DBS Bank Mumbai Senior Associate Salaries by 80+ Employees (Updated 2025)

5 - 15 years exp.

₹14 Lakhs - ₹35 Lakhs

Salary of majority employees

152% more than the average Senior Associate Salary in Banking Companies for 5 - 15 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 5 - 15 years exp. (30 salaries)	₹15 L/yr - ₹33 L/yr
Finance & Accounting Senior Associate Salary 5 - 15 years exp. (13 salaries)	₹14 L/yr - ₹27.5 L/yr
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Data Science & Analytics Senior Associate Salary 6 - 14 years exp. (10 salaries)	₹18.6 L/yr - ₹30 L/yr
IT & Information Security Senior Associate Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹26.9 L/yr - ₹35 L/yr
Engineering - Software & QA Senior Associate Salary 11 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹27.7 L/yr

Last Updated: 19 Mar 2025

Companies similar to DBS Bank for Senior Associate in Mumbai

DBS Bank Senior Associate Salary

5 - 15 years exp. (86 salaries)

₹14 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (37 salaries)	₹2 L/yr - ₹6.3 L/yr 84% less
State Street Bank Senior Associate Salary 2 - 9 years exp. (35 salaries)	₹3.9 L/yr - ₹9.5 L/yr 80% less
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Deutsche Bank Senior Associate Salary 4 - 10 years exp. (24 salaries)	₹8 L/yr - ₹27 L/yr 30% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 84% less
NatWest Group Senior Associate Salary 5 - 10 years exp. (6 salaries)	₹6.7 L/yr - ₹18.9 L/yr 50% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹12 L/yr 72% less
HSBC Global Banking and Markets Senior Associate Salary 3 - 9 years exp. (5 salaries)	₹7.2 L/yr - ₹20 L/yr 54% less
Standard Chartered Senior Associate Salary 4 - 8 years exp. (5 salaries)	₹5 L/yr - ₹7.6 L/yr 77% less
Barclays Senior Associate Salary 3 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹13 L/yr 67% less
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr 82% less

Senior Associate salary at DBS Bank ranges between ₹14 Lakhs to ₹35 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 86 latest salaries received from various employees of DBS Bank.

Experience wise DBS Bank Senior Associate salaries in Mumbai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
5 years (9 salaries)	₹14 L/yr - ₹30 L/yr
6 years (13 salaries)	₹18 L/yr - ₹30 L/yr
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7 years (10 salaries)	₹17 L/yr - ₹30 L/yr
8 years (15 salaries)	₹16 L/yr - ₹35 L/yr
9 years (7 salaries)	₹17 L/yr - ₹35 L/yr
10 years (9 salaries)	₹15.5 L/yr - ₹47.3 L/yr
11 years (6 salaries)	₹19 L/yr - ₹47.8 L/yr
12 years (7 salaries)	₹15 L/yr - ₹28 L/yr
13 years (5 salaries)	₹20 L/yr - ₹33 L/yr
14 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹33 L/yr
15+ years (3 salaries)	₹21 L/yr - ₹28 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

5 - 15 years exp.

Vice President

₹

Lakhs/yr

13 - 22 years exp.

Senior Associate 5 - 15 years exp.

Assistant Vice President 8 - 19 years exp.

40% hike

Vice President 13 - 22 years exp.

51% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in DBS Bank

Team Lead Salary

(5 salaries)

₹5.91 L/yr - ₹22.7 L/yr

Top skills at DBS Bank for Senior Associate

Analytical Chemistry Risk Management Data Analytics Legal Compliance Operations CCTV Monitoring Financial Due Diligence Biochemistry Private Banking Investment Banking Automation Testing Clinical Data Management Team Building Customer Service Compliance

Salary related reviews for DBS Bank

4.0

Rated by 17 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Product Management Department

3.0

• posted on 15 Oct 2024

4.0

for Salary and Benefits

Likes

Hybrid work culture and skill development

Salary - Good

+2 more

Dislikes

Line manager is everything, he decides your rating, increment, bonus. HR is just a yes man to whatever reporting manager says. Lot of good policies on paper but at ground level not much. HR is absolutely not reachable

Senior Associate in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 06 Feb 2025

3.0

for Salary and Benefits

Likes

Job security, Smart colleagues, iflex benefits, fixed pay and bonus.

Job security - Excellent

Dislikes

Chaotic work environment, un organised work. Requirements to timelines comes from Singapore. Indian devs are just for servicing them. Old tech stack. Mangement have no clue what the developers are doing or struggling. No work recognition.

Promotions - Poor

+1 more

Senior Associate in Hyderabad / Secunderabad

Full Time

IT & Information Security Department

4.0

• posted on 19 Jun 2024

3.0

for Salary and Benefits

Likes

Work Culture and Skill improvement. Job security.

Skill development - Excellent

+2 more

Dislikes

Appraisal and Salary is less as compared to other banks. Dbs is Singapore bank, so every decision made in Singapore. DTI is worked like service base company who follows the order from Singapore management.

Promotions - Poor

Senior Associate in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 09 Jun 2023

2.0

for Salary and Benefits

Likes

Good salary

Dislikes

No work life balance.. never join dbs if you are QA. There is a provision of one QA among 5-6 developer. Everything comes as high priority and have a long QA process which is tiring to follow to get sign off on single user story

Salary - Poor

+6 more

Senior Associate in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 22 Mar 2023

2.0

for Salary and Benefits

Likes

Pay is above market average

Dislikes

Horrible work culture. Bad work environment. Pressure tactics that are unfair. No management vision or larger direction from top management. No growth and professional development roadmap for employees. Avoid working here. Waste of time and energy

Salary - Poor

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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DBS Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at DBS Bank in Mumbai?

The average salary of a Senior Associate at DBS Bank in Mumbai typically ranges from ₹14.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Senior Associate in Mumbai at DBS Bank earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Senior Associate Salaries at DBS 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 80+ DBS Bank employees in India.

What is the estimated take home salary of a Senior Associate at DBS Bank in Mumbai?

The estimated take-home salary of a Senior Associate at DBS Bank in Mumbai typically ranges from ₹1,65,241 to ₹1,71,575 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 5 years to 15 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 80+ salaries received from various employees of DBS Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Associate at DBS Bank in Mumbai?

To be a Senior Associate at DBS Bank in Mumbai, the key skills required include:

- Analytical Chemistry
- Risk Management
- Data Analytics
- Legal Compliance
- Operations

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

What is the salary of a Senior Associate in companies similar to DBS Bank in Mumbai?

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

Deutsche Bank	₹8.0 Lakhs to ₹27.0 Lakhs per year
NatWest Group	₹6.7 Lakhs to ₹18.9 Lakhs per year
HSBC Global Banking and Markets	₹7.2 Lakhs to ₹20.0 Lakhs per year
Barclays	₹3.5 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank	₹2.5 Lakhs to ₹12.0 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 Senior Associate at DBS Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹14.0 Lakhs to ₹30.0 Lakhs per year
6 years	₹18.0 Lakhs to ₹30.0 Lakhs per year
7 years	₹17.0 Lakhs to ₹30.0 Lakhs per year
8 years	₹16.0 Lakhs to ₹35.0 Lakhs per year

and so on.

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DBS Bank Senior Associate Salaries in Mumbai

DBS Bank Senior Associate salary in Mumbai ranges between ₹14 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 86 DBS Bank latest salaries received from various employees of DBS Bank.