IDFC FIRST Bank Mumbai Business Analyst Salaries by 80+ Employees (Updated 2025)

2 - 10 years exp.

₹6.5 Lakhs - ₹27 Lakhs

Salary of majority employees

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46% more than the average Business Analyst Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 2 - 9 years exp. (47 salaries)	Unlock ₹5.8 L/yr - ₹20.4 L/yr
BFSI, Investments & Trading Business Analyst Salary 2 - 10 years exp. (10 salaries)	Unlock ₹6.5 L/yr - ₹23 L/yr
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Project & Program Management Business Analyst Salary 4 - 9 years exp. (5 salaries)	Unlock ₹9.5 L/yr - ₹23.4 L/yr
IT & Information Security Business Analyst Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹16.1 L/yr
Engineering - Software & QA Business Analyst Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹15.7 L/yr - ₹19.5 L/yr

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Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Business Analyst in Mumbai

IDFC FIRST Bank Business Analyst Salary

2 - 10 years exp. (81 salaries)

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₹6.5 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Analyst Salary 0 - 13 years exp. (342 salaries)	Unlock ₹4.9 L/yr - ₹20 L/yr 26% less
ICICI Bank Business Analyst Salary 0 - 12 years exp. (150 salaries)	Unlock ₹4 L/yr - ₹16.5 L/yr 37% less
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Axis Bank Business Analyst Salary 0 - 10 years exp. (272 salaries)	Unlock ₹6 L/yr - ₹18.5 L/yr 24% less
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (152 salaries)	Unlock ₹9.8 L/yr - ₹19 L/yr 29% less
Yes Bank Business Analyst Salary 1 - 10 years exp. (39 salaries)	Unlock ₹2.7 L/yr - ₹12.9 L/yr 50% less
IndusInd Bank Business Analyst Salary 2 - 11 years exp. (32 salaries)	Unlock ₹4 L/yr - ₹15.9 L/yr 39% less
RBL Bank Business Analyst Salary 1 - 7 years exp. (36 salaries)	Unlock ₹3.6 L/yr - ₹14.2 L/yr 41% less	1 job opening
Standard Chartered Business Analyst Salary 5 - 10 years exp. (8 salaries)	Unlock ₹11 L/yr - ₹19 L/yr 24% more
Barclays Investment Bank Business Analyst Salary 1 - 5 years exp. (6 salaries)	Unlock ₹7.5 L/yr - ₹21 L/yr 8% more
HSBC Global Banking and Markets Business Analyst Salary 3 - 7 years exp. (3 salaries)	Unlock ₹8.1 L/yr - ₹12.7 L/yr 20% less
Utkarsh Small Finance Bank Business Analyst Salary 1 - 6 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹10.2 L/yr 56% less
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Business Analyst salary at IDFC FIRST Bank ranges between ₹6.5 Lakhs to ₹27 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 81 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Business Analyst in Mumbai

6d ago

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3 years exp.

6d ago

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9 years exp.

2w ago

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9 years exp.

2w ago

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6 years exp.

2w ago

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3 years exp.

3w ago

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3 years exp.

1mo ago

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2 years exp.

1mo ago

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6 years exp.

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2 years exp.

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3 years exp.

Experience wise IDFC FIRST Bank Business Analyst salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
2 years (15 salaries)	Unlock ₹6.5 L/yr - ₹20 L/yr
3 years (16 salaries)	Unlock ₹6.7 L/yr - ₹21 L/yr
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4 years (9 salaries)	Unlock ₹6.6 L/yr - ₹22 L/yr
5 years (7 salaries)	Unlock ₹9.5 L/yr - ₹22 L/yr
6 years (13 salaries)	Unlock ₹9 L/yr - ₹27 L/yr
7 years (5 salaries)	Unlock ₹13.5 L/yr - ₹20 L/yr
8 years (7 salaries)	Unlock ₹7.7 L/yr - ₹21.2 L/yr
9 years (8 salaries)	Unlock ₹9 L/yr - ₹23.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.8 L/yr - ₹23 L/yr

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Similar Designation salaries in IDFC FIRST Bank

Data Analyst Salary

(89 salaries)

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₹4.95 L/yr - ₹21.07 L/yr

Team Lead Salary

(82 salaries)

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₹2.2 L/yr - ₹9.24 L/yr

Project Manager Salary

(57 salaries)

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₹7 L/yr - ₹25.65 L/yr

Analyst Salary

(44 salaries)

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₹1.89 L/yr - ₹8.48 L/yr

Senior Associate Salary

(36 salaries)

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₹1.95 L/yr - ₹5.5 L/yr

Senior Business Analyst Salary

(34 salaries)

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₹11.35 L/yr - ₹32.24 L/yr

Senior Analyst Salary

(25 salaries)

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₹3 L/yr - ₹9 L/yr

Data Scientist Salary

(11 salaries)

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₹14 L/yr - ₹35 L/yr

Senior Data Analyst Salary

(10 salaries)

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₹16.4 L/yr - ₹40.5 L/yr

Top skills at IDFC FIRST Bank for Business Analyst

Business Analysis Information Technology Test Cases Data Analysis Agile UAT Performance Tuning Technical Documentation Quality Documentation Budgeting Project Management Competitive Analysis Banking Data Analytics Architecture

Salary related reviews for IDFC FIRST Bank

3.1

Rated by 13 employees for salary & benefits

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Project Manager in Mumbai

Full Time

Project & Program Management Department

3.0

• posted on 21 Sep 2023

5.0

for Salary and Benefits

Likes

Provides good salary Work timings is not strictly followed

Salary - Excellent

+3 more

Dislikes

A very hectic culture of getting things done in shortest amount of time HR doesn't have any power of its own due to which managers easily exploit their employees No work life balance. Leaving on time is considered a sin here

Work satisfaction - Poor

+1 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Product Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2023

4.0

for Salary and Benefits

Likes

The Pay.

Salary - Good

+1 more

Dislikes

No Clearly defined KRA. Work even during weekends and holidays. Tremendous work pressure. Manager doesn't understand your problems. No importance to employee's physical or mental well-being. Asked to come to office even during red alert due to rain. No place to sit.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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IDFC FIRST Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at IDFC FIRST Bank Mumbai?

Business Analyst salary at IDFC FIRST Bank in Mumbai ranges between ₹6.5 Lakhs to ₹27.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 46% more than the average Business Analyst Salary in India. Salary estimates are based on 81 latest salaries received from various employees of IDFC FIRST Bank Mumbai.

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

The average salary of a Business Analyst at IDFC FIRST Bank is 46% 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 IDFC FIRST Bank?

Business Analysis, Information Technology, Test Cases, Data Analysis and Agile are some of the popular skills required to work as a Business Analyst at IDFC FIRST Bank Mumbai.

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

Standard Chartered Business Analyst Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
Barclays Investment Bank Business Analyst Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year

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

HSBC Global Banking and Markets Business Analyst Salary - ₹8.1 Lakhs to ₹12.7 Lakhs per year
Axis Bank Business Analyst Salary - ₹6.0 Lakhs to ₹18.5 Lakhs per year
HDFC Bank Business Analyst Salary - ₹4.9 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Bank Business Analyst Salary - ₹9.8 Lakhs to ₹19.0 Lakhs per year
ICICI Bank Business Analyst Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Business Analyst at IDFC FIRST Bank in Mumbai?

The estimated take-home salary of a Business Analyst at IDFC FIRST Bank ranges between ₹1,03,912 per month to ₹1,06,760 per month in Mumbai. The take-home salary calculation is based on the average IDFC FIRST Bank Business Analyst salary in India which ranges between ₹6.5 Lakhs to ₹27.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 54% of the IDFC FIRST Bank Business Analysts in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Business Analyst Salaries in Mumbai

IDFC FIRST Bank Business Analyst salary in Mumbai ranges between ₹6.5 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Business Analyst salaries in Mumbai (Updated 2025)

Companies similar to IDFC FIRST Bank for Business Analyst in Mumbai

Latest annual salaries shared by IDFC FIRST Bank Business Analyst in Mumbai

Experience wise IDFC FIRST Bank Business Analyst salaries in Mumbai

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Business Analyst

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Project Manager in Mumbai

Deputy Manager in Navi Mumbai

Product Manager in Mumbai

Deputy Manager in Mumbai

IDFC FIRST Bank Business Analyst Salary FAQs

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