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MagicBricks Assistant Manager II salaries in India

Annual salary range
2 - 8 years exp.
₹4.3 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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21% less than the average Assistant Manager II Salary in Internet Companies for 2 - 8 years of experience

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Last Updated: 6 Aug 2023

Companies similar to MagicBricks for Assistant Manager II

Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager II Salary

0 - 7 years exp. (1.1k salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 4% less
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DCB Bank Assistant Manager II Salary

0 - 6 years exp. (257 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 19% less
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₹3 L/yr - ₹6.1 L/yr

arrow icon 10% more
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₹2.8 L/yr - ₹5.5 L/yr

arrow icon 11% less
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Citicorp Assistant Manager II Salary

2 - 12 years exp. (39 salaries)

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₹11 L/yr - ₹21.3 L/yr

arrow icon 268% more
Assistant Manager II salary at MagicBricks ranges between ₹4.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 19 latest salaries received from various employees of MagicBricks.

Latest annual salaries shared by MagicBricks Assistant Manager II

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Experience wise MagicBricks Assistant Manager II salaries

Last Updated: 6 Aug 2023

Experience Avg Annual Salary
2 years  (3 salaries)

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₹4.3 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8 L/yr
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Similar Designation salaries in MagicBricks

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₹1.5 L/yr - ₹4.6 L/yr
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₹4.5 L/yr - ₹6 L/yr
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₹12.3 L/yr - ₹17.85 L/yr
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₹9 L/yr - ₹16.05 L/yr
Regional Head Salary
(5 salaries)
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₹20 L/yr - ₹48 L/yr
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₹3.5 L/yr - ₹4.6 L/yr
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₹2.2 L/yr - ₹2.65 L/yr
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₹24 L/yr - ₹25 L/yr
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₹2 L/yr - ₹3.4 L/yr
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₹14 L/yr - ₹17.5 L/yr

Salary related reviews for MagicBricks

2.7

Rated by 2 employees for salary & benefits

Customer Support Department

1.0
  •  posted on 29 Jun 2022

1.0
 for  Salary and Benefits

Likes

Literally Nothing

Dislikes

1. Salary is like a grain of rice whereas amount of work is like an ocean specially in mailing segment. 2. There is no hike on the basis of product awareness. Only they have made KRA's that are impossible to achieve being in email segment. 3. QA was terrible, she keep chasing the one's who are not her puppets. 4. Despite having leaves in account, absent was marked in case of any emergency. They'll say you have to inform us prior, what's the point man, are we some astrologer that we know I'll be ill on that particular day or there will be some sudden emergency on the other. 5. Tools and CRMs provided are useless. You have to change 10-15 tabs to process a single case. 6. There is no liberage even if you're doing your work with immense punctuality and dedication. They'll give you more work to do and if you're not well some day they will start questioning you for productivity. 7. Some people think they are the kings of this place, being at agent profile they keep boasting about their reach to manager and about the KRA achievements which they are doing using unfair means. 8. No one focuses on the product development or improving the CRMs, only agents are blamed for everything. 9. Being in email segment you have to call on nearly half of the cases. 10. They'll ask you to extend without paying any extra amount. The list goes on..... Please don't join if you wanna save your mental health. Join only if there is immense need for job and there are no other options.

read more
  • Salary - Bad
  • +6 more

Other Department

3.0
  •  posted on 23 May 2020

4.0
 for  Salary and Benefits

Likes

The company is good enough to start off your journey as a fresher they offer average salary 6 days working with rotational off, However generating lead pressure is far higher than what you actually can think of seems monotonous after working long period of time salary on time full politics culture no growths will remain the agent for a long time

read more
  • Salary - Good
  • +2 more

Dislikes

Compansation is good

  • Promotions - Poor
  • +1 more

Full Time

 · 

Legal & Regulatory Department

1.0
  •  posted on 14 Feb 2025

1.0
 for  Salary and Benefits

Likes

Great infrastructure.

Dislikes

...ers are underpaid (only 8-10k) while being made to handle significant workloads. The compensation offered to freshers is shockingly low, making it an unattractive place for young professionals seeking fair pay and career growth. 3. Favoritism & Referral Bias: There is a clear bias towards existing employees. Since the company provides monetary incentives for employee referrals, current employees primarily refer their close ones rather than qualified candidates. This has resulted in a toxic work culture where deserving candidates are overlooked in favor of personal connections. 4. Questionable Leadership in the Legal Department: The Head Legal is on a contract but does not contribute effectively. Attendance is irregular, and even when present, personal work seems to take priority over company responsibilities . Additionally, the hiring of the Assistant Legal Manager raises serious concerns about favoritism and ethical standards. 5. Nepotism & Unethical Practices: The appointment of the Assistant Manager Legal appears to be a case of blatant nepotism. It might be possible that the Head Legal received financial benefits in exchange for recommending the candidate. This raises serious ethical concerns and questions the integrity of the hiring process. Such careless hiring has negatively impacted the efficiency and credibility of the legal department. FINAL VERDICT: This company prioritizes favoritism, internal politics, and personal gains over talent and merit. Freshers should be cautious before joining, as they are likely to be exploited with low pay and contractual roles. The legal department, in particular, suffers from poor leadership, unethical hiring, and inefficiency. A serious overhaul of the hiring process and leadership accountability is necessary for the company to improve its work culture. WOULD NOT RECOMMEND TO FRESHERS OR PROFESSIONALS LOOKING FOR FAIR CAREER OPPROTUNITIES.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Teaching & Training Department

3.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

No appraisal if you are working on third party payrole like Teamlease Company culture -Politics in Contact centre and in every process No new learning after 3 months of your joining Don't expect anything from your Manager just manage by yourself, blame game is always there Product team will not provide any additional value only removals are there in product although listing base organisation so not much expectations.

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  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 22 Jan 2025

2.0
 for  Salary and Benefits

Likes

Nothing much to say about likes except for salary structure to save taxes(not the salary paid) and you get to work with new technologies here.

read more

Dislikes

No work life balance, not promoted much, not so high salary, micro management, policies which doesn't benefit employee much, toxic hierarchy, no work from home.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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MagicBricks Assistant Manager II Salary FAQs

What is the salary of Assistant Manager II at MagicBricks ?
The average salary of a Assistant Manager II at MagicBricks in India typically ranges from ₹4.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Assistant Manager II at MagicBricks earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Assistant Manager II Salaries at MagicBricks 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 10+ MagicBricks employees in India.
What is the estimated take home salary of a Assistant Manager II at MagicBricks in India?
The estimated take-home salary of a Assistant Manager II at MagicBricks in India typically ranges from ₹33,198 to ₹34,464 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 8 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 10+ salaries received from various employees of MagicBricks. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than MagicBricks for Assistant Manager II in India?
Citicorp ₹11.0 Lakhs to ₹21.3 Lakhs per year
Utkarsh Small Finance Bank ₹3.0 Lakhs to ₹6.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MagicBricks, depending on the role and experience level.
What is the salary of a Assistant Manager II in companies similar to MagicBricks in India?
The salary of a Assistant Manager II at companies similar to MagicBricks in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹2.6 Lakhs to ₹7.0 Lakhs per year
Equitas Small Finance Bank ₹2.8 Lakhs to ₹5.5 Lakhs per year
DCB Bank ₹2.0 Lakhs to ₹5.5 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 Assistant Manager II at MagicBricks in India?
The salary growth for a Assistant Manager II at MagicBricks depends on factors such as experience, performance, and promotions. On average, a Assistant Manager II can expect the following growth trajectory at MagicBricks:

Experience Average Salary Range
2 years ₹4.3 Lakhs to ₹8.0 Lakhs per year
3 years ₹4.3 Lakhs to ₹8.0 Lakhs per year
4 years ₹4.3 Lakhs to ₹8.0 Lakhs per year
5 years ₹4.3 Lakhs to ₹8.0 Lakhs per year
and so on.

Tell us how to improve this page.

MagicBricks Assistant Manager II salary in India ranges between ₹4.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 MagicBricks latest salaries received from various employees of MagicBricks.