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Broker Salary in Mumbai

based on 24 latest salaries • updated: 22 Nov 2024
Select an experience to get the exact salary

Annual salary range

₹1.1 Lakh - ₹8 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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Experience wise Broker salaries

Years of experience Avg. Annual Salary
Fresher
(3 salaries)
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₹1.1 L/yr - ₹2.3 L/yr

1 year
(7 salaries)
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₹1.7 L/yr - ₹5.1 L/yr

2 years
(6 salaries)
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₹1 L/yr - ₹8 L/yr

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

4 years
(2 salaries)
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₹1.2 L/yr - ₹3.1 L/yr

View all salaries by experience
Broker Salary in Mumbai ranges between ₹1.1 Lakh to ₹8 Lakhs for less than 1 year of experience to 12 years of experience . Salary estimates are based on 24 latest salaries received from Broker.
See latest salaries

Broker salaries in different departments

Department Avg Annual Salary
Sales & Business Development
Broker Salary
2 - 12 years exp. (4 salaries)
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₹1.2 L/yr - ₹3.5 L/yr

Finance & Accounting
Broker Salary
0 - 4 years exp. (3 salaries)
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₹1.7 L/yr - ₹3.1 L/yr

Latest annual salaries shared by Brokers

5d ago

Freelancer.com

Broker

6 years exp.

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2w ago

Nightfall AI

Broker

3 years exp.

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4w ago

SMC Global Securities

Broker

1 year exp.

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1mo ago

S S Diamonds

Broker

1 year exp.

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1mo ago

Utkarsh Small Finance Bank

Broker

3 years exp.

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1mo ago

Swagath Residency

Broker

6 years exp.

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2mo ago

Freelancer.com

Broker

2 years exp.

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2mo ago

Demat Av

Broker

5 years exp.

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2mo ago

RealEstateIndia.com

Broker

1 year exp.

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3mo ago

Sharekhan

Broker

8 years exp.

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View all latest salaries

Broker Jobs in Mumbai

Broker

· 7-12 years

2coms

·
3.8

Bangalore / Bengaluru

Broker

· 1-4 years

NoBroker

·
3.1

Broker

· 5-10 years

Sn Capital Management

·
4.2

Noida

View all Broker jobs

Similar Designation Salaries for Broker

Designations Avg Annual Salary
Manager Salary
4 - 16 years exp.
(48.6k salaries)
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₹5 L/yr - ₹29 L/yr

Team Lead Salary
2 - 12 years exp.
(21.2k salaries)
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₹2.4 L/yr - ₹18 L/yr

Executive Salary
1 - 9 years exp.
(15.4k salaries)
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₹1.8 L/yr - ₹9 L/yr

Area Manager Salary
4 - 16 years exp.
(1.8k salaries)
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₹3.6 L/yr - ₹20.5 L/yr

Branch Manager Salary
4 - 17 years exp.
(2.7k salaries)
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₹3 L/yr - ₹22 L/yr

View more similar designations

Broker Salary In Other Locations

Locations Avg Annual Salary
Ahmedabad
Broker
1 - 4 years exp.
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₹1.2 L/yr - ₹3 L/yr

Indore
Broker
1 - 11 years exp.
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₹1.8 L/yr - ₹5 L/yr

Pune
Broker
1 - 18 years exp.
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₹0.2 L/yr - ₹15.4 L/yr

New Delhi
Broker
0 - 12 years exp.
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₹1.1 L/yr - ₹6 L/yr

Noida
Broker
1 - 11 years exp.
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₹2 L/yr - ₹10.5 L/yr

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Broker Salary By Industries

Industries Avg Annual Salary
Financial Services
Broker
0 - 12 years exp.
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₹1.1 L/yr - ₹6 L/yr

Internet
Broker
1 - 12 years exp.
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₹2 L/yr - ₹10 L/yr

Insurance
Broker
0 - 10 years exp.
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₹1.1 L/yr - ₹6 L/yr

Real Estate
Broker
1 - 10 years exp.
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₹0.9 L/yr - ₹2.6 L/yr

Banking / Insurance / Accounting
Broker
1 - 8 years exp.
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₹1.7 L/yr - ₹25 L/yr

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Frequently Asked Questions about Broker Salaries

What is the salary of a Broker in India?
Salary for a Broker in India ranges between ₹1.1 Lakhs to ₹8.0 Lakhs per year. Salary estimates are based on 24 latest salaries received from various Brokers across industries.
What is the starting salary for a Broker in India?
Average starting Salary for Broker in India is around ₹1.1 Lakhs per year (₹9.2k per month). No prior experience is required to be a Broker.
What are the top paying industries for Broker in India?
What are the top paying cities for Broker in India?
  • Noida - ₹0.2 Lakhs to 18.0 Lakhs per year
  • Mumbai - ₹1.0 Lakhs to 30.0 Lakhs per year
  • Pune - ₹0.1 Lakhs to 15.4 Lakhs per year
  • Ahmedabad - ₹0.2 Lakhs to 15.0 Lakhs per year
  • Indore - ₹1.8 Lakhs to 5.0 Lakhs per year
What are the popular/top skills required to become a Broker?
These are the top skills of a Broker based on 5 jobs posted by employers.
  • SQL
  • Customer Service
  • Communication Skills
  • Recruitment
  • Excel

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