FirstRand Bank Mumbai Quantitative Analyst Salaries by 5 Employees (Updated 2025)

2 - 7 years exp.

₹12 Lakhs - ₹39 Lakhs

Salary of majority employees

36% more than the average Quantitative Analyst Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Quantitative Analyst Salary 2 - 7 years exp. (3 salaries)	₹12 L/yr - ₹39 L/yr
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BFSI, Investments & Trading Quantitative Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹18.2 L/yr - ₹30 L/yr

Last Updated: 7 Nov 2024

Companies similar to FirstRand Bank for Quantitative Analyst in Mumbai

FirstRand Bank Quantitative Analyst Salary

2 - 7 years exp. (5 salaries)

₹12 L/yr - ₹39 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Quantitative Analyst Salary 0 - 6 years exp. (4 salaries)	₹15.9 L/yr - ₹52 L/yr 41% more
Barclays Quantitative Analyst Salary 1 - 3 years exp. (3 salaries)	₹16.3 L/yr - ₹25 L/yr 7% less
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UBS Quantitative Analyst Salary 0 - 4 years exp. (36 salaries)	₹10 L/yr - ₹28 L/yr 20% less
Nomura Holdings Quantitative Analyst Salary 0 - 6 years exp. (3 salaries)	₹9 L/yr - ₹37 L/yr 9% less
Dolat Capital Market Quantitative Analyst Salary 0 - 5 years exp. (30 salaries)	₹9 L/yr - ₹27 L/yr 31% 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 5 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Quantitative Analyst salaries in Mumbai

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹12 L/yr - ₹32.9 L/yr
3 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.8 L/yr
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4 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.7 L/yr
5 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹30 L/yr
6 years (AmbitionBox Estimate)	₹26 L/yr - ₹50.7 L/yr
7 years (AmbitionBox Estimate)	₹30 L/yr - ₹39 L/yr

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Similar Designation salaries in FirstRand Bank

Software Engineer Salary

(5 salaries)

₹25 L/yr - ₹40.5 L/yr

Data Engineer Salary

(4 salaries)

₹15 L/yr - ₹31 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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FirstRand Bank Quantitative Analyst Salary FAQs

What is the salary of Quantitative Analyst at FirstRand Bank Mumbai?

Quantitative Analyst salary at FirstRand Bank in Mumbai ranges between ₹12.0 Lakhs to ₹39.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 36% more than the average Quantitative Analyst Salary in India. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank Mumbai.

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

The average salary of a Quantitative Analyst at FirstRand Bank is 36% more than the average salary of a Quantitative Analyst in Mumbai. To know exact salary insights, login to view.

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

Morgan Stanley Quantitative Analyst Salary - ₹15.9 Lakhs to ₹52.0 Lakhs per year

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

Barclays Quantitative Analyst Salary - ₹16.3 Lakhs to ₹25.0 Lakhs per year
Nomura Holdings Quantitative Analyst Salary - ₹9.0 Lakhs to ₹37.0 Lakhs per year
UBS Quantitative Analyst Salary - ₹10.0 Lakhs to ₹28.0 Lakhs per year
Dolat Capital Market Quantitative Analyst Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year

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

The estimated take-home salary of a Quantitative Analyst at FirstRand Bank ranges between ₹1,55,502 per month to ₹1,61,397 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the FirstRand Bank Quantitative Analysts in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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FirstRand Bank Quantitative Analyst Salaries in Mumbai

FirstRand Bank Quantitative Analyst salary in Mumbai ranges between ₹12 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 FirstRand Bank latest salaries received from various employees of FirstRand Bank.