Forex Manager
Annual salary range
₹2.6 Lakhs - ₹16 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byForex Manager Salary in India (Updated 2025)
based on 180
latest salaries
• updated:
21 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Forex Manager Salary in India ranges between ₹2.6 Lakhs to ₹16 Lakhs for 2 years of experience to 17 years of experience. Salary estimates are based on 180 latest salaries received from Forex Manager.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
7
yrs
exp.
(28 salaries)
|
₹4 L/yr - ₹8 L/yr | |
6 -
12
yrs
exp.
(16 salaries)
|
₹10 L/yr - ₹20 L/yr | |
Login to view exact salary
| ||
1 -
11
yrs
exp.
(15 salaries)
|
₹3 L/yr - ₹9.4 L/yr | |
4 -
12
yrs
exp.
(10 salaries)
|
₹8 L/yr - ₹20 L/yr | |
1 -
13
yrs
exp.
(6 salaries)
|
₹5 L/yr - ₹8 L/yr | |
6 -
15
yrs
exp.
(6 salaries)
|
₹6.6 L/yr - ₹9 L/yr | |
2 -
15
yrs
exp.
(4 salaries)
|
₹2.6 L/yr - ₹9 L/yr | |
3 -
5
yrs
exp.
(4 salaries)
|
₹2.4 L/yr - ₹3 L/yr | |
Login to view exact salary
| ||
12 -
18
yrs
exp.
(4 salaries)
|
₹10.7 L/yr - ₹15.8 L/yr | |
4 -
7
yrs
exp.
(4 salaries)
|
₹8.5 L/yr - ₹11 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
Forex Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(14
salaries)
|  ₹0.2 L/yr - ₹6.5 L/yr |
3
years
(12
salaries)
| ₹3 L/yr - ₹6 L/yr |
Login to view exact salary
| |
4
years
(18
salaries)
| ₹3 L/yr - ₹14.5 L/yr |
5
years
(19
salaries)
| ₹1.1 L/yr - ₹10.5 L/yr |
6
years
(17
salaries)
| ₹3.6 L/yr - ₹16 L/yr |
View all salaries by experience
Forex Manager Jobs in India
Forex Manager
· 1-3 years
Standard Galva Steels Pvt Ltd
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Chief Manager Salary
6 -
24
years
exp.
(14.1k salaries)
| ₹8 L/yr - ₹37 L/yr |
Forex Officer Salary
0 -
10
years
exp.
(124 salaries)
| ₹1.5 L/yr - ₹12.3 L/yr |
Login to view exact salary
| |
Cluster Manager Salary
4 -
16
years
exp.
(12.6k salaries)
| ₹3.5 L/yr - ₹18 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7.1 L/yr - ₹40.8 L/yr |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31.9 L/yr |
View more similar designations
Salary related reviews by similar designations like Forex Manager
ICICI Bank
Deputy Manager
• 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
Branch Manager
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreBank of Baroda
Manager
• posted on 14 Jan 2023
Likes
- very much functional learning methodologies - Pay and incentives
- Salary - Good
+2 more
Dislikes
No work life balance More promotion to Bank of Baroda rather than evijayabank and edena bank It can be proved by recent resignation by many evijayabank employees. Less staffing They give award to themselves(BOB employees) Internal recruitment is eyewash. You may recieve internal circulars ,but at the end they recruite their favourite people irrespective of the criteria for the position
read more- Promotions - Poor
+3 more
Top skills for Forex Manager
Forex Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Forex Manager
2 -
17
years
exp.
| ₹3.6 L/yr - ₹18 L/yr |
Kolkata
Forex Manager
3 -
15
years
exp.
| ₹2.4 L/yr - ₹13.4 L/yr |
Login to view exact salary
| |
New Delhi
Forex Manager
3 -
14
years
exp.
| ₹2.2 L/yr - ₹15 L/yr |
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 |
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.
| ₹4.1 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 |
Media & Entertainment / Publishing Forex Manager
3 -
11
years
exp.
| ₹3 L/yr - ₹9.4 L/yr |
View More
Frequently Asked Questions (FAQS) about Forex Manager Salaries
What is the salary of a Forex Manager in India?
The salary of a Forex Manager in India varies based on experience, location, company & Industry.
On average, Forex Manager salaries ranges from ₹2.6 Lakhs to ₹16.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.6 Lakhs to ₹16.0 Lakhs per year, with the highest salary reaching ₹4.0 Lakhs to ₹5.7 Lakhs per year. Salary estimates are based on 180 salaries received from various Forex Managers across industries.
The average starting salary is around ₹2.6 Lakhs to ₹16.0 Lakhs per year, with the highest salary reaching ₹4.0 Lakhs to ₹5.7 Lakhs per year. Salary estimates are based on 180 salaries received from various Forex Managers across industries.
What are the top paying cities for Forex Manager in India?
The annual salary for Forex Manager in India varies by location. Top paying cities for Forex Manager are
Salary expectations for Forex Manager may vary based on job roles, experience, and specific employer requirements.
| Forex Manager Salary in Mumbai | ₹3.6 Lakhs to ₹18.0 Lakhs per year |
| Forex Manager Salary in Kolkata | ₹2.4 Lakhs to ₹13.4 Lakhs per year |
| Forex Manager Salary in New Delhi | ₹2.2 Lakhs to ₹15.0 Lakhs per year |
| Forex Manager Salary in Bangalore / Bengaluru | ₹3.2 Lakhs to ₹13.0 Lakhs per year |
| Forex Manager Salary in Pune | ₹4.5 Lakhs to ₹15.8 Lakhs per year |
What are the top paying industries for Forex Manager in India?
Top 5 paying Industries for Forex Manager in India are:
| Forex Manager Salary in Financial Services | ₹3.0 Lakhs to ₹16.0 Lakhs per year |
| Forex Manager Salary in Banking | ₹4.1 Lakhs to ₹16.0 Lakhs per year |
| Forex Manager Salary in NBFC | ₹3.0 Lakhs to ₹9.4 Lakhs per year |
| Forex Manager Salary in Banking / Insurance / Accounting | ₹11.0 Lakhs to ₹19.0 Lakhs per year |
| Forex Manager Salary in Media & Entertainment / Publishing | ₹3.0 Lakhs to ₹9.4 Lakhs per year |
How does experience affect salaries of a Forex Manager in India?
Experience significantly impacts a Forex Manager salary in India. Salaries increase with experience, as Forex Manager take on more complex tasks, responsibilities, and leadership roles.
Forex Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹0.2 Lakhs to ₹6.5 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹6.0 Lakhs per year |
| 4 years | ₹3.0 Lakhs to ₹14.5 Lakhs per year |
| 5 years | ₹1.1 Lakhs to ₹10.5 Lakhs per year |
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