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ITC Financial Associate salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹1.5 Lakh - ₹8 Lakhs
Salary of majority employees
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17% less than the average Financial Associate Salary in FMCG Companies for 0 - 10 years of experience

Interested in this particular role?

Last Updated: 26 Mar 2025

Companies similar to ITC for Financial Associate

Company name Avg Annual Salary Open Jobs
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Hindustan Unilever Financial Associate Salary

2 - 8 years exp. (17 salaries)

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₹2.8 L/yr - ₹4.1 L/yr

arrow icon 7% less
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Nestle Financial Associate Salary

3 - 7 years exp. (5 salaries)

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₹4 L/yr - ₹6.7 L/yr

arrow icon 38% more
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Dabur Financial Associate Salary

2 - 4 years exp. (3 salaries)

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₹2.9 L/yr - ₹3 L/yr

arrow icon 26% less
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₹3.5 L/yr - ₹7 L/yr

arrow icon 21% more
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R.R. Donnelley Financial Associate Salary

0 - 4 years exp. (622 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 29% less
1 job opening
Financial Associate salary at ITC ranges between ₹1.5 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 143 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Financial Associate

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Experience wise ITC Financial Associate salaries

Last Updated: 26 Mar 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹2 L/yr - ₹3.1 L/yr
1 year  (14 salaries)

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₹2.2 L/yr - ₹5 L/yr
2 years  (19 salaries)

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₹1.5 L/yr - ₹3.6 L/yr
3 years  (24 salaries)

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₹1.8 L/yr - ₹6 L/yr
4 years  (21 salaries)

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₹1.8 L/yr - ₹5.5 L/yr
View all
ITC Financial Associate Salary and Career Growth

From

To

Financial Associate

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0 - 10 years exp.

Senior Executive - Finance

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5 - 15 years exp.

Financial Associate 0 - 10 years exp.
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Finance Executive 1 - 13 years exp.
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arrow icon 108% hike
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    arrow icon 37% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in ITC

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    Finance Executive Salary
    (365 salaries)
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    ₹3.45 L/yr - ₹12.7 L/yr
    Senior Process Associate Salary
    (AmbitionBox Estimate)
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    ₹3.9 L/yr - ₹4.9 L/yr
    Analyst Salary
    (29 salaries)
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    ₹15.02 L/yr - ₹15.5 L/yr
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    ₹1.2 L/yr - ₹4.5 L/yr
    Senior Analyst Salary
    (7 salaries)
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    ₹8.5 L/yr - ₹28 L/yr
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    ₹5.74 L/yr - ₹15.99 L/yr
    Team Lead Salary
    (200 salaries)
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    ₹1.25 L/yr - ₹7.35 L/yr

    Top skills at ITC for Financial Associate

    Finance Vendor Payments Invoice Processing Service Tax Accounts Reconciliation Journal entries Accounts Payable GRN Vendor Reconciliation Accounts Receivable Physical Verification MIS SAP FICO

    Salary related reviews for ITC

    3.4

    Rated by 27 employees for salary & benefits

    Full Time

     · 

    Finance & Accounting Department

    3.0
      •  posted on 28 Sep 2024

    3.0
     for  Salary and Benefits

    Likes

    Company delivers the commitment!

    Dislikes

    ...g accommodation for third party employees in case of relocation to metro cities. Very difficult to sustain within only salary because of high cost of living at metro cities.

    read more

    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

    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

    Full Time

     · 

    Other Department

    5.0
      •  posted on 02 Jan 2023

    2.0
     for  Salary and Benefits

    Likes

    Last 7 years I work with ITC Ltd It's beautiful journey And I learn more skills with my seniors and I am enjoy my work

    • Work-life balance - Excellent

    Dislikes

    ... india But they are not focusing ground level employees, (salesman, PSR, TL,) These employee salary is very low and company not pay travel allowance and food allowance not providing any type of life insurance accidental insurance etc.

    read more
    • Salary - Poor
    • +2 more

    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
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    ITC Financial Associate Salary FAQs

    What is the salary of Financial Associate at ITC ?
    The average salary of a Financial Associate at ITC in India typically ranges from ₹1.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 10 years).

    The top 10% of Financial Associate at ITC earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Financial 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 100+ ITC employees in India.
    What is the estimated take home salary of a Financial Associate at ITC in India?
    The estimated take-home salary of a Financial Associate at ITC in India typically ranges from ₹28,967 to ₹30,347 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 100+ salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Financial Associate at ITC ?
    To be a Financial Associate at ITC in india, the key skills required include:

    • - Finance
    • - Vendor Payments
    • - Invoice Processing
    • - Service Tax
    • - Accounts Reconciliation

    These skills are highly valued at ITC and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than ITC for Financial Associate in India?
    Nestle ₹4.0 Lakhs to ₹6.7 Lakhs per year
    Tata Consumer Products ₹3.5 Lakhs to ₹7.0 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 Financial Associate in companies similar to ITC in India?
    The salary of a Financial Associate at companies similar to ITC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Hindustan Unilever ₹2.8 Lakhs to ₹4.1 Lakhs per year
    Dabur ₹2.9 Lakhs to ₹3.0 Lakhs per year
    R.R. Donnelley ₹1.5 Lakhs to ₹4.1 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 Financial Associate at ITC in India?
    The salary growth for a Financial Associate at ITC depends on factors such as experience, performance, and promotions. On average, a Financial Associate can expect the following growth trajectory at ITC:

    Experience Average Salary Range
    Fresher ₹2.0 Lakhs to ₹3.1 Lakhs per year
    1 year ₹2.2 Lakhs to ₹5.0 Lakhs per year
    2 years ₹1.5 Lakhs to ₹3.6 Lakhs per year
    3 years ₹1.8 Lakhs to ₹6.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    ITC Financial Associate salary in India ranges between ₹1.5 Lakh to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 143 ITC latest salaries received from various employees of ITC.