Elara Capital Mumbai Assistant Manager Salaries by 4 Employees (Updated 2024)

4 - 8 years exp.

₹4 Lakhs - ₹7 Lakhs

Salary of majority employees

34% less than the average Assistant Manager Salary in Financial Services Companies for 4 - 8 years of experience

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Last Updated: 5 Oct 2024

Companies similar to Elara Capital for Assistant Manager in Mumbai

Elara Capital Assistant Manager Salary

4 - 8 years exp. (4 salaries)

₹4 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Assistant Manager Salary 0 - 13 years exp. (363 salaries)	₹3.9 L/yr - ₹15 L/yr 55% more
Motilal Oswal Financial Services Assistant Manager Salary 1 - 12 years exp. (460 salaries)	₹2.3 L/yr - ₹8.7 L/yr 4% more
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IIFL Finance Assistant Manager Salary 0 - 12 years exp. (107 salaries)	₹2.4 L/yr - ₹6.4 L/yr 27% less
JM Financial Assistant Manager Salary 2 - 15 years exp. (28 salaries)	₹5 L/yr - ₹12 L/yr 37% more	1 job opening
HDFC Securities Assistant Manager Salary 0 - 8 years exp. (228 salaries)	₹2.4 L/yr - ₹7.2 L/yr 22% less
Kotak Securities Assistant Manager Salary 0 - 6 years exp. (969 salaries)	₹1.8 L/yr - ₹5 L/yr 38% less	7 job openings
ICICI Securities Assistant Manager Salary 0 - 8 years exp. (286 salaries)	₹3.2 L/yr - ₹6.5 L/yr 13% less
Axis Direct Assistant Manager Salary 2 - 15 years exp. (92 salaries)	₹2.9 L/yr - ₹8 L/yr 8% more
Reliance Securities Assistant Manager Salary 6 - 15 years exp. (20 salaries)	₹2.5 L/yr - ₹6 L/yr 24% less
Angel One Assistant Manager Salary 2 - 9 years exp. (154 salaries)	₹2.6 L/yr - ₹8.2 L/yr 22% less
IDBI Capital Assistant Manager Salary 2 - 14 years exp. (28 salaries)	₹4.2 L/yr - ₹9 L/yr 20% more
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Reliance Money Assistant Manager Salary 1 - 12 years exp. (26 salaries)	₹3.7 L/yr - ₹5.5 L/yr 22% less
Karvy Financial Services Assistant Manager Salary 2 - 13 years exp. (12 salaries)	₹3 L/yr - ₹7.1 L/yr 1% less
Sumitomo Mitsui Banking Corporation Assistant Manager Salary 2 - 9 years exp. (10 salaries)	₹9.5 L/yr - ₹18 L/yr 120% more
DKSH Assistant Manager Salary 6 - 13 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 102% more
Armstrong International Assistant Manager Salary 5 - 8 years exp. (4 salaries)	₹6 L/yr - ₹10 L/yr 68% more
Invesco Asset Management Assistant Manager Salary 6 - 8 years exp. (4 salaries)	₹10 L/yr - ₹18 L/yr 161% more
Brinks Arya India Assistant Manager Salary 5 - 15 years exp. (4 salaries)	₹4.4 L/yr - ₹6.4 L/yr 1% less
Profectus Capital Assistant Manager Salary 1 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹9.2 L/yr 62% more

Assistant Manager salary at Elara Capital ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Assistant Manager salaries in Mumbai

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Elara Capital

Associate Vice President Salary

(6 salaries)

₹20 L/yr - ₹33 L/yr

Analyst Salary

(5 salaries)

₹2 L/yr - ₹12 L/yr

Senior Vice President Salary

(4 salaries)

₹50 L/yr - ₹60 L/yr

Production Specialist Salary

(3 salaries)

₹9.1 L/yr - ₹11.8 L/yr

Salary related reviews for Elara Capital

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Elara Capital Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Elara Capital Mumbai?

Assistant Manager salary at Elara Capital in Mumbai ranges between ₹4.0 Lakhs to ₹7.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 34% less than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Elara Capital Mumbai.

How does the salary of a Assistant Manager at Elara Capital Mumbai compare with the average salary range for this job?

The average salary of a Assistant Manager at Elara Capital is 34% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Elara Capital to a Assistant Manager in Mumbai?

Invesco Asset Management Assistant Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
Sumitomo Mitsui Banking Corporation Assistant Manager Salary - ₹9.5 Lakhs to ₹18.0 Lakhs per year
DKSH Assistant Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Armstrong International Assistant Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
Profectus Capital Assistant Manager Salary - ₹4.4 Lakhs to ₹9.2 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Elara Capital in Mumbai?

Edelweiss Assistant Manager Salary - ₹3.9 Lakhs to ₹15.0 Lakhs per year
JM Financial Assistant Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
IDBI Capital Assistant Manager Salary - ₹4.2 Lakhs to ₹9.0 Lakhs per year
Axis Direct Assistant Manager Salary - ₹2.9 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services Assistant Manager Salary - ₹2.3 Lakhs to ₹8.7 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Elara Capital in Mumbai?

The estimated take-home salary of a Assistant Manager at Elara Capital ranges between ₹41,078 per month to ₹42,227 per month in Mumbai. The take-home salary calculation is based on the average Elara Capital Assistant Manager salary in India which ranges between ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Elara Capital in Mumbai?

According to AmbitionBox, 50% of the Elara Capital Assistant Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Elara Capital Assistant Manager Salaries in Mumbai

Elara Capital Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Elara Capital latest salaries received from various employees of Elara Capital.