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Nitco Accountant salaries in India

Annual salary range
0 - 14 years exp.
₹2.5 Lakhs - ₹3.6 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.
Salary of majority employees
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16% less than the average Accountant Salary in Building Material Companies for 0 - 14 years of experience

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Last Updated: 3 Jun 2023

Companies similar to Nitco for Accountant

Company name Avg Annual Salary Open Jobs
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JK Lakshmi Cement Accountant Salary

1 - 11 years exp. (27 salaries)

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₹2.4 L/yr - ₹9.1 L/yr

arrow icon 56% more
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ACC Accountant Salary

0 - 9 years exp. (25 salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 26% more
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Shankara Building Products Accountant Salary

1 - 7 years exp. (23 salaries)

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 3% less
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JK Cement Accountant Salary

0 - 18 years exp. (20 salaries)

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₹2 L/yr - ₹10.6 L/yr

arrow icon 111% more
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Visaka Industries Accountant Salary

4 - 16 years exp. (15 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 60% more
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Shree Cement Accountant Salary

0 - 9 years exp. (14 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 11% more
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Kajaria Ceramics Accountant Salary

0 - 12 years exp. (14 salaries)

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₹1.2 L/yr - ₹4.9 L/yr

arrow icon 27% more
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Star Cement Accountant Salary

4 - 12 years exp. (11 salaries)

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₹3.2 L/yr - ₹6.6 L/yr

arrow icon 48% more
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Cera Sanitaryware Accountant Salary

2 - 12 years exp. (9 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 68% more
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India Cements Accountant Salary

7 - 14 years exp. (9 salaries)

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₹5.6 L/yr - ₹14 L/yr

arrow icon 235% more
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Ramco Industries Accountant Salary

0 - 14 years exp. (8 salaries)

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₹2.8 L/yr - ₹8.2 L/yr

arrow icon 71% more
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NU Vista Accountant Salary

4 - 18 years exp. (7 salaries)

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₹1.7 L/yr - ₹14.4 L/yr

arrow icon 171% more
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Everest Industries Accountant Salary

2 - 15 years exp. (7 salaries)

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₹1.7 L/yr - ₹8.2 L/yr

arrow icon 48% more
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The Ramco Cements Accountant Salary

1 - 7 years exp. (6 salaries)

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₹2.5 L/yr - ₹12.5 L/yr

arrow icon 156% more
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Mangalam Cement Accountant Salary

2 - 6 years exp. (5 salaries)

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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 69% more
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Ambuja Cements Accountant Salary

0 - 3 years exp. (4 salaries)

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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 5% less
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Prince Pipes & Fittings Accountant Salary

0 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 10% less
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The Indian Hume Pipe Co. Accountant Salary

1 - 13 years exp. (4 salaries)

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₹3 L/yr - ₹4.3 L/yr

arrow icon 28% more
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Orient Cement Accountant Salary

2 - 9 years exp. (4 salaries)

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₹3.7 L/yr - ₹4.7 L/yr

arrow icon 46% more
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Dalmia Bharat Cement Accountant Salary

3 - 12 years exp. (4 salaries)

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₹1.4 L/yr - ₹4.8 L/yr

arrow icon 23% more
View all
Accountant salary at Nitco ranges between ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Nitco.

Latest annual salaries shared by Nitco Accountant

1y ago
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4 months exp.
1y ago
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7 years exp.
1y ago
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14 years exp.

Experience wise Nitco Accountant salaries

Last Updated: 3 Jun 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹5.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all

Similar Designation salaries in Nitco

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₹4 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(20 salaries)
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₹5.5 L/yr - ₹15.95 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹10.2 L/yr - ₹13 L/yr
Management Trainee Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹3.6 L/yr - ₹6.25 L/yr

Salary related reviews for Nitco

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 11 Oct 2023

2.0
 for  Salary and Benefits

Likes

Brand name is strong in the market. Saturday-Sundays are off. Flexible working hours, can do work from home if needed. Supportive staff.

read more
  • Work-life balance - Good

Dislikes

... no benefits other than PF, Gratuity and 2 lacs medical (which is insufficient). No incentives, no bonus. Very less than average company culture. Brainless recruitments.

read more
  • Salary - Poor
  • +3 more

Marketing & Communication Department

2.0
  •  posted on 17 Oct 2022

2.0
 for  Salary and Benefits

Likes

1) Work Life balance is good. 2) Brand Image and Brand Name is good in the Industry. 3) Using brand name of NITCO, one can get good job. 4) Work Exposure is Good. 5) Opportunities for Self learning. 6) Work environment is Good. No office politics. 7) It's a Floating company. 8) Management putting effort to improve companies position. 9) Good company to start the career, as one can learn a lot. 10) Industry respects the people from NITCO brand and they receives good opportunities. 11) Company has good brand name in the market and demand for their product is high. 12) With good funding and investment, company has all the capabilities to bounce back and rise a one of the top companies.

read more
  • Work-life balance - Good

Dislikes

...ns on time. HR send a mail in May, it discuss in July and happens in October. 2) No arrears will be paid for incremental salary. 3) Promotion is not on the basis of performance and achievement. But it is barter deal on what additional role you will take. 4) Company does not have any work culture. No event, no festive celebration, nothing. 5) Medical policy is of only 2 lakhs for 90% of employees, which is too not effective. 6) HR Dept. is only for recruitment and helpless, they does not do anything else. Not even diwali. So it's basically a ship is floating in the sea, could rise and sail high OR could be sunk as well.

read more
  • Salary - Poor
  • +3 more

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adipts latest technology. Every employee having Portal which was connected with SAP

read more
  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, growth also good. there is no any late working and late night sittings in NITCO

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Most pathetic organization, MD is useless and visionless , he is should be ashamed that company is bankrupt but he only spends on himself , hr is useless , companybof 60+older age people , could have withdrawn my years I spent , big mistake on joining this

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 15 Feb 2019

5.0
 for  Salary and Benefits

Likes

As a fresher , company has given me a wonderful opportunity to experience and learn many things such as, Marketing startegies for demand generation Building secondary pipelines Negotiation skills Retailing Problem solving.... Apart from that it has given me a platform to improve, 1. Self confidence ; 2. Commitment 3. Discipline Thanks Nitco!

read more
  • Salary - Excellent
  • +3 more

Dislikes

Some of the problems am facing now; 1. unavailability of ready stock to supply customers. 2. Lack of branding and brand awareness 3. Non updation to recent trends and needs of customers which competitors are doing. 4. No appreciation and motivation. 5. Sometimes pressure is very high. There is a compulsion to work in sundays in monthends.

read more
  • Job security - Poor
  • +2 more
see more salary related reviews

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Nitco Accountant Salary FAQs

What is the salary of Accountant at Nitco ?
The average salary of a Accountant at Nitco in India typically ranges from ₹2.5 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of Accountant at Nitco earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Accountant Salaries at Nitco 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 Nitco employees in India.
What is the estimated take home salary of a Accountant at Nitco in India?
The estimated take-home salary of a Accountant at Nitco in India typically ranges from ₹19,884 to ₹21,549 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 14 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 Nitco. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nitco for Accountant in India?
India Cements ₹5.6 Lakhs to ₹14.0 Lakhs per year
NU Vista ₹1.7 Lakhs to ₹14.4 Lakhs per year
The Ramco Cements ₹2.5 Lakhs to ₹12.5 Lakhs per year
Somany Ceramics ₹5.1 Lakhs to ₹7.4 Lakhs per year
JK Cement ₹2.0 Lakhs to ₹10.6 Lakhs per year

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

Welspun World ₹3.0 Lakhs to ₹7.0 Lakhs per year
Electrosteel Casting ₹4.0 Lakhs to ₹7.7 Lakhs per year
Ramco Industries ₹2.8 Lakhs to ₹8.2 Lakhs per year
Mangalam Cement ₹1.8 Lakhs to ₹8.5 Lakhs per year
Cera Sanitaryware ₹2.4 Lakhs to ₹7.5 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 Accountant at Nitco in India?
The salary growth for a Accountant at Nitco depends on factors such as experience, performance, and promotions. On average, a Accountant can expect the following growth trajectory at Nitco:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹5.2 Lakhs per year
1 year ₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

Tell us how to improve this page.

Nitco Accountant salary in India ranges between ₹2.5 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Nitco latest salaries received from various employees of Nitco.