Idbi Asset Management Assistant Manager Salaries by 10 Employees (Updated 2024)

1 - 16 years exp.

₹4.6 Lakhs - ₹6 Lakhs

Salary of majority employees

36% less than the average Assistant Manager Salary for 1 - 16 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 1 - 5 years exp. (6 salaries)	₹4.6 L/yr - ₹6 L/yr
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Marketing & Communication Assistant Manager Salary 8 - 16 years exp. (4 salaries)	₹4.9 L/yr - ₹6 L/yr

Last Updated: 26 Aug 2023

Companies similar to Idbi Asset Management for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Assistant Manager Salary 1 - 10 years exp. (417 salaries)	₹4 L/yr - ₹10.4 L/yr 26% more
ICICI Prudential Mutual Fund Assistant Manager Salary 0 - 9 years exp. (652 salaries)	₹3 L/yr - ₹7.7 L/yr 1% less
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SBI Funds Management Assistant Manager Salary 2 - 8 years exp. (75 salaries)	₹3.5 L/yr - ₹7.8 L/yr 2% more
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 8% more
Kotak Mahindra Asset Management Company Assistant Manager Salary 1 - 6 years exp. (93 salaries)	₹2.2 L/yr - ₹7.3 L/yr 17% less
Aditya Birla Health Insurance Co Assistant Manager Salary 0 - 9 years exp. (359 salaries)	₹2.1 L/yr - ₹9.5 L/yr 6% more
UTI Asset Management Company Assistant Manager Salary 1 - 7 years exp. (81 salaries)	₹3.9 L/yr - ₹9 L/yr 13% more
Franklin Templeton Investments Assistant Manager Salary 6 - 15 years exp. (129 salaries)	₹5.2 L/yr - ₹23 L/yr 139% more
DSP Investment Managers Assistant Manager Salary 1 - 9 years exp. (42 salaries)	₹5 L/yr - ₹12.5 L/yr 31% more
Axis Asset Management Company Assistant Manager Salary 1 - 10 years exp. (43 salaries)	₹3.5 L/yr - ₹8 L/yr 9% more
Huawei Technologies Assistant Manager Salary 8 - 16 years exp. (217 salaries)	₹5.3 L/yr - ₹15.1 L/yr 90% more
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Marelli Assistant Manager Salary 5 - 12 years exp. (211 salaries)	₹8.8 L/yr - ₹22 L/yr 202% more
ABCI Infrastructures Assistant Manager Salary 0 - 13 years exp. (124 salaries)	₹5.1 L/yr - ₹17.4 L/yr 112% more	2 job openings
Caparo Engineering India Assistant Manager Salary 7 - 16 years exp. (87 salaries)	₹5 L/yr - ₹10.5 L/yr 38% more
HCL Infosystems Assistant Manager Salary 4 - 13 years exp. (86 salaries)	₹4.1 L/yr - ₹15 L/yr 71% more
JioMart Assistant Manager Salary 3 - 12 years exp. (80 salaries)	₹3.2 L/yr - ₹9.5 L/yr 14% more
Creambell Assistant Manager Salary 4 - 17 years exp. (38 salaries)	₹4.8 L/yr - ₹12.5 L/yr 55% more
Seoyon E-hwa Automotive Assistant Manager Salary 9 - 18 years exp. (26 salaries)	₹6.8 L/yr - ₹10.5 L/yr 58% more
Novartis Healthcare Assistant Manager Salary 5 - 12 years exp. (19 salaries)	₹10 L/yr - ₹25 L/yr 209% more
TCL Assistant Manager Salary 4 - 13 years exp. (18 salaries)	₹8 L/yr - ₹19.5 L/yr 140% more

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Assistant Manager salary at Idbi Asset Management ranges between ₹4.6 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 10 latest salaries received from various employees of Idbi Asset Management.

Experience wise Idbi Asset Management Assistant Manager salaries

Last Updated: 26 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.6 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹9.7 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
14 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

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Similar Designation salaries in Idbi Asset Management

Team Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Deputy Manager Salary

(10 salaries)

₹4.35 L/yr - ₹9 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

Relationship Manager Salary

(6 salaries)

₹3.5 L/yr - ₹4.8 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Idbi Asset Management

2.0

Rated by 2 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 11 Jun 2023

1.0

for Salary and Benefits

Likes

The people, except for the Management, are really helpful.

Dislikes

...le there can ever be. The MD ( Raj Kishore Singh) never cared for the employees. No increment, no bonus nothing. He just rejected anything which was to be done in favour of employees. Marketing head Ajit Goswami is the worst of human there can ever be. He never really did anything. The Equity Fund manager Alok Ranjan (another idiot) was a relative of the MD and hence behaved as if employees are his servants. I am so glad that the organization is getting closed. I just hope some regulatory body or for that matter IDBI Bank, takes a note of this and takes action against the nincompoops running the AMC.

Manager in Cuffe Parade

Information Technology Department

5.0

• posted on 24 Sep 2021

3.0

for Salary and Benefits

Likes

The best part of working at the organization is the work culture.

Dislikes

The company does not impart any training, the job security is there but no career growth. I have seen only 1 promotion is the 10 years with the company.

Probationary Officer in Mumbai

Finance & Accounting Department

3.0

• posted on 07 Dec 2020

3.0

for Salary and Benefits

Likes

In terms of job security, they supported the employees in best possible way, But in terms of operations it was not so great, employees were made to report to office, no provision of transport was made by the company so on our own and worst part was work from home was possible even then they made employees come which was bad.

Dislikes

No comments

HR Manager

Finance & Accounting Department

1.0

• posted on 28 Mar 2018

1.0

for Salary and Benefits

Likes

Food is free and Saturday Sunday holiday in head office

Dislikes

Management thinks they can do anything and treat people like dogs. Insulting, abusing and shouting. Place is like a jail and employees are treated like criminals

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Top trending discussions

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Salary Discussions, Hike & Promotions

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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Idbi Asset Management Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Idbi Asset Management?

Assistant Manager salary at Idbi Asset Management in India ranges between ₹4.6 Lakhs to ₹6.0 Lakhs for experience between 1 years to 16 years. According to our estimates it is 36% less than the average Assistant Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Idbi Asset Management India.

How does the salary of a Assistant Manager at Idbi Asset Management India compare with the average salary range for this job?

The average salary of a Assistant Manager at Idbi Asset Management is 36% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Idbi Asset Management to a Assistant Manager in India?

Testo India Assistant Manager Salary - ₹8.1 Lakhs to ₹33.8 Lakhs per year
IVTL Infoview Technologies Assistant Manager Salary - ₹8.0 Lakhs to ₹24.5 Lakhs per year
Novartis Healthcare Assistant Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Marelli Assistant Manager Salary - ₹8.8 Lakhs to ₹22.0 Lakhs per year
TCL Assistant Manager Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Idbi Asset Management in India?

Franklin Templeton Investments Assistant Manager Salary - ₹5.2 Lakhs to ₹23.0 Lakhs per year
Kyndal India Assistant Manager Salary - ₹3.0 Lakhs to ₹24.5 Lakhs per year
Cogniter Technologies Assistant Manager Salary - ₹8.6 Lakhs to ₹24.0 Lakhs per year
Ministry of Home Affairs Assistant Manager Salary - ₹12.2 Lakhs to ₹20.0 Lakhs per year
ABCI Infrastructures Assistant Manager Salary - ₹5.1 Lakhs to ₹17.4 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Idbi Asset Management in India?

The estimated take-home salary of a Assistant Manager at Idbi Asset Management ranges between ₹40,511 per month to ₹41,669 per month in India. The take-home salary calculation is based on the average Idbi Asset Management Assistant Manager salary in India which ranges between ₹4.6 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Idbi Asset Management?

According to AmbitionBox, 57% of the Idbi Asset Management Assistant Managers reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Idbi Asset Management Assistant Manager Salaries

Idbi Asset Management Assistant Manager salary in India ranges between ₹4.6 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Idbi Asset Management latest salaries received from various employees of Idbi Asset Management.