Salary HOME COUNTRIES STATES (US) CITIES CAREER GROUPS CAREERS

FINANCE & BANKING / SALARY
Average Salary - Finance & Banking / Mumbai MUMBAI

  1. Home
  2. India
  3. Mumbai
  4. Finance & Banking
SALARY SURVEYS

208

 UPDATED
July 2024
About salary data?
CALCULATE YOUR OPTIMUM SALARY!
(based on your career and experience)
AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
83.36 INR = 1 USD

2,621,058 INR

$31,441 USD
Bangalore

1,996,659 INR

583,550 INR

$7,000 USD
Including "Bangalore"
Excluding "Bangalore"

Average Salary / Finance & Banking / Mumbai

Average salary for Finance & Banking / Mumbai is 2,621,058 INR per year. The most typical earning is 583,550 INR. All data are based on 208 salary surveys. Salaries are different between men and women. Men receive an average salary of 2,625,977 INR. Women receive a salary of 1,633,941 INR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of 3,593,003 INR. The second most paid education level is Masters Degree with salary of 2,592,631 INR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 6,752,512 INR. Employees with 20+ Years of experience receive 5,485,374 INR.

Levels / Finance & Banking / Mumbai (Gross INR)

Salary Levels (INR) per Year Surveys [%]
83,400 INR - 166,599 INR
0 n/a
166,700 INR - 249,999 INR
0 n/a
250,100 INR - 416,699 INR
8 100%
3.85%
THE MOST TYPICAL SALARY
416,800 INR - 833,599 INR
29 96.15%
13.94%
833,600 INR - 1,250,399 INR
26 82.21%
12.5%
1,250,500 INR - 1,667,199 INR
26 69.71%
12.5%
1,667,300 INR - 2,083,999 INR
22 57.21%
10.58%
2,084,100 INR - 2,500,799 INR
23 46.63%
11.06%
2,500,900 INR - 2,917,699 INR
23 35.58%
11.06%
2,917,800 INR - 3,334,499 INR
10 24.52%
4.81%
3,334,600 INR - 3,751,299 INR
4 19.71%
1.92%
3,751,400 INR - 4,168,099 INR
7 17.79%
3.37%
4,168,200 INR - 4,584,999 INR
3 14.42%
1.44%
4,585,000 INR - 5,001,799 INR
2 12.98%
0.96%
5,001,900 INR - 5,418,599 INR
5 12.02%
2.4%
5,418,700 INR - 5,835,399 INR
3 9.62%
1.44%
5,835,500 INR - 6,252,199 INR
0 n/a
6,252,300 INR - 6,669,099 INR
3 8.17%
1.44%
6,669,100 INR - 7,085,899 INR
2 6.73%
0.96%
7,086,000 INR - 7,502,699 INR
0 n/a
7,502,800 INR - 7,919,499 INR
3 5.77%
1.44%
7,919,600 INR - 8,336,399 INR
1 4.33%
0.48%
8,336,400 INR - 8,753,199 INR
1 3.85%
0.48%
8,753,300 INR - 9,169,999 INR
0 n/a
9,170,100 INR - 9,586,799 INR
1 3.37%
0.48%
9,586,900 INR - 10,003,599 INR
1 2.88%
0.48%
10,003,700 INR - 10,420,499 INR
1 2.4%
0.48%
10,420,500 INR - 10,837,299 INR
0 n/a
10,837,400 INR - 11,254,099 INR
0 n/a
11,254,200 INR - 11,670,899 INR
1 1.92%
0.48%
11,671,000 INR - 12,087,699 INR
0 n/a
12,087,800 INR - 12,504,599 INR
0 n/a
HIGH SALARIES
12,504,700 INR - 13,338,199 INR
0 n/a
13,338,300 INR - 14,171,899 INR
1 1.44%
0.48%
14,171,900 INR - 15,005,499 INR
0 n/a
15,005,600 INR - 15,839,099 INR
1 0.96%
0.48%
15,839,200 INR - 16,672,799 INR
0 n/a
16,672,900 INR - 17,506,399 INR
0 n/a
17,506,500 INR - 18,340,099 INR
0 n/a
18,340,200 INR - 19,173,699 INR
0 n/a
19,173,800 INR - 20,007,399 INR
0 n/a
20,007,400 INR - 20,840,999 INR
1 0.48%
0.48%
20,841,100 INR - 29,177,499 INR
0 n/a

Gender / Finance & Banking / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Men 171 2,625,977 INR
2 Women 22 1,633,941 INR

Education / Finance & Banking / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Doctorate Degree 9 3,593,003 INR
2 Masters Degree 144 2,592,631 INR
3 Bachelors Degree 55 2,542,612 INR

Experience / Finance & Banking / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 16-20 Years 15 6,752,512 INR
2 20+ Years 7 5,485,374 INR
3 12-16 Years 21 4,143,208 INR
4 8-12 Years 37 2,517,603 INR
5 4-8 Years 64 1,884,034 INR
6 1-2 Years 9 1,842,352 INR
7 2-4 Years 42 1,792,333 INR
8 0-1 Year 13 975,362 INR

Age / Finance & Banking / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 41-45 15 5,360,327 INR
2 46-50 3 5,093,561 INR
3 n/a 15 4,059,843 INR
4 51-55 2 3,943,133 INR
5 36-40 26 3,918,124 INR
6 31-35 48 2,167,473 INR
7 26-30 79 2,009,080 INR
8 21-25 20 783,624 INR

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

# Surveys AVERAGE SALARY / YEAR
1 Self Employed 3 3,643,022 INR
2 Permanent 194 2,650,986 INR
3 Contract 11 1,817,342 INR

Careers / Finance & Banking / Mumbai (Gross INR)

# Surveys AVERAGE SALARY / YEAR
1 Bank Manager 6 7,002,605 INR
2 Economist 3 5,527,056 INR
3 Hedge Fund Manager 2 4,426,646 INR
4 Other Finance Career 19 3,601,339 INR
5 Risk Manager 18 3,593,003 INR
6 Investment Manager 12 3,167,845 INR
7 Financial Adviser 10 3,042,798 INR
8 Finance Manager 32 2,701,004 INR
9 Financial Accountant 7 2,317,528 INR
10 Banks 11 2,259,173 INR
11 MBA 29 1,984,071 INR
12 Tax Manager 2 1,942,389 INR
13 Risk Analyst 15 1,925,716 INR
14 Chartered Financial Analyst 3 1,558,913 INR
15 Financial Analyst 33 1,492,221 INR
16 Mortgage Underwriter 1 1,075,400 INR
17 Stock Broker 2 858,652 INR
18 Fund Manager 2 625,232 INR
19 Bank Cashier 1 516,858 INR

People's individual salary examples (surveys)

50/50  Chief (Man)
Posted 23 April 2024

What I do?

"Macro."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 12-16 Years Advanced 7,616,100 INR

49/50  Analyst (Man)
Posted 11 September 2022

What I do?

"Basic research."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 0-1 Year Basic 448,900 INR

48/50  Analyst (Man)
Posted 08 September 2022

What I do?

"AML research."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 0-1 Year Basic 448,900 INR

47/50  Chief Executive Officer (Man)
Posted 27 July 2022

What I do?

"Top Management, P&L."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 16-20 Years Expert 5,220,600 INR

46/50  Analyst (Man)
Posted 19 July 2022

What I do?

"Analysis of financial statements."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 0-1 Year Intermediate 574,600 INR

45/50  Underwriter (Man)
Posted 13 June 2022

What I do?

"Banking."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years Advanced 1,075,200 INR

44/50  Onboarding (Man)
Posted 10 June 2022

What I do?

"Innovator, MBA, Product Knowledge, Analytics, Client Relationship Management."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years Expert 7,526,200 INR

43/50  Model Risk Analyst (Man)
Posted 27 March 2022

What I do?

"Machine Learning."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 0-1 Year Intermediate 2,133,800 INR

42/50  Risk Analyst (Woman)
Posted 24 November 2021

What I do?

"Analysis."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Advanced 746,200 INR

41/50  Associate Director (Man)
Posted 21 September 2021

What I do?

"Risk model development."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Expert 3,112,400 INR

40/50  Investment Banking (Man)
Posted 20 May 2021

What I do?

"Investment banking."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years Advanced 4,133,000 INR

39/50  Fund Servicing (Man)
Posted 27 February 2021

What I do?

"NAV calculation, corporate action management, collateral management."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 1,947,000 INR

38/50  Rating Analyst (Man)
Posted 12 December 2020

What I do?

"Rating analyst, corporate finance certificate."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 553,800 INR

37/50  Director (Man)
Posted 10 December 2020

What I do?

"MBA finance, Relationship management."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 20+ Years n/a 6,995,600 INR

36/50  Vice President (Man)
Posted 19 November 2020

What I do?

"Manage key account in a life insurance company."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 16-20 Years n/a 6,412,600 INR

35/50  Risk Associate (Man)
Posted 03 November 2020

What I do?

"Data extraction and aggregation. Perform data analysis and present allowance numbers to regulators."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 9,910,500 INR

34/50  Assistant Manager (Man)
Posted 28 October 2020

What I do?

"Analysis, cfa, data."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 2,215,200 INR

33/50  Senior Research Associate (Man)
Posted 11 October 2020

What I do?

"CFA, MBA, sell side equity research."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 1,725,600 INR

32/50  Senior Associate (Man)
Posted 14 September 2020

What I do?

"Fund Accounting, reconciliation."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 816,100 INR

31/50  Zonal Manager (Man)
Posted 01 September 2020

What I do?

"Cfe certified fraud examiner frsud investigation."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 20+ Years n/a 4,080,800 INR

30/50  Senior Manager Finance (Man)
Posted 01 September 2020

What I do?

"Finance, Taxation Audit, Bank finance, Corporate finance budgeting."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 20+ Years n/a 2,635,000 INR

29/50  Economist (Man)
Posted 09 July 2020

What I do?

"Forecast, Macro research, fixed income analytics."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 12-16 Years n/a 7,811,800 INR

28/50  Fundmanager (Man)
Posted 24 May 2020

What I do?

"Investment portfolio management."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 20+ Years n/a 11,659,400 INR

27/50  Area Sales Manager (Man)
Posted 14 May 2020

What I do?

"Sales of EDC machines."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 1-2 Years n/a 699,500 INR

26/50  Manager (Man)
Posted 11 May 2020

What I do?

"Product manager."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 2,390,100 INR

25/50  Analyst (Man)
Posted 09 May 2020

What I do?

"Financial analyst."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 0-1 Year n/a 699,500 INR

24/50  Head Of Reporting (Man)
Posted 08 May 2020

What I do?

"Reporting, control, budgeting & planning."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 16-20 Years n/a 8,744,600 INR

23/50  Investment Associate (Man)
Posted 14 April 2020

What I do?

"Equity Research."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 4-8 Years n/a 1,107,600 INR

22/50  Business Process Manager (Man)
Posted 09 April 2020

What I do?

"Porcess management, Project Management, Business Analyt."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 2,157,000 INR

21/50  Hhhhhhhh (Man)
Posted 26 February 2020

What I do?

"Hhhhhhhhhhhhhhhhhh."

City Education Experience Knowledge Gross salary / year
Mumbai Doctorate Degree 4-8 Years n/a 583,000 INR

20/50  Dealing (Man)
Posted 06 February 2020

What I do?

"I am bechlor in commerce, working in stock broking industry from past 15 years, sales, marketing, dealing, client service and helping client with their financial planning with mutual fund and other financial product."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 12-16 Years n/a 384,700 INR

19/50  Analyst (Man)
Posted 29 January 2020

What I do?

"Excel modeling and valuation."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 8,161,600 INR

18/50  Analyst (Woman)
Posted 27 January 2020

What I do?

"Market risk analyst."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 2-4 Years n/a 1,399,100 INR

17/50  Business Analyst (Woman)
Posted 22 January 2020

What I do?

"Risk Management."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 326,500 INR

16/50  Risk Analyst (Man)
Posted 23 December 2019

What I do?

"I am risk analyst."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 0-1 Year n/a 815,600 INR

15/50  Research Associate (Man)
Posted 12 December 2019

What I do?

"Equity Research."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 1-2 Years n/a 1,048,600 INR

14/50  Manager (Man)
Posted 09 December 2019

What I do?

"Manager work on computer."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 0-1 Year n/a 349,500 INR

13/50  Investment Advisor (Man)
Posted 25 November 2019

What I do?

"Advising on investment."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 12-16 Years n/a 1,398,100 INR

12/50  Analyst (Man)
Posted 21 November 2019

What I do?

"Credit analyst in insurance."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 2,504,900 INR

11/50  Senior Consultant (Woman)
Posted 17 November 2019

What I do?

"Ernst & young - Forensics."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 1,595,000 INR

10/50  Regional Head Sales (Man)
Posted 28 October 2019

What I do?

"Acquisition of new customers for working capital facilities. Managing existing portfolio as well."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 2,737,900 INR

9/50  Product Manager (Man)
Posted 26 October 2019

What I do?

"I handle the complete lending business for a particular zone."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 2,155,400 INR

8/50  Credit Administration (Man)
Posted 20 October 2019

What I do?

"Cad post sanction activities."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 12-16 Years n/a 5,126,500 INR

7/50  Quantitative Credit Risk Analyst (Man)
Posted 19 October 2019

What I do?

"Risk model development and Analysis."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 2,330,200 INR

6/50  Wealth Manager (Man)
Posted 14 October 2019

What I do?

"Financial sales."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 2-4 Years n/a 873,800 INR

5/50  Senior Manager Finance (Man)
Posted 18 September 2019

What I do?

"Financial Planning and Analysis Pricing and Contract Modelling Contract Negotiations."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 8-12 Years n/a 4,136,100 INR

4/50  Consultant (Man)
Posted 10 September 2019

What I do?

"I do all the exciting stuff in my team."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 4-8 Years n/a 1,165,100 INR

3/50  Assistant Manager Finance (Man)
Posted 29 August 2019

What I do?

"Financial Planning and analysis."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 8-12 Years n/a 2,796,200 INR

2/50  Associate Director (Man)
Posted 28 August 2019

What I do?

"M&A advisory, commercial due diligence."

City Education Experience Knowledge Gross salary / year
Mumbai Masters Degree 8-12 Years n/a 4,893,400 INR

1/50  Finance Officer (Woman)
Posted 05 August 2019

What I do?

"Reconciliation, invoices, expenses."

City Education Experience Knowledge Gross salary / year
Mumbai Bachelors Degree 4-8 Years n/a 1,165,100 INR


Home · About · Privacy policy · Site map · Xml · PT · ES · IT · DE · SL ·
AR · BG · ZH · HR · CS · DA · NL · ET · FI · EL · HU · IS · ID · GA · JA · KO · LV · LT · MK · NO · PL · RO · RU · SR · SK · SV · TR · UK · CY

© www.averagesalarysurvey.com
2011 - 2024