Average Assistant Managing Director Salary in Maharashtra, India for 2026
In this article, we will look at the average Assistant Managing Director salary for 2026 in Maharashtra and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.
How Much Does an Assistant Managing Director Make in Maharashtra?
An Assistant Managing Director working in Maharashtra will typically earn around 642,800 INR per year, and this can range from the lowest average salary of about 320,500 INR to the highest average salary of 996,600 INR.
These are average salaries for an Assistant Managing Director in Maharashtra and include benefits such as housing and transport. It's also possible for an Assistant Managing Director to earn more or less than the average salaries shown above.
Assistant Managing Director salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Assistant Managing Director Salaries in Maharashtra
So we've looked at the average salaries an Assistant Managing Director will earn in Maharashtra. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Assistant Managing Director can earn between 320,500 INR and 996,600 INR on average in Maharashtra. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for an Assistant Managing Director in Maharashtra is 642,800 INR. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 642,800 INR, and 50% of the population earn more than 642,800 INR.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Assistant Managing Director salary in Maharashtra, 25% of the population are earning less than 433,400 INR while 75% of the population earn more than 433,400 INR.
75% of the population earn less than 819,000 INR, and 25% of the population earn more than 819,000 INR.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Assistant Managing Director Salary by Experience Level in Maharashtra
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Assistant Managing Director salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. An Assistant Managing Director in Maharashtra that has less than two years of experience can expect to earn somewhere in the region of 385,300 INR.
- 2 - 5 Years Experience. With two to five years of experience the average Assistant Managing Director salary would increase to 510,200 INR.
- 5 - 10 Years Experience. From five to ten years of experience as an Assistant Managing Director, the average salary would be 683,400 INR.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 814,500 INR.
- 15 - 20 Years Experience. An Assistant Managing Director with 15 to 20 years of experience can earn an average of 878,900 INR.
- 20+ Years Experience. For an Assistant Managing Director with more than 20 years, the expected average salary increases to 942,700 INR.
Average Salary by Experience Chart
| 0-2 Years | - | 385,300 INR |
| 2-5 Years | +32% | 510,200 INR |
| 5-10 Years | +34% | 683,400 INR |
| 10-15 Years | +19% | 814,500 INR |
| 15-20 Years | +8% | 878,900 INR |
| 20+ Years | +7% | 942,700 INR |
Assistant Managing Director Salary by Education Level in Maharashtra
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for an Assistant Managing Director in Maharashtra based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. An Assistant Managing Director in Maharashtra with a high school education can earn an average salary of 483,800 INR.
- Certificate or Diploma. An Assistant Managing Director in Maharashtra with a certificate or diploma education can earn an average salary of 551,200 INR.
- Bachelor's Degree. An Assistant Managing Director in Maharashtra with a bachelor's degree education can earn an average salary of 746,600 INR.
- Master's Degree. An Assistant Managing Director in Maharashtra with a master's degree education can earn an average salary of 942,700 INR.
Average Salary by Education Chart
| High School | - | 483,800 INR |
| Certificate or Diploma | +14% | 551,200 INR |
| Bachelor's Degree | +36% | 746,600 INR |
| Master's Degree | +26% | 942,700 INR |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Assistant Managing Director Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Maharashtra, a male assistant managing director will earn an average of 547,800 INR, while a female assistant managing director will earn around 478,000 INR.
This means that a male assistant managing director earns approximately 15% more than a female assistant managing director for performing the same job.
Average Salary by Gender Chart in Maharashtra
| Male | - | 547,800 INR |
| Female | -15% | 478,000 INR |
Assistant Managing Director Average Pay Raise in Maharashtra
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for an Assistant Managing Director in Maharashtra is around 14% every 15 months.
The national average pay raise across all professions and industries in India is around 9% every 16 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 14 ÷ 15 ) × 12 = 11%
What this means is that an Assistant Managing Director in Maharashtra can expect to receive an average pay raise of around 11% every 12 months.
Annual Pay Raise by Industry in Maharashtra for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 1% |
| Energy | - | 2% |
| Information Technology | - | 3% |
| Healthcare | - | 4% |
| Travel | - | 5% |
| Construction | - | 6% |
| Education | - | 7% |
Assistant Managing Director Bonus and Incentive Rates in Maharashtra
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
An Assistant Managing Director is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.
21% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.
| Received Bonus | - | 79% |
| No Bonus | - | 21% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in India earn approximately 6% more than private sector employees in the same role.
| Public Sector | - | 392,300 INR |
| Private Sector | -6% | 371,100 INR |
Salaries for Jobs Similar to an Assistant Managing Director
In the table below, we have salary information for jobs that are similar to an Assistant Managing Director in Maharashtra.
| Job Title | Category | Salary |
|---|---|---|
| Account Coordinator | Executive and Management | 357,300 INR |
| Account Director | Executive and Management | 428,400 INR |
| Account Executive | Executive and Management | 437,300 INR |
| Account Manager | Executive and Management | 414,000 INR |
| Administration Manager | Executive and Management | 428,400 INR |
| Administration Officer | Executive and Management | 227,600 INR |
| Administration Supervisor | Executive and Management | 357,300 INR |
| Administrative Clerk | Executive and Management | 172,200 INR |
| Administrative Officer | Executive and Management | 172,200 INR |
| Area Director | Executive and Management | 397,900 INR |
| Area Manager | Executive and Management | 397,900 INR |
| Asset Protection Associate | Executive and Management | 464,900 INR |
| Assistant Director | Executive and Management | 437,300 INR |
| Assistant General Manager | Executive and Management | 464,900 INR |
| Assistant Manager | Executive and Management | 471,700 INR |
| Assistant Operations Manager | Executive and Management | 498,000 INR |
| Assistant Project Manager | Executive and Management | 447,300 INR |
| Assistant Section Head | Executive and Management | 369,300 INR |
| Assistant Vice President | Executive and Management | 475,700 INR |
| Assistant to CEO | Executive and Management | 414,000 INR |
| Associate Account Director | Executive and Management | 450,300 INR |
| Associate Director | Executive and Management | 450,300 INR |
| Bid Manager | Executive and Management | 510,000 INR |
| Branch Manager | Executive and Management | 489,500 INR |
| Business Development Manager | Executive and Management | 545,300 INR |
| Business Operations Associate | Executive and Management | 447,300 INR |
| Business Operations Lead | Executive and Management | 460,500 INR |
| CEO | Executive and Management | 854,300 INR |
| COO | Executive and Management | 641,900 INR |
| Campaign Manager | Executive and Management | 492,700 INR |
| Catering Coordinator | Executive and Management | 275,200 INR |
| Catering Manager | Executive and Management | 440,200 INR |
| Chairman Office Manager | Executive and Management | 545,300 INR |
| Chairman of The Board | Executive and Management | 830,500 INR |
| Chief Commercial Officer | Executive and Management | 618,800 INR |
| Chief Corporate Officer | Executive and Management | 689,900 INR |
| Chief Executive Officer | Executive and Management | 854,300 INR |
| Chief Financial Officer | Executive and Management | 788,000 INR |
| Chief Investment Officer | Executive and Management | 633,100 INR |
| Chief Operating Officer | Executive and Management | 641,900 INR |
| Chief Risk Officer | Executive and Management | 551,200 INR |
| Chief of Staff | Executive and Management | 397,900 INR |
| Client Account Manager | Executive and Management | 514,300 INR |
| Client Accounts Officer | Executive and Management | 430,500 INR |
| Client Services Manager | Executive and Management | 551,200 INR |
| Commercial Director | Executive and Management | 581,300 INR |
| Commercial Manager | Executive and Management | 525,700 INR |
| Commercial Project Manager | Executive and Management | 464,900 INR |
| Commodity Broker | Executive and Management | 357,300 INR |
| Corporate Affairs Executive | Executive and Management | 510,000 INR |
| Corporate Compliance Director | Executive and Management | 555,800 INR |
| Corporate Director | Executive and Management | 583,000 INR |
| Corporate Officer | Executive and Management | 397,900 INR |
| Corporate Partnerships Officer | Executive and Management | 414,000 INR |
| Country Manager | Executive and Management | 664,500 INR |
| Department Head | Executive and Management | 520,900 INR |
| Department Manager | Executive and Management | 520,900 INR |
| Department Supervisor | Executive and Management | 450,300 INR |
| Deputy Director | Executive and Management | 603,400 INR |
| Deputy Manager | Executive and Management | 607,400 INR |
| Director | Executive and Management | 664,500 INR |
| Director of Accreditation | Executive and Management | 563,300 INR |
| Director of Catering Services | Executive and Management | 510,000 INR |
| Director of Client Services | Executive and Management | 545,300 INR |
| Director of Facilities Management | Executive and Management | 464,900 INR |
| Director of Operations | Executive and Management | 563,300 INR |
| Director of Process Simplification | Executive and Management | 447,300 INR |
| Director of Product Management | Executive and Management | 563,300 INR |
| Director of Project Management | Executive and Management | 592,600 INR |
| Director of Revenue Management | Executive and Management | 520,900 INR |
| Director of Training and Development | Executive and Management | 545,300 INR |
| Distribution Manager | Executive and Management | 583,000 INR |
| Division Manager | Executive and Management | 498,000 INR |
| Duty Manager | Executive and Management | 489,500 INR |
| Engagement Manager | Executive and Management | 597,800 INR |
| Executive Director | Executive and Management | 840,100 INR |
| Executive Manager | Executive and Management | 695,200 INR |
| Franchise Manager | Executive and Management | 722,100 INR |
| General Manager | Executive and Management | 664,500 INR |
| Global Master Data Manager | Executive and Management | 592,600 INR |
| Global Technical Lead | Executive and Management | 394,300 INR |
| HSE Manager | Executive and Management | 471,700 INR |
| Head of Investment | Executive and Management | 568,500 INR |
| Head of Middle Office | Executive and Management | 537,300 INR |
| Head of Projects | Executive and Management | 568,500 INR |
| Head of Strategy | Executive and Management | 641,900 INR |
| Head of Supply Chain | Executive and Management | 520,900 INR |
| Head of Sustainability | Executive and Management | 480,600 INR |
| Housing Manager | Executive and Management | 454,900 INR |
| Key Account Manager | Executive and Management | 475,700 INR |
| Knowledge Manager | Executive and Management | 545,300 INR |
| Location Manager | Executive and Management | 533,100 INR |
| Logistics Executive | Executive and Management | 440,200 INR |
| Logistics Manager | Executive and Management | 440,200 INR |
| MIS Executive | Executive and Management | 568,500 INR |
| Management Consultant | Executive and Management | 450,300 INR |
| Management Executive | Executive and Management | 615,000 INR |
| Manager | Executive and Management | 568,500 INR |
| Managing Director | Executive and Management | 684,900 INR |
| Ocean Services Manager | Executive and Management | 592,600 INR |
| Operational Manager | Executive and Management | 597,800 INR |
| Operations Analyst | Executive and Management | 498,000 INR |
| Operations Assistant | Executive and Management | 414,000 INR |
| Operations Director | Executive and Management | 637,500 INR |
| Operations Executive | Executive and Management | 618,800 INR |
| Operations Manager | Executive and Management | 637,500 INR |
| Operations Supervisor | Executive and Management | 525,700 INR |
| PMO Manager | Executive and Management | 533,100 INR |
| Planning Director | Executive and Management | 603,400 INR |
| Policy Administration Executive | Executive and Management | 485,300 INR |
| Private Sector Executive | Executive and Management | 504,400 INR |
| Product Development Manager | Executive and Management | 568,500 INR |
| Product Executive | Executive and Management | 498,000 INR |
| Production Executive | Executive and Management | 575,100 INR |
| Production Manager | Executive and Management | 575,100 INR |
| Production Supervisor | Executive and Management | 485,300 INR |
| Program Director | Executive and Management | 592,600 INR |
| Program Manager | Executive and Management | 592,600 INR |
| Programme Coordinator | Executive and Management | 407,300 INR |
| Project Control Manager | Executive and Management | 592,600 INR |
| Project Coordinator | Executive and Management | 351,900 INR |
| Project Management Officer | Executive and Management | 403,100 INR |
| Project Manager | Executive and Management | 428,400 INR |
| Project Portfolio Manager | Executive and Management | 454,900 INR |
| Quality Manager | Executive and Management | 460,500 INR |
| R/D Director | Executive and Management | 510,000 INR |
| Regional Director | Executive and Management | 782,500 INR |
| Regional Manager | Executive and Management | 589,400 INR |
| Relationship Manager | Executive and Management | 563,300 INR |
| Retail District Manager | Executive and Management | 403,100 INR |
| Revenue Manager | Executive and Management | 450,300 INR |
| Risk Officer | Executive and Management | 430,500 INR |
| Risk and Capital Manager | Executive and Management | 645,800 INR |
| Safety Manager | Executive and Management | 428,400 INR |
| Section Head | Executive and Management | 437,300 INR |
| Service Manager | Executive and Management | 454,900 INR |
| Shift Supervisor | Executive and Management | 351,900 INR |
| Solutions Manager | Executive and Management | 403,100 INR |
| Supervisor | Executive and Management | 351,900 INR |
| Supply Chain Manager | Executive and Management | 603,400 INR |
| Surveyor | Executive and Management | 397,900 INR |
| Technical Director | Executive and Management | 545,300 INR |
| Technical Manager | Executive and Management | 545,300 INR |
| Territory Manager | Executive and Management | 563,300 INR |
| Validation Manager | Executive and Management | 485,300 INR |
| Vice President | Executive and Management | 689,900 INR |
| Zone Manager | Executive and Management | 592,600 INR |
Salary Comparison by City
If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Ahmadabad | 598,600 INR |
| Bangalore | 608,500 INR |
| Bhopal | 501,400 INR |
| Chennai | 588,500 INR |
| Coimbatore | 489,600 INR |
| Delhi | 574,200 INR |
| Ghaziabad | 501,400 INR |
| Hyderabad | 606,400 INR |
| Indore | 539,700 INR |
| Jaipur | 566,900 INR |
| Kanpur | 524,300 INR |
| Kolkata | 563,300 INR |
| Lucknow | 552,400 INR |
| Ludhiana | 501,400 INR |
| Madurai | 475,700 INR |
| Mumbai | 588,500 INR |
| Nagpur | 562,600 INR |
| Patna | 519,300 INR |
| Pimpri-Chinchwad | 520,900 INR |
| Pune | 563,300 INR |
| Surat | 548,500 INR |
| Vadodara | 492,400 INR |
| Visakhapatnam | 499,300 INR |
| agra | 504,400 INR |
Salary Comparison by State
The table below includes links to the average salary for each state in India.
| State | Average Salary |
|---|---|
| Andaman & Nicobar Islands | 442,200 INR |
| Andhra Pradesh | 590,200 INR |
| Arunachal Pradesh | 514,800 INR |
| Assam | 555,800 INR |
| Bihar | 643,800 INR |
| Chandigarh | 453,200 INR |
| Chhatisgarh | 552,400 INR |
| Dadra & Nagar Haveli | 478,100 INR |
| Daman & Diu | 436,200 INR |
| Delhi | 544,800 INR |
| Goa | 513,300 INR |
| Gujarat | 583,000 INR |
| Haryana | 556,000 INR |
| Himachal Pradesh | 502,200 INR |
| Jammu & Kashmir | 531,700 INR |
| Jharkhand | 597,800 INR |
| Karnataka | 583,000 INR |
| Kerala | 578,500 INR |
| Lakshadweep | 424,300 INR |
| Madhya Pradesh | 607,400 INR |
| Manipur | 493,000 INR |
| Meghalaya | 507,300 INR |
| Mizoram | 499,300 INR |
| Nagaland | 489,500 INR |
| Orissa | 592,200 INR |
| Pondicherry | 462,300 INR |
| Punjab | 556,000 INR |
| Rajasthan | 627,900 INR |
| Sikkim | 453,200 INR |
| Tamil Nadu | 607,400 INR |
| Tripura | 538,600 INR |
| Uttar Pradesh | 649,700 INR |
| Uttaranchal | 519,300 INR |
| West Bengal | 596,100 INR |
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