IDBI Capital Mumbai Equity Research Associate Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹3.9 Lakhs - ₹6.5 Lakhs

Salary of majority employees

60% less than the average Equity Research Associate Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Equity Research Associate Salary 0 - 3 years exp. (8 salaries)	₹3.9 L/yr - ₹6.5 L/yr
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Finance & Accounting Equity Research Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6 L/yr

Last Updated: 11 Oct 2024

Companies similar to IDBI Capital for Equity Research Associate in Mumbai

IDBI Capital Equity Research Associate Salary

0 - 3 years exp. (16 salaries)

₹3.9 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (14 salaries)	₹7 L/yr - ₹20 L/yr 153% more
HDFC Securities Equity Research Associate Salary 0 - 6 years exp. (16 salaries)	₹7.5 L/yr - ₹29 L/yr 223% more
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Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 32% less
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7.2 L/yr 24% more
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 65% more
Edelweiss Equity Research Associate Salary 0 - 4 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 165% more
Karvy Stock Broking Equity Research Associate Salary 0 - 3 years exp. (3 salaries)	₹4.3 L/yr - ₹4.7 L/yr 18% less
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 55% more
Choice Equity Broking Equity Research Associate Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹13.3 L/yr 1% more

Equity Research Associate salary at IDBI Capital ranges between ₹3.9 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 16 latest salaries received from various employees of IDBI Capital.

Experience wise IDBI Capital Equity Research Associate salaries in Mumbai

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
1 year (4 salaries)	₹4 L/yr - ₹6 L/yr
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2 years (8 salaries)	₹3.9 L/yr - ₹6.5 L/yr
3 years (3 salaries)	₹5.1 L/yr - ₹6.5 L/yr

Similar Designation salaries in IDBI Capital

Equity Dealer Salary

(4 salaries)

₹3.2 L/yr - ₹4 L/yr

Equity Research Analyst Salary

(3 salaries)

₹2 L/yr - ₹18.4 L/yr

Top skills at IDBI Capital for Equity Research Associate

Equity Research FMCG Sales Equity Valuation Company Valuation Automobile Financial Modelling Auto Ancillary

Salary related reviews for IDBI Capital

2.0

Rated by 1 employees for salary & benefits

Sales Executive in Allahabd

Full Time

Other Department

5.0

• posted on 17 Oct 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. Company policies are Good.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to New joiners.

Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Jul 2023

1.0

for Salary and Benefits

Likes

Company atmosphere is good.

Job security - Excellent

Dislikes

Tech part is very down. Process of service is very slow. Branches are very less. Sales executive more hiring is required. All saturday are working. They promote to those who have jack in company.

Salary - Bad

+1 more

Relationship Officer in Bhubaneswar

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Nov 2022

3.0

for Salary and Benefits

Likes

I worked with idbi capital in Bhubaneswar branch both the SM & ASM are co operative, every day is a new challenge here and every day you learn some things new .. overall TL is very supportive, little bit pressure but the end it's good for us

Skill development - Excellent

+5 more

Dislikes

Nothing

Sales Officer in Bhubaneswar

Marketing & Communication Department

1.0

• posted on 18 Jun 2022

1.0

for Salary and Benefits

Likes

Most worst company i would say,full of politics, poor behavior with lower level, lack of recognition, no matter you will achieve your 100% target still they will insult you in front of everyone, lack of transparency with employees . I'm reporting to Bbsr Idbi Capital branch here u will find Nihar n Jyoti Ranjan beura both are worst employer. Even if u want leave you have to pay money for it to Jyoti Ranjan for everything he will demand for money. Please guys never ever join this company, i worked with them almost 8 month they made my life hell. finally I got a new job but now they are denying for my relieving letter also and also said rubbish thing to my new HR. What i will say....worst means worst every single day you will feel like hell.

Dislikes

Rather you can say what I like on it hate this company that's it .............

Salary - Bad

+6 more

Sales Executive in Bhubaneswar

Sales & Operations Department

1.0

• posted on 22 Jun 2022

1.0

for Salary and Benefits

Likes

Worst company ever worked with

Dislikes

The worst organization I ever worked with.. no support from superiors..full of politics..no recognition no appreciation after your better performance nothing.mentally harassment and completely unsafe for girls

Salary - Bad

+6 more

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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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IDBI Capital Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at IDBI Capital Mumbai?

Equity Research Associate salary at IDBI Capital in Mumbai ranges between ₹3.9 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 60% less than the average Equity Research Associate Salary in India. Salary estimates are based on 16 latest salaries received from various employees of IDBI Capital Mumbai.

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

The average salary of a Equity Research Associate at IDBI Capital is 60% less than the average salary of a Equity Research Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Equity Research Associate at IDBI Capital?

Equity Research, FMCG Sales, Equity Valuation, Company Valuation and Automobile are some of the popular skills required to work as a Equity Research Associate at IDBI Capital Mumbai.

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

HDFC Securities Equity Research Associate Salary - ₹7.5 Lakhs to ₹29.0 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year

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

Axis Direct Equity Research Associate Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
Choice Equity Broking Equity Research Associate Salary - ₹3.0 Lakhs to ₹13.3 Lakhs per year
Karvy Stock Broking Equity Research Associate Salary - ₹4.3 Lakhs to ₹4.7 Lakhs per year
Kotak Securities Equity Research Associate Salary - ₹2.3 Lakhs to ₹5.2 Lakhs per year

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

The estimated take-home salary of a Equity Research Associate at IDBI Capital ranges between ₹41,522 per month to ₹42,665 per month in Mumbai. The take-home salary calculation is based on the average IDBI Capital Equity Research Associate salary in India which ranges between ₹3.9 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the IDBI Capital Equity Research Associates in Mumbai reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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IDBI Capital Equity Research Associate Salaries in Mumbai

IDBI Capital Equity Research Associate salary in Mumbai ranges between ₹3.9 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 IDBI Capital latest salaries received from various employees of IDBI Capital.