JM Financial Sales Associate Salaries by 4 Employees

0 - 7 years exp.

₹4 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

72% more than the average Sales Associate Salary in Financial Services Companies for 0 - 7 years of experience

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Last Updated: 6 Jan 2024

Companies similar to JM Financial for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Sales Associate Salary 0 - 6 years exp. (82 salaries)	₹1.4 L/yr - ₹4 L/yr 49% less
Aditya Birla Capital Sales Associate Salary 1 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹3.4 L/yr 45% less
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Sharekhan Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr 41% less	1 job opening
Bajaj Capital Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 67% less	1 job opening
Muthoot Capital Services Sales Associate Salary 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹2.6 L/yr 54% less
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	₹6 L/yr - ₹6.4 L/yr 14% more
MSCI Sales Associate Salary 4 - 9 years exp. (3 salaries)	₹16 L/yr - ₹22 L/yr 228% more
Religare Sales Associate Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹4.2 L/yr 33% less

Sales Associate salary at JM Financial ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Sales Associate salaries

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr

View all

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Salary related reviews for JM Financial

Senior Software Developer in Mumbai

Full Time

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1.0

• posted on 05 Sep 2024

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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

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Senior Executive in Mumbai

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• posted on 12 Aug 2024

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...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

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Investment Banking Associate in Mumbai

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• posted on 03 Oct 2024

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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

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Associate in Mumbai

Full Time

Teaching & Training Department

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• posted on 10 Nov 2023

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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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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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JM Financial Sales Associate Salary FAQs

What is the salary of Sales Associate at JM Financial ?

The average salary of a Sales Associate at JM Financial in India typically ranges from ₹4.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Sales Associate at JM Financial earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Sales Associate 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 4 JM Financial employees in India.

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

The estimated take-home salary of a Sales Associate at JM Financial in India typically ranges from ₹41,480 to ₹42,624 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 4 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 Sales Associate in India?

MSCI	₹16.0 Lakhs to ₹22.0 Lakhs per year
Edelweiss	₹6.0 Lakhs to ₹6.4 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 Sales Associate in companies similar to JM Financial in India?

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

Religare	₹2.0 Lakhs to ₹4.2 Lakhs per year
Sharekhan	₹2.6 Lakhs to ₹3.7 Lakhs per year
Aditya Birla Capital	₹2.8 Lakhs to ₹3.4 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹4.0 Lakhs per year
Muthoot Capital Services	₹2.5 Lakhs to ₹2.6 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 Sales Associate at JM Financial in India?

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

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹5.0 Lakhs per year
1 year	₹3.9 Lakhs to ₹5.0 Lakhs per year
2 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years	₹4.0 Lakhs to ₹9.5 Lakhs per year

and so on.

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JM Financial Sales Associate Salaries

JM Financial Sales Associate salary in India ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JM Financial latest salaries received from various employees of JM Financial.