National Stock Exchange of India Mumbai Associate Salaries by 10+ Employees

1 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr
Finance & Accounting Associate Salary 2 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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BFSI, Investments & Trading Associate Salary 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.3 L/yr

Last Updated: 7 Nov 2024

Companies similar to National Stock Exchange of India for Associate in Mumbai

National Stock Exchange of India Associate Salary

1 - 5 years exp. (12 salaries)

₹2 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Associate Salary 5 - 11 years exp. (147 salaries)	₹9.9 L/yr - ₹36 L/yr 462% more	1 job opening
TresVista Associate Salary 1 - 5 years exp. (86 salaries)	₹9 L/yr - ₹26 L/yr 359% more	4 job openings
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ICICI Home Finance Associate Salary 1 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹5.5 L/yr 10% less
CSC Associate Salary 1 - 5 years exp. (37 salaries)	₹3 L/yr - ₹8.3 L/yr 50% more
Ocwen Financial Solutions Associate Salary 1 - 6 years exp. (37 salaries)	₹1.9 L/yr - ₹5 L/yr 4% more
Morningstar Associate Salary 0 - 3 years exp. (17 salaries)	₹3.6 L/yr - ₹9.3 L/yr 29% more	2 job openings
Kroll Associate Salary 1 - 5 years exp. (9 salaries)	₹6.5 L/yr - ₹12 L/yr 169% more
Kotak Securities Associate Salary 0 - 4 years exp. (9 salaries)	₹1.4 L/yr - ₹3.5 L/yr 30% less
SBI Mutual Fund Associate Salary 1 - 5 years exp. (6 salaries)	₹8.1 L/yr - ₹15 L/yr 123% more
Nirmal Bang Associate Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 21% more

Associate salary at National Stock Exchange of India ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 12 latest salaries received from various employees of National Stock Exchange of India.

Experience wise National Stock Exchange of India Associate salaries in Mumbai

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
2 years (4 salaries)	₹2.1 L/yr - ₹6.5 L/yr
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3 years (3 salaries)	₹2.5 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in National Stock Exchange of India

Senior Associate Salary

(7 salaries)

₹3.8 L/yr - ₹5.21 L/yr

Technical Lead Salary

(6 salaries)

₹11.5 L/yr - ₹20.5 L/yr

Java Developer Salary

(5 salaries)

₹7.5 L/yr - ₹9 L/yr

System Engineer Salary

(4 salaries)

₹6.4 L/yr - ₹10.5 L/yr

Senior Engineer Salary

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₹5.5 L/yr - ₹6.4 L/yr

Salary related reviews for National Stock Exchange of India

Manager in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 30 Dec 2023

4.0

for Salary and Benefits

Likes

Organisation benefits and variable pay outs. Festival celebrations Swc team is active. Brand value

Salary - Good

+1 more

Dislikes

NSE as an organisation is good but people in the organisation do not deserve because of the senior management having verbal dishorrea. No work from home allowed for leaves u hv to beg and justify badly

Skill development - Bad

+3 more

NETWORK ENGINEER L2 - NSE DC BKC FOR CXIO in Mumbai

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

1.INSURANCE FOR YOU AND FAMILY. 2.TEAM ENVIRONMENT IS GOOD.

Job security - Good

Dislikes

1.NO WORK-LIFE BALANCE 2.NO PERK INERMS OF SALARY, PROMOTION 3.NO OFFICE CULTURE. 4. NO PROFESSIONALISM 5.LOT OF ESCLATION WITHOUT ANY REASON. 6.

Salary - Poor

+4 more

Junior Engineer (DevOps) in Mumbai

Full Time

IT & Information Security Department

2.0

• posted on 21 Oct 2024

2.0

for Salary and Benefits

Likes

Little bit job security and On time Salary..this is the only good thing

Dislikes

so many things...worst managers,worst management,poor work life balance especially if you are in NSE project.Very less appraisal,favouritism done by managers,lot of office politics,gossips.Not good projects.

Salary - Poor

+5 more

Deputy Manager in Mumbai

Finance & Accounting Department

4.0

• posted on 09 Jun 2022

4.0

for Salary and Benefits

Likes

...icies have been significantly improved. Good work life balance and job security. Good salary hike from last 2 years including market correction. There is gaming area to relax after and between working hours.

Salary - Good

+4 more

Dislikes

Slow growth compared to MNCs. Hierarchy is too long. There is no meetings with HR to address issues periodically

System Analyst in Mumbai

Project & Program Management Department

1.0

• posted on 23 Jun 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

Dislikes

There is a lot of politics in this organization . Salary is very poor. There is a bond of 2 years and notice period of 3 months . No job training is given . You can get promoted or get good appraisal only if you know politics and know how to steal credit of junior level employees . Won't recommend to anyone looking for a technical level role in this organization.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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National Stock Exchange of India Associate Salary FAQs

What is the salary of Associate at National Stock Exchange of India in Mumbai?

The average salary of a Associate at National Stock Exchange of India in Mumbai typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Associate in Mumbai at National Stock Exchange of India earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Associate Salaries at National Stock Exchange of India 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 10+ National Stock Exchange of India employees in India.

What is the estimated take home salary of a Associate at National Stock Exchange of India in Mumbai?

The estimated take-home salary of a Associate at National Stock Exchange of India in Mumbai typically ranges from ₹28,448 to ₹29,835 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10+ salaries received from various employees of National Stock Exchange of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than National Stock Exchange of India for Associate in India?

TIAA Global Business Services	₹9.9 Lakhs to ₹36.0 Lakhs per year
TresVista	₹9.0 Lakhs to ₹26.0 Lakhs per year
Kroll	₹6.5 Lakhs to ₹12.0 Lakhs per year
SBI Mutual Fund	₹8.1 Lakhs to ₹15.0 Lakhs per year
CSC	₹3.0 Lakhs to ₹8.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by National Stock Exchange of India, depending on the role and experience level.

What is the salary of a Associate in companies similar to National Stock Exchange of India in Mumbai?

The salary of a Associate at companies similar to National Stock Exchange of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morningstar	₹3.6 Lakhs to ₹9.3 Lakhs per year
Nirmal Bang	₹3.0 Lakhs to ₹8.0 Lakhs per year
Ocwen Financial Solutions	₹1.9 Lakhs to ₹5.0 Lakhs per year
ICICI Home Finance	₹1.8 Lakhs to ₹5.5 Lakhs per year
Kotak Securities	₹1.4 Lakhs to ₹3.5 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 Associate at National Stock Exchange of India in Mumbai?

The salary growth for a Associate at National Stock Exchange of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at National Stock Exchange of India:

Experience	Average Salary Range
1 year	₹3.1 Lakhs to ₹3.9 Lakhs per year
2 years	₹2.1 Lakhs to ₹6.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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National Stock Exchange of India Associate Salaries in Mumbai

National Stock Exchange of India Associate salary in Mumbai ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 National Stock Exchange of India latest salaries received from various employees of National Stock Exchange of India.