Financial Manager salary in India

Gross annual earnings — 2022 · Asia · Source: ILO / Life Indexed estimate

Average salary INR 1,718,100 per year (2022)
Minimum INR 1,116,800 per year
Maximum INR 2,491,200 per year
Monthly (est.) INR 143,175 per month
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Financial Manager salary in India over time

Financial Manager salary — Asia comparison

How India compares to other Asia countries

Country Average salary (2022) vs India
India INR 1,718,100/yr
Vietnam VND 304,290,000/yr local currency
Indonesia IDR 232,502,400/yr local currency
South Korea KRW 67,763,500/yr local currency
Japan JPY 8,389,300/yr local currency
Sri Lanka LKR 4,239,400/yr local currency
Pakistan PKR 3,222,600/yr local currency
Taiwan TWD 1,512,800/yr local currency
Bangladesh BDT 1,093,000/yr local currency

Financial Manager salary worldwide

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Frequently asked questions about Financial Manager salaries in India

What is the average Financial Manager salary in India in 2022?

The average financial manager salary in India in 2022 is INR 1,718,100 per year (INR 143,175 per month, or INR 33,040 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Financial Manager in India?

Financial Managers in India earn between INR 1,116,800 and INR 2,491,200 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Financial Manager earn per month in India?

A financial manager in India earns approximately INR 143,175 per month (gross) in 2022, based on an annual average of INR 1,718,100. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in India.

What is the entry-level Financial Manager salary in India?

Entry-level financial managers in India typically earn between INR 1,116,800 and INR 1,460,400 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Financial Manager salary in India increasing?

Yes. Based on available data, Financial Manager salaries in India have grown by approximately 23% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is INR 1,718,100 a good salary for a Financial Manager in India?

Whether INR 1,718,100 per year is a good financial manager salary in India depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Financial Manager salary in India compare to other Asia countries?

India's financial manager salary of INR 1,718,100/yr (among comparable economies) is higher than 2 countries and lower than 6 countries in the Asia region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.