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3.8

based on 2.5k Reviews

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Motilal Oswal Financial Services AVP salaries in Mumbai

Annual salary range
12 - 17 years exp.
₹13.5 Lakhs - ₹23 Lakhs
Salary of majority employees
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41% less than the average AVP Salary in Financial Services Companies for 12 - 17 years of experience

Interested in this particular role?

Salaries in different departments

CSR & Social Service
AVP Salary
12 - 15 years exp. (3 salaries)
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₹15 L/yr - ₹23 L/yr

BFSI, Investments & Trading
AVP Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹15.8 L/yr

Finance & Accounting
AVP Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹17 L/yr - ₹17.4 L/yr

Sales & Business Development
AVP Salary
12 years exp. (AmbitionBox Estimate)
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₹17.6 L/yr - ₹20 L/yr

Last Updated: 25 Dec 2024

Companies similar to Motilal Oswal Financial Services for AVP in Mumbai

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Motilal Oswal Financial Services AVP Salary

12 - 17 years exp. (8 salaries)

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₹13.5 L/yr - ₹23 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Edelweiss AVP Salary

6 - 18 years exp. (13 salaries)

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₹14 L/yr - ₹33 L/yr

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ICICI Securities AVP Salary

7 - 18 years exp. (24 salaries)

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₹17.5 L/yr - ₹35 L/yr

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HDFC Securities AVP Salary

12 years exp. (3 salaries)

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₹23 L/yr - ₹30 L/yr

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Kotak Securities AVP Salary

7 - 16 years exp. (10 salaries)

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₹8.6 L/yr - ₹26 L/yr

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Axis Direct AVP Salary

18 - 20 years exp. (4 salaries)

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₹19.8 L/yr - ₹25 L/yr

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Angel One AVP Salary

8 - 16 years exp. (6 salaries)

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₹18 L/yr - ₹35 L/yr

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JPMorgan Chase & Co. AVP Salary

8 - 19 years exp. (179 salaries)

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₹17 L/yr - ₹44 L/yr

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JM Financial AVP Salary

4 - 20 years exp. (11 salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 15% more
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Motilal Oswal AVP Salary

12 - 16 years exp. (5 salaries)

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₹18 L/yr - ₹35 L/yr

arrow icon 41% more
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Reliance Capital AVP Salary

8 - 22 years exp. (4 salaries)

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₹25 L/yr - ₹45 L/yr

arrow icon 75% more
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MSCI AVP Salary

12 - 14 years exp. (3 salaries)

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₹28 L/yr - ₹45 L/yr

arrow icon 96% more
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Nippon Life India Asset Management AVP Salary

22 - 25 years exp. (3 salaries)

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₹24 L/yr - ₹35 L/yr

arrow icon 81% more
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Wells Fargo AVP Salary

10 - 16 years exp. (3 salaries)

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₹28.6 L/yr - ₹36 L/yr

arrow icon 76% more
AVP salary at Motilal Oswal Financial Services ranges between ₹13.5 Lakhs to ₹23 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Financial Services.

Latest annual salaries shared by Motilal Oswal Financial Services AVP in Mumbai

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15 years exp.
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12 years exp.
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16 years exp.
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16 years exp.
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17 years exp.
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13 years exp.
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15 years exp.
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12 years exp.

Experience wise Motilal Oswal Financial Services AVP salaries in Mumbai

Last Updated: 25 Dec 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹15 L/yr - ₹20 L/yr
13 years (AmbitionBox Estimate)

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₹7 L/yr - ₹19 L/yr
14 years (AmbitionBox Estimate)

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₹15.6 L/yr - ₹19.9 L/yr
15+ years  (5 salaries)

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₹13.5 L/yr - ₹23 L/yr

Similar Designation salaries in Motilal Oswal Financial Services

Financial Advisor Salary
(254 salaries)
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Team Lead Salary
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₹2.25 L/yr - ₹7.4 L/yr
Sales Executive Salary
(64 salaries)
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₹1.3 L/yr - ₹4 L/yr
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₹1.8 L/yr - ₹4.25 L/yr
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₹2 L/yr - ₹3.3 L/yr
Area Manager Salary
(17 salaries)
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₹3.8 L/yr - ₹7.31 L/yr

Salary related reviews for Motilal Oswal Financial Services

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Nov 2024

5.0
 for  Salary and Benefits

Likes

Employees often appreciate Motilal Oswal Financial Services for its excellent learning opportunities, supportive work environment, career growth prospects, comprehensive training programs, and recognition of performance. You don't have to get ur own Client base and work on them where elsewhere u have to source clients and trade brokrage on them. Hr priya yadav and sayli unni are super professional and helpful in all cases , Motilal Oswal is employee oriented they think about employees but TLS think about their incentive hence pressure is there , likewise. People are friendly supportive

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Dislikes

Employees often dislike the high work pressure, aggressive sales targets, below-industry-average compensation for some roles, and limited work-life balance. It's purely sales sales sales sales like insurance, tgs , sip , pms , and brokerage pressure is very much , like fno and brokerage is very high , client definitely goes in loss and end up losing hard earned money , that's where I felt i should leave because charging so high brokerage it gets hard to provide service to client and profits too , market is uncertain no guarantee client will trade or not still we employee have immense pressure to work and get business, sometimes TLS also pressure alot , salary when I joined was less , and they hire everyone like freshers with no market experience and no interest in this field in this case the client suffers.

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Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 20 Jun 2024

3.0
 for  Salary and Benefits

Likes

Off course about good culture and lot of learnings and trainings.

Dislikes

No ESOP to ground level Managers like M2- V6. Company should provide ESOP in terms of Bonus whatever qty is..It will motivate employees.

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Full Time

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Finance & Accounting Department

3.0
  •  posted on 27 May 2024

1.0
 for  Salary and Benefits

Likes

There is only one thing that you encourage you to work here is - skill development & learnings but only if you are freshers. Rest nothing is here to like more about Motilal Oswal in Advisor Profile.

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Dislikes

...ere are lots of things to add here but I will try to summarise in short message. The first is your salary will be too low far less then the average salary. You have to everything. You have to open demet account, you have to do the backoffice work, you have to do sales, you have to find out potential clients, you have to raise fund from customer, you have to solve the query of client. In short you have to do everything (finance role, marketing role, sales Role, backoffice role) by all doing this you will get very less salary. For demet account opening company will not provide data. You have to find out do it everything by yourself. ZERO support from management. I will prefer to not join Motilal Oswal atleast in advisor role.

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Full Time

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Marketing & Communication Department

5.0
  •  posted on 11 May 2024

3.0
 for  Salary and Benefits

Likes

The policies are employee centric. Multiple initiatives and benefits for employees and their families. Work Switch off policy for sr manager below, post 9:30hr (max work time).

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Dislikes

Salary brackets are below industry standards.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 May 2024

3.0
 for  Salary and Benefits

Likes

Annual Bonus and daily Good Morning mails from Motilal Ji

Dislikes

Toxic Culture Do not trust employees or subordinates Domination of Heritage Team New joinee tenure is 2years or less HR is for name sake and no role or HR, all business heads managing the show Policies are restricted to only books Too much of micromanagement Useless, Nonsense are commonly used words Spying on employees, takes feedback from people around and come to conclusion Domination of business heads. No value for employees. Do not value employees. Degrade employees and offer Gardening Leave if you resign. Career will be almost spolied. Earn good amount of money but you will lose what you cannot buy or earn. All your incentives will be squeezed if you leave in the middle of financial year, else you won't get reliving letter. We work like dog during our tenure. We will be treated as street dogs during the notice period. We will dead dogs after your last working day. Sorry Motilal Lal Ji. Some are trying to fade away your dreams.

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Motilal Oswal Financial Services AVP Salary FAQs

What is the salary of AVP at Motilal Oswal Financial Services Mumbai?
AVP salary at Motilal Oswal Financial Services in Mumbai ranges between ₹13.5 Lakhs to ₹23.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 41% less than the average AVP Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Financial Services Mumbai.
How does the salary of a AVP at Motilal Oswal Financial Services Mumbai compare with the average salary range for this job?
The average salary of a AVP at Motilal Oswal Financial Services is 41% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Motilal Oswal Financial Services to a AVP in Mumbai?
  • MSCI AVP Salary - ₹28.0 Lakhs to ₹45.0 Lakhs per year
  • Nippon Life India Asset Management AVP Salary - ₹24.0 Lakhs to ₹35.0 Lakhs per year
  • Wells Fargo AVP Salary - ₹28.6 Lakhs to ₹36.0 Lakhs per year
  • Reliance Capital AVP Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year
  • JPMorgan Chase & Co. AVP Salary - ₹17.0 Lakhs to ₹44.0 Lakhs per year
What is the salary of a AVP in companies similar to Motilal Oswal Financial Services in Mumbai?
  • HDFC Securities AVP Salary - ₹23.0 Lakhs to ₹30.0 Lakhs per year
  • ICICI Securities AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
  • Edelweiss AVP Salary - ₹14.0 Lakhs to ₹33.0 Lakhs per year
  • Motilal Oswal AVP Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
  • Angel One AVP Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
What is the estimated take home salary of a AVP at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a AVP at Motilal Oswal Financial Services ranges between ₹1,17,054 per month to ₹1,20,326 per month in Mumbai. The take-home salary calculation is based on the average Motilal Oswal Financial Services AVP salary in India which ranges between ₹13.5 Lakhs to ₹23.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?
What is the notice period for AVP at Motilal Oswal Financial Services in Mumbai?
According to AmbitionBox, 50% of the Motilal Oswal Financial Services AVPs in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Motilal Oswal Financial Services AVP salary in Mumbai ranges between ₹13.5 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.