Home > Salary > India > Banking Analyst
A banking analyst is a financial professional who specializes in evaluating and analyzing the performance of banks and financial institutions. They are responsible for conducting research, gathering data, and preparing reports on various aspects such as financial statements, market trends, risk assessment, and investment opportunities. Banking analysts also monitor regulatory compliance, assess creditworthiness, and provide recommendations to senior management or clients.
The role of a banking analyst requires strong analytical skills, attention to detail, and proficiency in financial modeling and data analysis. They must stay updated with industry trends, economic developments, and regulatory changes that may impact the banking sector. Effective communication and presentation skills are essential for conveying complex financial information to stakeholders.
Estimated Yearly Salary: 2,788,492 INR
Estimated Monthly Salary: 232,374 INR
Estimated Weekly Salary: 53,625 INR per week
Estimated Hourly Salary: 1,341 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 225,038 INR
Estimated Weekly Salary: 51,932 INR per week
Estimated Hourly Salary: 1,298 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 31,163 USD
Estimated Monthly Salary: 2,597 USD
Estimated Weekly Salary: 599 USD per week
Estimated Hourly Salary: 15 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: 2,788,492 INR
Estimated Monthly Salary: 232,374 INR
Estimated Weekly Salary: 53,625 INR per week
Estimated Hourly Salary: 1,341 INR per hour
By working as Banking Analyst a person can save up to 1,702 USD per month or 20,421 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 Banking Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Banking Analyst salary in India
Average Yearly Salary of Banking Analyst in India is approximately 2,788,492 INR (31,163 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 Banking Analyst do?
A banking analyst is a financial professional who specializes in evaluating and analyzing the performance of banks and financial institutions. They are responsible for conducting research, gathering data, and preparing reports on various aspects such as financial statements, market trends, risk assessment, and investment opportunities. Banking analysts also monitor regulatory compliance, assess creditworthiness, and provide recommendations to senior management or clients.
The role of a banking analyst requires strong analytical skills, attention to detail, and proficiency in financial modeling and data analysis. They must stay updated with industry trends, economic developments, and regulatory changes that may impact the banking sector. Effective communication and presentation skills are essential for conveying complex financial information to stakeholders.
Skills: Banking, Financial Analysis, Risk Assessment, Investment Opportunities, Regulatory Compliance, Financial Modeling
Job industry: Finance
Job industry: Finance
How much does Banking Analyst make?
Salary details
How much does Banking Analyst make?Estimated Yearly Salary: 2,788,492 INR
Estimated Monthly Salary: 232,374 INR
Estimated Weekly Salary: 53,625 INR per week
Estimated Hourly Salary: 1,341 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,700,450 INREstimated Monthly Salary: 225,038 INR
Estimated Weekly Salary: 51,932 INR per week
Estimated Hourly Salary: 1,298 INR per hour
Last revision of data: 2024-01-03Banking Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,163 USD
Estimated Monthly Salary: 2,597 USD
Estimated Weekly Salary: 599 USD per week
Estimated Hourly Salary: 15 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
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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 Banking Analyst job salary compared to average salary in India.
Comparison shows that a person working as Banking Analyst in India earns on average:
1.51 times the average salary (or 151% 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 Banking Analyst job salary compared to average salary in India.
Comparison shows that a person working as Banking Analyst in India earns on average:
1.51 times the average salary (or 151% of average salary).
Is Banking Analyst a well paid job?
Yes, our data shows that Banking 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 Banking Analyst?
High salary for Banking Analyst would be somewhere between 3,067,341 INR and 4,043,313 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking 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: 2,788,492 INR
Estimated Monthly Salary: 232,374 INR
Estimated Weekly Salary: 53,625 INR per week
Estimated Hourly Salary: 1,341 INR per hour
By working as Banking Analyst a person can save up to 1,702 USD per month or 20,421 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 Banking Analyst
Pakistan is 2,190 USD
China is 17,808 USD
Nepal is 10,221 USD
Bangladesh is 3,919 USD
Afghanistan is 8,344 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.)
(16,347,274 INR per year, pre-tax.)
(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:
Healthnutrition coordinator (1,361,160 INR per year, pre-tax.)
Payroll specialist (1,602,720 INR per year, pre-tax.)
Ux design lead (3,442,553 INR per year, pre-tax.)
Plant breeder (2,628,206 INR per year, pre-tax.)
Tax associate (1,924,842 INR per year, pre-tax.)
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