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Motilal Oswal Financial Services IT Manager salaries in Mumbai

Annual salary range
8 - 15 years exp.
₹4.9 Lakhs - ₹14 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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38% less than the average IT Manager Salary in Financial Services Companies for 8 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA
IT Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹11.2 L/yr

IT & Information Security
IT Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 17 Jul 2023

Companies similar to Motilal Oswal Financial Services for IT Manager in Mumbai

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Motilal Oswal Financial Services IT Manager Salary

8 - 15 years exp. (5 salaries)

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₹4.9 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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DKSH IT Manager Salary

8 - 15 years exp. (4 salaries)

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₹10.6 L/yr - ₹16.5 L/yr

arrow icon 51% more
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Reliance Capital IT Manager Salary

12 - 15 years exp. (3 salaries)

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₹12.2 L/yr - ₹12.8 L/yr

arrow icon 44% more
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Morgan Stanley IT Manager Salary

4 - 6 years exp. (3 salaries)

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₹18.5 L/yr - ₹32 L/yr

arrow icon 223% more
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₹15 L/yr - ₹17.6 L/yr

arrow icon 78% more
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BNP Paribas IT Manager Salary

12 - 14 years exp. (3 salaries)

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₹16 L/yr - ₹25 L/yr

arrow icon 154% more
IT Manager salary at Motilal Oswal Financial Services ranges between ₹4.9 Lakhs to ₹14 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Motilal Oswal Financial Services.

Latest annual salaries shared by Motilal Oswal Financial Services IT Manager in Mumbai

1y ago
₹14 Lakhs
13 years exp.

Experience wise Motilal Oswal Financial Services IT Manager salaries in Mumbai

Last Updated: 17 Jul 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
10 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr
13 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
14 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
15+ years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr

Similar Designation salaries in Motilal Oswal Financial Services

Team Lead Salary
(86 salaries)
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₹2.25 L/yr - ₹10 L/yr
Project Manager Salary
(10 salaries)
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₹7.13 L/yr - ₹30 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8 L/yr
Analyst Salary
(4 salaries)
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₹3.5 L/yr - ₹6 L/yr
IT Executive Salary
(4 salaries)
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₹3 L/yr - ₹4.3 L/yr
Technical Lead Salary
(3 salaries)
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₹15 L/yr - ₹22 L/yr

Salary related reviews for Motilal Oswal Financial Services

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 24 Dec 2023

4.0
 for  Salary and Benefits

Likes

Team work and contribution of our seniors, we are working in a group and it is our strength, that's why i am here after a long period

read more
  • Salary - Good
  • +6 more

Dislikes

promotion is pending since long, bonus should be increase, rest all are good.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 15 Mar 2025

4.0
 for  Salary and Benefits

Likes

The company offers a good salary with good increment culture of every 3 months

read more
  • Salary - Good
  • +1 more

Dislikes

Mostly sales if you are good at sales i think that would be sufficient and if not achieved the target the working shifts may extend

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Feb 2025

4.0
 for  Salary and Benefits

Likes

Was getting salary on time, having 30 leaves yearly, holidays whenever market is close, quarterly increment chance

read more
  • Salary - Good
  • +3 more

Dislikes

No work life balance, have to reach office before 8.30 and no fix timing of leaving office 6.30/7/7.30, Not proper guidance by senior, not proper treatment by senior management, won't be allowed for lunch or breakfast if not generated any brokarage

read more
  • Work satisfaction - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Feb 2025

3.0
 for  Salary and Benefits

Likes

They make us learn about everything.

Dislikes

Work life balance is the worst thing like there is late seating till 8 or 8:30 without extra extra pay,that too was said the office timing will be from8:15 to 5:15 although we reach before 8:30 everyday which is inning time but exiting time never matches as said while hiring and they even make working on non working Saturday

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Dec 2024

3.0
 for  Salary and Benefits

Likes

The team are very good.

Dislikes

...way of talking and words are delivered by Reporting Managers are very dessarter. At the time of appraisal don't hiked the salary as the targets are overachieved.

read more
  • Promotions - Poor
  • +3 more
see more salary related reviews

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Can anyone know what is the fair package for a CA with a 7 years of exp in tax. Thanks
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Motilal Oswal Financial Services IT Manager Salary FAQs

What is the salary of IT Manager at Motilal Oswal Financial Services in Mumbai?
The average salary of a IT Manager at Motilal Oswal Financial Services in Mumbai typically ranges from ₹4.9 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of IT Manager in Mumbai at Motilal Oswal Financial Services earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. IT Manager Salaries at Motilal Oswal Financial Services 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 Motilal Oswal Financial Services employees in India.
What is the estimated take home salary of a IT Manager at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a IT Manager at Motilal Oswal Financial Services in Mumbai typically ranges from ₹62,638 to ₹64,229 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 8 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 Motilal Oswal Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Motilal Oswal Financial Services for IT Manager in India?
Morgan Stanley ₹18.5 Lakhs to ₹32.0 Lakhs per year
BNP Paribas ₹16.0 Lakhs to ₹25.0 Lakhs per year
Cholamandalam Investment & Finance ₹15.0 Lakhs to ₹17.6 Lakhs per year
DKSH ₹10.6 Lakhs to ₹16.5 Lakhs per year
Reliance Capital ₹12.2 Lakhs to ₹12.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Motilal Oswal Financial Services, depending on the role and experience level.
How the salary growth look like for a IT Manager at Motilal Oswal Financial Services in Mumbai?
The salary growth for a IT Manager at Motilal Oswal Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at Motilal Oswal Financial Services:

Experience Average Salary Range
8 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
10 years ₹9.2 Lakhs to ₹11.7 Lakhs per year
13 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
14 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
and so on.

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Motilal Oswal Financial Services IT Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.