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The Treasury Officer is essential for identifying and managing the finance, cash flow, and risk position of an organization while maintaining fiscal responsibility and compliance. This is true in government and in the private sector. Understanding the relevant pay and remuneration structures will be valuable for interested candidates, current Treasury Officers, and their executives or recruitment officers.
Average Salary of a Treasury Officer in India in 2025
The average annual salary of a Treasury Officer in India typically falls between 388,000 INR and 480,000 INR, with variations based on several influencing aspects including the Treasury Officer’s experience, location, qualifications, and the sector of employment. Salaries are variantly lower in metropolitan cities such as Bengaluru and Mumbai due to higher cost of living and more competitive job markets.
Salary Breakdown by Experience Level with Explanation
Experience is the most important factor affecting Treasury Officer salaries. The pay scale below outlines average pay in annual salaries by years of experience, and provides insight into how pay scales increase based on work experience.
Experience Level | Average Annual Salary (INR) | Percentage Increase from Previous Level |
0-2 Years (Entry) | 210,000 - 240,000 | - |
2-5 Years (Junior) | 320,000 - 330,000 | 35% |
5-10 Years (Mid) | 470,000 - 480,000 | 45% |
10-15 Years (Senior) | 580,000 - 600,000 | 22% |
15-20 Years (Expert) | 630,000 - 640,000 | 9% |
20+ Years (Master) | 680,000 - 690,000 | 8% |
This table shows a clear increase in salary with experience, especially in the first 10 years. While Treasury Officers earn little at initial appointments, in mid-career they can expect to earn nearly double those entry-level salaries as they have gained skills and assumed a higher level of responsibility. After about 15 years, while salary growth levels off, and is often expressed in small positions, the salary continues to increase, albeit at a smaller pace, which rewards expertise and seniority.
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Key Factors Affecting Treasury Officer Salary
- Experience: As a general rule, you can expect to get paid more in treasury jobs with more years of experience.
- Location: The highest pay generally applies to high-cost metropolitan regions like Mumbai, Bengaluru, and Delhi.
- Sector Differences: In the government sector, salary tends to be a mostly fixed scale with allowances, while in private companies, there is usually a higher base salary and bonus compensation.
- Education: Higher levels of education will always have a positive impact on pay, e.g., an MBA (Finance), CFA or CTP designation.
- Skills: A Treasury Officer's greater knowledge of treasury software, compliance, risk management, etc. will also yield greater pay.
Regional Salary Differences
Salary ranges are significantly different across Indian states due to different economies and cost of living. The table below provides average annual salary amounts in major states:
State | Average Annual Salary (INR) | Salary Range (INR) | Notes |
Karnataka | 4,62,300 | 210,500 - 735,500 | Higher average due to Bengaluru's economy |
Maharashtra | 4,30,000 | 200,000 - 700,000 | Mumbai's status as a financial hub |
Delhi NCR | 4,40,000 | 190,000 - 720,000 | Higher pay in metropolitan regions |
Tamil Nadu | 4,00,000 | 180,000 - 650,000 | Emerging financial sectors |
West Bengal | 3,70,000 | 170,000 - 600,000 | Moderate market breadth and competition |
Government Treasury Officer Pay Scale for 2025
Generally speaking, government treasury officers will follow the 7th Pay Commission and be under Pay Matrix Levels 9 or 10. The pay structure is very solid and predictable.
Pay Matrix Level | Approximate Basic Pay (Monthly) | Estimated Total Monthly Salary (Including Allowances) |
Level 9 | 53,100 INR | 80,000 - 90,000 INR |
Level 10 | 57,700 INR | 85,000 - 96,000 INR |
Private Sector Treasury Officer Salary
In comparison to salary levels in the government sector, the private sector offers:
- Higher starting salaries (generally 25-40% more)
- Performance-based bonuses (up to 20% of salary)
- Share options or profit sharing schemes at some firms
- Additional employee benefits such as health insurance, paid tuition assistance and flexible benefits
- Bonuses and perks are an important part of total compensation, but, unlike benefits such as pensions, vary from organization to organization.
Career Development and Salary Progression
Career Ladder:
- Treasury Officer
- Senior Treasury Officer
- Assistant Treasury Manager
- Treasury Manager
- Finance Manager or CFO (Chief Financial Officer)
Advancements will be based on performance, experience and additional qualifications.
Salary Impact of Advancement:
- Senior Treasury Officers can earn 1,200,000 INR + per annum.
- Treasury Managers can be in the range of 1,800,000 - 3,000,000 INR.
- CFO’s or senior finance professionals can be 5,000,000+ INR depending on the size of the organization.
Allowances and Benefits
Treasury Officers, especially in government roles, enjoy multiple allowances supplementing base salary.
Allowance Name | Description | Approximate Monthly Amount (INR) |
House Rent Allowance (HRA) | Usually 24% of basic pay for metropolitan cities | 15,000 - 20,000 |
Dearness Allowance (DA) | Inflation adjustment payment | 5% - 10% of basic salary |
Transport Allowance | Reimbursement for commuting | 1,600 - 3,200 |
Medical Allowance | Medical expenses coverage | 1,250 - 2,500 |
Performance Bonus | Annual bonus based on appraisal | Up to 10-20% of yearly salary |
Treasury Officer Salary Comparison with Related Finance Roles
Comparing Treasury Officer pay with related job roles gives insights into the remuneration spectrum within financial professions.
Job Role | Average Salary (INR Annual) | Experience Level |
Treasury Officer | 388,000 - 480,000 | Entry to Mid |
Senior Treasury Officer | 900,000 - 1,200,000 | Mid to Senior |
Treasury Manager | 1,800,000 - 3,000,000 | Senior |
Financial Analyst | 350,000 - 600,000 | Entry to Mid |
Accountant | 300,000 - 450,000 | Variable |
Conclusion
In conclusion, the recruitment or Treasury Officer role as it exists throughout India is a long-term career path that is steady, and well-supported by pay increments as they grow in experience; usually even allowing staff to get further additional pay increases as their pay is determined by experience, qualifications, and location. Whether as part of the government entity or the private sector, the Treasury professionals across India get regular step-up pay increases, extended allowances or bonuses, and clear career progression.
For those Treasury Officer aspirants that will find themselves in search of the highest paying jobs in 2025, one should consider certifications, optimal mobility and regional choice of work and enhancing their skills.
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