JM Financial Mumbai Associate Salaries by 100+ Employees (Updated 2025)

0 - 14 years exp.

₹3.6 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Associate Salary in Financial Services Companies for 0 - 14 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 10 years exp. (33 salaries)	₹3.6 L/yr - ₹13.8 L/yr
BFSI, Investments & Trading Associate Salary 1 - 14 years exp. (31 salaries)	₹3.9 L/yr - ₹14 L/yr
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Engineering - Software & QA Associate Salary 4 - 14 years exp. (22 salaries)	₹7.4 L/yr - ₹12 L/yr
Customer Success, Service & Operations Associate Salary 4 - 12 years exp. (13 salaries)	₹4 L/yr - ₹8 L/yr
Data Science & Analytics Associate Salary 4 - 10 years exp. (8 salaries)	₹6.8 L/yr - ₹13 L/yr

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Last Updated: 15 Feb 2025

Companies similar to JM Financial for Associate in Mumbai

JM Financial Associate Salary

0 - 14 years exp. (148 salaries)

₹3.6 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (344 salaries)	₹1.2 L/yr - ₹4.2 L/yr 70% less
ICICI Bank Associate Salary 0 - 5 years exp. (26 salaries)	₹1.4 L/yr - ₹4.9 L/yr 65% less
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Axis Bank Associate Salary 0 - 8 years exp. (17 salaries)	₹2.1 L/yr - ₹5 L/yr 58% less
HDFC Bank Associate Salary 0 - 6 years exp. (21 salaries)	₹1.9 L/yr - ₹7.8 L/yr 62% less
Yes Bank Associate Salary 1 - 8 years exp. (9 salaries)	₹2.5 L/yr - ₹4.9 L/yr 60% less
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (3k salaries)	₹10 L/yr - ₹35.5 L/yr 159% more	63 job openings
TCS Associate Salary 0 - 9 years exp. (710 salaries)	₹1 L/yr - ₹6 L/yr 56% less
MSCI Associate Salary 3 - 9 years exp. (295 salaries)	₹8.5 L/yr - ₹32.3 L/yr 144% more	1 job opening
Edelweiss Associate Salary 0 - 7 years exp. (259 salaries)	₹3 L/yr - ₹12 L/yr 15% less
ICICI Securities Associate Salary 1 - 15 years exp. (25 salaries)	₹5 L/yr - ₹20.3 L/yr 38% more
Reliance Industries Associate Salary 0 - 8 years exp. (20 salaries)	₹1.8 L/yr - ₹6 L/yr 59% less
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Aditya Birla Capital Associate Salary 0 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹6 L/yr 55% less
Motilal Oswal Financial Services Associate Salary 0 - 4 years exp. (9 salaries)	₹2.5 L/yr - ₹3.7 L/yr 58% less
Hindustan Unilever Associate Salary 1 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹4.6 L/yr 47% less
Bajaj Finserv Associate Salary 1 year exp. (4 salaries)	₹1.2 L/yr - ₹2.7 L/yr 71% less
Sharekhan Associate Salary 0 - 7 years exp. (3 salaries)	₹6.7 L/yr - ₹10 L/yr 1% more
Bharti Airtel Associate Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.9 L/yr 68% less
Motilal Oswal Associate Salary 1 - 7 years exp. (3 salaries)	₹5 L/yr - ₹40 L/yr 142% more

Associate salary at JM Financial ranges between ₹3.6 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 148 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Associate salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹16.7 L/yr
1 year (5 salaries)	₹4.2 L/yr - ₹13.8 L/yr
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2 years (8 salaries)	₹6 L/yr - ₹15.5 L/yr
3 years (9 salaries)	₹4 L/yr - ₹11.5 L/yr
4 years (26 salaries)	₹3.9 L/yr - ₹15.8 L/yr
5 years (24 salaries)	₹4.3 L/yr - ₹12.4 L/yr
6 years (19 salaries)	₹4 L/yr - ₹13 L/yr
7 years (16 salaries)	₹3.6 L/yr - ₹15.1 L/yr
8 years (9 salaries)	₹5 L/yr - ₹12 L/yr
9 years (11 salaries)	₹5 L/yr - ₹14.5 L/yr
10 years (12 salaries)	₹4.5 L/yr - ₹9.5 L/yr
11 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
12 years (3 salaries)	₹5.5 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.8 L/yr
14 years (3 salaries)	₹6 L/yr - ₹7.6 L/yr

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Similar Designation salaries in JM Financial

Senior Associate Salary

(96 salaries)

₹6.53 L/yr - ₹23.81 L/yr

Senior Consultant Salary

(14 salaries)

₹5.1 L/yr - ₹8 L/yr

Team Lead Salary

(10 salaries)

₹6 L/yr - ₹13 L/yr

Top skills at JM Financial for Associate

Insurance Fixed Deposits Mutual Funds Quality Check Advertising

Salary related reviews for JM Financial

3.4

Rated by 15 employees for salary & benefits

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

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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JM Financial Associate Salary FAQs

What is the salary of Associate at JM Financial Mumbai?

Associate salary at JM Financial in Mumbai ranges between ₹3.6 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 14 years. According to our estimates it is 4% more than the average Associate Salary in India. Salary estimates are based on 148 latest salaries received from various employees of JM Financial Mumbai.

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

The average salary of a Associate at JM Financial is 4% more than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at JM Financial?

Insurance, Fixed Deposits, Mutual Funds, Quality Check and Advertising are some of the popular skills required to work as a Associate at JM Financial Mumbai.

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

JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹35.5 Lakhs per year
MSCI Associate Salary - ₹8.5 Lakhs to ₹32.3 Lakhs per year
Motilal Oswal Associate Salary - ₹5.0 Lakhs to ₹40.0 Lakhs per year
ICICI Securities Associate Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
Sharekhan Associate Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year

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

Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Hindustan Unilever Associate Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
Aditya Birla Capital Associate Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year
TCS Associate Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate at JM Financial ranges between ₹61,565 per month to ₹63,126 per month in Mumbai. The take-home salary calculation is based on the average JM Financial Associate salary in India which ranges between ₹3.6 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 68% of the JM Financial Associates in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 66 responses on AmbitionBox in last 2 years.

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JM Financial Associate Salaries in Mumbai

JM Financial Associate salary in Mumbai ranges between ₹3.6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 148 JM Financial latest salaries received from various employees of JM Financial.