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FINANCE & BANKING / SALARY
Average Salary - Finance & Banking / India INDIA

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SALARY SURVEYS

788

 UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
83.19 INR = 1 USD

2,072,878 INR

$24,918 USD
Bangalore

1,992,435 INR

582,316 INR

$7,000 USD
Including "Bangalore"
Excluding "Bangalore"
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Average Salary / Finance & Banking / India

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Average salary for Finance & Banking / India is 2,072,878 INR per year. The most typical earning is 582,316 INR. All data are based on 788 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,112,975 INR. Women receive a salary of 1,522,340 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 3,069,637 INR. The second most paid education level is Masters Degree with salary of 2,112,975 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 4,766,672 INR. Employees with 20+ Years of experience receive 3,419,026 INR.

Levels / Finance & Banking / India (Gross INR)

Salary Levels (INR) per Year Surveys [%]
83,200 INR - 166,299 INR
0 n/a
166,400 INR - 249,499 INR
0 n/a
249,600 INR - 415,899 INR
37 100%
4.7%
THE MOST TYPICAL SALARY
415,900 INR - 831,799 INR
149 95.3%
18.91%
831,900 INR - 1,247,699 INR
133 76.4%
16.88%
1,247,800 INR - 1,663,699 INR
119 59.52%
15.1%
1,663,800 INR - 2,079,599 INR
73 44.42%
9.26%
2,079,700 INR - 2,495,599 INR
58 35.15%
7.36%
2,495,600 INR - 2,911,499 INR
74 27.79%
9.39%
2,911,600 INR - 3,327,399 INR
38 18.4%
4.82%
3,327,500 INR - 3,743,399 INR
16 13.58%
2.03%
3,743,500 INR - 4,159,299 INR
19 11.55%
2.41%
4,159,400 INR - 4,575,299 INR
13 9.14%
1.65%
4,575,300 INR - 4,991,199 INR
8 7.49%
1.02%
4,991,300 INR - 5,407,099 INR
9 6.47%
1.14%
5,407,200 INR - 5,823,099 INR
8 5.33%
1.02%
5,823,200 INR - 6,238,999 INR
2 4.31%
0.25%
6,239,100 INR - 6,654,999 INR
5 4.06%
0.63%
6,655,000 INR - 7,070,899 INR
4 3.43%
0.51%
7,071,000 INR - 7,486,799 INR
1 2.92%
0.13%
7,486,900 INR - 7,902,799 INR
3 2.79%
0.38%
7,902,900 INR - 8,318,699 INR
5 2.41%
0.63%
8,318,800 INR - 8,734,699 INR
1 1.78%
0.13%
8,734,700 INR - 9,150,599 INR
1 1.65%
0.13%
9,150,700 INR - 9,566,499 INR
3 1.52%
0.38%
9,566,600 INR - 9,982,499 INR
1 1.14%
0.13%
9,982,600 INR - 10,398,399 INR
1 1.02%
0.13%
10,398,500 INR - 10,814,399 INR
0 n/a
10,814,400 INR - 11,230,299 INR
0 n/a
11,230,400 INR - 11,646,199 INR
2 0.89%
0.25%
11,646,300 INR - 12,062,199 INR
0 n/a
12,062,300 INR - 12,478,099 INR
0 n/a
HIGH SALARIES
12,478,200 INR - 13,309,999 INR
1 0.63%
0.13%
13,310,100 INR - 14,141,899 INR
1 0.51%
0.13%
14,142,000 INR - 14,973,799 INR
0 n/a
14,973,800 INR - 15,805,599 INR
1 0.38%
0.13%
15,805,700 INR - 16,637,499 INR
1 0.25%
0.13%
16,637,600 INR - 17,469,399 INR
0 n/a
17,469,500 INR - 18,301,299 INR
0 n/a
18,301,400 INR - 19,133,199 INR
0 n/a
19,133,200 INR - 19,964,999 INR
0 n/a
19,965,100 INR - 20,796,899 INR
1 0.13%
0.13%
20,797,000 INR - 29,115,799 INR
0 n/a
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Gender / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Men 641 2,112,975 INR
2 Women 95 1,522,340 INR

Education / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 43 3,069,637 INR
2 Masters Degree 519 2,112,975 INR
3 Bachelors Degree 218 1,830,136 INR
4 High School 3 1,247,820 INR
5 Some College 3 765,329 INR
6 Bellow H. School 2 532,403 INR

Experience / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 43 4,766,672 INR
2 20+ Years 33 3,419,026 INR
3 12-16 Years 84 3,344,157 INR
4 8-12 Years 164 2,171,206 INR
5 4-8 Years 235 1,688,716 INR
6 2-4 Years 141 1,355,964 INR
7 1-2 Years 35 1,164,632 INR
8 0-1 Year 53 956,662 INR

Age / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 51-55 5 5,041,193 INR
2 41-45 41 4,192,675 INR
3 46-50 15 3,327,520 INR
4 36-40 100 3,169,462 INR
5 n/a 52 2,628,740 INR
6 31-35 211 1,954,918 INR
7 26-30 275 1,605,528 INR
8 56-60 1 931,705 INR
9 21-25 86 890,111 INR
10 61-65 1 648,866 INR
11 14-20 1 524,084 INR

Work Type / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 14 2,137,931 INR
2 Permanent 729 2,096,337 INR
3 Contract 42 1,680,397 INR
4 Part Time 3 1,006,574 INR

Cities / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Madurai 1 5,598,552 INR
2 Jalandhar 1 3,968,067 INR
3 Ghaziabad 3 3,419,026 INR
4 Lucknow 3 2,678,653 INR
5 Mumbai 207 2,595,465 INR
6 Navi Mumbai 3 2,320,945 INR
7 Delhi 118 2,229,438 INR
8 --Other-- 9 2,021,468 INR
9 Bhubaneswar 4 2,021,468 INR
10 Bangalore 162 1,996,512 INR
11 Calcutta 38 1,921,642 INR
12 Hyderabad 58 1,796,860 INR
13 Pune 44 1,746,948 INR
14 Indore 3 1,738,629 INR
15 Chennai 76 1,622,166 INR
16 Guwahati 1 1,597,209 INR
17 Vijayawada 2 1,572,253 INR
18 Ahmedabad 14 1,555,615 INR
19 Vadodara 2 1,455,790 INR
20 Srinagar 1 1,397,558 INR
21 Surat 5 1,322,689 INR
22 Coimbatore 7 1,239,501 INR
23 Thane 2 1,073,125 INR
24 Ranchi 1 1,048,168 INR
25 Aurangabad 1 1,048,168 INR
26 Chandigarh 5 1,039,850 INR
27 Salem 1 1,006,574 INR
28 Nagpur 2 989,937 INR
29 Visakhapatnam 3 931,705 INR
30 Rajkot 1 765,329 INR
31 Agra 2 715,416 INR
32 Jaipur 1 665,504 INR
33 Faridabad 2 648,866 INR
34 Howrah 1 557,359 INR
35 Meerut 3 474,171 INR
36 Nashik 1 399,302 INR

Careers / Finance & Banking / India (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Hedge Fund Manager 6 4,192,675 INR
2 Risk Manager 53 3,127,868 INR
3 Economist 4 2,961,492 INR
4 Investment Manager 25 2,894,942 INR
5 Bank Manager 49 2,503,958 INR
6 Financial Adviser 23 2,454,046 INR
7 Tax Manager 14 2,454,046 INR
8 Finance Manager 128 2,304,307 INR
9 Financial Accountant 21 2,229,438 INR
10 Banks 63 2,162,888 INR
11 Other Finance Career 71 1,963,236 INR
12 MBA 104 1,913,324 INR
13 Chartered Financial Analyst 21 1,796,860 INR
14 Fund Manager 4 1,771,904 INR
15 Risk Analyst 44 1,713,672 INR
16 Mortgage Underwriter 8 1,680,397 INR
17 Financial Analyst 126 1,414,196 INR
18 Economy Engineer Lead 1 1,239,501 INR
19 Bank Cashier Lead 1 773,648 INR
20 Mortgage Adviser 5 748,692 INR
21 Stock Broker 4 682,141 INR
22 Financial Coordinator 4 648,866 INR
23 Bank Cashier 9 507,446 INR

People's individual salary examples (surveys)

Finance Controller
Posted 23 August 2023
City Education Experience Knowledge Gross salary / year
Chennai Masters Degree 16-20 Years Advanced 3,548,200 INR

Financial Copywriter
Posted 11 July 2023
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 0-1 Year Intermediate 302,800 INR

Account Manager
Posted 11 September 2022
City Education Experience Knowledge Gross salary / year
Delhi Bachelors Degree 0-1 Year Expert 843,900 INR

Analyst
Posted 11 September 2022
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 0-1 Year Basic 448,000 INR

Analyst
Posted 08 September 2022
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 0-1 Year Basic 448,000 INR

Chief Executive Officer
Posted 27 July 2022
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 16-20 Years Expert 5,209,600 INR

Business Development Manager
Posted 22 July 2022
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 2-4 Years Expert 1,876,700 INR

Analyst
Posted 19 July 2022
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 0-1 Year Intermediate 573,400 INR

Fi Head
Posted 14 June 2022
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 12-16 Years Expert 3,540,600 INR

Anlyst
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 1-2 Years Expert 1,431,800 INR

Underwriter
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years Advanced 1,072,900 INR

Consultant
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Bangalore Bachelors Degree 2-4 Years Advanced 2,065,300 INR

Financial Analyst
Posted 13 June 2022
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 4-8 Years Advanced 1,663,800 INR

Onboarding
Posted 10 June 2022
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years Expert 7,510,300 INR

Investment Associate
Posted 08 June 2022
City Education Experience Knowledge Gross salary / year
Bangalore Bachelors Degree 2-4 Years Intermediate 5,579,100 INR

Fund Accountant
Posted 25 May 2022
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 4-8 Years Intermediate 1,972,300 INR

Model Risk Analyst
Posted 27 March 2022
City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 0-1 Year Intermediate 2,129,300 INR

Specialist
Posted 21 March 2022
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 4-8 Years Advanced 2,008,700 INR

Avp(retail)
Posted 12 March 2022
City Education Experience Knowledge Gross salary / year
Jalandhar Masters Degree 4-8 Years Advanced 3,971,600 INR

Branch Manager
Posted 20 February 2022
City Education Experience Knowledge Gross salary / year
Guwahati Masters Degree 8-12 Years Advanced 1,599,900 INR

Regional Head
Posted 12 February 2022
City Education Experience Knowledge Gross salary / year
Bhubaneswar Masters Degree 12-16 Years Advanced 3,093,800 INR

Director
Posted 17 January 2022
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 16-20 Years Expert 4,536,700 INR

Investment Banker
Posted 14 January 2022
City Education Experience Knowledge Gross salary / year
Calcutta Masters Degree 0-1 Year Advanced 859,200 INR

Risk Analyst
Posted 24 November 2021
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Advanced 744,600 INR

Risk Officer
Posted 20 November 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 4-8 Years Advanced 2,176,700 INR

Financial Planning And Analysis Manager
Posted 19 November 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 4-8 Years Advanced 3,628,200 INR

Banking Analytics
Posted 16 November 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 8-12 Years Expert 5,957,300 INR

Operational Risk Analyst
Posted 22 October 2021
City Education Experience Knowledge Gross salary / year
Chennai Masters Degree 2-4 Years Intermediate 973,700 INR

Manager
Posted 16 October 2021
City Education Experience Knowledge Gross salary / year
Indore Masters Degree 8-12 Years Advanced 1,603,900 INR

Analyst
Posted 12 October 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 0-1 Year Advanced 801,900 INR

Analyst
Posted 08 October 2021
City Education Experience Knowledge Gross salary / year
Delhi Bachelors Degree 0-1 Year Basic 515,500 INR

Associate Director
Posted 21 September 2021
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Expert 3,105,800 INR

Finance System Analyst
Posted 16 September 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 4-8 Years Expert 1,300,200 INR

Loan Officer
Posted 22 August 2021
City Education Experience Knowledge Gross salary / year
Faridabad Bachelors Degree 2-4 Years Intermediate 916,500 INR

Research Analyst
Posted 15 July 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 4-8 Years Expert 939,400 INR

Assistant Manager
Posted 13 July 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 2-4 Years Advanced 1,386,200 INR

Asscociate
Posted 08 July 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 2-4 Years Advanced 801,900 INR

Analyst
Posted 23 June 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 0-1 Year Advanced 687,400 INR

Associate Manager- M&a
Posted 09 June 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 2-4 Years Advanced 1,374,800 INR

Lead
Posted 09 June 2021
City Education Experience Knowledge Gross salary / year
Delhi Masters Degree 4-8 Years Advanced 1,603,900 INR

Manager
Posted 07 June 2021
City Education Experience Knowledge Gross salary / year
Calcutta Bachelors Degree 16-20 Years Expert 1,141,000 INR

Investment Banking
Posted 20 May 2021
City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Advanced 4,124,300 INR

Relationship Manager
Posted 02 May 2021
City Education Experience Knowledge Gross salary / year
Hyderabad Masters Degree 8-12 Years Advanced 1,260,100 INR

Manager
Posted 05 April 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 16-20 Years n/a 1,657,100 INR

Senior Analyst
Posted 27 March 2021
City Education Experience Knowledge Gross salary / year
Pune Bachelors Degree 2-4 Years n/a 1,714,300 INR

Assistant Manager
Posted 25 March 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 2-4 Years n/a 1,222,900 INR

Senior Analyst
Posted 20 March 2021
City Education Experience Knowledge Gross salary / year
Pune Masters Degree 8-12 Years n/a 1,714,300 INR

Deputy Manager
Posted 15 March 2021
City Education Experience Knowledge Gross salary / year
Chennai Bachelors Degree 12-16 Years n/a 799,900 INR

Senior Underwriting Analyst
Posted 15 March 2021
City Education Experience Knowledge Gross salary / year
Hyderabad Masters Degree 8-12 Years n/a 1,457,100 INR

Consultant
Posted 11 March 2021
City Education Experience Knowledge Gross salary / year
Bangalore Masters Degree 4-8 Years n/a 880,800 INR


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