Coverfox Investment Advisor Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹3 Lakhs - ₹3.7 Lakhs

Salary of majority employees

57% less than the average Investment Advisor Salary in Insurance Companies for 0 - 3 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Coverfox for Investment Advisor

Company name	Avg Annual Salary	Open Jobs
PolicyBazaar Investment Advisor Salary 0 - 5 years exp. (31 salaries)	₹2.4 L/yr - ₹4.8 L/yr 13% more
Motilal Oswal Financial Services Investment Advisor Salary 0 - 5 years exp. (39 salaries)	₹1.6 L/yr - ₹8 L/yr 23% more
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Edelweiss Investment Advisor Salary 0 - 5 years exp. (37 salaries)	₹3 L/yr - ₹5 L/yr 31% more
ICICI Bank Investment Advisor Salary 5 - 19 years exp. (33 salaries)	₹10 L/yr - ₹32.5 L/yr 521% more
Sharekhan Investment Advisor Salary 3 - 12 years exp. (28 salaries)	₹3.2 L/yr - ₹11.6 L/yr 132% more

Investment Advisor salary at Coverfox ranges between ₹3 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Coverfox.

Experience wise Coverfox Investment Advisor salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
1 year (3 salaries)	₹3 L/yr - ₹5.7 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr

Similar Designation salaries in Coverfox

Financial Advisor Salary

(5 salaries)

₹3 L/yr - ₹3.5 L/yr

Sales Manager Salary

(7 salaries)

₹3.3 L/yr - ₹6 L/yr

Sales Executive Salary

(18 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Team Lead Salary

(23 salaries)

₹3.2 L/yr - ₹5.6 L/yr

Senior Analyst Salary

(4 salaries)

₹6 L/yr - ₹7 L/yr

Deputy Manager Salary

(5 salaries)

₹8 L/yr - ₹8.9 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹8 L/yr

Relationship Manager Salary

(9 salaries)

₹3.4 L/yr - ₹4.65 L/yr

Salary related reviews for Coverfox

5.0

Rated by 1 employees for salary & benefits

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

2.0

• posted on 07 Mar 2024

3.0

for Salary and Benefits

Likes

For tech people, all guys leaves around 8 PM daily, for other they leave at 6PM. There are only 120 employees in this company

Company culture - Good

+1 more

Dislikes

JOB SECURITY- This company running on Losses, dependent on Investors to pay salary, 2 Months salary was not paid to all companies on Jan 2023 and Feb 2023, which still remains uppaid to this date. Forget appraisels, Appraisels are suppose to happen on april, but they conduct it on november, and that too dosnt give any hike..and they say that company is having lack of funds hence cannot give appraisals, If you are planning to join this company, negotiate to remove your variable amount and add it to your fixed, because dont expect to get variable component in this company.

Skill development - Bad

+3 more

HR MIS Executive in Chandivali

Data Science & Analytics Department

5.0

• posted on 02 Oct 2020

4.0

for Salary and Benefits

Likes

... leave coverfox supported me and helped to save my job and me time to stay safe. Company policy are Excellent they given good salary hike as usual every year coverfox team mates are very supportive and helpful.

Salary - Good

+6 more

Dislikes

Never given chance to grap.better opportunity to change my carrier.carrier growth is not high.

Team Lead Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 16 Jul 2024

5.0

for Salary and Benefits

Likes

1) All the staffing are very cooperative 2) I made more friends 3) Learning has no barrier - Go and get done by your own leadership, is the culture which is very liked 4) Work life balance is great which is best in the industry

Salary - Excellent

+6 more

Dislikes

Travel to the office is in this location is not really great from my home. Auto-Mumbai Local-Metro-Auto and vise-versa for home.

Senior SEO Executive in Mumbai

Full Time

Marketing & Communication Department

5.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

Coverfox Insurance Broking Pvt. Ltd. has received positive reviews from both customers and employees. Customers appreciate the case of comparing and buying insurance policies online, with an average rating of 4 out of 5 based on 64 reviews. The company is also recognized for its diverse and inclusive environment and strong senior management.

Salary - Excellent

+6 more

Chief Staff in Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Jul 2024

5.0

for Salary and Benefits

Likes

That the scope of growth, exposure, learning & culture is great. They treat everyone with a lot of respect. I get a lot of freedom to work the way I want to.

Salary - Excellent

+6 more

Dislikes

Sometimes the variety of work might be too much

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Coverfox Investment Advisor Salary FAQs

What is the salary of Investment Advisor at Coverfox?

Investment Advisor salary at Coverfox in India ranges between ₹3.0 Lakhs to ₹3.7 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 57% less than the average Investment Advisor Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Coverfox India.

How does the salary of a Investment Advisor at Coverfox India compare with the average salary range for this job?

The average salary of a Investment Advisor at Coverfox is 57% less than the average salary of a Investment Advisor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Coverfox to a Investment Advisor in India?

ICICI Bank Investment Advisor Salary - ₹10.0 Lakhs to ₹32.5 Lakhs per year
Sharekhan Investment Advisor Salary - ₹3.2 Lakhs to ₹11.6 Lakhs per year
Edelweiss Investment Advisor Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Motilal Oswal Financial Services Investment Advisor Salary - ₹1.6 Lakhs to ₹8.0 Lakhs per year
PolicyBazaar Investment Advisor Salary - ₹2.4 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Investment Advisor at Coverfox in India?

The estimated take-home salary of a Investment Advisor at Coverfox ranges between ₹22,826 per month to ₹24,297 per month in India. The take-home salary calculation is based on the average Coverfox Investment Advisor salary in India which ranges between ₹3.0 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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Coverfox Investment Advisor Salaries

Coverfox Investment Advisor salary in India ranges between ₹3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Coverfox latest salaries received from various employees of Coverfox.

Coverfox Investment Advisor salaries in India

Companies similar to Coverfox for Investment Advisor

Latest annual salaries shared by Coverfox Investment Advisor

Experience wise Coverfox Investment Advisor salaries

Similar Designation salaries in Coverfox

Salary related reviews for Coverfox

Senior Manager in Mumbai

HR MIS Executive in Chandivali

Team Lead Operations in Mumbai

Senior SEO Executive in Mumbai

Chief Staff in Mumbai

Coverfox Investment Advisor Salary FAQs

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