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Sub Broker

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Sub Broker Salary in Mumbai (Updated 2025)

based on 39 latest salaries • updated: 11 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹1.5 Lakh - ₹10 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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Sub Broker Salary in Mumbai ranges between ₹1.5 Lakh to ₹10 Lakhs for 1 year of experience to 14 years of experience. Salary estimates are based on 39 latest salaries received from Sub Broker.

Sub Broker salaries by

Years of experience Avg. annual salary
1 year
(7 salaries)
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₹1.2 L/yr - ₹6 L/yr

2 years
(2 salaries)
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₹1.5 L/yr - ₹51 L/yr

3 years
(5 salaries)
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₹3 L/yr - ₹5 L/yr

4 years
(3 salaries)
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₹3.6 L/yr - ₹6 L/yr

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

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Stock Broker Salary
0 - 10 years exp.
(35 salaries)
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₹0.4 L/yr - ₹6 L/yr

Stock Trader Salary
1 - 7 years exp.
(38 salaries)
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₹0.6 L/yr - ₹6 L/yr

Trader Salary
0 - 12 years exp.
(124 salaries)
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₹1.8 L/yr - ₹25 L/yr

Manager Salary
4 - 16 years exp.
(49k salaries)
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₹5 L/yr - ₹29.5 L/yr

Dealer Salary
1 - 12 years exp.
(235 salaries)
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₹1.2 L/yr - ₹13.5 L/yr

View more similar designations

Sub Broker Salary In Other Locations

Locations Avg. annual salary
New Delhi
Sub Broker
1 - 11 years exp.
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₹1.5 L/yr - ₹10 L/yr

Pune
Sub Broker
2 - 10 years exp.
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₹2.1 L/yr - ₹7 L/yr

Indore
Sub Broker
2 - 7 years exp.
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₹2.5 L/yr - ₹5.4 L/yr

Kolkata
Sub Broker
1 - 9 years exp.
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₹1.3 L/yr - ₹7 L/yr

Bangalore / Bengaluru
Sub Broker
2 - 13 years exp.
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₹2.4 L/yr - ₹15 L/yr

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Sub Broker Salary By Industries

Industries Avg. annual salary

Financial Services

Sub Broker
1 - 14 years exp.
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₹1.2 L/yr - ₹10 L/yr

FinTech

Sub Broker
2 - 14 years exp.
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₹1.9 L/yr - ₹7 L/yr

Investment Banking / Venture Capital / Private Equity

Sub Broker
4 - 14 years exp.
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₹3 L/yr - ₹6 L/yr

Internet

Sub Broker
1 - 12 years exp.
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₹2.5 L/yr - ₹6 L/yr

Banking / Insurance / Accounting

Sub Broker
1 - 14 years exp.
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₹1 L/yr - ₹35.5 L/yr

View More

Frequently Asked Questions (FAQS) about Sub Broker Salaries

What is the salary of a Sub Broker in India?
The salary of a Sub Broker in India varies based on experience, location, company & Industry. On average, Sub Broker salaries ranges from ₹1.5 Lakhs to ₹10.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹1.5 Lakhs to ₹10.0 Lakhs per year, with the highest salary reaching ₹1.5 Lakhs to ₹4.8 Lakhs per year. Salary estimates are based on 39 salaries received from various Sub Brokers across industries.
What are the top paying cities for Sub Broker in India?
The annual salary for Sub Broker in India varies by location. Top paying cities for Sub Broker are
Sub Broker Salary in Lucknow ₹0.2 Lakhs to ₹5.0 Lakhs per year
Sub Broker Salary in New Delhi ₹1.5 Lakhs to ₹10.0 Lakhs per year
Sub Broker Salary in Bangalore / Bengaluru ₹2.4 Lakhs to ₹15.0 Lakhs per year
Sub Broker Salary in Pune ₹2.1 Lakhs to ₹7.0 Lakhs per year
Sub Broker Salary in Jaipur ₹1.2 Lakhs to ₹6.0 Lakhs per year
Salary expectations for Sub Broker may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Sub Broker in India?
Top 5 paying Industries for Sub Broker in India are:
Sub Broker Salary in Banking ₹4.4 Lakhs to ₹12.7 Lakhs per year
Sub Broker Salary in Financial Services ₹1.2 Lakhs to ₹10.0 Lakhs per year
Sub Broker Salary in Internet ₹2.5 Lakhs to ₹6.0 Lakhs per year
Sub Broker Salary in Insurance ₹0.6 Lakhs to ₹6.0 Lakhs per year
Sub Broker Salary in FinTech ₹1.9 Lakhs to ₹7.0 Lakhs per year
How does experience affect salaries of a Sub Broker in India?
Experience significantly impacts a Sub Broker salary in India. Salaries increase with experience, as Sub Broker take on more complex tasks, responsibilities, and leadership roles. Sub Broker salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹1.2 Lakhs to ₹6.0 Lakhs per year
2 years ₹1.5 Lakhs to ₹51.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹5.0 Lakhs per year
4 years ₹3.6 Lakhs to ₹6.0 Lakhs per year
and so on.

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