Luxoft Mumbai Functional Analyst Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹13 Lakhs - ₹15 Lakhs

Salary of majority employees

83% more than the average Functional Analyst Salary in IT Services & Consulting Companies for 1 - 4 years of experience

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Last Updated: 16 Feb 2025

Companies similar to Luxoft for Functional Analyst in Mumbai

Luxoft Functional Analyst Salary

1 - 4 years exp. (5 salaries)

₹13 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Functional Analyst Salary 1 - 9 years exp. (64 salaries)	₹2.8 L/yr - ₹10.5 L/yr 53% less
HDFC Bank Functional Analyst Salary 0 - 10 years exp. (106 salaries)	₹4.7 L/yr - ₹17.8 L/yr 18% less
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Manorama Infosolutions Functional Analyst Salary 0 - 6 years exp. (31 salaries)	₹2 L/yr - ₹3.6 L/yr 79% less
Bureau Veritas Functional Analyst Salary 7 - 9 years exp. (5 salaries)	₹7.1 L/yr - ₹15.6 L/yr 26% less
Deloitte Functional Analyst Salary 1 - 2 years exp. (5 salaries)	₹7 L/yr - ₹9.4 L/yr 42% less

Functional Analyst salary at Luxoft ranges between ₹13 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Luxoft.

Experience wise Luxoft Functional Analyst salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
2 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
4 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr

Similar Designation salaries in Luxoft

Principal Consultant Salary

(6 salaries)

₹31 L/yr - ₹48 L/yr

Senior Analyst Salary

(5 salaries)

₹13.14 L/yr - ₹26 L/yr

Top skills at Luxoft for Functional Analyst

SQL Project Delivery Integration Testing Data Analysis Risk Management Managed Services Functional Analysis SDLC Financial Services Balance Sheet Business Analysis Test Cases Agile Methodology Back Office Treasury Management

Salary related reviews for Luxoft

Principal Consultant in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

2.0

• posted on 18 Oct 2024

3.0

for Salary and Benefits

Likes

It works based on individual's capabilities. If you have the required Skill set, you will find it very conducive.

Dislikes

No hikes for the past 2 years. No bonus. No integration with the company if you're working from client office. No feeling of belonging. You're owned by neither luxoft not client. You're on your own. You'll feel like you're a freelance contractor here. Leaves are limited. No time for trainings or personal development. Lot of uncertainty and anxiety if your contract with the client is coming to an end. Internal mobility is for namesake, unless your skills are highly in demand.

Skill development - Bad

+2 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 11 Oct 2023

3.0

for Salary and Benefits

Likes

Over all OK. You can not compare with othe big companies.

Dislikes

1. Poor project management. 2. They will not provide salary industry standard. 3. Over all management is very. 4. No office cafeteria. 5. After 5 pm no office boy will be available in office. 6. You can not develop your skill set.

Skill development - Bad

+2 more

Senior Analyst (working remotely)

Full Time

Engineering - Software & QA Department

2.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

CTC is fixed salary, so there is no fraud of variable pay unlike other companies where they keep hefty amount in variable pay bucket out of ctc but at the end give nothing. Also healthcare benefits are good, medical and life insurance are offered by them free (outside of ctc).

Skill development - Good

Dislikes

Work culture is worse, the managers won't disclose everythingwith you and will keep you in suspense regarding your project assignments. Actually they do not have much projects, will queue you in bench for few months and finally will ask you to leave the company voluntarily.

Job security - Bad

+4 more

Senior Software Engineer (working remotely)

Full Time

Engineering - Software & QA Department

2.0

• posted on 11 Nov 2023

4.0

for Salary and Benefits

Likes

Salary, Work from home

Salary - Good

+3 more

Dislikes

Job Security is ...less No project means you will be in Notice Period directly (Its Official Direct Contract To Hire Company ), Its Controlled by DXC Managers , No independent stand. Search for better options...

Job security - Bad

+1 more

Senior Software Engineer (working remotely)

Full Time

Consulting Department

1.0

• posted on 28 Oct 2022

1.0

for Salary and Benefits

Likes

That salary comes on time.

Dislikes

They are hiring people in bulk for Poland besides having zero projects in many technologies and after 3 months they are asking people to leave without interviews. HRs are telling new people that those who are not given been given unlimited contracts are incapable.

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Luxoft

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a senior software engineer

Job or Offer

I have almost 8Y experience, having Offer of 38LPA from Optum. Current CTC is 25LPA with WFH. I negotiated this offer against my brother's job in current company. He has 6Y gap after graduation. Not having technical expertise. So o decided to stay in company with no monetary negotiations, but the job of my brother. Will it be a wise decision?

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Luxoft Functional Analyst Salary FAQs

What is the salary of Functional Analyst at Luxoft Mumbai?

Functional Analyst salary at Luxoft in Mumbai ranges between ₹13.0 Lakhs to ₹15.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 83% more than the average Functional Analyst Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Luxoft Mumbai.

How does the salary of a Functional Analyst at Luxoft Mumbai compare with the average salary range for this job?

The average salary of a Functional Analyst at Luxoft is 83% more than the average salary of a Functional Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Functional Analyst at Luxoft?

SQL, Project Delivery, Integration Testing, Data Analysis and Risk Management are some of the popular skills required to work as a Functional Analyst at Luxoft Mumbai.

What is the salary of a Functional Analyst in companies similar to Luxoft in Mumbai?

HDFC Bank Functional Analyst Salary - ₹4.7 Lakhs to ₹17.8 Lakhs per year
Bureau Veritas Functional Analyst Salary - ₹7.1 Lakhs to ₹15.6 Lakhs per year
Deloitte Functional Analyst Salary - ₹7.0 Lakhs to ₹9.4 Lakhs per year
TCS Functional Analyst Salary - ₹2.8 Lakhs to ₹10.5 Lakhs per year
Manorama Infosolutions Functional Analyst Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Functional Analyst at Luxoft in Mumbai?

The estimated take-home salary of a Functional Analyst at Luxoft ranges between ₹98,853 per month to ₹1,01,538 per month in Mumbai. The take-home salary calculation is based on the average Luxoft Functional Analyst salary in India which ranges between ₹13.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Functional Analyst at Luxoft in Mumbai?

According to AmbitionBox, 100% of the Luxoft Functional Analysts in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Luxoft Functional Analyst Salaries in Mumbai

Luxoft Functional Analyst salary in Mumbai ranges between ₹13 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Luxoft latest salaries received from various employees of Luxoft.