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JPMorgan Chase & Co. Associate salaries in Mumbai (Updated 2025)

Annual salary range
1 - 17 years exp.
₹10 Lakhs - ₹36 Lakhs
Salary of majority employees
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200% more than the average Associate Salary in Financial Services Companies for 1 - 17 years of experience

Interested in this particular role? 60 job openings

Salaries in different departments

Engineering - Software & QA
Associate Salary
2 - 17 years exp. (917 salaries)
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₹12.1 L/yr - ₹43 L/yr

Finance & Accounting
Associate Salary
2 - 16 years exp. (555 salaries)
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₹10.3 L/yr - ₹34 L/yr

BFSI, Investments & Trading
Associate Salary
1 - 17 years exp. (394 salaries)
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₹9.8 L/yr - ₹41 L/yr

Data Science & Analytics
Associate Salary
1 - 16 years exp. (230 salaries)
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₹10.4 L/yr - ₹40 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 17 years exp. (125 salaries)
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₹8.8 L/yr - ₹24.3 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to JPMorgan Chase & Co. for Associate in Mumbai

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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (3k salaries)

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₹10 L/yr - ₹36 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Goldman Sachs Associate Salary

2 - 9 years exp. (43 salaries)

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₹10 L/yr - ₹38.8 L/yr

arrow icon 6% less
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Bank of America Associate Salary

2 - 11 years exp. (53 salaries)

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₹16.7 L/yr - ₹47.4 L/yr

arrow icon 11% more
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Morgan Stanley Associate Salary

0 - 11 years exp. (2.1k salaries)

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₹5 L/yr - ₹21 L/yr

arrow icon 50% less
1 job opening
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Barclays Associate Salary

2 - 8 years exp. (12 salaries)

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₹7.2 L/yr - ₹23 L/yr

arrow icon 28% less
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HSBC Group Associate Salary

1 - 6 years exp. (11 salaries)

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₹7.5 L/yr - ₹15.5 L/yr

arrow icon 59% less
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Standard Chartered Associate Salary

1 - 13 years exp. (59 salaries)

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₹10.1 L/yr - ₹34.6 L/yr

arrow icon 16% less
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Deutsche Bank Associate Salary

2 - 15 years exp. (1k salaries)

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₹9.9 L/yr - ₹33 L/yr

arrow icon 15% less
39 job openings
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BNP Paribas Associate Salary

0 - 5 years exp. (293 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 79% less
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State Street Corporation Associate Salary

0 - 6 years exp. (173 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 85% less
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Marsh McLennan Associate Salary

0 - 6 years exp. (153 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 88% less
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Citicorp Associate Salary

0 - 10 years exp. (90 salaries)

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₹8 L/yr - ₹26 L/yr

arrow icon 37% less
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Ocwen Financial Solutions Associate Salary

1 - 7 years exp. (51 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 83% less
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Bnp Paribas Securities Associate Salary

0 - 4 years exp. (36 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 85% less
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UBS Associate Salary

1 - 10 years exp. (32 salaries)

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₹6.7 L/yr - ₹25.7 L/yr

arrow icon 40% less
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BNY Associate Salary

2 - 10 years exp. (25 salaries)

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₹4 L/yr - ₹16.1 L/yr

arrow icon 63% less
10 job openings
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Morningstar Associate Salary

0 - 2 years exp. (13 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 80% less
2 job openings
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Aditya Birla Capital Associate Salary

0 - 6 years exp. (13 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 84% less
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Bajaj Finserv Associate Salary

1 - 2 years exp. (4 salaries)

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₹1.2 L/yr - ₹2.7 L/yr

arrow icon 90% less
Associate salary at JPMorgan Chase & Co. ranges between ₹10 Lakhs to ₹36 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 3k latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. Associate in Mumbai

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Experience wise JPMorgan Chase & Co. Associate salaries in Mumbai

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
1 year  (10 salaries)

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₹10 L/yr - ₹25 L/yr
2 years  (69 salaries)

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₹10 L/yr - ₹36 L/yr
3 years  (148 salaries)

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₹10.5 L/yr - ₹38 L/yr
4 years  (196 salaries)

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₹10 L/yr - ₹40 L/yr
5 years  (260 salaries)

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₹10 L/yr - ₹35.3 L/yr
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JPMorgan Chase & Co. Associate Salary and Career Growth

From

To

Associate

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1 - 17 years exp.

Vice President

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8 - 24 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Lead Engineer Salary
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₹35 L/yr - ₹53 L/yr

Top skills at JPMorgan Chase & Co. for Associate

Data Analytics Python SQL Financial Analysis Risk Management
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Salary related reviews for JPMorgan Chase & Co.

3.8

Rated by 207 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.

read more
  • Salary - Good
  • +5 more

Dislikes

Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.

read more

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 26 Oct 2023

4.0
 for  Salary and Benefits

Likes

Job security, policies, enviornment work life balance(depend on manager)

  • Salary - Good
  • +3 more

Dislikes

If you want dynamic growth and promotion JP is not right place. Ijp is option to choose and explore other country but bit difficult to get good pay compare to switch organisation.

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 31 Oct 2022

3.0
 for  Salary and Benefits

Likes

1) Technical Growth Opportunities 2) Good Work Life Balance (Depending on Project) 3) Good Work Culture. 4) Other Employee Related Benefits

read more
  • Skill development - Good
  • +3 more

Dislikes

1) Biased Decision on existing Employee Appraisal/Promotion 2) Negotiate well before Joining because Internal Salary Hike is very less.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 19 Mar 2022

4.0
 for  Salary and Benefits

Likes

...lture, Helpful Colleagues, Good work life balance and an Excellent Brand name. 2) Good pay. The pay is at par and in some cases higher than other Investment Banks 3) Management listens and fosters feedback in most cases 4) Lots of Internal Mobility options which helps from career growth and switching if u dont want to stay in a particular profile 5) Promotion will happen as long as you perform well espcially till you get promoted to Sr. Assoc. Post that (to become VP and above), there are a lot of factors and not just work that determine your promotion All these points have some reverse example which I will cover in dislikes

read more
  • Salary - Good
  • +3 more

Dislikes

...orporate Department) and almost No work life Balance (Controllers Department). 2) Pay - Like any other Org, pay differs from Department to Department. FP&A (Either Expense or Revenue in any Lob) has good pay. Technology has great pay. Controllers, Projects, Coporate have less pay. Similar for Bonus 3) Mangement sometimes dont care for certain issues even if you raise it. You/Your team may have raised an issue for 1 year non stop (and that it could be anything and relevant), if the senior stakeholders (Onshore or India) dont want to resolve it, then they wont. (Saying from a Personal Experience) 4) Promotions in Controllers and AWM are less. Whereas in Tech and CIB, its good. 5) Onshore Opportunity - Again from a personal experience. Even if u perform well, get recommended by Onshore clients for work etc. and there might be even a relevant opening, on shore opportunity may not get approved. (Technology being an exception). 6) Lack of Learning - For the first 3/4 years, you will learn a lot. Work, Hierarchy, What your/different Teams do, but then Work will become boring and not everytime your role will grow/expand to have steep learning. So either take Internal Mobility or Switch Companies

read more

Full Time

 · 

Finance Department

3.0
  •  posted on 22 Nov 2022

4.0
 for  Salary and Benefits

Likes

1. Work life balance 2. Pay 3. Facilities

  • Salary - Good
  • +1 more

Dislikes

1. Lots of politics 2. Upper management isn’t approachable 3. Poor leadership 4. Upper management runs parallel policies of their own compared to company policies (eg. Managers would ask you to come more than 3 days compulsory even if company policy says 3 days of office and 2 days wfh and more)

read more
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JPMorgan Chase & Co. Associate Salary FAQs

What is the salary of Associate at JPMorgan Chase & Co. Mumbai?
Associate salary at JPMorgan Chase & Co. in Mumbai ranges between ₹10.0 Lakhs to ₹36.0 Lakhs for experience between 1 years to 17 years. According to our estimates it is 200% more than the average Associate Salary in India. Salary estimates are based on 3k latest salaries received from various employees of JPMorgan Chase & Co. Mumbai.
How does the salary of a Associate at JPMorgan Chase & Co. Mumbai compare with the average salary range for this job?
The average salary of a Associate at JPMorgan Chase & Co. is 200% more than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at JPMorgan Chase & Co.?
Data Analytics, Python, SQL, Financial Analysis and Risk Management are some of the popular skills required to work as a Associate at JPMorgan Chase & Co. Mumbai.
Which similar companies are paying more than JPMorgan Chase & Co. to a Associate in Mumbai?
  • Bank of America Associate Salary - ₹16.7 Lakhs to ₹47.4 Lakhs per year
What is the salary of a Associate in companies similar to JPMorgan Chase & Co. in Mumbai?
  • Goldman Sachs Associate Salary - ₹10.0 Lakhs to ₹38.8 Lakhs per year
  • Deutsche Bank Associate Salary - ₹9.9 Lakhs to ₹33.0 Lakhs per year
  • Standard Chartered Associate Salary - ₹10.1 Lakhs to ₹34.6 Lakhs per year
  • Barclays Associate Salary - ₹7.2 Lakhs to ₹23.0 Lakhs per year
  • Citicorp Associate Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Associate at JPMorgan Chase & Co. in Mumbai?
The estimated take-home salary of a Associate at JPMorgan Chase & Co. ranges between ₹1,54,579 per month to ₹1,60,431 per month in Mumbai. The take-home salary calculation is based on the average JPMorgan Chase & Co. Associate salary in India which ranges between ₹10.0 Lakhs to ₹36.0 Lakhs per year for employees with experience between 1 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Associate at JPMorgan Chase & Co. in Mumbai?
According to AmbitionBox, 83% of the JPMorgan Chase & Co. Associates in Mumbai reported a notice period of 2 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.2k responses on AmbitionBox in last 2 years.

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JPMorgan Chase & Co. Associate salary in Mumbai ranges between ₹10 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3k JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..

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