Broker Associate

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Broker Associate Salary in India

based on 12 latest salaries • updated: 24 Oct 2024
Select an experience to get the exact salary

Annual salary range

₹0.4 Lakh - ₹10 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Broker Associate Salary in India ranges between ₹0.4 Lakh to ₹10 Lakhs for 1 year of experience to 15 years of experience. Salary estimates are based on 12 latest salaries received from Broker Associate.

Latest annual salaries shared by Broker Associates

3mo ago

Infinity Funding

Broker Associate

4 years exp.

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7mo ago

WNS

Broker Associate

4 years exp.

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9mo ago

Bank of Baroda

Broker Associate

1 year exp.

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1y ago

Fine Capital

Broker Associate

3 years exp.

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1y ago

LexaTrade

Broker Associate

1 year exp.

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1y ago

IIFL Finance

Broker Associate

6 years exp.

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1y ago

IIFL Finance

Broker Associate

8 years exp.

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1y ago

Karvy Stock Broking

Broker Associate

1 year exp.

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1y ago

IIFL Finance

Broker Associate

5 years exp.

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1y ago

WNS

Broker Associate

3 years exp.

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View all latest salaries

Broker Associate salaries by

Years of experience Avg. annual salary
1 year
(3 salaries)
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₹0.3 L/yr - ₹3 L/yr

3 years
(2 salaries)
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₹3.5 L/yr - ₹7.2 L/yr

4 years
(2 salaries)
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₹5 L/yr - ₹5.5 L/yr

5 years
(1 salaries)
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₹1.5 L/yr - ₹1.5 L/yr

6 years
(1 salaries)
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₹1.5 L/yr - ₹1.5 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Process Associate Salary
0 - 5 years exp.
(1L salaries)
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₹1.6 L/yr - ₹4.4 L/yr

Senior Associate Salary
2 - 10 years exp.
(2.4L salaries)
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₹2.3 L/yr - ₹23 L/yr

Associate Salary
0 - 8 years exp.
(2.3L salaries)
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₹1.9 L/yr - ₹16.6 L/yr

Senior Process Associate Salary
2 - 7 years exp.
(50.4k salaries)
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₹2.1 L/yr - ₹6 L/yr

Senior Analyst Salary
2 - 8 years exp.
(1.6L salaries)
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₹3 L/yr - ₹16 L/yr

View more similar designations

Broker Associate Salary By Industries

Industries Avg. annual salary

NBFC

Broker Associate
5 - 15 years exp.
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₹1.5 L/yr - ₹4.6 L/yr

Financial Services

Broker Associate
1 - 15 years exp.
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₹0.4 L/yr - ₹4 L/yr

BPO/KPO

Broker Associate
3 - 15 years exp.
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₹3 L/yr - ₹5.5 L/yr

FinTech

Broker Associate
5 - 8 years exp.
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₹1.5 L/yr - ₹4.6 L/yr

BPO

Broker Associate
3 - 4 years exp.
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₹3.2 L/yr - ₹6.3 L/yr

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Frequently Asked Questions (FAQS) about Broker Associate Salaries

What is the salary of a Broker Associate in India?
The salary of a Broker Associate in India varies based on experience, location, company & Industry. On average, Broker Associate salaries ranges from ₹0.4 Lakh to ₹10.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹0.4 Lakh to ₹10.0 Lakhs per year, with the highest salary reaching ₹ Lakh to ₹ Lakh per year. Salary estimates are based on 12 salaries received from various Broker Associates across industries.
What are the top paying cities for Broker Associate in India?
The annual salary for Broker Associate in India varies by location. Top paying cities for Broker Associate are
Broker Associate Salary in Mumbai ₹4.0 Lakhs to ₹5.0 Lakhs per year
Broker Associate Salary in Bardhaman ₹1.4 Lakhs to ₹1.7 Lakhs per year
Broker Associate Salary in New Delhi ₹6.5 Lakhs to ₹11.5 Lakhs per year
Broker Associate Salary in Pune ₹3.2 Lakhs to ₹6.3 Lakhs per year
Broker Associate Salary in Bilaspur ₹13.5 Lakhs to ₹17.3 Lakhs per year
Salary expectations for Broker Associate may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Broker Associate in India?
Top 5 paying Industries for Broker Associate in India are:
Broker Associate Salary in NBFC ₹1.5 Lakhs to ₹4.6 Lakhs per year
Broker Associate Salary in Financial Services ₹0.4 Lakhs to ₹4.0 Lakhs per year
Broker Associate Salary in BPO/KPO ₹3.0 Lakhs to ₹5.5 Lakhs per year
Broker Associate Salary in FinTech ₹1.5 Lakhs to ₹4.6 Lakhs per year
Broker Associate Salary in BPO ₹3.2 Lakhs to ₹6.3 Lakhs per year
How does experience affect salaries of a Broker Associate in India?
Experience significantly impacts a Broker Associate salary in India. Salaries increase with experience, as Broker Associate take on more complex tasks, responsibilities, and leadership roles. Broker Associate salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹0.3 Lakhs to ₹3.0 Lakhs per year
3 years ₹3.5 Lakhs to ₹7.2 Lakhs per year
4 years ₹5.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹1.5 Lakhs to ₹1.5 Lakhs per year
and so on.

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