HDFC Bank Mumbai Risk Analyst Salaries by 8 Employees (Updated 2025)

1 - 3 years exp.

₹2.5 Lakhs - ₹4.3 Lakhs

Salary of majority employees

55% less than the average Risk Analyst Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Data Science & Analytics Risk Analyst Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Risk Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.5 L/yr
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Finance & Accounting Risk Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.2 L/yr
Risk Management & Compliance Risk Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDFC Bank for Risk Analyst in Mumbai

HDFC Bank Risk Analyst Salary

1 - 3 years exp. (8 salaries)

₹2.5 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Risk Analyst Salary 0 - 6 years exp. (61 salaries)	₹6 L/yr - ₹21.8 L/yr 254% more
Axis Bank Risk Analyst Salary 0 - 4 years exp. (32 salaries)	₹5.3 L/yr - ₹15.9 L/yr 127% more
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Kotak Mahindra Bank Risk Analyst Salary 0 - 8 years exp. (11 salaries)	₹1.8 L/yr - ₹5.2 L/yr 24% less
Yes Bank Risk Analyst Salary 2 - 4 years exp. (4 salaries)	₹3.7 L/yr - ₹4.7 L/yr 3% more
IDFC FIRST Bank Risk Analyst Salary 0 - 7 years exp. (14 salaries)	₹2.2 L/yr - ₹8.8 L/yr 10% more
IndusInd Bank Risk Analyst Salary 2 - 7 years exp. (7 salaries)	₹7.7 L/yr - ₹17.5 L/yr 216% more
Utkarsh Small Finance Bank Risk Analyst Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 41% less

Risk Analyst salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 8 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Risk Analyst salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹8.2 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹7 L/yr
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3 years (6 salaries)	₹2.5 L/yr - ₹7.3 L/yr

Similar Designation salaries in HDFC Bank

Business Analyst Salary

(330 salaries)

₹5 L/yr - ₹17 L/yr

Data Analyst Salary

(104 salaries)

₹1.7 L/yr - ₹9 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 Analyst Salary

(7 salaries)

₹3.9 L/yr - ₹13 L/yr

Research Analyst Salary

(6 salaries)

₹5.75 L/yr - ₹13 L/yr

MIS Analyst Salary

(6 salaries)

₹1.75 L/yr - ₹5.1 L/yr

Senior Data Analyst Salary

(4 salaries)

₹12.3 L/yr - ₹12.87 L/yr

Programmer Analyst Salary

(3 salaries)

₹7.1 L/yr - ₹12.05 L/yr

Top skills at HDFC Bank for Risk Analyst

Risk Analysis Credit Risk Basel Credit Policy Excel Operations Powerpoint Banking Analysis Management Cross Selling Collections Data Analysis Risk Management portfolio

Salary related reviews for HDFC Bank

2.7

Rated by 7 employees for salary & benefits

Risk Analyst in Mumbai

Risk Management Department

4.0

• posted on 23 Apr 2021

4.0

for Salary and Benefits

Likes

...project opportunities and exposure to multiple technical tools to have hands on. Good compensation and job security.

Salary - Good

+5 more

Dislikes

Too much hierarchy for arriving at decisions causing lack of decision making at lower level profiles. Also, lack of work life balance since work from home kind scenario has started.

Risk Analyst in Mumbai

Treasury Operations Department

3.0

• posted on 25 Jul 2021

3.0

for Salary and Benefits

Likes

Overall a good experience. Working culture is good where you can learn a lot . Technology and initiative involved to make a good place to work.

Skill development - Excellent

+2 more

Dislikes

Long working hours and salary structure. .paid below average

Work-life balance - Poor

Risk Analyst in Mumbai

Risk Analytics Unit Department

5.0

• posted on 30 Mar 2021

5.0

for Salary and Benefits

Likes

Good work culture...work pressure is hectic. lots of opportunities to learn and upgrade to new skill.

Salary - Excellent

+5 more

Dislikes

Managers are harsh. No work life balance. Discrimination noted in compensation and salary to peers and self.

Risk Analyst in Kanpur

BFSI, Investments & Trading Department

5.0

• posted on 28 Jul 2020

4.0

for Salary and Benefits

Likes

Good experince, during lock down hdfc do t cut any employee Salary, and gave promotions too.

Salary - Good

+4 more

Dislikes

I AM working with hdfc Bank as a hdb employee since 4years , but I See no promotion or no increment for off Roll staff, no value for his HBD , adfc or hbl staff, only promote his on Roll MANAGERS only.

Job security - Poor

+1 more

Senior Data Analyst in Bawal

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 10 Sep 2023

5.0

for Salary and Benefits

Likes

...rk-Life Balance 2. Positive Atmosphere 3. Flexibility 4. Growth Opportunities 5. Competitive Compensation 6. Supportive Team 7. Professional Development 8. Employee Benefits 9. Innovation 10. Diversity and Inclusion These are some aspects that employees might find favorable in their experience at HDFC Bank.

Salary - Excellent

+6 more

Dislikes

It's great to hear that you have no dislikes about working at HDFC Bank. Job satisfaction is important, and it's wonderful when employees have positive experiences.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HDFC Bank Risk Analyst Salary FAQs

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

Risk Analyst salary at HDFC Bank in Mumbai ranges between ₹2.5 Lakhs to ₹4.3 Lakhs for experience between 1 years to 3 years. According to our estimates it is 55% less than the average Risk Analyst Salary in India. Salary estimates are based on 8 latest salaries received from various employees of HDFC Bank Mumbai.

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

The average salary of a Risk Analyst at HDFC Bank is 55% less than the average salary of a Risk Analyst in Mumbai. To know exact salary insights, login to view.

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

Risk Analysis, Credit Risk, Basel, Credit Policy and Excel are some of the popular skills required to work as a Risk Analyst at HDFC Bank Mumbai.

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

ICICI Bank Risk Analyst Salary - ₹6.0 Lakhs to ₹21.8 Lakhs per year
IndusInd Bank Risk Analyst Salary - ₹7.7 Lakhs to ₹17.5 Lakhs per year
Axis Bank Risk Analyst Salary - ₹5.3 Lakhs to ₹15.9 Lakhs per year
IDFC FIRST Bank Risk Analyst Salary - ₹2.2 Lakhs to ₹8.8 Lakhs per year
Yes Bank Risk Analyst Salary - ₹3.7 Lakhs to ₹4.7 Lakhs per year

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

Kotak Mahindra Bank Risk Analyst Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
Utkarsh Small Finance Bank Risk Analyst Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Risk Analyst at HDFC Bank in Mumbai?

The estimated take-home salary of a Risk Analyst at HDFC Bank ranges between ₹29,905 per month to ₹31,221 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Risk Analyst salary in India which ranges between ₹2.5 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HDFC Bank Risk Analysts in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 15 responses on AmbitionBox in last 2 years.

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HDFC Bank Risk Analyst Salaries in Mumbai

HDFC Bank Risk Analyst salary in Mumbai ranges between ₹2.5 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 HDFC Bank latest salaries received from various employees of HDFC Bank.