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HDFC Bank Business Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 13 years exp.
₹5 Lakhs - ₹17 Lakhs
Salary of majority employees
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6% more than the average Business Analyst Salary in Banking Companies for 0 - 13 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
0 - 13 years exp. (128 salaries)
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₹4.5 L/yr - ₹17 L/yr

Engineering - Software & QA
Business Analyst Salary
1 - 11 years exp. (43 salaries)
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₹5 L/yr - ₹18 L/yr

Project & Program Management
Business Analyst Salary
0 - 11 years exp. (31 salaries)
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₹5.8 L/yr - ₹20.4 L/yr

BFSI, Investments & Trading
Business Analyst Salary
1 - 13 years exp. (28 salaries)
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₹4.7 L/yr - ₹16 L/yr

IT & Information Security
Business Analyst Salary
0 - 13 years exp. (21 salaries)
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₹5.8 L/yr - ₹16 L/yr

View all

Last Updated: 23 Mar 2025

Companies similar to HDFC Bank for Business Analyst in Mumbai

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HDFC Bank Business Analyst Salary

0 - 13 years exp. (346 salaries)

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₹5 L/yr - ₹17 L/yr

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Company name Avg Annual Salary Open Jobs
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Axis Bank Business Analyst Salary

0 - 10 years exp. (274 salaries)

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₹5.9 L/yr - ₹18.5 L/yr

arrow icon 4% more
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ICICI Bank Business Analyst Salary

0 - 12 years exp. (153 salaries)

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₹4 L/yr - ₹16.7 L/yr

arrow icon 15% less
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Kotak Mahindra Bank Business Analyst Salary

1 - 10 years exp. (150 salaries)

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₹10 L/yr - ₹18.5 L/yr

arrow icon 3% less
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IDFC FIRST Bank Business Analyst Salary

2 - 10 years exp. (81 salaries)

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₹6 L/yr - ₹24.5 L/yr

arrow icon 32% more
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RBL Bank Business Analyst Salary

1 - 7 years exp. (37 salaries)

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₹4 L/yr - ₹16.5 L/yr

arrow icon 16% less
1 job opening
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Yes Bank Business Analyst Salary

1 - 10 years exp. (36 salaries)

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₹3.5 L/yr - ₹12.9 L/yr

arrow icon 29% less
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IndusInd Bank Business Analyst Salary

2 - 11 years exp. (32 salaries)

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₹4 L/yr - ₹14.1 L/yr

arrow icon 15% less
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State Bank of India Business Analyst Salary

4 - 11 years exp. (7 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 35% more
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₹5.5 L/yr - ₹15 L/yr

At par
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₹8.1 L/yr - ₹13.4 L/yr

arrow icon 15% more
Business Analyst salary at HDFC Bank ranges between ₹5 Lakhs to ₹17 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 346 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Business Analyst in Mumbai

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Experience wise HDFC Bank Business Analyst salaries in Mumbai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹3.5 L/yr - ₹12 L/yr
1 year  (23 salaries)

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₹3.9 L/yr - ₹12.4 L/yr
2 years  (28 salaries)

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₹3.6 L/yr - ₹12 L/yr
3 years  (22 salaries)

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₹3.8 L/yr - ₹13 L/yr
4 years  (24 salaries)

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₹4.5 L/yr - ₹13.5 L/yr
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Similar Designation salaries in HDFC Bank

Data Analyst Salary
(98 salaries)
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₹1.7 L/yr - ₹10.8 L/yr
Project Manager Salary
(75 salaries)
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₹6 L/yr - ₹23 L/yr
Data Scientist Salary
(61 salaries)
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₹7.72 L/yr - ₹23.1 L/yr
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₹8.02 L/yr - ₹30 L/yr
Analyst Salary
(27 salaries)
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₹4.21 L/yr - ₹16.73 L/yr
Team Lead Salary
(25 salaries)
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₹1.15 L/yr - ₹8.35 L/yr
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₹2.2 L/yr - ₹10.75 L/yr
Senior Analyst Salary
(7 salaries)
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₹3.9 L/yr - ₹13 L/yr
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₹5.75 L/yr - ₹13 L/yr
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₹10.71 L/yr - ₹11.28 L/yr

Top skills at HDFC Bank for Business Analyst

Business Analysis SQL Power Bi Python Cube UAT IT Business Analysis Basel Business Analytics Project Management API Integration Credit Risk Payment Gateways Business Analysis Core Banking Solution

Salary related reviews for HDFC Bank

3.1

Rated by 26 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 15 Feb 2025

2.0
 for  Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 09 Feb 2025

2.0
 for  Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

  • Skill development - Good
  • +1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Dec 2024

3.0
 for  Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

read more
  • Skill development - Good
  • +1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
  • +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HDFC Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at HDFC Bank in Mumbai?
The average salary of a Business Analyst at HDFC Bank in Mumbai typically ranges from ₹5.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Business Analyst in Mumbai at HDFC Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Business Analyst Salaries at HDFC 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 estimates are based on salary data submitted by 300+ HDFC Bank employees in India.
What is the estimated take home salary of a Business Analyst at HDFC Bank in Mumbai?
The estimated take-home salary of a Business Analyst at HDFC Bank in Mumbai typically ranges from ₹79,294 to ₹81,357 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from Fresher to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 300+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at HDFC Bank in Mumbai?
To be a Business Analyst at HDFC Bank in Mumbai, the key skills required include:

  • - Business Analysis
  • - SQL
  • - Power Bi
  • - Python
  • - Cube

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Business Analyst in India?
State Bank of India ₹6.0 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank ₹6.0 Lakhs to ₹24.5 Lakhs per year
HSBC Global Banking and Markets ₹8.1 Lakhs to ₹13.4 Lakhs per year
Axis Bank ₹5.9 Lakhs to ₹18.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to HDFC Bank in Mumbai?
The salary of a Business Analyst at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹5.5 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank ₹10.0 Lakhs to ₹18.5 Lakhs per year
IndusInd Bank ₹4.0 Lakhs to ₹14.1 Lakhs per year
ICICI Bank ₹4.0 Lakhs to ₹16.7 Lakhs per year
RBL Bank ₹4.0 Lakhs to ₹16.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Analyst at HDFC Bank in Mumbai?
The salary growth for a Business Analyst at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹3.5 Lakhs to ₹12.0 Lakhs per year
1 year ₹3.9 Lakhs to ₹12.4 Lakhs per year
2 years ₹3.6 Lakhs to ₹12.0 Lakhs per year
3 years ₹3.8 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Business Analyst salary in Mumbai ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 346 HDFC Bank latest salaries received from various employees of HDFC Bank.