▼33%
₹652,000
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
10%
₹208k
MEDIAN
₹652k
90%
₹2m
The average salary for an Equity Research Associate is ₹652,000 in 2025
Base Salary
₹208k - ₹2m
Bonus
₹5k - ₹427k
Total Pay
₹225k - ₹2m
Is Average Equity Research Associate with Microsoft Excel Skills Salary in India your job title? Find out what you should be paid
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What is the Pay by Experience Level for Equity Research Associates?
Find your market worth – how it works:
Common Health Benefits for a Equity Research Associate
Medical
56%
None
44%
Gender Breakdown for Equity Research Associates
Male
76.9%
Female
23.1%
This data is based on 13 survey responses. Learn more about the gender pay gap.
FAQs About Equity Research Associates
What is the highest pay for Equity Research Associates?
Our data indicates that the highest pay for an Equity Research Associate is ₹2m / year
What is the lowest pay for Equity Research Associates?
Our data indicates that the lowest pay for an Equity Research Associate is ₹208k / year
How can Equity Research Associates increase their salary?
Increasing your pay as an Equity Research Associate is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Equity Research Associate that oversees more junior Equity Research Associates, this experience can increase the likelihood to earn more.