Wondering what security guard services cost in Mumbai in 2026? See monthly price ranges, what drives the final quote, and how to compare agency quotes without hidden charges.
If you are planning to hire a security guard for your office, your society or your warehouse, the first question you are likely to ask will be about security guard services cost. In Mumbai there is no set rate; the amount you have to pay will vary according to the wage regulations, the type of guard you need, the shift pattern and the agency you choose. The guide below explains how security guard services cost is calculated in Mumbai in 2026 so that you can compare agency quotations and avoid unnecessary extra charges.
How Much Do Security Guard Services Cost in Mumbai?
S&IB Services states that the monthly security guard rates for a single general guard in Mumbai lie between ₹15,000 and ₹45,000. Armed guards start at approximately ₹30,000 per month and specialised services are more costly. The range is rather wide because it includes all the different types of services in this field; the final amount you pay will depend on your specific needs.
What Are the Different Elements That Make Up the Cost of Security Guard Services?
To sum things up, each security guard quote you receive will have three parts, as clearly explained in the Knighthood cost breakdown:
1. Basic Wages
The amount of the wage depends on where the guard is based; according to the wage schedule prepared by Knighthood, the monthly minimum wage for unskilled guards working in Maharashtra Zone I (Mumbai) is ₹13,921. Skilled, semi-skilled or armed guards will receive higher wages. All of the figures listed below are to be added to the wage.
2. Statutory Costs
The total statutory expenses of an agency which is properly compliant will always include the following: namely, the employer's contribution to the Provident Fund (12%), the ESIC (3.25%), the bonus (a minimum of 8.33% of the wages paid during the year), a provision for gratuity, and any professional tax that is applicable. Together, these add up to about one quarter to one third of the wage.
3. Security Agency Service Fee
The agency includes a service charge, which usually lies between 6% and 10% of the labour cost. A transparent security agency will give the charge separately in its quote.
A Simple Mumbai Estimate for 2026
Using the figures above, the security guard rates for an unarmed guard in Mumbai can be calculated. Starting with the Zone I wage of ₹13,921 and then adding 25 to 33 per cent to allow for statutory costs, the labour cost ranges from ₹17,400 to ₹18,500. After adding 6 to 10 per cent for the service charge, the total monthly cost for the guard for one shift is approximately ₹18,400 to ₹20,400.
Key Factors That Change Security Guard Services Cost
Beyond the basic wage, these factors change the price the most:
- Armed or unarmed guards: Guards who are armed require extra training, which is the reason why S&IB has provided an additional sum ranging from ₹5,000 to ₹10,000 per month for this service.
- Experience and training: A guard who is unskilled and has no such experience will be less expensive than one who is trained and professional, the professional guard possibly amounting to as much as ₹35,000 a month.
- Shift length and number of guards: A 12-hour shift instead of an 8-hour one can cost 40 to 50 per cent more, and 24-hour coverage can cost two to three times as much.
- Type of premises: Offices, shops and stores require a more thorough level of attention and more sophisticated security measures than residential areas and therefore have higher security guard charges.
- Contract length: If contracts last for 12 months or longer, agencies give a discount (as S&IB states, the discount amounts to around 15%).
- Additional services: Things like CCTV, alarms or equipment may increase your monthly guard charges.
- Event security: An event can be charged on a per-event basis rather than monthly; in Mumbai, Knighthood puts the price for this at about ₹20,000 to ₹40,000.
Indicative Security Guard Services Cost in Mumbai (2026)
The wages and the statutory requirements come from Knighthood while the market security guard rates are taken from S&IB Services. The figures are only approximate and the top row contains our own estimate.
Why the Cheapest Security Guard Quote Can Cost You More
A quote which is well below the indicative level might fail to include the statutory costs and could be a trap; it is possible for the statutory non-payment to be passed on to you as the principal company and result in a fine.
Run these four checks on any security guard quote before you sign:
- Confirm the licence. Ask for the agency's valid PSARA licence.
- Ask for an itemised quote. Wages, PF, ESIC, bonus and service charge should appear as separate lines.
- Check the wage. It should match the current Maharashtra notification, not an old one.
- Ask for proof of payment. A compliant agency can show its PF and ESIC returns.
Get a Clear Quote from Victor Squad
The first thing you should do is find out security guard pricing for your premises and then examine a properly itemised quote which has been prepared especially for your situation.
If you would like to find out more about Victor Squad, you can visit our About page and look at our security services, or contact us to get a quote for your premises.
Frequently Asked Questions
1.What is the lowest rate for security guard services in Mumbai?
The monthly cost of a compliant, unarmed guard who works one shift, when statutory costs and the agency fee are taken into account, ranges from ₹18,400 to ₹20,400.
2.Does the cost of guards working on a round-the-clock basis amount to a great deal?
The cost of hiring guards who are on duty every day throughout the 24 hours is generally two to three times higher than that of guards who work one shift each day since it requires more guards and shift rotation.
3.Isn't it cheaper to get a guard through an agency than to hire one directly?
When the service is hired directly the agency fee is avoided, but the employer then has to take on the responsibility of compliance. For organisations the benefit of using an agency is generally greater than the fee.
4.Is there a discount for long-term contracts?
Yes. Contracts of 12 months or longer can earn a discount, which S&IB puts at around 15%.
