹17.0 Lakhs to ₹32.9 Lakhs per year
Biz 2 Credit Info Services	₹10.0 Lakhs to ₹32.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NCDEX, depending on the role and experience level.

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

The salary of a Manager at companies similar to NCDEX in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Multi Commodity Exchange of India	₹12.0 Lakhs to ₹23.0 Lakhs per year
Stock Holding Corporation of India	₹8.0 Lakhs to ₹27.0 Lakhs per year
Sumitomo Mitsui Banking Corporation	₹10.1 Lakhs to ₹25.0 Lakhs per year
OneAssist Consumer Solutions	₹12.0 Lakhs to ₹18.5 Lakhs per year
BOBCARD Ltd.	₹7.3 Lakhs to ₹20.0 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 Manager at NCDEX in India?

The salary growth for a Manager at NCDEX depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at NCDEX:

Experience	Average Salary Range
6 years	₹10.0 Lakhs to ₹14.0 Lakhs per year
7 years	₹10.0 Lakhs to ₹15.0 Lakhs per year
8 years	₹12.0 Lakhs to ₹14.0 Lakhs per year
9 years	₹10.2 Lakhs to ₹17.0 Lakhs per year

and so on.

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NCDEX Manager Salaries

NCDEX Manager salary in India ranges between ₹9 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 NCDEX latest salaries received from various employees of NCDEX.