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Sharekhan Stock Broker salaries in India

Annual salary range
0 - 7 years exp.
₹2 Lakhs - ₹5.6 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.
Salary of majority employees
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61% more than the average Stock Broker Salary in Financial Services Companies for 0 - 7 years of experience

Interested in this particular role?

Last Updated: 4 Dec 2024

Companies similar to Sharekhan for Stock Broker

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Geojit Financial Services Stock Broker Salary

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Angel One Stock Broker Salary

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₹1 L/yr - ₹5 L/yr

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Stock Broker salary at Sharekhan ranges between ₹2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Sharekhan.

Latest annual salaries shared by Sharekhan Stock Broker

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4 years exp.
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Experience wise Sharekhan Stock Broker salaries

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹7.9 L/yr
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.8 L/yr
View all

Similar Designation salaries in Sharekhan

Sales Manager Salary
(10 salaries)
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₹3 L/yr - ₹9.5 L/yr
Branch Manager Salary
(59 salaries)
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₹5.05 L/yr - ₹14.25 L/yr
Team Lead Salary
(64 salaries)
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₹2.4 L/yr - ₹7 L/yr
Credit Manager Salary
(5 salaries)
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₹4 L/yr - ₹8.25 L/yr
Deputy Manager Salary
(47 salaries)
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₹4.5 L/yr - ₹12.5 L/yr
System Engineer Salary
(25 salaries)
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₹1.5 L/yr - ₹3 L/yr
Analyst Salary
(4 salaries)
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₹4.5 L/yr - ₹8 L/yr
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₹4 L/yr - ₹11.89 L/yr
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₹12 L/yr - ₹26 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Top skills at Sharekhan for Stock Broker

Stock Market Counselling Share Market Bse Trading

Salary related reviews for Sharekhan

2.0

Rated by 1 employees for salary & benefits

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
  • Skill development - Excellent
  • +4 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

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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  • Salary - Bad
  • +5 more

Group 487 Department

4.0
  •  posted on 12 Jul 2019

2.0
 for  Salary and Benefits

Likes

No matter it's a good brand, feel glad to work with this company. As it's my first company to join and overall learn successfully everything. I love to work with such a team they assist me and support me.

read more
  • Skill development - Good
  • +2 more

Dislikes

Compensation is not satisfied, growth is now low

  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Mar 2025

1.0
 for  Salary and Benefits

Likes

Worst culture please don't join. Sharekhan education and insurence is worst product they are scamming to customer and looting money from customer. And sharekhan brokege charges is very high. And very bad advice given to customer. Like they give a top to a perticular stock to buy so please don't buy stock perform doesn't well. They are forcing to employee sell dmat, cources, insurance and recovering brokerage.

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Dislikes

Worst people and dharampeth branch manger is very bad. Salary not giving in time. Very low incencentive if you your target ( Which is not achieved in life ) they give you rs 500 incentive after 4 month . Company culture is very bad. Please don't join this company. After mirea asset takeover company give lot of pressure and office close time don't know. They give you target and if target not completed than don't go home.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Good place to work, good office culture, proper login and logout is provided.seniors are also friendly nature.

  • Skill development - Good
  • +4 more

Dislikes

...ound 3.5 years but still they never promoted to senior executive from executive. Salary ncrement is also quite low.

read more
  • Promotions - Poor
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Sharekhan Stock Broker Salary FAQs

What is the salary of Stock Broker at Sharekhan ?
The average salary of a Stock Broker at Sharekhan in India typically ranges from ₹2.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Stock Broker at Sharekhan earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Stock Broker Salaries at Sharekhan 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 6 Sharekhan employees in India.
What is the estimated take home salary of a Stock Broker at Sharekhan in India?
The estimated take-home salary of a Stock Broker at Sharekhan in India typically ranges from ₹35,522 to ₹36,754 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 salaries received from various employees of Sharekhan. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Stock Broker at Sharekhan ?
To be a Stock Broker at Sharekhan in india, the key skills required include:

  • - Stock Market
  • - Counselling
  • - Share Market
  • - Bse
  • - Trading

These skills are highly valued at Sharekhan and are crucial for successful performance in a Software Engineering role.
What is the salary of a Stock Broker in companies similar to Sharekhan in India?
The salary of a Stock Broker at companies similar to Sharekhan in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Geojit Financial Services ₹2.5 Lakhs to ₹5.9 Lakhs per year
Angel One ₹1.0 Lakhs to ₹5.0 Lakhs per year
Religare ₹2.1 Lakhs to ₹4.8 Lakhs per year
Motilal Oswal Financial Services ₹2.4 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal ₹1.2 Lakhs to ₹3.6 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 Stock Broker at Sharekhan in India?
The salary growth for a Stock Broker at Sharekhan depends on factors such as experience, performance, and promotions. On average, a Stock Broker can expect the following growth trajectory at Sharekhan:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹7.0 Lakhs per year
1 year ₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years ₹2.2 Lakhs to ₹7.9 Lakhs per year
3 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
and so on.

Tell us how to improve this page.

Sharekhan Stock Broker salary in India ranges between ₹2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Sharekhan latest salaries received from various employees of Sharekhan.