Forex Manager
Annual salary range
₹3.6 Lakhs - ₹18 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byForex Manager Salary in Mumbai
based on 37
latest salaries
• updated:
8 Nov 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Forex Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(2
salaries)
|  ₹4 L/yr - ₹5.3 L/yr |
3
years
(3
salaries)
| ₹5 L/yr - ₹6 L/yr |
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| |
4
years
(4
salaries)
| ₹3.6 L/yr - ₹11 L/yr |
5
years
(3
salaries)
| ₹3.6 L/yr - ₹10.5 L/yr |
6
years
(2
salaries)
| ₹3.6 L/yr - ₹6.5 L/yr |
View all salaries by experience
Forex Manager Salary in
Mumbai ranges between ₹3.6
Lakhs to ₹18
Lakhs for
2 years of experience to 17 years of experience
. Salary estimates are based on
37 latest salaries received
from Forex Manager.
See latest salaries
Forex Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Forex Manager Salary
2 - 14
years
exp.
(18
salaries)
| ₹4 L/yr - ₹18 L/yr |
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| |
Finance & Accounting
Forex Manager Salary
4 - 9
years
exp.
(10
salaries)
| ₹3.6 L/yr - ₹10 L/yr |
Latest annual salaries shared by Forex Managers
3d ago
Bhushan Power & Steel
Forex Manager
15 years exp.
5d ago
IndusInd Bank
Forex Manager
4 years exp.
1w ago
IndusInd Bank
Forex Manager
4 years exp.
1w ago
Webcom Technologies
Forex Manager
10 years exp.
2w ago
Western Overseas
Forex Manager
10 years exp.
1mo ago
Bank of Baroda
Forex Manager
8 years exp.
1mo ago
Man Industries
Forex Manager
10 years exp.
2mo ago
IndusInd Bank
Forex Manager
2 years exp.
2mo ago
Muthoot Fincorp
Forex Manager
2 years exp.
2mo ago
Axis Bank
Forex Manager
6 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
7 -
9
yrs
exp.
.
Mumbai
(6 salaries)
|
₹10 L/yr - ₹16 L/yr | |
2 -
4
yrs
exp.
.
Mumbai
(5 salaries)
|
₹4 L/yr - ₹6 L/yr | |
Login to view exact salary
| ||
4 -
11
yrs
exp.
.
Mumbai
(4 salaries)
|
₹5.8 L/yr - ₹8 L/yr | |
4 -
8
yrs
exp.
.
Mumbai
(4 salaries)
|
₹3.6 L/yr - ₹8.5 L/yr | |
0 -
5
yrs
exp.
.
Mumbai
(3 salaries)
|
₹6 L/yr - ₹10.5 L/yr | |
8 -
10
yrs
exp.
.
Mumbai
(3 salaries)
|
₹13 L/yr - ₹18 L/yr | |
7 -
14
yrs
exp.
.
Mumbai
(3 salaries)
|
₹5 L/yr - ₹9 L/yr | |
14 -
15
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27.9 L/yr - ₹35.7 L/yr | |
Login to view exact salary
| ||
|
7 -
8
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
9 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹11.3 L/yr - ₹14.4 L/yr | |
Forex Manager Jobs in Mumbai
Forex Manager
· 5-6 years
Alvineient Consultant(opc)
₹0.7
L/yr
- ₹0.9
L/yr
Gurgaon / Gurugram
Forex Manager
· 7-12 years
Omni Recruit
Bangalore / Bengaluru
Similar Designation Salaries for Forex Manager
| Designations | Avg Annual Salary |
|---|---|
Chief Manager Salary
6 -
24
years
exp.
(4.4k salaries)
| ₹9.6 L/yr - ₹37.6 L/yr |
Forex Officer Salary
1 -
9
years
exp.
(21 salaries)
| ₹2.1 L/yr - ₹12 L/yr |
Login to view exact salary
| |
Cluster Manager Salary
4 -
16
years
exp.
(853 salaries)
| ₹4 L/yr - ₹18 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.8k salaries)
| ₹8 L/yr - ₹36 L/yr |
Manager Salary
4 -
16
years
exp.
(48.6k salaries)
| ₹5 L/yr - ₹29 L/yr |
View more similar designations
Salary related reviews by similar designations like Forex Manager
ICICI Bank
Deputy Manager in Hyderabad / Secunderabad
• posted on 01 Feb 2025
Likes
Job Security
- Job security - Good
Dislikes
I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.
read more- Work satisfaction - Poor
+1 more
HDFC Bank
Assistant Manager in Lucknow
• posted on 12 Jan 2025
Likes
Salary on time.
- Work-life balance - Good
Dislikes
Good but,very High pressure for operation staff for sales work with,sales target of casa,fd, insurance,sip, other, In this organization there is nothing in operation work in retail branch banking. If sales pressure trun off from service satff then no job is better of it.
read more- Promotions - Poor
+1 more
Bank of Baroda
Senior Manager in Dehradun
• posted on 25 Jun 2024
- Salary - Good
+1 more
Dislikes
Too much movement/transfers .no work life balance...no transparency
- Skill development - Poor
+1 more
Top skills for Forex Manager
Forex Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Kolkata
Forex Manager
3 -
15
years
exp.
| ₹2.4 L/yr - ₹13.4 L/yr |
New Delhi
Forex Manager
3 -
14
years
exp.
| ₹2.2 L/yr - ₹15 L/yr |
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| |
Bangalore / Bengaluru
Forex Manager
2 -
16
years
exp.
| ₹3.2 L/yr - ₹13 L/yr |
Pune
Forex Manager
2 -
17
years
exp.
| ₹4.5 L/yr - ₹15.8 L/yr |
Chennai
Forex Manager
3 -
10
years
exp.
| ₹3 L/yr - ₹15 L/yr |
View More
Forex Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Forex Manager
2 -
17
years
exp.
| ₹3 L/yr - ₹16 L/yr |
Banking
Forex Manager
2 -
17
years
exp.
| ₹4.3 L/yr - ₹16 L/yr |
Login to view exact salary
| |
NBFC
Forex Manager
3 -
15
years
exp.
| ₹3 L/yr - ₹9.4 L/yr |
Banking / Insurance / Accounting
Forex Manager
6 -
12
years
exp.
| ₹11 L/yr - ₹19 L/yr |
Insurance
Forex Manager
3 -
11
years
exp.
| ₹3 L/yr - ₹9.4 L/yr |
View More
Frequently Asked Questions about Forex Manager Salaries
What is the salary of a Forex Manager in India?
Salary for a Forex Manager in India ranges between ₹3.6 Lakhs to ₹18.0 Lakhs per year. Salary estimates are based on 37 latest salaries received from various Forex Managers across industries.
What is the starting salary for a Forex Manager in India?
Average starting Salary for Forex Manager in India is around ₹3.6 Lakhs per year (₹30.0k per month). 2 years of minimum experience is required to be a Forex Manager.
What is the highest salary for a Forex Manager in India?
Highest salary that a Forex Manager can earn is ₹8.0 Lakhs per year (₹66.7k per month).
What are the top paying industries for Forex Manager in India?
- Iron & Steel - ₹31.0 Lakhs to 31.0 Lakhs per year
- Building Material - ₹13.0 Lakhs to 18.0 Lakhs per year
- Banking - ₹4.0 Lakhs to 16.0 Lakhs per year
- Financial Services - ₹6.0 Lakhs to 10.5 Lakhs per year
- Travel & Tourism - ₹5.0 Lakhs to 5.0 Lakhs per year
What are the top paying cities for Forex Manager in India?
- Mumbai - ₹0.8 Lakhs to 31.0 Lakhs per year
- Pune - ₹4.3 Lakhs to 15.8 Lakhs per year
- New Delhi - ₹2.0 Lakhs to 19.0 Lakhs per year
- Kolkata - ₹0.2 Lakhs to 14.5 Lakhs per year
- Bangalore / Bengaluru - ₹2.6 Lakhs to 16.0 Lakhs per year
What are the popular/top skills required to become a Forex Manager?
These are the top skills of a Forex Manager based on 2 jobs posted by employers.
- Business Development
- Finance
- Banking Operations
- Treasury
- Trade Finance
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