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Motilal Oswal Financial Services Financial Advisor salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.6 Lakh - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% less than the average Financial Advisor Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Financial Advisor Salary
0 - 4 years exp. (89 salaries)
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₹1.9 L/yr - ₹5 L/yr

Finance & Accounting
Financial Advisor Salary
0 - 4 years exp. (83 salaries)
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₹1.6 L/yr - ₹5 L/yr

Sales & Business Development
Financial Advisor Salary
0 - 4 years exp. (8 salaries)
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₹1.8 L/yr - ₹4.3 L/yr

Customer Success, Service & Operations
Financial Advisor Salary
0 - 4 years exp. (5 salaries)
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₹2 L/yr - ₹4 L/yr

Last Updated: 9 Apr 2025

Companies similar to Motilal Oswal Financial Services for Financial Advisor in Mumbai

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Motilal Oswal Financial Services Financial Advisor Salary

0 - 4 years exp. (244 salaries)

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₹1.6 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Motilal Oswal Financial Advisor Salary

0 - 4 years exp. (19 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 23% less
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HDFC Sales Financial Advisor Salary

0 - 6 years exp. (16 salaries)

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₹1.7 L/yr - ₹4.5 L/yr

arrow icon 13% less
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JPMorgan Chase & Co. Financial Advisor Salary

3 - 10 years exp. (10 salaries)

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₹3.3 L/yr - ₹9 L/yr

arrow icon 48% more
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Bajaj Capital Financial Advisor Salary

1 - 4 years exp. (4 salaries)

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₹2.4 L/yr - ₹4 L/yr

arrow icon 21% less
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ICICI Securities Financial Advisor Salary

0 - 1 year exp. (3 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 37% more
Financial Advisor salary at Motilal Oswal Financial Services ranges between ₹1.6 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 244 latest salaries received from various employees of Motilal Oswal Financial Services.

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

3d ago
₹3.5 Lakhs
3 years exp.
5d ago
₹3.5 Lakhs
1 year exp.
6d ago
₹3.5 Lakhs
6 months exp.
2w ago
₹3.5 Lakhs
2 months exp.
3w ago
₹4.1 Lakhs
1 year exp.
3w ago
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2 years exp.
3w ago
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5 months exp.
1mo ago
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8 months exp.
1mo ago
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7 months exp.
1mo ago
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7 months exp.

Experience wise Motilal Oswal Financial Services Financial Advisor salaries in Mumbai

Last Updated: 9 Apr 2025

Experience Avg Annual Salary
Fresher  (72 salaries)

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₹1.6 L/yr - ₹5 L/yr
1 year  (94 salaries)

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₹1.8 L/yr - ₹4.6 L/yr
2 years  (52 salaries)

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₹1.8 L/yr - ₹5 L/yr
3 years  (18 salaries)

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₹1.9 L/yr - ₹4.3 L/yr
4 years  (8 salaries)

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₹2.2 L/yr - ₹5 L/yr

Similar Designation salaries in Motilal Oswal Financial Services

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₹2.75 L/yr - ₹11 L/yr
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₹1.5 L/yr - ₹4.75 L/yr
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₹4 L/yr - ₹9.8 L/yr
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₹1.8 L/yr - ₹8 L/yr
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₹5.74 L/yr - ₹10 L/yr
Analyst Salary
(4 salaries)
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₹3.5 L/yr - ₹6 L/yr

Top skills at Motilal Oswal Financial Services for Financial Advisor

Equity Broking Stock Broking Mutual Funds Sales Advising

Salary related reviews for Motilal Oswal Financial Services

3.5

Rated by 76 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

read more
  • Salary - Excellent
  • +6 more

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

 · 

Finance & Accounting Department

1.0
  •  posted on 15 Apr 2022

1.0
 for  Salary and Benefits

Likes

Nothing in special. It's just a call center where you get your salary on time

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Dislikes

Motilal oswal is home to unethical practices all the way. They give fake promises about providing incentives after completion of a given target. Bosses just use you to take a promotion for themselves and there are girls who don't even know what markets are still get raises by licking their bosses 🙂

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  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 22 Dec 2022

1.0
 for  Salary and Benefits

Likes

Nothing. From day one you will get pressurized. Day you will be forced to wait till 8 30 in the evening and in the morning you will have to reach by 8.15 or else your paid leave will get deducted.

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Dislikes

To much of pressure even for freshers. The TL nd manager would force you to abscond from the job and you won't get and relieving letter as well as you notice period salary. There are case where people have done 3 month notice period but still didn't got any thing. neither the salary nor the experience letter. Totally biased place if you are a girl and you show cleavage then you won't get much pressure but for other it would be triple. You will work here for 12 to 13 hours and your personal life would be hell . The Tl and manager are 12 and b com graduate who really don't have any knowledge. They don't even care for the client because of which majority of the data is inactive and you will be forced to call on the number which are inactive for almost 10 year. Daily you will have to daily 500 to 600 call and your ear would start paining by the end of the day. And then also you would be hearing bad words from you TL and manager. Their log say great place to work. But in actually life it worst place to work. The client are currently doing police complaint on the advisor for destroying there portfolio. Don't do a mistake like me by joining it your career would be at a end and this bustard would laugh at it.

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  • Salary - Bad
  • +6 more

Finance & Accounting Department

3.0
  •  posted on 16 Aug 2020

4.0
 for  Salary and Benefits

Likes

...inancial market and teammates are so supportive and the management is also good.there is a huge cafeteria and appraisals is also fair and they give good salary hike and incentives is quite impressive.

read more
  • Salary - Good
  • +3 more

Dislikes

The working hours are so strict and it’s a kind of sales job so there is too much pressure to complete the Many targets at a time other than these I didn’t find any othe problem.

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Full Time

 · 

Other Department

4.0
  •  posted on 04 Apr 2025

5.0
 for  Salary and Benefits

Likes

You can explore more skills ,the environment is good ,salary is good according to your work salary will be hike as your incremental

read more
  • Salary - Excellent
  • +2 more

Dislikes

Not like shifting time ,more pressure ,when your work is not completed you have to sit

  • Promotions - Poor
see more salary related reviews

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What people are saying about Motilal Oswal Financial Services

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1w
works at
Motilal Oswal Financial Services
Fair pay
Can anyone know what is the fair package for a CA with a 7 years of exp in tax. Thanks
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Motilal Oswal Financial Services Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Motilal Oswal Financial Services in Mumbai?
The average salary of a Financial Advisor at Motilal Oswal Financial Services in Mumbai typically ranges from ₹1.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Financial Advisor in Mumbai at Motilal Oswal Financial Services earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Financial Advisor Salaries at Motilal Oswal Financial 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 200+ Motilal Oswal Financial Services employees in India.
What is the estimated take home salary of a Financial Advisor at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a Financial Advisor at Motilal Oswal Financial Services in Mumbai typically ranges from ₹24,886 to ₹26,326 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 200+ salaries received from various employees of Motilal Oswal Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Financial Advisor at Motilal Oswal Financial Services in Mumbai?
To be a Financial Advisor at Motilal Oswal Financial Services in Mumbai, the key skills required include:

  • - Equity Broking
  • - Stock Broking
  • - Mutual Funds Sales
  • - Advising

These skills are highly valued at Motilal Oswal Financial Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Motilal Oswal Financial Services for Financial Advisor in India?
JPMorgan Chase & Co. ₹3.3 Lakhs to ₹9.0 Lakhs per year
ICICI Securities ₹3.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Motilal Oswal Financial Services, depending on the role and experience level.
What is the salary of a Financial Advisor in companies similar to Motilal Oswal Financial Services in Mumbai?
The salary of a Financial Advisor at companies similar to Motilal Oswal Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales ₹1.7 Lakhs to ₹4.5 Lakhs per year
Bajaj Capital ₹2.4 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal ₹1.0 Lakhs to ₹4.0 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 Financial Advisor at Motilal Oswal Financial Services in Mumbai?
The salary growth for a Financial Advisor at Motilal Oswal Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at Motilal Oswal Financial Services:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹5.0 Lakhs per year
1 year ₹1.8 Lakhs to ₹4.6 Lakhs per year
2 years ₹1.8 Lakhs to ₹5.0 Lakhs per year
3 years ₹1.9 Lakhs to ₹4.3 Lakhs per year
and so on.

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Motilal Oswal Financial Services Financial Advisor salary in Mumbai ranges between ₹1.6 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 244 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.