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HMT Machine Tools Financial Associate salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹2.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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57% less than the average Financial Associate Salary in Industrial Machinery Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Financial Associate Salary
2 - 4 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.2 L/yr

Human Resources
Financial Associate Salary
Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 20 Mar 2025

Companies similar to HMT Machine Tools for Financial Associate

Company name Avg Annual Salary Open Jobs
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R.R. Donnelley Financial Associate Salary

0 - 4 years exp. (630 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 38% more
1 job opening
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Accenture Financial Associate Salary

0 - 6 years exp. (547 salaries)

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₹1 L/yr - ₹7.5 L/yr

arrow icon 102% more
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DXC Technology Financial Associate Salary

1 - 6 years exp. (310 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 55% more
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Infosys Financial Associate Salary

0 - 4 years exp. (294 salaries)

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₹8.2 L/yr - ₹14 L/yr

arrow icon 402% more
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State Street Syntel Financial Associate Salary

0 - 4 years exp. (244 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 50% more
Financial Associate salary at HMT Machine Tools ranges between ₹2 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HMT Machine Tools.

Experience wise HMT Machine Tools Financial Associate salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in HMT Machine Tools

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₹1.9 L/yr - ₹3 L/yr
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₹1.45 L/yr - ₹3 L/yr
Management Trainee Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
SAP Fico Consultant Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(11 salaries)
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₹8.9 L/yr - ₹10 L/yr
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₹7.5 L/yr - ₹9 L/yr
Senior Accounts Executive Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for HMT Machine Tools

Full Time

 · 

Sales & Marketing Department

1.0
  •  posted on 18 Sep 2022

1.0
 for  Salary and Benefits

Likes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55 + and all of them waiting for VRS here.

read more

Dislikes

Please stay away from this honey trap. I am not getting my salary from last 12 months. Top management is 55+ and all of them waiting for VRS here.

read more
  • Salary - Bad
  • +6 more

Maintenance Department

3.0
  •  posted on 23 Mar 2020

1.0
 for  Salary and Benefits

Likes

The best training school for mechanical related streams.

  • Skill development - Excellent
  • +1 more

Dislikes

The company was 25 years literally behind in all aspects. Like salary (revision 1997), internal communication systems, management policies, benefits like Overtime wages, perks etc.

read more
  • Salary - Bad
  • +3 more

Consulting Department

3.0
  •  posted on 28 Feb 2019

3.0
 for  Salary and Benefits

Likes

The company gives complete freedom to operate and focussed on getting new business.customer oriented company.

  • Job security - Good
  • +1 more

Dislikes

Compensation is poor ,salaries are never on time.employee moral is low.Professionalism is totally missing.

read more
  • Company culture - Poor

Production, Manufacturing & Engineering Department

2.0
  •  posted on 09 Oct 2018

1.0
 for  Salary and Benefits

Likes

One of the worst and third rated companies to join and spoil your own career and the top management is highly corrupt, can't even imagine.... The top management have swallowed the funds from the government and are not giving retirement benefits to the employees... And facing a lot of legal issues in court.. In total its waste of time and energy as a young generation.....

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  • Job security - Excellent

Dislikes

Salary, basic facilities and people in and around are terrible.... The country workers are buckets of the immediate bosses and all the bosses with in the company... They simply through the young generation as a football from one department to other... They can't even maintain the records of the employees properly... They are very lazy in issuing orders of professionary and permanent with respect to their joining date....

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing encpuraging to work in the company. Employee relationship with other employees are really bad. No programs to cheer the employees. The inside politocs is also really high. I won't recommend to work there.

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Dislikes

Everything.

  • Salary - Bad
  • +5 more
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HMT Machine Tools Financial Associate Salary FAQs

What is the salary of Financial Associate at HMT Machine Tools ?
The average salary of a Financial Associate at HMT Machine Tools in India typically ranges from ₹2.0 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Financial Associate at HMT Machine Tools earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Financial Associate Salaries at HMT Machine Tools 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 4 HMT Machine Tools employees in India.
What is the estimated take home salary of a Financial Associate at HMT Machine Tools in India?
The estimated take-home salary of a Financial Associate at HMT Machine Tools in India typically ranges from ₹14,057 to ₹15,542 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of HMT Machine Tools. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HMT Machine Tools for Financial Associate in India?
Infosys ₹8.2 Lakhs to ₹14.0 Lakhs per year
Accenture ₹1.0 Lakhs to ₹7.5 Lakhs per year
DXC Technology ₹1.7 Lakhs to ₹5.5 Lakhs per year
State Street Syntel ₹1.5 Lakhs to ₹4.2 Lakhs per year
R.R. Donnelley ₹1.5 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HMT Machine Tools, depending on the role and experience level.
How the salary growth look like for a Financial Associate at HMT Machine Tools in India?
The salary growth for a Financial Associate at HMT Machine Tools depends on factors such as experience, performance, and promotions. On average, a Financial Associate can expect the following growth trajectory at HMT Machine Tools:

Experience Average Salary Range
Fresher ₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years ₹1.8 Lakhs to ₹2.3 Lakhs per year
and so on.

Tell us how to improve this page.

HMT Machine Tools Financial Associate salary in India ranges between ₹2 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HMT Machine Tools latest salaries received from various employees of HMT Machine Tools.