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NatWest Group Business Analyst salaries in India (Updated 2025)

Annual salary range
3 - 17 years exp.
₹8.5 Lakhs - ₹25.8 Lakhs
Salary of majority employees
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75% more than the average Business Analyst Salary in Banking Companies for 3 - 17 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
3 - 14 years exp. (54 salaries)
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₹8.9 L/yr - ₹31.5 L/yr

BFSI, Investments & Trading
Business Analyst Salary
3 - 17 years exp. (40 salaries)
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₹7.3 L/yr - ₹24.6 L/yr

Finance & Accounting
Business Analyst Salary
3 - 15 years exp. (25 salaries)
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₹7.5 L/yr - ₹26 L/yr

Customer Success, Service & Operations
Business Analyst Salary
3 - 15 years exp. (17 salaries)
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₹6.8 L/yr - ₹25 L/yr

Engineering - Software & QA
Business Analyst Salary
3 - 11 years exp. (14 salaries)
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₹8.3 L/yr - ₹24 L/yr

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Last Updated: 17 Mar 2025

Companies similar to NatWest Group for Business Analyst

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

0 - 13 years exp. (794 salaries)

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₹4.5 L/yr - ₹19 L/yr

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ICICI Bank Business Analyst Salary

0 - 12 years exp. (944 salaries)

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₹4 L/yr - ₹15.3 L/yr

arrow icon 45% less
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Axis Bank Business Analyst Salary

0 - 10 years exp. (578 salaries)

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₹4.5 L/yr - ₹18.2 L/yr

arrow icon 39% less
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State Bank of India Business Analyst Salary

3 - 11 years exp. (50 salaries)

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₹5.5 L/yr - ₹20.5 L/yr

arrow icon 21% less
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Kotak Mahindra Bank Business Analyst Salary

1 - 10 years exp. (308 salaries)

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₹4.5 L/yr - ₹19 L/yr

arrow icon 35% less
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IndusInd Bank Business Analyst Salary

2 - 13 years exp. (181 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 49% less
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Yes Bank Business Analyst Salary

1 - 11 years exp. (139 salaries)

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₹4 L/yr - ₹13.8 L/yr

arrow icon 52% less
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Standard Chartered Business Analyst Salary

4 - 15 years exp. (365 salaries)

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₹8.8 L/yr - ₹34.6 L/yr

arrow icon 13% more
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Bank of Baroda Business Analyst Salary

5 - 10 years exp. (24 salaries)

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₹5.6 L/yr - ₹22 L/yr

arrow icon 23% less
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Barclays Business Analyst Salary

0 - 14 years exp. (648 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 2% less
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Business Analyst salary at NatWest Group ranges between ₹8.5 Lakhs to ₹25.8 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 217 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Business Analyst

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Experience wise NatWest Group Business Analyst salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
3 years  (45 salaries)

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₹3.4 L/yr - ₹12 L/yr
4 years  (15 salaries)

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₹3.9 L/yr - ₹13 L/yr
5 years  (14 salaries)

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₹4.5 L/yr - ₹18.9 L/yr
6 years  (19 salaries)

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₹5.1 L/yr - ₹18.8 L/yr
7 years  (24 salaries)

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₹5.7 L/yr - ₹15.5 L/yr
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NatWest Group Business Analyst Salary and Career Growth

From

To

Business Analyst

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3 - 17 years exp.

Assistant Business Analyst

Salary unavailable
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 NatWest Group

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₹9.91 L/yr - ₹24.25 L/yr
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₹3.75 L/yr - ₹7.6 L/yr
Senior Analyst Salary
(2.7k salaries)
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₹3.5 L/yr - ₹13.24 L/yr
Data Analyst Salary
(103 salaries)
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₹4.58 L/yr - ₹21.76 L/yr
Analyst Salary
(640 salaries)
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₹1.4 L/yr - ₹7.19 L/yr
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₹4.82 L/yr - ₹17.29 L/yr
Team Lead Salary
(217 salaries)
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₹4.59 L/yr - ₹18 L/yr
Data Scientist Salary
(29 salaries)
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₹7.91 L/yr - ₹29.5 L/yr
Project Manager Salary
(91 salaries)
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₹10.22 L/yr - ₹40 L/yr
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₹10 L/yr - ₹21 L/yr

Top skills at NatWest Group for Business Analyst

Business Analysis Test Scenarios Test scripts Stakeholder Management Project Management Agile Business Strategy User Acceptance Testing Business operations Analytical SQL Solution Design JIRA Analytical skills Murex

Salary related reviews for NatWest Group

3.7

Rated by 48 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 04 Jan 2025

1.0
 for  Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 27 Dec 2023

4.0
 for  Salary and Benefits

Likes

The environment is very friendly and it's very accommodating especially for women. There is good work life.

  • Salary - Good
  • +6 more

Dislikes

The pay and hike is a bit low compared to the market for certain units. And it only offers one way cab.

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 Jun 2024

4.0
 for  Salary and Benefits

Likes

...helpful environment 3. Great work life balance. No weekend work. No overtime. 4. Salary is decent enough.

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  • Salary - Good
  • +3 more

Dislikes

1. Very little appraisal. 2. Management people are full of it. Many micro-manage a lot and dont have any proper technical knowledge. 3. No skill development unless you are in a good BU. Too much operational work - It gets on your nerve.

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  • Skill development - Poor
  • +2 more

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 25 Oct 2023

3.0
 for  Salary and Benefits

Likes

-> Pleasant work life balance -> Lots of learning opportunities -> Provides good number of leaves.

  • Work-life balance - Good

Dislikes

-> Lack of opportunity of advancement, low bonus. -> NatWest technology India is a company with strong culture of Hierarchy, which can be seen in the way teams are structured and managed. This leads to a sense of distance between managers and employees and makes it difficult for employees to feel comfortable speaking up or sharing their ideas. -> There have been reports of racist treatment from managers of southern India towards their collogues from northern India, particularly in technology teams based in Bangalore and Chennai. This creates hostile work environment. -> While HR claims to be committed to gender equality and providing opportunities for employees to speak up, whistle blowers are reported being targeted or sidelined. This shows real gap between HR policy and practice, and that employees may not feel comfortable reporting misconduct or discrimination.

read more
  • Promotions - Poor

Full Time

 · 

Data Science & Analytics Department

5.0
  •  posted on 17 Sep 2023

4.0
 for  Salary and Benefits

Likes

The company provides exceptional work life balance. There are no problems in leaves with very less work pressure. It's a smooth and chill workspace.

read more
  • Salary - Good
  • +3 more

Dislikes

Growth opportunities are very few and the ones which come have very less pay hike.

read more
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NatWest Group Business Analyst Salary FAQs

What is the salary of Business Analyst at NatWest Group ?
The average salary of a Business Analyst at NatWest Group in India typically ranges from ₹8.5 Lakhs to ₹25.8 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Business Analyst at NatWest Group earn more than ₹22.4 Lakhs per year, and the top 1% earn over ₹27.8 Lakhs per year. Business Analyst Salaries at NatWest Group 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 200+ NatWest Group employees in India.
What is the estimated take home salary of a Business Analyst at NatWest Group in India?
The estimated take-home salary of a Business Analyst at NatWest Group in India typically ranges from ₹1,16,165 to ₹1,19,409 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹25.8 Lakhs per year for employees with experience ranging from 3 years to 17 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 200+ salaries received from various employees of NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at NatWest Group ?
To be a Business Analyst at NatWest Group in india, the key skills required include:

  • - Business Analysis
  • - Test Scenarios
  • - Test scripts
  • - Stakeholder Management
  • - Project Management

These skills are highly valued at NatWest Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NatWest Group for Business Analyst in India?
Standard Chartered ₹8.8 Lakhs to ₹34.6 Lakhs per year
UBS ₹8.0 Lakhs to ₹30.0 Lakhs per year
HSBC Group ₹7.8 Lakhs to ₹30.0 Lakhs per year

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

ANZ Banking Group ₹9.3 Lakhs to ₹27.6 Lakhs per year
Barclays ₹8.0 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co. ₹7.5 Lakhs to ₹29.6 Lakhs per year
Canara Bank ₹11.0 Lakhs to ₹22.0 Lakhs per year
Bank of America ₹6.9 Lakhs to ₹27.6 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 Business Analyst at NatWest Group in India?
The salary growth for a Business Analyst at NatWest Group depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
3 years ₹3.4 Lakhs to ₹12.0 Lakhs per year
4 years ₹3.9 Lakhs to ₹13.0 Lakhs per year
5 years ₹4.5 Lakhs to ₹18.9 Lakhs per year
6 years ₹5.1 Lakhs to ₹18.8 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Business Analyst salary in India ranges between ₹8.5 Lakhs to ₹25.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 217 NatWest Group latest salaries received from various employees of NatWest Group.