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Zerodha Stock Broker salaries in India

Annual salary range
1 - 6 years exp.
₹2 Lakhs - ₹3 Lakhs
Salary of majority employees
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12% less than the average Stock Broker Salary in FinTech Companies for 1 - 6 years of experience

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Last Updated: 8 Feb 2024

Companies similar to Zerodha for Stock Broker

Company name Avg Annual Salary Open Jobs
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Angel One Stock Broker Salary

0 - 6 years exp. (24 salaries)

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₹1 L/yr - ₹5 L/yr

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₹2.4 L/yr - ₹6 L/yr

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Religare Stock Broker Salary

2 - 22 years exp. (8 salaries)

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₹2.1 L/yr - ₹4.8 L/yr

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Goodwill Commodities Stock Broker Salary

0 - 5 years exp. (8 salaries)

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₹2 L/yr - ₹5 L/yr

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Sharekhan Stock Broker Salary

0 - 7 years exp. (6 salaries)

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₹2 L/yr - ₹5.6 L/yr

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Stock Broker salary at Zerodha ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Zerodha.

Latest annual salaries shared by Zerodha Stock Broker

11mo ago
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5 years exp.
1y ago
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3 years exp.
1y ago
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1 year exp.
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2 years exp.

Experience wise Zerodha Stock Broker salaries

Last Updated: 8 Feb 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Zerodha

Sales Manager Salary
(9 salaries)
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₹2 L/yr - ₹9.7 L/yr
Branch Manager Salary
(3 salaries)
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₹4 L/yr - ₹8 L/yr
Team Lead Salary
(4 salaries)
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₹24 L/yr - ₹49 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹95 L/yr - ₹105 L/yr
Analyst Salary
(4 salaries)
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₹5 L/yr - ₹15 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹18.7 L/yr - ₹23.9 L/yr
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₹6.5 L/yr - ₹20 L/yr
Technical Lead Salary
(AmbitionBox Estimate)
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₹32.9 L/yr - ₹42 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr

Salary related reviews for Zerodha

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

  • Job security - Bad

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 .

read more
  • 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.

read more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • 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.

read more
  • Job security - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 17 Mar 2025

2.0
 for  Salary and Benefits

Dislikes

I am disappointed the after investing for months they denied me my payouts. the agreement was breached, i called the support several times no response. I file a report to REFUNDBACK telling them my problem, i seek their help before my pending funds were released to me complete.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Zerodha Stock Broker Salary FAQs

What is the salary of Stock Broker at Zerodha ?
The average salary of a Stock Broker at Zerodha in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Stock Broker at Zerodha earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Stock Broker Salaries at Zerodha 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 5 Zerodha employees in India.
What is the estimated take home salary of a Stock Broker at Zerodha in India?
The estimated take-home salary of a Stock Broker at Zerodha in India typically ranges from ₹18,281 to ₹19,970 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 5 salaries received from various employees of Zerodha. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Zerodha for Stock Broker in India?
Sharekhan ₹2.0 Lakhs to ₹5.6 Lakhs per year
Goodwill Commodities ₹2.0 Lakhs to ₹5.0 Lakhs per year
Angel One ₹1.0 Lakhs to ₹5.0 Lakhs per year
Religare ₹2.1 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Zerodha, depending on the role and experience level.
What is the salary of a Stock Broker in companies similar to Zerodha in India?
The salary of a Stock Broker at companies similar to Zerodha in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services ₹2.4 Lakhs to ₹6.0 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 Zerodha in India?
The salary growth for a Stock Broker at Zerodha depends on factors such as experience, performance, and promotions. On average, a Stock Broker can expect the following growth trajectory at Zerodha:

Experience Average Salary Range
1 year ₹1.0 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.6 Lakhs per year
3 years ₹2.5 Lakhs to ₹4.7 Lakhs per year
4 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Zerodha Stock Broker salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Zerodha latest salaries received from various employees of Zerodha.