Home > Salary > India > Bank Business Analyst
The occupation of a bank business analyst involves analyzing and evaluating various aspects of the bank's operations to identify areas for improvement and implement strategic solutions. They gather and analyze data, conduct market research, and collaborate with different departments to understand their needs and challenges. Bank business analysts also create and maintain documentation, including business requirements, process flows, and user manuals. They play a crucial role in identifying opportunities for automation and streamlining processes to enhance efficiency and customer satisfaction. Additionally, they may be involved in project management activities, such as planning, coordinating, and monitoring projects related to system upgrades or process improvements.
Estimated Yearly Salary: 2,700,270 INR
Estimated Monthly Salary: 225,023 INR
Estimated Weekly Salary: 51,928 INR per week
Estimated Hourly Salary: 1,298 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 217,718 INR
Estimated Weekly Salary: 50,243 INR per week
Estimated Hourly Salary: 1,256 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 29,966 USD
Estimated Monthly Salary: 2,497 USD
Estimated Weekly Salary: 576 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,700,270 INR
Estimated Monthly Salary: 225,023 INR
Estimated Weekly Salary: 51,928 INR per week
Estimated Hourly Salary: 1,298 INR per hour
By working as Bank Business Analyst a person can save up to 1,602 USD per month or 19,224 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Bank Business Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Bank Business Analyst salary in India
Average Yearly Salary of Bank Business Analyst in India is approximately 2,700,270 INR (29,966 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Bank Business Analyst do?
The occupation of a bank business analyst involves analyzing and evaluating various aspects of the bank's operations to identify areas for improvement and implement strategic solutions. They gather and analyze data, conduct market research, and collaborate with different departments to understand their needs and challenges. Bank business analysts also create and maintain documentation, including business requirements, process flows, and user manuals. They play a crucial role in identifying opportunities for automation and streamlining processes to enhance efficiency and customer satisfaction. Additionally, they may be involved in project management activities, such as planning, coordinating, and monitoring projects related to system upgrades or process improvements.
Skills: Bank, Business Analyst, Data Analysis, Process Improvement, Project Management, Market Research
Job industry: Finance
Job industry: Finance
How much does Bank Business Analyst make?
Salary details
How much does Bank Business Analyst make?Estimated Yearly Salary: 2,700,270 INR
Estimated Monthly Salary: 225,023 INR
Estimated Weekly Salary: 51,928 INR per week
Estimated Hourly Salary: 1,298 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,612,610 INREstimated Monthly Salary: 217,718 INR
Estimated Weekly Salary: 50,243 INR per week
Estimated Hourly Salary: 1,256 INR per hour
Last revision of data: 2024-01-02Bank Business Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,966 USD
Estimated Monthly Salary: 2,497 USD
Estimated Weekly Salary: 576 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Bank Business Analyst job salary compared to average salary in India.
Comparison shows that a person working as Bank Business Analyst in India earns on average:
1.46 times the average salary (or 146% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Bank Business Analyst job salary compared to average salary in India.
Comparison shows that a person working as Bank Business Analyst in India earns on average:
1.46 times the average salary (or 146% of average salary).
Is Bank Business Analyst a well paid job?
Yes, our data shows that Bank Business Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Bank Business Analyst?
High salary for Bank Business Analyst would be somewhere between 2,970,297 INR and 3,915,392 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Business Analyst in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,700,270 INR
Estimated Monthly Salary: 225,023 INR
Estimated Weekly Salary: 51,928 INR per week
Estimated Hourly Salary: 1,298 INR per hour
By working as Bank Business Analyst a person can save up to 1,602 USD per month or 19,224 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Business Analyst
Pakistan is 2,122 USD
China is 17,270 USD
Nepal is 9,842 USD
Bangladesh is 3,791 USD
Afghanistan is 8,055 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Signal maintainer (2,719,499 INR per year, pre-tax.)
Air force chief master sergeant air (3,145,254 INR per year, pre-tax.)
Melter (1,147,545 INR per year, pre-tax.)
Silk finisher (965,970 INR per year, pre-tax.)
Industrial nurse (1,488,219 INR per year, pre-tax.)
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Please note:The salary figures presented here are intended for reference purposes only.
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