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ICICI Bank Business Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 12 years exp.
₹4 Lakhs - ₹16 Lakhs
Salary of majority employees
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7% less than the average Business Analyst Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
0 - 12 years exp. (56 salaries)
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₹4.1 L/yr - ₹16.5 L/yr

Project & Program Management
Business Analyst Salary
1 - 12 years exp. (15 salaries)
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₹5 L/yr - ₹14.2 L/yr

BFSI, Investments & Trading
Business Analyst Salary
1 - 8 years exp. (11 salaries)
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₹4.5 L/yr - ₹13 L/yr

Finance & Accounting
Business Analyst Salary
0 - 7 years exp. (8 salaries)
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₹8.7 L/yr - ₹12 L/yr

Engineering - Software & QA
Business Analyst Salary
1 - 6 years exp. (7 salaries)
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₹3.8 L/yr - ₹15.1 L/yr

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Last Updated: 5 Mar 2025

Companies similar to ICICI Bank for Business Analyst in Mumbai

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ICICI Bank Business Analyst Salary

0 - 12 years exp. (152 salaries)

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₹4 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Business Analyst Salary

0 - 13 years exp. (341 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 12% more
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Axis Bank Business Analyst Salary

0 - 10 years exp. (269 salaries)

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₹4.5 L/yr - ₹19 L/yr

arrow icon 11% more
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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 54% more
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Kotak Mahindra Bank Business Analyst Salary

1 - 10 years exp. (150 salaries)

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₹4.2 L/yr - ₹17 L/yr

arrow icon 9% more
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Yes Bank Business Analyst Salary

1 - 10 years exp. (39 salaries)

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₹2.7 L/yr - ₹12.9 L/yr

arrow icon 22% less
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Standard Chartered Business Analyst Salary

5 - 10 years exp. (8 salaries)

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₹10.6 L/yr - ₹19 L/yr

arrow icon 92% more
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IDFC FIRST Bank Business Analyst Salary

2 - 10 years exp. (78 salaries)

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₹6.5 L/yr - ₹24.5 L/yr

arrow icon 53% more
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RBL Bank Business Analyst Salary

1 - 8 years exp. (36 salaries)

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₹3.6 L/yr - ₹14.2 L/yr

arrow icon 8% less
1 job opening
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Barclays Business Analyst Salary

0 - 11 years exp. (52 salaries)

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₹8 L/yr - ₹26.5 L/yr

arrow icon 70% more
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IndusInd Bank Business Analyst Salary

2 - 11 years exp. (32 salaries)

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₹4 L/yr - ₹15.9 L/yr

arrow icon 3% less
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Deutsche Bank Business Analyst Salary

1 - 15 years exp. (23 salaries)

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₹6.3 L/yr - ₹24 L/yr

arrow icon 40% more
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Bank of America Business Analyst Salary

2 - 12 years exp. (22 salaries)

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₹8 L/yr - ₹27.3 L/yr

arrow icon 73% more
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Bank of Baroda Business Analyst Salary

5 - 10 years exp. (5 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 41% more
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DBS Bank Business Analyst Salary

4 - 11 years exp. (4 salaries)

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₹8.8 L/yr - ₹17.5 L/yr

arrow icon 12% more
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₹3.9 L/yr - ₹4.5 L/yr

arrow icon 58% less
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₹3.5 L/yr - ₹10.2 L/yr

arrow icon 31% less

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Business Analyst salary at ICICI Bank ranges between ₹4 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 152 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Business Analyst in Mumbai

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Experience wise ICICI Bank Business Analyst salaries in Mumbai

Last Updated: 5 Mar 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹10 L/yr - ₹11.5 L/yr
1 year  (23 salaries)

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₹4.2 L/yr - ₹16 L/yr
2 years  (33 salaries)

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₹3.9 L/yr - ₹14.4 L/yr
3 years  (29 salaries)

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₹4 L/yr - ₹15.1 L/yr
4 years  (14 salaries)

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₹4.7 L/yr - ₹12 L/yr
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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
(159 salaries)
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₹1 L/yr - ₹9.4 L/yr
Project Manager Salary
(73 salaries)
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₹6.84 L/yr - ₹29.58 L/yr
Analyst Salary
(28 salaries)
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₹6.27 L/yr - ₹18.1 L/yr
Data Analyst Salary
(25 salaries)
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₹2.5 L/yr - ₹12 L/yr
Data Scientist Salary
(8 salaries)
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₹5.6 L/yr - ₹23.5 L/yr
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₹11.45 L/yr - ₹19 L/yr
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₹9 L/yr - ₹18 L/yr
Senior Analyst Salary
(3 salaries)
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₹1.75 L/yr - ₹7.44 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
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Salary related reviews for ICICI Bank

4.0

Rated by 13 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
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ICICI Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at ICICI Bank Mumbai?
Business Analyst salary at ICICI Bank in Mumbai ranges between ₹4.0 Lakhs to ₹16.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 7% less than the average Business Analyst Salary in India. Salary estimates are based on 152 latest salaries received from various employees of ICICI Bank Mumbai.
How does the salary of a Business Analyst at ICICI Bank Mumbai compare with the average salary range for this job?
The average salary of a Business Analyst at ICICI Bank is 7% less 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 ICICI Bank?
SDLC, Business Analysis, Weblogic, Websphere and JIRA are some of the popular skills required to work as a Business Analyst at ICICI Bank Mumbai.
Which similar companies are paying more than ICICI Bank to a Business Analyst in Mumbai?
  • Standard Chartered Business Analyst Salary - ₹10.6 Lakhs to ₹19.0 Lakhs per year
  • Bank of America Business Analyst Salary - ₹8.0 Lakhs to ₹27.3 Lakhs per year
  • Barclays Business Analyst Salary - ₹8.0 Lakhs to ₹26.5 Lakhs per year
  • 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
What is the salary of a Business Analyst in companies similar to ICICI Bank in Mumbai?
  • Bank of Baroda Business Analyst Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • Deutsche Bank Business Analyst Salary - ₹6.3 Lakhs to ₹24.0 Lakhs per year
  • HDFC Bank Business Analyst Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
  • DBS Bank Business Analyst Salary - ₹8.8 Lakhs to ₹17.5 Lakhs per year
  • Axis Bank Business Analyst Salary - ₹4.5 Lakhs to ₹19.0 Lakhs per year
What is the estimated take home salary of a Business Analyst at ICICI Bank in Mumbai?
The estimated take-home salary of a Business Analyst at ICICI Bank ranges between ₹69,736 per month to ₹71,528 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Business Analyst salary in India which ranges between ₹4.0 Lakhs to ₹16.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Business Analyst at ICICI Bank in Mumbai?
According to AmbitionBox, 76% of the ICICI Bank Business Analysts in Mumbai reported a notice period of 1 Month, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 92 responses on AmbitionBox in last 2 years.

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ICICI Bank Business Analyst salary in Mumbai ranges between ₹4 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 152 ICICI Bank latest salaries received from various employees of ICICI Bank.