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FirstRand Bank

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4.1

based on 55 Reviews

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FirstRand Bank Salaries in Mumbai (Updated 2025)

based on 455 latest salaries
Explore Salaries by Departments
Engineering - Software & QA IT & Information Security BFSI, Investments & Trading Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Java Developer

3 - 11 years exp. · Mumbai (28 salaries)
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₹10.9 L/yr - ₹30 L/yr

Credit Analyst

1 - 11 years exp. · Mumbai (12 salaries)
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₹10.8 L/yr - ₹45.6 L/yr

Team Leader (Technical)

8 - 16 years exp. · Mumbai (12 salaries)
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₹17 L/yr - ₹43.5 L/yr

Senior Software Engineer

5 - 10 years exp. · Mumbai (11 salaries)
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₹17.1 L/yr - ₹33 L/yr

Devops Engineer

3 - 9 years exp. · Mumbai (10 salaries)
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₹6.5 L/yr - ₹20 L/yr

Quantitative Risk Analyst

6 - 11 years exp. · Mumbai (10 salaries)
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₹18 L/yr - ₹48 L/yr

BI Developer

5 - 13 years exp. · Mumbai (7 salaries)
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₹17.5 L/yr - ₹30 L/yr

Test Analyst

5 - 8 years exp. · Mumbai (7 salaries)
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₹11.2 L/yr - ₹17.6 L/yr

Mainframe Developer

5 - 9 years exp. · Mumbai (6 salaries)
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₹8.8 L/yr - ₹17 L/yr

Middleware Administrator

6 - 11 years exp. · Mumbai (6 salaries)
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₹12.6 L/yr - ₹18 L/yr

Software Developer

5 - 7 years exp. · Mumbai (6 salaries)
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₹7.5 L/yr - ₹18 L/yr

Automation Tester

5 - 11 years exp. · Mumbai (6 salaries)
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₹11.3 L/yr - ₹17 L/yr

Quantitative Analyst

2 - 7 years exp. · Mumbai (5 salaries)
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₹12 L/yr - ₹39 L/yr

Finance Executive

4 - 9 years exp. · Mumbai (5 salaries)
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₹6.2 L/yr - ₹13 L/yr

Risk Manager

6 - 15 years exp. · Mumbai (5 salaries)
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₹29.7 L/yr - ₹36 L/yr

Valuation Analyst

3 - 9 years exp. · Mumbai (4 salaries)
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₹22.5 L/yr - ₹30 L/yr

Integration Developer

4 - 8 years exp. · Mumbai (4 salaries)
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₹16 L/yr - ₹25.5 L/yr

Linux System Administrator

4 - 8 years exp. · Mumbai (4 salaries)
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₹7.5 L/yr - ₹16 L/yr

Forex Dealer

11 - 13 years exp. · Mumbai (4 salaries)
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₹28 L/yr - ₹50 L/yr

Data Engineer

4 - 7 years exp. · Mumbai (4 salaries)
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₹15 L/yr - ₹31 L/yr

Last Updated: 11 Mar, 2025

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an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more
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Salary related reviews for FirstRand Bank

4.0

Rated by 34 employees for salary & benefits

Technical Lead in Mumbai

Engineering - Software & QA Department

5.0
  •  posted on 04 Aug 2022
5.0
 for  Salary and Benefits

Likes

...work on some cutting edge technologies where my product was built from scratch . Really love the management , the monetary benefits including the CTC and bonus is very satisfactory . First Rand has the policy to take every employee out for a fully paid foreign trip

read more
  • Salary - Excellent
    • +6 more

Dislikes

Nothing to dislike about this company

Business And Production Support Analyst in Ghansoli Mumbai

BFSI, Investments & Trading Department

4.0
  •  posted on 09 May 2021
5.0
 for  Salary and Benefits

Likes

...s on business / markets and technology. Your efforts will always be appreciated. Good appraisals and bonus on yearly basis.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Nothing major. Its just your role is very specific and limited on what you work.

CRM Executive

BFSI, Investments & Trading Department

3.0
  •  posted on 21 Feb 2018
2.0
 for  Salary and Benefits

Likes

Training is grate but their work time not fix and salary credited to proper date and gvn to compensation to all exicative proper time but workenvironment not proper comfirtable in completed during work

read more
  • Skill development - Good

Dislikes

  • Salary - Poor
  • Job security - Poor
    • +4 more
see more salary related reviews

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FirstRand Bank Salary FAQs

How much does FirstRand Bank pay per year?
The average FirstRand Bank salary ranges from approximately ₹1.8 Lakh to ₹4 Lakhs per year for a Back Office Executive and ₹15.5 Lakhs to ₹48 Lakhs per year for a Quantitative Risk Analyst. Salary estimates are based on 455 FirstRand Bank salaries received from various employees of FirstRand Bank. FirstRand Bank employees rate the overall salary and benefits package 4.0/5 stars.
What is the highest salary in FirstRand Bank?
The highest-paying job at FirstRand Bank is a Quantitative Risk Analyst with a salary of ₹15.5 Lakhs to ₹48 Lakhs per year. The top 10% of employees earn more than ₹33 lakhs per year. The top 1% earn more than a whopping ₹55 lakhs per year.
What is the minimum salary in FirstRand Bank?
Minimum salary at FirstRand Bank depends on the role you are applying for. For Devops Engineer the minimum salary is ₹6.5 Lakhs to ₹20 Lakhs per year, and for Test Analyst the minimum salary is ₹11 Lakhs to ₹19 Lakhs per year and so on.
What is the notice period at FirstRand Bank in Mumbai?
According to AmbitionBox, 63% of the FirstRand Bank employees in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 145 responses on AmbitionBox in last 2 years.

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Average annual salary in FirstRand Bank , Mumbai is INRunlock blur . Salary estimates are based on 455 FirstRand Bank latest salaries received from various employees of FirstRand Bank.

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