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Asset Reconstruction Company (India) Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 14 years exp.
₹4.5 Lakhs - ₹5.5 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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37% less than the average Assistant Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 4 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.5 L/yr

Data Science & Analytics
Assistant Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.1 L/yr

Risk Management & Compliance
Assistant Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.3 L/yr

Last Updated: 4 Feb 2025

Companies similar to Asset Reconstruction Company (India) for Assistant Manager in Mumbai

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Asset Reconstruction Company (India) Assistant Manager Salary

4 - 14 years exp. (5 salaries)

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₹4.5 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Nomura Holdings Assistant Manager Salary

4 - 12 years exp. (371 salaries)

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₹6 L/yr - ₹23.7 L/yr

arrow icon 153% more
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A K Capital Services Assistant Manager Salary

1 - 8 years exp. (20 salaries)

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₹4.7 L/yr - ₹12.5 L/yr

arrow icon 32% more
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Blackrock Assistant Manager Salary

8 - 10 years exp. (3 salaries)

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₹4.3 L/yr - ₹8.5 L/yr

arrow icon 44% more
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Muthoot Homefin India Assistant Manager Salary

11 - 14 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.9 L/yr

arrow icon 7% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 10 years exp. (3.5k salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 35% less
Assistant Manager salary at Asset Reconstruction Company (India) ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Asset Reconstruction Company (India).

Latest annual salaries shared by Asset Reconstruction Company (India) Assistant Manager in Mumbai

2mo ago
₹5.3 Lakhs
10 years exp.
1y ago
₹4.5 Lakhs
4 years exp.
1y ago
₹5 Lakhs
9 years exp.
1y ago
₹5.5 Lakhs
7 years exp.

Experience wise Asset Reconstruction Company (India) Assistant Manager salaries in Mumbai

Last Updated: 4 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
View all

Similar Designation salaries in Asset Reconstruction Company (India)

Deputy Manager Salary
(5 salaries)
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₹5.5 L/yr - ₹10 L/yr

Top skills at Asset Reconstruction Company (India) for Assistant Manager

Home Loans Negotiation Communication Skills Contracting Lap

Salary related reviews for Asset Reconstruction Company (India)

4.0

Rated by 4 employees for salary & benefits

Legal & Regulatory Department

2.0
  •  posted on 28 Sep 2021

2.0
 for  Salary and Benefits

Likes

...hours in the night and morning and even on Saturday and Sunday you have to work. The compensation is not great and monetary growth is very slow. Final call: big name and exposure is not enough. A company should value it's employees personal life as well.

read more

Dislikes

Zero work life balance

  • Salary - Poor
  • +5 more

Legal & Regulatory Department

5.0
  •  posted on 20 Jul 2018

4.0
 for  Salary and Benefits

Likes

The working environment is very good.My reporting is helpful and always cooperate.The job security is very good.

  • Salary - Good
  • +6 more

Dislikes

Our devision is retail division.So here compensation is not attractive.Our corporate division compensation is very good.Our promotion process is slower than our Corporate division.

read more

Finance & Accounting Department

5.0
  •  posted on 08 Oct 2017

4.0
 for  Salary and Benefits

Likes

... the work on time. No politics in this organisation. Very good work environment. Salary and appraisal are given in every year.

read more
  • Salary - Good
  • +5 more

Dislikes

Last two years company growth is not good. Many good employees are left from this organisation,salary and appraisal are not on time.

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Full Time

 · 

Other Department

4.0
  •  posted on 12 Feb 2024

5.0
 for  Salary and Benefits

Likes

Working at ARCIL provides a unique opportunity to contribute to the financial sector by helping resolve non-performing assets, which in turn facilitates the restructuring and revitalization of struggling businesses. It's rewarding to be part of a team that plays a crucial role in strengthening the economy by efficiently managing distressed assets.

read more
  • Salary - Excellent
  • +2 more

Dislikes

One potential challenge of working at ARCIL could be the high-pressure environment, as dealing with distressed assets and financial restructuring can involve complex negotiations and decision-making processes. Additionally, the nature of the work may require handling sensitive situations and working under tight deadlines, which can be stressful at times.

read more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 13 Jun 2023

1.0
 for  Salary and Benefits

Likes

There is nothing to like about the company. It's a very unprofessional and unorganized company.

Dislikes

There are people in the organisation, particularly in the Recovery team( these people are called DO I.e dealing officers) who do not have legal knowledge and they act like they know everything about the law. To be very specific the name of the person is Sarthak Jindal (he is a DO), who sits in the Delhi office and they are others as well.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Asset Reconstruction Company (India) Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Asset Reconstruction Company (India) in Mumbai?
The average salary of a Assistant Manager at Asset Reconstruction Company (India) in Mumbai typically ranges from ₹4.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Assistant Manager in Mumbai at Asset Reconstruction Company (India) earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Assistant Manager Salaries at Asset Reconstruction Company (India) 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 5 Asset Reconstruction Company (India) employees in India.
What is the estimated take home salary of a Assistant Manager at Asset Reconstruction Company (India) in Mumbai?
The estimated take-home salary of a Assistant Manager at Asset Reconstruction Company (India) in Mumbai typically ranges from ₹39,939 to ₹41,105 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 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 5 salaries received from various employees of Asset Reconstruction Company (India). Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Asset Reconstruction Company (India) in Mumbai?
To be a Assistant Manager at Asset Reconstruction Company (India) in Mumbai, the key skills required include:

  • - Home Loans
  • - Negotiation
  • - Communication Skills
  • - Contracting
  • - Lap

These skills are highly valued at Asset Reconstruction Company (India) and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Asset Reconstruction Company (India) for Assistant Manager in India?
Nomura Holdings ₹6.0 Lakhs to ₹23.7 Lakhs per year
Blackrock ₹4.3 Lakhs to ₹8.5 Lakhs per year
A K Capital Services ₹4.7 Lakhs to ₹12.5 Lakhs per year

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

Muthoot Homefin India ₹4.5 Lakhs to ₹5.9 Lakhs per year
Kotak Mahindra Bank ₹1.2 Lakhs to ₹5.0 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 Assistant Manager at Asset Reconstruction Company (India) in Mumbai?
The salary growth for a Assistant Manager at Asset Reconstruction Company (India) in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Asset Reconstruction Company (India):

Experience Average Salary Range
4 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
5 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

Asset Reconstruction Company (India) Assistant Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Asset Reconstruction Company (India) latest salaries received from various employees of Asset Reconstruction Company (India).