JM Financial Associate Manager Salaries by 10+ Employees

2 - 13 years exp.

₹4.8 Lakhs - ₹9 Lakhs

Salary of majority employees

60% less than the average Associate Manager Salary in Financial Services Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 4 - 7 years exp. (4 salaries)	₹5 L/yr - ₹7.5 L/yr
Marketing & Communication Associate Manager Salary 2 - 6 years exp. (3 salaries)	₹5.8 L/yr - ₹6.9 L/yr
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Customer Success, Service & Operations Associate Manager Salary 8 - 13 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.4 L/yr
Finance & Accounting Associate Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr

Last Updated: 2 Oct 2024

Companies similar to JM Financial for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Associate Manager Salary 0 - 14 years exp. (4 salaries)	₹3.9 L/yr - ₹12.5 L/yr 18% more
Edelweiss Associate Manager Salary 1 - 16 years exp. (10 salaries)	₹5 L/yr - ₹12 L/yr 17% more
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Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (76 salaries)	₹1.4 L/yr - ₹5 L/yr 48% less
HDFC Bank Associate Manager Salary 0 - 11 years exp. (29 salaries)	₹2.5 L/yr - ₹6 L/yr 33% less
ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 35% less
Reliance Industries Associate Manager Salary 1 - 11 years exp. (28 salaries)	₹2.8 L/yr - ₹12.7 L/yr 22% more
TCS Associate Manager Salary 8 - 17 years exp. (149 salaries)	₹7.5 L/yr - ₹30 L/yr 188% more
Infosys Associate Manager Salary 3 - 12 years exp. (150 salaries)	₹6.4 L/yr - ₹21.8 L/yr 139% more
Hindustan Unilever Associate Manager Salary 4 - 13 years exp. (4 salaries)	₹9.1 L/yr - ₹19 L/yr 99% more
Bharti Airtel Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹5.2 L/yr - ₹7 L/yr At par
JPMorgan Chase & Co. Associate Manager Salary 6 - 16 years exp. (705 salaries)	₹9.3 L/yr - ₹28 L/yr 179% more
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Wells Fargo Associate Manager Salary 7 - 18 years exp. (122 salaries)	₹8 L/yr - ₹32.5 L/yr 210% more	3 job openings
Envestnet Asset Management Associate Manager Salary 13 - 18 years exp. (8 salaries)	₹7.2 L/yr - ₹27 L/yr 154% more
Bajaj Finserv Associate Manager Salary 1 - 5 years exp. (11 salaries)	₹2.4 L/yr - ₹8.4 L/yr 17% less
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹8.5 L/yr 2% less
MSCI Associate Manager Salary 7 - 11 years exp. (5 salaries)	₹9.5 L/yr - ₹21 L/yr 143% more
ICICI Securities Associate Manager Salary 5 - 8 years exp. (5 salaries)	₹4.7 L/yr - ₹5 L/yr 22% less

Associate Manager salary at JM Financial ranges between ₹4.8 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 14 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Associate Manager salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.5 L/yr
5 years (4 salaries)	₹5 L/yr - ₹11.5 L/yr
6 years (3 salaries)	₹5 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.8 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

View all

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Associate Consultant Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Project Lead Salary

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₹15.4 L/yr - ₹17 L/yr

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₹4.5 L/yr - ₹11 L/yr

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₹15 L/yr - ₹21 L/yr

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₹9.5 L/yr - ₹12.1 L/yr

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Senior Associate Salary

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Salary related reviews for JM Financial

3.3

Rated by 6 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 Associate Manager Salary FAQs

What is the salary of Associate Manager at JM Financial ?

The average salary of a Associate Manager at JM Financial in India typically ranges from ₹4.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Associate Manager at JM Financial earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Associate 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 10+ JM Financial employees in India.

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

The estimated take-home salary of a Associate Manager at JM Financial in India typically ranges from ₹47,225 to ₹48,344 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 JM Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Wells Fargo	₹8.0 Lakhs to ₹32.5 Lakhs per year
TCS	₹7.5 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹9.3 Lakhs to ₹28.0 Lakhs per year
Envestnet Asset Management	₹7.2 Lakhs to ₹27.0 Lakhs per year
MSCI	₹9.5 Lakhs to ₹21.0 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 Associate Manager in companies similar to JM Financial in India?

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

Infosys	₹6.4 Lakhs to ₹21.8 Lakhs per year
Hindustan Unilever	₹9.1 Lakhs to ₹19.0 Lakhs per year
Reliance Industries	₹2.8 Lakhs to ₹12.7 Lakhs per year
Motilal Oswal Financial Services	₹3.9 Lakhs to ₹12.5 Lakhs per year
Edelweiss	₹5.0 Lakhs to ₹12.0 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 Associate Manager at JM Financial in India?

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

Experience	Average Salary Range
2 years	₹6.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
4 years	₹2.6 Lakhs to ₹7.5 Lakhs per year
5 years	₹5.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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JM Financial Associate Manager Salaries

JM Financial Associate Manager salary in India ranges between ₹4.8 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 JM Financial latest salaries received from various employees of JM Financial.