JPMorgan Chase & Co. Mumbai Developer Associate Salaries by 7 Employees (Updated 2025)

7 - 10 years exp.

₹12.2 Lakhs - ₹31.6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

183% more than the average Developer Associate Salary in Financial Services Companies for 7 - 10 years of experience

Interested in this particular role? 2 job openings

Last Updated: 8 Mar 2025

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

JPMorgan Chase & Co. Developer Associate Salary

7 - 10 years exp. (7 salaries)

₹12.2 L/yr - ₹31.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Sportz Interactive Developer Associate Salary 1 - 6 years exp. (15 salaries)	₹4 L/yr - ₹7.2 L/yr 75% less
Information Asset Developer Associate Salary 1 - 3 years exp. (9 salaries)	₹4.2 L/yr - ₹6.3 L/yr 79% less
Login to view exact salary
Hexaware Technologies Developer Associate Salary 2 - 3 years exp. (7 salaries)	₹2.8 L/yr - ₹5.1 L/yr 82% less
Interactive Avenues Developer Associate Salary 2 - 5 years exp. (7 salaries)	₹5 L/yr - ₹7.5 L/yr 72% less
LearningMate Solutions Developer Associate Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.2 L/yr 87% less

Developer Associate salary at JPMorgan Chase & Co. ranges between ₹12.2 Lakhs to ₹31.6 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of JPMorgan Chase & Co..

Experience wise JPMorgan Chase & Co. Developer Associate salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
8 years (3 salaries)	₹14.3 L/yr - ₹31.6 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
10 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.3 L/yr

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Top skills at JPMorgan Chase & Co. for Developer Associate

SQL Data Mining Analytical Chemistry IBM DB2 Data Analysis Oracle Automation Testing Data Extraction Forecasting Statistical Modeling Ccar Statistics Risk Modeling Clinical SAS Programming Analytics

Salary related reviews for JPMorgan Chase & Co.

4.0

Rated by 2 employees for salary & benefits

Python Developer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

4.0

for Salary and Benefits

Likes

Great culture, employee friendly management. job security yearly 2 bonus Hybrid WFH facilities, Internet chargers for WFH

Salary - Good

+4 more

Dislikes

...rity purpose. Work life balance depends on project processes and your manager. Salary increment, promotion and bonus depends on your & your project visibility to higher management and how your manager present your efforts to higher manager. Your new tech stack/ certifications may not be useful as most of the applications are legacy.

Associate Application Developer (working remotely)

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

Salary and Bonus is good point. Job Security is better compared to other IT companies

Salary - Good

+1 more

Dislikes

No Work life Banlance. Only Work you have to do. If you get bad manager then he will get out all juice you have as they are paying you. If Expecting promotion then you need to work your normal work 12 hrs, take additional work within team, Also need to take task on Ex Directive level. Meaning you need to work 24 hrs all saturday sundays to get Promotion. I have seen others doing it and same thing was expected from me.

Skill development - Poor

+4 more

Software Developer in Nope

Engineering - Software & QA Department

4.0

• posted on 12 Sep 2022

4.0

for Salary and Benefits

Likes

Very inclusive workplace. People are professional and the pay is decent (but not top tier).

Salary - Good

+4 more

Dislikes

Hybrid. Everything could be done better at home as most people just spend their time in-office on zoom calls with other countries.

Application Developer in Mumbai

Engineering - Software & QA Department

5.0

• posted on 02 Oct 2019

4.0

for Salary and Benefits

Likes

The work culture is very good , there are events organized to value the employees, they have free pickup/drop facilities which is quite good and also the cafeteria/work environment is also quite good which makes it a wonderful place to be at.

Salary - Good

+6 more

Dislikes

Appraisal can be a bit dissapointing but that is complensated with a good bonus.

Software Developer in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 06 Dec 2018

5.0

for Salary and Benefits

Likes

It's a great brand with good hike and bonus.

Salary - Excellent

+6 more

Dislikes

Some managers are too aggressive towards work. They expect you to be expert if you are doing some work 2nd time. They expect everything to be done in the way they expect, if you do something in ur way it's wrong for them

see more salary related reviews

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What people are saying about JPMorgan Chase & Co.

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wolflone

works at

JPMorgan Chase & Co.

Advise Needed - Staying vs leaving

I have an offer from Morgan Stanley since I wasn’t happy with my career trajectory in my current organisation - JPMC. After tendering my resignation, the management reached out to me trying to convince why leave JPM you’ve spent a lot of time here. Take a move internally etc. Now I’m selected and they are matching the offer I had from MS. What should be the best course of action for me? JPM is offering me a product role but under the same manager - I don’t wish to be under him. MS offers me a role in product operation and the team is expected to grow. What do I choose?

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JPMorgan Chase & Co. Developer Associate Salary FAQs

What is the salary of Developer Associate at JPMorgan Chase & Co. in Mumbai?

The average salary of a Developer Associate at JPMorgan Chase & Co. in Mumbai typically ranges from ₹12.2 Lakhs to ₹31.6 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Developer Associate in Mumbai at JPMorgan Chase & Co. earn more than ₹28.9 Lakhs per year, and the top 1% earn over ₹31.6 Lakhs per year. Developer Associate Salaries at JPMorgan Chase & Co. 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 7 JPMorgan Chase & Co. employees in India.

What is the estimated take home salary of a Developer Associate at JPMorgan Chase & Co. in Mumbai?

The estimated take-home salary of a Developer Associate at JPMorgan Chase & Co. in Mumbai typically ranges from ₹1,45,317 to ₹1,50,751 per month. This is based on the average salary range of ₹12.2 Lakhs to ₹31.6 Lakhs per year for employees with experience ranging from 7 years to 10 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 7 salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Developer Associate at JPMorgan Chase & Co. in Mumbai?

To be a Developer Associate at JPMorgan Chase & Co. in Mumbai, the key skills required include:

- SQL
- Data Mining
- Analytical Chemistry
- IBM DB2
- Data Analysis

These skills are highly valued at JPMorgan Chase & Co. and are crucial for successful performance in a Software Engineering role.

What is the salary of a Developer Associate in companies similar to JPMorgan Chase & Co. in Mumbai?

The salary of a Developer Associate at companies similar to JPMorgan Chase & Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Interactive Avenues	₹5.0 Lakhs to ₹7.5 Lakhs per year
Sportz Interactive	₹4.0 Lakhs to ₹7.2 Lakhs per year
Information Asset	₹4.2 Lakhs to ₹6.3 Lakhs per year
Hexaware Technologies	₹2.8 Lakhs to ₹5.1 Lakhs per year
LearningMate Solutions	₹2.5 Lakhs to ₹3.2 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 Developer Associate at JPMorgan Chase & Co. in Mumbai?

The salary growth for a Developer Associate at JPMorgan Chase & Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Developer Associate in Mumbai can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience	Average Salary Range
7 years	₹18.9 Lakhs to ₹24.2 Lakhs per year
8 years	₹14.3 Lakhs to ₹31.6 Lakhs per year
9 years	₹20.0 Lakhs to ₹25.6 Lakhs per year
10 years	₹20.6 Lakhs to ₹26.3 Lakhs per year

and so on.

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JPMorgan Chase & Co. Developer Associate Salaries in Mumbai

JPMorgan Chase & Co. Developer Associate salary in Mumbai ranges between ₹12.2 Lakhs to ₹31.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..