Elara Capital Mumbai Research Associate Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹7.5 Lakhs - ₹16 Lakhs

Salary of majority employees

132% more than the average Research Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 5 Dec 2024

Companies similar to Elara Capital for Research Associate in Mumbai

Elara Capital Research Associate Salary

1 - 5 years exp. (4 salaries)

₹7.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Research Associate Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 37% less
Motilal Oswal Financial Services Research Associate Salary 2 - 5 years exp. (4 salaries)	₹10 L/yr - ₹13.5 L/yr 3% more
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IIFL Finance Research Associate Salary 1 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹30 L/yr At par
HDFC Securities Research Associate Salary 3 - 6 years exp. (6 salaries)	₹9 L/yr - ₹23 L/yr 27% more
ICICI Securities Research Associate Salary 3 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹17.3 L/yr 40% more
Axis Direct Research Associate Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 42% less
Link Group Research Associate Salary 0 - 2 years exp. (4 salaries)	₹3.4 L/yr - ₹8 L/yr 40% less

Research Associate salary at Elara Capital ranges between ₹7.5 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Research Associate salaries in Mumbai

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.7 L/yr
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹16 L/yr
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3 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.3 L/yr

Similar Designation salaries in Elara Capital

Analyst Salary

(6 salaries)

₹4.4 L/yr - ₹12 L/yr

Salary related reviews for Elara Capital

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Company culture - Good

+1 more

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Skill development - Poor

+1 more

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Job security - Excellent

+4 more

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Elara Capital Research Associate Salary FAQs

What is the salary of Research Associate at Elara Capital Mumbai?

Research Associate salary at Elara Capital in Mumbai ranges between ₹7.5 Lakhs to ₹16.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 132% more than the average Research Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Elara Capital Mumbai.

How does the salary of a Research Associate at Elara Capital Mumbai compare with the average salary range for this job?

The average salary of a Research Associate at Elara Capital is 132% more than the average salary of a Research Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Elara Capital to a Research Associate in Mumbai?

ICICI Securities Research Associate Salary - ₹14.5 Lakhs to ₹17.3 Lakhs per year
HDFC Securities Research Associate Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Motilal Oswal Financial Services Research Associate Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Research Associate in companies similar to Elara Capital in Mumbai?

IIFL Finance Research Associate Salary - ₹3.3 Lakhs to ₹30.0 Lakhs per year
Edelweiss Research Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
Link Group Research Associate Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Axis Direct Research Associate Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year

What is the estimated take home salary of a Research Associate at Elara Capital in Mumbai?

The estimated take-home salary of a Research Associate at Elara Capital ranges between ₹81,451 per month to ₹83,574 per month in Mumbai. The take-home salary calculation is based on the average Elara Capital Research Associate salary in India which ranges between ₹7.5 Lakhs to ₹16.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Research Associate at Elara Capital in Mumbai?

According to AmbitionBox, 50% of the Elara Capital Research Associates in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Elara Capital Research Associate Salaries in Mumbai

Elara Capital Research Associate salary in Mumbai ranges between ₹7.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Elara Capital latest salaries received from various employees of Elara Capital.