Narnolia Financial Advisors Equity Research Associate Salaries by 8 Employees (Updated 2025)

1 - 5 years exp.

₹4.8 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

55% less than the average Equity Research Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 15 Sep 2023

Companies similar to Narnolia Financial Advisors for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 54% more
Edelweiss Equity Research Associate Salary 0 - 3 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 150% more
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IIFL Finance Equity Research Associate Salary 0 - 4 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 164% more
HDFC Securities Equity Research Associate Salary 0 - 5 years exp. (16 salaries)	₹7 L/yr - ₹29 L/yr 188% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 41% less
ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (16 salaries)	₹7 L/yr - ₹20 L/yr 136% more
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7 L/yr 15% more
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 46% more
PhillipCapital Equity Research Associate Salary 1 - 9 years exp. (12 salaries)	₹8 L/yr - ₹23 L/yr 184% more

Equity Research Associate salary at Narnolia Financial Advisors ranges between ₹4.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of Narnolia Financial Advisors.

Experience wise Narnolia Financial Advisors Equity Research Associate salaries

Last Updated: 15 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹10.3 L/yr
2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.4 L/yr
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3 years (3 salaries)	₹5.5 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr

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Salary related reviews for Narnolia Financial Advisors

Cluster Product Manager in Mumbai

Product Management Department

3.0

• posted on 27 May 2022

3.0

for Salary and Benefits

Likes

U can learn new things in this company and as per job security is average and company policy is also average not so high.

Dislikes

Management Pay scale Senior management Travelling policy If employees are doing good then also u will not make any increase in pay then how can employees will retain.

Work satisfaction - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Narnolia Financial Advisors Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Narnolia Financial Advisors?

Equity Research Associate salary at Narnolia Financial Advisors in India ranges between ₹4.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 55% less than the average Equity Research Associate Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Narnolia Financial Advisors India.

How does the salary of a Equity Research Associate at Narnolia Financial Advisors India compare with the average salary range for this job?

The average salary of a Equity Research Associate at Narnolia Financial Advisors is 55% less than the average salary of a Equity Research Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Narnolia Financial Advisors to a Equity Research Associate in India?

HDFC Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹29.0 Lakhs per year
PhillipCapital Equity Research Associate Salary - ₹8.0 Lakhs to ₹23.0 Lakhs per year
IIFL Finance Equity Research Associate Salary - ₹12.0 Lakhs to ₹20.0 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

What is the salary of a Equity Research Associate in companies similar to Narnolia Financial Advisors in India?

Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
Axis Direct Equity Research Associate Salary - ₹4.0 Lakhs to ₹7.0 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 Narnolia Financial Advisors in India?

The estimated take-home salary of a Equity Research Associate at Narnolia Financial Advisors ranges between ₹44,260 per month to ₹45,362 per month in India. The take-home salary calculation is based on the average Narnolia Financial Advisors Equity Research Associate salary in India which ranges between ₹4.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Narnolia Financial Advisors?

According to AmbitionBox, 100% of the Narnolia Financial Advisors Equity Research Associates reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Narnolia Financial Advisors Equity Research Associate Salaries

Narnolia Financial Advisors Equity Research Associate salary in India ranges between ₹4.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Narnolia Financial Advisors latest salaries received from various employees of Narnolia Financial Advisors.