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A margin clerk, also known as a margin specialist or margin analyst, is responsible for monitoring and managing margin accounts in financial institutions such as banks or brokerage firms. Their main role involves ensuring compliance with regulatory requirements and internal policies related to margin trading. They review and analyze client accounts to determine the available margin and assess the risk associated with margin trading activities. Margin clerks also calculate and maintain margin requirements, monitor margin calls, and communicate with clients regarding margin positions and account status. Additionally, they collaborate with other departments such as risk management and compliance to ensure accurate reporting and adherence to margin rules.
Estimated Yearly Salary: 2,183,123 INR
Estimated Monthly Salary: 181,927 INR
Estimated Weekly Salary: 41,983 INR per week
Estimated Hourly Salary: 1,050 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 175,635 INR
Estimated Weekly Salary: 40,531 INR per week
Estimated Hourly Salary: 1,013 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 24,252 USD
Estimated Monthly Salary: 2,021 USD
Estimated Weekly Salary: 466 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,183,123 INR
Estimated Monthly Salary: 181,927 INR
Estimated Weekly Salary: 41,983 INR per week
Estimated Hourly Salary: 1,050 INR per hour
By working as Margin Clerk a person can save up to 1,126 USD per month or 13,510 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Margin Clerk
Last revision of data: 2025-01-04
Data as of 2025
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Margin Clerk salary in India
Average Yearly Salary of Margin Clerk in India is approximately 2,183,123 INR (24,252 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Margin Clerk do?
A margin clerk, also known as a margin specialist or margin analyst, is responsible for monitoring and managing margin accounts in financial institutions such as banks or brokerage firms. Their main role involves ensuring compliance with regulatory requirements and internal policies related to margin trading. They review and analyze client accounts to determine the available margin and assess the risk associated with margin trading activities. Margin clerks also calculate and maintain margin requirements, monitor margin calls, and communicate with clients regarding margin positions and account status. Additionally, they collaborate with other departments such as risk management and compliance to ensure accurate reporting and adherence to margin rules.
Skills: margin clerk, margin specialist, margin analyst, compliance, risk management, margin trading
Job industry: Finance
Job industry: Finance
How much does Margin Clerk make?
Salary details
How much does Margin Clerk make?Estimated Yearly Salary: 2,183,123 INR
Estimated Monthly Salary: 181,927 INR
Estimated Weekly Salary: 41,983 INR per week
Estimated Hourly Salary: 1,050 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,107,620 INREstimated Monthly Salary: 175,635 INR
Estimated Weekly Salary: 40,531 INR per week
Estimated Hourly Salary: 1,013 INR per hour
Last revision of data: 2024-01-03Margin Clerk estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,252 USD
Estimated Monthly Salary: 2,021 USD
Estimated Weekly Salary: 466 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Margin Clerk job salary compared to average salary in India.
Comparison shows that a person working as Margin Clerk in India earns on average:
1.18 times the average salary (or 118% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Margin Clerk job salary compared to average salary in India.
Comparison shows that a person working as Margin Clerk in India earns on average:
1.18 times the average salary (or 118% of average salary).
Is Margin Clerk a well paid job?
Yes, our data show that Margin Clerk is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Margin Clerk?
High salary for Margin Clerk would be somewhere between 2,401,435 INR and 3,165,528 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Margin Clerk in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,183,123 INR
Estimated Monthly Salary: 181,927 INR
Estimated Weekly Salary: 41,983 INR per week
Estimated Hourly Salary: 1,050 INR per hour
By working as Margin Clerk a person can save up to 1,126 USD per month or 13,510 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Margin Clerk
Pakistan is 1,705 USD
China is 13,928 USD
Nepal is 7,942 USD
Bangladesh is 3,050 USD
Afghanistan is 6,509 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
Assistant director of operations (2,091,400 INR per year, pre-tax.)
Oralmaxillofacial surgery assistant (1,514,880 INR per year, pre-tax.)
Firefighter paramedic (2,283,300 INR per year, pre-tax.)
Obstetrician gynecologist (10,227,313 INR per year, pre-tax.)
Rcm analyst (2,518,152 INR per year, pre-tax.)
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