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HDFC Securities Research Associate salaries in Mumbai

Annual salary range
3 - 6 years exp.
₹9 Lakhs - ₹23 Lakhs
Salary of majority employees
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Fixed (78%)
₹11.3 Lakhs
Variable (22%)
₹3.1 Lakhs
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191% more than the average Research Associate Salary for 3 - 6 years of experience

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Last Updated: 16 Sep 2023

Companies similar to HDFC Securities for Research Associate in Mumbai

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HDFC Securities Research Associate Salary

3 - 6 years exp. (6 salaries)

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₹9 L/yr - ₹23 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Securities Research Associate Salary

3 - 6 years exp. (3 salaries)

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₹14.5 L/yr - ₹17.3 L/yr

arrow icon 10% more
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₹10 L/yr - ₹13.5 L/yr

arrow icon 19% less
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Edelweiss Research Associate Salary

1 - 2 years exp. (3 salaries)

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₹5 L/yr - ₹9 L/yr

arrow icon 50% less
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Axis Direct Research Associate Salary

1 - 5 years exp. (4 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 54% less
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Crisil Research Associate Salary

1 - 7 years exp. (42 salaries)

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₹8.2 L/yr - ₹15 L/yr

arrow icon 30% less
5 job openings
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Abbott Research Associate Salary

1 - 5 years exp. (15 salaries)

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₹5 L/yr - ₹9.8 L/yr

arrow icon 57% less
Research Associate salary at HDFC Securities ranges between ₹9 Lakhs to ₹23 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Securities.

Latest annual salaries shared by HDFC Securities Research Associate in Mumbai

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Experience wise HDFC Securities Research Associate salaries in Mumbai

Last Updated: 16 Sep 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹9 L/yr - ₹26 L/yr
4 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹23 L/yr
5 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)

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₹21 L/yr - ₹39.6 L/yr

Similar Designation salaries in HDFC Securities

Deputy Manager Salary
(91 salaries)
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₹3.6 L/yr - ₹10.18 L/yr
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₹10 L/yr - ₹13.3 L/yr

Salary related reviews for HDFC Securities

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 30 Aug 2024

2.0
 for  Salary and Benefits

Likes

1. Promotions are regimented. You become eligible to be promoted every 3 years. This makes the wrong kind of crowd mop around for years without making any positive impact to the organization or to younger juniors. 2. People hardly get fired. The redundant ones are moved around from department to department and eventually get promoted after every 3 year stint to rise to higher positions.

read more

Dislikes

- High job security at LOW salary and appraisals - Office politics and toxic work culture HDFC securities offers the worst of both worlds i.e low salary of a private job + bad office culture of a government job

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Aug 2024

3.0
 for  Salary and Benefits

Likes

Job security Salary on time

  • Job security - Good

Dislikes

Appraisal according how is your relationship with manager not according performance. Pressure on other third party products where core business is not much important. HR response is zero whenever you need. System are slow like more than any government company.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 28 May 2023

1.0
 for  Salary and Benefits

Likes

Only job security if you have the potential to manage work load.

Dislikes

No fix job timings No salary hike Company only wants revenue No working culture They only wants revenue generated machine in the face of employee.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Stock Market Department

2.0
  •  posted on 22 Apr 2023

4.0
 for  Salary and Benefits

Likes

Great brand! The only other thing I liked about working here is the salary being credited on time.

read more
  • Salary - Good

Dislikes

Oh dear, downsides are uncountable. The work pressure is over the top. The salary being credited is totally unjustified to the nature of the work being done. Constant pressurizing leaves one unmotivated to the core and only to feel like leaving the organization altogether. Rubbing salt into the wound, where I work the 'politics' and 'favoritism' is unbearable - toxic working environment. On top of that, lack of appreciation for target accomplishment and frequent stealing of individual performance credit. I don't mean to be too harsh, but I'm simply describing the exact ground reality. Sugar coating is just not my cup of tea. Leaving everything aside, I would personally, never work here again (nor will recommend), even if I were to be requested or even bribed - just not worth putting your mental health in a jeopardy. The brand is GREAT without a shadow of doubt, but the management is, unfortunately, absolutely abysmal.

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  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 17 Aug 2024

2.0
 for  Salary and Benefits

Likes

Very Good platform to learning and skills development.

  • Skill development - Excellent
  • +3 more

Dislikes

Salary is very less and there is no promotion of vintage employees.vintage employees salary is less than new joined.this is very very demerits in hdfc securities.

read more
  • Salary - Poor
  • +1 more
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HDFC Securities Research Associate Salary FAQs

What is the salary of Research Associate at HDFC Securities Mumbai?
Research Associate salary at HDFC Securities in Mumbai ranges between ₹9.0 Lakhs to ₹23.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 191% more than the average Research Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HDFC Securities Mumbai.
How does the salary of a Research Associate at HDFC Securities Mumbai compare with the average salary range for this job?
The average salary of a Research Associate at HDFC Securities is 191% 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 HDFC Securities to a Research Associate in Mumbai?
  • ICICI Securities Research Associate Salary - ₹14.5 Lakhs to ₹17.3 Lakhs per year
What is the salary of a Research Associate in companies similar to HDFC Securities in Mumbai?
  • Motilal Oswal Financial Services Research Associate Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year
  • Crisil Research Associate Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year
  • Edelweiss Research Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
  • Axis Direct Research Associate Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
  • Abbott Research Associate Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
What is the estimated take home salary of a Research Associate at HDFC Securities in Mumbai?
The estimated take-home salary of a Research Associate at HDFC Securities ranges between ₹1,00,262 per month to ₹1,02,992 per month in Mumbai. The take-home salary calculation is based on the average HDFC Securities Research Associate salary in India which ranges between ₹9.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Research Associate at HDFC Securities in Mumbai?
According to AmbitionBox, 100% of the HDFC Securities Research Associates in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Securities Research Associate salary in Mumbai ranges between ₹9 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HDFC Securities latest salaries received from various employees of HDFC Securities.