Merchant Navy

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Merchant Navy Salary in Financial Services in India

based on 9 latest salaries • updated: 24 Sep 2024
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Annual salary range

₹0.5 Lakh - ₹1 Crore

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

Years of experience Avg. Annual Salary
1 year
(1 salaries)
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₹3.6 L/yr - ₹3.6 L/yr

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

3 years
(3 salaries)
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₹3.5 L/yr - ₹5.4 L/yr

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

5 years
(2 salaries)
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₹0.5 L/yr - ₹1 Cr/yr

View all salaries by experience
Merchant Navy Salary in India ranges between ₹0.5 Lakh to ₹1 Crore for 1 year of experience to 7 years of experience . Salary estimates are based on 9 latest salaries received from Merchant Navy.
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Merchant Navy salaries in different departments

Department Avg Annual Salary
Sales & Business Development
Merchant Navy Salary
7 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Shipping & Maritime
Merchant Navy Salary
4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Latest annual salaries shared by Merchant Navys

1w ago

Maersk Line

Merchant Navy

1 year exp.

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2w ago

Andromeda Shipping

Merchant Navy

6 years exp.

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2w ago

Poona Shims

Merchant Navy

1 year exp.

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2w ago

Evergreen Shipping

Merchant Navy

1 year exp.

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3w ago

Shipping Corporation of India

Merchant Navy

6 years exp.

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4w ago

Global Offshore Services

Merchant Navy

1 year exp.

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1mo ago

BW Shipping Pte

Merchant Navy

5 years exp.

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1mo ago

Ssr Marine Services

Merchant Navy

1 year exp.

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1mo ago

Dynagas

Merchant Navy

5 months exp.

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2mo ago

Aurum Ship Management

Merchant Navy

5 years exp.

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View all latest salaries

Similar Designation Salaries for Merchant Navy

Designations Avg Annual Salary
Deck Cadet Salary
0 - 3 years exp.
(7 salaries)
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₹1 L/yr - ₹6 L/yr

Manager Salary
4 - 16 years exp.
(77.3k salaries)
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₹5 L/yr - ₹25 L/yr

Executive Salary
1 - 9 years exp.
(15.2k salaries)
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₹1.6 L/yr - ₹7.6 L/yr

Associate Salary
0 - 8 years exp.
(40k salaries)
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₹2 L/yr - ₹25.6 L/yr

MIS Executive Salary
1 - 8 years exp.
(6.4k salaries)
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₹1.7 L/yr - ₹4.5 L/yr

View more similar designations

Merchant Navy Salary By Locations

Locations Avg Annual Salary
Mumbai
Merchant Navy
0 - 10 years exp.
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₹0.5 L/yr - ₹13 L/yr

New Delhi
Merchant Navy
0 - 9 years exp.
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₹1.2 L/yr - ₹11.5 L/yr

Kolkata
Merchant Navy
0 - 8 years exp.
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₹1.5 L/yr - ₹12 L/yr

Lucknow
Merchant Navy
0 - 10 years exp.
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₹0.3 L/yr - ₹12 L/yr

Pune
Merchant Navy
1 - 6 years exp.
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₹0.9 L/yr - ₹14 L/yr

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Merchant Navy Salary In Other Industries

Industries Avg Annual Salary
Ports & Shipping
Merchant Navy
0 - 10 years exp.
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₹1 L/yr - ₹15 L/yr

Marine
Merchant Navy
0 - 10 years exp.
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₹1 L/yr - ₹11.5 L/yr

Urban Transport
Merchant Navy
0 - 10 years exp.
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₹1.2 L/yr - ₹10 L/yr

Logistics
Merchant Navy
0 - 10 years exp.
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₹0.8 L/yr - ₹7 L/yr

Logistics / Shipping
Merchant Navy
0 - 10 years exp.
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₹0.8 L/yr - ₹16 L/yr

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Frequently Asked Questions about Merchant Navy Salaries

What is the salary of a Merchant Navy in India?
Salary for a Merchant Navy in India ranges between ₹0.5 Lakh to ₹102.0 Lakhs per year. Salary estimates are based on 9 latest salaries received from various Merchant Navys across industries.
What is the starting salary for a Merchant Navy in India?
Average starting Salary for Merchant Navy in India is around ₹0.5 Lakh per year (₹4.2k per month). 1 year of minimum experience is required to be a Merchant Navy.
What are the top paying industries for Merchant Navy in India?
What are the top paying cities for Merchant Navy in India?
  • Kota - ₹102.0 Lakhs to 102.0 Lakhs per year
  • Hisar - ₹5.4 Lakhs to 5.4 Lakhs per year
  • Amritsar - ₹4.0 Lakhs to 4.0 Lakhs per year
  • New Delhi - ₹3.5 Lakhs to 3.5 Lakhs per year
  • Muzaffarpur - ₹2.0 Lakhs to 2.0 Lakhs per year

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