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Average Treasury Operations Officer Salary in India for 2026

A treasury operations officer in India earns about 369,300 INR a year. That's 4% roughly in line with the national average of 384,200 INR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in India sit around 175,900 INR a year, while the very top stretches to 581,000 INR. Everything on this page is in Indian rupee (INR, symbol ₹), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in India, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

How much does a treasury operations officer make in India?

Average salary
369,300 INR
30,775 INR per month
Lowest reported
175,900 INR
14,658 INR per month
Highest reported
581,000 INR
48,416 INR per month

A typical treasury operations officer working in India brings home around 30,775 INR a month before tax. Entry-level pay starts near 175,900 INR, and the top of the ladder reaches roughly 581,000 INR for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior treasury operations officer working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.

How treasury operations officer pay ranges in India

A good way to think about salary in India is to look at the distribution rather than the headline average. Half of all treasury operations officers in India earn less than 384,500 INR a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 252,300 INR (the 25th percentile), and a quarter clear 501,400 INR (the 75th percentile). The middle 50% of treasury operations officers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 175,900 INR. The highest stretch to 581,000 INR, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

175,900
Low
384,500
Median
581,000
High
252,300
25th
501,400
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in INR

Treasury operations officer pay by experience in India

Years of experience is the single biggest lever on pay for a treasury operations officer in India, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical treasury operations officer salary changes as you move through the career ladder.

  • 0-2 Years
    207,700 INR
  • 2-5 Years
    +42% from previous
    294,700 INR
  • 5-10 Years
    +31% from previous
    386,400 INR
  • 10-15 Years
    +24% from previous
    478,100 INR
  • 15-20 Years
    +6% from previous
    504,500 INR
  • 20+ Years
    +10% from previous
    555,800 INR

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 42%. That is the point at which a treasury operations officer typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Treasury operations officer pay by education in India

Education sits alongside experience as one of the biggest factors driving treasury operations officer pay in India. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average treasury operations officer salary in India broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    259,100 INR
  • Bachelor's Degree
    +59% from previous
    412,000 INR
  • Master's Degree
    +33% from previous
    547,800 INR

Treasury operations officer gender pay gap in India

The gender pay gap is a stubborn feature of almost every labour market, and India is no exception. Male treasury operations officers in India earn an average of 392,300 INR a year, while female treasury operations officers earn around 361,600 INR. That works out to a 8% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Treasury Operations Officer gender pay gap

8%

Men earn this much more than women on average in India.

Men 392,300 INR
Women 361,600 INR

Pay raises for a treasury operations officer in India

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in India sees a raise of about 13% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in India, the national average raise is around 9% every 16 months.

By industry

Industries with the highest pay raises in India:

  • Banking
    1%
  • Energy
    2%
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Treasury operations officer bonus rates in India

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

57%

57% of treasury operations officers in India reported a bonus of some kind in the past twelve months. That makes a treasury operations officer a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 43% of treasury operations officers reported no bonus at all over the same period.

Which careers pay bonuses in India

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Treasury operations officer: public vs private sector pay

Public-sector pay in India is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

5%

Public-sector workers earn this much more than private-sector workers in India on average.

Public sector 392,300 INR
Private sector 371,100 INR

Treasury operations officer salary by city and region in India

Treasury operations officer pay is not even across India. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Uttar Pradesh
  • West Bengal
  • Maharashtra
  • Bihar
  • Madhya Pradesh
  • Rajasthan
  • Tamil Nadu
  • Hyderabad
  • Karnataka
  • Mumbai
LocationTypeAverageMedianRange
Uttar PradeshRegion459,300 INR459,300 INR228,000-712,100 INR
West BengalRegion448,500 INR431,100 INR232,400-683,800 INR
MaharashtraRegion444,300 INR437,300 INR228,500-687,100 INR
BiharRegion442,300 INR476,600 INR205,700-704,300 INR
Madhya PradeshRegion437,300 INR447,300 INR214,000-681,500 INR
RajasthanRegion437,300 INR447,300 INR214,000-681,500 INR
Tamil NaduRegion433,400 INR407,300 INR231,000-659,200 INR
HyderabadCity431,300 INR459,300 INR205,700-683,800 INR
KarnatakaRegion424,900 INR407,100 INR218,900-650,800 INR
MumbaiCity424,900 INR407,300 INR218,900-649,700 INR
Delhi (city)City420,800 INR413,900 INR215,100-650,700 INR
AhmadabadCity419,400 INR382,600 INR225,300-629,800 INR
OrissaRegion417,200 INR397,900 INR215,100-638,700 INR
GujaratRegion417,100 INR411,400 INR212,500-643,800 INR
JaipurCity412,000 INR394,300 INR212,500-627,900 INR
Andhra PradeshRegion411,400 INR417,100 INR201,100-639,900 INR
JharkhandRegion407,300 INR407,300 INR205,700-631,200 INR
SuratCity404,600 INR430,000 INR192,000-643,400 INR
KeralaRegion404,600 INR372,600 INR217,900-610,100 INR
KolkataCity404,600 INR413,900 INR197,600-632,400 INR
BangaloreCity399,900 INR419,400 INR192,600-629,800 INR
PunjabRegion399,900 INR425,100 INR189,300-632,400 INR
AssamRegion394,500 INR371,100 INR209,700-600,000 INR
PuneCity394,300 INR361,500 INR210,500-596,100 INR
ChennaiCity392,300 INR382,600 INR200,000-603,400 INR
ChhatisgarhRegion389,200 INR389,200 INR194,600-603,400 INR
LucknowCity384,200 INR390,000 INR189,300-596,800 INR
HaryanaRegion382,600 INR362,200 INR205,700-582,700 INR
UttaranchalRegion378,800 INR394,300 INR183,600-595,300 INR
NagpurCity378,800 INR401,300 INR180,300-597,800 INR
KanpurCity378,800 INR401,300 INR180,300-597,800 INR
Delhi (region)Region378,800 INR401,300 INR175,900-597,800 INR
Jammu & KashmirRegion377,200 INR392,300 INR181,600-592,600 INR
Pimpri-ChinchwadCity369,900 INR398,300 INR169,000-588,500 INR
IndoreCity369,900 INR397,900 INR172,200-587,800 INR
TripuraRegion369,300 INR399,900 INR172,200-590,200 INR
LudhianaCity367,900 INR383,300 INR176,800-574,200 INR
Himachal PradeshRegion367,200 INR398,300 INR169,000-585,900 INR
BhopalCity366,200 INR383,300 INR176,800-574,200 INR
ManipurRegion365,400 INR341,400 INR191,600-553,800 INR
MeghalayaRegion361,600 INR389,200 INR164,200-571,300 INR
NagalandRegion357,700 INR357,700 INR180,300-553,800 INR
GhaziabadCity353,600 INR353,600 INR175,900-547,800 INR
VadodaraCity351,900 INR359,900 INR172,200-548,500 INR
CoimbatoreCity349,300 INR325,900 INR183,700-528,500 INR
VisakhapatnamCity348,300 INR365,400 INR167,100-548,500 INR
GoaRegion345,100 INR351,900 INR169,000-535,900 INR
PondicherryRegion344,600 INR318,800 INR187,300-520,900 INR
Arunachal PradeshRegion344,600 INR340,000 INR176,800-533,100 INR
PatnaCity340,400 INR353,600 INR161,600-535,800 INR
MizoramRegion340,400 INR354,000 INR161,600-535,800 INR
agraCity339,100 INR330,900 INR172,400-518,900 INR
SikkimRegion335,100 INR327,300 INR172,200-514,800 INR
ChandigarhRegion330,900 INR345,100 INR159,100-518,900 INR
Dadra & Nagar HaveliRegion325,800 INR312,400 INR167,100-496,100 INR
MaduraiCity325,600 INR351,900 INR151,800-518,300 INR
Andaman & Nicobar IslandsRegion318,800 INR339,100 INR151,800-501,400 INR
Daman & DiuRegion315,900 INR292,000 INR172,200-476,600 INR
LakshadweepRegion313,700 INR335,100 INR150,000-498,000 INR

Treasury Operations Officer in India: FAQs

  • How much does a treasury operations officer make per month in India?

    A treasury operations officer in India earns about 30,775 INR a month before tax, based on an annual average of 369,300 INR.

  • What's the salary range for a treasury operations officer in India?

    Entry-level treasury operations officers in India start near 175,900 INR. Top-end pay reaches around 581,000 INR. The middle 50% of earners sit between 252,300 and 501,400 INR.

  • Is the median treasury operations officer salary in India higher or lower than the average?

    The median is 384,500 INR, higher than the average of 369,300 INR. Half of treasury operations officers in India earn below the median, half earn above it.

  • What's the gender pay gap for treasury operations officers in India?

    Men working as a treasury operations officer in India earn around 8% more than women on average (392,300 vs 361,600 INR a year).

  • Do treasury operations officers in India get bonuses?

    About 57% of treasury operations officers in India reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do treasury operations officers earn more in the public or private sector in India?

    In India, the public sector pays a treasury operations officer about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do treasury operations officers in India get a pay raise?

    A treasury operations officer in India sees a raise of around 13% every 15 months, equivalent to roughly 10% a year.