Thermax Limited Financial Associate Salaries by 7 Employees (Updated 2025)

2 - 17 years exp.

₹2.6 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Financial Associate Salary in Industrial Machinery Companies for 2 - 17 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Thermax Limited for Financial Associate

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BHEL Financial Associate Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 58% less
Larsen & Toubro Limited Financial Associate Salary 1 - 2 years exp. (7 salaries)	₹2 L/yr - ₹2.9 L/yr 39% less
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Cummins Financial Associate Salary 0 - 7 years exp. (27 salaries)	₹2.3 L/yr - ₹6.9 L/yr 2% more	1 job opening
ABB Financial Associate Salary 4 - 8 years exp. (9 salaries)	₹4.1 L/yr - ₹7.5 L/yr 45% more
Tata Power Financial Associate Salary 0 - 8 years exp. (49 salaries)	₹1.6 L/yr - ₹6.5 L/yr 17% less
CG Power and Industrial Solutions Financial Associate Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 23% less
John Deere Financial Associate Salary 0 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 27% less
Timken Financial Associate Salary 4 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 22% less
Stanley Black & Decker Financial Associate Salary 0 - 8 years exp. (4 salaries)	₹3.4 L/yr - ₹4.2 L/yr 9% less

Financial Associate salary at Thermax Limited ranges between ₹2.6 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Financial Associate salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
13 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
14 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.2 L/yr
15+ years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Thermax Limited

Senior Associate Salary

(AmbitionBox Estimate)

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Financial Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.2 L/yr - ₹1.5 L/yr

Finance Executive Salary

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Analyst Salary

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₹2.7 L/yr - ₹3.5 L/yr

Account Assistant Salary

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₹1.95 L/yr - ₹4 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Management Trainee Salary

(7 salaries)

₹13 L/yr - ₹16 L/yr

Team Lead Salary

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₹6.8 L/yr - ₹20 L/yr

Accountant Salary

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Salary related reviews for Thermax Limited

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Facility Manager in Bidar

Full Time

Energy & Mining Department

4.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Good atmosphere for working I am trying to rejoin the Thermax group in Karnataka. I did not any idea of promotion and salary hike

Salary - Excellent

+2 more

Dislikes

Third party contractor like casual labour issue I discuss with our superior persons and also contractor but not resolve the issue

Job security - Bad

+2 more

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

see more salary related reviews

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Thermax Limited Financial Associate Salary FAQs

What is the salary of Financial Associate at Thermax Limited?

Financial Associate salary at Thermax Limited in India ranges between ₹2.6 Lakhs to ₹5.2 Lakhs for experience between 2 years to 17 years. According to our estimates it is 15% less than the average Financial Associate Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Thermax Limited India.

How does the salary of a Financial Associate at Thermax Limited India compare with the average salary range for this job?

The average salary of a Financial Associate at Thermax Limited is 15% less than the average salary of a Financial Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Thermax Limited to a Financial Associate in India?

ABB Financial Associate Salary - ₹4.1 Lakhs to ₹7.5 Lakhs per year
Cummins Financial Associate Salary - ₹2.3 Lakhs to ₹6.9 Lakhs per year

What is the salary of a Financial Associate in companies similar to Thermax Limited in India?

Stanley Black & Decker Financial Associate Salary - ₹3.4 Lakhs to ₹4.2 Lakhs per year
Tata Power Financial Associate Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year
Timken Financial Associate Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
CG Power and Industrial Solutions Financial Associate Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
John Deere Financial Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Financial Associate at Thermax Limited in India?

The estimated take-home salary of a Financial Associate at Thermax Limited ranges between ₹29,651 per month to ₹30,971 per month in India. The take-home salary calculation is based on the average Thermax Limited Financial Associate salary in India which ranges between ₹2.6 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Financial Associate at Thermax Limited?

According to AmbitionBox, 80% of the Thermax Limited Financial Associates reported a notice period of 1 Month, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Thermax Limited Financial Associate Salaries

Thermax Limited Financial Associate salary in India ranges between ₹2.6 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Thermax Limited latest salaries received from various employees of Thermax Limited.