JM Financial State Head Salaries by 5 Employees (Updated 2025)

13 - 22 years exp.

₹16.3 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

10% more than the average State Head Salary in Financial Services Companies for 13 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 20 - 22 years exp. (3 salaries)	₹18 L/yr - ₹19 L/yr
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Finance & Accounting State Head Salary 13 years exp. (AmbitionBox Estimate)	₹14.6 L/yr - ₹17.9 L/yr

Last Updated: 4 Jan 2025

Companies similar to JM Financial for State Head

Company name	Avg Annual Salary	Open Jobs
ICICI Securities State Head Salary 11 - 18 years exp. (14 salaries)	₹11.9 L/yr - ₹17 L/yr 12% less
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹10 L/yr - ₹18 L/yr 27% less
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Edelweiss State Head Salary 15 - 17 years exp. (4 salaries)	₹10.3 L/yr - ₹13 L/yr 32% less
Srei Equipment Finance State Head Salary 16 - 20 years exp. (4 salaries)	₹11 L/yr - ₹13.4 L/yr 35% less
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 33% less
Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 10% less
Muthoot Capital Services State Head Salary 20 - 24 years exp. (3 salaries)	₹10 L/yr - ₹11.5 L/yr 37% less
Motilal Oswal State Head Salary 16 - 20 years exp. (3 salaries)	₹26 L/yr - ₹27 L/yr 53% more

State Head salary at JM Financial ranges between ₹16.3 Lakhs to ₹19 Lakhs per year for employees with experience between 13 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of JM Financial.

Experience wise JM Financial State Head salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
14 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
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15+ years (4 salaries)	₹7.1 L/yr - ₹19 L/yr

Similar Designation salaries in JM Financial

Team Lead Salary

(19 salaries)

₹6 L/yr - ₹15.25 L/yr

Sales Manager Salary

(55 salaries)

₹3 L/yr - ₹7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Sales Executive Salary

(27 salaries)

₹2.4 L/yr - ₹5.4 L/yr

Branch Manager Salary

(10 salaries)

₹5 L/yr - ₹9.61 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Cluster Manager Salary

(8 salaries)

₹8.65 L/yr - ₹15 L/yr

Deputy Manager Salary

(15 salaries)

₹4.75 L/yr - ₹9.3 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Area Sales Manager Salary

(14 salaries)

₹5.25 L/yr - ₹14 L/yr

Top skills at JM Financial for State Head

Team Handling Home Loans Team Management Team Leading housing loan hl housing finance home finance

Salary related reviews for JM Financial

5.0

Rated by 2 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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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JM Financial State Head Salary FAQs

What is the salary of State Head at JM Financial ?

The average salary of a State Head at JM Financial in India typically ranges from ₹16.3 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 13 years to 22 years).

The top 10% of State Head at JM Financial earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. State Head 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 5 JM Financial employees in India.

What is the estimated take home salary of a State Head at JM Financial in India?

The estimated take-home salary of a State Head at JM Financial in India typically ranges from ₹1,17,853 to ₹1,21,152 per month. This is based on the average salary range of ₹16.3 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 13 years to 22 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 5 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 State Head at JM Financial ?

To be a State Head at JM Financial in india, the key skills required include:

- Team Handling
- Home Loans
- Team Management
- Team Leading
- housing loan

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 State Head in India?

Motilal Oswal

₹26.0 Lakhs to ₹27.0 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 State Head in companies similar to JM Financial in India?

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

Motilal Oswal Financial Services	₹7.2 Lakhs to ₹22.0 Lakhs per year
ICICI Securities	₹11.9 Lakhs to ₹17.0 Lakhs per year
Bajaj Finserv	₹10.0 Lakhs to ₹18.0 Lakhs per year
Edelweiss	₹10.3 Lakhs to ₹13.0 Lakhs per year
Aditya Birla Capital	₹6.0 Lakhs to ₹19.0 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 State Head at JM Financial in India?

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

Experience	Average Salary Range
13 years	₹14.6 Lakhs to ₹18.7 Lakhs per year
14 years	₹14.9 Lakhs to ₹19.0 Lakhs per year
15 years	₹7.1 Lakhs to ₹19.0 Lakhs per year

and so on.

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JM Financial State Head Salaries

JM Financial State Head salary in India ranges between ₹16.3 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 JM Financial latest salaries received from various employees of JM Financial.