RBL Bank Mumbai Business Analyst Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹4 Lakhs - ₹16.5 Lakhs

Salary of majority employees

11% less than the average Business Analyst Salary in Banking Companies for 1 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 7 years exp. (16 salaries)	₹4.8 L/yr - ₹13 L/yr
Project & Program Management Business Analyst Salary 1 - 5 years exp. (7 salaries)	₹4.2 L/yr - ₹14.7 L/yr
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Engineering - Software & QA Business Analyst Salary 3 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹10.9 L/yr
Risk Management & Compliance Business Analyst Salary 2 - 4 years exp. (3 salaries)	₹4 L/yr - ₹16.5 L/yr
BFSI, Investments & Trading Business Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹10.9 L/yr

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Last Updated: 22 Mar 2025

Companies similar to RBL Bank for Business Analyst in Mumbai

RBL Bank Business Analyst Salary

1 - 7 years exp. (37 salaries)

₹4 L/yr - ₹16.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Analyst Salary 0 - 13 years exp. (346 salaries)	₹5 L/yr - ₹17 L/yr 19% more	4 job openings
Axis Bank Business Analyst Salary 0 - 10 years exp. (274 salaries)	₹5.9 L/yr - ₹18.5 L/yr 24% more
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ICICI Bank Business Analyst Salary 0 - 12 years exp. (153 salaries)	₹4 L/yr - ₹16.7 L/yr 3% more
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (150 salaries)	₹10 L/yr - ₹18.5 L/yr 16% more
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (81 salaries)	₹6 L/yr - ₹24.5 L/yr 58% more
Yes Bank Business Analyst Salary 1 - 10 years exp. (36 salaries)	₹3.5 L/yr - ₹12.9 L/yr 15% less
IndusInd Bank Business Analyst Salary 2 - 11 years exp. (32 salaries)	₹4 L/yr - ₹14.1 L/yr 2% more
Standard Chartered Business Analyst Salary 5 - 10 years exp. (8 salaries)	₹7.1 L/yr - ₹19 L/yr 89% more
Barclays Investment Bank Business Analyst Salary 1 - 5 years exp. (6 salaries)	₹7.5 L/yr - ₹21 L/yr 76% more
Utkarsh Small Finance Bank Business Analyst Salary 1 - 19 years exp. (4 salaries)	₹5.5 L/yr - ₹15 L/yr 19% more
HSBC Global Banking and Markets Business Analyst Salary 3 - 7 years exp. (3 salaries)	₹8.1 L/yr - ₹13.4 L/yr 37% more
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Business Analyst salary at RBL Bank ranges between ₹4 Lakhs to ₹16.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 37 latest salaries received from various employees of RBL Bank.

Experience wise RBL Bank Business Analyst salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.9 L/yr - ₹12.4 L/yr
2 years (8 salaries)	₹3.5 L/yr - ₹13 L/yr
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3 years (5 salaries)	₹4.5 L/yr - ₹15.9 L/yr
4 years (6 salaries)	₹4.6 L/yr - ₹16.5 L/yr
5 years (9 salaries)	₹4 L/yr - ₹14.7 L/yr
6 years (3 salaries)	₹7.5 L/yr - ₹18.4 L/yr
7 years (4 salaries)	₹7.5 L/yr - ₹10.9 L/yr

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Similar Designation salaries in RBL Bank

Data Scientist Salary

(33 salaries)

₹7.75 L/yr - ₹15.47 L/yr

Project Manager Salary

(24 salaries)

₹5 L/yr - ₹13.5 L/yr

Team Lead Salary

(9 salaries)

₹3.22 L/yr - ₹4.5 L/yr

Data Analyst Salary

(7 salaries)

₹3.1 L/yr - ₹8.49 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹10 L/yr

Senior Business Analyst Salary

(4 salaries)

₹9.5 L/yr - ₹19.19 L/yr

Top skills at RBL Bank for Business Analyst

System Analysis Retail Assets Solution Design Automation Project Management Personal Loans Calling Digital Transformation SR Project Management User Training Requirement Gathering Process Improvement FSD Business Analysis

Salary related reviews for RBL Bank

3.3

Rated by 5 employees for salary & benefits

Deputy Manager in Navi Mumbai

CSR & Social Service Department

2.0

• posted on 26 Dec 2021

1.0

for Salary and Benefits

Likes

Exposure and responsibilities beyond experience which gives a person to learn.

Dislikes

1. No Industry parity in pay 2. Toxic work culture 3. No work-life balance 4. Unbearable infrastructure 5. Namesake designations without much impact on earnings.

Salary - Bad

+5 more

Product Manager in Mumbai

Product Management Department

1.0

• posted on 27 Jul 2021

1.0

for Salary and Benefits

Likes

Job security is good since employees quit constantly

Dislikes

...e is no automation on basic day to day activities which consume all your time. Pay is too less compared to the market. Managers are not helpful. They dont care about your health or well being. Faced lot of problems during pandemic though I work in corporate office in a role which is neither customer facing nor requires my presence at the office.

Salary - Bad

+5 more

Product Manager in Mumbai

Product Management Department

5.0

• posted on 11 Aug 2021

5.0

for Salary and Benefits

Likes

Work Culture is pretty good & cordial- Seniors have an open door policy. Worklife balance is definitely a plus & lots of learning opportunities for beginners.

Salary - Excellent

+6 more

Dislikes

Salary to some extent , if raised at entry level, would become a fantastic addition.

Deputy Manager in Navi Mumbai

Finance & Accounting Department

2.0

• posted on 06 Dec 2020

1.0

for Salary and Benefits

Likes

I'm in branch banking operations and manager and other upper level staff has no transperancy between them and ground level operations staff. The worst manager I got, I mean when I got affected with corona he didn't even bother to call me and ask me about my health. We are not allowed to work from home or on alternative days at all. Poor management.

Dislikes

...e turned on their conditions. They offered me branch banking operations role. i.e service delivery ambassador non cash with low package and now they changed my role to aspire Relationship manager with same remuneration. Where, other people are joining as aspire RM are getting better remuneration than operations staff.

Salary - Bad

+6 more

Assistant Vice President

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 09 Mar 2019

3.0

for Salary and Benefits

Likes

Excellent experience. Good place to work Fastest growing up. Adopting latest technology.Am part of one of important lending product. Culture is good and good support from management team.

Skill development - Good

+5 more

Dislikes

Compensation is decent.

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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

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RBL Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at RBL Bank in Mumbai?

The average salary of a Business Analyst at RBL Bank in Mumbai typically ranges from ₹4.0 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Business Analyst in Mumbai at RBL Bank earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹16.5 Lakhs per year. Business Analyst Salaries at RBL 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 30+ RBL Bank employees in India.

What is the estimated take home salary of a Business Analyst at RBL Bank in Mumbai?

The estimated take-home salary of a Business Analyst at RBL Bank in Mumbai typically ranges from ₹67,427 to ₹69,154 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 1 year to 7 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 30+ salaries received from various employees of RBL Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Analyst at RBL Bank in Mumbai?

To be a Business Analyst at RBL Bank in Mumbai, the key skills required include:

- System Analysis
- Retail Assets
- Solution Design
- Automation
- Project Management

These skills are highly valued at RBL Bank and are crucial for successful performance in a Software Engineering role.

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

Standard Chartered	₹7.1 Lakhs to ₹19.0 Lakhs per year
Barclays Investment Bank	₹7.5 Lakhs to ₹21.0 Lakhs per year
IDFC FIRST Bank	₹6.0 Lakhs to ₹24.5 Lakhs per year
HSBC Global Banking and Markets	₹8.1 Lakhs to ₹13.4 Lakhs per year
Axis Bank	₹5.9 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a Business Analyst in companies similar to RBL Bank in Mumbai?

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

HDFC Bank	₹5.0 Lakhs to ₹17.0 Lakhs per year
Utkarsh Small Finance Bank	₹5.5 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank	₹10.0 Lakhs to ₹18.5 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹16.7 Lakhs per year
IndusInd Bank	₹4.0 Lakhs to ₹14.1 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 RBL Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹6.9 Lakhs to ₹12.4 Lakhs per year
2 years	₹3.5 Lakhs to ₹13.0 Lakhs per year
3 years	₹4.5 Lakhs to ₹15.9 Lakhs per year
4 years	₹4.6 Lakhs to ₹16.5 Lakhs per year

and so on.

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RBL Bank Business Analyst Salaries in Mumbai

RBL Bank Business Analyst salary in Mumbai ranges between ₹4 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 RBL Bank latest salaries received from various employees of RBL Bank.