MMTC Mumbai Senior Manager Salaries by 5 Employees

12 - 15 years exp.

₹16 Lakhs - ₹19.5 Lakhs

Salary of majority employees

10% less than the average Senior Manager Salary in Financial Services Companies for 12 - 15 years of experience

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Last Updated: 12 Nov 2023

Companies similar to MMTC for Senior Manager in Mumbai

MMTC Senior Manager Salary

12 - 15 years exp. (5 salaries)

₹16 L/yr - ₹19.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Senior Manager Salary 5 - 18 years exp. (170 salaries)	₹6 L/yr - ₹23.5 L/yr 29% less
Edelweiss Senior Manager Salary 7 - 17 years exp. (143 salaries)	₹7 L/yr - ₹25 L/yr 23% less
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National Stock Exchange of India Senior Manager Salary 8 - 18 years exp. (116 salaries)	₹17 L/yr - ₹42 L/yr 40% more
JM Financial Senior Manager Salary 7 - 17 years exp. (55 salaries)	₹6.3 L/yr - ₹20.1 L/yr 29% less
ICICI Prudential Mutual Fund Senior Manager Salary 5 - 17 years exp. (51 salaries)	₹12 L/yr - ₹30 L/yr 18% more
ICICI Home Finance Senior Manager Salary 4 - 16 years exp. (40 salaries)	₹10 L/yr - ₹25 L/yr 26% less
Axis Direct Senior Manager Salary 7 - 17 years exp. (30 salaries)	₹7.4 L/yr - ₹24.5 L/yr 23% less
Sharekhan Senior Manager Salary 6 - 18 years exp. (25 salaries)	₹8 L/yr - ₹21 L/yr 25% less
Pine Labs Senior Manager Salary 7 - 17 years exp. (23 salaries)	₹11.5 L/yr - ₹35 L/yr 43% more
Morningstar Senior Manager Salary 11 - 18 years exp. (16 salaries)	₹18 L/yr - ₹38 L/yr 36% more
Aadhar Housing Finance Senior Manager Salary 3 - 16 years exp. (12 salaries)	₹10 L/yr - ₹18 L/yr 13% less
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Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹40 L/yr 47% more
SBI Cards & Payment Services Senior Manager Salary 10 - 15 years exp. (7 salaries)	₹12 L/yr - ₹22 L/yr 3% less	6 job openings
Ocwen Financial Solutions Senior Manager Salary 13 - 19 years exp. (5 salaries)	₹27 L/yr - ₹40 L/yr 75% more
MSCI Senior Manager Salary 10 - 15 years exp. (3 salaries)	₹22.5 L/yr - ₹28.8 L/yr 30% more

Senior Manager salary at MMTC ranges between ₹16 Lakhs to ₹19.5 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of MMTC .

Experience wise MMTC Senior Manager salaries in Mumbai

Last Updated: 12 Nov 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16 L/yr - ₹33.5 L/yr
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹34.7 L/yr
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14 years (AmbitionBox Estimate)	₹18 L/yr - ₹36 L/yr
15+ years (AmbitionBox Estimate)	₹19.5 L/yr - ₹37.2 L/yr

Similar Designation salaries in MMTC

Chief Manager Salary

(4 salaries)

₹20 L/yr - ₹22 L/yr

Salary related reviews for MMTC

2.0

Rated by 1 employees for salary & benefits

Deputy General Systems Manager in New Delhi

Procurement & Supply Chain Department

5.0

• posted on 04 Oct 2020

5.0

for Salary and Benefits

Likes

Work culture is good n job is permanent n there is yearly increase in salary. Promotions are done as per company policies.

Salary - Excellent

+6 more

Dislikes

One has to strictly follow compliances n govt regulations which some times impacts the business.

Management Trainee in Bhubneswar

Full Time

Finance & Accounting Department

5.0

• posted on 30 Jun 2020

4.0

for Salary and Benefits

Likes

... in this organisation all are very helpful and kind . job security is very good. we get out salary even during lock-down . mmtc bhubneswar maintaining all safety measures for its employees to keep protect them from the deadly korona virus.

Salary - Good

+5 more

Dislikes

No dislikes. i love mmtc

Promotions - Poor

Senior Manager in Mumbai

Trade Department

3.0

• posted on 08 Jan 2022

2.0

for Salary and Benefits

Likes

MMTC is a Public Sector Undertaking under the Ministry of Commerce and is one of India's largest international trading co. with various verticals such as Bullion, Iron Ore, Agro, Fertilizers, etc. Due to its bureaucratic setup decision-making is rigid and based upon laid down guidelines/drills which may not be matching the contemporary requirements of the market. The co. gives an excellent opportunity as it has got presence in trading of bulking commodities across different geographies.

Job security - Good

+1 more

Dislikes

Career growth is too slow and appraisal is also based on laid down guidelines and not flexible.

Salary - Poor

+1 more

Chartered Accountant in New Delhi

Finance & Accounting Department

4.0

• posted on 31 Jan 2021

5.0

for Salary and Benefits

Likes

Work allocation as per the interest of employees so high chances of Learning for sincere employees. If you give performance and complete your work on time then everyone will support you in case if need such as flexible timings and complete support by other colleges and bosses.

Salary - Excellent

+6 more

Dislikes

Buttering types politics and very slow career growth despite hard working. Management deaf type behaviour in the name of promotion.

Manager/Sr Manager - Facility Management in New Delhi

Marketing Department

1.0

• posted on 07 Jun 2020

1.0

for Salary and Benefits

Likes

There is nothing to like about this Compay for youngsters... All the oldies love this company coz they had a ball during golden period of the company. Company has not evolved since ages and all oldies love that.. Now, since senior people have command by virtue of their position they don't like any evolution or changes in company... Once THE Best company is DYING and..Everyone in power position is passing their time

Job security - Good

Dislikes

Literally Everything.

Salary - Bad

+5 more

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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MMTC Senior Manager Salary FAQs

What is the salary of Senior Manager at MMTC in Mumbai?

The average salary of a Senior Manager at MMTC in Mumbai typically ranges from ₹16.0 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Senior Manager in Mumbai at MMTC earn more than ₹19.5 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Senior Manager Salaries at MMTC 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 MMTC employees in India.

What is the estimated take home salary of a Senior Manager at MMTC in Mumbai?

The estimated take-home salary of a Senior Manager at MMTC in Mumbai typically ranges from ₹1,27,980 to ₹1,32,299 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 12 years to 15 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 MMTC . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MMTC for Senior Manager in India?

Ocwen Financial Solutions	₹27.0 Lakhs to ₹40.0 Lakhs per year
Franklin Templeton Investments	₹20.0 Lakhs to ₹40.0 Lakhs per year
Pine Labs	₹11.5 Lakhs to ₹35.0 Lakhs per year
National Stock Exchange of India	₹17.0 Lakhs to ₹42.0 Lakhs per year
Morningstar	₹18.0 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by MMTC , depending on the role and experience level.

What is the salary of a Senior Manager in companies similar to MMTC in Mumbai?

The salary of a Senior Manager at companies similar to MMTC in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MSCI	₹22.5 Lakhs to ₹28.8 Lakhs per year
ICICI Prudential Mutual Fund	₹12.0 Lakhs to ₹30.0 Lakhs per year
SBI Cards & Payment Services	₹12.0 Lakhs to ₹22.0 Lakhs per year
Aadhar Housing Finance	₹10.0 Lakhs to ₹18.0 Lakhs per year
Edelweiss	₹7.0 Lakhs to ₹25.0 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 Senior Manager at MMTC in Mumbai?

The salary growth for a Senior Manager at MMTC in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at MMTC :

Experience	Average Salary Range
12 years	₹16.0 Lakhs to ₹33.5 Lakhs per year
13 years	₹17.0 Lakhs to ₹34.7 Lakhs per year
14 years	₹18.0 Lakhs to ₹36.0 Lakhs per year
15 years	₹19.5 Lakhs to ₹37.2 Lakhs per year

and so on.

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MMTC Senior Manager Salaries in Mumbai

MMTC Senior Manager salary in Mumbai ranges between ₹16 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MMTC latest salaries received from various employees of MMTC .