Nuvama Wealth Management Mumbai Chief Manager Salaries by 9 Employees (Updated 2025)

6 - 15 years exp.

₹9 Lakhs - ₹28 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% less than the average Chief Manager Salary in Financial Services Companies for 6 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Chief Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹16.3 L/yr
Legal & Regulatory Chief Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹15.9 L/yr
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BFSI, Investments & Trading Chief Manager Salary 10 years exp. (AmbitionBox Estimate)	₹16.7 L/yr - ₹25.4 L/yr

Last Updated: 24 Feb 2025

Companies similar to Nuvama Wealth Management for Chief Manager in Mumbai

Nuvama Wealth Management Chief Manager Salary

6 - 15 years exp. (9 salaries)

₹9 L/yr - ₹28 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Chief Manager Salary 6 - 16 years exp. (138 salaries)	₹10 L/yr - ₹39.5 L/yr 39% more
National Stock Exchange of India Chief Manager Salary 13 - 19 years exp. (64 salaries)	₹20 L/yr - ₹58 L/yr 124% more
Login to view exact salary
ICICI Home Finance Chief Manager Salary 6 - 21 years exp. (24 salaries)	₹16 L/yr - ₹31 L/yr 34% more
Axis Direct Chief Manager Salary 10 - 21 years exp. (21 salaries)	₹8.7 L/yr - ₹33.2 L/yr 27% more
Aadhar Housing Finance Chief Manager Salary 6 - 21 years exp. (5 salaries)	₹15 L/yr - ₹26 L/yr 21% more

Chief Manager salary at Nuvama Wealth Management ranges between ₹9 Lakhs to ₹28 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 9 latest salaries received from various employees of Nuvama Wealth Management.

Latest annual salaries shared by Nuvama Wealth Management Chief Manager in Mumbai

1mo ago

₹15 Lakhs

6 years exp.

8mo ago

₹25.4 Lakhs

10 years exp.

9mo ago

₹11 Lakhs

14 years exp.

11mo ago

₹28 Lakhs

15 years exp.

1y ago

₹20 Lakhs

14 years exp.

1y ago

13 years exp.

1y ago

10 years exp.

1y ago

9 years exp.

1y ago

8 years exp.

Experience wise Nuvama Wealth Management Chief Manager salaries in Mumbai

Last Updated: 24 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
7 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
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8 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
9 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
13 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr
14 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
15+ years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr

View all

Similar Designation salaries in Nuvama Wealth Management

Assistant Vice President Salary

(4 salaries)

₹13 L/yr - ₹32 L/yr

Senior Relationship Manager Salary

(3 salaries)

₹7.5 L/yr - ₹10.3 L/yr

Salary related reviews for Nuvama Wealth Management

4.0

Rated by 2 employees for salary & benefits

Data Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 08 Feb 2025

2.0

for Salary and Benefits

Likes

If you're fortunate, you'll work with great people and have a good time. They're all about getting stuff done, not making sure it's top-notch, so you're pretty safe in your job. The higher-ups tend to leave, which means you've got a good shot at moving up without getting a raise.

Job security - Good

+1 more

Dislikes

Upper management just wants to get things done, regardless of whether the basic features are even working properly yet.

Salary - Poor

+4 more

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Work life balance and Salary

Salary - Good

+1 more

Dislikes

Poor leadership, Poor work delegation and allocation, Micro management by leaders, Favouritism to few employees, Poor HR management, No respect, High Job Dissatisfaction, No roadmap for future career growth, lack of collaborative environment, Zero Skill Development, No trainings entertained by manager, Job Secrecy by favourite employees, Zero transparency.

Skill development - Bad

+4 more

Vice President Sales in Mumbai

Full Time

Food, Beverage & Hospitality Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Worst Manager are Nikhil Bhanushali and Ninesh ghantara. Pathetic and biased to selected few who they promote and support. Remaining are treated as labourers. Never join this organisation.

Dislikes

Everything. Worst culture. Politics. No learning and no growth.

Salary - Bad

+6 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Apr 2024

1.0

for Salary and Benefits

Likes

If you are looking to learn more about the financial products, it's a good firm to teach you about them. Fixed office hours, no calls after office hours are done.

Work-life balance - Good

Dislikes

- The leadership has been stagnant and there is only little growth in the organisation. - HR does not favour you at all they only favour the leadership. - The leadership are like goons who have no trust on their employees. - The company has no data to give or work on. - The company lacks in services for their clients. - No guidance by the managers, they expect you to know everything already.

Salary - Bad

+4 more

Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

I don't have any likes about this organization

Dislikes

They don't have any business development strategy and worst sales process. There is no career growth, worst KRA policy as you can not make extra money and no appraisals after many years,worst senior management thoughts they are comparing you with animals like parrot, chameleon, tortoise etc. Overall if you have time and options so better to wait and join right brand with right mentor for your career growth and work life balance. Note - Mr. LC will say everything is positive but when you join it's totally negative and worst work environment

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Nuvama Wealth Management Chief Manager Salary FAQs

What is the salary of Chief Manager at Nuvama Wealth Management in Mumbai?

The average salary of a Chief Manager at Nuvama Wealth Management in Mumbai typically ranges from ₹9.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Chief Manager in Mumbai at Nuvama Wealth Management earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Chief Manager Salaries at Nuvama Wealth Management 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 9 Nuvama Wealth Management employees in India.

What is the estimated take home salary of a Chief Manager at Nuvama Wealth Management in Mumbai?

The estimated take-home salary of a Chief Manager at Nuvama Wealth Management in Mumbai typically ranges from ₹1,13,610 to ₹1,16,771 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 9 salaries received from various employees of Nuvama Wealth Management. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nuvama Wealth Management for Chief Manager in India?

National Stock Exchange of India	₹20.0 Lakhs to ₹58.0 Lakhs per year
Edelweiss	₹10.0 Lakhs to ₹39.5 Lakhs per year
ICICI Home Finance	₹16.0 Lakhs to ₹31.0 Lakhs per year
Axis Direct	₹8.7 Lakhs to ₹33.2 Lakhs per year
Aadhar Housing Finance	₹15.0 Lakhs to ₹26.0 Lakhs per year

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

How the salary growth look like for a Chief Manager at Nuvama Wealth Management in Mumbai?

The salary growth for a Chief Manager at Nuvama Wealth Management in Mumbai depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Mumbai can expect the following growth trajectory at Nuvama Wealth Management:

Experience	Average Salary Range
6 years	₹15.0 Lakhs to ₹19.1 Lakhs per year
7 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
8 years	₹15.0 Lakhs to ₹19.2 Lakhs per year
9 years	₹15.0 Lakhs to ₹19.2 Lakhs per year

and so on.

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Nuvama Wealth Management Chief Manager Salaries in Mumbai

Nuvama Wealth Management Chief Manager salary in Mumbai ranges between ₹9 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.