Axis Bank Mumbai Data Analyst Salaries by 30+ Employees (Updated 2025)

0 - 4 years exp.

₹4.3 Lakhs - ₹15.5 Lakhs

Salary of majority employees

Fixed (89%)

₹9.2 Lakhs

Variable (11%)

₹1.2 Lakh

60% more than the average Data Analyst Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Data Science & Analytics Data Analyst Salary 0 - 4 years exp. (21 salaries)	₹4.3 L/yr - ₹15 L/yr
BFSI, Investments & Trading Data Analyst Salary 0 - 4 years exp. (5 salaries)	₹8 L/yr - ₹15.5 L/yr
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Engineering - Software & QA Data Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹10.9 L/yr

Last Updated: 3 Feb 2025

Companies similar to Axis Bank for Data Analyst in Mumbai

Axis Bank Data Analyst Salary

0 - 4 years exp. (34 salaries)

₹4.3 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Analyst Salary 1 - 10 years exp. (96 salaries)	₹1.7 L/yr - ₹9 L/yr 44% less	1 job opening
IDFC FIRST Bank Data Analyst Salary 0 - 6 years exp. (83 salaries)	₹5.3 L/yr - ₹22 L/yr 26% more
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Kotak Mahindra Bank Data Analyst Salary 0 - 7 years exp. (48 salaries)	₹2.1 L/yr - ₹10 L/yr 46% less
ICICI Bank Data Analyst Salary 1 - 6 years exp. (26 salaries)	₹2.5 L/yr - ₹11.8 L/yr 35% less
Yes Bank Data Analyst Salary 1 - 6 years exp. (10 salaries)	₹2.7 L/yr - ₹5 L/yr 61% less
RBL Bank Data Analyst Salary 2 - 6 years exp. (7 salaries)	₹3.1 L/yr - ₹8.5 L/yr 23% less
Barclays Data Analyst Salary 1 - 11 years exp. (6 salaries)	₹9.2 L/yr - ₹18.6 L/yr 6% more
Deutsche Bank Data Analyst Salary 3 - 7 years exp. (6 salaries)	₹4.5 L/yr - ₹7.5 L/yr 39% less	3 job openings
IndusInd Bank Data Analyst Salary 2 - 7 years exp. (5 salaries)	₹4.4 L/yr - ₹11 L/yr 24% less
Bank of America Data Analyst Salary 1 - 3 years exp. (4 salaries)	₹7.9 L/yr - ₹15.6 L/yr 17% more
NatWest Group Data Analyst Salary 1 - 3 years exp. (3 salaries)	₹3.6 L/yr - ₹19.8 L/yr 26% more
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Data Analyst salary at Axis Bank ranges between ₹4.3 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 34 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Data Analyst salaries in Mumbai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8 L/yr - ₹14 L/yr
1 year (10 salaries)	₹7.5 L/yr - ₹15 L/yr
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2 years (11 salaries)	₹7.5 L/yr - ₹14.2 L/yr
3 years (8 salaries)	₹4.3 L/yr - ₹15 L/yr
4 years (3 salaries)	₹4.9 L/yr - ₹15.5 L/yr

Similar Designation salaries in Axis Bank

Business Analyst Salary

(274 salaries)

₹4.5 L/yr - ₹18.51 L/yr

Data Engineer Salary

(38 salaries)

₹5.91 L/yr - ₹16 L/yr

Data Scientist Salary

(26 salaries)

₹7.77 L/yr - ₹21.5 L/yr

Analyst Salary

(11 salaries)

₹3 L/yr - ₹9.64 L/yr

Senior Analyst Salary

(6 salaries)

₹12 L/yr - ₹19 L/yr

Senior Data Analyst Salary

(4 salaries)

₹4.55 L/yr - ₹8.3 L/yr

Top skills at Axis Bank for Data Analyst

Data Analysis Data Science Project Management Operations Monitoring Metrics Business process Project Delivery Management Skills Customer Experience Banking SQL

Salary related reviews for Axis Bank

4.6

Rated by 3 employees for salary & benefits

Business Analyst in Mumbai

Full Time

Data Science & Analytics Department

4.0

• posted on 14 Nov 2023

3.0

for Salary and Benefits

Likes

AXIS BANK is a huge bank with various departments & teams. Experience can vary a lot. This is strictly about my experience in the company. Awesome Work Culture, Work Life Balance. Leaves can be granted easily. Supportive Team

Skill development - Good

+4 more

Dislikes

Salary Compensation

Business Analyst in Mumbai

Full Time

Data Science & Analytics Department

4.0

• posted on 01 Jul 2022

3.0

for Salary and Benefits

Likes

Good culture, great learning, nice people and one of the best work life balance providing organisations in the country

Skill development - Excellent

+5 more

Dislikes

High compensation variance among the same position people and it’s so high that even with good ratings it can’t be overcome

Business Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

1. Salary on time 2. Good amount of leaves

Job security - Good

Dislikes

Axis bank business analyst profile is a myth if you are thinking that you will get to work on some really good technologies and use different tools as a business analyst. Plus if you are a fresher don’t ever think of joining Axis bank. I have been working with Axis bank since 8 months and I joined as a fresher in this profile but let me tell you the reality I haven’t learnt a single thing apart from some basic SQL commands and basic banking operations from this job and being an engineer i feel that don’t ever think of joining axis bank ever. I assure you that after leaving axis also you would be treated as a fresher only as you haven’t learned anything from this company. During my initial days of joining i was very excited to work on projects but after few months I realised that this is a pathetic job. The seniors are only helpful during your first days of joining and after you have joined they will leave you and keep giving you projects without any further guidance. The projects keep on coming and completion rate is very low. No work life balance is there at all. Very stressful job. The senior most management has now introduced JIRA software in which we have to map the projects. There are 2 systems simultaneously we have to update the projects. There is no automation process. Coordinating with other teams are very difficult they don’t entertain you at all. Worst work culture i ever seen.

Skill development - Bad

+4 more

Team Lead in Amritsar

Procurement & Supply Chain Department

5.0

• posted on 05 Jan 2021

5.0

for Salary and Benefits

Likes

I have very good experience with axis bank. All sttaff are supporting. And very good culture. All staff very good..i miss my axis bank family at new job.

Salary - Excellent

+5 more

Dislikes

The basic salary is very low in credit card department . The minimum salary should be more than 18000. Thanking you

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

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Axis Bank Data Analyst Salary FAQs

What is the salary of Data Analyst at Axis Bank in Mumbai?

The average salary of a Data Analyst at Axis Bank in Mumbai typically ranges from ₹4.3 Lakhs to ₹15.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Data Analyst in Mumbai at Axis Bank earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Data Analyst Salaries at Axis Bank 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 30+ Axis Bank employees in India.

What is the estimated take home salary of a Data Analyst at Axis Bank in Mumbai?

The estimated take-home salary of a Data Analyst at Axis Bank in Mumbai typically ranges from ₹74,666 to ₹76,598 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 30+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Data Analyst at Axis Bank in Mumbai?

To be a Data Analyst at Axis Bank in Mumbai, the key skills required include:

- Data Analysis
- Data Science
- Project Management
- Operations
- Monitoring

These skills are highly valued at Axis Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Bank for Data Analyst in India?

IDFC FIRST Bank	₹5.3 Lakhs to ₹22.0 Lakhs per year
NatWest Group	₹3.6 Lakhs to ₹19.8 Lakhs per year
Bank of America	₹7.9 Lakhs to ₹15.6 Lakhs per year
Barclays	₹9.2 Lakhs to ₹18.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.

What is the salary of a Data Analyst in companies similar to Axis Bank in Mumbai?

The salary of a Data Analyst at companies similar to Axis Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank	₹3.1 Lakhs to ₹8.5 Lakhs per year
IndusInd Bank	₹4.4 Lakhs to ₹11.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹11.8 Lakhs per year
Deutsche Bank	₹4.5 Lakhs to ₹7.5 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹9.0 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 Data Analyst at Axis Bank in Mumbai?

The salary growth for a Data Analyst at Axis Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Analyst in Mumbai can expect the following growth trajectory at Axis Bank:

Experience	Average Salary Range
Fresher	₹8.0 Lakhs to ₹14.0 Lakhs per year
1 year	₹7.5 Lakhs to ₹15.0 Lakhs per year
2 years	₹7.5 Lakhs to ₹14.2 Lakhs per year
3 years	₹4.3 Lakhs to ₹15.0 Lakhs per year

and so on.

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Axis Bank Data Analyst Salaries in Mumbai

Axis Bank Data Analyst salary in Mumbai ranges between ₹4.3 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Axis Bank latest salaries received from various employees of Axis Bank.