India’s NBFC (Non-banking Financial Companies) Sector and NBFC Jobs

finance jobs india

Companies that fall under the category of NBFC’s are registered under the Companies Act 2013 and are engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business. This article will bring few facts & figures of NBFC of India and related NBFC Jobs to the table. 

India Market Size of NBFC and Contribution in GDP 

NBFCs are systemically important players in India’s financial system. The industry had a combined balance sheet of more than $370 billion in assets as of September 2018. The NBFC sector has grown substantially in recent years with an average growth of 22% per year. And this growth rate shows a dependable prediction of more finance jobs and Jobs in NBFC in coming years. When it comes to contribution in Indian GDP, NBFC’s have made a mark by contributing 12.5% raise.

No. of NBFCs in India

As every other sector, Non Banking Financial Companies has great amount of competition in the market. At the end of March 2018, there were 10,190 NBFCs registered with the Reserve Bank of India (RBI). Some big players in this game employs more than 3000 employees which means there is a decent scope for job seekers to caught a Finance Job or Jobs in NBFC. You can also visit here  to have a detailed category wise number count of NBFCs in India.

NBFC Job roles and average salary

NBFC Sector Job Roles and Average Salary

NBFC in India is very vast and so does the job roles. It is not obvious for us to layout all the jobs and their average salary, so, here we are disclosing few of the common job roles of NBFC sector with annual average salary. If you are looking for a job in NBFC then you can directly apply by clicking on the “APPLY NOW” button. We at Gweka Consulting Services help job seekers like you to find finance Jobs and Jobs in NBFC

General Manager Finance Jobs10,00,000APPLY NOW
Treasury Manager Jobs9,30,000APPLY NOW
Collection Manager Jobs4,90,000APPLY NOW
Branch Manager Jobs8,30,000APPLY NOW
Relationship Manager Jobs7,00,000APPLY NOW
Sales Manager Jobs7,30,000APPLY NOW
Asst. Manager Jobs6,80,000APPLY NOW
Accounts Executive Jobs4,00,000APPLY NOW
Sales Executive Jobs3,50,000APPLY NOW

Source – Glassdoor & PayScale

Top 10 NBFC Companies in India

The below mentioned companies are those big players of NBFC sector in India which has outperformed every other competitor. It is so obvious for candidates to have outlandish dexterity and skills in order to get a Job in these NBFC companies. If you want yourself to be a part of these big NBFC companies then Gweka Consulting Services can be the best platform for you to find NBFC Jobs.

nbfc companies india
Companies NameHead Office
Power Finance Corporation Limited (PFC Jobs)New Delhi
Bajaj Finance Limited (Bajaj Finance Jobs)Pune
Mahindra & Mahindra Financial Services Limited (Mahindra Financial Jobs)Mumbai
Muthoot Finance Limited (Muthoot Finance Jobs)Kochi
HDB Finance Services (HDB Finance Jobs)Mumbai
Tata Capital Financial Services Limited (Tata Capital Finance Jobs)Mumbai
L & T Finance Limited (L & T Finance Jobs)Mumbai
Aditya Birla Finance Limited (Aditya Birla Finance Jobs)Mumbai
Capital First Limited (Capital First Jobs)Mumbai
Religare Capital Limited (Religare Capital Jobs)Mumbai

Latest in NBFCs

Technological revolution is the need of today’s time and same applies to NBFC in India. The 5 technological innovations that helped NBFCs in 2019 were AI, Voice & Vernacular, Video KYC, Blockchain, and Cloud Integration. 

If we talk about the latest recruitment in NBFC sector, Indian NBFCs have hired around 10,000 employees in FY19. It is also estimated that NBFCs could hire about 15,000 employees in FY 20. So, it shows that scope of Jobs in NBFC is wide and vast.

Register today with GCS to find a dream job for yourself. 

See Also : Latest Banking and Finance Jobs in India

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