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Asset Reconstruction Company (India) Senior Manager salaries in Mumbai

Annual salary range
8 - 17 years exp.
₹8.1 Lakhs - ₹29 Lakhs
Salary of majority employees
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Fixed (72%)
₹12 Lakhs
Variable (28%)
₹4.7 Lakhs
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22% less than the average Senior Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 8 - 17 years of experience

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Salaries in different departments

Finance & Accounting
Senior Manager Salary
8 - 17 years exp. (8 salaries)
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₹9.3 L/yr - ₹29 L/yr

BFSI, Investments & Trading
Senior Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹16.5 L/yr

Last Updated: 16 Aug 2024

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

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Asset Reconstruction Company (India) Senior Manager Salary

8 - 17 years exp. (12 salaries)

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₹8.1 L/yr - ₹29 L/yr

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₹14 L/yr - ₹32 L/yr

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JM Financial Senior Manager Salary

8 - 17 years exp. (44 salaries)

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₹6.3 L/yr - ₹20.1 L/yr

arrow icon 17% less
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Phoenix Arc Senior Manager Salary

4 - 7 years exp. (9 salaries)

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₹11.3 L/yr - ₹18.8 L/yr

arrow icon 12% less
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IL&FS Financial Services Senior Manager Salary

13 - 26 years exp. (8 salaries)

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₹16 L/yr - ₹22 L/yr

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Kotak Mahindra Bank Senior Manager Salary

1 - 18 years exp. (1.4k salaries)

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₹6.5 L/yr - ₹23.5 L/yr

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Tata Capital Senior Manager Salary

4 - 14 years exp. (123 salaries)

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₹9.9 L/yr - ₹31 L/yr

arrow icon 30% more
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Reliance Capital Senior Manager Salary

8 - 15 years exp. (9 salaries)

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₹9.1 L/yr - ₹21.4 L/yr

arrow icon 27% less
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L&T Finance Senior Manager Salary

2 - 11 years exp. (240 salaries)

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₹8 L/yr - ₹26 L/yr

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₹13 L/yr - ₹35 L/yr

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Edelweiss Senior Manager Salary

6 - 17 years exp. (154 salaries)

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₹7 L/yr - ₹25 L/yr

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A K Capital Services Senior Manager Salary

0 - 11 years exp. (11 salaries)

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₹12.5 L/yr - ₹27 L/yr

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Nomura Holdings Senior Manager Salary

10 - 15 years exp. (6 salaries)

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₹20 L/yr - ₹29 L/yr

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₹8 L/yr - ₹10.7 L/yr

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Link Intime Senior Manager Salary

7 - 15 years exp. (5 salaries)

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₹5.8 L/yr - ₹6.3 L/yr

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₹20 L/yr - ₹25.5 L/yr

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Senior Manager salary at Asset Reconstruction Company (India) ranges between ₹8.1 Lakhs to ₹29 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 12 latest salaries received from various employees of Asset Reconstruction Company (India).

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

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

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹23.5 L/yr
9 years (AmbitionBox Estimate)

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₹16 L/yr - ₹20.4 L/yr
10 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹23.4 L/yr
11 years (AmbitionBox Estimate)

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₹15.8 L/yr - ₹30.8 L/yr
12 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹30.3 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 Senior Manager

Trust Accounting Finalisation Data Analysis NBFC Loan Recovery

Salary related reviews for Asset Reconstruction Company (India)

4.0

Rated by 1 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.

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  • 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) Senior Manager Salary FAQs

What is the salary of Senior Manager at Asset Reconstruction Company (India) Mumbai?
Senior Manager salary at Asset Reconstruction Company (India) in Mumbai ranges between ₹8.1 Lakhs to ₹29.0 Lakhs for experience between 8 years to 17 years. According to our estimates it is 22% less than the average Senior Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Asset Reconstruction Company (India) Mumbai.
How does the salary of a Senior Manager at Asset Reconstruction Company (India) Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at Asset Reconstruction Company (India) is 22% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager at Asset Reconstruction Company (India)?
Trust Accounting, Finalisation, Data Analysis, NBFC and Loan Recovery are some of the popular skills required to work as a Senior Manager at Asset Reconstruction Company (India) Mumbai.
Which similar companies are paying more than Asset Reconstruction Company (India) to a Senior Manager in Mumbai?
  • Nomura Holdings Senior Manager Salary - ₹20.0 Lakhs to ₹29.0 Lakhs per year
  • Edelweiss Asset Reconstruction Company Senior Manager Salary - ₹14.0 Lakhs to ₹32.0 Lakhs per year
  • Bank of America Securities Senior Manager Salary - ₹20.0 Lakhs to ₹25.5 Lakhs per year
  • Tata Capital Senior Manager Salary - ₹9.9 Lakhs to ₹31.0 Lakhs per year
  • Piramal Capital Housing Finance Senior Manager Salary - ₹13.0 Lakhs to ₹35.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Asset Reconstruction Company (India) in Mumbai?
  • A K Capital Services Senior Manager Salary - ₹12.5 Lakhs to ₹27.0 Lakhs per year
  • IL&FS Financial Services Senior Manager Salary - ₹16.0 Lakhs to ₹22.0 Lakhs per year
  • L&T Finance Senior Manager Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year
  • Edelweiss Senior Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
  • Phoenix Arc Senior Manager Salary - ₹11.3 Lakhs to ₹18.8 Lakhs per year
What is the estimated take home salary of a Senior Manager at Asset Reconstruction Company (India) in Mumbai?
The estimated take-home salary of a Senior Manager at Asset Reconstruction Company (India) ranges between ₹1,13,267 per month to ₹1,16,417 per month in Mumbai. The take-home salary calculation is based on the average Asset Reconstruction Company (India) Senior Manager salary in India which ranges between ₹8.1 Lakhs to ₹29.0 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Asset Reconstruction Company (India) in Mumbai?
According to AmbitionBox, 55% of the Asset Reconstruction Company (India) Senior Managers in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Asset Reconstruction Company (India) Senior Manager salary in Mumbai ranges between ₹8.1 Lakhs to ₹29 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Asset Reconstruction Company (India) latest salaries received from various employees of Asset Reconstruction Company (India).