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Asset Reconstruction Company (India) Assistant Manager salaries in Mumbai

Annual salary range
4 - 14 years exp.
₹4.5 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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Fixed (81%)
₹4.3 Lakhs
Variable (19%)
₹1.0 Lakh
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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 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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₹6.8 L/yr - ₹16.2 L/yr

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JM Financial Assistant Manager Salary

2 - 11 years exp. (25 salaries)

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₹5 L/yr - ₹12 L/yr

arrow icon 37% more
1 job opening
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Phoenix Arc Assistant Manager Salary

1 - 6 years exp. (5 salaries)

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₹3.5 L/yr - ₹3.8 L/yr

arrow icon 31% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 10 years exp. (3.5k salaries)

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₹1 L/yr - ₹5 L/yr

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Tata Capital Assistant Manager Salary

0 - 8 years exp. (12 salaries)

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₹3.4 L/yr - ₹10 L/yr

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1 job opening
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Reliance Capital Assistant Manager Salary

1 - 12 years exp. (19 salaries)

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₹2.6 L/yr - ₹6 L/yr

arrow icon 13% less
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L&T Finance Assistant Manager Salary

1 - 9 years exp. (123 salaries)

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₹3.1 L/yr - ₹9 L/yr

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₹2.8 L/yr - ₹8 L/yr

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Edelweiss Assistant Manager Salary

0 - 9 years exp. (328 salaries)

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₹4.2 L/yr - ₹15 L/yr

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Nomura Holdings Assistant Manager Salary

4 - 12 years exp. (97 salaries)

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₹6 L/yr - ₹22 L/yr

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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

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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

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10 years exp.
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4 years exp.
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9 years exp.
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7 years exp.
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14 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 - ₹8.9 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 - ₹5.8 L/yr
7 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.5 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 - ₹11 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.

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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) Mumbai?
Assistant Manager salary at Asset Reconstruction Company (India) in Mumbai ranges between ₹4.5 Lakhs to ₹5.5 Lakhs for experience between 4 years to 14 years. According to our estimates it is 37% less than the average Assistant Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Asset Reconstruction Company (India) Mumbai.
How does the salary of a Assistant Manager at Asset Reconstruction Company (India) Mumbai compare with the average salary range for this job?
The average salary of a Assistant Manager at Asset Reconstruction Company (India) is 37% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager at Asset Reconstruction Company (India)?
Home Loans, Negotiation, Communication Skills, Contracting and Lap are some of the popular skills required to work as a Assistant Manager at Asset Reconstruction Company (India) Mumbai.
Which similar companies are paying more than Asset Reconstruction Company (India) to a Assistant Manager in Mumbai?
  • Nomura Holdings Assistant Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
  • Edelweiss Asset Reconstruction Company Assistant Manager Salary - ₹6.8 Lakhs to ₹16.2 Lakhs per year
  • Edelweiss Assistant Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
  • Tata Capital Assistant Manager Salary - ₹3.4 Lakhs to ₹10.0 Lakhs per year
  • JM Financial Assistant Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Asset Reconstruction Company (India) in Mumbai?
  • A K Capital Services Assistant Manager Salary - ₹4.7 Lakhs to ₹12.5 Lakhs per year
  • L&T Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
  • Piramal Capital Housing Finance Assistant Manager Salary - ₹2.8 Lakhs to ₹8.0 Lakhs per year
  • Reliance Capital Assistant Manager Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
  • Phoenix Arc Assistant Manager Salary - ₹3.5 Lakhs to ₹3.8 Lakhs per year
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) ranges between ₹39,688 per month to ₹40,858 per month in Mumbai. The take-home salary calculation is based on the average Asset Reconstruction Company (India) Assistant Manager salary in India which ranges between ₹4.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Asset Reconstruction Company (India) in Mumbai?
According to AmbitionBox, 57% of the Asset Reconstruction Company (India) Assistant Managers in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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).