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ITC

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3.9

based on 5.8k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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ITC Accounts Payable Associate salaries in Bangalore / Bengaluru

Annual salary range
2 - 4 years exp.
₹2 Lakhs - ₹3.2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% less than the average Accounts Payable Associate Salary in FMCG Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 20 Jul 2024

Companies similar to ITC for Accounts Payable Associate in Bangalore / Bengaluru

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ITC Accounts Payable Associate Salary

2 - 4 years exp. (5 salaries)
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₹2 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata Consumer Products Accounts Payable Associate Salary

0 - 7 years exp. (5 salaries)
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₹3 L/yr - ₹4.3 L/yr

arrow icon 9% more
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Accenture Accounts Payable Associate Salary

0 - 5 years exp. (222 salaries)
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₹1.5 L/yr - ₹5.7 L/yr

arrow icon 14% more
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Wisdom Bridge Management Consultants Accounts Payable Associate Salary

1 - 3 years exp. (86 salaries)
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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 5% more
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Capgemini Accounts Payable Associate Salary

0 - 5 years exp. (53 salaries)
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₹2 L/yr - ₹4.1 L/yr

arrow icon 1% less
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IBM Accounts Payable Associate Salary

1 - 2 years exp. (52 salaries)
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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 2% less
Accounts Payable Associate salary at ITC ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Accounts Payable Associate in Bangalore / Bengaluru

8mo ago
₹2.2 Lakhs
2 years exp.

Experience wise ITC Accounts Payable Associate salaries in Bangalore / Bengaluru

Last Updated: 20 Jul 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in ITC

Process Associate Salary
(18 salaries)
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₹1.4 L/yr - ₹3.04 L/yr
Accountant Salary
(13 salaries)
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₹1.8 L/yr - ₹4 L/yr
Deputy Manager Salary
(10 salaries)
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₹13 L/yr - ₹19.65 L/yr
Account Assistant Salary
(6 salaries)
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₹2.35 L/yr - ₹3.96 L/yr
Senior Associate Salary
(5 salaries)
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₹5 L/yr - ₹7 L/yr
Audit Assistant Salary
(3 salaries)
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₹1.6 L/yr - ₹3.4 L/yr

Salary related reviews for ITC

Finance Executive in Kolkata

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 15 Jun 2023
3.0
 for  Salary and Benefits

Likes

... about what type of environment you will get and what type of boss you will get. Job security and on time salary is best

read more
  • Skill development - Good
    • +2 more

Dislikes

Slow promotion and growth. Toxic work culture for finance. In marketing you may find peace but in finance lots of politics all around. Desk job is pathetic because of internal drama. But these varies from location to location. South belt is better

read more
  • Promotions - Bad
    • +1 more

Accounts Officer in Bhadrachalam

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 Apr 2023
1.0
 for  Salary and Benefits

Likes

We used to see knowledge and committed people around you...nice working environment and experience. I love to work in this organization...Even today

read more
  • Skill development - Excellent
    • +3 more

Dislikes

...horrible ( when i am joined ) even lorry driver would earn better pay then me...out of 30 days my salary day is painful day in every month..

read more
  • Salary - Bad

Finance Executive in Guntur

Finance & Accounting Department

3.0
  •  posted on 14 Jan 2022
1.0
 for  Salary and Benefits

Likes

... work culture is poor. Preference for only CA's. Experience is not considered. Salary hikes are very low.

read more
  • Job security - Good

Dislikes

Pay revision is very poor. Hikes are only for CA's. Here ruling is British Culture. Overall please don't choose ITC for who wants career growth.

read more
  • Salary - Bad
    • +5 more

Accountant in Jharkhand

Finance & Accounting Department

5.0
  •  posted on 01 May 2021
5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
    • +6 more

Dislikes

No dislike

Finance Executive in Gurgaon / Gurugram

Finance & Accounting Department

4.0
  •  posted on 02 Feb 2018
5.0
 for  Salary and Benefits

Likes

ITC Limited is one of the top companies in India. It was a great experience to work with ITC Limited as I learnt a lot about accounts payable terms on SAP. Atmosphere of workplace was awesome, boss & colleague were very supporting.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Compensation was good but the growth was very slow. Most of the days I had to sit till late night and month end pressure was very high

read more
see more salary related reviews

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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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ITC Accounts Payable Associate Salary FAQs

What is the salary of Accounts Payable Associate at ITC in Bangalore / Bengaluru?
The average salary of a Accounts Payable Associate at ITC in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Accounts Payable Associate in Bangalore / Bengaluru at ITC earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Accounts Payable Associate Salaries at ITC 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 5 ITC employees in India.
What is the estimated take home salary of a Accounts Payable Associate at ITC in Bangalore / Bengaluru?
The estimated take-home salary of a Accounts Payable Associate at ITC in Bangalore / Bengaluru typically ranges from ₹22,184 to ₹23,665 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years 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 5 salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ITC for Accounts Payable Associate in India?
Accenture ₹1.5 Lakhs to ₹5.7 Lakhs per year
Tata Consumer Products ₹3.0 Lakhs to ₹4.3 Lakhs per year
Wisdom Bridge Management Consultants ₹2.1 Lakhs to ₹4.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ITC, depending on the role and experience level.
What is the salary of a Accounts Payable Associate in companies similar to ITC in Bangalore / Bengaluru?
The salary of a Accounts Payable Associate at companies similar to ITC in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini ₹2.0 Lakhs to ₹4.1 Lakhs per year
IBM ₹1.5 Lakhs to ₹4.2 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 Accounts Payable Associate at ITC in Bangalore / Bengaluru?
The salary growth for a Accounts Payable Associate at ITC in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Accounts Payable Associate in Bangalore / Bengaluru can expect the following growth trajectory at ITC:

Experience Average Salary Range
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

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ITC Accounts Payable Associate salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ITC latest salaries received from various employees of ITC.