Motilal Oswal Financial Services Sub Broker Salaries by 8 Employees

1 - 16 years exp.

₹2 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

47% more than the average Sub Broker Salary in Financial Services Companies for 1 - 16 years of experience

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Last Updated: 7 Sep 2024

Companies similar to Motilal Oswal Financial Services for Sub Broker

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Sub Broker Salary 3 years exp. (3 salaries)	₹2.4 L/yr - ₹5.1 L/yr 40% less
Angel One Sub Broker Salary 2 - 6 years exp. (55 salaries)	₹1.5 L/yr - ₹8.2 L/yr 33% less
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Swastika Investmart Sub Broker Salary 0 - 11 years exp. (11 salaries)	₹3.5 L/yr - ₹4.5 L/yr 35% less
Sharekhan Sub Broker Salary 1 - 15 years exp. (7 salaries)	₹1.2 L/yr - ₹8.4 L/yr 9% less
Nirmal Bang Sub Broker Salary 3 - 10 years exp. (6 salaries)	₹3 L/yr - ₹7.1 L/yr 22% less

Sub Broker salary at Motilal Oswal Financial Services ranges between ₹2 Lakhs to ₹7.3 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Financial Services.

Experience wise Motilal Oswal Financial Services Sub Broker salaries

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹8.5 L/yr
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10.7 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
13 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
15+ years (AmbitionBox Estimate)	₹5 L/yr - ₹13 L/yr

View all

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Salary related reviews for Motilal Oswal Financial Services

1.8

Rated by 3 employees for salary & benefits

Equity Advisor in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 15 Mar 2025

4.0

for Salary and Benefits

Likes

The company offers a good salary with good increment culture of every 3 months

Salary - Good

+1 more

Dislikes

Mostly sales if you are good at sales i think that would be sufficient and if not achieved the target the working shifts may extend

Skill development - Bad

+3 more

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

Salary - Poor

+6 more

Relationship Manager in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 May 2023

3.0

for Salary and Benefits

Likes

Management teams are good you will never face any kind of issue regarding your salary.

Promotions - Good

Dislikes

Maximum time politics you will face in every department and infront you they will be like all things are good but behind you they talk shit about you if you ask for any kind of help they will say yes and forget, you will never get any help for any things. Everyone wants to be boss here. Talking in a same tone every time and big big promises every were. Don't trust anyone here if you trust them in every manger. Then it's your fault in case of your manager or colleagues.

Work satisfaction - Poor

Sales Executive in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

5.0

for Salary and Benefits

Likes

Company is really very good... Staff like Hr admin security also fantastic... Salary is on time. paid leaves 45 in a year. Company also provide picnic facility, month's last Friday as fun Friday along with snacks, extra programs from HR team and big function on annual day.

Salary - Excellent

+1 more

Dislikes

If you wanna die then join thane branch of this company. Never logout on time, sometime 8.30 pm, sometimes 8pm and if your luck is with you then 7.30pm. working on Sunday, sometime working on companies holiday. In the morning if late for just 2min manager will give lecture minimum 30 min. He will compare you with everyone no matter how your performance is. And specially if you are Muslim no break for namaz on fridays. no early leave in ramzan month. According to him if you are keeping roja then you have to manage your own. No mercy.

Skill development - Poor

+4 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Learning Culture is good Specially in Frnachise Department

Dislikes

Work timing over strict. Appraisal rate 5 to 8% No Bonus Sysytem Very Very Tough Incentive Policies worst Poor System of Back Office and Lengthy Procedure for all. Office open during National Holidays No family life

Salary - Poor

+5 more

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What people are saying about Motilal Oswal Financial Services

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blisteringlettuce

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 Sub Broker Salary FAQs

What is the salary of Sub Broker at Motilal Oswal Financial Services ?

The average salary of a Sub Broker at Motilal Oswal Financial Services in India typically ranges from ₹2.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Sub Broker at Motilal Oswal Financial Services earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Sub Broker 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 8 Motilal Oswal Financial Services employees in India.

What is the estimated take home salary of a Sub Broker at Motilal Oswal Financial Services in India?

The estimated take-home salary of a Sub Broker at Motilal Oswal Financial Services in India typically ranges from ₹45,029 to ₹46,120 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 1 year to 16 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 8 salaries received from various employees of Motilal Oswal Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Sub Broker in companies similar to Motilal Oswal Financial Services in India?

The salary of a Sub Broker at companies similar to Motilal Oswal Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sharekhan	₹1.2 Lakhs to ₹8.4 Lakhs per year
Nirmal Bang	₹3.0 Lakhs to ₹7.1 Lakhs per year
Angel One	₹1.5 Lakhs to ₹8.2 Lakhs per year
Swastika Investmart	₹3.5 Lakhs to ₹4.5 Lakhs per year
ICICI Securities	₹2.4 Lakhs to ₹5.1 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 Sub Broker at Motilal Oswal Financial Services in India?

The salary growth for a Sub Broker at Motilal Oswal Financial Services depends on factors such as experience, performance, and promotions. On average, a Sub Broker can expect the following growth trajectory at Motilal Oswal Financial Services:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹8.5 Lakhs per year
2 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Motilal Oswal Financial Services Sub Broker Salaries

Motilal Oswal Financial Services Sub Broker salary in India ranges between ₹2 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.