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3.9

based on 1.1k Reviews

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Sharekhan State Head salaries in India

Annual salary range
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₹19.2 Lakhs - ₹24.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
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Salaries in different departments

BFSI, Investments & Trading
State Head Salary
15 years exp. (AmbitionBox Estimate)
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₹16.9 L/yr - ₹20.6 L/yr

Marketing & Communication
State Head Salary
15 years exp. (AmbitionBox Estimate)
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₹21.6 L/yr - ₹26.4 L/yr

Last Updated: 13 Dec 2024

Companies similar to Sharekhan for State Head

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HDFC Securities State Head Salary

17 - 21 years exp. (4 salaries)

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₹18 L/yr - ₹24.9 L/yr

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Kotak Securities State Head Salary

5 - 17 years exp. (8 salaries)

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₹6.5 L/yr - ₹15 L/yr

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Motilal Oswal State Head Salary

16 - 20 years exp. (3 salaries)

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₹26 L/yr - ₹27 L/yr

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Edelweiss State Head Salary

15 - 17 years exp. (4 salaries)

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₹10.3 L/yr - ₹13 L/yr

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MAS Financial Services State Head Salary

8 - 24 years exp. (23 salaries)

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₹12.5 L/yr - ₹21 L/yr

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1 job opening
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ICICI Securities State Head Salary

11 - 18 years exp. (14 salaries)

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₹11.9 L/yr - ₹17 L/yr

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Shriram Housing Finance State Head Salary

18 - 21 years exp. (5 salaries)

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₹20 L/yr - ₹42 L/yr

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Bajaj Finserv State Head Salary

7 - 14 years exp. (5 salaries)

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₹9.7 L/yr - ₹19 L/yr

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JM Financial State Head Salary

13 - 22 years exp. (5 salaries)

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₹16.3 L/yr - ₹19 L/yr

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Aditya Birla Capital State Head Salary

9 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹19 L/yr

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Muthoot Group State Head Salary

4 - 13 years exp. (4 salaries)

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₹4.5 L/yr - ₹10 L/yr

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₹7.2 L/yr - ₹22 L/yr

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State Head salary at Sharekhan ranges between ₹19.2 Lakhs to ₹24.6 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 2 latest salaries received from various employees of Sharekhan.

Similar Designation salaries in Sharekhan

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₹2 L/yr - ₹9.9 L/yr
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₹2 L/yr - ₹3.5 L/yr
Sales Executive Salary
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₹1.5 L/yr - ₹4.33 L/yr
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₹4.2 L/yr - ₹14.3 L/yr
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₹4.5 L/yr - ₹11 L/yr
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₹6.25 L/yr - ₹8.4 L/yr
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₹3.85 L/yr - ₹8.75 L/yr
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₹4.6 L/yr - ₹14 L/yr
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₹3.5 L/yr - ₹14 L/yr

Salary related reviews for Sharekhan

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 13 Jan 2024

4.0
 for  Salary and Benefits

Likes

Feel proud till 2020 dec after that many changes and after 2021 accountability only bottom team only

Dislikes

Keep on changing kra what they higher possition required.. 20k salary people sells same products same pressure and salary 50k or 100k also same

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Apr 2022

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good salary hike and bonus every year

read more

Dislikes

There is a lot of politics and the management doesn't address our issues

Full Time

 · 

Commodity Department

4.0
  •  posted on 04 Sep 2021

3.0
 for  Salary and Benefits

Likes

Good company to work. Salaries are low. Work pressure is high due to less staff but still tolerable. Less target pressures. Some seniors are supportive, some not. Good client base provided with regular new accounts addition from sales. Jobs are relatively safe, just keep doing efforts. Sharekhan gets good leads and good business due to this good incentives and yearly bonus can be made. 25 mandatory leaves in a year. One can definitely go and join without thinking twice. This could be a long term job you don't want to leave.

read more

Dislikes

...ine increments for chamchas. New joinees get higher salaries than old employees. Salary difference in senior post and junior post is high. Client meetings pressure will be there if you are in sales but definitely it leads to business generation.

read more

Sales Department

3.0
  •  posted on 04 Feb 2022

3.0
 for  Salary and Benefits

Likes

I liked that the Salary was on time.

Dislikes

Their is too much pressure for account and funds for a fresher like me. Very much pressure. I am not a fresher that I will have many sources for accounts. Don't join this .

read more

Stock dealing Department

1.0
  •  posted on 22 Oct 2022

1.0
 for  Salary and Benefits

Likes

For initial exposure looking at stable and safe job you can prefer this company but for other exposure you can't rely.

Dislikes

The list is long from work culture to salary and benefits to appraisal and promotions, nothing is good here. There is lot many politics in the company as the mid level managers seek to prefer only those who is reliable to them even if not to the company. They themselves have a feeling of insecurity and doesn't want to change the field they are playing on, since many years. So, when it comes to appointing someone for the post under them specifically for team leader or branch manager then they look out for person reliable to them even if he is not capable for the post. And this in turn cost to the image of the company and the end service to clients. Secondly, once you build up good rapot with group of clients, specifically HNI clients, you are forced to sell products to such clients which do not suit either their profile or preferences. Besides, such products are just for making or generating brokerages even at the cost of clients portfolios. Also, at regular intervals you will be asked to make clients purchase certain stocks which are of low fundamentals, as may higher level management make some insider settings with group of large investors to get their certain stocks offloaded to your HNI or semi HNI clients and these gets them certain cuts from such group of large investors or operators. And when there comes fall to such stocks top management ask their research team to make a fundamental report to justify the forced purchases of such stocks. And the worst case is, even if you achieve over and above targets of brokerage revenue and TPPs, they find there some ways to cut your incentives either in the name of policy changes for incentives or non completion of TPPs targets revised at near to end of the year, though you would have completed all TPPs targets laid before or at the beginning of the year. So, only if you are trustworthy to mid level managers you get everything. Even if you won't work your upper level managers make it for you. You should have quality of being trustworthy to these managers to remain safe and secure to your job. Low Increment and late appraisal are two factors affecting for hard working employees. If you are hard working employees reliable to company you will be loaded with more work. In all there is no job satisfaction or skill development & environment is hectic.

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Sharekhan State Head Salary FAQs

What is the notice period for State Head at Sharekhan?
According to AmbitionBox, 100% of the Sharekhan State Heads reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Sharekhan State Head salary in India ranges between ₹19.2 Lakhs to ₹24.6 Lakhs. This is an estimate based on latest salaries received from employees of Sharekhan.