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Deutsche Bank Associate salaries in Mumbai (Updated 2025)

Annual salary range
2 - 15 years exp.
₹10 Lakhs - ₹33 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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161% more than the average Associate Salary in Banking Companies for 2 - 15 years of experience

Interested in this particular role? 23 job openings

Salaries in different departments

Finance & Accounting
Associate Salary
3 - 15 years exp. (339 salaries)
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₹8.7 L/yr - ₹32 L/yr

BFSI, Investments & Trading
Associate Salary
3 - 15 years exp. (252 salaries)
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₹7.8 L/yr - ₹33 L/yr

Risk Management & Compliance
Associate Salary
2 - 15 years exp. (94 salaries)
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₹10.6 L/yr - ₹30 L/yr

Customer Success, Service & Operations
Associate Salary
5 - 15 years exp. (56 salaries)
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₹8 L/yr - ₹24.7 L/yr

Data Science & Analytics
Associate Salary
2 - 13 years exp. (48 salaries)
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₹9.7 L/yr - ₹30 L/yr

View all

Last Updated: 3 Apr 2025

Companies similar to Deutsche Bank for Associate in Mumbai

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Deutsche Bank Associate Salary

2 - 15 years exp. (1k salaries)

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₹10 L/yr - ₹33 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Associate Salary

0 - 7 years exp. (345 salaries)

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₹1.4 L/yr - ₹4.2 L/yr

arrow icon 88% less
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (327 salaries)

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₹1.6 L/yr - ₹4.9 L/yr

arrow icon 85% less
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Standard Chartered Associate Salary

1 - 16 years exp. (59 salaries)

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₹7.9 L/yr - ₹33 L/yr

arrow icon 7% less
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NatWest Group Associate Salary

4 - 12 years exp. (58 salaries)

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₹9.2 L/yr - ₹34.5 L/yr

arrow icon 3% less
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Bank of America Associate Salary

2 - 11 years exp. (57 salaries)

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₹15.2 L/yr - ₹46.6 L/yr

arrow icon 27% more
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State Street Bank Associate Salary

0 - 6 years exp. (33 salaries)

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₹2.4 L/yr - ₹3.8 L/yr

arrow icon 84% less
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Barclays Associate Salary

2 - 8 years exp. (13 salaries)

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₹6.6 L/yr - ₹23 L/yr

arrow icon 22% less
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Yes Bank Associate Salary

1 - 8 years exp. (10 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 83% less
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Federal Bank Associate Salary

1 - 4 years exp. (8 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 67% less
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IndusInd Bank Associate Salary

2 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹3.5 L/yr

arrow icon 85% less
1 job opening
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ANZ Banking Group Associate Salary

6 - 12 years exp. (4 salaries)

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₹15 L/yr - ₹37 L/yr

arrow icon 24% more
1 job opening
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₹8.6 L/yr - ₹17.3 L/yr

arrow icon 41% less
Associate salary at Deutsche Bank ranges between ₹10 Lakhs to ₹33 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 1k latest salaries received from various employees of Deutsche Bank.

Latest annual salaries shared by Deutsche Bank Associate in Mumbai

1d ago
₹26 Lakhs
8 years exp.
1d ago
₹15 Lakhs
9 years exp.
1d ago
₹21.5 Lakhs
14 years exp.
1d ago
₹20 Lakhs
9 years exp.
1d ago
₹23 Lakhs
8 years exp.
2d ago
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11 years exp.
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5 years exp.
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7 years exp.
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5 years exp.

Experience wise Deutsche Bank Associate salaries in Mumbai

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹15 L/yr - ₹26 L/yr
3 years  (12 salaries)

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₹13 L/yr - ₹24 L/yr
4 years  (42 salaries)

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₹12 L/yr - ₹30 L/yr
5 years  (94 salaries)

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₹10 L/yr - ₹30 L/yr
6 years  (109 salaries)

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₹8.7 L/yr - ₹31.5 L/yr
View all
Deutsche Bank Associate Salary and Career Growth

From

To

Associate

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2 - 15 years exp.

Director

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16 - 25 years exp.

Associate

2 - 15 years exp.
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Assistant Vice President

7 - 21 years exp.
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arrow icon 63% hike

Vice President

11 - 25 years exp.
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arrow icon 71% 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 Deutsche Bank

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₹7.2 L/yr - ₹27 L/yr
Team Lead Salary
(3 salaries)
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₹9.45 L/yr - ₹12.7 L/yr

Top skills at Deutsche Bank for Associate

KYC SQL Risk Management Anti Money Laundering Risk Management

Salary related reviews for Deutsche Bank

3.3

Rated by 76 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 07 May 2024

5.0
 for  Salary and Benefits

Likes

Salary is good. Projects and agile practices are good.

  • Salary - Excellent
  • +6 more

Dislikes

Strictness towards 3 days / week in office. Limited parking and desks. Tech lounge takes several hours to sort minor issues. 9 hours in office is too much!

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 16 Nov 2023

4.0
 for  Salary and Benefits

Likes

Likes - salary , leaves , free cab facility & work from home .

  • Salary - Good
  • +2 more

Dislikes

It's manager driven company . Only manager's decision matters . HRs doesn't have any power . Whatever managers de ise for you , it is . If they don't like you it means you are not good . Your points doesn't matter .

read more
  • Job security - Poor
  • +3 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 27 Oct 2023

4.0
 for  Salary and Benefits

Likes

Very good work culture and flexibility is provided to each employee. Good company specially for the women employees and Diversity is looked at most Important.

read more
  • Salary - Good
  • +6 more

Dislikes

Just the bonus part it's because of the team budget. Hike is reasonably good..We can earn that bonus with our hike only each month.

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 05 May 2023

2.0
 for  Salary and Benefits

Likes

Job security is good unless you don't perform worst. Cab facility, upgrade of skills,

Dislikes

Poor salary hikes,poor shif allowances, some worst line managers ,full of politics for promotions,very low recognition for working employees, full benefits if you can play office politics.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Other Department

3.0
  •  posted on 22 Dec 2023

2.0
 for  Salary and Benefits

Likes

Work culture better than other multinational bank. Salary date is always on 25 th or even before . There is no unethical pressure in the company.

read more
  • Job security - Good
  • +1 more

Dislikes

Promotion and recognition depends on how good is ur relation to your immediate senior. Hard work does not pay in Db .

  • Salary - Poor
  • +3 more
see more salary related reviews

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Deutsche Bank Associate Salary FAQs

What is the salary of Associate at Deutsche Bank in Mumbai?
The average salary of a Associate at Deutsche Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Associate in Mumbai at Deutsche Bank earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Associate Salaries at Deutsche 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 1000+ Deutsche Bank employees in India.
What is the estimated take home salary of a Associate at Deutsche Bank in Mumbai?
The estimated take-home salary of a Associate at Deutsche Bank in Mumbai typically ranges from ₹1,35,025 to ₹1,39,994 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 2 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 1000+ salaries received from various employees of Deutsche Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Associate at Deutsche Bank in Mumbai?
To be a Associate at Deutsche Bank in Mumbai, the key skills required include:

  • - KYC
  • - SQL
  • - Risk Management
  • - Anti Money Laundering
  • - Risk Management

These skills are highly valued at Deutsche Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Deutsche Bank for Associate in India?
Bank of America ₹15.2 Lakhs to ₹46.6 Lakhs per year
ANZ Banking Group ₹15.0 Lakhs to ₹37.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Deutsche Bank, depending on the role and experience level.
What is the salary of a Associate in companies similar to Deutsche Bank in Mumbai?
The salary of a Associate at companies similar to Deutsche Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Group ₹9.2 Lakhs to ₹34.5 Lakhs per year
Standard Chartered ₹7.9 Lakhs to ₹33.0 Lakhs per year
Barclays ₹6.6 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets ₹8.6 Lakhs to ₹17.3 Lakhs per year
Federal Bank ₹5.0 Lakhs to ₹8.0 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 Associate at Deutsche Bank in Mumbai?
The salary growth for a Associate at Deutsche Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Deutsche Bank:

Experience Average Salary Range
2 years ₹15.0 Lakhs to ₹26.0 Lakhs per year
3 years ₹13.0 Lakhs to ₹24.0 Lakhs per year
4 years ₹12.0 Lakhs to ₹30.0 Lakhs per year
5 years ₹10.0 Lakhs to ₹30.0 Lakhs per year
and so on.

Tell us how to improve this page.

Deutsche Bank Associate salary in Mumbai ranges between ₹10 Lakhs to ₹33 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1k Deutsche Bank latest salaries received from various employees of Deutsche Bank.