Thermax Limited Deputy Manager - Finance Salaries by 7 Employees (Updated 2025)

3 - 19 years exp.

₹10.2 Lakhs - ₹18.5 Lakhs

Low Confidence

Salary of majority employees

31% more than the average Deputy Manager - Finance Salary in Industrial Machinery Companies for 3 - 19 years of experience

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Last Updated: 13 Mar 2025

Companies similar to Thermax Limited for Deputy Manager - Finance

Company name	Avg Annual Salary	Open Jobs
BHEL Deputy Manager - Finance Salary 9 - 16 years exp. (46 salaries)	₹18 L/yr - ₹27 L/yr 50% more
Siemens Deputy Manager - Finance Salary 4 - 15 years exp. (4 salaries)	₹6.1 L/yr - ₹20 L/yr 16% less
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Larsen & Toubro Limited Deputy Manager - Finance Salary 2 - 5 years exp. (4 salaries)	₹9.5 L/yr - ₹18 L/yr 11% less
CG Power and Industrial Solutions Deputy Manager - Finance Salary 4 - 16 years exp. (12 salaries)	₹8 L/yr - ₹15 L/yr 29% less	2 job openings
Blue Star Deputy Manager - Finance Salary 2 - 20 years exp. (5 salaries)	₹16.2 L/yr - ₹22 L/yr 24% more
KONE Deputy Manager - Finance Salary 13 - 22 years exp. (10 salaries)	₹9.7 L/yr - ₹15.1 L/yr 20% less
Kirloskar Oil Engines Deputy Manager - Finance Salary 0 - 21 years exp. (9 salaries)	₹11.4 L/yr - ₹13.4 L/yr 20% less
TechnipFMC Deputy Manager - Finance Salary 5 - 13 years exp. (6 salaries)	₹14.6 L/yr - ₹20 L/yr 10% more
Danfoss Industries Deputy Manager - Finance Salary 0 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17 L/yr 12% less
GKN Deputy Manager - Finance Salary 22 - 29 years exp. (3 salaries)	₹15 L/yr - ₹18 L/yr 6% more
Timken Deputy Manager - Finance Salary 11 - 16 years exp. (3 salaries)	₹23 L/yr - ₹27 L/yr 66% more
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Deputy Manager - Finance salary at Thermax Limited ranges between ₹10.2 Lakhs to ₹18.5 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Deputy Manager - Finance salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹33.3 L/yr
4 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
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5 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
6 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr
7 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.4 L/yr
9 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹18.9 L/yr
10 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.3 L/yr
11 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹18.5 L/yr
13 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
15+ years (AmbitionBox Estimate)	₹10.2 L/yr - ₹22.7 L/yr

View all

From

Deputy Manager - Finance

3 - 19 years exp.

Senior Manager Finance

Salary unavailable

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.

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Salary related reviews for Thermax Limited

Sales And Business Development in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

- good working environment - leadership is quite good - work life balance - skill development opportunities through company programs

Skill development - Good

+4 more

Dislikes

- salary quite average - top management gets information through sr manager and Jr employees opinion not much counted - no mechanism for 360 degree feedback

Executive - Operations And HR in Pune

Full Time

Human Resources Department

3.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Its a big name in the manufacturing industry.

Job security - Good

+1 more

Dislikes

...itious may not get recognition and better Job role opportunities within Thermax. Promotion reflects only on Salary and grade part bot there is no job enrichment.

Salary - Poor

+3 more

Operation Incharge in Jalandhar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 16 Oct 2024

4.0

for Salary and Benefits

Likes

Salary and facilities are soo good. Thermax company Is good.

Salary - Good

+2 more

Dislikes

1.Very worst site management. 2. Top level project managers are only hearing site management staff only.not hearing all the staffs opinions.

Promotions - Poor

+3 more

Shift Incharge Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 16 Oct 2024

2.0

for Salary and Benefits

Likes

Safety culture is the thing I like the most. I have learnt more about safety as shift incharge which is the good thing in the thermax

Skill development - Good

+1 more

Dislikes

The corruption in thermax is the thing I hate it. Like, during bonus, I have get about Rs 20000 on paper but i received only Rs 10085 as a bonus. The Rs 10000 I not received yet. Pls Help me to get my due bonus amount

Salary - Poor

+2 more

Shift Incharge in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Apr 2024

3.0

for Salary and Benefits

Likes

1- main work culture 2- works on safety 3- work without taken risk 4- maintain every parameter as per norms.

Company culture - Good

+1 more

Dislikes

1- dump in salary growth 2- never aspect stability in one location 3- They also hire 2 years contract basis 4- No additional benefits

Promotions - Poor

see more salary related reviews

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Thermax Limited Deputy Manager - Finance Salary FAQs

What is the salary of Deputy Manager - Finance at Thermax Limited ?

The average salary of a Deputy Manager - Finance at Thermax Limited in India typically ranges from ₹10.2 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 3 years to 19 years).

The top 10% of Deputy Manager - Finance at Thermax Limited earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Deputy Manager - Finance Salaries at Thermax Limited 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 7 Thermax Limited employees in India.

What is the estimated take home salary of a Deputy Manager - Finance at Thermax Limited in India?

The estimated take-home salary of a Deputy Manager - Finance at Thermax Limited in India typically ranges from ₹1,05,971 to ₹1,08,886 per month. This is based on the average salary range of ₹10.2 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 3 years to 19 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 7 salaries received from various employees of Thermax Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Thermax Limited for Deputy Manager - Finance in India?

Timken	₹23.0 Lakhs to ₹27.0 Lakhs per year
BHEL	₹18.0 Lakhs to ₹27.0 Lakhs per year
Blue Star	₹16.2 Lakhs to ₹22.0 Lakhs per year
TechnipFMC	₹14.6 Lakhs to ₹20.0 Lakhs per year
GKN	₹15.0 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Deputy Manager - Finance in companies similar to Thermax Limited in India?

The salary of a Deputy Manager - Finance at companies similar to Thermax Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited	₹9.5 Lakhs to ₹18.0 Lakhs per year
Danfoss Industries	₹12.0 Lakhs to ₹17.0 Lakhs per year
Siemens	₹6.1 Lakhs to ₹20.0 Lakhs per year
Kirloskar Oil Engines	₹11.4 Lakhs to ₹13.4 Lakhs per year
KONE	₹9.7 Lakhs to ₹15.1 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 Deputy Manager - Finance at Thermax Limited in India?

The salary growth for a Deputy Manager - Finance at Thermax Limited depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Finance can expect the following growth trajectory at Thermax Limited:

Experience	Average Salary Range
3 years	₹17.5 Lakhs to ₹33.3 Lakhs per year
4 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
5 years	₹16.5 Lakhs to ₹21.1 Lakhs per year
6 years	₹16.1 Lakhs to ₹20.5 Lakhs per year

and so on.

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Thermax Limited Deputy Manager - Finance Salaries

Thermax Limited Deputy Manager - Finance salary in India ranges between ₹10.2 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Thermax Limited latest salaries received from various employees of Thermax Limited.