Thermax Limited Pune Financial Associate Salaries by 5 Employees (Updated 2025)

11 - 17 years exp.

₹3.9 Lakhs - ₹5.2 Lakhs

Salary of majority employees

25% less than the average Financial Associate Salary in Industrial Machinery Companies for 11 - 17 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Thermax Limited for Financial Associate in Pune

Thermax Limited Financial Associate Salary

11 - 17 years exp. (5 salaries)

₹3.9 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Cummins Financial Associate Salary 0 - 7 years exp. (24 salaries)	₹2.3 L/yr - ₹6.9 L/yr 1% less	1 job opening
State Street Syntel Financial Associate Salary 1 - 5 years exp. (96 salaries)	₹1.8 L/yr - ₹4.2 L/yr 23% less
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Eviden Financial Associate Salary 1 - 4 years exp. (70 salaries)	₹2 L/yr - ₹3.5 L/yr 27% less
ZS Financial Associate Salary 1 - 6 years exp. (58 salaries)	₹4 L/yr - ₹11.2 L/yr 116% more	2 job openings
BNY Financial Associate Salary 1 - 7 years exp. (38 salaries)	₹2.7 L/yr - ₹9.7 L/yr 88% more

Financial Associate salary at Thermax Limited ranges between ₹3.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Financial Associate salaries in Pune

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.6 L/yr
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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

Similar Designation salaries in Thermax Limited

Finance Executive Salary

(13 salaries)

₹2.93 L/yr - ₹6.5 L/yr

Team Lead Salary

(7 salaries)

₹8.5 L/yr - ₹20 L/yr

Account Assistant Salary

(5 salaries)

₹1.95 L/yr - ₹4 L/yr

Management Trainee Salary

(5 salaries)

₹14.17 L/yr - ₹16 L/yr

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 in Pune?

The average salary of a Financial Associate at Thermax Limited in Pune typically ranges from ₹3.9 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Financial Associate in Pune at Thermax Limited earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Financial Associate 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 5 Thermax Limited employees in India.

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

The estimated take-home salary of a Financial Associate at Thermax Limited in Pune typically ranges from ₹29,651 to ₹30,971 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 11 years to 17 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 5 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 Financial Associate in India?

ZS	₹4.0 Lakhs to ₹11.2 Lakhs per year
BNY	₹2.7 Lakhs to ₹9.7 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 Financial Associate in companies similar to Thermax Limited in Pune?

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

Cummins	₹2.3 Lakhs to ₹6.9 Lakhs per year
State Street Syntel	₹1.8 Lakhs to ₹4.2 Lakhs per year
Eviden	₹2.0 Lakhs to ₹3.5 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 Financial Associate at Thermax Limited in Pune?

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

Experience	Average Salary Range
11 years	₹3.9 Lakhs to ₹7.3 Lakhs per year
12 years	₹1.6 Lakhs to ₹4.6 Lakhs per year
13 years	₹1.6 Lakhs to ₹4.6 Lakhs per year
14 years	₹1.6 Lakhs to ₹5.2 Lakhs per year

and so on.

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Thermax Limited Financial Associate Salaries in Pune

Thermax Limited Financial Associate salary in Pune ranges between ₹3.9 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Thermax Limited latest salaries received from various employees of Thermax Limited.