Nirmal Bang Mumbai Research Associate Salaries by 10+ Employees (Updated 2025)

0 - 3 years exp.

₹5 Lakhs - ₹12 Lakhs

Salary of majority employees

63% more than the average Research Associate Salary in Financial Services Companies for 0 - 3 years of experience

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Last Updated: 15 Apr 2023

Companies similar to Nirmal Bang for Research Associate in Mumbai

Nirmal Bang Research Associate Salary

0 - 3 years exp. (11 salaries)

₹5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Research Associate Salary 2 - 5 years exp. (4 salaries)	₹10 L/yr - ₹13.5 L/yr 45% more
Edelweiss Research Associate Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 11% less
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ICICI Securities Research Associate Salary 3 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹17.3 L/yr 97% more
HDFC Securities Research Associate Salary 3 - 6 years exp. (6 salaries)	₹9 L/yr - ₹23 L/yr 78% more
Morningstar Research Associate Salary 0 - 5 years exp. (364 salaries)	₹2.6 L/yr - ₹8 L/yr 30% less
Ocwen Financial Solutions Research Associate Salary 0 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr 61% less
Axis Direct Research Associate Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 18% less
Franklin Templeton Investments Research Associate Salary 1 - 6 years exp. (3 salaries)	₹20 L/yr - ₹28 L/yr 184% more

Research Associate salary at Nirmal Bang ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 11 latest salaries received from various employees of Nirmal Bang.

Experience wise Nirmal Bang Research Associate salaries in Mumbai

Last Updated: 15 Apr 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹14 L/yr
1 year (3 salaries)	₹6 L/yr - ₹8 L/yr
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2 years (4 salaries)	₹5 L/yr - ₹12 L/yr
3 years (3 salaries)	₹6 L/yr - ₹10.5 L/yr

Similar Designation salaries in Nirmal Bang

Software Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹5.7 L/yr

Research Analyst Salary

(4 salaries)

₹4 L/yr - ₹9.5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹8 L/yr - ₹12.1 L/yr

Software Developer Salary

(3 salaries)

₹1.4 L/yr - ₹3.9 L/yr

Top skills at Nirmal Bang for Research Associate

Equity Research

Salary related reviews for Nirmal Bang

Settlement Department in Malad

Full Time

Other Department

3.0

• posted on 31 Aug 2022

3.0

for Salary and Benefits

Likes

NirmalBang Securities Private Limited is Renowned name in Share Broking Industry.

Dislikes

No bonus at Diwali. Others enjoying Diwali Festival & we not. Company management should think about this, atleast some lumpsome amount must be credited to employees account.

Executive in Malad

Kyc Department

4.0

• posted on 18 Oct 2021

2.0

for Salary and Benefits

Likes

Growth, Opportunity, Work Satisfaction, Manager and HOD appreciation, Healthy culture without Politics and Job Security plus company giving health insurance. HOD also supportive in work as well as in trainning, learning and doing something. If stuck he is ready to work with you on your desk for hours which means giving full attention etc. All seniors are very polite. Transport reimbursement. If anyone is not doing anything extra to learn them teaching them with the advantages and disadvantages. HOD always trying to give more more and more in terms of knowledge.

Skill development - Excellent

+5 more

Dislikes

Low salary in comparison with other companies in same industry, otherwise large size canteen, proper desk, system and HOD support to each and everyone.

Salary - Poor

Executive

Franchise servicing Department

5.0

• posted on 05 Sep 2018

5.0

for Salary and Benefits

Likes

All teammates are friendly and helpful job duties are perfect and security too is perfect I miss all these would like to get a chance to rejoice this company

Salary - Excellent

+6 more

Dislikes

There's nothing to dislike about coz all's good there

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Nirmal Bang Research Associate Salary FAQs

What is the salary of Research Associate at Nirmal Bang Mumbai?

Research Associate salary at Nirmal Bang in Mumbai ranges between ₹5.0 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 63% more than the average Research Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Nirmal Bang Mumbai.

How does the salary of a Research Associate at Nirmal Bang Mumbai compare with the average salary range for this job?

The average salary of a Research Associate at Nirmal Bang is 63% more than the average salary of a Research Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Research Associate at Nirmal Bang?

Equity Research is a popular skill required to work as a Research Associate at Nirmal Bang.

Which similar companies are paying more than Nirmal Bang to a Research Associate in Mumbai?

Franklin Templeton Investments Research Associate Salary - ₹20.0 Lakhs to ₹28.0 Lakhs per year
ICICI Securities Research Associate Salary - ₹14.5 Lakhs to ₹17.3 Lakhs per year
HDFC Securities Research Associate Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Motilal Oswal Financial Services Research Associate Salary - ₹10.0 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Research Associate in companies similar to Nirmal Bang in Mumbai?

Edelweiss Research Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
Axis Direct Research Associate Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Morningstar Research Associate Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
Ocwen Financial Solutions Research Associate Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Research Associate at Nirmal Bang in Mumbai?

The estimated take-home salary of a Research Associate at Nirmal Bang ranges between ₹59,614 per month to ₹61,119 per month in Mumbai. The take-home salary calculation is based on the average Nirmal Bang Research Associate salary in India which ranges between ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Research Associate at Nirmal Bang in Mumbai?

According to AmbitionBox, 100% of the Nirmal Bang Research Associates in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Nirmal Bang Research Associate Salaries in Mumbai

Nirmal Bang Research Associate salary in Mumbai ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Nirmal Bang latest salaries received from various employees of Nirmal Bang.