Rand Merchant Bank Quantitative Analyst Salaries by 4 Employees (Updated 2025)

5 - 7 years exp.

₹16.5 Lakhs - ₹36 Lakhs

Salary of majority employees

38% more than the average Quantitative Analyst Salary in Financial Services Companies for 5 - 7 years of experience

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Salaries in different departments

Finance & Accounting Quantitative Analyst Salary 5 - 7 years exp. (3 salaries)	₹16.5 L/yr - ₹27.5 L/yr
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BFSI, Investments & Trading Quantitative Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹32.4 L/yr - ₹39.6 L/yr

Last Updated: 15 Aug 2024

Companies similar to Rand Merchant Bank for Quantitative Analyst

Company name	Avg Annual Salary	Open Jobs
Axis Bank Quantitative Analyst Salary 3 years exp. (3 salaries)	₹19 L/yr - ₹25 L/yr 8% less
UBS Quantitative Analyst Salary 0 - 4 years exp. (54 salaries)	₹10 L/yr - ₹28 L/yr 27% less
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JPMorgan Chase & Co. Quantitative Analyst Salary 0 - 5 years exp. (50 salaries)	₹10 L/yr - ₹42 L/yr 2% less
Dolat Capital Market Quantitative Analyst Salary 0 - 4 years exp. (40 salaries)	₹8.5 L/yr - ₹25.5 L/yr 33% less
Crisil Quantitative Analyst Salary 0 - 4 years exp. (43 salaries)	₹8 L/yr - ₹15 L/yr 59% less

Quantitative Analyst salary at Rand Merchant Bank ranges between ₹16.5 Lakhs to ₹36 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank.

Experience wise Rand Merchant Bank Quantitative Analyst salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹31.9 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹27.5 L/yr
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7 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹36 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

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Rand Merchant Bank Quantitative Analyst Salary FAQs

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

Quantitative Analyst salary at Rand Merchant Bank in India ranges between ₹16.5 Lakhs to ₹36.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 38% more than the average Quantitative Analyst Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Rand Merchant Bank India.

How does the salary of a Quantitative Analyst at Rand Merchant Bank India compare with the average salary range for this job?

The average salary of a Quantitative Analyst at Rand Merchant Bank is 38% more than the average salary of a Quantitative Analyst in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Quantitative Analyst Salary - ₹10.0 Lakhs to ₹42.0 Lakhs per year
Axis Bank Quantitative Analyst Salary - ₹19.0 Lakhs to ₹25.0 Lakhs per year
UBS Quantitative Analyst Salary - ₹10.0 Lakhs to ₹28.0 Lakhs per year
Dolat Capital Market Quantitative Analyst Salary - ₹8.5 Lakhs to ₹25.5 Lakhs per year
Crisil Quantitative Analyst Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Quantitative Analyst at Rand Merchant Bank ranges between ₹1,58,653 per month to ₹1,64,690 per month in India. The take-home salary calculation is based on the average Rand Merchant Bank Quantitative Analyst salary in India which ranges between ₹16.5 Lakhs to ₹36.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Quantitative Analyst at Rand Merchant Bank?

According to AmbitionBox, 100% of the Rand Merchant Bank Quantitative Analysts reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Rand Merchant Bank Quantitative Analyst Salaries

Rand Merchant Bank Quantitative Analyst salary in India ranges between ₹16.5 Lakhs to ₹36 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.