Fraud Investigator Average Salary in India 2024
How much money does a person working as Fraud Investigator make in India?
LOW
15,500
INR AVERAGE
31,700
INR HIGH
49,400
INR
A person working as Fraud Investigator in India typically earns around 31,700 INR. Salaries range from 15,500 INR (lowest) to 49,400 INR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Fraud Investigator salaries in India vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Fraud Investigator Pay Scale and Salaries in India
Salary Structure and Pay Scale Comparison
29,400 INR or more
25,900 to 29,400 INR
18,400 INR or less
18,400 to 25,900 INR
 15,500 INR |
29,500 INR |
49,400 INR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Fraud Investigator in India range from 15,500 INR (starting salary) to 49,400 INR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 29,500 INR, half of the professionals who work as Fraud Investigator in India earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Fraud Investigator in India earn less than 24,200 INR, while 75% earn more. Similarly, the chart shows that 75% earn less than 33,800 INR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Fraud Investigator in India compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 18,400 INR to 25,900 INR. About 20% of salaries are below the 18,400 INR mark, while 10% fall within the range of 25,900 INR to 29,400 INR. Only 5% of individuals have salaries exceeding 29,400 INR.
Salary Comparison by Years of Experience / Fraud Investigator / India
How do experience and age affect pay?
| 0 - 2 Years | 18,400 INR | |
| 2 - 5 Years | +29% | 23,600 INR |
| 5 - 10 Years | +38% | 32,600 INR |
| 10 - 15 Years | +24% | 40,400 INR |
| 15 - 20 Years | +7% | 43,300 INR |
| 20+ Years | +7% | 46,200 INR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Fraud Investigator and this is what we found.
Employees with less than two years of experience earn approximately 18,400 INR.
While someone with an experience level between two and five years is expected to earn 23,600 INR, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 32,600 INR, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 40,400 INR, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 43,300 INR, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 46,200 INR, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Fraud Investigator / India
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Fraud Investigator.
| Bachelor's Degree | 23,000 INR | |
| Master's Degree | +60% | 36,900 INR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Fraud Investigator in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 23,000 INR.
Level 2: Master's Degree
At this level, the average salary becomes 36,900 INR, 60% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in India costs anywhere from 160,000 INR to 481,000 INR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Fraud Investigator / India
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Fraud Investigator in India, the average difference between the salary of male and female employees is 12%.
| Male | 33,100 INR | |
| Female | -11% | 29,500 INR |
Salary Comparison By Gender in India for all Careers
Average Annual Salary Increment Percentage / Fraud Investigator / India
How much are annual salary increments in India for individuals working as Fraud Investigator? How often do employees get salary raises?
Individuals working as Fraud Investigator in India are likely to observe a salary increase of approximately 12% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
India / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Fraud Investigator / India
How much and how often are bonuses being awarded?
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44% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 56% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 56% | |
| No Bonus | 44% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Fraud Investigator / India
180 INR per hourThe average hourly wage (pay per hour) for individuals working as Fraud Investigator in India is 180 INR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Fraud Investigator in India is 90 INR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Science and Technical Services |  -100% | |
| 3D Lab Technologist | 30,100 INR | -5% |
| 3D Printing Specialist | 28,500 INR | -10% |
| Algorithm Developer | 40,400 INR |  +28% |
| Analytical Chemist | 58,400 INR | +84% |
| Anthropologist | 44,200 INR | +40% |
| Archeologist | 39,000 INR | +23% |
| Assistant Breeder | 20,200 INR | -36% |
| Astronomer | 70,500 INR | +120% |
| Atmospheric and Space Scientist | 58,000 INR | +83% |
| Behavior Analyst | 39,200 INR | +24% |
| Behavior Intervention Specialist | 43,200 INR | +36% |
| Behavior Specialist | 40,100 INR | +27% |
| Biochemist | 65,300 INR | +110% |
| Biofuels Processing Technician | 26,100 INR | -18% |
| Biofuels Production Manager | 46,300 INR | +46% |
| Biologist | 66,500 INR | +110% |
| Biomedical Laboratory Officer | 26,100 INR | -18% |
| Biomedical Scientist | 68,200 INR | +120% |
| Biophysicist | 66,300 INR | +110% |
| Chemical Engineer | 31,300 INR | -1% |
| Chemical Technologist | 29,700 INR | -6% |
| Chemist | 62,500 INR | +97% |
| Chief Robotics Integration Officer | 47,500 INR | +50% |
| Chief Technologist | 57,000 INR | +80% |
| Climate Change Analyst | 42,800 INR | +35% |
| Clinical Laboratory Scientist | 67,500 INR | +110% |
| Computer Scientist | 50,800 INR | +60% |
| Conservation Scientist | 54,200 INR | +71% |
| Data Science Specialist | 41,100 INR | +30% |
| Data Scientist | 50,800 INR | +60% |
| DNA Analyst | 66,500 INR | +110% |
| Ecologist | 49,900 INR | +58% |
| Economic Development Specialist | 50,400 INR | +59% |
| Flavourist | 21,900 INR | -31% |
| Food Scientist | 42,800 INR | +35% |
| Forensic Scientist | 53,700 INR | +70% |
| Formulation Technologist | 25,700 INR | -19% |
| Fraud Investigator | 31,700 INR | +0% |
| Genomics Scientist | 66,500 INR | +110% |
| Geographer | 35,600 INR | +12% |
| Geographic Information Systems Technician | 22,800 INR | -28% |
| Geological Data Technician | 22,600 INR | -29% |
| Geological Technician | 27,700 INR | -13% |
| Geologist | 55,100 INR | +74% |
| Geomatics Scientist | 53,400 INR | +69% |
| Geophysical Data Technician | 21,400 INR | -32% |
| Geospatial Information Scientist and Technologist | 49,600 INR | +57% |
| Global Technical Lead | 68,900 INR | +120% |
| Hydrologist | 43,700 INR | +38% |
| Industrial Ecologist | 45,800 INR | +45% |
| Intelligence Analyst | 39,400 INR | +24% |
| Internet of Things (IoT) Architect | 34,200 INR | +8% |
| Internet of Things (IoT) Compliance Analyst | 35,600 INR | +12% |
| Internet of Things (IoT) Consultant | 38,000 INR | +20% |
| Internet of Things (IoT) Engineer | 31,800 INR | +0% |
| Internet of Things (IoT) Integration Specialist | 34,200 INR | +8% |
| Internet of Things (IoT) Logistics Analyst | 27,600 INR | -13% |
| Internet of Things (IoT) Security Analyst | 28,500 INR | -10% |
| Internet of Things (IoT) Specialist | 32,300 INR | +2% |
| Internet of Things (IoT) Technician | 24,700 INR | -22% |
| Knowledge Management Specialist | 32,900 INR | +4% |
| Lab Analyst | 29,300 INR | -7% |
| Lab Manager | 46,300 INR | +46% |
| Lab Technician | 20,000 INR | -37% |
| Laboratory Manager | 46,300 INR | +46% |
| Laboratory Researcher | 30,900 INR | -2% |
| Laboratory Technician | 20,000 INR | -37% |
| Life Sciences Analyst | 44,700 INR | +41% |
| Life Scientist | 51,800 INR | +64% |
| Marine Architect | 41,300 INR | +30% |
| Marine Biologist | 47,500 INR | +50% |
| Marine Superintendent | 27,700 INR | -13% |
| Materials Analyst | 28,500 INR | -10% |
| Materials Scientist | 49,400 INR | +56% |
| Mathematician | 52,300 INR | +65% |
| Medical Scientist | 69,400 INR | +120% |
| Metallurgist | 47,500 INR | +50% |
| Meteorologist | 47,500 INR | +50% |
| Microbiologist | 69,800 INR | +120% |
| Natural Language Processing Researcher | 41,800 INR | +32% |
| Natural Resource Specialist | 38,000 INR | +20% |
| Natural Resources Analyst | 41,100 INR | +30% |
| Natural Sciences Manager | 63,700 INR | +100% |
| Neurotechnology Specialist | 59,400 INR | +88% |
| Nuclear Engineer | 71,300 INR | +130% |
| Physical Scientist | 53,700 INR | +70% |
| Physicist | 65,300 INR | +110% |
| Political Scientist | 51,300 INR | +62% |
| Polygraph Examiner | 18,100 INR | -43% |
| Polysomnographic Technologist | 30,900 INR | -2% |
| Product Development Scientist | 54,200 INR | +71% |
| Quantitative Research Analyst | 44,900 INR | +42% |
| Quantitative Researcher | 44,900 INR | +42% |
| Quantum Algorithm Developer | 38,500 INR | +22% |
| Quantum Computing Engineer | 34,700 INR | +10% |
| Quantum Computing Ethics Officer | 32,800 INR | +4% |
| Quantum Computing Specialist | 37,500 INR | +18% |
| Radiation Protection Specialist | 36,300 INR | +15% |
| Refrigeration Technician | 15,400 INR | -51% |
| Research Scientist | 47,500 INR | +50% |
| Risk Safety Engineer | 29,700 INR | -6% |
| Robotics Architect | 39,400 INR | +24% |
| Scientific Photographer | 29,300 INR | -7% |
| Scientific Programmer | 41,600 INR | +31% |
| Scientist | 47,500 INR | +50% |
| Service Engineer | 29,700 INR | -6% |
| Service Technician | 20,000 INR | -37% |
| Social Science Research Assistant | 27,700 INR | -13% |
| Social Scientist | 51,300 INR | +62% |
| Sociologist | 49,400 INR | +56% |
| Soil Scientist | 41,600 INR | +31% |
| Statistical Analyst | 29,300 INR | -7% |
| Statistical Assistant | 21,400 INR | -32% |
| Statistician | 46,100 INR | +46% |
| Survey Analyst | 28,500 INR | -10% |
| Survey Researcher | 26,500 INR | -16% |
| Surveying and Mapping Technician | 18,100 INR | -43% |
| Team Leader | 41,300 INR | +30% |
| Technical Manager | 46,100 INR | +46% |
| Technical Officer | 20,400 INR | -36% |
| Technical Service Director | 60,800 INR | +92% |
| Technical Services Regulatory Affairs Specialist | 29,700 INR | -6% |
| Technical Services Research and Development Manager | 70,100 INR | +120% |
| Technical Services Research Associate | 32,900 INR | +4% |
| Technical Services Research Coordinator | 34,000 INR | +7% |
| Technician | 19,000 INR | -40% |
| Water Ecologist | 56,500 INR | +78% |
| Wearable Technology Developer | 33,300 INR | +5% |
| Wearables Specialist | 28,500 INR | -10% |
| Wildlife Biologist | 46,600 INR | +47% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in India is 5% on average across all career fields.
| Private Sector | 31,100 INR | |
| Public Sector | +5% | 32,800 INR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Fraud Investigator in India?
A good and competitive compensation would range anywhere between 29,500 INR and 33,800 INR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Fraud Investigator in India ranges from 15,500 INR to 24,200 INR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
