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LTIMindtree Senior Business Analyst salaries in Mumbai (Updated 2025)

Annual salary range
2 - 14 years exp.
₹7 Lakhs - ₹26.1 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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At par with the average Senior Business Analyst Salary in IT Services & Consulting Companies for 2 - 14 years of experience

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Salaries in different departments

Data Science & Analytics
Senior Business Analyst Salary
3 - 12 years exp. (46 salaries)
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₹6.6 L/yr - ₹22.5 L/yr

Consulting
Senior Business Analyst Salary
3 - 14 years exp. (13 salaries)
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₹10 L/yr - ₹25 L/yr

BFSI, Investments & Trading
Senior Business Analyst Salary
4 - 12 years exp. (12 salaries)
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₹8.2 L/yr - ₹27 L/yr

Finance & Accounting
Senior Business Analyst Salary
3 - 9 years exp. (6 salaries)
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₹9.1 L/yr - ₹19 L/yr

Product Management
Senior Business Analyst Salary
3 - 9 years exp. (4 salaries)
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₹10.7 L/yr - ₹20 L/yr

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Last Updated: 5 Apr 2025

Companies similar to LTIMindtree for Senior Business Analyst in Mumbai

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LTIMindtree Senior Business Analyst Salary

2 - 14 years exp. (121 salaries)

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₹7 L/yr - ₹26.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Accenture Senior Business Analyst Salary

0 - 12 years exp. (272 salaries)

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₹6.5 L/yr - ₹21 L/yr

arrow icon 15% less
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TCS Senior Business Analyst Salary

3 - 16 years exp. (202 salaries)

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₹5.1 L/yr - ₹19.5 L/yr

arrow icon 24% less
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Tech Mahindra Senior Business Analyst Salary

3 - 13 years exp. (88 salaries)

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₹6.3 L/yr - ₹26 L/yr

arrow icon 2% more
2 job openings
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Cognizant Senior Business Analyst Salary

0 - 12 years exp. (83 salaries)

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₹10 L/yr - ₹26 L/yr

arrow icon 14% more
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Wipro Senior Business Analyst Salary

3 - 14 years exp. (77 salaries)

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₹6 L/yr - ₹24 L/yr

arrow icon 2% less
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Capgemini Senior Business Analyst Salary

4 - 12 years exp. (44 salaries)

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₹6.8 L/yr - ₹25.1 L/yr

arrow icon 6% more
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IBM Senior Business Analyst Salary

4 - 13 years exp. (22 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 35% more
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HCLTech Senior Business Analyst Salary

3 - 14 years exp. (22 salaries)

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₹9.6 L/yr - ₹31 L/yr

arrow icon 16% more
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CGI Group Senior Business Analyst Salary

5 - 10 years exp. (20 salaries)

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₹6.5 L/yr - ₹17 L/yr

arrow icon 19% less
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Infosys Senior Business Analyst Salary

3 - 12 years exp. (14 salaries)

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₹10.5 L/yr - ₹24 L/yr

arrow icon 3% more
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DXC Technology Senior Business Analyst Salary

7 - 13 years exp. (12 salaries)

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₹7.4 L/yr - ₹23 L/yr

arrow icon 13% less
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Mphasis Senior Business Analyst Salary

6 - 15 years exp. (9 salaries)

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₹10 L/yr - ₹23 L/yr

arrow icon 32% more
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Atos Senior Business Analyst Salary

7 - 17 years exp. (6 salaries)

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₹9 L/yr - ₹32 L/yr

arrow icon 32% more
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HCL Group Senior Business Analyst Salary

4 - 9 years exp. (4 salaries)

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₹16.5 L/yr - ₹17 L/yr

arrow icon 8% more
Senior Business Analyst salary at LTIMindtree ranges between ₹7 Lakhs to ₹26.1 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 121 latest salaries received from various employees of LTIMindtree.

Latest annual salaries shared by LTIMindtree Senior Business Analyst in Mumbai

3d ago
₹27 Lakhs
7 years exp.
5d ago
₹13 Lakhs
4 years exp.
1w ago
₹21 Lakhs
11 years exp.
4w ago
₹12 Lakhs
5 years exp.
1mo ago
₹15.2 Lakhs
3 years exp.
1mo ago
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9 years exp.
1mo ago
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6 years exp.
1mo ago
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12 years exp.
2mo ago
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8 years exp.
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9 years exp.

Experience wise LTIMindtree Senior Business Analyst salaries in Mumbai

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
3 years  (13 salaries)

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₹6.6 L/yr - ₹15.2 L/yr
4 years  (19 salaries)

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₹5.3 L/yr - ₹17 L/yr
5 years  (19 salaries)

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₹7.7 L/yr - ₹15 L/yr
6 years  (16 salaries)

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₹8 L/yr - ₹16 L/yr
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LTIMindtree Senior Business Analyst Salary and Career Growth

From

To

Senior Business Analyst

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2 - 14 years exp.

Business Analysis Specialist

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5 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in LTIMindtree

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₹5 L/yr - ₹19.14 L/yr
Senior Consultant Salary
(410 salaries)
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₹5.28 L/yr - ₹22.17 L/yr
Business Analyst Salary
(150 salaries)
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₹5.55 L/yr - ₹22 L/yr
Data Scientist Salary
(40 salaries)
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₹5.25 L/yr - ₹17.5 L/yr
Data Analyst Salary
(34 salaries)
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₹3 L/yr - ₹10.5 L/yr
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₹4.7 L/yr - ₹15.5 L/yr
Analyst Salary
(6 salaries)
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₹4 L/yr - ₹6.4 L/yr
Senior Analyst Salary
(5 salaries)
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₹5.5 L/yr - ₹20.63 L/yr

Top skills at LTIMindtree for Senior Business Analyst

Business Analysis Scrum Presales Techno Functional Agile UAT Agile Methodology Gap Analysis Brd Testing Software Development Methodologies Production Support API HP Quality Center Application Development

Salary related reviews for LTIMindtree

3.2

Rated by 9 employees for salary & benefits

Full Time

 · 

Consulting Department

1.0
  •  posted on 05 Feb 2025

1.0
 for  Salary and Benefits

Likes

It's a "middle class" company - people are kind and down to earth in general. Everyone is helpful. The culture used to be really good at Mindtree before the merger with LTI happened.

read more

Dislikes

... - hiring practices are not good, general calibre of people is on the lower end. But for this salary, it's hard to get good candidates. - I joined in May 2022, and my salary increment has been 5% in the last ~ years (it is Feb 2025 now). Infact in 2023, I got 2% hike even though my annual review rating was 3 out of 4. In 2024, I got a rating of 4 on 4 and my salary increment was 2.5%. - They change the annual review cycle to whenever they want. We are seeing appraisal cycle of 15-16 months each because they say they haven't been performing. But that's not true - the CEO doesn't take a pay cut. His earnings keep increasing while we don't get a hike. - They have way too many people on the bench but the company is also losing projects and accounts left right and centre to other competitors in the market. - HR and the Workforce Management team don't really care about you - they only focus on enforcing policies. Meaning if you've been on the bench for more than 60 days, they will call you and ask you to resign. - On projects, I've had to be online and support the US team at midnight/1-2 am even though I'm technically on a day time 9-6 shift. We don't get paid overtime and they just automatically expect us to work and be available at all times. - They ask you to come to office all 5 days if you're on the bench. And if you are non compliant, they deduct your leaves. That way when they ask you to resign, they don't have to compensate you for your leaves as part of the severance.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Consulting Department

4.0
  •  posted on 25 Jul 2023

3.0
 for  Salary and Benefits

Likes

If you go on bench, hard to find out projects. People stick to their jobs, is it because no new projects coming in or people stick to their jobs, hard to guess

read more
  • Job security - Good
  • +3 more

Dislikes

Hard to find projects, low pay compared to other mncs, no shift allowances for people working on profiles other than tele based profiles, after the merger it was supposed to be but never happened even working for us client, need to engage till 11-11:30

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Data Science & Analytics Department

4.0
  •  posted on 26 Mar 2018

3.0
 for  Salary and Benefits

Likes

Very helpful team mates, you will definitely see politics at the higher level everywhere, salary is average, give very good balance in work life, get more opportunities to learn via online courses, you may have to travel even when you can't, I can't really commenton job security as the conditions are same throughout the industry.

read more
  • Skill development - Good
  • +4 more

Dislikes

The HR team or the helpdesk are less cooperative and will take more time to reply your queries. Sometime you will feel helpless. Overall they will not let you down but have to chase them frequently. Salary increments are low than standard.

read more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 29 Mar 2025

4.0
 for  Salary and Benefits

Likes

...oper guidance from the beginning, helping employees set clear goals and grow in their roles The company is always on the cutting edge of industry trends, and employees are encouraged to bring fresh ideas to the table

read more
  • Salary - Good
  • +6 more

Dislikes

Beyond just a generous vacation policy, the company also offers wellness programs that promote both physical and mental health, leading to a happier, less stressed workforce

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 25 Mar 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company, everyone here is just really unprofessional and incompetent to wok in fast paced environment especially HR department. They are just frustrating for real.

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Dislikes

No work life balance at all. 90 hr work week is for real. Salary is very less for the amount of work load. No Skill development and growth at all. No career growth. Really frustrating environment. Some people really dont understand common things also, lack of common sense in senior employees. Rude behaviour. Cost cutting at its peak.conpany is not growing because of their incompetence in maintaining the project quality and all that is affecting to employees, employees are suffering because of incompetence of board directors to maintain the project quality. LTIMindtree’s growth very soon will be on decrement path. Clear signal to all employees of LTIMindtree as soon as possible resign and switch for betterment of you.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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LTIMindtree Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at LTIMindtree in Mumbai?
The average salary of a Senior Business Analyst at LTIMindtree in Mumbai typically ranges from ₹7.0 Lakhs to ₹26.1 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Senior Business Analyst in Mumbai at LTIMindtree earn more than ₹18.2 Lakhs per year, and the top 1% earn over ₹27.9 Lakhs per year. Senior Business Analyst Salaries at LTIMindtree 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 100+ LTIMindtree employees in India.
What is the estimated take home salary of a Senior Business Analyst at LTIMindtree in Mumbai?
The estimated take-home salary of a Senior Business Analyst at LTIMindtree in Mumbai typically ranges from ₹1,05,151 to ₹1,08,039 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹26.1 Lakhs per year for employees with experience ranging from 2 years to 14 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 100+ salaries received from various employees of LTIMindtree. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Business Analyst at LTIMindtree in Mumbai?
To be a Senior Business Analyst at LTIMindtree in Mumbai, the key skills required include:

  • - Business Analysis
  • - Scrum
  • - Presales
  • - Techno Functional
  • - Agile

These skills are highly valued at LTIMindtree and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than LTIMindtree for Senior Business Analyst in India?
IBM ₹10.0 Lakhs to ₹28.0 Lakhs per year
Mphasis ₹10.0 Lakhs to ₹23.0 Lakhs per year
Atos ₹9.0 Lakhs to ₹32.0 Lakhs per year
HCLTech ₹9.6 Lakhs to ₹31.0 Lakhs per year
Cognizant ₹10.0 Lakhs to ₹26.0 Lakhs per year

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

HCL Group ₹16.5 Lakhs to ₹17.0 Lakhs per year
Capgemini ₹6.8 Lakhs to ₹25.1 Lakhs per year
Infosys ₹10.5 Lakhs to ₹24.0 Lakhs per year
Tech Mahindra ₹6.3 Lakhs to ₹26.0 Lakhs per year
Wipro ₹6.0 Lakhs to ₹24.0 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 Senior Business Analyst at LTIMindtree in Mumbai?
The salary growth for a Senior Business Analyst at LTIMindtree in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Business Analyst in Mumbai can expect the following growth trajectory at LTIMindtree:

Experience Average Salary Range
2 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
3 years ₹6.6 Lakhs to ₹15.2 Lakhs per year
4 years ₹5.3 Lakhs to ₹17.0 Lakhs per year
5 years ₹7.7 Lakhs to ₹15.0 Lakhs per year
and so on.

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LTIMindtree Senior Business Analyst salary in Mumbai ranges between ₹7 Lakhs to ₹26.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 121 LTIMindtree latest salaries received from various employees of LTIMindtree.