Vela Software Group Bangalore / Bengaluru Business Analyst Salaries by 20+ Employees

0 - 4 years exp.

₹4.1 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Business Analyst Salary in Software Product Companies for 0 - 4 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 0 - 4 years exp. (12 salaries)	₹4.1 L/yr - ₹8.5 L/yr
BFSI, Investments & Trading Business Analyst Salary 1 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹7.3 L/yr
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Finance & Accounting Business Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.4 L/yr

Last Updated: 20 Jan 2024

Companies similar to Vela Software Group for Business Analyst in Bangalore / Bengaluru

Vela Software Group Business Analyst Salary

0 - 4 years exp. (20 salaries)

₹4.1 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Soroco Business Analyst Salary 1 - 4 years exp. (19 salaries)	₹8.5 L/yr - ₹21 L/yr 125% more
Yodlee Business Analyst Salary 2 - 8 years exp. (16 salaries)	₹8.5 L/yr - ₹20 L/yr 120% more
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Aurigo Business Analyst Salary 5 - 13 years exp. (14 salaries)	₹12.6 L/yr - ₹23 L/yr 206% more
Algonomy Business Analyst Salary 3 - 9 years exp. (13 salaries)	₹5.4 L/yr - ₹20 L/yr 102% more
RGBSI Business Analyst Salary 2 - 3 years exp. (4 salaries)	₹5 L/yr - ₹7.3 L/yr 21% more
TEOCO Software Business Analyst Salary 1 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 38% less
Happay Business Analyst Salary 2 - 5 years exp. (3 salaries)	₹6 L/yr - ₹13.9 L/yr 71% more
Bottomline Business Analyst Salary 2 - 4 years exp. (3 salaries)	₹14 L/yr - ₹14.6 L/yr 143% more

Business Analyst salary at Vela Software Group ranges between ₹4.1 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 20 latest salaries received from various employees of Vela Software Group.

Experience wise Vela Software Group Business Analyst salaries in Bangalore / Bengaluru

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
1 year (6 salaries)	₹4.1 L/yr - ₹5.2 L/yr
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2 years (8 salaries)	₹5 L/yr - ₹7.3 L/yr
3 years (4 salaries)	₹6.7 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr

Similar Designation salaries in Vela Software Group

Senior Consultant Salary

(9 salaries)

₹9.95 L/yr - ₹15 L/yr

Senior Business Analyst Salary

(4 salaries)

₹4.5 L/yr - ₹12 L/yr

Salary related reviews for Vela Software Group

1.9

Rated by 5 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

1.0

• posted on 03 Apr 2018

1.0

for Salary and Benefits

Likes

...ant to start your career. Experienced people, please don't join in this company. No resources, no hikes in salary.

Company culture - Good

Dislikes

Experienced people don't join In this company.

Salary - Bad

+5 more

Softwaretest Engineer in Bangalore / Bengaluru

QA Department

3.0

• posted on 21 Apr 2019

2.0

for Salary and Benefits

Likes

...be rated by Development team manger s,and hike will be given by another manager. No growth for testers, more work and less salary Package and hike as compared to Developers and BAs. No other benefits even if u worked on late night and weekends. It's just like use and throw.

Dislikes

Less salary and Hike as compared to your work load and other companies

Salary - Poor

+5 more

Senior HC And Insurance Operations Representative in Chennai

Customer Success, Service & Operations Department

5.0

• posted on 09 Jun 2019

5.0

for Salary and Benefits

Likes

The company is open to innovation. I love the fact that I am a part of a team that markets reliable, high quality products with global client Base. Got 2 spot awards while my service time. Also moved to IB mastery 3rd level of my organization. Have 2 years of experience in Bpo and 1 year of experience in HR department

Salary - Excellent

+6 more

Dislikes

Well in career growth but compensation is too low. Night shift leads to some health issues.

Us Healthcare Business Analyst (working remotely)

Bsc(computer science) Department

5.0

• posted on 08 Oct 2022

5.0

for Salary and Benefits

Likes

I will not work in nttdata this process.that i will one bpo integra Indian pvt ltd in working.data reporting specialist non voice process in working on this company.

Salary - Excellent

+6 more

Dislikes

I will not work in nttdata this process.that i will one bpo integra Indian pvt ltd in working.data reporting specialist non voice process

Director - Delivery For Reinsurance in Bangalore / Bengaluru

Other Department

1.0

• posted on 14 Dec 2020

1.0

for Salary and Benefits

Likes

Good product, hard working dedicated team members

Dislikes

Horrible and blood sucking Management including the Headquarters people of NTTData. The top most management people also work like low level employees worrying about their existence, their KPI and bonus. The so called leaders themselves are so insecured that they will put anyone on the line of fire to secure their existence. This organization did not grow big despite the product, opportunities and lack of competition purely because of the Management team who are 100% selfish and self-centered

Salary - Bad

+6 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Vela Software Group Business Analyst Salary FAQs

What is the salary of Business Analyst at Vela Software Group in Bangalore / Bengaluru?

The average salary of a Business Analyst at Vela Software Group in Bangalore / Bengaluru typically ranges from ₹4.1 Lakhs to ₹8.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Business Analyst in Bangalore / Bengaluru at Vela Software Group earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Business Analyst Salaries at Vela Software 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 20+ Vela Software Group employees in India.

What is the estimated take home salary of a Business Analyst at Vela Software Group in Bangalore / Bengaluru?

The estimated take-home salary of a Business Analyst at Vela Software Group in Bangalore / Bengaluru typically ranges from ₹44,238 to ₹45,340 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of Vela Software Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Vela Software Group for Business Analyst in India?

Aurigo	₹12.6 Lakhs to ₹23.0 Lakhs per year
Bottomline	₹14.0 Lakhs to ₹14.6 Lakhs per year
Soroco	₹8.5 Lakhs to ₹21.0 Lakhs per year
Yodlee	₹8.5 Lakhs to ₹20.0 Lakhs per year
Algonomy	₹5.4 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Vela Software Group, depending on the role and experience level.

What is the salary of a Business Analyst in companies similar to Vela Software Group in Bangalore / Bengaluru?

The salary of a Business Analyst at companies similar to Vela Software Group in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Happay	₹6.0 Lakhs to ₹13.9 Lakhs per year
RGBSI	₹5.0 Lakhs to ₹7.3 Lakhs per year
TEOCO Software	₹3.2 Lakhs to ₹4.2 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 Vela Software Group in Bangalore / Bengaluru?

The salary growth for a Business Analyst at Vela Software Group in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Bangalore / Bengaluru can expect the following growth trajectory at Vela Software Group:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.7 Lakhs per year
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
2 years	₹5.0 Lakhs to ₹7.3 Lakhs per year
3 years	₹6.7 Lakhs to ₹8.0 Lakhs per year

and so on.

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Vela Software Group Business Analyst Salaries in Bangalore / Bengaluru

Vela Software Group Business Analyst salary in Bangalore / Bengaluru ranges between ₹4.1 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Vela Software Group latest salaries received from various employees of Vela Software Group.