Indian Clearing Corporation Limited Associate Manager Salaries by 4 Employees (Updated 2025)

16 - 21 years exp.

₹9 Lakhs - ₹15.5 Lakhs

Salary of majority employees

29% less than the average Associate Manager Salary in Financial Services Companies for 16 - 21 years of experience

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Salaries in different departments

Finance & Accounting Associate Manager Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹15.5 L/yr
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BFSI, Investments & Trading Associate Manager Salary 21 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 3 Aug 2023

Companies similar to Indian Clearing Corporation Limited for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Bombay Stock Exchange Associate Manager Salary 7 - 16 years exp. (53 salaries)	₹7.8 L/yr - ₹14 L/yr 6% less
HDFC Bank Associate Manager Salary 0 - 8 years exp. (25 salaries)	₹2.5 L/yr - ₹6 L/yr 63% less
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ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 62% less
Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 65% less
State Bank of India Associate Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 4% less
Reliance Industries Associate Manager Salary 1 - 12 years exp. (25 salaries)	₹2.8 L/yr - ₹11.8 L/yr 31% less
Oremus Corporate Services Associate Manager Salary 2 - 9 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr 6% less

Associate Manager salary at Indian Clearing Corporation Limited ranges between ₹9 Lakhs to ₹15.5 Lakhs per year for employees with experience between 16 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Clearing Corporation Limited.

Experience wise Indian Clearing Corporation Limited Associate Manager salaries

Last Updated: 3 Aug 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹9 L/yr - ₹15.5 L/yr
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Similar Designation salaries in Indian Clearing Corporation Limited

Senior Associate Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for Indian Clearing Corporation Limited

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Main Office Mumbai

ICCL Department

5.0

• posted on 27 Mar 2021

5.0

for Salary and Benefits

Likes

...environment and culture. Teammates are supportive and management is transparent. Appraisals are fair and they give good salary hike and bonus every year

Dislikes

My process is handling settlement activity and since my team is in Mumbai and I m located in Chennai as my native is Chennai . It is difficult to connect vpn as the main server is in Mumbai

Internship Trainee in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

You'll definitely get to learn the basics, and your seniors will help you understand concepts only if you ask them or else they'll tell what is to be done how it's done.

Dislikes

Repeated work, nothing new to learn. Some people are only there to taunt. So set your boundaries. You are working for the company and and not for the employees present there. The heads are good and understanding

Deputy Manager in Dalal Street, Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing worth liking

Dislikes

Toxic Culture, Politics and Partiality, Poor Pay, Subjective Rating, Unprofessional and Irresponsible employees, Fear Management, Scam people into joining with fictitious incentives, HR head takes money under the table from her referrals and the referral incentive offered by the company, Corrupt to the core...

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Salary Discussions, Hike & Promotions

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Indian Clearing Corporation Limited Associate Manager Salary FAQs

What is the salary of Associate Manager at Indian Clearing Corporation Limited?

Associate Manager salary at Indian Clearing Corporation Limited in India ranges between ₹9.0 Lakhs to ₹15.5 Lakhs for experience between 16 years to 21 years. According to our estimates it is 29% less than the average Associate Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Clearing Corporation Limited India.

How does the salary of a Associate Manager at Indian Clearing Corporation Limited India compare with the average salary range for this job?

The average salary of a Associate Manager at Indian Clearing Corporation Limited is 29% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

What is the salary of a Associate Manager in companies similar to Indian Clearing Corporation Limited in India?

State Bank of India Associate Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Bombay Stock Exchange Associate Manager Salary - ₹7.8 Lakhs to ₹14.0 Lakhs per year
Oremus Corporate Services Associate Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
Reliance Industries Associate Manager Salary - ₹2.8 Lakhs to ₹11.8 Lakhs per year
ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year

What is the estimated take home salary of a Associate Manager at Indian Clearing Corporation Limited in India?

The estimated take-home salary of a Associate Manager at Indian Clearing Corporation Limited ranges between ₹78,310 per month to ₹80,345 per month in India. The take-home salary calculation is based on the average Indian Clearing Corporation Limited Associate Manager salary in India which ranges between ₹9.0 Lakhs to ₹15.5 Lakhs per year for employees with experience between 16 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at Indian Clearing Corporation Limited?

According to AmbitionBox, 100% of the Indian Clearing Corporation Limited Associate Managers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Indian Clearing Corporation Limited Associate Manager Salaries

Indian Clearing Corporation Limited Associate Manager salary in India ranges between ₹9 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Clearing Corporation Limited latest salaries received from various employees of Indian Clearing Corporation Limited.