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Accounts Payable Specialist salary in India

Average Yearly Salary of Accounts Payable Specialist in India is approximately 1,571,335 INR (17,464 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Accounts Payable Specialist do?

occupation personasAn accounts payable specialist is responsible for managing and processing the company's financial obligations to vendors and suppliers. They ensure that invoices are accurate, approved, and paid on time, while also maintaining strong relationships with external parties. The specialist verifies and reconciles vendor statements, resolves any discrepancies or issues, and prepares reports for management. They also assist in month-end and year-end closing processes, ensuring all transactions are properly recorded and accounted for. Attention to detail, strong organizational skills, and proficiency in accounting software are crucial for success in this role.

Skills: accounts payable, financial management, invoice processing, vendor relations, reconciliation, financial reporting
Job industry: Accounting


How much does Accounts Payable Specialist make?

Salary details
How much does Accounts Payable Specialist make?
Estimated Yearly Salary: 1,571,335 INR
Estimated Monthly Salary: 130,945 INR
Estimated Weekly Salary: 30,218 INR per week
Estimated Hourly Salary: 755 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,514,880 INR
Estimated Monthly Salary: 126,240 INR
Estimated Weekly Salary: 29,132 INR per week
Estimated Hourly Salary: 728 INR per hour
Last revision of data: 2024-01-09



Accounts Payable Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,464 USD
Estimated Monthly Salary: 1,455 USD
Estimated Weekly Salary: 336 USD per week
Estimated Hourly Salary: 8 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.

Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Accounts Payable Specialist job salary compared to average salary in India.
Comparison shows that a person working as Accounts Payable Specialist in India earns on average:
0.85 times the average salary (or 85% of average salary).

Is Accounts Payable Specialist a well paid job?

Yes, our data show that Accounts Payable Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Accounts Payable Specialist?

High salary for Accounts Payable Specialist would be somewhere between 1,728,469 INR and 2,278,436 INR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Accounts Payable Specialist in India?

Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 1,571,335 INR
Estimated Monthly Salary: 130,945 INR
Estimated Weekly Salary: 30,218 INR per week
Estimated Hourly Salary: 755 INR per hour
By working as Accounts Payable Specialist a person can save up to 560 USD per month or 6,722 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in India, see costs of living in India.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Accounts Payable Specialist

Pakistan is 1,234 USDdown arrow 93%
Details on Accounts Payable Specialist salary in Pakistan
China is 9,996 USDdown arrow 43%
Details on Accounts Payable Specialist salary in China
Nepal is 5,697 USDdown arrow 67%
Details on Accounts Payable Specialist salary in Nepal
Bangladesh is 2,202 USDdown arrow 87%
Details on Accounts Payable Specialist salary in Bangladesh
Afghanistan is 4,679 USDdown arrow 73%
Details on Accounts Payable Specialist salary in Afghanistan
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in India

(21,041,458 INR per year, pre-tax.)
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)

Data as of 2025

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The salary data on this site is designed for reference purposes only. We provide salary insights derived from multiple sources, but do not guarantee absolute accuracy. Users should consistently cross-check salary details with other reliable sources before making financial choices. Variations in salary amounts may occur due to various factors, including company policies, market demand, and individual skills. We do not offer any warranty regarding the entirety of the provided salary data. Use of this website implies acknowledgment of these conditions.
The salary data on this site is intended for informational purposes only. We provide salary insights based on multiple datasets, but do not guarantee complete precision. Users should always verify salary details with other trusted sources before making financial choices. Variations in salary figures may occur due to various circumstances, including location, experience, and industry. We do not extend any warranty regarding the entirety of the provided salary information. Use of this website implies acknowledgment of these conditions.