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

0 - 5 years exp.

₹5 Lakhs - ₹12.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

82% more than the average Data Analyst Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

Data Science & Analytics Data Analyst Salary 0 - 5 years exp. (60 salaries)	₹13.9 L/yr - ₹25 L/yr
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Finance & Accounting Data Analyst Salary 1 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹5.4 L/yr

Last Updated: 29 Mar 2025

Companies similar to IDFC FIRST Bank for Data Analyst in Mumbai

IDFC FIRST Bank Data Analyst Salary

0 - 5 years exp. (83 salaries)

₹5 L/yr - ₹12.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Analyst Salary 1 - 10 years exp. (99 salaries)	₹1.7 L/yr - ₹10.8 L/yr 50% less	1 job opening
Kotak Mahindra Bank Data Analyst Salary 0 - 7 years exp. (49 salaries)	₹2.1 L/yr - ₹9.9 L/yr 54% less
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Axis Bank Data Analyst Salary 1 - 7 years exp. (37 salaries)	₹4.3 L/yr - ₹15.5 L/yr 14% less
ICICI Bank Data Analyst Salary 1 - 7 years exp. (26 salaries)	₹5.7 L/yr - ₹12.5 L/yr 29% less
Yes Bank Data Analyst Salary 1 - 6 years exp. (10 salaries)	₹2.7 L/yr - ₹5 L/yr 67% less
RBL Bank Data Analyst Salary 2 - 6 years exp. (7 salaries)	₹3.1 L/yr - ₹8.5 L/yr 34% less
IndusInd Bank Data Analyst Salary 2 - 7 years exp. (5 salaries)	₹4.4 L/yr - ₹10.6 L/yr 36% less
Utkarsh Small Finance Bank Data Analyst Salary 0 - 3 years exp. (5 salaries)	₹2.7 L/yr - ₹7 L/yr 48% less
IDBI Bank Data Analyst Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹10.5 L/yr 46% less

Data Analyst salary at IDFC FIRST Bank ranges between ₹5 Lakhs to ₹12.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 83 latest salaries received from various employees of IDFC FIRST Bank.

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

1w ago

₹19 Lakhs

2 years exp.

1w ago

₹15.5 Lakhs

5 years exp.

2w ago

₹10 Lakhs

3 years exp.

2w ago

₹25 Lakhs

4 years exp.

2w ago

₹7.5 Lakhs

3 years exp.

2w ago

3 years exp.

2w ago

3 years exp.

2w ago

3 years exp.

3w ago

2 years exp.

3w ago

2 years exp.

Experience wise IDFC FIRST Bank Data Analyst salaries in Mumbai

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.4 L/yr - ₹19.6 L/yr
1 year (26 salaries)	₹4.6 L/yr - ₹20.4 L/yr
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2 years (28 salaries)	₹5 L/yr - ₹21.1 L/yr
3 years (13 salaries)	₹5 L/yr - ₹21.8 L/yr
4 years (9 salaries)	₹6.9 L/yr - ₹22.5 L/yr
5 years (4 salaries)	₹5.8 L/yr - ₹15.5 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Business Analyst Salary

(86 salaries)

₹6.5 L/yr - ₹24.5 L/yr

Analyst Salary

(45 salaries)

₹1.89 L/yr - ₹6.75 L/yr

Senior Analyst Salary

(27 salaries)

₹3 L/yr - ₹9 L/yr

Data Engineer Salary

(16 salaries)

₹6 L/yr - ₹21 L/yr

Data Scientist Salary

(14 salaries)

₹10.68 L/yr - ₹40 L/yr

Senior Data Analyst Salary

(11 salaries)

₹11.03 L/yr - ₹40 L/yr

MIS Analyst Salary

(6 salaries)

₹4.09 L/yr - ₹6 L/yr

Top skills at IDFC FIRST Bank for Data Analyst

Data Analysis Analytics Banking Data Analytics Analytical Monitoring IFRS Management Test Strategy Continuous Improvement SAS Forecasting Stress Testing Retail Lending Retail Banking

Salary related reviews for IDFC FIRST Bank

3.9

Rated by 9 employees for salary & benefits

Data Analyst in Mumbai

Retail Analytics Department

3.0

• posted on 16 May 2022

5.0

for Salary and Benefits

Likes

Salary is good and timely and no hidden charged in your salary slip. You get all in cash - no unnecessary Sodexo coupons etc. Culture depends on your immediate manager. If one is new, learning curve is steep.

Salary - Excellent

Dislikes

No proper training for freshers, data is scattered here and there with no proper database in place unlike other big retail banks, with time work becomes monotonous and recurring. It all depends on your manager. No uniformity in organisation culture.

Skill development - Bad

+2 more

Analyst in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 16 Nov 2021

3.0

for Salary and Benefits

Likes

The organisation is good, managers are helpful. But compensation is below average. No work from home benefits. Even in 2021 company follows work from office compulsory for back office staff.

Job security - Excellent

+1 more

Dislikes

Compensation below industry average. God knows why bank refuses to hire more people at junior level. The team is filled with senior level people and have like crazy work expectations.

Skill development - Bad

+1 more

Senior Product Support Engineer in Mumbai

Full Time

Product Management Department

2.0

• posted on 31 Mar 2025

3.0

for Salary and Benefits

Likes

...ant in this bank....total politics..they remove me after working hard 3 years...later on new manager kept his employee from diffrent vendor and they said because salary budget we are removing you from this position.... If they have salary budget then why they call new employee in that project.. Just politics...and nothing

Work satisfaction - Good

+2 more

Dislikes

Everything

Job security - Bad

+1 more

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

Salary - Poor

+5 more

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Data Analyst Salary FAQs

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

The average salary of a Data Analyst at IDFC FIRST Bank in Mumbai typically ranges from ₹5.0 Lakhs to ₹12.9 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Data Analyst in Mumbai at IDFC FIRST Bank earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Data Analyst Salaries at IDFC FIRST 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 80+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Data Analyst at IDFC FIRST Bank in Mumbai typically ranges from ₹84,796 to ₹87,014 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.9 Lakhs per year for employees with experience ranging from Fresher to 5 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 80+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Data Analyst at IDFC FIRST Bank in Mumbai?

To be a Data Analyst at IDFC FIRST Bank in Mumbai, the key skills required include:

- Data Analysis
- Analytics
- Banking
- Data Analytics
- Analytical

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

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

The salary of a Data Analyst at companies similar to IDFC FIRST Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹4.3 Lakhs to ₹15.5 Lakhs per year
ICICI Bank	₹5.7 Lakhs to ₹12.5 Lakhs per year
RBL Bank	₹3.1 Lakhs to ₹8.5 Lakhs per year
IndusInd Bank	₹4.4 Lakhs to ₹10.6 Lakhs per year
IDBI Bank	₹2.1 Lakhs to ₹10.5 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 Data Analyst at IDFC FIRST Bank in Mumbai?

The salary growth for a Data Analyst at IDFC FIRST Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Analyst in Mumbai can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
Fresher	₹4.4 Lakhs to ₹19.6 Lakhs per year
1 year	₹4.6 Lakhs to ₹20.4 Lakhs per year
2 years	₹5.0 Lakhs to ₹21.1 Lakhs per year
3 years	₹5.0 Lakhs to ₹21.8 Lakhs per year

and so on.

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IDFC FIRST Bank Data Analyst Salaries in Mumbai

IDFC FIRST Bank Data Analyst salary in Mumbai ranges between ₹5 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.