FRM

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FRM Salary in Insurance in India

based on 5 latest salaries • updated: 10 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹3.5 Lakhs - ₹4.5 Lakhs

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Low Confidence means the data is based on a small number of latest salaries.
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Experience wise FRM salaries

Years of experience Avg. Annual Salary
Fresher
(1 salaries)
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₹3.5 L/yr - ₹3.5 L/yr

2 years
(2 salaries)
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₹3.5 L/yr - ₹4 L/yr

7 years
(1 salaries)
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₹4.5 L/yr - ₹4.5 L/yr

10 years
(1 salaries)
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₹4.1 L/yr - ₹4.1 L/yr

FRM Salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 10 years of experience . Salary estimates are based on 5 latest salaries received from FRM.
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FRM salaries in different departments

Department Avg Annual Salary
Sales & Business Development
FRM Salary
0 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
FRM Salary
10 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Latest annual salaries shared by FRMs

2w ago

Dnyan Automation

FRM

2 years exp.

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3w ago

Urban Company

FRM

5 years exp.

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3mo ago

Ageas Federal Life Insurance

FRM

2 years exp.

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3mo ago

NoBroker

FRM

5 years exp.

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6mo ago

Netscribes

FRM

1 year exp.

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6mo ago

NoBroker

FRM

2 years exp.

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6mo ago

Ageas Federal Life Insurance

FRM

7 years exp.

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7mo ago

Urban Company

FRM

4 years exp.

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9mo ago

NoBroker

FRM

3 years exp.

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9mo ago

NoBroker

FRM

3 years exp.

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View all latest salaries

FRM Salary By Locations

Locations Avg Annual Salary
New Delhi
FRM
2 - 5 years exp.
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₹3.2 L/yr - ₹5.5 L/yr

Mumbai
FRM
0 - 5 years exp.
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₹3 L/yr - ₹21 L/yr

Gurgaon / Gurugram
FRM
1 - 3 years exp.
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₹3.4 L/yr - ₹4 L/yr

Bangalore / Bengaluru
FRM
0 - 5 years exp.
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₹2 L/yr - ₹25 L/yr

Pune
FRM
1 - 4 years exp.
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₹3.9 L/yr - ₹5 L/yr

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FRM Salary In Other Industries

Industries Avg Annual Salary
Real Estate
FRM
0 - 5 years exp.
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₹3 L/yr - ₹5 L/yr

Financial Services
FRM
0 - 10 years exp.
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₹3.3 L/yr - ₹21 L/yr

IT Services & Consulting
FRM
0 - 5 years exp.
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₹1 L/yr - ₹5.5 L/yr

Consulting
FRM
1 - 6 years exp.
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₹3 L/yr - ₹4 L/yr

Marketing & Advertising
FRM
1 - 6 years exp.
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₹3 L/yr - ₹4 L/yr

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Frequently Asked Questions about FRM Salaries

What is the salary of a FRM in India?
Salary for a FRM in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year. Salary estimates are based on 5 latest salaries received from various FRMs across industries.
What is the starting salary for a FRM in India?
Average starting Salary for FRM in India is around ₹3.5 Lakhs per year (₹29.2k per month). No prior experience is required to be a FRM.
What are the top paying industries for FRM in India?
What are the top paying cities for FRM in India?
  • Patna - ₹4.5 Lakhs to 4.5 Lakhs per year
  • Varanasi - ₹4.1 Lakhs to 4.1 Lakhs per year
  • Jaipur - ₹4.0 Lakhs to 4.0 Lakhs per year
  • Aurangabad - ₹3.5 Lakhs to 3.5 Lakhs per year
  • Lucknow - ₹3.5 Lakhs to 3.5 Lakhs per year

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