Zerodha Associate Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Salary of majority employees

54% less than the average Associate Salary in FinTech Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 0 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹5 L/yr
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Sales & Business Development Associate Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 19 Feb 2025

Companies similar to Zerodha for Associate

Company name	Avg Annual Salary	Open Jobs
Upstox Associate Salary 3 - 8 years exp. (3 salaries)	₹5.2 L/yr - ₹15.5 L/yr 163% more
Groww Associate Salary 1 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 41% more
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5paisa Capital Ltd. Associate Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 27% less
Angel One Associate Salary 0 - 3 years exp. (21 salaries)	₹1.4 L/yr - ₹4.4 L/yr 13% less
Sharekhan Associate Salary 0 - 9 years exp. (14 salaries)	₹4.6 L/yr - ₹15.2 L/yr 156% more
ICICI Direct Associate Salary 2 - 5 years exp. (5 salaries)	₹1 L/yr - ₹2.4 L/yr 45% less
HDFC Securities Associate Salary 0 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr 19% less
Kotak Securities Associate Salary 0 - 3 years exp. (11 salaries)	₹1.4 L/yr - ₹3.5 L/yr 21% less
Motilal Oswal Associate Salary 1 - 7 years exp. (4 salaries)	₹4 L/yr - ₹40 L/yr 363% more
Edelweiss Associate Salary 0 - 7 years exp. (301 salaries)	₹2.1 L/yr - ₹10 L/yr 82% more
Paytm Associate Salary 0 - 6 years exp. (680 salaries)	₹1.2 L/yr - ₹6 L/yr 7% more	1 job opening
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Unimoni Associate Salary 1 - 9 years exp. (155 salaries)	₹2.1 L/yr - ₹6 L/yr 10% more
Western Union Associate Salary 3 - 8 years exp. (111 salaries)	₹8.4 L/yr - ₹21.5 L/yr 394% more
Saxo Bank Associate Salary 1 - 4 years exp. (62 salaries)	₹4.5 L/yr - ₹9.5 L/yr 92% more
Paytm Money Associate Salary 0 - 4 years exp. (30 salaries)	₹1 L/yr - ₹5 L/yr 12% less
UAE Exchange Associate Salary 1 - 11 years exp. (18 salaries)	₹2.2 L/yr - ₹5.1 L/yr 1% less
Razorpay Associate Salary 1 - 3 years exp. (18 salaries)	₹3.5 L/yr - ₹10.6 L/yr 98% more	1 job opening
HighRadius Associate Salary 0 - 2 years exp. (13 salaries)	₹7.9 L/yr - ₹9.6 L/yr 138% more
Bread Financial Associate Salary 1 - 5 years exp. (6 salaries)	₹2.9 L/yr - ₹4.8 L/yr 7% more
ACKO Associate Salary 1 - 5 years exp. (6 salaries)	₹3.9 L/yr - ₹5.2 L/yr 24% more

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Associate salary at Zerodha ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Zerodha.

Experience wise Zerodha Associate salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Zerodha

Senior Associate Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Team Lead Salary

(3 salaries)

₹18 L/yr - ₹44 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹95 L/yr - ₹105 L/yr

Software Engineer Salary

(5 salaries)

₹6.5 L/yr - ₹24 L/yr

Software Developer Salary

(7 salaries)

₹7 L/yr - ₹18.95 L/yr

Senior Software Engineer Salary

(8 salaries)

₹15 L/yr - ₹35 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Zerodha

Field Executive in Hyderabad / Secunderabad

Consulting Department

5.0

• posted on 19 Jan 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive. Company gives good salary and bonuses every year. But job security is not there in this company, why because recently they removed logistics department without intimation to us they removed all the employees in this department which is very shocking and disappointing to us. of course they paid 2 months salary as compensation.

Salary - Excellent

+5 more

Dislikes

As I already mentioned job security is not there in this company.

Job security - Bad

Executive in Bangalore / Bengaluru

Technical Support Department

5.0

• posted on 24 Jun 2021

5.0

for Salary and Benefits

Likes

It's just a great place to work for anyone , everyone just support , salary good with lucrative incentives ... Best company I ever found in my life .

Salary - Excellent

+6 more

Dislikes

I didn't find anything. only you can say that if you do work in headquarter then you feel like you are working in office bcoz every other place infrastructure is just like normal rooms only, but this doesn't matter.

Senior Manager in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

5.0

• posted on 25 May 2024

5.0

for Salary and Benefits

Likes

Monthly fixed slightly lower. High bonuses and esops make up for it and are much higher than industry standards. Good work life balance and culture, everyone is motivated and having fun at the same time.

Salary - Excellent

+6 more

Dislikes

Flat organisation, no managerial positions or designations - for people who regard this higher

Senior Executive in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

5.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

I got an opportunity to explore in new field with my previous documents knowledge and learn other things in this broking field.

Salary - Excellent

+2 more

Dislikes

Because of lower level pollitics, we are unable to balance the work life and personal life. And forcing to extend overtime without any concern.

Job security - Bad

+2 more

Forex Trader in Mumbai

Part Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jul 2023

2.0

for Salary and Benefits

Likes

As far as I’m concerned, Zerodha technical base is bad. The hats made it mandatory for every customer to open a deamt account. For investment in mutual funds, no Demat account should be necessary. By making it mandatory they are forcing customers to open demat account and charge. I have exhausted all options to speak to their senior management with no avail, hence this review. All potential customers need to watch out. My best decision is taking my investment back to benarmstrong trades, where I have recover my loses. No restriction and easy withdrawal m Zerodha should learn

Dislikes

Customer service is poor

Salary - Poor

+6 more

see more salary related reviews

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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Zerodha Associate Salary FAQs

What is the salary of Associate at Zerodha?

Associate salary at Zerodha in India ranges between ₹2.2 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 54% less than the average Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Zerodha India.

How does the salary of a Associate at Zerodha India compare with the average salary range for this job?

The average salary of a Associate at Zerodha is 54% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Zerodha to a Associate in India?

Visa Associate Salary - ₹24.0 Lakhs to ₹34.0 Lakhs per year
Western Union Associate Salary - ₹8.4 Lakhs to ₹21.5 Lakhs per year
Motilal Oswal Associate Salary - ₹4.0 Lakhs to ₹40.0 Lakhs per year
Q2 Software Associate Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
Upstox Associate Salary - ₹5.2 Lakhs to ₹15.5 Lakhs per year

What is the salary of a Associate in companies similar to Zerodha in India?

Sharekhan Associate Salary - ₹4.6 Lakhs to ₹15.2 Lakhs per year
HighRadius Associate Salary - ₹7.9 Lakhs to ₹9.6 Lakhs per year
Razorpay Associate Salary - ₹3.5 Lakhs to ₹10.6 Lakhs per year
Saxo Bank Associate Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year
Edelweiss Associate Salary - ₹2.1 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Associate at Zerodha in India?

The estimated take-home salary of a Associate at Zerodha ranges between ₹25,615 per month to ₹27,045 per month in India. The take-home salary calculation is based on the average Zerodha Associate salary in India which ranges between ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Associate at Zerodha?

According to AmbitionBox, 100% of the Zerodha Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Zerodha Associate Salaries

Zerodha Associate salary in India ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Zerodha latest salaries received from various employees of Zerodha.