RAKBANK Business Analyst Salaries by 6 Employees

2 - 10 years exp.

₹15 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹22.9 Lakhs

Variable (0%)

₹0.0

134% more than the average Business Analyst Salary in Banking Companies for 2 - 10 years of experience

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Last Updated: 26 Jul 2023

Companies similar to RAKBANK for Business Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Analyst Salary 0 - 12 years exp. (952 salaries)	₹4 L/yr - ₹15.1 L/yr 60% less
HDFC Bank Business Analyst Salary 0 - 13 years exp. (775 salaries)	₹4.5 L/yr - ₹18 L/yr 54% less	4 job openings
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Axis Bank Business Analyst Salary 0 - 11 years exp. (588 salaries)	₹4.5 L/yr - ₹18.2 L/yr 53% less
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (308 salaries)	₹4.6 L/yr - ₹19 L/yr 53% less
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (186 salaries)	₹5.7 L/yr - ₹23 L/yr 43% less
IndusInd Bank Business Analyst Salary 2 - 13 years exp. (181 salaries)	₹3.8 L/yr - ₹15 L/yr 62% less	4 job openings
Yes Bank Business Analyst Salary 1 - 11 years exp. (136 salaries)	₹3.5 L/yr - ₹14.3 L/yr 63% less
RBL Bank Business Analyst Salary 1 - 7 years exp. (87 salaries)	₹4.1 L/yr - ₹14.6 L/yr 62% less	1 job opening
Ujjivan Small Finance Bank Business Analyst Salary 1 - 9 years exp. (78 salaries)	₹6.3 L/yr - ₹19.8 L/yr 49% less
Bandhan Bank Business Analyst Salary 1 - 12 years exp. (53 salaries)	₹3.9 L/yr - ₹17 L/yr 58% less
Canara Bank Business Analyst Salary 6 - 13 years exp. (38 salaries)	₹11 L/yr - ₹22 L/yr 29% less
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HSBC Global Banking and Markets Business Analyst Salary 1 - 10 years exp. (24 salaries)	₹6.6 L/yr - ₹24 L/yr 34% less
Paytm Payments Bank Business Analyst Salary 1 - 6 years exp. (23 salaries)	₹3 L/yr - ₹8 L/yr 66% less
Karur Vysya Bank Business Analyst Salary 8 - 12 years exp. (18 salaries)	₹9 L/yr - ₹20 L/yr 47% less
Barclays Investment Bank Business Analyst Salary 1 - 7 years exp. (16 salaries)	₹7.5 L/yr - ₹21 L/yr 32% less
Utkarsh Small Finance Bank Business Analyst Salary 0 - 20 years exp. (15 salaries)	₹4.3 L/yr - ₹15.4 L/yr 54% less
IDBI Bank Business Analyst Salary 5 - 11 years exp. (14 salaries)	₹12 L/yr - ₹23 L/yr 18% less
Federal Bank Business Analyst Salary 0 - 7 years exp. (14 salaries)	₹6.5 L/yr - ₹14.5 L/yr 45% less
Jana Small Finance Bank Business Analyst Salary 0 - 7 years exp. (14 salaries)	₹5 L/yr - ₹10.8 L/yr 62% less
Mashreq Bank Business Analyst Salary 4 - 10 years exp. (11 salaries)	₹12 L/yr - ₹25.1 L/yr 37% less

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Business Analyst salary at RAKBANK ranges between ₹15 Lakhs to ₹30 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of RAKBANK.

Experience wise RAKBANK Business Analyst salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹20 L/yr - ₹38.9 L/yr
3 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
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4 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
5 years (AmbitionBox Estimate)	₹15 L/yr - ₹40.6 L/yr
6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹30 L/yr
7 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹41.8 L/yr
8 years (AmbitionBox Estimate)	₹21 L/yr - ₹42.4 L/yr
9 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
10 years (AmbitionBox Estimate)	₹21 L/yr - ₹43.6 L/yr

View all

Similar Designation salaries in RAKBANK

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(AmbitionBox Estimate)

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Senior Analyst Salary

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Data Analyst Salary

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Analyst Salary

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Product Owner Salary

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Software Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Salary related reviews for RAKBANK

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Salary - Bad

+6 more

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Skill development - Good

+5 more

Dislikes

Only Salary is a matter of concern rest everything is alright.

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Salary - Bad

+3 more

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Salary - Good

+5 more

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Skill development - Good

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

Job security - Poor

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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RAKBANK Business Analyst Salary FAQs

What is the salary of Business Analyst at RAKBANK ?

The average salary of a Business Analyst at RAKBANK in India typically ranges from ₹15.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Analyst at RAKBANK earn more than ₹29.1 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Business Analyst Salaries at RAKBANK 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 6 RAKBANK employees in India.

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

The estimated take-home salary of a Business Analyst at RAKBANK in India typically ranges from ₹1,47,243 to ₹1,52,764 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 6 salaries received from various employees of RAKBANK. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than RAKBANK for Business Analyst in India?

Emirates NBD

₹15.0 Lakhs to ₹33.0 Lakhs per year

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

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

The salary of a Business Analyst at companies similar to RAKBANK in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank	₹12.0 Lakhs to ₹23.0 Lakhs per year
Union Bank of India	₹12.5 Lakhs to ₹25.0 Lakhs per year
Karnataka Bank	₹8.0 Lakhs to ₹24.0 Lakhs per year
Canara Bank	₹11.0 Lakhs to ₹22.0 Lakhs per year
Barclays Investment Bank	₹7.5 Lakhs to ₹21.0 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 Business Analyst at RAKBANK in India?

The salary growth for a Business Analyst at RAKBANK depends on factors such as experience, performance, and promotions. On average, a Business Analyst can expect the following growth trajectory at RAKBANK:

Experience	Average Salary Range
2 years	₹20.0 Lakhs to ₹38.9 Lakhs per year
3 years	₹19.7 Lakhs to ₹25.2 Lakhs per year
4 years	₹20.0 Lakhs to ₹25.6 Lakhs per year
5 years	₹15.0 Lakhs to ₹40.6 Lakhs per year

and so on.

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RAKBANK Business Analyst Salaries

RAKBANK Business Analyst salary in India ranges between ₹15 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 RAKBANK latest salaries received from various employees of RAKBANK.