Siemens Financial Services Mumbai Assistant Vice President Salaries by 5 Employees

11 - 16 years exp.

₹17 Lakhs - ₹65.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% more than the average Assistant Vice President Salary in Financial Services Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹34 L/yr - ₹70 L/yr
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Risk Management & Compliance Assistant Vice President Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹34.8 L/yr - ₹52 L/yr

Last Updated: 29 Jul 2024

Companies similar to Siemens Financial Services for Assistant Vice President in Mumbai

Siemens Financial Services Assistant Vice President Salary

11 - 16 years exp. (5 salaries)

₹17 L/yr - ₹65.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Prudent Insurance Brokers Assistant Vice President Salary 12 - 14 years exp. (6 salaries)	₹15.9 L/yr - ₹25.5 L/yr 46% less
Axis Bank Assistant Vice President Salary 6 - 23 years exp. (1.2k salaries)	₹14 L/yr - ₹42 L/yr 29% less
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Citicorp Assistant Vice President Salary 5 - 20 years exp. (1.1k salaries)	₹17 L/yr - ₹47.5 L/yr 8% less
HDFC Bank Assistant Vice President Salary 6 - 24 years exp. (1k salaries)	₹12 L/yr - ₹40 L/yr 31% less
JPMorgan Chase & Co. Assistant Vice President Salary 5 - 20 years exp. (825 salaries)	₹11.8 L/yr - ₹45 L/yr 22% less	2 job openings

Assistant Vice President salary at Siemens Financial Services ranges between ₹17 Lakhs to ₹65.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Siemens Financial Services.

Experience wise Siemens Financial Services Assistant Vice President salaries in Mumbai

Last Updated: 29 Jul 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹26.9 L/yr - ₹34.4 L/yr
12 years (AmbitionBox Estimate)	₹29.6 L/yr - ₹37.9 L/yr
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13 years (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr
14 years (AmbitionBox Estimate)	₹35.1 L/yr - ₹44.8 L/yr
15+ years (AmbitionBox Estimate)	₹39.2 L/yr - ₹50 L/yr

Similar Designation salaries in Siemens Financial Services

Chief Manager Salary

(4 salaries)

₹29.3 L/yr - ₹33.5 L/yr

Salary related reviews for Siemens Financial Services

Risk Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Mar 2023

4.0

for Salary and Benefits

Likes

Working environment is better then other NBFCs who is doing the same kind of business. Work culture is far ahead from other Banks and Financial Institution. A freedom for the taking the decision independently. A good other Benefits also provided by the Company comparing to other companies.

Salary - Good

+6 more

Dislikes

There is shortage of the Team Members and Management is not accepting the request to add a new employee in our team, so work burden will alway high.

Manager- Risk in Ahmedabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 08 May 2021

4.0

for Salary and Benefits

Likes

Its a great company to work for in NBFC/ Financing industry Top management is influencial and supportive, good learning and work culture, decent work life balance and employee friendly policies. Good for spending 3-4 years.

Salary - Good

+5 more

Dislikes

Growth prospects are poor given the flat structure of organization, you continue the same work at the same level for very long time, poor on vertical growth front promotions are very slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Siemens Financial Services Assistant Vice President Salary FAQs

What is the salary of Assistant Vice President at Siemens Financial Services in Mumbai?

The average salary of a Assistant Vice President at Siemens Financial Services in Mumbai typically ranges from ₹17.0 Lakhs to ₹65.5 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Assistant Vice President in Mumbai at Siemens Financial Services earn more than ₹70.0 Lakhs per year, and the top 1% earn over ₹70.0 Lakhs per year. Assistant Vice President Salaries at Siemens 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 Siemens Financial Services employees in India.

What is the estimated take home salary of a Assistant Vice President at Siemens Financial Services in Mumbai?

The estimated take-home salary of a Assistant Vice President at Siemens Financial Services in Mumbai typically ranges from ₹2,24,886 to ₹2,33,917 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹65.5 Lakhs per year for employees with experience ranging from 11 years to 16 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 Siemens Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant Vice President in companies similar to Siemens Financial Services in Mumbai?

The salary of a Assistant Vice President at companies similar to Siemens Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹17.0 Lakhs to ₹47.5 Lakhs per year
JPMorgan Chase & Co.	₹11.8 Lakhs to ₹45.0 Lakhs per year
Axis Bank	₹14.0 Lakhs to ₹42.0 Lakhs per year
HDFC Bank	₹12.0 Lakhs to ₹40.0 Lakhs per year
Prudent Insurance Brokers	₹15.9 Lakhs to ₹25.5 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 Vice President at Siemens Financial Services in Mumbai?

The salary growth for a Assistant Vice President at Siemens Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President in Mumbai can expect the following growth trajectory at Siemens Financial Services:

Experience	Average Salary Range
11 years	₹26.9 Lakhs to ₹34.4 Lakhs per year
12 years	₹29.6 Lakhs to ₹37.9 Lakhs per year
13 years	₹32.4 Lakhs to ₹41.4 Lakhs per year
14 years	₹35.1 Lakhs to ₹44.8 Lakhs per year

and so on.

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Siemens Financial Services Assistant Vice President Salaries in Mumbai

Siemens Financial Services Assistant Vice President salary in Mumbai ranges between ₹17 Lakhs to ₹65.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Siemens Financial Services latest salaries received from various employees of Siemens Financial Services.