Average Risk and Capital Manager Salary in India for 2024

In this article, we will look at the average Risk and Capital Manager salary for 2024 in India and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.

How Much Does a Risk and Capital Manager Make in India?

A Risk and Capital Manager working in India will typically earn around 645,800 INR per year, and this can range from the lowest average salary of about 301,700 INR to the highest average salary of 1,021,800 INR.

Average Annual Salary
645,800 INR
Average Monthly Salary
53,816 INR
Lowest Annual Salary
301,700 INR
Lowest Monthly Salary
25,141 INR
Highest Annual Salary
1,021,800 INR
Highest Monthly Salary
85,150 INR

These are average salaries for a Risk and Capital Manager in India and include benefits such as housing and transport. It's also possible for a Risk and Capital Manager to earn more or less than the average salaries shown above.

Risk and Capital Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Risk and Capital Manager Salaries in India

So we've looked at the average salaries a Risk and Capital Manager will earn in India. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk and Capital Manager can earn between 301,700 INR and 1,021,800 INR on average in India. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Risk and Capital Manager in India is 683,800 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 683,800 INR, and 50% of the population earn more than 683,800 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Risk and Capital Manager salary in India, 25% of the population are earning less than 444,300 INR while 75% of the population earn more than 444,300 INR.

75% of the population earn less than 903,500 INR, and 25% of the population earn more than 903,500 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Risk and Capital Manager Salary by Experience Level in India

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average risk and capital manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Risk and Capital Manager in India that has less than two years of experience can expect to earn somewhere in the region of 352,000 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk and Capital Manager salary would increase to 483,400 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk and Capital Manager, the average salary would be 688,900 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 839,500 INR.
  • 15 - 20 Years Experience. A Risk and Capital Manager with 15 to 20 years of experience can earn an average of 884,700 INR.
  • 20+ Years Experience. For a Risk and Capital Manager with more than 20 years, the expected average salary increases to 965,000 INR.

Average Salary by Experience Chart

0-2 Years
352,000 INR
2-5 Years +38%
483,400 INR
5-10 Years +42%
688,900 INR
10-15 Years +22%
839,500 INR
15-20 Years +6%
884,700 INR
20+ Years +9%
965,000 INR

Risk and Capital Manager Salary by Education Level in India

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Risk and Capital Manager in India based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Risk and Capital Manager in India with a high school education can earn an average salary of 431,300 INR.

  • Certificate or Diploma. A Risk and Capital Manager in India with a certificate or diploma education can earn an average salary of 504,400 INR.

  • Bachelor's Degree. A Risk and Capital Manager in India with a bachelor's degree education can earn an average salary of 735,500 INR.

  • Master's Degree. A Risk and Capital Manager in India with a master's degree education can earn an average salary of 965,000 INR.

Average Salary by Education Chart

High School
431,300 INR
Certificate or Diploma +17%
504,400 INR
Bachelor's Degree +45%
735,500 INR
Master's Degree +31%
965,000 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Risk and Capital Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In India, a male risk and capital manager will earn an average of 695,400 INR, while a female risk and capital manager will earn around 606,400 INR.

This means that a male risk and capital manager earns approximately 15% more than a female risk and capital manager for performing the same job.

Average Salary by Gender Chart in India

Male
695,400 INR
Female -15%
606,400 INR

Risk and Capital Manager Average Pay Raise in India

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Risk and Capital Manager in India is around 14% every 15 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 14 ÷ 15 ) × 12  = 11%

What this means is that a Risk and Capital Manager in India can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in India for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Risk and Capital Manager Bonus and Incentive Rates in India

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Risk and Capital Manager is a high bonus based job, with 85% of employees reporting at least one bonus in the last 12 months.

15% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
85%
No Bonus
15%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector
392,300 INR
Private Sector -6%
371,100 INR

Salaries for Jobs Similar to a Risk and Capital Manager

In the table below, we have salary information for jobs that are similar to a Risk and Capital Manager in India.

Job Title Category Salary
Account Coordinator Executive and Management 357,300 INR
Account Director Executive and Management 428,400 INR
Account Executive Executive and Management 437,300 INR
Account Manager Executive and Management 414,000 INR
Administration Manager Executive and Management 428,400 INR
Administration Officer Executive and Management 227,600 INR
Administration Supervisor Executive and Management 357,300 INR
Administrative Clerk Executive and Management 172,200 INR
Administrative Officer Executive and Management 172,200 INR
Area Director Executive and Management 397,900 INR
Area Manager Executive and Management 397,900 INR
Asset Protection Associate Executive and Management 464,900 INR
Assistant Director Executive and Management 437,300 INR
Assistant General Manager Executive and Management 464,900 INR
Assistant Manager Executive and Management 471,700 INR
Assistant Managing Director Executive and Management 520,900 INR
Assistant Operations Manager Executive and Management 498,000 INR
Assistant Project Manager Executive and Management 447,300 INR
Assistant Section Head Executive and Management 369,300 INR
Assistant to CEO Executive and Management 414,000 INR
Assistant Vice President Executive and Management 475,700 INR
Associate Account Director Executive and Management 450,300 INR
Associate Director Executive and Management 450,300 INR
Bid Manager Executive and Management 510,000 INR
Branch Manager Executive and Management 489,500 INR
Business Development Manager Executive and Management 545,300 INR
Business Operations Associate Executive and Management 447,300 INR
Business Operations Lead Executive and Management 460,500 INR
Campaign Manager Executive and Management 492,700 INR
Catering Coordinator Executive and Management 275,200 INR
Catering Manager Executive and Management 440,200 INR
CEO Executive and Management 854,300 INR
Chairman of The Board Executive and Management 830,500 INR
Chairman Office Manager Executive and Management 545,300 INR
Chief Commercial Officer Executive and Management 618,800 INR
Chief Corporate Officer Executive and Management 689,900 INR
Chief Executive Officer Executive and Management 854,300 INR
Chief Financial Officer Executive and Management 788,000 INR
Chief Investment Officer Executive and Management 633,100 INR
Chief of Staff Executive and Management 397,900 INR
Chief Operating Officer Executive and Management 641,900 INR
Chief Risk Officer Executive and Management 551,200 INR
Client Account Manager Executive and Management 514,300 INR
Client Accounts Officer Executive and Management 430,500 INR
Client Services Manager Executive and Management 551,200 INR
Commercial Director Executive and Management 581,300 INR
Commercial Manager Executive and Management 525,700 INR
Commercial Project Manager Executive and Management 464,900 INR
Commodity Broker Executive and Management 357,300 INR
COO Executive and Management 641,900 INR
Corporate Affairs Executive Executive and Management 510,000 INR
Corporate Compliance Director Executive and Management 555,800 INR
Corporate Director Executive and Management 583,000 INR
Corporate Officer Executive and Management 397,900 INR
Corporate Partnerships Officer Executive and Management 414,000 INR
Country Manager Executive and Management 664,500 INR
Department Head Executive and Management 520,900 INR
Department Manager Executive and Management 520,900 INR
Department Supervisor Executive and Management 450,300 INR
Deputy Director Executive and Management 603,400 INR
Deputy Manager Executive and Management 607,400 INR
Director Executive and Management 664,500 INR
Director of Accreditation Executive and Management 563,300 INR
Director of Catering Services Executive and Management 510,000 INR
Director of Client Services Executive and Management 545,300 INR
Director of Facilities Management Executive and Management 464,900 INR
Director of Operations Executive and Management 563,300 INR
Director of Process Simplification Executive and Management 447,300 INR
Director of Product Management Executive and Management 563,300 INR
Director of Project Management Executive and Management 592,600 INR
Director of Revenue Management Executive and Management 520,900 INR
Director of Training and Development Executive and Management 545,300 INR
Distribution Manager Executive and Management 583,000 INR
Division Manager Executive and Management 498,000 INR
Duty Manager Executive and Management 489,500 INR
Engagement Manager Executive and Management 597,800 INR
Executive Director Executive and Management 840,100 INR
Executive Manager Executive and Management 695,200 INR
Franchise Manager Executive and Management 722,100 INR
General Manager Executive and Management 664,500 INR
Global Master Data Manager Executive and Management 592,600 INR
Global Technical Lead Executive and Management 394,300 INR
Head of Investment Executive and Management 568,500 INR
Head of Middle Office Executive and Management 537,300 INR
Head of Projects Executive and Management 568,500 INR
Head of Strategy Executive and Management 641,900 INR
Head of Supply Chain Executive and Management 520,900 INR
Head of Sustainability Executive and Management 480,600 INR
Housing Manager Executive and Management 454,900 INR
HSE Manager Executive and Management 471,700 INR
Key Account Manager Executive and Management 475,700 INR
Knowledge Manager Executive and Management 545,300 INR
Location Manager Executive and Management 533,100 INR
Logistics Executive Executive and Management 440,200 INR
Logistics Manager Executive and Management 440,200 INR
Management Consultant Executive and Management 450,300 INR
Management Executive Executive and Management 615,000 INR
Manager Executive and Management 568,500 INR
Managing Director Executive and Management 684,900 INR
MIS Executive Executive and Management 568,500 INR
Ocean Services Manager Executive and Management 592,600 INR
Operational Manager Executive and Management 597,800 INR
Operations Analyst Executive and Management 498,000 INR
Operations Assistant Executive and Management 414,000 INR
Operations Director Executive and Management 637,500 INR
Operations Executive Executive and Management 618,800 INR
Operations Manager Executive and Management 637,500 INR
Operations Supervisor Executive and Management 525,700 INR
Planning Director Executive and Management 603,400 INR
PMO Manager Executive and Management 533,100 INR
Policy Administration Executive Executive and Management 485,300 INR
Private Sector Executive Executive and Management 504,400 INR
Product Development Manager Executive and Management 568,500 INR
Product Executive Executive and Management 498,000 INR
Production Executive Executive and Management 575,100 INR
Production Manager Executive and Management 575,100 INR
Production Supervisor Executive and Management 485,300 INR
Program Director Executive and Management 592,600 INR
Program Manager Executive and Management 592,600 INR
Programme Coordinator Executive and Management 407,300 INR
Project Control Manager Executive and Management 592,600 INR
Project Coordinator Executive and Management 351,900 INR
Project Management Officer Executive and Management 403,100 INR
Project Manager Executive and Management 428,400 INR
Project Portfolio Manager Executive and Management 454,900 INR
Quality Manager Executive and Management 460,500 INR
R/D Director Executive and Management 510,000 INR
Regional Director Executive and Management 782,500 INR
Regional Manager Executive and Management 589,400 INR
Relationship Manager Executive and Management 563,300 INR
Retail District Manager Executive and Management 403,100 INR
Revenue Manager Executive and Management 450,300 INR
Risk Officer Executive and Management 430,500 INR
Safety Manager Executive and Management 428,400 INR
Section Head Executive and Management 437,300 INR
Service Manager Executive and Management 454,900 INR
Shift Supervisor Executive and Management 351,900 INR
Solutions Manager Executive and Management 403,100 INR
Supervisor Executive and Management 351,900 INR
Supply Chain Manager Executive and Management 603,400 INR
Surveyor Executive and Management 397,900 INR
Technical Director Executive and Management 545,300 INR
Technical Manager Executive and Management 545,300 INR
Territory Manager Executive and Management 563,300 INR
Validation Manager Executive and Management 485,300 INR
Vice President Executive and Management 689,900 INR
Zone Manager Executive and Management 592,600 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
agra 585,900 INR
Ahmadabad 698,200 INR
Bangalore 758,700 INR
Bhopal 631,200 INR
Chennai 744,600 INR
Coimbatore 623,700 INR
Delhi 769,500 INR
Ghaziabad 653,200 INR
Hyderabad 719,100 INR
Indore 677,100 INR
Jaipur 683,800 INR
Kanpur 670,600 INR
Kolkata 702,800 INR
Lucknow 705,500 INR
Ludhiana 641,900 INR
Madurai 607,400 INR
Mumbai 769,500 INR
Nagpur 675,200 INR
Patna 633,100 INR
Pimpri-Chinchwad 633,300 INR
Pune 675,100 INR
Surat 709,600 INR
Vadodara 576,500 INR
Visakhapatnam 623,700 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

City Average Salary
Andaman & Nicobar Islands 559,000 INR
Andhra Pradesh 752,600 INR
Arunachal Pradesh 597,800 INR
Assam 714,300 INR
Bihar 751,700 INR
Chandigarh 588,500 INR
Chhatisgarh 719,100 INR
Dadra & Nagar Haveli 562,600 INR
Daman & Diu 575,100 INR
Delhi 646,600 INR
Goa 615,000 INR
Gujarat 702,800 INR
Haryana 671,000 INR
Himachal Pradesh 671,000 INR
Jammu & Kashmir 646,600 INR
Jharkhand 732,400 INR
Karnataka 718,000 INR
Kerala 714,600 INR
Lakshadweep 524,400 INR
Madhya Pradesh 757,300 INR
Maharashtra 800,200 INR
Manipur 615,300 INR
Meghalaya 638,700 INR
Mizoram 566,900 INR
Nagaland 620,300 INR
Orissa 751,700 INR
Pondicherry 590,200 INR
Punjab 714,600 INR
Rajasthan 731,700 INR
Sikkim 583,000 INR
Tamil Nadu 714,300 INR
Tripura 638,700 INR
Uttar Pradesh 774,200 INR
Uttaranchal 679,200 INR
West Bengal 783,800 INR

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