India Ratings & Research Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

2 - 10 years exp.

₹3.6 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 10 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹8 L/yr
Data Science & Analytics Assistant Manager Salary 6 - 8 years exp. (4 salaries)	₹5.8 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 3 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5.8 L/yr
BFSI, Investments & Trading Assistant Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7 L/yr
Administration & Facilities Assistant Manager Salary 10 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.1 L/yr

Last Updated: 5 Feb 2025

Companies similar to India Ratings & Research for Assistant Manager in Mumbai

India Ratings & Research Assistant Manager Salary

2 - 10 years exp. (19 salaries)

₹3.6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Choice Equity Broking Assistant Manager Salary 0 - 13 years exp. (15 salaries)	₹3.5 L/yr - ₹7 L/yr 27% less	3 job openings
Karvy Financial Services Assistant Manager Salary 3 - 13 years exp. (10 salaries)	₹3 L/yr - ₹7.1 L/yr 17% less
Login to view exact salary
Electronic Payment And Services Assistant Manager Salary 5 - 12 years exp. (10 salaries)	₹4.3 L/yr - ₹8.5 L/yr 5% more
Fortune Integrated Assets Finance Assistant Manager Salary 4 - 10 years exp. (9 salaries)	₹3.1 L/yr - ₹3.6 L/yr 45% less
IndiaNivesh Securities Assistant Manager Salary 10 - 14 years exp. (8 salaries)	₹3.1 L/yr - ₹4.4 L/yr 36% less
Quatrro Mortgage Solutions Assistant Manager Salary 8 - 10 years exp. (7 salaries)	₹8.8 L/yr - ₹11.2 L/yr 65% more
Armstrong International Assistant Manager Salary 5 - 8 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 58% more
Invesco Asset Management Assistant Manager Salary 6 - 8 years exp. (4 salaries)	₹10 L/yr - ₹18 L/yr 143% more
Hem Securities Assistant Manager Salary 2 - 4 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 11% more
Kifs Housing Finance Assistant Manager Salary 4 - 8 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 24% less

Assistant Manager salary at India Ratings & Research ranges between ₹3.6 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 19 latest salaries received from various employees of India Ratings & Research.

Latest annual salaries shared by India Ratings & Research Assistant Manager in Mumbai

2mo ago

₹4 Lakhs

2 years exp.

2mo ago

₹7 Lakhs

10 years exp.

3mo ago

₹4 Lakhs

4 years exp.

6mo ago

₹7 Lakhs

6 years exp.

7mo ago

₹8 Lakhs

10 years exp.

10mo ago

9 years exp.

10mo ago

3 years exp.

11mo ago

3 years exp.

11mo ago

3 years exp.

1y ago

10 years exp.

Experience wise India Ratings & Research Assistant Manager salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
3 years (3 salaries)	₹4 L/yr - ₹7 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
6 years (5 salaries)	₹3.6 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (3 salaries)	₹3.9 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (3 salaries)	₹5.5 L/yr - ₹8 L/yr

View all

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Salary related reviews for India Ratings & Research

2.6

Rated by 3 employees for salary & benefits

Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Great work life balance, good opportunities, more learning.

Skill development - Good

+4 more

Dislikes

...negligible. If you want work life balance, then good, but money wise really bad. Getting in with good salary is important. Even director position does not have respect.

Salary - Poor

+1 more

Senior Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 12 Apr 2022

2.0

for Salary and Benefits

Likes

Work life balance, Supportive team

Job security - Excellent

+2 more

Dislikes

Poor Hike and bonus%. Both are always in single digit. Join any rating agency and you will get hike in single digit. This is company in not for people who are looking for stability and long term. Technologically not so good.

Salary - Poor

+2 more

Senior Analyst, Commodities And Retail , Large Corporates in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Sep 2023

4.0

for Salary and Benefits

Likes

Excellent work culture with very supportive managers, opportunity for learning, flexibility around work schedules, exposure, and opportunity to interact with c-suite executives.

Salary - Good

+5 more

Dislikes

Pay could be better, along with appraisals. This is the only drawback, otherwise it is one of the best places to work for.

Analyst in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 07 Apr 2022

1.0

for Salary and Benefits

Likes

Good learning opportunities in MC/LC & other teams except Emerging Corp. Very good manager in South Mid Corp analytical. Decent culture. Good insurance policy

Skill development - Good

+5 more

Dislikes

Very less pay scale. Learning curve will depend on individual's ability to reach out

Salary - Bad

Credit Analyst in Greater Noida

Full Time

Finance & Accounting Department

1.0

• posted on 19 Oct 2023

1.0

for Salary and Benefits

Likes

Only learning through interactions with industry people.

Skill development - Good

+1 more

Dislikes

Culture, compensation, growth, no focus on training and development. Not a very employee friendly company, do not care about personal lives or well-being of employees. High attrition and no effort at team-building. Seniors will ask to reach out for any help but when you do they’ll not respond.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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India Ratings & Research Assistant Manager Salary FAQs

What is the salary of Assistant Manager at India Ratings & Research in Mumbai?

The average salary of a Assistant Manager at India Ratings & Research in Mumbai typically ranges from ₹3.6 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Assistant Manager in Mumbai at India Ratings & Research earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Assistant Manager Salaries at India Ratings & Research 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 10+ India Ratings & Research employees in India.

What is the estimated take home salary of a Assistant Manager at India Ratings & Research in Mumbai?

The estimated take-home salary of a Assistant Manager at India Ratings & Research in Mumbai typically ranges from ₹44,325 to ₹45,426 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 10+ salaries received from various employees of India Ratings & Research. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Ratings & Research for Assistant Manager in India?

Invesco Asset Management	₹10.0 Lakhs to ₹18.0 Lakhs per year
Quatrro Mortgage Solutions	₹8.8 Lakhs to ₹11.2 Lakhs per year
Armstrong International	₹7.0 Lakhs to ₹10.0 Lakhs per year
Hem Securities	₹6.0 Lakhs to ₹8.5 Lakhs per year
Electronic Payment And Services	₹4.3 Lakhs to ₹8.5 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to India Ratings & Research in Mumbai?

The salary of a Assistant Manager at companies similar to India Ratings & Research in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karvy Financial Services	₹3.0 Lakhs to ₹7.1 Lakhs per year
Kifs Housing Finance	₹4.0 Lakhs to ₹4.5 Lakhs per year
Choice Equity Broking	₹3.5 Lakhs to ₹7.0 Lakhs per year
IndiaNivesh Securities	₹3.1 Lakhs to ₹4.4 Lakhs per year
Fortune Integrated Assets Finance	₹3.1 Lakhs to ₹3.6 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 Assistant Manager at India Ratings & Research in Mumbai?

The salary growth for a Assistant Manager at India Ratings & Research in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at India Ratings & Research:

Experience	Average Salary Range
2 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
3 years	₹4.0 Lakhs to ₹7.0 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
5 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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India Ratings & Research Assistant Manager Salaries in Mumbai

India Ratings & Research Assistant Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 India Ratings & Research latest salaries received from various employees of India Ratings & Research.