FirstRand Bank Quantitative Analyst Salaries by 9 Employees (Updated 2025)

2 - 7 years exp.

₹12 Lakhs - ₹39 Lakhs

Salary of majority employees

38% more than the average Quantitative Analyst Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Quantitative Analyst Salary 5 - 7 years exp. (3 salaries)	₹23 L/yr - ₹30 L/yr
Login to view exact salary
Finance & Accounting Quantitative Analyst Salary 2 - 7 years exp. (3 salaries)	₹12 L/yr - ₹39 L/yr

Last Updated: 7 Nov 2024

Companies similar to FirstRand Bank for Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
Goldman Sachs Quantitative Analyst Salary 0 - 3 years exp. (15 salaries)	₹24 L/yr - ₹37 L/yr 14% more
Morgan Stanley Quantitative Analyst Salary 0 - 5 years exp. (6 salaries)	₹15.9 L/yr - ₹52 L/yr 18% more
Login to view exact salary
Barclays Quantitative Analyst Salary 1 - 5 years exp. (6 salaries)	₹18 L/yr - ₹32 L/yr 11% less
HSBC Group Quantitative Analyst Salary 1 - 4 years exp. (4 salaries)	₹22.3 L/yr - ₹34 L/yr At par
Deutsche Bank Quantitative Analyst Salary 4 - 6 years exp. (3 salaries)	₹15.1 L/yr - ₹34 L/yr At par
UBS Quantitative Analyst Salary 0 - 4 years exp. (52 salaries)	₹7.7 L/yr - ₹28 L/yr 26% less
Nomura Holdings Quantitative Analyst Salary 2 - 7 years exp. (6 salaries)	₹9 L/yr - ₹51.6 L/yr 5% more
Axis Bank Quantitative Analyst Salary 3 years exp. (3 salaries)	₹19 L/yr - ₹25 L/yr 9% less

Quantitative Analyst salary at FirstRand Bank ranges between ₹12 Lakhs to ₹39 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Quantitative Analyst salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12 L/yr - ₹34.3 L/yr
3 years (AmbitionBox Estimate)	₹19.4 L/yr - ₹24.7 L/yr
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4 years (AmbitionBox Estimate)	₹23 L/yr - ₹26 L/yr
5 years (AmbitionBox Estimate)	₹23 L/yr - ₹30 L/yr
6 years (AmbitionBox Estimate)	₹26 L/yr - ₹52.1 L/yr
7 years (AmbitionBox Estimate)	₹30 L/yr - ₹39 L/yr

View all

Similar Designation salaries in FirstRand Bank

Associate Analyst Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Data Analyst Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Data Analyst Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.4 L/yr

Analyst Salary

(4 salaries)

₹6.5 L/yr - ₹12 L/yr

Data Scientist Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Data Engineer Salary

(8 salaries)

₹12 L/yr - ₹33.3 L/yr

Software Engineer Salary

(6 salaries)

₹25 L/yr - ₹40.5 L/yr

Salary related reviews for FirstRand Bank

4.0

Rated by 1 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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FirstRand Bank Quantitative Analyst Salary FAQs

What is the salary of Quantitative Analyst at FirstRand Bank?

Quantitative Analyst salary at FirstRand Bank in India ranges between ₹12.0 Lakhs to ₹39.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 38% more than the average Quantitative Analyst Salary in India. Salary estimates are based on 9 latest salaries received from various employees of FirstRand Bank India.

How does the salary of a Quantitative Analyst at FirstRand Bank India compare with the average salary range for this job?

The average salary of a Quantitative Analyst at FirstRand Bank is 38% more than the average salary of a Quantitative Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than FirstRand Bank to a Quantitative Analyst in India?

Morgan Stanley Quantitative Analyst Salary - ₹15.9 Lakhs to ₹52.0 Lakhs per year
Goldman Sachs Quantitative Analyst Salary - ₹24.0 Lakhs to ₹37.0 Lakhs per year
Nomura Holdings Quantitative Analyst Salary - ₹9.0 Lakhs to ₹51.6 Lakhs per year
Deutsche Bank Quantitative Analyst Salary - ₹15.1 Lakhs to ₹34.0 Lakhs per year
HSBC Group Quantitative Analyst Salary - ₹22.3 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Quantitative Analyst in companies similar to FirstRand Bank in India?

Axis Bank Quantitative Analyst Salary - ₹19.0 Lakhs to ₹25.0 Lakhs per year
Barclays Quantitative Analyst Salary - ₹18.0 Lakhs to ₹32.0 Lakhs per year
UBS Quantitative Analyst Salary - ₹7.7 Lakhs to ₹28.0 Lakhs per year

What is the estimated take home salary of a Quantitative Analyst at FirstRand Bank in India?

The estimated take-home salary of a Quantitative Analyst at FirstRand Bank ranges between ₹1,59,616 per month to ₹1,65,697 per month in India. The take-home salary calculation is based on the average FirstRand Bank Quantitative Analyst salary in India which ranges between ₹12.0 Lakhs to ₹39.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Quantitative Analyst at FirstRand Bank?

According to AmbitionBox, 80% of the FirstRand Bank Quantitative Analysts reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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FirstRand Bank Quantitative Analyst Salaries

FirstRand Bank Quantitative Analyst salary in India ranges between ₹12 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 FirstRand Bank latest salaries received from various employees of FirstRand Bank.