JM Financial Mumbai Associate Manager Salaries by 7 Employees (Updated 2025)

2 - 13 years exp.

₹5.5 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

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.4 L/yr
Customer Success, Service & Operations Associate Manager Salary 13 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.8 L/yr
Login to view exact salary
Finance & Accounting Associate Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.9 L/yr
Marketing & Communication Associate Manager Salary 2 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.3 L/yr

Last Updated: 9 Dec 2023

Companies similar to JM Financial for Associate Manager in Mumbai

JM Financial Associate Manager Salary

2 - 13 years exp. (7 salaries)

₹5.5 L/yr - ₹9 L/yr

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 11% more
Edelweiss Associate Manager Salary 1 - 10 years exp. (10 salaries)	₹4 L/yr - ₹12 L/yr 14% more
Login to view exact salary
Kotak Mahindra Bank Associate Manager Salary 1 - 5 years exp. (13 salaries)	₹3 L/yr - ₹3.7 L/yr 50% less
HDFC Bank Associate Manager Salary 1 - 6 years exp. (7 salaries)	₹3.2 L/yr - ₹5 L/yr 38% less
ICICI Bank Associate Manager Salary 0 - 6 years exp. (8 salaries)	₹2.2 L/yr - ₹4 L/yr 41% less
Reliance Industries Associate Manager Salary 1 - 7 years exp. (8 salaries)	₹4.3 L/yr - ₹16 L/yr 37% more
TCS Associate Manager Salary 8 - 13 years exp. (18 salaries)	₹9.7 L/yr - ₹25.2 L/yr 116% more
Infosys Associate Manager Salary 2 - 7 years exp. (6 salaries)	₹12 L/yr - ₹22 L/yr 125% more
JPMorgan Chase & Co. Associate Manager Salary 6 - 16 years exp. (293 salaries)	₹8.7 L/yr - ₹25.3 L/yr 152% more
MSCI Associate Manager Salary 7 - 11 years exp. (5 salaries)	₹9.5 L/yr - ₹15 L/yr 83% more

Associate Manager salary at JM Financial ranges between ₹5.5 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Associate Manager salaries in Mumbai

Last Updated: 9 Dec 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.3 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.8 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr

View all

Similar Designation salaries in JM Financial

Senior Associate Salary

(102 salaries)

₹6.51 L/yr - ₹24.6 L/yr

Team Lead Salary

(14 salaries)

₹6 L/yr - ₹13 L/yr

Senior Consultant Salary

(14 salaries)

₹5.1 L/yr - ₹8 L/yr

Test Lead Salary

(4 salaries)

₹15 L/yr - ₹21 L/yr

Project Lead Salary

(4 salaries)

₹15.4 L/yr - ₹17 L/yr

Software Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹6.48 L/yr

Salary related reviews for JM Financial

3.7

Rated by 2 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.

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

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

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

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.

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

Got a question about JM Financial?

Ask anonymously on communities.

JM Financial Associate Manager Salary FAQs

What is the salary of Associate Manager at JM Financial Mumbai?

Associate Manager salary at JM Financial in Mumbai ranges between ₹5.5 Lakhs to ₹9.0 Lakhs for experience between 2 years to 13 years. According to our estimates it is 60% less than the average Associate Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of JM Financial Mumbai.

How does the salary of a Associate Manager at JM Financial Mumbai compare with the average salary range for this job?

The average salary of a Associate Manager at JM Financial is 60% less than the average salary of a Associate Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than JM Financial to a Associate Manager in Mumbai?

JPMorgan Chase & Co. Associate Manager Salary - ₹8.7 Lakhs to ₹25.3 Lakhs per year
Infosys Associate Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
TCS Associate Manager Salary - ₹9.7 Lakhs to ₹25.2 Lakhs per year
MSCI Associate Manager Salary - ₹9.5 Lakhs to ₹15.0 Lakhs per year
Reliance Industries Associate Manager Salary - ₹4.3 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Associate Manager in companies similar to JM Financial in Mumbai?

Edelweiss Associate Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services Associate Manager Salary - ₹3.9 Lakhs to ₹12.5 Lakhs per year
HDFC Bank Associate Manager Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank Associate Manager Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year

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

The estimated take-home salary of a Associate Manager at JM Financial ranges between ₹50,620 per month to ₹51,814 per month in Mumbai. The take-home salary calculation is based on the average JM Financial Associate Manager salary in India which ranges between ₹5.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at JM Financial in Mumbai?

According to AmbitionBox, 60% of the JM Financial Associate Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
JM Financial Salaries >
JM Financial Associate Manager Salaries >
JM Financial Associate Manager Salaries in Mumbai

JM Financial Associate Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 JM Financial latest salaries received from various employees of JM Financial.