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Stock Broker

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Stock Broker Salary in Mumbai

based on 35 latest salaries • updated: 3 May 2024
Select an experience to get the exact salary

Annual salary range

₹0.4 Lakh - ₹6 Lakhs

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Stock Broker Salary in Mumbai ranges between ₹0.4 Lakh to ₹6 Lakhs for less than 1 year of experience to 10 years of experience. Salary estimates are based on 35 latest salaries received from Stock... Read More

Stock Broker salaries by

Years of experience Avg. annual salary
Fresher
(5 salaries)
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₹1.4 L/yr - ₹2 L/yr

1 year
(10 salaries)
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₹0.1 L/yr - ₹5 L/yr

2 years
(9 salaries)
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₹0.4 L/yr - ₹6 L/yr

3 years
(2 salaries)
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₹3.3 L/yr - ₹8 L/yr

4 years
(6 salaries)
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₹1.4 L/yr - ₹3.8 L/yr

View all salaries by experience

Stock Broker Jobs in Mumbai

Stock Broker

· 9-15 years

Anand Rathi Shares Stock Brokers Ltd.

·
3.7

View all Stock Broker jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Sales Manager Salary
2 - 15 years exp.
(13.1k salaries)
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₹2.8 L/yr - ₹18 L/yr

Associate Salary
0 - 8 years exp.
(23.1k salaries)
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₹2 L/yr - ₹22 L/yr

Senior Manager Salary
6 - 20 years exp.
(30.1k salaries)
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₹8 L/yr - ₹36 L/yr

Manager Salary
4 - 16 years exp.
(48.8k salaries)
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₹5 L/yr - ₹29.3 L/yr

Branch Manager Salary
4 - 17 years exp.
(2.6k salaries)
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₹3.1 L/yr - ₹22.5 L/yr

View more similar designations

Top skills for Stock Broker

1 Stock Broker jobs demanding these skills arrow-logo

Stock Broker Salary In Other Locations

Locations Avg. annual salary
New Delhi
Stock Broker
0 - 11 years exp.
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₹0.2 L/yr - ₹4.7 L/yr

Indore
Stock Broker
0 - 7 years exp.
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₹1.2 L/yr - ₹4.8 L/yr

Pune
Stock Broker
0 - 9 years exp.
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₹1 L/yr - ₹6 L/yr

Bangalore / Bengaluru
Stock Broker
1 - 8 years exp.
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₹0.4 L/yr - ₹4.5 L/yr

Ahmedabad
Stock Broker
0 - 10 years exp.
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₹1.4 L/yr - ₹10 L/yr

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Stock Broker Salary By Industries

Industries Avg. annual salary

Financial Services

Stock Broker
0 - 11 years exp.
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₹1 L/yr - ₹6.5 L/yr

FinTech

Stock Broker
0 - 6 years exp.
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₹1 L/yr - ₹5 L/yr

Internet

Stock Broker
0 - 7 years exp.
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₹1.2 L/yr - ₹8 L/yr

Investment Banking / Venture Capital / Private Equity

Stock Broker
0 - 10 years exp.
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₹2 L/yr - ₹5 L/yr

NBFC

Stock Broker
0 - 10 years exp.
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₹2 L/yr - ₹6 L/yr

View More

Frequently Asked Questions (FAQS) about Stock Broker Salaries

What is the salary of a Stock Broker in India?
The salary of a Stock Broker in India varies based on experience, location, company & Industry. On average, Stock Broker salaries ranges from ₹0.4 Lakh to ₹6.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹0.4 Lakh to ₹6.0 Lakhs per year, with the highest salary reaching ₹1.5 Lakh to ₹5.2 Lakhs per year. Salary estimates are based on 35 salaries received from various Stock Brokers across industries.
What are the top paying cities for Stock Broker in India?
The annual salary for Stock Broker in India varies by location. Top paying cities for Stock Broker are
Stock Broker Salary in New Delhi ₹0.2 Lakhs to ₹4.7 Lakhs per year
Stock Broker Salary in Indore ₹1.2 Lakhs to ₹4.8 Lakhs per year
Stock Broker Salary in Pune ₹1.0 Lakhs to ₹6.0 Lakhs per year
Stock Broker Salary in Bangalore / Bengaluru ₹0.4 Lakhs to ₹4.5 Lakhs per year
Stock Broker Salary in Ahmedabad ₹1.4 Lakhs to ₹10.0 Lakhs per year
Salary expectations for Stock Broker may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Stock Broker in India?
Top 5 paying Industries for Stock Broker in India are:
Stock Broker Salary in Financial Services ₹1.0 Lakhs to ₹6.5 Lakhs per year
Stock Broker Salary in FinTech ₹1.0 Lakhs to ₹5.0 Lakhs per year
Stock Broker Salary in Internet ₹1.2 Lakhs to ₹8.0 Lakhs per year
Stock Broker Salary in Investment Banking / Venture Capital / Private Equity ₹2.0 Lakhs to ₹5.0 Lakhs per year
Stock Broker Salary in NBFC ₹2.0 Lakhs to ₹6.0 Lakhs per year
What are the fresher salaries as Stock Broker?
Fresher salaries for Stock Broker in India typically range from ₹1.4 Lakhs to ₹2 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Stock Broker in India?
Experience significantly impacts a Stock Broker salary in India. Salaries increase with experience, as Stock Broker take on more complex tasks, responsibilities, and leadership roles. Stock Broker salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹1.4 Lakhs to ₹2.0 Lakhs per year
1 year ₹0.1 Lakhs to ₹5.0 Lakhs per year
2 years ₹0.4 Lakhs to ₹6.0 Lakhs per year
3 years ₹3.3 Lakhs to ₹8.0 Lakhs per year
and so on.

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