FINANCIAL ADVISER / SALARY
MUMBAI

SALARY SURVEYS

10

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

83.19 INR = 1 USD

3,033,201 INR

$36,462 USD

Bangalore

1,154,316 INR

1,414,196 INR

$17,000 USD

Including "Bangalore"

Excluding "Bangalore"

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Average Salary / Financial Adviser / Mumbai

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Average salary for Financial Adviser / Mumbai is 3,033,201 INR per year. The most typical earning is 1,414,196 INR. All data are based on 10 salary surveys. Salaries are different between men and women. Men receive an average salary of 3,194,419 INR. Women receive a salary of 1,588,890 INR.

Based on education, the highest salaries receive people with Bachelors Degree with salary of 3,676,909 INR. The second most paid education level is Masters Degree with salary of 2,869,986 INR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of 6,979,473 INR. Employees with 8-12 Years of experience receive 3,959,748 INR.

Levels / Financial Adviser / Mumbai (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	1	100% 10%
415,900 INR - 831,799 INR	1	90% 10%
831,900 INR - 1,247,699 INR	0	n/a
THE MOST TYPICAL SALARY
1,247,800 INR - 1,663,699 INR	2	80% 20%
1,663,800 INR - 2,079,599 INR	1	60% 10%
2,079,700 INR - 2,495,599 INR	0	n/a
2,495,600 INR - 2,911,499 INR	1	50% 10%
2,911,600 INR - 3,327,399 INR	0	n/a
3,327,500 INR - 3,743,399 INR	0	n/a
3,743,500 INR - 4,159,299 INR	0	n/a
4,159,400 INR - 4,575,299 INR	1	40% 10%
4,575,300 INR - 4,991,199 INR	1	30% 10%
4,991,300 INR - 5,407,099 INR	1	20% 10%
5,407,200 INR - 5,823,099 INR	0	n/a
5,823,200 INR - 6,238,999 INR	0	n/a
6,239,100 INR - 6,654,999 INR	0	n/a
6,655,000 INR - 7,070,899 INR	1	10% 10%
7,071,000 INR - 7,486,799 INR	0	n/a
7,486,900 INR - 7,902,799 INR	0	n/a
7,902,900 INR - 8,318,699 INR	0	n/a
8,318,800 INR - 8,734,699 INR	0	n/a
8,734,700 INR - 9,150,599 INR	0	n/a
9,150,700 INR - 9,566,499 INR	0	n/a
9,566,600 INR - 9,982,499 INR	0	n/a
9,982,600 INR - 10,398,399 INR	0	n/a
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	0	n/a
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	0	n/a
13,310,100 INR - 14,141,899 INR	0	n/a
14,142,000 INR - 14,973,799 INR	0	n/a
14,973,800 INR - 15,805,599 INR	0	n/a
15,805,700 INR - 16,637,499 INR	0	n/a
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	0	n/a
20,797,000 INR - 29,115,799 INR	0	n/a

Gender / Financial Adviser / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	9	3,194,419 INR
2	Women	1	1,588,890 INR

Education / Financial Adviser / Mumbai (Gross INR)

#		Surveys		AVERAGE SALARY / YEAR
1	Bachelors Degree	2	3,676,909 INR
2	Masters Degree	8	2,869,986 INR

Experience / Financial Adviser / Mumbai (Gross INR)

#		Surveys
1	20+ Years	1	6,979,473 INR
2	8-12 Years	3	3,959,748 INR
3	12-16 Years	2	3,369,114 INR
4	4-8 Years	2	1,788,542 INR
5	2-4 Years	1	798,604 INR
6	1-2 Years	1	366,027 INR

Age / Financial Adviser / Mumbai (Gross INR)

#		Surveys
1	46-50	1	6,979,473 INR
2	36-40	1	5,332,351 INR
3	31-35	3	3,959,748 INR
4	26-30	2	1,788,542 INR
5	41-45	1	1,397,558 INR
6	21-25	2	582,316 INR

Work Type / Financial Adviser / Mumbai (Gross INR)

#		Surveys
1	Self Employed	1	6,979,473 INR
2	Contract	2	3,127,868 INR
3	Permanent	7	2,445,727 INR

People's individual salary examples (surveys)

Director

Posted 10 December 2020
Key knowledge and tasks

"MBA finance, Relationship management."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Bachelors Degree	20+ Years	n/a	6,980,800 INR

Investment Advisor

Posted 25 November 2019
Key knowledge and tasks

"Advising on investment."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	12-16 Years	n/a	1,395,100 INR

Senior Consultant

Posted 17 November 2019
Key knowledge and tasks

"Ernst & young - Forensics."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	1,591,600 INR

Associate Director

Posted 28 August 2019
Key knowledge and tasks

"M&A advisory, commercial due diligence."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	4,883,100 INR

Treasury Dealer

Posted 22 September 2018
Key knowledge and tasks

"Forex sales and trading."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	4,276,000 INR

Senior Manager Institutional Sales

Posted 17 August 2018
Key knowledge and tasks

"Institutional Sales, Relationship Management."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	8-12 Years	n/a	2,721,100 INR

Manager

Posted 22 December 2017
Key knowledge and tasks

"Investment Banking. Buy side and sell side."

City	Education	Experience	Knowledge	Gross salary / year
Mumbai	Masters Degree	4-8 Years	n/a	1,981,200 INR

FINANCIAL ADVISER / SALARY MUMBAI

10