Axis Bank Mumbai Manager Business Analyst Salaries by 20+ Employees (Updated 2025)

1 - 8 years exp.

₹9.5 Lakhs - ₹16 Lakhs

Salary of majority employees

Fixed (89%)

₹11 Lakhs

Variable (11%)

₹1.3 Lakh

35% less than the average Manager Business Analyst Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Data Science & Analytics Manager Business Analyst Salary 1 - 8 years exp. (8 salaries)	₹9.5 L/yr - ₹13.2 L/yr
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Engineering - Software & QA Manager Business Analyst Salary 2 - 7 years exp. (3 salaries)	₹9.7 L/yr - ₹13.5 L/yr

Last Updated: 29 Mar 2025

Companies similar to Axis Bank for Manager Business Analyst in Mumbai

Axis Bank Manager Business Analyst Salary

1 - 8 years exp. (21 salaries)

₹9.5 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Business Analyst Salary 3 - 15 years exp. (15 salaries)	₹8 L/yr - ₹15.3 L/yr 13% less
IDFC FIRST Bank Manager Business Analyst Salary 2 - 6 years exp. (8 salaries)	₹12.5 L/yr - ₹16 L/yr 22% more
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ICICI Bank Manager Business Analyst Salary 1 - 10 years exp. (4 salaries)	₹5.2 L/yr - ₹11.5 L/yr 25% less
Yes Bank Manager Business Analyst Salary 2 - 13 years exp. (3 salaries)	₹10.4 L/yr - ₹20 L/yr 36% more
RBL Bank Manager Business Analyst Salary 2 - 16 years exp. (3 salaries)	₹6 L/yr - ₹21 L/yr 1% more
Kotak Mahindra Bank Manager Business Analyst Salary 2 - 8 years exp. (3 salaries)	₹6.5 L/yr - ₹16.5 L/yr 11% less

Manager Business Analyst salary at Axis Bank ranges between ₹9.5 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 21 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Manager Business Analyst salaries in Mumbai

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹13 L/yr - ₹16 L/yr
2 years (6 salaries)	₹11.1 L/yr - ₹14 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.6 L/yr
4 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
5 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
7 years (3 salaries)	₹9.5 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr

View all

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Salary related reviews for Axis Bank

3.0

Rated by 1 employees for salary & benefits

Technical Project Manager in Navi Mumbai

Full Time

Product Management Department

3.0

• posted on 22 Apr 2022

3.0

for Salary and Benefits

Likes

...fe balance (this is specific to the department and project you are assigned to). On time salary. Hassal free leave approval.

Job security - Good

+1 more

Dislikes

Work culture is very poor here. People don't take things ownership of things assigned to them. Emails are just official evidences, people don't action on emails. You have to pick up the phone and call everyone to get the work done, otherwise it is completely ignored. Communication with vendor resources is happening on whatsapp. Your personal phone becomes official. They still follow traditional waterfall work model, that too in a very poor manner.

Skill development - Poor

+3 more

Product Owner in Mumbai

Full Time

Other Department

5.0

• posted on 12 Oct 2024

4.0

for Salary and Benefits

Likes

Great work culture, tremendous opportunities in terms of technology implementation and individual projects, visionary top management and the same spirit percolates to rest of the hierarchy as well.

Salary - Good

+6 more

Dislikes

Overall compensation/salary benefits could be a bit better.

Application Support Engineer in Navi Mumbai

Engineering - Hardware & Networks Department

5.0

• posted on 08 Dec 2017

4.0

for Salary and Benefits

Likes

Teammates are good in nature, training provide me is awesome, job security depend on our vendor, salary is good for me ,working environment is good their is no any work pressure when u complete ur training.

Salary - Good

+6 more

Dislikes

No dislike about my parent company

Assistant Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...e language, he also becomes violent. He attacks the family over trivial matters. I will not say anything about the salary. Basically your career, mental health and life will all be ruined if you joined Axis Bank. I will explain what changes will occur in your mental health after joining Axis. 1. You will remain absent minded. Aapko bulate rahega lekin aapko sunai nahi dega. 2. All the scenes of the office will keep playing in front of your eyes in a loop and you will keep feeling scared. 3. You will not remember anything. Your confidence will be low. 4. You will start having hallucinations and you will not even know it. 5. Aur inn sabke wajh se aapka relationship bhi kharab ho jayega.. They don't care about your health. Don't even think to join in Axis Bank.

Salary - Poor

+6 more

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

see more salary related reviews

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Axis Bank Manager Business Analyst Salary FAQs

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

The average salary of a Manager Business Analyst at Axis Bank in Mumbai typically ranges from ₹9.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Manager Business Analyst in Mumbai at Axis Bank earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager Business 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 20+ Axis Bank employees in India.

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

The estimated take-home salary of a Manager Business Analyst at Axis Bank in Mumbai typically ranges from ₹87,432 to ₹89,725 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Yes Bank	₹10.4 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank	₹12.5 Lakhs to ₹16.0 Lakhs per year
RBL Bank	₹6.0 Lakhs to ₹21.0 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 Manager Business Analyst in companies similar to Axis Bank in Mumbai?

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

Kotak Mahindra Bank	₹6.5 Lakhs to ₹16.5 Lakhs per year
HDFC Bank	₹8.0 Lakhs to ₹15.3 Lakhs per year
ICICI Bank	₹5.2 Lakhs to ₹11.5 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 Manager Business Analyst at Axis Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹13.0 Lakhs to ₹16.0 Lakhs per year
2 years	₹11.1 Lakhs to ₹14.0 Lakhs per year
3 years	₹11.5 Lakhs to ₹14.6 Lakhs per year
4 years	₹11.2 Lakhs to ₹14.3 Lakhs per year

and so on.

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Axis Bank Manager Business Analyst Salaries in Mumbai

Axis Bank Manager Business Analyst salary in Mumbai ranges between ₹9.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Axis Bank latest salaries received from various employees of Axis Bank.