Rand Merchant Bank Salaries by 40+ Employees (Updated 2025)

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BFSI, Investments & Trading Finance & Accounting Engineering - Software & QA Risk Management & Compliance

Designation	Avg Annual Salary	Open Jobs
Credit Analyst 3 - 11 years exp. (6 salaries)	₹12.5 L/yr - ₹50.2 L/yr
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Quant Analyst 6 - 9 years exp. (4 salaries)	₹26.5 L/yr - ₹32 L/yr
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Quantitative Analyst 5 - 7 years exp. (4 salaries)	₹16.5 L/yr - ₹36 L/yr
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Market Risk Analyst 2 - 4 years exp. (3 salaries)	₹15 L/yr - ₹18.5 L/yr
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Credit Risk Analyst 5 - 7 years exp. (3 salaries)	₹21 L/yr - ₹27.5 L/yr
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Technical Analyst 12 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹27 L/yr
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Team Lead 11 - 12 years exp. (AmbitionBox Estimate)	₹43.7 L/yr - ₹55.8 L/yr
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Program Manager 18 years exp. (AmbitionBox Estimate)	₹48 L/yr - ₹53 L/yr
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Senior Consultant 0 - 6 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Technical Lead Experience: NA (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Software Engineer 4 - 5 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
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Application Analyst 5 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Valuation Analyst 8 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Analyst 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Data Analyst 4 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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Senior Business Analyst 12 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹32.2 L/yr
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Senior Java Developer 8 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Senior Credit Analyst 2 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Quantitative Risk Analyst 1 year exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Senior Business Solutions Analyst 13 years exp. (AmbitionBox Estimate)	₹28.8 L/yr - ₹36.8 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Rand Merchant Bank

4.8

Rated by 4 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

Rand Merchant Bank Salary FAQs

How much does Rand Merchant Bank pay to its employees?

The average annual salary at Rand Merchant Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Rand Merchant Bank, are as follows:

Credit Analyst	₹12.5 Lakhs to ₹50.2 Lakhs per year
Quant Analyst	₹26.5 Lakhs to ₹32 Lakhs per year
Quantitative Analyst	₹16.5 Lakhs to ₹36 Lakhs per year
Market Risk Analyst	₹15 Lakhs to ₹18.5 Lakhs per year

The highest-paying role, Credit Analyst, earns between ₹12.5 Lakhs to ₹50.2 Lakhs per year. The top 10% of employees earn more than ₹42 Lakhs per year, and the top 1% earn over ₹57 Lakhs per year. 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 salary estimates are based on data from 44 salaries submitted by Rand Merchant Bank employees. Rand Merchant Bank is rated 4.8 out of 5 stars by its employees on the salary and benefits parameter.

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Rand Merchant Bank Salaries by Location

Average annual salary in Rand Merchant Bank is INR . Salary estimates are based on 40+ Rand Merchant Bank latest salaries received from various employees of Rand Merchant Bank.

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