HDFC Bank Mumbai Business Analyst Salaries by 300+ Employees (Updated 2025)

0 - 13 years exp.

₹5 Lakhs - ₹17 Lakhs

Salary of majority employees

Fixed (88%)

₹9.5 Lakhs

Variable (12%)

₹1.3 Lakh

5% more than the average Business Analyst Salary in Banking Companies for 0 - 13 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 0 - 13 years exp. (132 salaries)	₹4.3 L/yr - ₹17 L/yr
Engineering - Software & QA Business Analyst Salary 1 - 11 years exp. (41 salaries)	₹5 L/yr - ₹18 L/yr
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Project & Program Management Business Analyst Salary 0 - 11 years exp. (30 salaries)	₹5.8 L/yr - ₹20.5 L/yr
BFSI, Investments & Trading Business Analyst Salary 1 - 13 years exp. (27 salaries)	₹5.9 L/yr - ₹16.1 L/yr
IT & Information Security Business Analyst Salary 1 - 13 years exp. (20 salaries)	₹5.8 L/yr - ₹16 L/yr

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Last Updated: 2 Mar 2025

Companies similar to HDFC Bank for Business Analyst in Mumbai

HDFC Bank Business Analyst Salary

0 - 13 years exp. (331 salaries)

₹5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Analyst Salary 0 - 12 years exp. (152 salaries)	₹4 L/yr - ₹16.2 L/yr 11% less
Axis Bank Business Analyst Salary 1 - 10 years exp. (248 salaries)	₹5 L/yr - ₹19 L/yr At par
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State Bank of India Business Analyst Salary 4 - 11 years exp. (7 salaries)	₹6 L/yr - ₹25 L/yr 37% more
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (150 salaries)	₹4.2 L/yr - ₹17 L/yr 3% less
Yes Bank Business Analyst Salary 1 - 10 years exp. (39 salaries)	₹2.7 L/yr - ₹12.9 L/yr 30% less
IndusInd Bank Business Analyst Salary 2 - 10 years exp. (30 salaries)	₹4 L/yr - ₹15 L/yr 17% less
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (78 salaries)	₹6.5 L/yr - ₹24.5 L/yr 37% more
Bank of Baroda Business Analyst Salary 5 - 10 years exp. (5 salaries)	₹7 L/yr - ₹20 L/yr 26% more
HDFC Life Business Analyst Salary 1 - 8 years exp. (21 salaries)	₹3.2 L/yr - ₹11.1 L/yr 34% less
Bajaj Allianz Life Insurance Business Analyst Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹16.5 L/yr 33% more
ICICI Prudential Life Insurance Business Analyst Salary 0 - 6 years exp. (20 salaries)	₹3.5 L/yr - ₹11.1 L/yr 23% less
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TCS Business Analyst Salary 0 - 13 years exp. (1.1k salaries)	₹3.8 L/yr - ₹15 L/yr 17% less
Infosys Business Analyst Salary 1 - 10 years exp. (76 salaries)	₹4 L/yr - ₹15 L/yr 14% less	16 job openings
Wipro Business Analyst Salary 0 - 13 years exp. (274 salaries)	₹3.7 L/yr - ₹16 L/yr 15% less	24 job openings
Accenture Business Analyst Salary 0 - 11 years exp. (376 salaries)	₹4 L/yr - ₹17 L/yr 8% less	77 job openings
Capgemini Business Analyst Salary 1 - 12 years exp. (181 salaries)	₹4.2 L/yr - ₹18.9 L/yr 4% more	17 job openings
Deloitte Business Analyst Salary 0 - 7 years exp. (96 salaries)	₹4.8 L/yr - ₹15.5 L/yr 1% less
Ernst & Young Business Analyst Salary 2 - 10 years exp. (34 salaries)	₹8.6 L/yr - ₹24.8 L/yr 32% more	1 job opening
KPMG India Business Analyst Salary 0 - 6 years exp. (13 salaries)	₹6.7 L/yr - ₹17.1 L/yr 3% less	1 job opening
PwC Business Analyst Salary 1 - 8 years exp. (17 salaries)	₹8 L/yr - ₹19.5 L/yr 10% more	7 job openings

View all

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 331 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Business Analyst salaries in Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.5 L/yr - ₹11 L/yr
1 year (21 salaries)	₹3.9 L/yr - ₹12.4 L/yr
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2 years (28 salaries)	₹3.6 L/yr - ₹12 L/yr
3 years (22 salaries)	₹3.5 L/yr - ₹13 L/yr
4 years (25 salaries)	₹4.5 L/yr - ₹13.5 L/yr
5 years (39 salaries)	₹5 L/yr - ₹17 L/yr
6 years (41 salaries)	₹5.1 L/yr - ₹18.7 L/yr
7 years (38 salaries)	₹4.7 L/yr - ₹20 L/yr
8 years (33 salaries)	₹4.9 L/yr - ₹21 L/yr
9 years (25 salaries)	₹6.5 L/yr - ₹17 L/yr
10 years (22 salaries)	₹7 L/yr - ₹23 L/yr
11 years (15 salaries)	₹9.5 L/yr - ₹22.6 L/yr
12 years (12 salaries)	₹9.5 L/yr - ₹22.5 L/yr
13 years (4 salaries)	₹15 L/yr - ₹17 L/yr

View all

Similar Designation salaries in HDFC Bank

Data Analyst Salary

(99 salaries)

₹1.7 L/yr - ₹10.77 L/yr

Data Scientist Salary

(70 salaries)

₹9 L/yr - ₹24 L/yr

Project Manager Salary

(70 salaries)

₹6 L/yr - ₹20.5 L/yr

Senior Business Analyst Salary

(42 salaries)

₹8.02 L/yr - ₹30 L/yr

Analyst Salary

(28 salaries)

₹8.43 L/yr - ₹17.7 L/yr

Team Lead Salary

(27 salaries)

₹1.15 L/yr - ₹8.35 L/yr

Senior Associate Salary

(9 salaries)

₹2.2 L/yr - ₹10.75 L/yr

Senior Analyst Salary

(7 salaries)

₹3.9 L/yr - ₹13 L/yr

Research Analyst Salary

(6 salaries)

₹5.75 L/yr - ₹13 L/yr

Senior Data Analyst Salary

(4 salaries)

₹10.71 L/yr - ₹11.28 L/yr

Top skills at HDFC Bank for Business Analyst

Business Analysis SQL Power Bi Python Cube UAT Basel Business Analytics Project Management Credit Risk Business Analysis IT Business Analysis Brd API Integration bfsi

Salary related reviews for HDFC Bank

3.1

Rated by 26 employees for salary & benefits

Assistant Vice President in Hyderabad / Secunderabad

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

Salary - Poor

+4 more

Deputy Manager in Guwahati (working remotely)

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.

Salary - Poor

+1 more

Assistant Vice President in Mumbai

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.

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.

Promotions - Poor

+3 more

Deputy Manager in Chennai

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

Deputy Manager in Bhopal

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

Salary - Poor

+5 more

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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HDFC Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at HDFC Bank Mumbai?

Business Analyst salary at HDFC Bank in Mumbai ranges between ₹5.0 Lakhs to ₹17.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 5% more than the average Business Analyst Salary in India. Salary estimates are based on 331 latest salaries received from various employees of HDFC Bank Mumbai.

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

The average salary of a Business Analyst at HDFC Bank is 5% more than the average salary of a Business Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Analyst at HDFC Bank?

Business Analysis, SQL, Power Bi, Python and Cube are some of the popular skills required to work as a Business Analyst at HDFC Bank Mumbai.

Which similar companies are paying more than HDFC Bank to a Business Analyst in Mumbai?

State Bank of India Business Analyst Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
IDFC FIRST Bank Business Analyst Salary - ₹6.5 Lakhs to ₹24.5 Lakhs per year
Bajaj Allianz Life Insurance Business Analyst Salary - ₹6.0 Lakhs to ₹16.5 Lakhs per year
IBM Business Analyst Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Ernst & Young Business Analyst Salary - ₹8.6 Lakhs to ₹24.8 Lakhs per year

What is the salary of a Business Analyst in companies similar to HDFC Bank in Mumbai?

Bank of Baroda Business Analyst Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
HSBC Global Banking and Markets Business Analyst Salary - ₹8.1 Lakhs to ₹12.7 Lakhs per year
PwC Business Analyst Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Capgemini Business Analyst Salary - ₹4.2 Lakhs to ₹18.9 Lakhs per year
Cognizant Business Analyst Salary - ₹4.5 Lakhs to ₹18.5 Lakhs per year

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 ranges between ₹77,494 per month to ₹79,506 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Business Analyst salary in India which ranges between ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at HDFC Bank in Mumbai?

According to AmbitionBox, 41% of the HDFC Bank Business Analysts in Mumbai reported a notice period of 1 Month, 41% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 165 responses on AmbitionBox in last 2 years.

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HDFC Bank Business Analyst Salaries in Mumbai

HDFC Bank Business Analyst salary in Mumbai ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 331 HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Business Analyst salaries in Mumbai (Updated 2025)

Companies similar to HDFC Bank for Business Analyst in Mumbai

Latest annual salaries shared by HDFC Bank Business Analyst in Mumbai

Experience wise HDFC Bank Business Analyst salaries in Mumbai

Similar Designation salaries in HDFC Bank

Top skills at HDFC Bank for Business Analyst

Salary related reviews for HDFC Bank

Assistant Vice President in Hyderabad / Secunderabad

Deputy Manager in Guwahati (working remotely)

Assistant Vice President in Mumbai

Deputy Manager in Chennai

Deputy Manager in Bhopal

HDFC Bank Business Analyst Salary FAQs

Tell us how to improve this page.