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IndusInd Bank Analyst salaries in Mumbai (Updated 2025)

Annual salary range
1 - 10 years exp.
₹10.2 Lakhs - ₹12.6 Lakhs
Salary of majority employees
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55% more than the average Analyst Salary in Banking Companies for 1 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Analyst Salary
3 - 10 years exp. (5 salaries)
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₹7.6 L/yr - ₹15.9 L/yr

Risk Management & Compliance
Analyst Salary
1 year exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr

Data Science & Analytics
Analyst Salary
4 years exp. (AmbitionBox Estimate)
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₹9.8 L/yr - ₹16.7 L/yr

Finance & Accounting
Analyst Salary
3 years exp. (AmbitionBox Estimate)
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₹10 L/yr - ₹12.2 L/yr

Last Updated: 11 Feb 2025

Companies similar to IndusInd Bank for Analyst in Mumbai

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IndusInd Bank Analyst Salary

1 - 10 years exp. (17 salaries)

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₹10.2 L/yr - ₹12.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deutsche Bank Analyst Salary

0 - 10 years exp. (318 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 16% less
23 job openings
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Bank of America Analyst Salary

1 - 11 years exp. (180 salaries)

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₹8.8 L/yr - ₹27 L/yr

arrow icon 52% more
1 job opening
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Barclays Analyst Salary

0 - 8 years exp. (161 salaries)

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₹7 L/yr - ₹24.3 L/yr

arrow icon 26% more
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IDFC FIRST Bank Analyst Salary

1 - 7 years exp. (45 salaries)

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₹1.9 L/yr - ₹6.8 L/yr

arrow icon 61% less
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ICICI Bank Analyst Salary

1 - 5 years exp. (32 salaries)

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₹14.6 L/yr - ₹18.1 L/yr

arrow icon 29% more
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Standard Chartered Analyst Salary

1 - 6 years exp. (29 salaries)

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₹2 L/yr - ₹7.1 L/yr

arrow icon 53% less
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NatWest Group Analyst Salary

1 - 6 years exp. (16 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 58% less
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Axis Bank Analyst Salary

0 - 7 years exp. (11 salaries)

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₹3 L/yr - ₹9.6 L/yr

arrow icon 33% less
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Yes Bank Analyst Salary

0 - 2 years exp. (4 salaries)

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₹8.7 L/yr - ₹11 L/yr

arrow icon 21% less
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₹8 L/yr - ₹12.5 L/yr

arrow icon 6% less
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Equitas Small Finance Bank Analyst Salary

1 - 3 years exp. (3 salaries)

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₹6 L/yr - ₹7.2 L/yr

arrow icon 37% less
Analyst salary at IndusInd Bank ranges between ₹10.2 Lakhs to ₹12.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 17 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Analyst in Mumbai

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Experience wise IndusInd Bank Analyst salaries in Mumbai

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹9 L/yr - ₹18.3 L/yr
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹18.8 L/yr
3 years  (4 salaries)

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₹7 L/yr - ₹19.3 L/yr
4 years  (3 salaries)

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₹4.4 L/yr - ₹19.8 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹20.3 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(763 salaries)
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₹1.7 L/yr - ₹8.25 L/yr
Credit Analyst Salary
(57 salaries)
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₹9.99 L/yr - ₹19 L/yr
Credit Manager Salary
(36 salaries)
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₹3.6 L/yr - ₹13.93 L/yr
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₹4 L/yr - ₹14.13 L/yr
Team Lead Salary
(28 salaries)
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₹2.9 L/yr - ₹9.63 L/yr
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₹2.48 L/yr - ₹12 L/yr
Accountant Salary
(3 salaries)
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₹2.5 L/yr - ₹3 L/yr

Top skills at IndusInd Bank for Analyst

Statistical Modeling Risk Analytics Analytics Banking Statistics Data Modeling Data Analytics Credit Risk Predictive Modeling Logistic Regression Predictive Analytics Credit Appraisal Ca Quality Improvement Credit Analysis

Salary related reviews for IndusInd Bank

3.7

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 08 Dec 2024

1.0
 for  Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 04 Dec 2024

2.0
 for  Salary and Benefits

Likes

Job security, salary on time

  • Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Jan 2024

2.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

No support from subordinate Too much sales pressure Slow system issue Too many layers for talking to high authority No celebration any festival In jfm months satuday holiday they will invite for , complete the targets.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jun 2023

2.0
 for  Salary and Benefits

Likes

there is nothing to like north(uttar pradesh) culture of Indusind bank while in other state its good to work with indusind

read more

Dislikes

salary structure , promotion and increament culture if you work with indusind salary growth is 2% in a year ie. if you join on 10000/- salary after 10 year you will reach 15-17 thousand while your grade will increase as CM,AVP,AVP1 also after leave the job if you want to join other bank you are unable to give proper reason why your salary is low

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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IndusInd Bank Analyst Salary FAQs

What is the salary of Analyst at IndusInd Bank in Mumbai?
The average salary of a Analyst at IndusInd Bank in Mumbai typically ranges from ₹10.2 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Analyst in Mumbai at IndusInd Bank earn more than ₹25.2 Lakhs per year, and the top 1% earn over ₹29.5 Lakhs per year. Analyst Salaries at IndusInd 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+ IndusInd Bank employees in India.
What is the estimated take home salary of a Analyst at IndusInd Bank in Mumbai?
The estimated take-home salary of a Analyst at IndusInd Bank in Mumbai typically ranges from ₹81,303 to ₹83,423 per month. This is based on the average salary range of ₹10.2 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 1 year to 10 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 IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Analyst at IndusInd Bank in Mumbai?
To be a Analyst at IndusInd Bank in Mumbai, the key skills required include:

  • - Statistical Modeling
  • - Risk Analytics
  • - Analytics
  • - Banking
  • - Statistics

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IndusInd Bank for Analyst in India?
Bank of America ₹8.8 Lakhs to ₹27.0 Lakhs per year
ICICI Bank ₹14.6 Lakhs to ₹18.1 Lakhs per year
Barclays ₹7.0 Lakhs to ₹24.3 Lakhs per year

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

HSBC Global Banking and Markets ₹8.0 Lakhs to ₹12.5 Lakhs per year
Deutsche Bank ₹5.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank ₹8.7 Lakhs to ₹11.0 Lakhs per year
Axis Bank ₹3.0 Lakhs to ₹9.6 Lakhs per year
Equitas Small Finance Bank ₹6.0 Lakhs to ₹7.2 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 IndusInd Bank in Mumbai?
The salary growth for a Analyst at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Analyst in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
1 year ₹9.0 Lakhs to ₹18.3 Lakhs per year
2 years ₹8.0 Lakhs to ₹18.8 Lakhs per year
3 years ₹7.0 Lakhs to ₹19.3 Lakhs per year
4 years ₹4.4 Lakhs to ₹19.8 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Analyst salary in Mumbai ranges between ₹10.2 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 IndusInd Bank latest salaries received from various employees of IndusInd Bank.