Deutsche Bank Mumbai Associate Manager Salaries by 40+ Employees (Updated 2025)

7 - 14 years exp.

₹10 Lakhs - ₹24 Lakhs

Salary of majority employees

At par with the average Associate Manager Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 7 - 13 years exp. (15 salaries)	₹10 L/yr - ₹24 L/yr
Finance & Accounting Associate Manager Salary 7 - 14 years exp. (15 salaries)	₹10.1 L/yr - ₹20.6 L/yr
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Risk Management & Compliance Associate Manager Salary 8 - 13 years exp. (8 salaries)	₹11.8 L/yr - ₹24 L/yr
Customer Success, Service & Operations Associate Manager Salary 7 - 12 years exp. (5 salaries)	₹11 L/yr - ₹19 L/yr

Last Updated: 12 Mar 2025

Companies similar to Deutsche Bank for Associate Manager in Mumbai

Deutsche Bank Associate Manager Salary

7 - 14 years exp. (47 salaries)

₹10 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Associate Manager Salary 0 - 10 years exp. (474 salaries)	₹1.8 L/yr - ₹6.8 L/yr 75% less	12 job openings
Standard Chartered Associate Manager Salary 3 - 16 years exp. (55 salaries)	₹5.5 L/yr - ₹15.5 L/yr 39% less
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IDFC FIRST Bank Associate Manager Salary 0 - 6 years exp. (28 salaries)	₹2.4 L/yr - ₹7 L/yr 79% less	4 job openings
Kotak Mahindra Bank Associate Manager Salary 1 - 5 years exp. (14 salaries)	₹3 L/yr - ₹3.7 L/yr 80% less
Yes Bank Associate Manager Salary 3 - 9 years exp. (10 salaries)	₹3.2 L/yr - ₹6.5 L/yr 76% less
HSBC Global Banking and Markets Associate Manager Salary 10 - 12 years exp. (3 salaries)	₹13.5 L/yr - ₹17.2 L/yr 10% less
ANZ Banking Group Associate Manager Salary 10 - 12 years exp. (3 salaries)	₹23.5 L/yr - ₹26.5 L/yr 43% more

Associate Manager salary at Deutsche Bank ranges between ₹10 Lakhs to ₹24 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 47 latest salaries received from various employees of Deutsche Bank.

Experience wise Deutsche Bank Associate Manager salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
7 years (4 salaries)	₹10.1 L/yr - ₹17.5 L/yr
8 years (7 salaries)	₹11 L/yr - ₹22.7 L/yr
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9 years (8 salaries)	₹11.4 L/yr - ₹20 L/yr
10 years (8 salaries)	₹10.2 L/yr - ₹20.6 L/yr
11 years (8 salaries)	₹10.2 L/yr - ₹20.6 L/yr
12 years (6 salaries)	₹10 L/yr - ₹24 L/yr
13 years (4 salaries)	₹14 L/yr - ₹24 L/yr
14 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr

View all

From

Associate Manager

₹

Lakhs/yr

7 - 14 years exp.

Director

₹

Lakhs/yr

15 - 25 years exp.

Associate Manager

7 - 14 years exp.

Assistant Vice President

7 - 21 years exp.

128% hike

Vice President

11 - 25 years exp.

72% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Deutsche Bank

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(7 salaries)

₹20 L/yr - ₹36 L/yr

Team Lead Salary

(3 salaries)

₹9.45 L/yr - ₹12.7 L/yr

Salary related reviews for Deutsche Bank

3.5

Rated by 7 employees for salary & benefits

Associate Manager in Mumbai

Fund Accounting Department

1.0

• posted on 09 Jun 2022

1.0

for Salary and Benefits

Likes

Worst culture in Malaysia fund accounting team.

Dislikes

...otect people with behavior issues due to there perception about resource crunch. Deutsche investor services has worst culture, abysmal pay hike and people with behavioral issues.

Salary - Bad

+6 more

Associate Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Jul 2024

2.0

for Salary and Benefits

Likes

...ory authority. Training is absolute zero and none in senior management are SMEs. They are there only to earn salary and boss around by abusing their powers.

Dislikes

Senior management abusing their power. Zero work life balance. Their employees welfare programs are just a facade They falsely the roles and it's responsibility at the time of hiring and never stick to anything stipulated under offer letter

Salary - Poor

+6 more

Associate Consultant in Pune

Full Time

IT & Information Security Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Work life balance is good, as ther is very low focus on work. :) 4% variable component which is good.

Job security - Good

+1 more

Dislikes

...n order to grow. This is always being said during your performance discussions. Good organization if you have no goals and happy with salary being credited monthly in your account.

Skill development - Bad

+2 more

Senior Engineer in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 29 Mar 2024

4.0

for Salary and Benefits

Likes

Only salary is good.

Salary - Good

+1 more

Dislikes

Directors are incapable of running business. Their is a army of incapable Directors who are spoiling future of many employees. If you are technically skilled and want to grow in technology then never join DB. Higher management only like boot lickers who just do buttering of bosses. Skillset required to succeed in DB is cocktail party management/arrangement, leading timepass meetings wasting precious time. Working DB is totally waste.

Skill development - Bad

+4 more

Senior Associate in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

Work life balance is great, they have a fixed pay which is good, various team activities, great work culture ,

Salary - Good

+4 more

Dislikes

Even though they have fixed pay but in hand is less, learning opportunities are not good , senior management is not cooperative, less exposure to new technologies

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Deutsche Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at Deutsche Bank in Mumbai?

The average salary of a Associate Manager at Deutsche Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Associate Manager in Mumbai at Deutsche Bank earn more than ₹20.6 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Associate Manager Salaries at Deutsche Bank 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 40+ Deutsche Bank employees in India.

What is the estimated take home salary of a Associate Manager at Deutsche Bank in Mumbai?

The estimated take-home salary of a Associate Manager at Deutsche Bank in Mumbai typically ranges from ₹1,13,044 to ₹1,16,187 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 7 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 40+ salaries received from various employees of Deutsche Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Deutsche Bank for Associate Manager in India?

ANZ Banking Group

₹23.5 Lakhs to ₹26.5 Lakhs per year

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

What is the salary of a Associate Manager in companies similar to Deutsche Bank in Mumbai?

The salary of a Associate Manager at companies similar to Deutsche Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets	₹13.5 Lakhs to ₹17.2 Lakhs per year
Standard Chartered	₹5.5 Lakhs to ₹15.5 Lakhs per year
IndusInd Bank	₹1.8 Lakhs to ₹6.8 Lakhs per year
Yes Bank	₹3.2 Lakhs to ₹6.5 Lakhs per year
IDFC FIRST Bank	₹2.4 Lakhs to ₹7.0 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 Manager at Deutsche Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹10.1 Lakhs to ₹17.5 Lakhs per year
8 years	₹11.0 Lakhs to ₹22.7 Lakhs per year
9 years	₹11.4 Lakhs to ₹20.0 Lakhs per year
10 years	₹10.2 Lakhs to ₹20.6 Lakhs per year

and so on.

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Deutsche Bank Associate Manager Salaries in Mumbai

Deutsche Bank Associate Manager salary in Mumbai ranges between ₹10 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 47 Deutsche Bank latest salaries received from various employees of Deutsche Bank.