Ambit Finvest Mumbai Associate Vice President Salaries by 4 Employees

8 - 14 years exp.

₹17.8 Lakhs - ₹21 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

37% less than the average Associate Vice President Salary in NBFC Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 12 - 14 years exp. (3 salaries)	₹17.8 L/yr - ₹21 L/yr
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Strategic & Top Management Associate Vice President Salary 8 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 13 Dec 2023

Companies similar to Ambit Finvest for Associate Vice President in Mumbai

Ambit Finvest Associate Vice President Salary

8 - 14 years exp. (4 salaries)

₹17.8 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
InCred Finance Associate Vice President Salary 7 - 11 years exp. (10 salaries)	₹13.8 L/yr - ₹30 L/yr 20% more
Fedbank Financial Services Associate Vice President Salary 11 - 20 years exp. (8 salaries)	₹16 L/yr - ₹32 L/yr 12% more
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IIFL Home Finance Associate Vice President Salary 15 - 22 years exp. (7 salaries)	₹19.6 L/yr - ₹30.9 L/yr 10% more
BA Continuum Associate Vice President Salary 13 - 17 years exp. (4 salaries)	₹38 L/yr - ₹52 L/yr 114% more
Tata Capital Housing Finance Associate Vice President Salary 14 - 15 years exp. (3 salaries)	₹25 L/yr - ₹36.2 L/yr 65% more
Axis Finance Associate Vice President Salary 8 - 9 years exp. (3 salaries)	₹16 L/yr - ₹22 L/yr 1% more

Associate Vice President salary at Ambit Finvest ranges between ₹17.8 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Ambit Finvest.

Experience wise Ambit Finvest Associate Vice President salaries in Mumbai

Last Updated: 13 Dec 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
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13 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
14 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr

Similar Designation salaries in Ambit Finvest

Project Manager Salary

(3 salaries)

₹7 L/yr - ₹30 L/yr

Senior Associate Salary

(3 salaries)

₹13 L/yr - ₹28 L/yr

Salary related reviews for Ambit Finvest

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Good place for work. Seniors behavior is very good. Salary on time. Maintain online traing course.

Skill development - Good

+4 more

Dislikes

Incentive plans are very bad. July 23- month incentive did not received with august month salary and no one answerable about it. Promotion pending...

Senior Executive Operations in Zirakpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

More learning anvironment and overall amazing work culture.

Salary - Good

+5 more

Dislikes

There is not much growth in the operation department. No promotion within working 3years and bonus not taken a good as compare to other deaprtment.

Sales Manager in Kalyan / Dombivli

BFSI, Investments & Trading Department

4.0

• posted on 17 May 2021

3.0

for Salary and Benefits

Likes

...s very Good company. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike.

Promotions - Good

+2 more

Dislikes

No Thanks only customer service is slow and no any customer care number for customer service.

Business Analyst in Mumbai

Full Time

Strategic & Top Management Department

1.0

• posted on 26 Oct 2024

1.0

for Salary and Benefits

Likes

Very bad experience to join ambit.

Dislikes

People over there is not good ,they have been there for long time so treating themselves like God of project, Not coming from out side 😅😅😅, If they will compare they will know reality where they are 😅😅😅

Salary - Bad

+6 more

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

Dislikes

Certainly, here's a concise list outlining the negative experiences for new joiners at Ambit Finves: Lack of Incentives: Despite achieving targets or contests, employees receive no proper incentives, leading to feelings of disheartenment and lack of motivation. Poor Work-Life Balance: Employees are pressured to work even on Sundays, disregarding the importance of maintaining a healthy work-life balance. Ethical Concerns: Decisions are made abruptly and without proper consideration of ethics, such as last-minute cancellations of scheduled holidays, causing frustration and distrust among employees. It's important for new joiners to be aware of these issues

Salary - Bad

+5 more

see more salary related reviews

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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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Ambit Finvest Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Ambit Finvest in Mumbai?

The average salary of a Associate Vice President at Ambit Finvest in Mumbai typically ranges from ₹17.8 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Associate Vice President in Mumbai at Ambit Finvest earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Associate Vice President Salaries at Ambit Finvest 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 Ambit Finvest employees in India.

What is the estimated take home salary of a Associate Vice President at Ambit Finvest in Mumbai?

The estimated take-home salary of a Associate Vice President at Ambit Finvest in Mumbai typically ranges from ₹1,28,820 to ₹1,33,251 per month. This is based on the average salary range of ₹17.8 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 Ambit Finvest. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ambit Finvest for Associate Vice President in India?

BA Continuum	₹38.0 Lakhs to ₹52.0 Lakhs per year
Tata Capital Housing Finance	₹25.0 Lakhs to ₹36.2 Lakhs per year
InCred Finance	₹13.8 Lakhs to ₹30.0 Lakhs per year
Fedbank Financial Services	₹16.0 Lakhs to ₹32.0 Lakhs per year
IIFL Home Finance	₹19.6 Lakhs to ₹30.9 Lakhs per year

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

What is the salary of a Associate Vice President in companies similar to Ambit Finvest in Mumbai?

The salary of a Associate Vice President at companies similar to Ambit Finvest in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Finance

₹16.0 Lakhs to ₹22.0 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 Associate Vice President at Ambit Finvest in Mumbai?

The salary growth for a Associate Vice President at Ambit Finvest in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in Mumbai can expect the following growth trajectory at Ambit Finvest:

Experience	Average Salary Range
8 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
12 years	₹16.0 Lakhs to ₹20.5 Lakhs per year
13 years	₹18.9 Lakhs to ₹24.2 Lakhs per year
14 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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Ambit Finvest Associate Vice President Salaries in Mumbai

Ambit Finvest Associate Vice President salary in Mumbai ranges between ₹17.8 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ambit Finvest latest salaries received from various employees of Ambit Finvest.