JM Financial Senior Associate 1 Salaries by 4 Employees (Updated 2025)

6 - 15 years exp.

₹7.7 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Senior Associate 1 Salary in Financial Services Companies for 6 - 15 years of experience

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Salaries in different departments

Sales & Business Development Senior Associate 1 Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Senior Associate 1 Salary 10 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 6 Jan 2024

Companies similar to JM Financial for Senior Associate 1

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Associate 1 Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4.7 L/yr 64% less
HDFC Bank Senior Associate 1 Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹7.5 L/yr 43% less
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ICICI Bank Senior Associate 1 Salary 0 - 4 years exp. (19 salaries)	₹1.6 L/yr - ₹3.2 L/yr 73% less
Reliance Industries Senior Associate 1 Salary 5 - 7 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 62% less
TCS Senior Associate 1 Salary 3 - 10 years exp. (164 salaries)	₹2.2 L/yr - ₹7.5 L/yr 53% less
Infosys Senior Associate 1 Salary 2 - 8 years exp. (18 salaries)	₹6.2 L/yr - ₹19.7 L/yr 30% more
JPMorgan Chase & Co. Senior Associate 1 Salary 3 - 12 years exp. (26 salaries)	₹11.1 L/yr - ₹39.2 L/yr 163% more
MSCI Senior Associate 1 Salary 8 - 14 years exp. (7 salaries)	₹35 L/yr - ₹50 L/yr 380% more
Wells Fargo Senior Associate 1 Salary 4 - 6 years exp. (5 salaries)	₹5 L/yr - ₹9.4 L/yr 7% less

Senior Associate 1 salary at JM Financial ranges between ₹7.7 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Senior Associate 1 salaries

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
15+ years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr

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Salary related reviews for JM Financial

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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JM Financial Senior Associate 1 Salary FAQs

What is the salary of Senior Associate 1 at JM Financial?

Senior Associate 1 salary at JM Financial in India ranges between ₹7.7 Lakhs to ₹9.5 Lakhs for experience between 6 years to 15 years. According to our estimates it is 4% less than the average Senior Associate 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of JM Financial India.

How does the salary of a Senior Associate 1 at JM Financial India compare with the average salary range for this job?

The average salary of a Senior Associate 1 at JM Financial is 4% less than the average salary of a Senior Associate 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than JM Financial to a Senior Associate 1 in India?

MSCI Senior Associate 1 Salary - ₹35.0 Lakhs to ₹50.0 Lakhs per year
JPMorgan Chase & Co. Senior Associate 1 Salary - ₹11.1 Lakhs to ₹39.2 Lakhs per year
Infosys Senior Associate 1 Salary - ₹6.2 Lakhs to ₹19.7 Lakhs per year

What is the salary of a Senior Associate 1 in companies similar to JM Financial in India?

Wells Fargo Senior Associate 1 Salary - ₹5.0 Lakhs to ₹9.4 Lakhs per year
HDFC Bank Senior Associate 1 Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year
TCS Senior Associate 1 Salary - ₹2.2 Lakhs to ₹7.5 Lakhs per year
Reliance Industries Senior Associate 1 Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank Senior Associate 1 Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year

What is the estimated take home salary of a Senior Associate 1 at JM Financial in India?

The estimated take-home salary of a Senior Associate 1 at JM Financial ranges between ₹64,283 per month to ₹65,921 per month in India. The take-home salary calculation is based on the average JM Financial Senior Associate 1 salary in India which ranges between ₹7.7 Lakhs to ₹9.5 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate 1 at JM Financial?

According to AmbitionBox, 100% of the JM Financial Senior Associate 1s reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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JM Financial Senior Associate 1 Salaries

JM Financial Senior Associate 1 salary in India ranges between ₹7.7 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JM Financial latest salaries received from various employees of JM Financial.