Indbank Merchant Banking Services Dealer Salaries by 4 Employees

7 - 11 years exp.

₹2.3 Lakhs - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Dealer Salary in Financial Services Companies for 7 - 11 years of experience

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Last Updated: 6 Jan 2024

Companies similar to Indbank Merchant Banking Services for Dealer

Company name	Avg Annual Salary	Open Jobs
SBI Securities Dealer Salary 0 - 6 years exp. (95 salaries)	₹2.2 L/yr - ₹4.8 L/yr 6% more
Geojit Financial Services Dealer Salary 0 - 6 years exp. (45 salaries)	₹2 L/yr - ₹3.5 L/yr 14% less
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Kotak Securities Dealer Salary 1 - 9 years exp. (26 salaries)	₹1.4 L/yr - ₹5 L/yr 13% more
SMC Global Securities Dealer Salary 1 - 12 years exp. (24 salaries)	₹1.1 L/yr - ₹4.4 L/yr 14% less
Angel One Dealer Salary 1 - 6 years exp. (21 salaries)	₹1 L/yr - ₹3.8 L/yr 29% less

Dealer salary at Indbank Merchant Banking Services ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Indbank Merchant Banking Services.

Experience wise Indbank Merchant Banking Services Dealer salaries

Last Updated: 6 Jan 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Indbank Merchant Banking Services

Team Lead Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Top skills at Indbank Merchant Banking Services for Dealer

NISM

Salary related reviews for Indbank Merchant Banking Services

Management Consultant in Chennai

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 15 Mar 2025

2.0

for Salary and Benefits

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Nothing

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Many toxic CEO and CHRO ruling the party .. totally spoiling the work culture, biased , language discrimination, overall creating very bad reputation of company.. both have to be removed for company current and future growth

Salary - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Indbank Merchant Banking Services Dealer Salary FAQs

What is the salary of Dealer at Indbank Merchant Banking Services ?

The average salary of a Dealer at Indbank Merchant Banking Services in India typically ranges from ₹2.3 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Dealer at Indbank Merchant Banking Services earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Dealer Salaries at Indbank Merchant Banking Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Indbank Merchant Banking Services employees in India.

What is the estimated take home salary of a Dealer at Indbank Merchant Banking Services in India?

The estimated take-home salary of a Dealer at Indbank Merchant Banking Services in India typically ranges from ₹23,281 to ₹24,746 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 7 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Indbank Merchant Banking Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Dealer at Indbank Merchant Banking Services ?

NISM is a popular skill required to work as a Dealer at Indbank Merchant Banking Services.

Which companies offer higher salaries than Indbank Merchant Banking Services for Dealer in India?

Kotak Securities	₹1.4 Lakhs to ₹5.0 Lakhs per year
SBI Securities	₹2.2 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indbank Merchant Banking Services, depending on the role and experience level.

What is the salary of a Dealer in companies similar to Indbank Merchant Banking Services in India?

The salary of a Dealer at companies similar to Indbank Merchant Banking Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMC Global Securities	₹1.1 Lakhs to ₹4.4 Lakhs per year
Geojit Financial Services	₹2.0 Lakhs to ₹3.5 Lakhs per year
Angel One	₹1.0 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Dealer at Indbank Merchant Banking Services in India?

The salary growth for a Dealer at Indbank Merchant Banking Services depends on factors such as experience, performance, and promotions. On average, a Dealer can expect the following growth trajectory at Indbank Merchant Banking Services:

Experience	Average Salary Range
7 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
8 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
9 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
10 years	₹3.2 Lakhs to ₹4.1 Lakhs per year

and so on.

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Indbank Merchant Banking Services Dealer Salaries

Indbank Merchant Banking Services Dealer salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indbank Merchant Banking Services latest salaries received from various employees of Indbank Merchant Banking Services.