JM Financial Assistant Manager Salaries by 40+ Employees (Updated 2025)

2 - 11 years exp.

₹4 Lakhs - ₹11.8 Lakhs

Salary of majority employees

Fixed (83%)

₹5.5 Lakhs

Variable (17%)

₹1.1 Lakh

22% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 11 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 4 - 11 years exp. (11 salaries)	₹5.3 L/yr - ₹12 L/yr
BFSI, Investments & Trading Assistant Manager Salary 4 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹10.2 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr
Engineering - Software & QA Assistant Manager Salary 2 - 6 years exp. (3 salaries)	₹5.3 L/yr - ₹7.3 L/yr
UX, Design & Architecture Assistant Manager Salary 2 - 7 years exp. (3 salaries)	₹6.2 L/yr - ₹7 L/yr

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Last Updated: 15 Mar 2025

Companies similar to JM Financial for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Assistant Manager Salary 1 - 12 years exp. (865 salaries)	₹2 L/yr - ₹8.5 L/yr 18% less
Edelweiss Assistant Manager Salary 0 - 9 years exp. (359 salaries)	₹3.5 L/yr - ₹14.8 L/yr 27% more
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Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.6k salaries)	₹1 L/yr - ₹5 L/yr 47% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	₹1.7 L/yr - ₹7.3 L/yr 42% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.1k salaries)	₹1.8 L/yr - ₹6 L/yr 39% less
Reliance Industries Assistant Manager Salary 0 - 17 years exp. (2.7k salaries)	₹1.8 L/yr - ₹10 L/yr 8% less
TCS Assistant Manager Salary 4 - 20 years exp. (6.6k salaries)	₹6 L/yr - ₹17 L/yr 59% more
Infosys Assistant Manager Salary 7 - 17 years exp. (494 salaries)	₹4.2 L/yr - ₹16 L/yr 36% more
Hindustan Unilever Assistant Manager Salary 2 - 18 years exp. (757 salaries)	₹8.9 L/yr - ₹30 L/yr 234% more
Bharti Airtel Assistant Manager Salary 0 - 17 years exp. (1.9k salaries)	₹3 L/yr - ₹13.1 L/yr 14% more	1 job opening
Bajaj Finserv Assistant Manager Salary 0 - 9 years exp. (1.3k salaries)	₹1.8 L/yr - ₹6.7 L/yr 34% less
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ICICI Securities Assistant Manager Salary 0 - 8 years exp. (676 salaries)	₹2.6 L/yr - ₹7 L/yr 30% less
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (257 salaries)	₹2.5 L/yr - ₹8 L/yr 30% less
Sharekhan Assistant Manager Salary 2 - 12 years exp. (123 salaries)	₹2.4 L/yr - ₹8.1 L/yr 20% less
Wells Fargo Assistant Manager Salary 7 - 15 years exp. (133 salaries)	₹7 L/yr - ₹22.7 L/yr 101% more
Srei Equipment Finance Assistant Manager Salary 7 - 17 years exp. (82 salaries)	₹2.7 L/yr - ₹7 L/yr 27% less
Bajaj Capital Assistant Manager Salary 0 - 11 years exp. (99 salaries)	₹1.8 L/yr - ₹7.9 L/yr 28% less	1 job opening
JPMorgan Chase & Co. Assistant Manager Salary 6 - 14 years exp. (84 salaries)	₹6.3 L/yr - ₹26.6 L/yr 136% more
Motilal Oswal Assistant Manager Salary 0 - 11 years exp. (80 salaries)	₹2.7 L/yr - ₹9 L/yr 29% less
Nippon Life India Asset Management Assistant Manager Salary 3 - 9 years exp. (53 salaries)	₹3.7 L/yr - ₹8 L/yr 6% less

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Assistant Manager salary at JM Financial ranges between ₹4 Lakhs to ₹11.8 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 41 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Assistant Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹5 L/yr - ₹7 L/yr
3 years (4 salaries)	₹5 L/yr - ₹10 L/yr
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4 years (5 salaries)	₹5 L/yr - ₹10.5 L/yr
5 years (6 salaries)	₹4 L/yr - ₹11.5 L/yr
6 years (4 salaries)	₹5.3 L/yr - ₹9 L/yr
7 years (5 salaries)	₹6.3 L/yr - ₹11.8 L/yr
8 years (5 salaries)	₹4.4 L/yr - ₹10.3 L/yr
9 years (3 salaries)	₹6.8 L/yr - ₹10.2 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.5 L/yr
11 years (3 salaries)	₹5.9 L/yr - ₹10.2 L/yr

View all

Similar Designation salaries in JM Financial

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Operations Manager Salary

(9 salaries)

₹4.5 L/yr - ₹10.3 L/yr

Team Manager Salary

(4 salaries)

₹5.92 L/yr - ₹11.25 L/yr

Branch Manager Salary

(10 salaries)

₹5 L/yr - ₹9.61 L/yr

Deputy Manager Salary

(15 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Sales Manager Salary

(55 salaries)

₹3 L/yr - ₹7 L/yr

Relationship Manager Salary

(28 salaries)

₹2.3 L/yr - ₹5.5 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Team Lead Salary

(19 salaries)

₹6 L/yr - ₹15.25 L/yr

Senior Associate Salary

(156 salaries)

₹11.46 L/yr - ₹22.91 L/yr

Top skills at JM Financial for Assistant Manager

Corporate Law Excel Contract Management Database Testing Regulatory Compliance

Salary related reviews for JM Financial

3.8

Rated by 7 employees for salary & benefits

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

Skill development - Bad

+4 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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JM Financial Assistant Manager Salary FAQs

What is the salary of Assistant Manager at JM Financial ?

The average salary of a Assistant Manager at JM Financial in India typically ranges from ₹4.0 Lakhs to ₹11.8 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Assistant Manager at JM Financial earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Assistant Manager Salaries at JM Financial 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+ JM Financial employees in India.

What is the estimated take home salary of a Assistant Manager at JM Financial in India?

The estimated take-home salary of a Assistant Manager at JM Financial in India typically ranges from ₹50,516 to ₹51,708 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from 2 years to 11 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 JM Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at JM Financial ?

To be a Assistant Manager at JM Financial in india, the key skills required include:

- Corporate Law
- Excel
- Contract Management
- Database Testing
- Regulatory Compliance

These skills are highly valued at JM Financial and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than JM Financial for Assistant Manager in India?

Hindustan Unilever	₹8.9 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹6.3 Lakhs to ₹26.6 Lakhs per year
Empower Retirement	₹8.5 Lakhs to ₹18.2 Lakhs per year
Wells Fargo	₹7.0 Lakhs to ₹22.7 Lakhs per year
Envestnet Asset Management	₹10.0 Lakhs to ₹20.8 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to JM Financial in India?

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

Equiniti	₹8.4 Lakhs to ₹15.5 Lakhs per year
TCS	₹6.0 Lakhs to ₹17.0 Lakhs per year
Infosys	₹4.2 Lakhs to ₹16.0 Lakhs per year
Edelweiss	₹3.5 Lakhs to ₹14.8 Lakhs per year
Bharti Airtel	₹3.0 Lakhs to ₹13.1 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 JM Financial in India?

The salary growth for a Assistant Manager at JM Financial depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at JM Financial:

Experience	Average Salary Range
2 years	₹5.0 Lakhs to ₹7.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹10.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹10.5 Lakhs per year
5 years	₹4.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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JM Financial Assistant Manager Salaries

JM Financial Assistant Manager salary in India ranges between ₹4 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 JM Financial latest salaries received from various employees of JM Financial.