State Bank of India Pune Business Analyst Salaries by 4 Employees

5 - 11 years exp.

₹10 Lakhs - ₹20 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

55% more than the average Business Analyst Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Analyst Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹20 L/yr
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Data Science & Analytics Business Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹18.5 L/yr

Last Updated: 27 Dec 2024

Companies similar to State Bank of India for Business Analyst in Pune

State Bank of India Business Analyst Salary

5 - 11 years exp. (4 salaries)

₹10 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Barclays Business Analyst Salary 0 - 14 years exp. (308 salaries)	₹7.8 L/yr - ₹29 L/yr 9% more
HDFC Bank Business Analyst Salary 0 - 12 years exp. (137 salaries)	₹4 L/yr - ₹16.4 L/yr 38% less	4 job openings
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ICICI Bank Business Analyst Salary 0 - 11 years exp. (100 salaries)	₹4 L/yr - ₹15.3 L/yr 42% less
Axis Bank Business Analyst Salary 0 - 10 years exp. (78 salaries)	₹4 L/yr - ₹13.6 L/yr 48% less
Kotak Mahindra Bank Business Analyst Salary 1 - 10 years exp. (64 salaries)	₹5.5 L/yr - ₹16.4 L/yr 38% less
Deutsche Bank Business Analyst Salary 1 - 10 years exp. (64 salaries)	₹10 L/yr - ₹24.6 L/yr 11% less	4 job openings
Canara Bank Business Analyst Salary 4 - 14 years exp. (31 salaries)	₹8.3 L/yr - ₹21 L/yr 3% more
Yes Bank Business Analyst Salary 1 - 11 years exp. (25 salaries)	₹4 L/yr - ₹13 L/yr 54% less
IDFC FIRST Bank Business Analyst Salary 1 - 9 years exp. (23 salaries)	₹4 L/yr - ₹16.5 L/yr 42% less
IndusInd Bank Business Analyst Salary 2 - 13 years exp. (22 salaries)	₹4 L/yr - ₹15.5 L/yr 43% less	4 job openings
Standard Chartered Business Analyst Salary 5 - 15 years exp. (16 salaries)	₹8.5 L/yr - ₹31 L/yr 23% more
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AU Small Finance Bank Business Analyst Salary 1 - 9 years exp. (13 salaries)	₹4.5 L/yr - ₹15.8 L/yr 43% less	2 job openings
Bank of Baroda Business Analyst Salary 5 - 9 years exp. (8 salaries)	₹5.9 L/yr - ₹14.3 L/yr 31% less
Bandhan Bank Business Analyst Salary 2 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹13 L/yr 41% less

Business Analyst salary at State Bank of India ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Business Analyst salaries in Pune

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
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7 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
8 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
9 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
10 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
11 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹21.9 L/yr

View all

Similar Designation salaries in State Bank of India

Team Lead Salary

(3 salaries)

₹2.7 L/yr - ₹3.39 L/yr

Senior Associate Salary

(3 salaries)

₹7.1 L/yr - ₹10 L/yr

Top skills at State Bank of India for Business Analyst

Business Analysis Requirements Management Swot Analysis Banking Market Analysis SQL

Salary related reviews for State Bank of India

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Fixed salary

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Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

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Deputy Manager in Mumbai

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Nothing to like really. You just get stuck in doing monotonous job

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...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

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for Salary and Benefits

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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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State Bank of India Business Analyst Salary FAQs

What is the salary of Business Analyst at State Bank of India in Pune?

The average salary of a Business Analyst at State Bank of India in Pune typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Business Analyst in Pune at State Bank of India earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Business Analyst Salaries at State Bank of India 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 State Bank of India employees in India.

What is the estimated take home salary of a Business Analyst at State Bank of India in Pune?

The estimated take-home salary of a Business Analyst at State Bank of India in Pune typically ranges from ₹1,10,320 to ₹1,13,375 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 State Bank of India. 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 State Bank of India in Pune?

To be a Business Analyst at State Bank of India in Pune, the key skills required include:

- Business Analysis
- Requirements Management
- Swot Analysis
- Banking
- Market Analysis

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

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

Standard Chartered	₹8.5 Lakhs to ₹31.0 Lakhs per year
Barclays	₹7.8 Lakhs to ₹29.0 Lakhs per year
Canara Bank	₹8.3 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Business Analyst in companies similar to State Bank of India in Pune?

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

Deutsche Bank	₹10.0 Lakhs to ₹24.6 Lakhs per year
Bank of Baroda	₹5.9 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindra Bank	₹5.5 Lakhs to ₹16.4 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹16.4 Lakhs per year
Bandhan Bank	₹5.2 Lakhs to ₹13.0 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 State Bank of India in Pune?

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

Experience	Average Salary Range
5 years	₹11.9 Lakhs to ₹15.2 Lakhs per year
6 years	₹12.8 Lakhs to ₹16.4 Lakhs per year
7 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
8 years	₹14.5 Lakhs to ₹18.6 Lakhs per year

and so on.

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State Bank of India Business Analyst Salaries in Pune

State Bank of India Business Analyst salary in Pune ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.