Finance Manager

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Finance Manager Salary in Banking in India

based on 528 latest salaries

Average Annual Salary

11.5 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

1 Lakh - ₹ 1.1 Lakh

Finance Manager salary in India ranges between ₹ 2.8 Lakhs to ₹ 24.0 Lakhs with an average annual salary of ₹ 11.5 Lakhs. Salary estimates are based on 528 latest salaries received from Finance Managers.

Last Updated: 28 June, 2024

Salaries in different departments

Finance & Accounting
Finance Manager Salary
3 - 17 years exp. (320 salaries)
11.9 Lakhs

₹2.8 L/yr - ₹24 L/yr

BFSI, Investments & Trading
Finance Manager Salary
3 - 14 years exp. (44 salaries)
8.1 Lakhs

₹3 L/yr - ₹21.9 L/yr

Customer Success, Service & Operations
Finance Manager Salary
6 - 17 years exp. (25 salaries)
15.3 Lakhs

₹10.8 L/yr - ₹24 L/yr

Sales & Business Development
Finance Manager Salary
5 - 13 years exp. (7 salaries)
3.9 Lakhs

₹3.5 L/yr - ₹18 L/yr

Administration & Facilities
Finance Manager Salary
5 - 12 years exp. (4 salaries)
4.8 Lakhs

₹3.5 L/yr - ₹6 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.

Finance Manager salary in India with less than 3 year of experience to 17 years ranges from ₹ 2.8 Lakhs to ₹ 24.0 Lakhs with an average annual salary of ₹ 11.5 Lakhs based on 528 latest salaries.

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Top Paying Companies for Finance Manager Select an experience to unlock

Company name Avg Annual Salary
53.2 Lakhs
45 Lakhs
44 Lakhs
43.5 Lakhs
43.4 Lakhs
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10.9 Lakhs
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26.4 Lakhs
₹13 L/yr - ₹39.6 L/yr

Top Skills for Finance Managers

based on 6,970 jobs

Skills

Jobs demanding the skill

1

Accounting

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2

Finance

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3

Financial Management

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4

Financial Reporting

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5

Budgeting

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Popular Banking Companies for Finance Manager in India

Company Name Avg Annual Salary
9 - 17 yrs exp. (214 salaries)

17.9 Lakhs

₹9.1 L/yr - ₹32 L/yr

1 - 5 yrs exp. (52 salaries)

11 Lakhs

₹3 L/yr - ₹30 L/yr

0 - 8 yrs exp. (48 salaries)

7.5 Lakhs

₹1.6 L/yr - ₹24 L/yr

3.4 Lakhs

₹1.4 L/yr - ₹6.3 L/yr

2 - 18 yrs exp. (27 salaries)

16.6 Lakhs

₹6 L/yr - ₹28 L/yr

1 - 17 yrs exp. (24 salaries)

14.7 Lakhs

₹6 L/yr - ₹21.7 L/yr

8 - 15 yrs exp. (24 salaries)

17.3 Lakhs

₹12.9 L/yr - ₹22 L/yr

1 - 9 yrs exp. (21 salaries)

3.2 Lakhs

₹1.8 L/yr - ₹5.6 L/yr

3 - 12 yrs exp. (19 salaries)

14.9 Lakhs

₹10.8 L/yr - ₹20 L/yr

7 - 14 yrs exp. (16 salaries)

22 Lakhs

₹11.6 L/yr - ₹34 L/yr

Salary related reviews by similar designations like Finance Manager

ICICI Bank

Credit Manager

4.0
posted on 16 Jun 2024

4.0 for Salary and Benefits

Likes

...ing experience (both good and bad ofcourse which is part of any job or company). Good place to start a career in banking with decent package as a fresher.

read more

Dislikes

No work from home option, work pressure with unrealistic targets

HDB Financial Services

Relationship Manager

3.0
posted on 18 Jun 2024

4.0 for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

read more

HSBC Group

Assistant Manager

4.0
posted on 20 Jun 2024

3.0 for Salary and Benefits

Likes

All over it's a good place to work. Work life balance depends on department and jobs role as it varies. Be in good team can be really helpful here. Work culture is good, mostly for female employees.

read more

Dislikes

Pay management is not that good as mostly underpaid. Not satisfied with package.

read more

HDFC Bank

Assistant Manager

3.0
posted on 20 May 2024

3.0 for Salary and Benefits

Likes

Salary gets credited in time

Dislikes

Terrible work culture , Abusive and demotivating mentors, Cut throat competition to achieve targets

Frequently Asked Questions about Finance Manager Salaries

What is the salary of a Finance Manager in India?
Average salary for a Finance Manager in India is 11.5 Lakhs per year (₹95.5k per month). Salary estimates are based on 528 latest salaries received from various Finance Managers across industries.
What are the top paying companies that employ Finance Managers?
What is the starting salary for a Finance Manager in India?
Average starting Salary for Finance Manager in India is around ₹2.8 Lakhs per year (₹23.3k per month). 3 years of minimum experience is required to be a Finance Manager.
What is the highest salary for a Finance Manager in India?
Highest salary that a Finance Manager can earn is ₹24.0 Lakhs per year (₹2.0L per month).
How does Finance Manager Salary in India change with experience?
An Entry Level Finance Manager with less than three years of experience earns an average salary of ₹7.4 Lakhs per year. A mid-career Finance Manager with 4-9 years of experience earns an average salary of ₹8.9 Lakhs per year, while an experienced Finance Manager with 10-20 years of experience earns an average salary of ₹17.6 Lakhs per year.
What are the top paying industries for Finance Manager in India?
What are the top paying cities for Finance Manager in India?
What are the popular/top skills required to become a Finance Manager?
These are the top skills of a Finance Manager based on 7k jobs posted by employers.
  • Accounting
  • Finance
  • Financial Management
  • Financial Reporting
  • Budgeting