Tata Power Financial Associate Salaries by 40+ Employees (Updated 2025)

0 - 8 years exp.

₹1.6 Lakh - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Financial Associate Salary in Power Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Financial Associate Salary 0 - 8 years exp. (38 salaries)	₹1.6 L/yr - ₹6.4 L/yr
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Procurement & Supply Chain Financial Associate Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to Tata Power for Financial Associate

Company name	Avg Annual Salary	Open Jobs
Eaton Financial Associate Salary 1 - 10 years exp. (5 salaries)	₹3.6 L/yr - ₹10 L/yr 123% more
Maharashtra State Electricity Distribution Company Financial Associate Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.7 L/yr 33% less
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Adani Group Financial Associate Salary 0 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹8.5 L/yr 41% more
R.R. Donnelley Financial Associate Salary 0 - 4 years exp. (630 salaries)	₹1.5 L/yr - ₹4.3 L/yr 20% less	1 job opening
Accenture Financial Associate Salary 0 - 6 years exp. (547 salaries)	₹1 L/yr - ₹7.5 L/yr 18% more

Financial Associate salary at Tata Power ranges between ₹1.6 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 49 latest salaries received from various employees of Tata Power.

Experience wise Tata Power Financial Associate salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr
1 year (8 salaries)	₹1.7 L/yr - ₹3.5 L/yr
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2 years (6 salaries)	₹2 L/yr - ₹3.5 L/yr
3 years (4 salaries)	₹2.1 L/yr - ₹5 L/yr
4 years (3 salaries)	₹3.2 L/yr - ₹5.4 L/yr
5 years (8 salaries)	₹2.5 L/yr - ₹4.7 L/yr
6 years (9 salaries)	₹3.5 L/yr - ₹6.4 L/yr
7 years (4 salaries)	₹3.5 L/yr - ₹5.7 L/yr
8 years (4 salaries)	₹4 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Tata Power

Senior Associate Salary

(4 salaries)

₹5 L/yr - ₹13.75 L/yr

Financial Analyst Salary

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Process Associate Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Finance Executive Salary

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₹2.4 L/yr - ₹4.41 L/yr

Senior Process Associate Salary

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₹1.9 L/yr - ₹2.4 L/yr

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₹1.5 L/yr - ₹6 L/yr

Senior Analyst Salary

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₹8.1 L/yr - ₹10.4 L/yr

Management Trainee Salary

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Team Lead Salary

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Top skills at Tata Power for Financial Associate

Finance Invoice Processing Auditing Accounting TDS ERP System Vendor Payments Internal Audit Expenses Vendor Reconciliation Cost Audit Ap Taxation Statutory Audit Banking

Salary related reviews for Tata Power

4.6

Rated by 7 employees for salary & benefits

Team Lead in Kolkata

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Jan 2025

4.0

for Salary and Benefits

Likes

Accommodation provided which is helpful for lower grade employee Car/Bike petrol reimbursement Car Policy for higher grade employee Good mediclaim policy with Tata AIG

Salary - Good

+3 more

Dislikes

Variable pay is 50% of your basic salary which is very higher

Promotions - Poor

Team Lead in Baleshwar

Full Time

Construction & Site Engineering Department

4.0

• posted on 25 Mar 2025

3.0

for Salary and Benefits

Likes

On time salary and holidays as per the government calendar

Skill development - Good

+3 more

Dislikes

Here no special treatment given to the fresher or the new joiners. There is not learning stage one can get. But I think that depends upon reporting officers.

Team Lead in Jeypore

Full Time

Energy & Mining Department

1.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

Only Salary on time.

Dislikes

Tata is only brand name and spent too many money for positive brand name. Main aim is to sucks the money from the people. Tata code of conduct is only on paper but ground reality is different.

Salary - Bad

+6 more

Lead Engineer in Bangalore / Bengaluru

Full Time

Energy & Mining Department

4.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

Company wants to deliver a lot of facilities according to policies but many privileges are denied by project mangers and above.

Salary - Good

+3 more

Dislikes

We work at site in remote areas. Our allowances are very less. Being in office and being on site has no difference in salary but too much difference in work conditions, pressure, targets and exploitation by management.

Promotions - Bad

+2 more

Business Human Resource Lead in Mumbai

Full Time

Human Resources Department

3.0

• posted on 20 Sep 2024

1.0

for Salary and Benefits

Likes

Its just the brand value

Job security - Good

Dislikes

...would be free of cost if we work there for 4 years. Else we need to buy back it. When it was time to buy back i had to pay about 50k for it. WHICH WAS ALSO NOT MENTIONED DURING INTERVIEW. The work culture is too bad. No one cares about employees.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

84 participants . expiring in 3d

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Tata Power Financial Associate Salary FAQs

What is the salary of Financial Associate at Tata Power ?

The average salary of a Financial Associate at Tata Power in India typically ranges from ₹1.6 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Financial Associate at Tata Power earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Financial Associate Salaries at Tata Power 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 40+ Tata Power employees in India.

What is the estimated take home salary of a Financial Associate at Tata Power in India?

The estimated take-home salary of a Financial Associate at Tata Power in India typically ranges from ₹25,549 to ₹26,979 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 8 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 40+ salaries received from various employees of Tata Power. 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 Tata Power ?

To be a Financial Associate at Tata Power in india, the key skills required include:

- Finance
- Invoice Processing
- Auditing
- Accounting
- TDS

These skills are highly valued at Tata Power and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Tata Power for Financial Associate in India?

Eaton	₹3.6 Lakhs to ₹10.0 Lakhs per year
Adani Group	₹3.2 Lakhs to ₹8.5 Lakhs per year
Accenture	₹1.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Financial Associate in companies similar to Tata Power in India?

The salary of a Financial Associate at companies similar to Tata Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

R.R. Donnelley	₹1.5 Lakhs to ₹4.3 Lakhs per year
Maharashtra State Electricity Distribution Company	₹2.0 Lakhs to ₹2.7 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 Tata Power in India?

The salary growth for a Financial Associate at Tata Power depends on factors such as experience, performance, and promotions. On average, a Financial Associate can expect the following growth trajectory at Tata Power:

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.1 Lakhs to ₹5.0 Lakhs per year

and so on.

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Tata Power Financial Associate Salaries

Tata Power Financial Associate salary in India ranges between ₹1.6 Lakh to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Tata Power latest salaries received from various employees of Tata Power.