Monarch Networth Capital Mumbai IT Manager Salaries by 4 Employees (Updated 2024)

6 - 10 years exp.

₹4.6 Lakhs - ₹8 Lakhs

Salary of majority employees

48% less than the average IT Manager Salary for 6 - 10 years of experience

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Salaries in different departments

Customer Success, Service & Operations IT Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.1 L/yr
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Engineering - Hardware & Networks IT Manager Salary 6 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr

Last Updated: 7 Dec 2024

Companies similar to Monarch Networth Capital for IT Manager in Mumbai

Monarch Networth Capital IT Manager Salary

6 - 10 years exp. (4 salaries)

₹4.6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (5 salaries)	₹4.9 L/yr - ₹14 L/yr 23% more
Edelweiss IT Manager Salary 5 - 15 years exp. (7 salaries)	₹8 L/yr - ₹17 L/yr 93% more
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HDFC Securities IT Manager Salary 10 - 17 years exp. (4 salaries)	₹10.4 L/yr - ₹12 L/yr 59% more
Kotak Securities IT Manager Salary 1 - 7 years exp. (4 salaries)	₹7.4 L/yr - ₹20 L/yr 56% more
Reliance Capital IT Manager Salary 12 - 15 years exp. (3 salaries)	₹12.2 L/yr - ₹12.8 L/yr 78% more
Stock Holding Corporation of India IT Manager Salary 14 - 31 years exp. (3 salaries)	₹13 L/yr - ₹20.5 L/yr 151% more

IT Manager salary at Monarch Networth Capital ranges between ₹4.6 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Monarch Networth Capital.

Experience wise Monarch Networth Capital IT Manager salaries in Mumbai

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation salaries in Monarch Networth Capital

Assistant Manager Information Technology Salary

(3 salaries)

₹4 L/yr - ₹5.4 L/yr

Top skills at Monarch Networth Capital for IT Manager

IT Management

Salary related reviews for Monarch Networth Capital

Assistant Sales Manager in Indore

Full Time

Sales & Business Development Department

1.0

• posted on 20 Aug 2023

4.0

for Salary and Benefits

Likes

Salary in good only but no job security in 5 year single sales person not completed there 1 year

Dislikes

Don't go in sales profile they don't have direct payin payout option, They lunch new application but not providing single dealer to any branch and will not provide Sales team have open account from market and generate the revenue it self. No branch support.

Busniess Head - Gujarat Channel Sales & Corporate Relations in Ahmedabad

Sales & Business Development Department

3.0

• posted on 23 Mar 2018

1.0

for Salary and Benefits

Likes

growing company with hiring professional with good experience

Dislikes

employee satisfaction level is very much law and most of employees facing the issue of salary as well as perks, they r leaving the company withing six months

Area Head - Sales For Bengal And Jharkhand in Kolkata

Retail Sales Department

1.0

• posted on 08 Feb 2022

1.0

for Salary and Benefits

Likes

This is the organization where you will find only Lala Culture. Gaurav Bhandari is just like a Peon. In this organization whatever designation you want, you can get....no work culture.

Dislikes

No work culture and environment. Company has not been able to established its brand in last 35 yrs. No credibility of management.

Head - AP Business in Ahmedabad

Sales & Business Development Department

5.0

• posted on 02 May 2019

3.0

for Salary and Benefits

Likes

Monarch gave me excellent career growth from ground level executive to decision making position of B2B vertical. Got opportunity to travel various locations across India and meeting people of diversified culture.

Dislikes

Nothing in particular.

Senior Manager in Mumbai

Risk Management & Compliance Department

4.0

• posted on 17 May 2018

4.0

for Salary and Benefits

Likes

The company is always open to new innovation in the market and readily to adopt the new techology. I am proud to be a part of the great team.I am always be a part of new product lines and system upgradtion..

Dislikes

There is on job training for new fresher. Sometimes the work pressure is very high.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Monarch Networth Capital IT Manager Salary FAQs

What is the salary of IT Manager at Monarch Networth Capital Mumbai?

IT Manager salary at Monarch Networth Capital in Mumbai ranges between ₹4.6 Lakhs to ₹8.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 48% less than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Monarch Networth Capital Mumbai.

How does the salary of a IT Manager at Monarch Networth Capital Mumbai compare with the average salary range for this job?

The average salary of a IT Manager at Monarch Networth Capital is 48% less than the average salary of a IT Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a IT Manager at Monarch Networth Capital?

IT Management is a popular skill required to work as a IT Manager at Monarch Networth Capital.

Which similar companies are paying more than Monarch Networth Capital to a IT Manager in Mumbai?

Stock Holding Corporation of India IT Manager Salary - ₹13.0 Lakhs to ₹20.5 Lakhs per year
Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Reliance Capital IT Manager Salary - ₹12.2 Lakhs to ₹12.8 Lakhs per year
HDFC Securities IT Manager Salary - ₹10.4 Lakhs to ₹12.0 Lakhs per year
Kotak Securities IT Manager Salary - ₹7.4 Lakhs to ₹20.0 Lakhs per year

What is the salary of a IT Manager in companies similar to Monarch Networth Capital in Mumbai?

Motilal Oswal Financial Services IT Manager Salary - ₹4.9 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a IT Manager at Monarch Networth Capital in Mumbai?

The estimated take-home salary of a IT Manager at Monarch Networth Capital ranges between ₹52,112 per month to ₹54,481 per month in Mumbai. The take-home salary calculation is based on the average Monarch Networth Capital IT Manager salary in India which ranges between ₹4.6 Lakhs to ₹8.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Monarch Networth Capital in Mumbai?

According to AmbitionBox, 100% of the Monarch Networth Capital IT Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Monarch Networth Capital IT Manager Salaries in Mumbai

Monarch Networth Capital IT Manager salary in Mumbai ranges between ₹4.6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Monarch Networth Capital latest salaries received from various employees of Monarch Networth Capital.