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

4 - 14 years exp.

₹6 Lakhs - ₹21.4 Lakhs

Salary of majority employees

Fixed (86%)

₹12.2 Lakhs

Variable (14%)

₹1.9 Lakh

50% more than the average Senior Associate Salary in Financial Services Companies for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 4 - 14 years exp. (39 salaries)	₹5.1 L/yr - ₹16 L/yr
Finance & Accounting Senior Associate Salary 4 - 13 years exp. (19 salaries)	₹7.1 L/yr - ₹21.7 L/yr
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Engineering - Software & QA Senior Associate Salary 6 - 14 years exp. (11 salaries)	₹10.1 L/yr - ₹18 L/yr
Customer Success, Service & Operations Senior Associate Salary 7 - 12 years exp. (7 salaries)	₹6 L/yr - ₹15.7 L/yr
Project & Program Management Senior Associate Salary 8 - 13 years exp. (6 salaries)	₹10.5 L/yr - ₹22 L/yr

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Last Updated: 26 Feb 2025

Companies similar to JM Financial for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹4 L/yr 80% less
ICICI Bank Senior Associate Salary 0 - 9 years exp. (535 salaries)	₹1.2 L/yr - ₹4 L/yr 81% less
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Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 76% less
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 60% less
Yes Bank Senior Associate Salary 2 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹4.3 L/yr 70% less
TCS Senior Associate Salary 0 - 13 years exp. (7.6k salaries)	₹1.4 L/yr - ₹8.1 L/yr 67% less
JPMorgan Chase & Co. Senior Associate Salary 4 - 18 years exp. (2.3k salaries)	₹13 L/yr - ₹52 L/yr 126% more	15 job openings
Infosys Senior Associate Salary 1 - 8 years exp. (1.2k salaries)	₹6 L/yr - ₹16 L/yr 32% less
MSCI Senior Associate Salary 6 - 13 years exp. (477 salaries)	₹16.2 L/yr - ₹59 L/yr 149% more	3 job openings
Wells Fargo Senior Associate Salary 3 - 11 years exp. (240 salaries)	₹5.6 L/yr - ₹17.3 L/yr 13% less
Reliance Industries Senior Associate Salary 2 - 7 years exp. (96 salaries)	₹1.3 L/yr - ₹8.7 L/yr 70% less
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ICICI Securities Senior Associate Salary 1 - 10 years exp. (46 salaries)	₹9.9 L/yr - ₹34.5 L/yr 44% more
Edelweiss Senior Associate Salary 2 - 8 years exp. (39 salaries)	₹14.9 L/yr - ₹28.6 L/yr 16% more
Empower Retirement Senior Associate Salary 3 - 8 years exp. (27 salaries)	₹4.1 L/yr - ₹7.2 L/yr 61% less
Bharti Airtel Senior Associate Salary 2 - 11 years exp. (25 salaries)	₹2.2 L/yr - ₹9.5 L/yr 66% less
Hindustan Unilever Senior Associate Salary 2 - 11 years exp. (14 salaries)	₹5.7 L/yr - ₹19 L/yr 7% less
ICE Data Services Senior Associate Salary 0 - 5 years exp. (7 salaries)	₹4.1 L/yr - ₹7 L/yr 58% less
Religare Senior Associate Salary 5 - 10 years exp. (6 salaries)	₹2.8 L/yr - ₹4.4 L/yr 74% less
Sharekhan Senior Associate Salary 7 - 19 years exp. (5 salaries)	₹12 L/yr - ₹26 L/yr 28% more
Bajaj Finserv Senior Associate Salary 2 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 78% less

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Senior Associate salary at JM Financial ranges between ₹6 Lakhs to ₹21.4 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 141 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Senior Associate salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
4 years (9 salaries)	₹10.3 L/yr - ₹30.6 L/yr
5 years (12 salaries)	₹7.4 L/yr - ₹27.5 L/yr
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6 years (22 salaries)	₹6.9 L/yr - ₹26.2 L/yr
7 years (21 salaries)	₹6.1 L/yr - ₹19.8 L/yr
8 years (14 salaries)	₹5.9 L/yr - ₹26 L/yr
9 years (15 salaries)	₹6.1 L/yr - ₹22 L/yr
10 years (17 salaries)	₹5.7 L/yr - ₹16.6 L/yr
11 years (7 salaries)	₹5.4 L/yr - ₹20.8 L/yr
12 years (7 salaries)	₹4.9 L/yr - ₹22.2 L/yr
13 years (11 salaries)	₹6 L/yr - ₹16 L/yr
14 years (6 salaries)	₹8 L/yr - ₹18 L/yr

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Salary related reviews for JM Financial

4.2

Rated by 26 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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JM Financial Senior Associate Salary FAQs

What is the salary of Senior Associate at JM Financial?

Senior Associate salary at JM Financial in India ranges between ₹6.0 Lakhs to ₹21.4 Lakhs for experience between 4 years to 14 years. According to our estimates it is 50% more than the average Senior Associate Salary in India. Salary estimates are based on 141 latest salaries received from various employees of JM Financial India.

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

The average salary of a Senior Associate at JM Financial is 50% more than the average salary of a Senior Associate in India. To know exact salary insights, login to view.

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

MSCI Senior Associate Salary - ₹16.2 Lakhs to ₹59.0 Lakhs per year
JPMorgan Chase & Co. Senior Associate Salary - ₹13.0 Lakhs to ₹52.0 Lakhs per year
ICICI Securities Senior Associate Salary - ₹9.9 Lakhs to ₹34.5 Lakhs per year
Sharekhan Senior Associate Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year
TSYS|Total System Services Senior Associate Salary - ₹16.0 Lakhs to ₹21.5 Lakhs per year

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

Edelweiss Senior Associate Salary - ₹14.9 Lakhs to ₹28.6 Lakhs per year
Hindustan Unilever Senior Associate Salary - ₹5.7 Lakhs to ₹19.0 Lakhs per year
Wells Fargo Senior Associate Salary - ₹5.6 Lakhs to ₹17.3 Lakhs per year
Infosys Senior Associate Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Geojit Financial Services Senior Associate Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at JM Financial ranges between ₹98,172 per month to ₹1,00,835 per month in India. The take-home salary calculation is based on the average JM Financial Senior Associate salary in India which ranges between ₹6.0 Lakhs to ₹21.4 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at JM Financial?

According to AmbitionBox, 58% of the JM Financial Senior Associates reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 76 responses on AmbitionBox in last 2 years.

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JM Financial Senior Associate Salaries

JM Financial Senior Associate salary in India ranges between ₹6 Lakhs to ₹21.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 141 JM Financial latest salaries received from various employees of JM Financial.