Nuvama Wealth and Investment Mumbai Associate Salaries by 10+ Employees (Updated 2025)

0 - 11 years exp.

₹3.2 Lakhs - ₹9.7 Lakhs

Salary of majority employees

39% less than the average Associate Salary for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 11 years exp. (6 salaries)	₹3.2 L/yr - ₹6.4 L/yr
BFSI, Investments & Trading Associate Salary 0 - 5 years exp. (4 salaries)	₹4.5 L/yr - ₹10 L/yr
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Customer Success, Service & Operations Associate Salary 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5 L/yr

Last Updated: 26 Feb 2025

Companies similar to Nuvama Wealth and Investment for Associate in Mumbai

Nuvama Wealth and Investment Associate Salary

0 - 11 years exp. (12 salaries)

₹3.2 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (341 salaries)	₹1.4 L/yr - ₹4.2 L/yr 50% less
HDFC Bank Associate Salary 0 - 6 years exp. (21 salaries)	₹1.9 L/yr - ₹7.8 L/yr 37% less
Login to view exact salary
ICICI Bank Associate Salary 0 - 6 years exp. (26 salaries)	₹1.4 L/yr - ₹4.9 L/yr 42% less
Axis Bank Associate Salary 0 - 8 years exp. (17 salaries)	₹2.1 L/yr - ₹5 L/yr 29% less
Bajaj Finserv Associate Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹2.9 L/yr 46% less
PwC Associate Salary 0 - 8 years exp. (1.6k salaries)	₹5.8 L/yr - ₹19 L/yr 142% more	216 job openings
Wipro Associate Salary 0 - 5 years exp. (1.2k salaries)	₹0.9 L/yr - ₹4.5 L/yr 42% less	9 job openings
Accenture Associate Salary 0 - 7 years exp. (816 salaries)	₹1 L/yr - ₹8.5 L/yr 21% less	84 job openings
TCS Associate Salary 0 - 9 years exp. (707 salaries)	₹1 L/yr - ₹6 L/yr 27% less
Ernst & Young Associate Salary 0 - 7 years exp. (307 salaries)	₹10.1 L/yr - ₹20 L/yr 141% more	29 job openings
Edelweiss Associate Salary 0 - 7 years exp. (259 salaries)	₹3 L/yr - ₹12 L/yr 45% more
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Tech Mahindra Associate Salary 0 - 6 years exp. (186 salaries)	₹1.2 L/yr - ₹8 L/yr 34% less
Capgemini Associate Salary 0 - 5 years exp. (90 salaries)	₹1 L/yr - ₹7 L/yr 24% less
Amazon Associate Salary 0 - 7 years exp. (77 salaries)	₹0.8 L/yr - ₹8 L/yr 31% less	27 job openings
Teleperformance Associate Salary 0 - 6 years exp. (61 salaries)	₹1.6 L/yr - ₹5.8 L/yr 41% less
Deloitte Associate Salary 0 - 5 years exp. (40 salaries)	₹5.4 L/yr - ₹13.5 L/yr 68% more
ICICI Securities Associate Salary 1 - 15 years exp. (25 salaries)	₹5 L/yr - ₹20.3 L/yr 129% more
LTIMindtree Associate Salary 1 - 6 years exp. (19 salaries)	₹2 L/yr - ₹6 L/yr 7% less
Aditya Birla Capital Associate Salary 0 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹6 L/yr 24% less
Motilal Oswal Financial Services Associate Salary 0 - 4 years exp. (9 salaries)	₹2.5 L/yr - ₹3.7 L/yr 29% less

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Associate salary at Nuvama Wealth and Investment ranges between ₹3.2 Lakhs to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 12 latest salaries received from various employees of Nuvama Wealth and Investment.

Experience wise Nuvama Wealth and Investment Associate salaries in Mumbai

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.2 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹9.5 L/yr
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2 years (3 salaries)	₹4.5 L/yr - ₹7.5 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.2 L/yr

View all

Similar Designation salaries in Nuvama Wealth and Investment

Software Developer Salary

(5 salaries)

₹12 L/yr - ₹15.6 L/yr

Software Engineer Salary

(3 salaries)

₹2.34 L/yr - ₹6 L/yr

Senior Associate Salary

(3 salaries)

₹4.7 L/yr - ₹20 L/yr

Salary related reviews for Nuvama Wealth and Investment

3.0

Rated by 1 employees for salary & benefits

Relationship Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Aug 2024

4.0

for Salary and Benefits

Likes

I feel the likable part of this company is that it tries hard to maintain with the competitive salary structure with it's fellow companies. Although the USP of this company is the L&D trainings/runway sessions.

Salary - Good

+1 more

Dislikes

There's a constant environment of judgments over the numbers made for the company. More and more is expected by the executives and the perception of the few managers are intolerant sometimes.

Skill development - Poor

+2 more

Relationship Manager in Cuttack

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 May 2024

2.0

for Salary and Benefits

Likes

Nothing it is a complete sales job the target is 4x to 8x of your annual package branch manager and regional manager have also sales so don't recommend for freshers

Dislikes

Everything no supportive staff work culture is terrible you don't recommended

Salary - Poor

+6 more

Manager Hrbp in Mumbai

Full Time

Human Resources Department

2.0

• posted on 16 Feb 2024

1.0

for Salary and Benefits

Likes

The company is a bad place They don't respect their employees and few managers feel like they rule the place. If HR team feels like this, can't imagine other employees life. Don't fall for anything they tell you before joining

Dislikes

No work life balance, no policies to support employees, no respect to employees who work here, environment is insecure. They don't even care. They lied about work during interview, scope of work is entire different.

Salary - Bad

+6 more

Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 05 Sep 2024

4.0

for Salary and Benefits

Likes

Incentive are good and they have half Yearly Appraisal wala concept

Salary - Good

+1 more

Dislikes

They don’t have customer base and whatever customer having only in BM will take care so that he can justify his salary 3X to 6 X.. I will never recommend any professionals who all banking sectors to Join nuvama..if someone joining then it’s like to playing with fire. There demand is only life insurance

Job security - Bad

+3 more

Senior Privileged Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Dec 2024

4.0

for Salary and Benefits

Likes

An absolutely stunning experience with Nuvama Wealth. Everything is just amazing in every aspects. Multiple support functions to help you grow and excel in your journey. Even the CEO is as approachable as your reporting manager.

Salary - Good

+6 more

Dislikes

The only issue with organisation is they do not provide the existing client portfolio unless you’re an immediate relative or close enough of the management (Regional Head/Zonal Head).

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Nuvama Wealth and Investment Associate Salary FAQs

What is the salary of Associate at Nuvama Wealth and Investment Mumbai?

Associate salary at Nuvama Wealth and Investment in Mumbai ranges between ₹3.2 Lakhs to ₹9.7 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 39% less than the average Associate Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Nuvama Wealth and Investment Mumbai.

How does the salary of a Associate at Nuvama Wealth and Investment Mumbai compare with the average salary range for this job?

The average salary of a Associate at Nuvama Wealth and Investment is 39% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Nuvama Wealth and Investment to a Associate in Mumbai?

PwC Associate Salary - ₹5.8 Lakhs to ₹19.0 Lakhs per year
Ernst & Young Associate Salary - ₹10.1 Lakhs to ₹20.0 Lakhs per year
ICICI Securities Associate Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
Deloitte Associate Salary - ₹5.4 Lakhs to ₹13.5 Lakhs per year
Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Associate in companies similar to Nuvama Wealth and Investment in Mumbai?

IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
IBM Associate Salary - ₹2.2 Lakhs to ₹6.7 Lakhs per year
LTIMindtree Associate Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Accenture Associate Salary - ₹1.0 Lakhs to ₹8.5 Lakhs per year
Aditya Birla Capital Associate Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Associate at Nuvama Wealth and Investment in Mumbai?

The estimated take-home salary of a Associate at Nuvama Wealth and Investment ranges between ₹37,201 per month to ₹38,408 per month in Mumbai. The take-home salary calculation is based on the average Nuvama Wealth and Investment Associate salary in India which ranges between ₹3.2 Lakhs to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Associate at Nuvama Wealth and Investment in Mumbai?

According to AmbitionBox, 43% of the Nuvama Wealth and Investment Associates in Mumbai reported a notice period of 1 Month, 36% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Nuvama Wealth and Investment Associate Salaries in Mumbai

Nuvama Wealth and Investment Associate salary in Mumbai ranges between ₹3.2 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Nuvama Wealth and Investment latest salaries received from various employees of Nuvama Wealth and Investment.

Nuvama Wealth and Investment Associate salaries in Mumbai (Updated 2025)

Companies similar to Nuvama Wealth and Investment for Associate in Mumbai

Latest annual salaries shared by Nuvama Wealth and Investment Associate in Mumbai

Experience wise Nuvama Wealth and Investment Associate salaries in Mumbai

Similar Designation salaries in Nuvama Wealth and Investment

Salary related reviews for Nuvama Wealth and Investment

Relationship Wealth Manager in Bangalore / Bengaluru

Relationship Manager in Cuttack

Manager Hrbp in Mumbai

Manager in Lucknow

Senior Privileged Relationship Manager in New Delhi

Nuvama Wealth and Investment Associate Salary FAQs

Tell us how to improve this page.