Indsec Securities and Finance Mumbai Equity Research Associate Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹6 Lakhs - ₹8 Lakhs

Salary of majority employees

51% less than the average Equity Research Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 18 Oct 2023

Companies similar to Indsec Securities and Finance for Equity Research Associate in Mumbai

Indsec Securities and Finance Equity Research Associate Salary

0 - 4 years exp. (4 salaries)

₹6 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Equity Research Associate Salary 0 - 4 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 116% more
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 34% more
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ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (14 salaries)	₹7 L/yr - ₹20 L/yr 106% more
HDFC Securities Equity Research Associate Salary 0 - 6 years exp. (17 salaries)	₹7 L/yr - ₹28 L/yr 131% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 45% less
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7.2 L/yr 1% more
IIFL Securities Equity Research Associate Salary 0 - 4 years exp. (14 salaries)	₹7.4 L/yr - ₹25 L/yr 132% more

Equity Research Associate salary at Indsec Securities and Finance ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Indsec Securities and Finance.

Experience wise Indsec Securities and Finance Equity Research Associate salaries in Mumbai

Last Updated: 18 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Indsec Securities and Finance

Equity Research Analyst Salary

(4 salaries)

₹11.5 L/yr - ₹15 L/yr

Research Analyst Salary

(4 salaries)

₹6 L/yr - ₹13.9 L/yr

Research Associate Salary

(3 salaries)

₹4.5 L/yr - ₹7.2 L/yr

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a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Indsec Securities and Finance Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Indsec Securities and Finance Mumbai?

Equity Research Associate salary at Indsec Securities and Finance in Mumbai ranges between ₹6.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 51% less than the average Equity Research Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indsec Securities and Finance Mumbai.

How does the salary of a Equity Research Associate at Indsec Securities and Finance Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Associate at Indsec Securities and Finance is 51% less than the average salary of a Equity Research Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Indsec Securities and Finance to a Equity Research Associate in Mumbai?

IIFL Securities Equity Research Associate Salary - ₹7.4 Lakhs to ₹25.0 Lakhs per year
HDFC Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹28.0 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

What is the salary of a Equity Research Associate in companies similar to Indsec Securities and Finance in Mumbai?

Axis Direct Equity Research Associate Salary - ₹4.0 Lakhs to ₹7.2 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 Indsec Securities and Finance in Mumbai?

The estimated take-home salary of a Equity Research Associate at Indsec Securities and Finance ranges between ₹51,621 per month to ₹52,838 per month in Mumbai. The take-home salary calculation is based on the average Indsec Securities and Finance Equity Research Associate salary in India which ranges between ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Indsec Securities and Finance in Mumbai?

According to AmbitionBox, 50% of the Indsec Securities and Finance Equity Research Associates in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Indsec Securities and Finance Equity Research Associate Salaries in Mumbai

Indsec Securities and Finance Equity Research Associate salary in Mumbai ranges between ₹6 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indsec Securities and Finance latest salaries received from various employees of Indsec Securities and Finance.