IIFL Securities Sub Broker Salaries by 6 Employees (Updated 2024)

1 - 4 years exp.

₹1.2 Lakh - ₹5 Lakhs

Salary of majority employees

31% less than the average Sub Broker Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sub Broker Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr
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Finance & Accounting Sub Broker Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 3 Jan 2024

Companies similar to IIFL Securities for Sub Broker

Company name	Avg Annual Salary	Open Jobs
Angel One Sub Broker Salary 1 - 10 years exp. (75 salaries)	₹1.5 L/yr - ₹6.9 L/yr 45% more
ICICI Direct Sub Broker Salary 4 - 14 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 84% more
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Motilal Oswal Financial Services Sub Broker Salary 0 - 16 years exp. (10 salaries)	₹1.8 L/yr - ₹7.6 L/yr 116% more
Swastika Investmart Sub Broker Salary 4 - 11 years exp. (8 salaries)	₹3.5 L/yr - ₹4.5 L/yr 40% more
Nirmal Bang Sub Broker Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹7.1 L/yr 63% more

Sub Broker salary at IIFL Securities ranges between ₹1.2 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IIFL Securities.

Experience wise IIFL Securities Sub Broker salaries

Last Updated: 3 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr

Similar Designation salaries in IIFL Securities

Stock Broker Salary

(3 salaries)

₹1.66 L/yr - ₹4.8 L/yr

Equity Dealer Salary

(13 salaries)

₹1.45 L/yr - ₹4.1 L/yr

Sales Manager Salary

(11 salaries)

₹2.4 L/yr - ₹5.35 L/yr

Branch Head Salary

(3 salaries)

₹9.1 L/yr - ₹10.8 L/yr

Deputy Manager Salary

(52 salaries)

₹3.7 L/yr - ₹8.5 L/yr

Equity Advisor Salary

(8 salaries)

₹2.4 L/yr - ₹2.75 L/yr

Branch Manager Salary

(10 salaries)

₹3.6 L/yr - ₹6 L/yr

Sales Executive Salary

(11 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Senior Associate Salary

(5 salaries)

₹2.8 L/yr - ₹5.45 L/yr

Authorised Person Salary

(3 salaries)

₹4.4 L/yr - ₹5.35 L/yr

Salary related reviews for IIFL Securities

Senior Relationship Manager in Thane

BFSI, Investments & Trading Department

4.0

• posted on 25 Apr 2022

3.0

for Salary and Benefits

Likes

There is no job security, work culture is good, The company management are not that bad & The policies quite strict.

Dislikes

The salary deduction is too high, Not giving the good appraisal & there is no growth in carrer

Relationship Manager in Indore

Customer Relationship Department

3.0

• posted on 22 Feb 2021

2.0

for Salary and Benefits

Likes

Satisfaction

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Branch Development Manager Service in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Time Vertical work it's good no time limit to spend time to office salary it's good other work it's very bad experience no growth process is very lengthy manegement very slow working

Dislikes

Over all its great work in office good salary nice place learning it's good bud no opportunity your growth your carrier and email response it's very lengthy manegement and services

Customer Relationship Manager in Bangalore / Bengaluru

Other Department

1.0

• posted on 04 Feb 2022

5.0

for Salary and Benefits

Likes

Work from home and comfortable

Dislikes

Not received salary on time after leaving company and reliving letter still not received and they are least bothered to respond for the delay. And they were not providing weekoff sometimes and pressuring us on target working overtime from 9 am to 8pm

Senior Executive As Team Lead .. Chat Process..non-voice in Secretariat, Hyderabad

Engineering - Software & QA Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security is depending upon our efforts and have to maintain some rules and regulations it's all about job security. And company is nothing but it's good environmental and encouragement is very well..

Dislikes

Comming to dislikes that ... salary is issue is their and .. without any intematinon they will exit us..no offer letter ..it's totally.it's all about dislikes..

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IIFL Securities Sub Broker Salary FAQs

What is the salary of Sub Broker at IIFL Securities?

Sub Broker salary at IIFL Securities in India ranges between ₹1.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 31% less than the average Sub Broker Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IIFL Securities India.

How does the salary of a Sub Broker at IIFL Securities India compare with the average salary range for this job?

The average salary of a Sub Broker at IIFL Securities is 31% less than the average salary of a Sub Broker in India. To know exact salary insights, login to view.

Which similar companies are paying more than IIFL Securities to a Sub Broker in India?

Motilal Oswal Financial Services Sub Broker Salary - ₹1.8 Lakhs to ₹7.6 Lakhs per year
ICICI Direct Sub Broker Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
Nirmal Bang Sub Broker Salary - ₹3.0 Lakhs to ₹7.1 Lakhs per year
Angel One Sub Broker Salary - ₹1.5 Lakhs to ₹6.9 Lakhs per year
Swastika Investmart Sub Broker Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Sub Broker at IIFL Securities in India?

The estimated take-home salary of a Sub Broker at IIFL Securities ranges between ₹20,011 per month to ₹21,675 per month in India. The take-home salary calculation is based on the average IIFL Securities Sub Broker salary in India which ranges between ₹1.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Sub Broker at IIFL Securities?

According to AmbitionBox, 100% of the IIFL Securities Sub Brokers reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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IIFL Securities Sub Broker Salaries

IIFL Securities Sub Broker salary in India ranges between ₹1.2 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIFL Securities latest salaries received from various employees of IIFL Securities.