Deutsche Bank Mumbai Senior Associate Salaries by 20+ Employees (Updated 2025)

4 - 11 years exp.

₹7.2 Lakhs - ₹27 Lakhs

Salary of majority employees

Fixed (97%)

₹15.8 Lakhs

Variable (3%)

₹0.4 Lakh

59% more than the average Senior Associate Salary in Banking Companies for 4 - 11 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Senior Associate Salary 4 - 8 years exp. (8 salaries)	₹6.1 L/yr - ₹23.1 L/yr
BFSI, Investments & Trading Senior Associate Salary 7 - 10 years exp. (4 salaries)	₹10.1 L/yr - ₹21 L/yr
Login to view exact salary
Data Science & Analytics Senior Associate Salary 8 - 11 years exp. (3 salaries)	₹15.5 L/yr - ₹18.5 L/yr
Engineering - Software & QA Senior Associate Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹15.9 L/yr - ₹22 L/yr
Customer Success, Service & Operations Senior Associate Salary 8 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹16.5 L/yr

Last Updated: 5 Feb 2025

Companies similar to Deutsche Bank for Senior Associate in Mumbai

Deutsche Bank Senior Associate Salary

4 - 11 years exp. (29 salaries)

₹7.2 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
HSBC Group Senior Associate Salary 1 - 7 years exp. (12 salaries)	₹5.2 L/yr - ₹14 L/yr 28% less
Barclays Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8.5 L/yr 51% less
Login to view exact salary
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 62% less
Morgan Stanley Senior Associate Salary 1 - 9 years exp. (779 salaries)	₹6.3 L/yr - ₹22 L/yr 17% less
Goldman Sachs Senior Associate Salary 6 - 8 years exp. (3 salaries)	₹12.2 L/yr - ₹25.5 L/yr 14% more	1 job opening
UBS Senior Associate Salary 4 - 9 years exp. (21 salaries)	₹6 L/yr - ₹24.5 L/yr 11% less
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr 72% less
ICICI Bank Senior Associate Salary 0 - 9 years exp. (125 salaries)	₹1.5 L/yr - ₹4 L/yr 84% less
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (36 salaries)	₹2 L/yr - ₹5.5 L/yr 76% less
State Street Bank Senior Associate Salary 2 - 9 years exp. (33 salaries)	₹3.9 L/yr - ₹9.5 L/yr 68% less
Kotak Mahindra Bank Senior Associate Salary 1 - 6 years exp. (24 salaries)	₹1.5 L/yr - ₹3.9 L/yr 82% less
Login to view exact salary
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹15 L/yr 60% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 75% less
NatWest Group Senior Associate Salary 5 - 10 years exp. (6 salaries)	₹6.7 L/yr - ₹19 L/yr 19% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹12 L/yr 53% less
Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹4.9 L/yr 80% less
HSBC Global Banking and Markets Senior Associate Salary 4 - 9 years exp. (3 salaries)	₹7.2 L/yr - ₹12 L/yr 30% less

Senior Associate salary at Deutsche Bank ranges between ₹7.2 Lakhs to ₹27 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of Deutsche Bank.

Experience wise Deutsche Bank Senior Associate salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹25 L/yr
5 years (5 salaries)	₹7 L/yr - ₹20 L/yr
Login to view exact salary
6 years (5 salaries)	₹15 L/yr - ₹27 L/yr
7 years (5 salaries)	₹15 L/yr - ₹22 L/yr
8 years (7 salaries)	₹7.2 L/yr - ₹26.5 L/yr
9 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹18.3 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹21 L/yr
11 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹33.3 L/yr

View all

Similar Designation salaries in Deutsche Bank

Technology Analyst Salary

(3 salaries)

₹7.5 L/yr - ₹12.08 L/yr

Software Engineer Salary

(3 salaries)

₹9 L/yr - ₹18.64 L/yr

Top skills at Deutsche Bank for Senior Associate

Finance ERP Systems KYC Excel Aml Alteryx Accounting Anti Money Laundering Word IFRS Sanction General Ledger Tableau

Salary related reviews for Deutsche Bank

2.7

Rated by 3 employees for salary & benefits

Senior Associate in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

Work life balance is great, they have a fixed pay which is good, various team activities, great work culture ,

Salary - Good

+4 more

Dislikes

Even though they have fixed pay but in hand is less, learning opportunities are not good , senior management is not cooperative, less exposure to new technologies

Associate Consultant in Pune

Full Time

IT & Information Security Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Work life balance is good, as ther is very low focus on work. :) 4% variable component which is good.

Job security - Good

+1 more

Dislikes

...n order to grow. This is always being said during your performance discussions. Good organization if you have no goals and happy with salary being credited monthly in your account.

Skill development - Bad

+2 more

Senior Engineer in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 29 Mar 2024

4.0

for Salary and Benefits

Likes

Only salary is good.

Salary - Good

+1 more

Dislikes

Directors are incapable of running business. Their is a army of incapable Directors who are spoiling future of many employees. If you are technically skilled and want to grow in technology then never join DB. Higher management only like boot lickers who just do buttering of bosses. Skillset required to succeed in DB is cocktail party management/arrangement, leading timepass meetings wasting precious time. Working DB is totally waste.

Skill development - Bad

+4 more

Vice President in Pune

Full Time

Project & Program Management Department

5.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

The organisation is goal oriented and the goals are communicated clearly. Most leaders are not micro managers and give a platform for the teams to grow.

Skill development - Good

+5 more

Dislikes

The salary hike in India has been terrible over the last 3 years. Even though the company makes unprecedented profits it is not shared with the employees. The bonus payouts are very bad as well at all levels if compared to other international banks.

Assistant Vice President in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Nov 2024

5.0

for Salary and Benefits

Likes

Overall good organisation. Pay and Benefits are good. Good learning opportunities. People and Management appreciate your work.

Salary - Excellent

+5 more

Dislikes

A lot of controls by management and pressure to follow guidelines and take additional tasks.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Deutsche Bank

View All

an associate

Need Guidance

I have been working with a foreign investment bank for 7 years. i recently got an offer from Deloitte USI with a good hike. Need some advice on below two points. Will it be a wise decision to make this switch? coming form a bank where the work is very structured, how difficult it would be to gel up with the big 4 work culture ??

Got a question about Deutsche Bank?

Ask anonymously on communities.

Deutsche Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at Deutsche Bank Mumbai?

Senior Associate salary at Deutsche Bank in Mumbai ranges between ₹7.2 Lakhs to ₹27.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 59% more than the average Senior Associate Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Deutsche Bank Mumbai.

How does the salary of a Senior Associate at Deutsche Bank Mumbai compare with the average salary range for this job?

The average salary of a Senior Associate at Deutsche Bank is 59% more than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Associate at Deutsche Bank?

Finance, ERP Systems, KYC, Excel and Aml are some of the popular skills required to work as a Senior Associate at Deutsche Bank Mumbai.

Which similar companies are paying more than Deutsche Bank to a Senior Associate in Mumbai?

Goldman Sachs Senior Associate Salary - ₹12.2 Lakhs to ₹25.5 Lakhs per year

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

UBS Senior Associate Salary - ₹6.0 Lakhs to ₹24.5 Lakhs per year
Morgan Stanley Senior Associate Salary - ₹6.3 Lakhs to ₹22.0 Lakhs per year
NatWest Group Senior Associate Salary - ₹6.7 Lakhs to ₹19.0 Lakhs per year
HSBC Group Senior Associate Salary - ₹5.2 Lakhs to ₹14.0 Lakhs per year
HSBC Global Banking and Markets Senior Associate Salary - ₹7.2 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Senior Associate at Deutsche Bank ranges between ₹1,10,604 per month to ₹1,13,668 per month in Mumbai. The take-home salary calculation is based on the average Deutsche Bank Senior Associate salary in India which ranges between ₹7.2 Lakhs to ₹27.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Senior Associate at Deutsche Bank in Mumbai?

According to AmbitionBox, 86% of the Deutsche Bank Senior Associates in Mumbai reported a notice period of 2 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Deutsche Bank Salaries >
Deutsche Bank Senior Associate Salaries >
Deutsche Bank Senior Associate Salaries in Mumbai

Deutsche Bank Senior Associate salary in Mumbai ranges between ₹7.2 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Deutsche Bank latest salaries received from various employees of Deutsche Bank.