IndusInd Bank Mumbai System Analyst Salaries by 9 Employees (Updated 2024)

4 - 9 years exp.

₹7.5 Lakhs - ₹14.6 Lakhs

Salary of majority employees

13% less than the average System Analyst Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA System Analyst Salary 6 - 9 years exp. (6 salaries)	₹11.1 L/yr - ₹14.6 L/yr
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IT & Information Security System Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.2 L/yr

Last Updated: 15 Mar 2023

Companies similar to IndusInd Bank for System Analyst in Mumbai

IndusInd Bank System Analyst Salary

4 - 9 years exp. (9 salaries)

₹7.5 L/yr - ₹14.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank System Analyst Salary 0 - 9 years exp. (84 salaries)	₹4.1 L/yr - ₹14 L/yr 12% less
Axis Bank System Analyst Salary 0 - 9 years exp. (14 salaries)	₹3.2 L/yr - ₹12 L/yr 12% less
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IDFC FIRST Bank System Analyst Salary 3 - 7 years exp. (10 salaries)	₹7.7 L/yr - ₹20 L/yr 27% more
Bank of America System Analyst Salary 6 - 9 years exp. (6 salaries)	₹10.5 L/yr - ₹13 L/yr 19% more
Hexaware Technologies System Analyst Salary 5 - 13 years exp. (338 salaries)	₹6.6 L/yr - ₹24.8 L/yr 66% more

System Analyst salary at IndusInd Bank ranges between ₹7.5 Lakhs to ₹14.6 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank System Analyst salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹10.2 L/yr
5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12 L/yr
8 years (3 salaries)	₹4.3 L/yr - ₹13.4 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14.6 L/yr

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Similar Designation salaries in IndusInd Bank

Programmer Analyst Salary

(37 salaries)

₹6 L/yr - ₹19 L/yr

Business Analyst Salary

(28 salaries)

₹4 L/yr - ₹15 L/yr

Team Lead Salary

(15 salaries)

₹2.9 L/yr - ₹6.5 L/yr

Analyst Salary

(12 salaries)

₹6.1 L/yr - ₹14.48 L/yr

Senior System Analyst Salary

(6 salaries)

₹7.35 L/yr - ₹15 L/yr

Data Analyst Salary

(5 salaries)

₹4.44 L/yr - ₹7.5 L/yr

Salary related reviews for IndusInd Bank

4.0

Rated by 1 employees for salary & benefits

Programmer Analyst in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 18 Jan 2024

2.0

for Salary and Benefits

Likes

You can learn more work and knowledge. 100% job security and there is no delay in salary credit.

Dislikes

No appraisal, Work environment was worst, need to work on Saturday and holidays. Salary is not satisfied.

Select Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

Associate Service Delivery Manager in Pune

Full Time

Other Department

5.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Dislikes

Hr not supportive Last 4 month handle the branch no SDM no rm in branch Salary 20k work 2 people Reporting manager not supportive Rating 2.71 but still not promoted Handle cash counter and customer service desk last 4 month Hr not responding call and mails Salary satisfaction no as per work load Last year wall of fram in indusind bank but still not appreciated

Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 30 Oct 2024

2.0

for Salary and Benefits

Likes

100% job secured untill the officer involved into a unerased disciplinary mistakes. He/she will be survived for decades.

Dislikes

Not a salary match for vintages basis market norms, new joiners provide more CTC than the existed floor managers. Pay scale revision should effectively implement for designation & grade wise.

Service Delivery Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank System Analyst Salary FAQs

What is the salary of System Analyst at IndusInd Bank Mumbai?

System Analyst salary at IndusInd Bank in Mumbai ranges between ₹7.5 Lakhs to ₹14.6 Lakhs for experience between 4 years to 9 years. According to our estimates it is 13% less than the average System Analyst Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a System Analyst at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a System Analyst at IndusInd Bank is 13% less than the average salary of a System Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a System Analyst in Mumbai?

Hexaware Technologies System Analyst Salary - ₹6.6 Lakhs to ₹24.8 Lakhs per year
IDFC FIRST Bank System Analyst Salary - ₹7.7 Lakhs to ₹20.0 Lakhs per year
Bank of America System Analyst Salary - ₹10.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a System Analyst in companies similar to IndusInd Bank in Mumbai?

Axis Bank System Analyst Salary - ₹3.2 Lakhs to ₹12.0 Lakhs per year
HDFC Bank System Analyst Salary - ₹4.1 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a System Analyst at IndusInd Bank in Mumbai?

The estimated take-home salary of a System Analyst at IndusInd Bank ranges between ₹70,120 per month to ₹71,923 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank System Analyst salary in India which ranges between ₹7.5 Lakhs to ₹14.6 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for System Analyst at IndusInd Bank in Mumbai?

According to AmbitionBox, 60% of the IndusInd Bank System Analysts in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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IndusInd Bank System Analyst Salaries in Mumbai

IndusInd Bank System Analyst salary in Mumbai ranges between ₹7.5 Lakhs to ₹14.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IndusInd Bank latest salaries received from various employees of IndusInd Bank.