JM Financial Mumbai Manager Salaries by 30+ Employees (Updated 2025)

4 - 15 years exp.

₹4 Lakhs - ₹11.2 Lakhs

Salary of majority employees

52% less than the average Manager Salary in Financial Services Companies for 4 - 15 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 4 - 14 years exp. (15 salaries)	₹4 L/yr - ₹11.3 L/yr
BFSI, Investments & Trading Manager Salary 7 - 10 years exp. (6 salaries)	₹5.8 L/yr - ₹10 L/yr
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Data Science & Analytics Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹11.5 L/yr
Engineering - Software & QA Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹7.8 L/yr - ₹11 L/yr
Product Management Manager Salary 5 - 15 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10 L/yr

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Last Updated: 17 Mar 2025

Companies similar to JM Financial for Manager in Mumbai

JM Financial Manager Salary

4 - 15 years exp. (32 salaries)

₹4 L/yr - ₹11.2 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Manager Salary 6 - 17 years exp. (388 salaries)	₹7 L/yr - ₹25.5 L/yr 105% more	2 job openings
Edelweiss Manager Salary 3 - 14 years exp. (230 salaries)	₹6 L/yr - ₹21.9 L/yr 63% more
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Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (185 salaries)	₹4 L/yr - ₹15.5 L/yr 9% more
ICICI Securities Manager Salary 1 - 12 years exp. (127 salaries)	₹4.2 L/yr - ₹11.7 L/yr 9% less
Aditya Birla Capital Manager Salary 0 - 12 years exp. (95 salaries)	₹5.3 L/yr - ₹21.5 L/yr 64% more
Bajaj Finserv Manager Salary 1 - 10 years exp. (64 salaries)	₹3.5 L/yr - ₹10.9 L/yr 14% less
Reliance Capital Manager Salary 0 - 16 years exp. (28 salaries)	₹7 L/yr - ₹24 L/yr 96% more
Motilal Oswal Manager Salary 2 - 14 years exp. (26 salaries)	₹4.2 L/yr - ₹15.9 L/yr 21% more
Sharekhan Manager Salary 2 - 14 years exp. (22 salaries)	₹5 L/yr - ₹17 L/yr 31% more
Nippon Life India Asset Management Manager Salary 6 - 12 years exp. (17 salaries)	₹6.8 L/yr - ₹17 L/yr 69% more
Bajaj Capital Manager Salary 2 - 6 years exp. (12 salaries)	₹4 L/yr - ₹8.9 L/yr 7% less
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BASSEIN CATHOLIC CO-OP BANK Manager Salary 7 - 8 years exp. (6 salaries)	₹10 L/yr - ₹14 L/yr 40% more
Religare Manager Salary 6 - 10 years exp. (5 salaries)	₹7 L/yr - ₹9 L/yr 6% more
MSCI Manager Salary 8 - 15 years exp. (4 salaries)	₹15 L/yr - ₹31 L/yr 235% more

Manager salary at JM Financial ranges between ₹4 Lakhs to ₹11.2 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 32 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Manager salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹4.5 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10 L/yr
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6 years (3 salaries)	₹7 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹13.5 L/yr
8 years (4 salaries)	₹6 L/yr - ₹10 L/yr
9 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr
10 years (5 salaries)	₹4 L/yr - ₹11.5 L/yr
11 years (3 salaries)	₹7.5 L/yr - ₹11 L/yr
12 years (4 salaries)	₹5 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.5 L/yr
15+ years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.9 L/yr

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Similar Designation salaries in JM Financial

Senior Associate Salary

(100 salaries)

₹13.97 L/yr - ₹29.8 L/yr

Senior Analyst Salary

(28 salaries)

₹10 L/yr - ₹25.5 L/yr

Management Trainee Salary

(26 salaries)

₹3.6 L/yr - ₹8 L/yr

Associate Director Salary

(12 salaries)

₹24 L/yr - ₹52 L/yr

Deputy Manager Salary

(9 salaries)

₹4.75 L/yr - ₹8 L/yr

Top skills at JM Financial for Manager

HNI Acquisition Relationship Management mortgage Advisory Services Home Loans

Salary related reviews for JM Financial

4.7

Rated by 2 employees for salary & benefits

Management Trainee in Mumbai

Finance Department

5.0

• posted on 02 Apr 2018

4.0

for Salary and Benefits

Likes

Culture and their respect towards employees. The organization always treats employees as its family members. There are immense growth opportunities within the organization.

Salary - Good

+6 more

Dislikes

Fixed part of the salary is low.

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

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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JM Financial Manager Salary FAQs

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

The average salary of a Manager at JM Financial in Mumbai typically ranges from ₹4.0 Lakhs to ₹11.2 Lakhs per year, depending on experience (from 4 years to 15 years).

The top 10% of Manager in Mumbai at JM Financial earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. 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 30+ JM Financial employees in India.

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

The estimated take-home salary of a Manager at JM Financial in Mumbai typically ranges from ₹58,412 to ₹59,884 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from 4 years to 15 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 30+ 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 Manager at JM Financial in Mumbai?

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

- HNI Acquisition
- Relationship Management
- mortgage
- Advisory Services
- Home Loans

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 Manager in India?

MSCI	₹15.0 Lakhs to ₹31.0 Lakhs per year
JPMorgan Chase & Co.	₹7.0 Lakhs to ₹25.5 Lakhs per year
Reliance Capital	₹7.0 Lakhs to ₹24.0 Lakhs per year
Nippon Life India Asset Management	₹6.8 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Capital	₹5.3 Lakhs to ₹21.5 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 Manager in companies similar to JM Financial in Mumbai?

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

Edelweiss	₹6.0 Lakhs to ₹21.9 Lakhs per year
BASSEIN CATHOLIC CO-OP BANK	₹10.0 Lakhs to ₹14.0 Lakhs per year
Sharekhan	₹5.0 Lakhs to ₹17.0 Lakhs per year
Motilal Oswal	₹4.2 Lakhs to ₹15.9 Lakhs per year
Motilal Oswal Financial Services	₹4.0 Lakhs to ₹15.5 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 Manager at JM Financial in Mumbai?

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

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹11.0 Lakhs per year
5 years	₹4.5 Lakhs to ₹10.0 Lakhs per year
6 years	₹7.0 Lakhs to ₹8.3 Lakhs per year
7 years	₹4.9 Lakhs to ₹13.5 Lakhs per year

and so on.

Tell us how to improve this page.

JM Financial Manager salary in Mumbai ranges between ₹4 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 JM Financial latest salaries received from various employees of JM Financial.