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Sub Broker

Salaries
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Sub Broker Salary in Insurance in India

based on 251 latest salaries • updated: 7 Dec 2024

Select an experience to get the exact salary

Annual salary range

₹1.5 Lakh - ₹8.5 Lakhs

Very High Confidence

Experience wise Sub Broker salaries

Years of experience	Avg. Annual Salary
1 year (21 salaries)	₹1.8 L/yr - ₹6 L/yr
2 years (27 salaries)	₹1.5 L/yr - ₹6 L/yr
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3 years (33 salaries)	₹1.5 L/yr - ₹7 L/yr
4 years (28 salaries)	₹2.1 L/yr - ₹8.4 L/yr
5 years (36 salaries)	₹2 L/yr - ₹8 L/yr

View all salaries by experience

Sub Broker Salary in India ranges between ₹1.5 Lakh to ₹8.5 Lakhs for 1 year of experience to 14 years of experience . Salary estimates are based on 251 latest salaries received from Sub Broker.

Sub Broker salaries in different departments

Department	Avg Annual Salary
BFSI, Investments & Trading Sub Broker Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹0.5 L/yr - ₹2.9 L/yr
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Customer Success, Service & Operations Sub Broker Salary 8 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Popular Insurance Companies for Sub Broker in India

Company Name	Avg Annual Salary	Open Jobs
Religare Sub Broker Salary 4 - 12 yrs exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr
Reliance Nippon Life Insurance Sub Broker Salary 9 yrs exp. (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.7 L/yr
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Probus Insurance Broker Private limited Sub Broker Salary 1 yr exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation Salaries for Sub Broker

Designations	Avg Annual Salary
Stock Broker Salary 0 - 11 years exp. (337 salaries)	₹0.2 L/yr - ₹6 L/yr
Stock Trader Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.4 L/yr
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Trader Salary 1 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹10 L/yr
Advisor Salary 0 - 9 years exp. (617 salaries)	₹1 L/yr - ₹5 L/yr
Manager Salary 4 - 16 years exp. (14.2k salaries)	₹4.9 L/yr - ₹15.8 L/yr

View more similar designations

Sub Broker Salary By Locations

Locations	Avg Annual Salary
Mumbai Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
New Delhi Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
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Pune Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
Indore Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
Kolkata Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr

Sub Broker Salary In Other Industries

Industries	Avg Annual Salary
Financial Services Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
FinTech Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
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Investment Banking / Venture Capital / Private Equity Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
Internet Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr
Banking / Insurance / Accounting Sub Broker 1 - 14 years exp.	₹1.5 L/yr - ₹8.5 L/yr

Frequently Asked Questions about Sub Broker Salaries

What is the salary of a Sub Broker in India?

Salary for a Sub Broker in India ranges between ₹1.5 Lakhs to ₹8.5 Lakhs per year. Salary estimates are based on 251 latest salaries received from various Sub Brokers across industries.

What is the starting salary for a Sub Broker in India?

Average starting Salary for Sub Broker in India is around ₹1.5 Lakhs per year (₹12.5k per month). 1 year of minimum experience is required to be a Sub Broker.

What is the highest salary for a Sub Broker in India?

Highest salary that a Sub Broker can earn is ₹6.9 Lakhs per year (₹57.5k per month).

What are the top paying industries for Sub Broker in India?

Real Estate - ₹3.0 Lakhs to 15.0 Lakhs per year
Financial Services - ₹0.3 Lakhs to 51.0 Lakhs per year
Investment Banking / Venture Capital / Private Equity - ₹2.0 Lakhs to 10.0 Lakhs per year
FinTech - ₹1.3 Lakhs to 10.0 Lakhs per year
Internet - ₹2.0 Lakhs to 5.0 Lakhs per year

What are the top paying cities for Sub Broker in India?