FirstRand Bank Navi Mumbai Salaries by 50+ Employees (Updated 2025)

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Engineering - Software & QA BFSI, Investments & Trading IT & Information Security Data Science & Analytics

Designation	Avg Annual Salary	Open Jobs
Credit Analyst 5 - 8 years exp. · Navi Mumbai (5 salaries)	₹20 L/yr - ₹36 L/yr
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Automation Test Engineer 5 - 8 years exp. · Navi Mumbai (3 salaries)	₹13 L/yr - ₹23 L/yr
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SAS Developer 4 - 6 years exp. · Navi Mumbai (3 salaries)	₹11.7 L/yr - ₹18 L/yr
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Analyst 3 2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Java Developer 6 - 9 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹27 L/yr - ₹29.3 L/yr
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Java Application Developer 7 - 8 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹28 L/yr - ₹35.8 L/yr
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Environmental Analyst 10 - 11 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Linux Administrator 6 - 7 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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Senior Officer 1 - 2 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Quality Analyst 7 - 8 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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Data Engineer 3 - 9 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹12 L/yr - ₹33.3 L/yr
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Oracle Database Administrator 9 - 10 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
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Technical Lead 12 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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Senior Java Developer 10 - 11 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹29.4 L/yr - ₹37 L/yr
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Quantitative Risk Analyst 5 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹15.5 L/yr - ₹47.6 L/yr
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Data Scientist 3 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr
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Automation Test Analyst 4 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Technical Support Executive 3 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Database Admin 4 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Informatica Administrator 6 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for FirstRand Bank

4.2

Rated by 17 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

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.

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

Skill development - Good

Dislikes

Salary - Poor
Job security - Poor

+4 more

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Know more about FirstRand Bank Navi Mumbai

FirstRand Bank Salary FAQs

How much does FirstRand Bank pay to its employees?

The average annual salary at FirstRand Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at FirstRand Bank, are as follows:

Credit Analyst	₹20 Lakhs to ₹36 Lakhs per year
Automation Test Engineer	₹13 Lakhs to ₹23 Lakhs per year
SAS Developer	₹11.7 Lakhs to ₹18 Lakhs per year
Analyst 3	₹5.9 Lakhs to ₹7.5 Lakhs per year

The highest-paying role, Quantitative Risk Analyst, earns between ₹15.5 Lakhs to ₹53 Lakhs per year. The top 10% of employees earn more than ₹33 Lakhs per year, and the top 1% earn over ₹55 Lakhs per year. Salaries at FirstRand 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 salary estimates are based on data from 50 salaries submitted by FirstRand Bank employees. FirstRand Bank is rated 4.2 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in FirstRand Bank , Navi Mumbai is INR . Salary estimates are based on 50+ FirstRand Bank latest salaries received from various employees of FirstRand Bank.