Annual salary range
0 - 4 years exp.
₹4.1
Lakhs - ₹5.2
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
(AmbitionBox Estimate) 
This is an estimate of the average salary for this
position. The actual salary may differ.
Monthly In-hand Salary
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Institutional Dealer salary at Modern Shares And Stockbrokers ranges between ₹4.1
Lakhs
to ₹5.2
Lakhs
per year for employees with less than 1 year of experience to 4 years. Salary
estimates are based on
2 latest salaries received
from various employees of Modern Shares And Stockbrokers.
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1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview.
1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining.
2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon
3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too.
4. Leaves – We get 21 paid leaves a year.
I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Modern Shares And Stockbrokers Institutional Dealer Salary FAQs
How the salary growth look like for a Institutional Dealer at Modern Shares And Stockbrokers in Mumbai Suburban?
The salary growth for a Institutional Dealer at Modern Shares And Stockbrokers in Mumbai Suburban depends on factors such as experience, performance, and promotions. On average, a Institutional Dealer in Mumbai Suburban can expect the following growth trajectory at Modern Shares And Stockbrokers:
and so on.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹2.7 Lakhs to ₹3.5 Lakhs per year |
| 4 years | ₹5.4 Lakhs to ₹6.9 Lakhs per year |
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- Modern Shares And Stockbrokers Institutional Dealer Salaries in Mumbai Suburban
Modern Shares And Stockbrokers Institutional Dealer salary in Mumbai Suburban ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Modern Shares And Stockbrokers.