NCDEX Associate Salaries by 5 Employees

3 - 15 years exp.

₹3.6 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Associate Salary in Financial Services Companies for 3 - 15 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Associate Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.9 L/yr
BFSI, Investments & Trading Associate Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Data Science & Analytics Associate Salary 4 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.4 L/yr

Last Updated: 21 Aug 2024

Companies similar to NCDEX for Associate

Company name	Avg Annual Salary	Open Jobs
Interactive Brokers Associate Salary 0 - 7 years exp. (70 salaries)	₹5.5 L/yr - ₹9 L/yr 7% more	2 job openings
Finicity Associate Salary 1 - 10 years exp. (34 salaries)	₹2.7 L/yr - ₹4 L/yr 51% less
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Preqin Associate Salary 1 - 5 years exp. (24 salaries)	₹4.7 L/yr - ₹18.6 L/yr 65% more
DataTracks Associate Salary 0 - 3 years exp. (20 salaries)	₹1.5 L/yr - ₹2.2 L/yr 72% less
ICRA Associate Salary 0 - 10 years exp. (15 salaries)	₹2.1 L/yr - ₹5 L/yr 51% less
Sumitomo Mitsui Banking Corporation Associate Salary 0 - 11 years exp. (11 salaries)	₹7 L/yr - ₹14 L/yr 38% more
Teamspace Financial Services Associate Salary 1 - 6 years exp. (10 salaries)	₹0.2 L/yr - ₹3.4 L/yr 70% less
Oxyzo Financial Services Associate Salary 2 years exp. (7 salaries)	₹4 L/yr - ₹4.8 L/yr 39% less
CME Group Associate Salary 2 - 8 years exp. (6 salaries)	₹20 L/yr - ₹36 L/yr 291% more
SBI Payment Services Associate Salary 1 - 4 years exp. (6 salaries)	₹1.1 L/yr - ₹3 L/yr 72% less
Toyota Financial Services Associate Salary 3 - 9 years exp. (6 salaries)	₹3 L/yr - ₹3.7 L/yr 51% less
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ICICI Direct Associate Salary 2 - 5 years exp. (5 salaries)	₹1 L/yr - ₹2.4 L/yr 71% less
PhillipCapital Associate Salary 0 - 16 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 51% less
Biz 2 Credit Info Services Associate Salary 2 - 5 years exp. (5 salaries)	₹5 L/yr - ₹7.4 L/yr 14% less
Samunnati Financial Intermediation and Services Associate Salary 1 - 4 years exp. (5 salaries)	₹8 L/yr - ₹10.5 L/yr 35% more
Fexprime Finance Associate Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹6.5 L/yr 46% less
Stock Holding Corporation of India Associate Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹5.5 L/yr 47% less
NASDAQ Associate Salary 5 - 8 years exp. (3 salaries)	₹23 L/yr - ₹36 L/yr 374% more
Purnartha Investment Advisors Associate Salary 0 - 7 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 19% less

Associate salary at NCDEX ranges between ₹3.6 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of NCDEX.

Experience wise NCDEX Associate salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
11 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
15+ years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

View all

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Salary related reviews for NCDEX

5.0

Rated by 2 employees for salary & benefits

Assistant Manager in Nagpur

Full Time

Engineering - Software & QA Department

4.0

• posted on 11 Jul 2023

4.0

for Salary and Benefits

Likes

good working culture you can contact anytime with your supervisor and they will help you to resolve your issue.

Salary - Good

+5 more

Dislikes

The existing people having more experience in same organisation they don't want to change related to application performance and enhancement suggestions provided by new people or some new members

Work-life balance - Poor

Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Sep 2020

1.0

for Salary and Benefits

Likes

Too much of work load with over working period. No growth, no appreciation, no work satisfaction.

Dislikes

Lot of politics and no proper management. No career growth, no increment, no appreciation. Only keep on working 24/7 without tiring. Worst experience ever.

Salary - Bad

+6 more

Vice President Operations in Navi Mumbai

Full Time

Legal & Regulatory Department

3.0

• posted on 03 Nov 2024

3.0

for Salary and Benefits

Likes

Earlier during Chairman and MD Mr. Ravikumar the Exchange was having a very open work culture and he openly used to ask each employee personally on any issues faced with reporting authorities and any other departments. Currently the political atmosphere has taken over and wooing your superior without openly discussing the problem is prevalent which is not a good sign as it induces fear and job dissatisfaction on honest employees. Now entire culture has become political.

Dislikes

Politics are at the helm and they target individuals who are honest and upright in openly criticizing the wrong doers or who are straight forward and fearless in portraying to the management about any process which are not properly managed.

Skill development - Poor

+3 more

Management Trainee (working remotely)

Business Development Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Friendly and supportive reporting managers and co-workers. They listen to the problems we face and provide proper guidance

Dislikes

Frequent and lengthy meetings and lot of meetings in a particular day which can be optimized further. The role involves extensive travelling, proper transportation facilities should be provided or arranged

Work satisfaction - Bad

+1 more

Westrn India Head Of Products Promotion & Business De . in Head Office -mumbai, Branch Office - C.G (Raipur)

Other Department

5.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

Job security was also pivotal because we need to learn n get the work done as per own dicision n work culture as well has a significant aspect of being success Iim your Jo naam

Salary - Excellent

+5 more

Dislikes

Nothing special I had that I dislike as from a junior trainee going to level up n up is something self explanatory.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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NCDEX Associate Salary FAQs

What is the salary of Associate at NCDEX ?

The average salary of a Associate at NCDEX in India typically ranges from ₹3.6 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Associate at NCDEX earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Associate Salaries at NCDEX 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 5 NCDEX employees in India.

What is the estimated take home salary of a Associate at NCDEX in India?

The estimated take-home salary of a Associate at NCDEX in India typically ranges from ₹51,052 to ₹52,256 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 5 salaries received from various employees of NCDEX. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NCDEX for Associate in India?

NASDAQ	₹23.0 Lakhs to ₹36.0 Lakhs per year
CME Group	₹20.0 Lakhs to ₹36.0 Lakhs per year
Preqin	₹4.7 Lakhs to ₹18.6 Lakhs per year
Sumitomo Mitsui Banking Corporation	₹7.0 Lakhs to ₹14.0 Lakhs per year
Samunnati Financial Intermediation and Services	₹8.0 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Associate in companies similar to NCDEX in India?

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

Interactive Brokers	₹5.5 Lakhs to ₹9.0 Lakhs per year
Biz 2 Credit Info Services	₹5.0 Lakhs to ₹7.4 Lakhs per year
Purnartha Investment Advisors	₹3.0 Lakhs to ₹8.0 Lakhs per year
Oxyzo Financial Services	₹4.0 Lakhs to ₹4.8 Lakhs per year
Fexprime Finance	₹2.0 Lakhs to ₹6.5 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 NCDEX in India?

The salary growth for a Associate at NCDEX depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at NCDEX:

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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NCDEX Associate Salaries

NCDEX Associate salary in India ranges between ₹3.6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 NCDEX latest salaries received from various employees of NCDEX.