ICICI Securities Research Analyst Salaries by 20+ Employees (Updated 2025)

0 - 13 years exp.

₹7 Lakhs - ₹18 Lakhs

Salary of majority employees

150% more than the average Research Analyst Salary in Financial Services Companies for 0 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Analyst Salary 1 - 12 years exp. (7 salaries)	₹7.5 L/yr - ₹18 L/yr
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Finance & Accounting Research Analyst Salary 5 - 13 years exp. (5 salaries)	₹7.9 L/yr - ₹17.2 L/yr

Last Updated: 26 Aug 2023

Companies similar to ICICI Securities for Research Analyst

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Research Analyst Salary 0 - 7 years exp. (7 salaries)	₹6.5 L/yr - ₹13.3 L/yr 24% less
Kotak Securities Research Analyst Salary 1 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹12.4 L/yr 42% less
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Axis Direct Research Analyst Salary 0 - 7 years exp. (6 salaries)	₹2 L/yr - ₹11 L/yr 48% less	1 job opening
Edelweiss Research Analyst Salary 0 - 11 years exp. (6 salaries)	₹7.7 L/yr - ₹18.7 L/yr 36% more
FactSet Research Analyst Salary 0 - 4 years exp. (2.8k salaries)	₹1.8 L/yr - ₹5.2 L/yr 68% less
London Stock Exchange Group Research Analyst Salary 0 - 5 years exp. (262 salaries)	₹2.8 L/yr - ₹7 L/yr 59% less
Morningstar Research Analyst Salary 0 - 4 years exp. (185 salaries)	₹2.7 L/yr - ₹7 L/yr 55% less
Wells Fargo Research Analyst Salary 0 - 4 years exp. (58 salaries)	₹2.3 L/yr - ₹5.2 L/yr 69% less
Motilal Oswal Financial Services Research Analyst Salary 0 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹7.4 L/yr 62% less
Citicorp Research Analyst Salary 1 - 9 years exp. (13 salaries)	₹3.8 L/yr - ₹9 L/yr 56% less
Sharekhan Research Analyst Salary 4 - 18 years exp. (12 salaries)	₹8.9 L/yr - ₹21 L/yr 12% more
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Morgan Stanley Research Analyst Salary 1 - 5 years exp. (10 salaries)	₹5.4 L/yr - ₹7.7 L/yr 51% less
Karvy Stock Broking Research Analyst Salary 2 - 14 years exp. (8 salaries)	₹4.3 L/yr - ₹17.6 L/yr 17% less
Angel One Research Analyst Salary 2 - 4 years exp. (8 salaries)	₹2.2 L/yr - ₹7 L/yr 57% less
UBS Research Analyst Salary 3 - 6 years exp. (7 salaries)	₹8.1 L/yr - ₹23 L/yr 29% more
American Express Research Analyst Salary 1 - 4 years exp. (7 salaries)	₹4.2 L/yr - ₹17.1 L/yr 18% less
BNY Research Analyst Salary 1 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹10.5 L/yr 53% less
Geojit Financial Services Research Analyst Salary 2 - 9 years exp. (6 salaries)	₹3 L/yr - ₹6.6 L/yr 60% less
HSBC Group Research Analyst Salary 1 - 14 years exp. (5 salaries)	₹11.1 L/yr - ₹48 L/yr 136% more
Aditya Birla Capital Research Analyst Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹17 L/yr 1% less

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Research Analyst salary at ICICI Securities ranges between ₹7 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 27 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Research Analyst salaries

Last Updated: 26 Aug 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹7.7 L/yr - ₹9 L/yr
1 year (3 salaries)	₹7 L/yr - ₹15.1 L/yr
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2 years (3 salaries)	₹7.5 L/yr - ₹10 L/yr
3 years (3 salaries)	₹7.5 L/yr - ₹17.7 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11 L/yr
5 years (3 salaries)	₹11 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹22.9 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹26.8 L/yr
11 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹28.1 L/yr
12 years (3 salaries)	₹15 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹17.2 L/yr

View all

Similar Designation salaries in ICICI Securities

Research Associate Salary

(4 salaries)

₹12.5 L/yr - ₹17.3 L/yr

Analyst Salary

(9 salaries)

₹7.69 L/yr - ₹11 L/yr

Senior Engineer Salary

(3 salaries)

₹10.4 L/yr - ₹17.4 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Deputy Manager Salary

(17 salaries)

₹3.5 L/yr - ₹7 L/yr

Senior Research Associate Salary

(3 salaries)

₹10.4 L/yr - ₹25 L/yr

Software Engineer Salary

(12 salaries)

₹8.23 L/yr - ₹16.5 L/yr

System Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹4.5 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Software Developer Salary

(36 salaries)

₹4.5 L/yr - ₹17.6 L/yr

Salary related reviews for ICICI Securities

4.0

Rated by 4 employees for salary & benefits

Software Developer in Navi Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 09 Feb 2023

3.0

for Salary and Benefits

Likes

-Salary on time.

Job security - Good

Dislikes

-Work life balance. Need to do both support and development. -Weekend work with no compensation. -Old technology. -Heavy politics. You can suffer a lot due to this. -Bad infrastructure. -No proper management and no proper process followed. Don't join if you have other offers in hand.

Company culture - Poor

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Equity Relationship Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 May 2023

3.0

for Salary and Benefits

Likes

Attractive salary Brand name

Dislikes

No job security Heavy job pressure No (0) work life balance (10hrs shift plus frequent over time) Too much tele calling Horrible work culture No learning at all apart from sales Unsupportive seniors and TLs Less holidays Unhealthy work environment No incentives Poor client base and leads At the time of interview it was said that it's a advisory job but it's a pure sales job. It is suggested that only salesperson join this job. For company it is suggested to treat their employees as humans and value customers. They say that they have customer first policy, but all they care is about brokerage and product sales.

Skill development - Bad

+5 more

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ICICI Securities Research Analyst Salary FAQs

What is the salary of Research Analyst at ICICI Securities?

Research Analyst salary at ICICI Securities in India ranges between ₹7.0 Lakhs to ₹18.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 150% more than the average Research Analyst Salary in India. Salary estimates are based on 27 latest salaries received from various employees of ICICI Securities India.

How does the salary of a Research Analyst at ICICI Securities India compare with the average salary range for this job?

The average salary of a Research Analyst at ICICI Securities is 150% more than the average salary of a Research Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Securities to a Research Analyst in India?

HSBC Group Research Analyst Salary - ₹11.1 Lakhs to ₹48.0 Lakhs per year
Edelweiss Research Analyst Salary - ₹7.7 Lakhs to ₹18.7 Lakhs per year
UBS Research Analyst Salary - ₹8.1 Lakhs to ₹23.0 Lakhs per year
BNP Paribas Research Analyst Salary - ₹3.2 Lakhs to ₹26.0 Lakhs per year
Fidelity Investments Research Analyst Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Research Analyst in companies similar to ICICI Securities in India?

Sharekhan Research Analyst Salary - ₹8.9 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Capital Research Analyst Salary - ₹3.0 Lakhs to ₹17.0 Lakhs per year
Karvy Stock Broking Research Analyst Salary - ₹4.3 Lakhs to ₹17.6 Lakhs per year
American Express Research Analyst Salary - ₹4.2 Lakhs to ₹17.1 Lakhs per year
HDFC Securities Research Analyst Salary - ₹6.5 Lakhs to ₹13.3 Lakhs per year

What is the estimated take home salary of a Research Analyst at ICICI Securities in India?

The estimated take-home salary of a Research Analyst at ICICI Securities ranges between ₹87,818 per month to ₹90,122 per month in India. The take-home salary calculation is based on the average ICICI Securities Research Analyst salary in India which ranges between ₹7.0 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Research Analyst at ICICI Securities?

According to AmbitionBox, 50% of the ICICI Securities Research Analysts reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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ICICI Securities Research Analyst Salaries

ICICI Securities Research Analyst salary in India ranges between ₹7 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 ICICI Securities latest salaries received from various employees of ICICI Securities.