Banking Specialist

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Banking Specialist Salary in Mumbai (Updated 2025)

based on 7 latest salaries • updated: 24 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2.8 Lakhs - ₹11.5 Lakhs

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Banking Specialist Salary in Mumbai ranges between ₹2.8 Lakhs to ₹11.5 Lakhs for 2 years of experience to 9 years of experience. Salary estimates are based on 7 latest salaries received from Banking Specialist.

Latest annual salaries shared by Banking Specialists

1w ago

TCS

Banking Specialist

8 years exp.

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1mo ago

Avaloq

Banking Specialist

3 years exp.

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1mo ago

McKinsey & Company

Banking Specialist

6 years exp.

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3mo ago

Avaloq

Banking Specialist

11 years exp.

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3mo ago

ANZ Banking Group

Banking Specialist

7 years exp.

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4mo ago

ICICI Bank

Banking Specialist

13 years exp.

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4mo ago

IndusInd Bank

Banking Specialist

2 years exp.

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4mo ago

HGS

Banking Specialist

4 years exp.

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5mo ago

Avaloq

Banking Specialist

10 years exp.

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6mo ago

TCS

Banking Specialist

6 years exp.

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View all latest salaries

Banking Specialist salaries by

Years of experience Avg. annual salary
2 years
(2 salaries)
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₹5.1 L/yr - ₹5.1 L/yr

3 years
(1 salaries)
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₹5.8 L/yr - ₹5.8 L/yr

4 years
(3 salaries)
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₹2.8 L/yr - ₹5.8 L/yr

9 years
(1 salaries)
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₹11.5 L/yr - ₹11.5 L/yr

Banking Specialist Jobs in Mumbai

Banking Specialist

· 15-24 years

Rapidsoft Technologies

·
3.9
₹15 L/yr - ₹30 L/yr

Navi Mumbai

Banking Specialist

· 2-4 years

Ai Shipping Lines Pvt Ltd

Mumbai

Banking Specialist

· 3-8 years

Pioneer Infotech (P) Ltd

·
1.9

Mumbai

View all Banking Specialist jobs

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View more similar designations

Banking Specialist Salary By Industries

Industries Avg. annual salary

Financial Services

Banking Specialist
1 - 11 years exp.
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₹2 L/yr - ₹6.5 L/yr

Software Product

Banking Specialist
2 - 10 years exp.
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₹5.1 L/yr - ₹10.8 L/yr

IT Services & Consulting

Banking Specialist
1 - 11 years exp.
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₹2.5 L/yr - ₹22 L/yr

Banking

Banking Specialist
1 - 13 years exp.
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₹2 L/yr - ₹9.4 L/yr

BPO

Banking Specialist
2 - 8 years exp.
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₹2.4 L/yr - ₹5.1 L/yr

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Frequently Asked Questions (FAQS) about Banking Specialist Salaries

What is the salary of a Banking Specialist in India?
The salary of a Banking Specialist in India varies based on experience, location, company & Industry. On average, Banking Specialist salaries ranges from ₹2.8 Lakhs to ₹11.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.8 Lakhs to ₹11.5 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 7 salaries received from various Banking Specialists across industries.
What are the top paying cities for Banking Specialist in India?
The annual salary for Banking Specialist in India varies by location. Top paying cities for Banking Specialist are
Banking Specialist Salary in Chennai ₹1.9 Lakhs to ₹5.2 Lakhs per year
Banking Specialist Salary in Pune ₹5.6 Lakhs to ₹22.0 Lakhs per year
Banking Specialist Salary in Bangalore / Bengaluru ₹4.0 Lakhs to ₹9.1 Lakhs per year
Banking Specialist Salary in New Delhi ₹7.2 Lakhs to ₹32.6 Lakhs per year
Banking Specialist Salary in Navi Mumbai ₹2.2 Lakhs to ₹2.8 Lakhs per year
Salary expectations for Banking Specialist may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Banking Specialist in India?
Top 5 paying Industries for Banking Specialist in India are:
Banking Specialist Salary in Financial Services ₹2.0 Lakhs to ₹6.5 Lakhs per year
Banking Specialist Salary in Software Product ₹5.1 Lakhs to ₹10.8 Lakhs per year
Banking Specialist Salary in IT Services & Consulting ₹2.5 Lakhs to ₹22.0 Lakhs per year
Banking Specialist Salary in Banking ₹2.0 Lakhs to ₹9.4 Lakhs per year
Banking Specialist Salary in BPO ₹2.4 Lakhs to ₹5.1 Lakhs per year
How does experience affect salaries of a Banking Specialist in India?
Experience significantly impacts a Banking Specialist salary in India. Salaries increase with experience, as Banking Specialist take on more complex tasks, responsibilities, and leadership roles. Banking Specialist salary at different experience level are as follows:
Experience Average Salary Range
2 years ₹5.1 Lakhs to ₹5.1 Lakhs per year
3 years ₹5.8 Lakhs to ₹5.8 Lakhs per year
4 years ₹2.8 Lakhs to ₹5.8 Lakhs per year
9 years ₹11.5 Lakhs to ₹11.5 Lakhs per year
and so on.

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