Nirmal Bang Institutional Equities Equity Research Associate Salaries by 6 Employees (Updated 2025)

0 - 6 years exp.

₹9 Lakhs - ₹12 Lakhs

Salary of majority employees

18% less than the average Equity Research Associate Salary for 0 - 6 years of experience

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Last Updated: 7 Aug 2024

Companies similar to Nirmal Bang Institutional Equities for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (37 salaries)	₹22 L/yr - ₹45 L/yr 278% more	2 job openings
Cognizant Equity Research Associate Salary 4 - 14 years exp. (4 salaries)	₹7.4 L/yr - ₹30 L/yr 70% more
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Zacks Research Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹2 L/yr - ₹5 L/yr 61% less
Evalueserve Equity Research Associate Salary 1 - 3 years exp. (23 salaries)	₹7 L/yr - ₹10.5 L/yr 10% less
Elara Capital Equity Research Associate Salary 1 - 7 years exp. (20 salaries)	₹8.4 L/yr - ₹19 L/yr 22% more

Equity Research Associate salary at Nirmal Bang Institutional Equities ranges between ₹9 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Nirmal Bang Institutional Equities.

Experience wise Nirmal Bang Institutional Equities Equity Research Associate salaries

Last Updated: 7 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.8 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹10.8 L/yr - ₹20.6 L/yr
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2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.9 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
5 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.3 L/yr

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Similar Designation salaries in Nirmal Bang Institutional Equities

Research Associate Salary

(5 salaries)

₹6 L/yr - ₹12 L/yr

Senior Research Analyst Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Nirmal Bang Institutional Equities Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Nirmal Bang Institutional Equities?

Equity Research Associate salary at Nirmal Bang Institutional Equities in India ranges between ₹9.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 18% less than the average Equity Research Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Nirmal Bang Institutional Equities India.

How does the salary of a Equity Research Associate at Nirmal Bang Institutional Equities India compare with the average salary range for this job?

The average salary of a Equity Research Associate at Nirmal Bang Institutional Equities is 18% 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 Nirmal Bang Institutional Equities to a Equity Research Associate in India?

JPMorgan Chase & Co. Equity Research Associate Salary - ₹22.0 Lakhs to ₹45.0 Lakhs per year
Cognizant Equity Research Associate Salary - ₹7.4 Lakhs to ₹30.0 Lakhs per year
Elara Capital Equity Research Associate Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year

What is the salary of a Equity Research Associate in companies similar to Nirmal Bang Institutional Equities in India?

Evalueserve Equity Research Associate Salary - ₹7.0 Lakhs to ₹10.5 Lakhs per year
Zacks Research Equity Research Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at Nirmal Bang Institutional Equities in India?

The estimated take-home salary of a Equity Research Associate at Nirmal Bang Institutional Equities ranges between ₹75,303 per month to ₹77,253 per month in India. The take-home salary calculation is based on the average Nirmal Bang Institutional Equities Equity Research Associate salary in India which ranges between ₹9.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Nirmal Bang Institutional Equities?

According to AmbitionBox, 100% of the Nirmal Bang Institutional Equities Equity Research Associates reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Nirmal Bang Institutional Equities Equity Research Associate Salaries

Nirmal Bang Institutional Equities Equity Research Associate salary in India ranges between ₹9 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Nirmal Bang Institutional Equities latest salaries received from various employees of Nirmal Bang Institutional Equities.

Nirmal Bang Institutional Equities Equity Research Associate salaries in India