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IndusInd Bank IT Business Analyst salaries in India

Annual salary range
2 - 6 years exp.
₹6.5 Lakhs - ₹12.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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12% less than the average IT Business Analyst Salary in Banking Companies for 2 - 6 years of experience

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Last Updated: 15 Mar 2023

Companies similar to IndusInd Bank for IT Business Analyst

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

0 - 10 years exp. (13 salaries)

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₹5 L/yr - ₹13.6 L/yr

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ICICI Bank IT Business Analyst Salary

0 - 6 years exp. (20 salaries)

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₹4.3 L/yr - ₹13.8 L/yr

arrow icon 17% less
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Axis Bank IT Business Analyst Salary

0 - 10 years exp. (35 salaries)

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₹2.5 L/yr - ₹14.9 L/yr

arrow icon 9% less
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₹7.1 L/yr - ₹13.3 L/yr

arrow icon 18% more
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IDFC FIRST Bank IT Business Analyst Salary

2 - 7 years exp. (4 salaries)

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₹9.8 L/yr - ₹14 L/yr

arrow icon 24% more
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Bandhan Bank IT Business Analyst Salary

6 - 19 years exp. (4 salaries)

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₹5.5 L/yr - ₹24.5 L/yr

arrow icon 49% more
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Barclays IT Business Analyst Salary

4 - 11 years exp. (8 salaries)

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₹9 L/yr - ₹18 L/yr

arrow icon 27% more
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₹4.5 L/yr - ₹7.4 L/yr

arrow icon 24% less
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Bank of America IT Business Analyst Salary

8 - 11 years exp. (4 salaries)

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₹19.2 L/yr - ₹27.2 L/yr

arrow icon 144% more
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Standard Chartered IT Business Analyst Salary

4 - 14 years exp. (3 salaries)

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₹4 L/yr - ₹36 L/yr

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₹8.7 L/yr - ₹9.8 L/yr

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IT Business Analyst salary at IndusInd Bank ranges between ₹6.5 Lakhs to ₹12.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank IT Business Analyst

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6 years exp.
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3 years exp.
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Experience wise IndusInd Bank IT Business Analyst salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹17.2 L/yr
3 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹12.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹12.3 L/yr
5 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹17 L/yr

Similar Designation salaries in IndusInd Bank

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₹3.8 L/yr - ₹15 L/yr
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₹11.3 L/yr - ₹25 L/yr
Senior Analyst Salary
(5 salaries)
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₹5 L/yr - ₹7 L/yr
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₹6 L/yr - ₹11.5 L/yr
Data Analyst Salary
(63 salaries)
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₹3.8 L/yr - ₹11.16 L/yr
Analyst Salary
(28 salaries)
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₹8.86 L/yr - ₹11.32 L/yr
Team Lead Salary
(138 salaries)
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₹1.2 L/yr - ₹7 L/yr
Data Scientist Salary
(17 salaries)
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₹7.78 L/yr - ₹21.5 L/yr
Lead Consultant Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Project Manager Salary
(78 salaries)
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₹9 L/yr - ₹37.83 L/yr

Salary related reviews for IndusInd Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +5 more

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

 · 

Sales & Business Development Department

1.0
  •  posted on 23 Aug 2024

3.0
 for  Salary and Benefits

Likes

Salary on 25th every month.

Dislikes

Caste politics and office politics playing major role in here. Particular higher community lobby destroyed many employees future and lives. Especially tamilnadu sales region.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 03 Apr 2024

3.0
 for  Salary and Benefits

Likes

Job security, family secured , life insurance & health insurance cover

  • Job security - Good
  • +2 more

Dislikes

I do not like Indusind Bank because they deduct a lot of money from the salary, some incentives are made and some are given, the amount that the bank gives in a year is also very less.

read more
see more salary related reviews

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IndusInd Bank IT Business Analyst Salary FAQs

What is the salary of IT Business Analyst at IndusInd Bank ?
The average salary of a IT Business Analyst at IndusInd Bank in India typically ranges from ₹6.5 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of IT Business Analyst at IndusInd Bank earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹12.3 Lakhs per year. IT Business 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 4 IndusInd Bank employees in India.
What is the estimated take home salary of a IT Business Analyst at IndusInd Bank in India?
The estimated take-home salary of a IT Business Analyst at IndusInd Bank in India typically ranges from ₹68,892 to ₹70,660 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IndusInd Bank for IT Business Analyst in India?
Bank of America ₹19.2 Lakhs to ₹27.2 Lakhs per year
Standard Chartered ₹4.0 Lakhs to ₹36.0 Lakhs per year
Bandhan Bank ₹5.5 Lakhs to ₹24.5 Lakhs per year
Barclays ₹9.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank ₹9.8 Lakhs to ₹14.0 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 IT Business Analyst in companies similar to IndusInd Bank in India?
The salary of a IT Business Analyst at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹7.1 Lakhs to ₹13.3 Lakhs per year
HDFC Bank ₹5.0 Lakhs to ₹13.6 Lakhs per year
Bank of Maharashtra ₹8.7 Lakhs to ₹9.8 Lakhs per year
Axis Bank ₹2.5 Lakhs to ₹14.9 Lakhs per year
ICICI Bank ₹4.3 Lakhs to ₹13.8 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 IT Business Analyst at IndusInd Bank in India?
The salary growth for a IT Business Analyst at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a IT Business Analyst can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
2 years ₹6.5 Lakhs to ₹17.2 Lakhs per year
3 years ₹3.8 Lakhs to ₹12.3 Lakhs per year
4 years ₹3.8 Lakhs to ₹12.3 Lakhs per year
5 years ₹8.5 Lakhs to ₹10.9 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank IT Business Analyst salary in India ranges between ₹6.5 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.