JM Financial Sourcing Manager Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹3.6 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

68% less than the average Sourcing Manager Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Consulting Sourcing Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Sales & Business Development Sourcing Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 9 Jul 2023

Companies similar to JM Financial for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sourcing Manager Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹11 L/yr 21% more
ICICI Bank Sourcing Manager Salary 0 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹16 L/yr 118% more
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Reliance Industries Sourcing Manager Salary 4 - 6 years exp. (3 salaries)	₹8 L/yr - ₹14.2 L/yr 205% more
TCS Sourcing Manager Salary 9 - 18 years exp. (12 salaries)	₹8.7 L/yr - ₹26 L/yr 309% more
Infosys Sourcing Manager Salary 7 - 12 years exp. (5 salaries)	₹14 L/yr - ₹15.2 L/yr 260% more
Hindustan Unilever Sourcing Manager Salary 14 - 16 years exp. (3 salaries)	₹18 L/yr - ₹25 L/yr 413% more
Bharti Airtel Sourcing Manager Salary 7 - 15 years exp. (10 salaries)	₹13 L/yr - ₹20.7 L/yr 387% more
JPMorgan Chase & Co. Sourcing Manager Salary 6 - 15 years exp. (20 salaries)	₹9 L/yr - ₹23.9 L/yr 228% more

Sourcing Manager salary at JM Financial ranges between ₹3.6 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Sourcing Manager salaries

Last Updated: 9 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.4 L/yr
3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

Similar Designation salaries in JM Financial

Operations Manager Salary

(7 salaries)

₹4.5 L/yr - ₹8.5 L/yr

Deputy Manager Salary

(15 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹24 L/yr - ₹30.7 L/yr

Team Lead Salary

(19 salaries)

₹6 L/yr - ₹15.25 L/yr

Assistant General Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

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.

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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2w (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 Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at JM Financial?

Sourcing Manager salary at JM Financial in India ranges between ₹3.6 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 68% less than the average Sourcing Manager 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 Sourcing Manager at JM Financial India compare with the average salary range for this job?

The average salary of a Sourcing Manager at JM Financial is 68% less than the average salary of a Sourcing Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than JM Financial to a Sourcing Manager in India?

Hindustan Unilever Sourcing Manager Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Bharti Airtel Sourcing Manager Salary - ₹13.0 Lakhs to ₹20.7 Lakhs per year
TCS Sourcing Manager Salary - ₹8.7 Lakhs to ₹26.0 Lakhs per year
Infosys Sourcing Manager Salary - ₹14.0 Lakhs to ₹15.2 Lakhs per year
JPMorgan Chase & Co. Sourcing Manager Salary - ₹9.0 Lakhs to ₹23.9 Lakhs per year

What is the salary of a Sourcing Manager in companies similar to JM Financial in India?

Reliance Industries Sourcing Manager Salary - ₹8.0 Lakhs to ₹14.2 Lakhs per year
ICICI Bank Sourcing Manager Salary - ₹2.9 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Sourcing Manager Salary - ₹1.8 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Sourcing Manager at JM Financial ranges between ₹30,498 per month to ₹31,805 per month in India. The take-home salary calculation is based on the average JM Financial Sourcing Manager salary in India which ranges between ₹3.6 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Sourcing Manager at JM Financial?

According to AmbitionBox, 100% of the JM Financial Sourcing Managers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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JM Financial Sourcing Manager Salaries

JM Financial Sourcing Manager salary in India ranges between ₹3.6 Lakhs to ₹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.