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ICICI Bank Business Analyst salaries in Indore (Updated 2025)

Annual salary range
0 - 12 years exp.
₹6 Lakhs - ₹19 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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16% more than the average Business Analyst Salary in Banking Companies for 0 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
8 - 11 years exp. (4 salaries)
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₹6 L/yr - ₹19 L/yr

Finance & Accounting
Business Analyst Salary
0 - 2 years exp. (3 salaries)
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₹10 L/yr - ₹11 L/yr

BFSI, Investments & Trading
Business Analyst Salary
12 years exp. (AmbitionBox Estimate)
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₹10.5 L/yr - ₹14.9 L/yr

Product Management
Business Analyst Salary
6 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹15.1 L/yr

Last Updated: 9 Jan 2025

Companies similar to ICICI Bank for Business Analyst in Indore

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ICICI Bank Business Analyst Salary

0 - 12 years exp. (10 salaries)

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₹6 L/yr - ₹19 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Business Analyst Salary

5 - 9 years exp. (4 salaries)

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₹6.9 L/yr - ₹14.2 L/yr

arrow icon 24% more
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Canara Bank Business Analyst Salary

4 - 10 years exp. (3 salaries)

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₹9 L/yr - ₹22 L/yr

arrow icon 50% more
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DXC Technology Business Analyst Salary

1 - 10 years exp. (104 salaries)

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₹3 L/yr - ₹14 L/yr

arrow icon 27% less
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₹2.1 L/yr - ₹6 L/yr

arrow icon 57% less
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Potomac Technologies Business Analyst Salary

2 - 7 years exp. (22 salaries)

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₹3.9 L/yr - ₹10.5 L/yr

arrow icon 32% less
Business Analyst salary at ICICI Bank ranges between ₹6 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 10 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Business Analyst in Indore

2mo ago
₹19 Lakhs
11 years exp.
4mo ago
₹11 Lakhs
2 years exp.
8mo ago
₹10.5 Lakhs
12 years exp.
10mo ago
₹16 Lakhs
10 years exp.
11mo ago
₹11 Lakhs
1 year exp.
1y ago
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9 years exp.

Experience wise ICICI Bank Business Analyst salaries in Indore

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
1 year (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
2 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr
3 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.8 L/yr
4 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
View all
ICICI Bank Business Analyst Salary and Career Growth

From

To

Business Analyst

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0 - 12 years exp.

Senior Business Analyst

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9 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Bank

Team Lead Salary
(30 salaries)
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₹1.1 L/yr - ₹7.5 L/yr
Data Analyst Salary
(6 salaries)
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₹4 L/yr - ₹10.88 L/yr

Top skills at ICICI Bank for Business Analyst

SDLC Business Analysis Weblogic Websphere JIRA Oracle UAT Application Development Test Cases Finance Software Design Loans Javascript SQL Server Project Management

Salary related reviews for ICICI Bank

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Jun 2023

2.0
 for  Salary and Benefits

Likes

Work life balance and job securities

  • Job security - Good
  • +1 more

Dislikes

Job security id there so anyone can survive if they are not performing too, salary is low and promotion and appraisal is rare if you are not from sponsored/Tie up colleges.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 04 Aug 2021

3.0
 for  Salary and Benefits

Likes

If you are a fresher then it's one of the best place to work with. You get get overall knowledge of banking industry. If you are a self motivated person then it's best for you because over here no one spoon feed you majority of the time you have to come up with your own strategy. It will be challenging job.. Overall work culture is great and you will come across good people. Plz note you will get a sales job if you get hired in retail banking. Things you will learn here: 1. Customer service 2. Communication skills 3. Financial Advising 4. Team management 5. Leadership skills 6. Telecommunications 7. Sales (most of people can't do this so be sure you are ready to sell every product that a banks offer). They will give you ample of time to settle yourself and HR policy of icici group is very strong 💪

read more
  • Skill development - Good
  • +2 more

Dislikes

1.Low salary which demotivates employees. 2. Lack of knowledge in your peers members 3. Infrastructure is too bad at some branch . At some point of time you will face alot of issues like connectivity issues and all. 4. No proper training to employees.

read more
  • Work satisfaction - Poor
  • +1 more

Data Science & Analytics Department

3.0
  •  posted on 05 Feb 2021

1.0
 for  Salary and Benefits

Likes

Good work environment, Teammates are supportive. However it lacks recreational activities and its only work work work. Also benefits and perks are not matched with other competitors. During covid ICICI gave very less bonus and 0% hike. Also I work in digital channels but still I am not allowed to work from my home town. I had to work from my base city instead of my home town.

read more
  • Job security - Excellent

Dislikes

...er growth, Learning opportunities are very few. No job training for new joinees. Low salary for the job profile.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security

  • Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 05 Nov 2024

3.0
 for  Salary and Benefits

Likes

I like work environment as well as there is we can more banking knowledge and we can improve our SQL domain skills like in SQL and ms office as well as sas

read more
  • Job security - Excellent
  • +2 more

Dislikes

There is no support from mangers and I'm totally dissatisfied with salary package and increment and we should work compulsory from office

read more
see more salary related reviews

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ICICI Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at ICICI Bank in Indore?
The average salary of a Business Analyst at ICICI Bank in Indore typically ranges from ₹6.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Business Analyst in Indore at ICICI Bank earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Business Analyst Salaries at ICICI 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 10 ICICI Bank employees in India.
What is the estimated take home salary of a Business Analyst at ICICI Bank in Indore?
The estimated take-home salary of a Business Analyst at ICICI Bank in Indore typically ranges from ₹76,859 to ₹78,853 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 10 salaries received from various employees of ICICI 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 ICICI Bank in Indore?
To be a Business Analyst at ICICI Bank in Indore, the key skills required include:

  • - SDLC
  • - Business Analysis
  • - Weblogic
  • - Websphere
  • - JIRA

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Bank for Business Analyst in India?
Canara Bank ₹9.0 Lakhs to ₹22.0 Lakhs per year
IDFC FIRST Bank ₹6.9 Lakhs to ₹14.2 Lakhs per year

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

DXC Technology ₹3.0 Lakhs to ₹14.0 Lakhs per year
Potomac Technologies ₹3.9 Lakhs to ₹10.5 Lakhs per year
Codiant Software Technologies ₹2.1 Lakhs to ₹6.0 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 ICICI Bank in Indore?
The salary growth for a Business Analyst at ICICI Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Indore can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
Fresher ₹9.9 Lakhs to ₹12.7 Lakhs per year
1 year ₹9.3 Lakhs to ₹11.9 Lakhs per year
2 years ₹8.8 Lakhs to ₹11.2 Lakhs per year
3 years ₹8.5 Lakhs to ₹10.8 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Business Analyst salary in Indore ranges between ₹6 Lakhs to ₹19 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 ICICI Bank latest salaries received from various employees of ICICI Bank.