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Nippon Life India Asset Management Department Manager salaries in India

Annual salary range
2 - 7 years exp.
₹2.8 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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50% more than the average Department Manager Salary in Financial Services Companies for 2 - 7 years of experience

Interested in this particular role?

Last Updated: 9 Aug 2024

Companies similar to Nippon Life India Asset Management for Department Manager

Company name Avg Annual Salary Open Jobs
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Kotak Securities Department Manager Salary

2 - 11 years exp. (4 salaries)

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₹3.9 L/yr - ₹6 L/yr

arrow icon 39% less
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₹6.5 L/yr - ₹14 L/yr

arrow icon 34% more
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₹13 L/yr - ₹42 L/yr

arrow icon 248% more
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₹5.4 L/yr - ₹23.6 L/yr

arrow icon 61% more
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Reliance Retail Department Manager Salary

0 - 16 years exp. (3.6k salaries)

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₹1.7 L/yr - ₹6.3 L/yr

arrow icon 50% less
4 job openings
Department Manager salary at Nippon Life India Asset Management ranges between ₹2.8 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Nippon Life India Asset Management.

Latest annual salaries shared by Nippon Life India Asset Management Department Manager

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6 years exp.
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7 years exp.

Experience wise Nippon Life India Asset Management Department Manager salaries

Last Updated: 9 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
3 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Nippon Life India Asset Management

Deputy Manager Salary
(44 salaries)
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₹4.5 L/yr - ₹11.11 L/yr
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₹6 L/yr - ₹17.83 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
Sales Manager Salary
(4 salaries)
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₹2 L/yr - ₹7 L/yr
Assistant Department Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
Sales Officer Salary
(39 salaries)
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₹1.95 L/yr - ₹3 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Sales Executive Salary
(10 salaries)
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₹1.8 L/yr - ₹2.65 L/yr

Salary related reviews for Nippon Life India Asset Management

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 10 Dec 2023

3.0
 for  Salary and Benefits

Likes

Good work life balance due to Saturday and Sunday is off,Amc focus on employees learning. Superior is helpful to subordinate like family.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Major drawback is 3party pay role and less chance for employees to get on role due to offroll salary package is less.

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 01 Dec 2019

3.0
 for  Salary and Benefits

Likes

Good and innovative, High work load, average pay, polictics, good at learning and training

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Some old stuff and Boss favroiteee get benifits that makes worng person at right place, which reduce and degrade the talents of subordinates

read more
  • Work-life balance - Poor

Full Time

 · 

Other Department

5.0
  •  posted on 13 Dec 2023

4.0
 for  Salary and Benefits

Likes

Extremely supportive work environment along with great bosses & peers. The organisation boasts industry experts with diverse backgrounds providing ample opportunities for continuous learning. Company’s commitment to employee is evident through various employee benefits and I particularly the efforts put in by HR team into this.

read more
  • Salary - Good
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 15 Dec 2023

5.0
 for  Salary and Benefits

Likes

overall working Culture of the organization is amazingly good and leadership involvement & recognition to each member is really motivating . organization is also working closely with employees on employee betterment , skill & knowledge enhancement and providing learning culture.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 18 Oct 2023

1.0
 for  Salary and Benefits

Likes

Nothing to like in this company.

Dislikes

1) Managers like to burden you with their work. 2) Managers like to backbite about you from other employees. 3) If you take a leave then you will be seen as a liar. 4) Managers like buttering all the time and if you don't dont do it then you will be treated like shit. 5) Threat of getting fired. 6) Planning and plotting happens behind your back on how to irritate the employees.

read more
  • Salary - Bad
  • +6 more
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Nippon Life India Asset Management Department Manager Salary FAQs

What is the salary of Department Manager at Nippon Life India Asset Management ?
The average salary of a Department Manager at Nippon Life India Asset Management in India typically ranges from ₹2.8 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Department Manager at Nippon Life India Asset Management earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Department Manager Salaries at Nippon Life India Asset 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 4 Nippon Life India Asset Management employees in India.
What is the estimated take home salary of a Department Manager at Nippon Life India Asset Management in India?
The estimated take-home salary of a Department Manager at Nippon Life India Asset Management in India typically ranges from ₹58,609 to ₹60,086 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 Nippon Life India Asset Management. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nippon Life India Asset Management for Department Manager in India?
Fidelity International ₹13.0 Lakhs to ₹42.0 Lakhs per year
National Stock Exchange of India ₹5.4 Lakhs to ₹23.6 Lakhs per year
ICICI Prudential Mutual Fund ₹6.5 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Nippon Life India Asset Management, depending on the role and experience level.
What is the salary of a Department Manager in companies similar to Nippon Life India Asset Management in India?
The salary of a Department Manager at companies similar to Nippon Life India Asset Management in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities ₹3.9 Lakhs to ₹6.0 Lakhs per year
Reliance Retail ₹1.7 Lakhs to ₹6.3 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 Department Manager at Nippon Life India Asset Management in India?
The salary growth for a Department Manager at Nippon Life India Asset Management depends on factors such as experience, performance, and promotions. On average, a Department Manager can expect the following growth trajectory at Nippon Life India Asset Management:

Experience Average Salary Range
2 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
3 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
6 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
7 years ₹7.7 Lakhs to ₹9.8 Lakhs per year
and so on.

Tell us how to improve this page.

Nippon Life India Asset Management Department Manager salary in India ranges between ₹2.8 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Nippon Life India Asset Management latest salaries received from various employees of Nippon Life India Asset Management.