Rand Merchant Bank Quant Analyst Salaries by 4 Employees

6 - 9 years exp.

₹26.5 Lakhs - ₹32 Lakhs

Salary of majority employees

74% more than the average Quant Analyst Salary in Financial Services Companies for 6 - 9 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Rand Merchant Bank for Quant Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Quant Analyst Salary 3 - 8 years exp. (28 salaries)	₹9.3 L/yr - ₹25.5 L/yr 42% less
Futures First info Services Quant Analyst Salary 0 - 3 years exp. (12 salaries)	₹9 L/yr - ₹17 L/yr 60% less
Login to view exact salary
Dolat Capital Market Quant Analyst Salary 0 - 1 year exp. (7 salaries)	₹12 L/yr - ₹25 L/yr 41% less
UBS Quant Analyst Salary 0 - 4 years exp. (7 salaries)	₹10 L/yr - ₹25 L/yr 28% less
Decimal Point Analytics Quant Analyst Salary 0 - 2 years exp. (5 salaries)	₹2.7 L/yr - ₹4 L/yr 89% less

Quant Analyst salary at Rand Merchant Bank ranges between ₹26.5 Lakhs to ₹32 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank.

Experience wise Rand Merchant Bank Quant Analyst salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹26.5 L/yr - ₹47.8 L/yr
7 years (AmbitionBox Estimate)	₹28 L/yr - ₹51.5 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹32 L/yr
9 years (AmbitionBox Estimate)	₹32 L/yr - ₹32 L/yr

Similar Designation salaries in Rand Merchant Bank

Data Analyst Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Rand Merchant Bank

4.0

Rated by 1 employees for salary & benefits

Quant Analyst in Navi Mumbai

BFSI, Investments & Trading Department

5.0

• posted on 18 Apr 2022

4.0

for Salary and Benefits

Likes

Lot of learning opportunities, freedom to get work done in your own way, more than sufficient internal mobility, direct interaction with the management

Salary - Good

+6 more

Dislikes

Lack of exposure to developed markets like New York, Singapore, Tokyo; limited scope of products, though it's improving

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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

Got a question about Rand Merchant Bank?

Ask anonymously on communities.

Rand Merchant Bank Quant Analyst Salary FAQs

What is the salary of Quant Analyst at Rand Merchant Bank ?

The average salary of a Quant Analyst at Rand Merchant Bank in India typically ranges from ₹26.5 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Quant Analyst at Rand Merchant Bank earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Quant Analyst Salaries at Rand Merchant Bank 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 4 Rand Merchant Bank employees in India.

What is the estimated take home salary of a Quant Analyst at Rand Merchant Bank in India?

The estimated take-home salary of a Quant Analyst at Rand Merchant Bank in India typically ranges from ₹1,82,136 to ₹1,89,235 per month. This is based on the average salary range of ₹26.5 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 6 years to 9 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 4 salaries received from various employees of Rand Merchant Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Quant Analyst in companies similar to Rand Merchant Bank in India?

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

UBS	₹10.0 Lakhs to ₹25.0 Lakhs per year
Dolat Capital Market	₹12.0 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co.	₹9.3 Lakhs to ₹25.5 Lakhs per year
Futures First info Services	₹9.0 Lakhs to ₹17.0 Lakhs per year
Decimal Point Analytics	₹2.7 Lakhs to ₹4.0 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 Quant Analyst at Rand Merchant Bank in India?

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

Experience	Average Salary Range
6 years	₹26.5 Lakhs to ₹47.8 Lakhs per year
7 years	₹28.0 Lakhs to ₹51.5 Lakhs per year
8 years	₹12.3 Lakhs to ₹32.0 Lakhs per year
9 years	₹32.0 Lakhs to ₹32.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Rand Merchant Bank Salaries >
Rand Merchant Bank Quant Analyst Salaries

Rand Merchant Bank Quant Analyst salary in India ranges between ₹26.5 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rand Merchant Bank latest salaries received from various employees of Rand Merchant Bank.