India Ratings & Research Mumbai Analyst Salaries by 40+ Employees (Updated 2025)

1 - 6 years exp.

₹6.4 Lakhs - ₹24 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

80% more than the average Analyst Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Analyst Salary 1 - 6 years exp. (11 salaries)	₹5.2 L/yr - ₹17.5 L/yr
BFSI, Investments & Trading Analyst Salary 1 - 5 years exp. (10 salaries)	₹8.5 L/yr - ₹18 L/yr
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Risk Management & Compliance Analyst Salary 2 - 6 years exp. (5 salaries)	₹11 L/yr - ₹24 L/yr

Last Updated: 22 Feb 2025

Companies similar to India Ratings & Research for Analyst in Mumbai

India Ratings & Research Analyst Salary

1 - 6 years exp. (43 salaries)

₹6.4 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
IndiaNivesh Securities Analyst Salary 3 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹20 L/yr 9% more
Quatrro Mortgage Solutions Analyst Salary 0 - 4 years exp. (3 salaries)	₹3.3 L/yr - ₹4.3 L/yr 71% less
Login to view exact salary
eClerx Analyst Salary 0 - 6 years exp. (1.1k salaries)	₹1 L/yr - ₹7 L/yr 78% less
JPMorgan Chase & Co. Analyst Salary 0 - 11 years exp. (1k salaries)	₹7 L/yr - ₹28 L/yr 20% more	18 job openings
Accenture Analyst Salary 0 - 11 years exp. (964 salaries)	₹2 L/yr - ₹12 L/yr 50% less	81 job openings

Analyst salary at India Ratings & Research ranges between ₹6.4 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 43 latest salaries received from various employees of India Ratings & Research.

Latest annual salaries shared by India Ratings & Research Analyst in Mumbai

1mo ago

₹9.5 Lakhs

4 years exp.

2mo ago

₹14 Lakhs

2 years exp.

3mo ago

₹12 Lakhs

2 years exp.

5mo ago

₹17 Lakhs

3 years exp.

7mo ago

₹9 Lakhs

2 years exp.

7mo ago

4 years exp.

8mo ago

1 year exp.

10mo ago

1 year exp.

10mo ago

1 year exp.

10mo ago

4 years exp.

Experience wise India Ratings & Research Analyst salaries in Mumbai

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
1 year (9 salaries)	₹8.5 L/yr - ₹16 L/yr
2 years (9 salaries)	₹7.7 L/yr - ₹16 L/yr
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3 years (9 salaries)	₹5.9 L/yr - ₹17 L/yr
4 years (10 salaries)	₹7 L/yr - ₹18 L/yr
5 years (4 salaries)	₹11 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr

View all

Similar Designation salaries in India Ratings & Research

Senior Analyst Salary

(41 salaries)

₹10 L/yr - ₹25 L/yr

Credit Analyst Salary

(8 salaries)

₹12.28 L/yr - ₹24 L/yr

Salary related reviews for India Ratings & Research

1.9

Rated by 6 employees for salary & benefits

Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Great work life balance, good opportunities, more learning.

Skill development - Good

+4 more

Dislikes

...negligible. If you want work life balance, then good, but money wise really bad. Getting in with good salary is important. Even director position does not have respect.

Salary - Poor

+1 more

Analyst in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 07 Apr 2022

1.0

for Salary and Benefits

Likes

Good learning opportunities in MC/LC & other teams except Emerging Corp. Very good manager in South Mid Corp analytical. Decent culture. Good insurance policy

Skill development - Good

+5 more

Dislikes

Very less pay scale. Learning curve will depend on individual's ability to reach out

Salary - Bad

Senior Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 12 Apr 2022

2.0

for Salary and Benefits

Likes

Work life balance, Supportive team

Job security - Excellent

+2 more

Dislikes

Poor Hike and bonus%. Both are always in single digit. Join any rating agency and you will get hike in single digit. This is company in not for people who are looking for stability and long term. Technologically not so good.

Salary - Poor

+2 more

Senior Analyst, Commodities And Retail , Large Corporates in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Sep 2023

4.0

for Salary and Benefits

Likes

Excellent work culture with very supportive managers, opportunity for learning, flexibility around work schedules, exposure, and opportunity to interact with c-suite executives.

Salary - Good

+5 more

Dislikes

Pay could be better, along with appraisals. This is the only drawback, otherwise it is one of the best places to work for.

Credit Analyst in Greater Noida

Full Time

Finance & Accounting Department

1.0

• posted on 19 Oct 2023

1.0

for Salary and Benefits

Likes

Only learning through interactions with industry people.

Skill development - Good

+1 more

Dislikes

Culture, compensation, growth, no focus on training and development. Not a very employee friendly company, do not care about personal lives or well-being of employees. High attrition and no effort at team-building. Seniors will ask to reach out for any help but when you do they’ll not respond.

Salary - Bad

+3 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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India Ratings & Research Analyst Salary FAQs

What is the salary of Analyst at India Ratings & Research in Mumbai?

The average salary of a Analyst at India Ratings & Research in Mumbai typically ranges from ₹6.4 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Analyst in Mumbai at India Ratings & Research earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Analyst Salaries at India Ratings & Research 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 40+ India Ratings & Research employees in India.

What is the estimated take home salary of a Analyst at India Ratings & Research in Mumbai?

The estimated take-home salary of a Analyst at India Ratings & Research in Mumbai typically ranges from ₹95,218 to ₹97,785 per month. This is based on the average salary range of ₹6.4 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 40+ salaries received from various employees of India Ratings & Research. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Ratings & Research for Analyst in India?

JPMorgan Chase & Co.	₹7.0 Lakhs to ₹28.0 Lakhs per year
IndiaNivesh Securities	₹4.4 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Ratings & Research, depending on the role and experience level.

What is the salary of a Analyst in companies similar to India Ratings & Research in Mumbai?

The salary of a Analyst at companies similar to India Ratings & Research in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Accenture	₹2.0 Lakhs to ₹12.0 Lakhs per year
Quatrro Mortgage Solutions	₹3.3 Lakhs to ₹4.3 Lakhs per year
eClerx	₹1.0 Lakhs to ₹7.0 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 Analyst at India Ratings & Research in Mumbai?

The salary growth for a Analyst at India Ratings & Research in Mumbai depends on factors such as experience, performance, and promotions. On average, a Analyst in Mumbai can expect the following growth trajectory at India Ratings & Research:

Experience	Average Salary Range
1 year	₹8.5 Lakhs to ₹16.0 Lakhs per year
2 years	₹7.7 Lakhs to ₹16.0 Lakhs per year
3 years	₹5.9 Lakhs to ₹17.0 Lakhs per year
4 years	₹7.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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India Ratings & Research Analyst Salaries in Mumbai

India Ratings & Research Analyst salary in Mumbai ranges between ₹6.4 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 India Ratings & Research latest salaries received from various employees of India Ratings & Research.