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4.0

based on 6.2k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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

Annual salary range
2 - 7 years exp.
₹20 Lakhs - ₹49 Lakhs
Salary of majority employees
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Fixed (75%)
₹24.2 Lakhs
Variable (25%)
₹8.1 Lakhs
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97% more than the average Investment Banking Associate Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Investment Banking Associate Salary
2 - 6 years exp. (80 salaries)
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₹20 L/yr - ₹49 L/yr

Finance & Accounting
Investment Banking Associate Salary
2 - 5 years exp. (5 salaries)
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₹21 L/yr - ₹40 L/yr

Last Updated: 7 Mar 2025

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

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JPMorgan Chase & Co. Investment Banking Associate Salary

2 - 7 years exp. (88 salaries)
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₹20 L/yr - ₹49 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morgan Stanley Investment Banking Associate Salary

1 - 8 years exp. (4 salaries)
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₹7.2 L/yr - ₹14 L/yr

arrow icon 72% less
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Deutsche Bank Investment Banking Associate Salary

1 - 6 years exp. (11 salaries)
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₹25 L/yr - ₹65.8 L/yr

arrow icon 15% more
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UBS Investment Banking Associate Salary

2 - 8 years exp. (5 salaries)
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₹29.5 L/yr - ₹80 L/yr

arrow icon 78% more
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Nomura Holdings Investment Banking Associate Salary

2 - 5 years exp. (4 salaries)
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₹21 L/yr - ₹65 L/yr

arrow icon 61% more
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Citicorp Investment Banking Associate Salary

3 - 7 years exp. (10 salaries)
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₹15 L/yr - ₹35 L/yr

arrow icon 34% less
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Bank of America Investment Banking Associate Salary

6 - 11 years exp. (9 salaries)
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₹25 L/yr - ₹35.6 L/yr

arrow icon 4% less
Investment Banking Associate salary at JPMorgan Chase & Co. ranges between ₹20 Lakhs to ₹49 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 88 latest salaries received from various employees of JPMorgan Chase & Co..

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

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Experience wise JPMorgan Chase & Co. Investment Banking Associate salaries in Mumbai

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
2 years  (16 salaries)

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₹21 L/yr - ₹45 L/yr
3 years  (21 salaries)

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₹20 L/yr - ₹45 L/yr
4 years  (25 salaries)

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₹20 L/yr - ₹45 L/yr
5 years  (14 salaries)

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₹20 L/yr - ₹40 L/yr
6 years  (11 salaries)

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₹16 L/yr - ₹49 L/yr
View all

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₹6.66 L/yr - ₹26.38 L/yr
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₹4.4 L/yr - ₹17 L/yr
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₹5.2 L/yr - ₹17 L/yr
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₹10 L/yr - ₹30 L/yr

Top skills at JPMorgan Chase & Co. for Investment Banking Associate

Investment Banking Corporate Finance Financial Analysis
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Salary related reviews for JPMorgan Chase & Co.

3.9

Rated by 5 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 16 Dec 2024
4.0
 for  Salary and Benefits

Likes

... repetitive work . One can manage and make a balance in personal and work stuff. Salary is good if you negotiate good at the time of joining. Later it becomes stagnant ( bonus is good )

read more
  • Salary - Good
    • +2 more

Dislikes

Work , skill development , self growth is quite difficult as mostly old technologies are running since years . Senior monopoly. Very less scope for new comer to learn , implement new things , gives ideas and growth . Few people sitting since inception at senior level , they do not move resulting impacting your growth .

read more
  • Skill development - Bad
    • +2 more

Senior Associate in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 19 Jun 2024
2.0
 for  Salary and Benefits

Likes

Flexibility at work, Latest tech, You can learn development if you are at automation work, Managers are good, but ? Job security if you work good.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary is less, Promotion could be delayed, Work without salary hike and Promotions.

read more
  • Salary - Poor
    • +1 more

Analyst in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 15 May 2024
5.0
 for  Salary and Benefits

Likes

Salary work-life balance all are a given in this company. If you work here with a great manager you don't need to switch at least for nest 5 year. no day will be mundane.

read more
  • Salary - Excellent
    • +4 more

Dislikes

IJP is now a tool just to retain employees who are leaving, i would want less on the current manager's involvement in movement, as they try to hinder it by influence to ensure only they have a good employee. IJP is intended for learning new skills but unfortunately that is failing.

read more
  • Promotions - Poor

Senior Associate in Hyderabad / Secunderabad

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 27 Sep 2024
4.0
 for  Salary and Benefits

Likes

Salary and work Life balance is good. Good opertunity for growth and success

read more
  • Salary - Good
    • +3 more

Dislikes

All are wrapped up and internal frameworks which we can't use anymore outside of organisations. Personal benefits are very poor compared to compitition.

read more

Assistant Vice President in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 07 Jan 2024
3.0
 for  Salary and Benefits

Likes

...t into it 2. If you are good with management then good persons and good hikes 3. Pay well

read more
  • Job security - Good
    • +1 more

Dislikes

1. No work life balance 2. Long working hours and hectic schedule 3.learnings depends on the workload . 4. Few projects are into old technology 5. Promotions / growth everything depends on manager 5. Strict 3 days office with attendance

read more
  • Promotions - Poor
    • +2 more
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JPMorgan Chase & Co. Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at JPMorgan Chase & Co. Mumbai?
Investment Banking Associate salary at JPMorgan Chase & Co. in Mumbai ranges between ₹20.0 Lakhs to ₹49.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 97% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 88 latest salaries received from various employees of JPMorgan Chase & Co. Mumbai.
How does the salary of a Investment Banking Associate at JPMorgan Chase & Co. Mumbai compare with the average salary range for this job?
The average salary of a Investment Banking Associate at JPMorgan Chase & Co. is 97% more than the average salary of a Investment Banking Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Investment Banking Associate at JPMorgan Chase & Co.?
Investment Banking, Corporate Finance and Financial Analysis are some of the popular skills required to work as a Investment Banking Associate at JPMorgan Chase & Co. Mumbai.
Which similar companies are paying more than JPMorgan Chase & Co. to a Investment Banking Associate in Mumbai?
  • UBS Investment Banking Associate Salary - ₹29.5 Lakhs to ₹80.0 Lakhs per year
  • Nomura Holdings Investment Banking Associate Salary - ₹21.0 Lakhs to ₹65.0 Lakhs per year
  • Deutsche Bank Investment Banking Associate Salary - ₹25.0 Lakhs to ₹65.8 Lakhs per year
What is the salary of a Investment Banking Associate in companies similar to JPMorgan Chase & Co. in Mumbai?
  • Bank of America Investment Banking Associate Salary - ₹25.0 Lakhs to ₹35.6 Lakhs per year
  • Citicorp Investment Banking Associate Salary - ₹15.0 Lakhs to ₹35.0 Lakhs per year
  • Morgan Stanley Investment Banking Associate Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Investment Banking Associate at JPMorgan Chase & Co. in Mumbai?
The estimated take-home salary of a Investment Banking Associate at JPMorgan Chase & Co. ranges between ₹1,97,110 per month to ₹2,04,885 per month in Mumbai. The take-home salary calculation is based on the average JPMorgan Chase & Co. Investment Banking Associate salary in India which ranges between ₹20.0 Lakhs to ₹49.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Investment Banking Associate at JPMorgan Chase & Co. in Mumbai?
According to AmbitionBox, 88% of the JPMorgan Chase & Co. Investment Banking Associates in Mumbai reported a notice period of 2 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 34 responses on AmbitionBox in last 2 years.

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JPMorgan Chase & Co. Investment Banking Associate salary in Mumbai ranges between ₹20 Lakhs to ₹49 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 88 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..