Associate

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Associate Salary in Financial Services in India

based on 40.8k latest salaries

Average Annual Salary

11.1 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

36,040 - ₹ 37,265

Associate salary in India ranges between ₹ 2.0 Lakhs to ₹ 24.3 Lakhs with an average annual salary of ₹ 11.1 Lakhs. Salary estimates are based on 40.8k latest salaries received from Associates.

Last Updated: 19 July, 2024

Salaries in different departments

Finance & Accounting
Associate Salary
0 - 7 years exp. (11k salaries)
11.3 Lakhs

₹2 L/yr - ₹24.4 L/yr

BFSI, Investments & Trading
Associate Salary
0 - 7 years exp. (5.2k salaries)
11.5 Lakhs

₹2 L/yr - ₹24 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 7 years exp. (4.6k salaries)
11.2 Lakhs

₹2 L/yr - ₹24.3 L/yr

Engineering - Software & QA
Associate Salary
0 - 7 years exp. (3.6k salaries)
14.5 Lakhs

₹2 L/yr - ₹24.4 L/yr

Data Science & Analytics
Associate Salary
1 - 7 years exp. (1.2k salaries)
14 Lakhs

₹2 L/yr - ₹24 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Associate salary in India with less than 1 year of experience to 8 years ranges from ₹ 2.0 Lakhs to ₹ 24.3 Lakhs with an average annual salary of ₹ 11.1 Lakhs based on 40.8k latest salaries.

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Top Paying Companies for Associate Select an experience to unlock

Company name Avg Annual Salary
47.3 Lakhs
42.9 Lakhs
31.6 Lakhs
31 Lakhs
30.5 Lakhs
View more companies

Similar Designations

Senior Associate Salary
(45.6k salaries)
9.5 Lakhs
₹2.7 L/yr - ₹24 L/yr
Consultant Salary
(14.9k salaries)
16.9 Lakhs
₹4 L/yr - ₹24.2 L/yr
Team Lead Salary
(42k salaries)
8.9 Lakhs
₹2.7 L/yr - ₹20 L/yr
Developer Salary
(8.8k salaries)
6.8 Lakhs
₹3 L/yr - ₹10 L/yr
Associate Consultant Salary
(23.5k salaries)
18.3 Lakhs
₹5 L/yr - ₹27 L/yr
Lead Engineer Salary
(13.3k salaries)
10.6 Lakhs
₹5 L/yr - ₹23.9 L/yr
Technical Lead Salary
(33.4k salaries)
17.9 Lakhs
₹8 L/yr - ₹28.9 L/yr
Web Developer Salary
(2.6k salaries)
5.1 Lakhs
₹1.2 L/yr - ₹9 L/yr
Senior Engineer Salary
(6.5k salaries)
13.4 Lakhs
₹3.7 L/yr - ₹29 L/yr
System Engineer Salary
(90.8k salaries)
6 Lakhs
₹3.9 L/yr - ₹8.3 L/yr
Plsql Developer Salary
(2.1k salaries)
6.1 Lakhs
₹3 L/yr - ₹9 L/yr
Software Engineer Salary
(71.6k salaries)
9.1 Lakhs
₹3 L/yr - ₹16.9 L/yr
Senior Consultant Salary
(15.2k salaries)
21.1 Lakhs
₹8 L/yr - ₹30 L/yr
13.9 Lakhs
₹5.2 L/yr - ₹18.1 L/yr
6.8 Lakhs
₹3 L/yr - ₹10.5 L/yr
13.3 Lakhs
₹3.7 L/yr - ₹16.8 L/yr
Software Developer Salary
(39.7k salaries)
9.1 Lakhs
₹2.4 L/yr - ₹16 L/yr
8.3 Lakhs
₹2.5 L/yr - ₹14 L/yr
29.1 Lakhs
₹12 L/yr - ₹42 L/yr
16.4 Lakhs
₹5.1 L/yr - ₹26.5 L/yr
15.7 Lakhs
₹5 L/yr - ₹26 L/yr
12 Lakhs
₹3.6 L/yr - ₹23 L/yr

Top Skills for Associates

based on 36,240 jobs

Skills

Jobs demanding the skill

1

Consulting

View jobs

2

Operations

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3

Management

View jobs

5

Finance

View jobs

Popular Financial Services Companies for Associate in India

Company Name Avg Annual Salary
1 - 17 yrs exp. (11k salaries)

20.3 Lakhs

₹3 L/yr - ₹48 L/yr

2 - 16 yrs exp. (5.2k salaries)

17.5 Lakhs

₹4.6 L/yr - ₹33.3 L/yr

0 - 10 yrs exp. (4.9k salaries)

3.7 Lakhs

₹1 L/yr - ₹14.5 L/yr

0 - 12 yrs exp. (2.9k salaries)

10 Lakhs

₹3.3 L/yr - ₹23.5 L/yr

0 - 5 yrs exp. (2.8k salaries)

2.5 Lakhs

₹1.4 L/yr - ₹5.1 L/yr

1 - 9 yrs exp. (2.3k salaries)

21.9 Lakhs

₹5 L/yr - ₹55 L/yr

0 - 6 yrs exp. (1.9k salaries)

2.9 Lakhs

₹0.9 L/yr - ₹12 L/yr

0 - 4 yrs exp. (1.5k salaries)

4.4 Lakhs

₹2 L/yr - ₹8 L/yr

0 - 6 yrs exp. (1.5k salaries)

8 Lakhs

₹3.8 L/yr - ₹14.5 L/yr

0 - 5 yrs exp. (1.3k salaries)

3.9 Lakhs

₹2 L/yr - ₹8 L/yr

Salary reviews by Associate and similar roles

Deutsche Bank

Associate

4.0
posted on 07 May 2024

5.0 for Salary and Benefits

Likes

Salary is good. Projects and agile practices are good.

Dislikes

Strictness towards 3 days / week in office. Limited parking and desks. Tech lounge takes several hours to sort minor issues. 9 hours in office is too much!

read more

JPMorgan Chase & Co.

Associate

4.0
posted on 18 Jun 2024

4.0 for Salary and Benefits

Likes

Working in JPMorgan has been a great experience. Starting from package increament work life balance is been very good

read more

Dislikes

Only issue is here the technology they use is very old and knowledge growth become stagnent after some period of time

TCS

Associate

5.0
posted on 12 May 2024

4.0 for Salary and Benefits

Likes

work life balance and friendly environment

Dislikes

HIkes . salary package is not good for freshers. it will increase with 8% of basic salary which is very less. if u have experience u can come up with good package

read more

DBS Bank

Senior Associate

4.0
posted on 19 Jun 2024

3.0 for Salary and Benefits

Likes

Work Culture and Skill improvement. Job security.

Dislikes

Appraisal and Salary is less as compared to other banks. Dbs is Singapore bank, so every decision made in Singapore. DTI is worked like service base company who follows the order from Singapore management.

read more

Western Union

Senior Associate

4.0
posted on 01 May 2024

4.0 for Salary and Benefits

Likes

The company is great with Salary and perks, company culture is also very good. Everyone is friendly and team collaboration is great even with contractors.

read more

Dislikes

Long work hours and less work-life balance because of the work includes coordination with multiple timezones. Job Security is a risk if you are not performing well.

read more

Frequently Asked Questions about Associate Salaries

What is the salary of a Associate in India?
Average salary for a Associate in India is 11.1 Lakhs per year (₹92.7k per month). Salary estimates are based on 40.8k latest salaries received from various Associates across industries.
What are the top paying companies that employ Associates?
What is the starting salary for a Associate in India?
Average starting Salary for Associate in India is around ₹2.0 Lakhs per year (₹16.7k per month). No prior experience is required to be a Associate.
What is the highest salary for a Associate in India?
Highest salary that a Associate can earn is ₹24.3 Lakhs per year (₹2.0L per month).
How does Associate Salary in India change with experience?
An Entry Level Associate with less than three years of experience earns an average salary of ₹4.6 Lakhs per year. A mid-career Associate with 4-9 years of experience earns an average salary of ₹13.2 Lakhs per year, while an experienced Associate with 10-20 years of experience earns an average salary of ₹19.7 Lakhs per year.
What are the top paying industries for Associate in India?
What are the top paying cities for Associate in India?
What are the popular/top skills required to become a Associate?
These are the top skills of a Associate based on 36.2k jobs posted by employers.
  • Consulting
  • Operations
  • Management
  • Excel
  • Finance