NCDEX Business Analyst Salaries by 7 Employees (Updated 2025)

1 - 8 years exp.

₹4.5 Lakhs - ₹14 Lakhs

Salary of majority employees

14% less than the average Business Analyst Salary in Financial Services Companies for 1 - 8 years of experience

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Last Updated: 8 Jan 2025

Companies similar to NCDEX for Business Analyst

Company name	Avg Annual Salary	Open Jobs
Multi Commodity Exchange of India Business Analyst Salary 2 - 10 years exp. (7 salaries)	₹6.8 L/yr - ₹9.5 L/yr 4% less
National Stock Exchange of India Business Analyst Salary 1 - 11 years exp. (20 salaries)	₹4.3 L/yr - ₹14.3 L/yr 18% more
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Bombay Stock Exchange Business Analyst Salary 0 - 4 years exp. (14 salaries)	₹3.1 L/yr - ₹7.5 L/yr 31% less
Reliance Industries Business Analyst Salary 1 - 8 years exp. (99 salaries)	₹3.5 L/yr - ₹14.5 L/yr At par
TCS Business Analyst Salary 0 - 13 years exp. (9k salaries)	₹4 L/yr - ₹15 L/yr 7% more
HDFC Bank Business Analyst Salary 0 - 13 years exp. (794 salaries)	₹4.5 L/yr - ₹18.6 L/yr 26% more
State Bank of India Business Analyst Salary 3 - 11 years exp. (50 salaries)	₹5.5 L/yr - ₹20.5 L/yr 63% more
Infosys Business Analyst Salary 1 - 10 years exp. (1.3k salaries)	₹4 L/yr - ₹17 L/yr 19% more	12 job openings
ICICI Bank Business Analyst Salary 0 - 12 years exp. (947 salaries)	₹4 L/yr - ₹15.5 L/yr 13% more
IndiaLends Business Analyst Salary 0 - 3 years exp. (42 salaries)	₹3 L/yr - ₹10.4 L/yr 31% less
Stock Holding Corporation of India Business Analyst Salary 2 - 6 years exp. (7 salaries)	₹3.2 L/yr - ₹5.4 L/yr 47% less
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Biz 2 Credit Info Services Business Analyst Salary 3 - 7 years exp. (7 salaries)	₹4.6 L/yr - ₹10 L/yr 21% less
ICRA Business Analyst Salary 9 - 14 years exp. (5 salaries)	₹15.5 L/yr - ₹30 L/yr 134% more
Samunnati Financial Intermediation and Services Business Analyst Salary 0 - 3 years exp. (5 salaries)	₹6 L/yr - ₹10 L/yr 4% less
NASDAQ Business Analyst Salary 3 - 10 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 58% more
Niyo Solutions Business Analyst Salary 2 - 3 years exp. (4 salaries)	₹6.5 L/yr - ₹15 L/yr 20% more
Interactive Brokers Business Analyst Salary 3 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹12 L/yr 14% more
SBI Payment Services Business Analyst Salary 3 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 38% less
OneAssist Consumer Solutions Business Analyst Salary 5 - 7 years exp. (3 salaries)	₹7.3 L/yr - ₹7.8 L/yr 9% less
National Securities Depository Business Analyst Salary 3 - 5 years exp. (3 salaries)	₹5.9 L/yr - ₹7.5 L/yr 16% less

Business Analyst salary at NCDEX ranges between ₹4.5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of NCDEX.

Experience wise NCDEX Business Analyst salaries

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹9 L/yr
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3 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.3 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.7 L/yr
6 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹18.3 L/yr
7 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14 L/yr

View all

Similar Designation salaries in NCDEX

Senior Business Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Senior Associate Salary

(4 salaries)

₹6 L/yr - ₹6.5 L/yr

Product Manager Salary

(4 salaries)

₹7 L/yr - ₹18 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹13.7 L/yr - ₹17.5 L/yr

Deputy Manager Salary

(71 salaries)

₹5.9 L/yr - ₹13.65 L/yr

Software Engineer Salary

(7 salaries)

₹4.35 L/yr - ₹5.9 L/yr

Power BI Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Business Development Manager Salary

(4 salaries)

₹11 L/yr - ₹17.25 L/yr

Assistant Vice President Salary

(12 salaries)

₹17.5 L/yr - ₹30 L/yr

Top skills at NCDEX for Business Analyst

Business Analysis Business Modeling Process design Relationship Management CRM client servicing MySQL Database Administration QA Management Brd IFRS Auditing Brs SSRS Microsoft Applications Capital Market

Salary related reviews for NCDEX

1.6

Rated by 2 employees for salary & benefits

Assistant Manager in Nagpur

Full Time

Engineering - Software & QA Department

4.0

• posted on 11 Jul 2023

4.0

for Salary and Benefits

Likes

good working culture you can contact anytime with your supervisor and they will help you to resolve your issue.

Salary - Good

+5 more

Dislikes

The existing people having more experience in same organisation they don't want to change related to application performance and enhancement suggestions provided by new people or some new members

Work-life balance - Poor

Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Sep 2020

1.0

for Salary and Benefits

Likes

Too much of work load with over working period. No growth, no appreciation, no work satisfaction.

Dislikes

Lot of politics and no proper management. No career growth, no increment, no appreciation. Only keep on working 24/7 without tiring. Worst experience ever.

Salary - Bad

+6 more

Vice President Operations in Navi Mumbai

Full Time

Legal & Regulatory Department

3.0

• posted on 03 Nov 2024

3.0

for Salary and Benefits

Likes

Earlier during Chairman and MD Mr. Ravikumar the Exchange was having a very open work culture and he openly used to ask each employee personally on any issues faced with reporting authorities and any other departments. Currently the political atmosphere has taken over and wooing your superior without openly discussing the problem is prevalent which is not a good sign as it induces fear and job dissatisfaction on honest employees. Now entire culture has become political.

Dislikes

Politics are at the helm and they target individuals who are honest and upright in openly criticizing the wrong doers or who are straight forward and fearless in portraying to the management about any process which are not properly managed.

Skill development - Poor

+3 more

Management Trainee (working remotely)

Business Development Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Friendly and supportive reporting managers and co-workers. They listen to the problems we face and provide proper guidance

Dislikes

Frequent and lengthy meetings and lot of meetings in a particular day which can be optimized further. The role involves extensive travelling, proper transportation facilities should be provided or arranged

Work satisfaction - Bad

+1 more

Westrn India Head Of Products Promotion & Business De . in Head Office -mumbai, Branch Office - C.G (Raipur)

Other Department

5.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

Job security was also pivotal because we need to learn n get the work done as per own dicision n work culture as well has a significant aspect of being success Iim your Jo naam

Salary - Excellent

+5 more

Dislikes

Nothing special I had that I dislike as from a junior trainee going to level up n up is something self explanatory.

see more salary related reviews

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NCDEX Business Analyst Salary FAQs

What is the salary of Business Analyst at NCDEX?

Business Analyst salary at NCDEX in India ranges between ₹4.5 Lakhs to ₹14.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 14% less than the average Business Analyst Salary in India. Salary estimates are based on 7 latest salaries received from various employees of NCDEX India.

How does the salary of a Business Analyst at NCDEX India compare with the average salary range for this job?

The average salary of a Business Analyst at NCDEX is 14% less than the average salary of a Business Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Analyst at NCDEX?

Business Analysis, Business Modeling, Process design, Relationship Management and CRM are some of the popular skills required to work as a Business Analyst at NCDEX India.

Which similar companies are paying more than NCDEX to a Business Analyst in India?

ICRA Business Analyst Salary - ₹15.5 Lakhs to ₹30.0 Lakhs per year
State Bank of India Business Analyst Salary - ₹5.5 Lakhs to ₹20.5 Lakhs per year
NASDAQ Business Analyst Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
HDFC Bank Business Analyst Salary - ₹4.5 Lakhs to ₹18.6 Lakhs per year
Niyo Solutions Business Analyst Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Business Analyst in companies similar to NCDEX in India?

Infosys Business Analyst Salary - ₹4.0 Lakhs to ₹17.0 Lakhs per year
National Stock Exchange of India Business Analyst Salary - ₹4.3 Lakhs to ₹14.3 Lakhs per year
Interactive Brokers Business Analyst Salary - ₹7.8 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Business Analyst Salary - ₹4.0 Lakhs to ₹15.5 Lakhs per year
TCS Business Analyst Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Business Analyst at NCDEX in India?

The estimated take-home salary of a Business Analyst at NCDEX ranges between ₹61,115 per month to ₹62,664 per month in India. The take-home salary calculation is based on the average NCDEX Business Analyst salary in India which ranges between ₹4.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at NCDEX?

According to AmbitionBox, 80% of the NCDEX Business Analysts reported a notice period of 1 Month, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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NCDEX Business Analyst Salaries

NCDEX Business Analyst salary in India ranges between ₹4.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 NCDEX latest salaries received from various employees of NCDEX.