Ericsson Mumbai Project Finance Manager Salaries by 7 Employees (Updated 2025)

10 - 18 years exp.

₹10 Lakhs - ₹20.5 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

5% less than the average Project Finance Manager Salary in Telecom Companies for 10 - 18 years of experience

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Last Updated: 22 Jan 2025

Companies similar to Ericsson for Project Finance Manager in Mumbai

Ericsson Project Finance Manager Salary

10 - 18 years exp. (7 salaries)

₹10 L/yr - ₹20.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Project Finance Manager Salary 1 - 5 years exp. (5 salaries)	₹12 L/yr - ₹22 L/yr 6% more
State Bank of India Project Finance Manager Salary 10 - 12 years exp. (4 salaries)	₹25 L/yr - ₹37 L/yr 96% more
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CleanMax Enviro Energy Solutions Project Finance Manager Salary 0 - 9 years exp. (4 salaries)	₹13 L/yr - ₹21 L/yr 6% more
Realty Clarity Project Finance Manager Salary 2 - 7 years exp. (3 salaries)	₹4.3 L/yr - ₹8.1 L/yr 64% less

Project Finance Manager salary at Ericsson ranges between ₹10 Lakhs to ₹20.5 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Ericsson.

Experience wise Ericsson Project Finance Manager salaries in Mumbai

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
14 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
15+ years (4 salaries)	₹10 L/yr - ₹20 L/yr

View all

Similar Designation salaries in Ericsson

Accounts Manager Salary

(6 salaries)

₹27 L/yr - ₹35.5 L/yr

Salary related reviews for Ericsson

4.0

Rated by 1 employees for salary & benefits

Software Developer in Mohali

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 29 Mar 2025

5.0

for Salary and Benefits

Likes

The company offers diverse employee resource groups that foster a sense of community and belonging, empowering employees from all backgrounds Regular team outings and events make everyone feel like part of a big family, and the atmosphere is friendly and welcoming

Salary - Excellent

+6 more

Dislikes

The company ensures timely salary adjustments and recognizes employees for their hard work with regular reviews

Software Engineer in Mumbai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 29 Mar 2025

4.0

for Salary and Benefits

Likes

The company provides various professional development programs that are supported by the technical team The company encourages flexibility, which makes it easy to handle work stress and personal commitments

Salary - Good

+6 more

Dislikes

...teambuilding exercises and recognition programs highlight achievements and make employees feel appreciated In addition to a strong salary, the company offers attractive benefits that enhance your overall compensation package

Senior Site Engineer in Pune

Full Time

Research & Development Department

1.0

• posted on 27 Mar 2025

1.0

for Salary and Benefits

Likes

Salary on time but it is very less as we have to work more than 12-13 hours daily .

Dislikes

Too much politics Too much pressure No humidity Only work, the work is weekly target basic and every 6th days we need to finish the target though we have to work every day 12-13 hours. Mana ATT projects are really painful for all modeler. Any time ericsson can fire, No increment no promotion Only donkey work Who give hard work, he has to work more without any apraisal. Official time is 2pm but we need to login @10 am and finish at 11 pm every day

Salary - Bad

+6 more

Senior Engineer in Noida

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 18 Feb 2025

2.0

for Salary and Benefits

Likes

Work life balance

Work-life balance - Good

Dislikes

No promotion Salary very less compared to market standards. Night allowance is same since many years Politics everywhere. Only boot lickers get good ASR and promotion. Almost nill increament. Goals are very tough every year but ASR and ratings are nothing compared to that

Salary - Poor

+3 more

Senior Engineer in Bangalore / Bengaluru

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 05 Jan 2025

1.0

for Salary and Benefits

Likes

On time salary

Job security - Good

Dislikes

... except manager level What ever position you will join in same position you will retire even if you serve 8+ years Variable pay very minimal Think twice before join

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Ericsson Project Finance Manager Salary FAQs

What is the salary of Project Finance Manager at Ericsson in Mumbai?

The average salary of a Project Finance Manager at Ericsson in Mumbai typically ranges from ₹10.0 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Project Finance Manager in Mumbai at Ericsson earn more than ₹20.4 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Project Finance Manager Salaries at Ericsson can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Ericsson employees in India.

What is the estimated take home salary of a Project Finance Manager at Ericsson in Mumbai?

The estimated take-home salary of a Project Finance Manager at Ericsson in Mumbai typically ranges from ₹1,06,688 to ₹1,09,626 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 10 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Ericsson. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ericsson for Project Finance Manager in India?

State Bank of India	₹25.0 Lakhs to ₹37.0 Lakhs per year
CleanMax Enviro Energy Solutions	₹13.0 Lakhs to ₹21.0 Lakhs per year
ICICI Bank	₹12.0 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ericsson, depending on the role and experience level.

What is the salary of a Project Finance Manager in companies similar to Ericsson in Mumbai?

The salary of a Project Finance Manager at companies similar to Ericsson in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Realty Clarity

₹4.3 Lakhs to ₹8.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Project Finance Manager at Ericsson in Mumbai?

The salary growth for a Project Finance Manager at Ericsson in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Finance Manager in Mumbai can expect the following growth trajectory at Ericsson:

Experience	Average Salary Range
10 years	₹12.5 Lakhs to ₹16.0 Lakhs per year
11 years	₹13.1 Lakhs to ₹16.7 Lakhs per year
12 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
13 years	₹14.3 Lakhs to ₹18.3 Lakhs per year

and so on.

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Ericsson Project Finance Manager Salaries in Mumbai

Ericsson Project Finance Manager salary in Mumbai ranges between ₹10 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Ericsson latest salaries received from various employees of Ericsson.