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Nuvama Wealth and Investment

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3.2

based on 128 Reviews

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Mumbai
BFSI, Investments & Trading

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Nuvama Wealth and Investment BFSI, Investments & Trading Department Salaries in Mumbai (Updated 2025)

based on 120 latest salaries
Designation Avg Annual Salary Open Jobs

Wealth Manager

1 - 9 years exp. · Mumbai (14 salaries)
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₹3.3 L/yr - ₹7.7 L/yr

Senior Wealth Manager

3 - 11 years exp. · Mumbai (8 salaries)
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₹8.3 L/yr - ₹13 L/yr

Product Manager

0 - 7 years exp. · Mumbai (4 salaries)
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₹8 L/yr - ₹28 L/yr

Chief Manager

6 - 13 years exp. · Mumbai (3 salaries)
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₹15 L/yr - ₹19 L/yr

Starting your career? Discover Nuvama Wealth and Investment fresher salaries in India

Assistant Vice President

9 - 12 years exp. · Mumbai (3 salaries)
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₹14 L/yr - ₹25.5 L/yr

Senior Relationship Manager

2 - 9 years exp. · Mumbai (3 salaries)
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₹4.4 L/yr - ₹9.5 L/yr

Research Associate

1 - 6 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹15 L/yr

Branch Manager

9 - 14 years exp. · Mumbai (3 salaries)
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₹8 L/yr - ₹10.5 L/yr

Business Analyst

5 - 6 years exp. · Mumbai (3 salaries)
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₹12.5 L/yr - ₹21 L/yr

Wealth Advisor

2 - 5 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹4.5 L/yr

VRM

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Deputy Vice President

10 - 12 years exp. · Mumbai (AmbitionBox Estimate)
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₹25 L/yr - ₹38 L/yr

Senior Team Leader

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.6 L/yr

Product Sales Manager

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr

Preferred Relationship Manager

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4 L/yr - ₹5.2 L/yr

Product Associate

0 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.4 L/yr

Risk Management Executive

0 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

Privilege Relationship Manager

0 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7 L/yr

AVP

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.9 L/yr

Deputy Manager

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.4 L/yr

Last Updated: 25 Feb, 2025

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2w
a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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Salary related reviews for Nuvama Wealth and Investment

2.9

Rated by 20 employees for salary & benefits

Relationship Wealth Manager in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Aug 2024
4.0
 for  Salary and Benefits

Likes

I feel the likable part of this company is that it tries hard to maintain with the competitive salary structure with it's fellow companies. Although the USP of this company is the L&D trainings/runway sessions.

read more
  • Salary - Good
    • +1 more

Dislikes

There's a constant environment of judgments over the numbers made for the company. More and more is expected by the executives and the perception of the few managers are intolerant sometimes.

read more
  • Skill development - Poor
    • +2 more

Relationship Manager in Cuttack

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 May 2024
2.0
 for  Salary and Benefits

Likes

Nothing it is a complete sales job the target is 4x to 8x of your annual package branch manager and regional manager have also sales so don't recommend for freshers

read more

Dislikes

Everything no supportive staff work culture is terrible you don't recommended

  • Salary - Poor
    • +6 more

Manager Hrbp in Mumbai

Full Time

 · 

Human Resources Department

2.0
  •  posted on 16 Feb 2024
1.0
 for  Salary and Benefits

Likes

The company is a bad place They don't respect their employees and few managers feel like they rule the place. If HR team feels like this, can't imagine other employees life. Don't fall for anything they tell you before joining

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Dislikes

No work life balance, no policies to support employees, no respect to employees who work here, environment is insecure. They don't even care. They lied about work during interview, scope of work is entire different.

read more
  • Salary - Bad
    • +6 more

Manager in Lucknow

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Sep 2024
4.0
 for  Salary and Benefits

Likes

Incentive are good and they have half Yearly Appraisal wala concept

  • Salary - Good
    • +1 more

Dislikes

They don’t have customer base and whatever customer having only in BM will take care so that he can justify his salary 3X to 6 X.. I will never recommend any professionals who all banking sectors to Join nuvama..if someone joining then it’s like to playing with fire. There demand is only life insurance

read more
  • Job security - Bad
    • +3 more

Senior Privileged Relationship Manager in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Dec 2024
4.0
 for  Salary and Benefits

Likes

An absolutely stunning experience with Nuvama Wealth. Everything is just amazing in every aspects. Multiple support functions to help you grow and excel in your journey. Even the CEO is as approachable as your reporting manager.

read more
  • Salary - Good
    • +6 more

Dislikes

The only issue with organisation is they do not provide the existing client portfolio unless you’re an immediate relative or close enough of the management (Regional Head/Zonal Head).

read more
see more salary related reviews

Nuvama Wealth and Investment interview questions by designations

Internship Trainee (1)Manager Hrbp (1)Client Experience Officer (1)
View all 3 interview experiences

Know more about Nuvama Wealth and Investment Mumbai

Nuvama Wealth and Investment Salary FAQs

How much does Nuvama Wealth and Investment pay per year?
The average Nuvama Wealth and Investment salary ranges from approximately ₹2.4 Lakhs to ₹5 Lakhs per year for a RPA Developer and ₹19 Lakhs to ₹38 Lakhs per year for a Deputy Vice President. Salary estimates are based on 120 Nuvama Wealth and Investment salaries received from various employees of Nuvama Wealth and Investment. Nuvama Wealth and Investment employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in Nuvama Wealth and Investment?
The highest-paying job at Nuvama Wealth and Investment is a Deputy Vice President with a salary of ₹19 Lakhs to ₹38 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹50 lakhs per year.
What is the minimum salary in Nuvama Wealth and Investment?
Minimum salary at Nuvama Wealth and Investment depends on the role you are applying for. For Preferred Relationship Manager the minimum salary is ₹3.5 Lakhs to ₹6 Lakhs per year, and for Relationship Manager the minimum salary is ₹3 Lakhs to ₹7 Lakhs per year and so on.
What is the salary package for freshers in Nuvama Wealth and Investment?
The average salary at Nuvama Wealth and Investment for freshers is ₹5.2 Lakhs per year for Wealth Manager.
What is the notice period at Nuvama Wealth and Investment in BFSI, Investments & Trading Department in Mumbai?
According to AmbitionBox, 46% of the Nuvama Wealth and Investment employees in BFSI, Investments & Trading Department in Mumbai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 165 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Nuvama Wealth and Investment , Mumbai is INRunlock blur . Salary estimates are based on 120 Nuvama Wealth and Investment latest salaries received from various employees of Nuvama Wealth and Investment.

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