Financial Analyst

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Financial Analyst Salary in Banking in India

based on 2.3k latest salaries

Average Annual Salary

6.6 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

32,752 - ₹ 34,026

Financial Analyst salary in India ranges between ₹ 2.2 Lakhs to ₹ 14.0 Lakhs with an average annual salary of ₹ 6.6 Lakhs. Salary estimates are based on 2.3k latest salaries received from Financial Analysts.

Last Updated: 6 Oct, 2024

Salaries in different departments

Finance & Accounting
Financial Analyst Salary
1 - 7 years exp. (1.3k salaries)
6.6 Lakhs

₹2.2 L/yr - ₹14 L/yr

BFSI, Investments & Trading
Financial Analyst Salary
1 - 7 years exp. (365 salaries)
6.7 Lakhs

₹2.2 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Financial Analyst Salary
1 - 7 years exp. (123 salaries)
5.8 Lakhs

₹2.2 L/yr - ₹13.5 L/yr

Data Science & Analytics
Financial Analyst Salary
1 - 6 years exp. (36 salaries)
5.5 Lakhs

₹2.3 L/yr - ₹14 L/yr

Marketing & Communication
Financial Analyst Salary
2 - 3 years exp. (3 salaries)
7 Lakhs

₹6.2 L/yr - ₹7 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Financial Analyst salary in India with less than 1 year of experience to 7 years ranges from ₹ 2.2 Lakhs to ₹ 14.0 Lakhs with an average annual salary of ₹ 6.6 Lakhs based on 2.3k latest salaries.

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Top Paying Companies for Financial Analyst Select an experience to unlock

Company name Avg Annual Salary
20.4 Lakhs
19.2 Lakhs
16.6 Lakhs
16.5 Lakhs
16 Lakhs
View more companies

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2.6 Lakhs
₹1.4 L/yr - ₹4.4 L/yr
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₹4 L/yr - ₹12 L/yr
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₹2 L/yr - ₹6.2 L/yr

Top Skills for Financial Analysts

based on 5,533 jobs

Skills

Jobs demanding the skill

1

Financial Analysis

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2

Finance

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3

Forecasting

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4

Financial Reporting

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5

Accounting

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Popular Banking Companies for Financial Analyst in India

Company Name Avg Annual Salary
0 - 8 yrs exp. (1.1k salaries)

4.2 Lakhs

₹1.7 L/yr - ₹10.2 L/yr

0 - 7 yrs exp. (364 salaries)

3.6 Lakhs

₹1.6 L/yr - ₹6.5 L/yr

0 - 7 yrs exp. (197 salaries)

5.2 Lakhs

₹1.8 L/yr - ₹16.5 L/yr

0 - 5 yrs exp. (194 salaries)

11.3 Lakhs

₹3 L/yr - ₹18 L/yr

3.5 Lakhs

₹2 L/yr - ₹7.8 L/yr

0 - 6 yrs exp. (95 salaries)

6.7 Lakhs

₹1.2 L/yr - ₹28 L/yr

1 - 7 yrs exp. (72 salaries)

4.8 Lakhs

₹2 L/yr - ₹10.9 L/yr

0 - 6 yrs exp. (69 salaries)

7.2 Lakhs

₹1.2 L/yr - ₹22 L/yr

0 - 9 yrs exp. (62 salaries)

7.2 Lakhs

₹3.5 L/yr - ₹15 L/yr

0 - 4 yrs exp. (59 salaries)

11.2 Lakhs

₹2.4 L/yr - ₹35 L/yr

Salary related reviews by similar designations like Financial Analyst

Assistant Vice President

3.0
posted on 01 Oct 2024

3.0 for Salary and Benefits

Likes

Nothing much. pune campus is nice to be in with many facilities

Dislikes

Too much office politics, groupism, regionalism Fave ppl take away the cream of the bonus leaving very little for others Hikes very less

read more

Assistant Vice President

5.0
posted on 11 Aug 2024

3.0 for Salary and Benefits

Likes

Good work life balance. Provides global financial experience and outlook. Quality of work can vary depending on the team. There are teams with really mundane work where others have high quality work. Liberal respectful culture.

read more

Dislikes

Nothing to dislike very much. But salary is typically just about median in many cases lower vs the industry. Designation and salary growth is typically slow.

read more

Senior Manager

5.0
posted on 31 Jul 2024

4.0 for Salary and Benefits

Likes

Good HR Good learning Ambitious bank So work culture is also competitive Targets used to be stretched and every year incremental target set Long working hours Work life balance is little low

read more

Dislikes

Increment is less Bonus is less Subsidised loan to staff are not available

read more

Manager

3.0
posted on 21 Sep 2024

5.0 for Salary and Benefits

Likes

Job security is there, work life balance is also, one time salary is good but yearly appraisals are not good. Rest the company for staying for long time and take a retirement.

read more

Dislikes

Company is good for staying long and take a retirement but if you want to grow and learn then it's not the right place especially DB Jaipur. Hearchichy is limited so limited promotion chances.

read more

Deputy Manager

3.0
posted on 25 Jul 2024

3.0 for Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more

Frequently Asked Questions about Financial Analyst Salaries

What is the salary of a Financial Analyst in India?
Average salary for a Financial Analyst in India is 6.6 Lakhs per year (₹55.1k per month). Salary estimates are based on 2.3k latest salaries received from various Financial Analysts across industries.
What are the top paying companies that employ Financial Analysts?
What is the starting salary for a Financial Analyst in India?
Average starting Salary for Financial Analyst in India is around ₹2.2 Lakhs per year (₹18.3k per month). 1 year of minimum experience is required to be a Financial Analyst.
What is the highest salary for a Financial Analyst in India?
Highest salary that a Financial Analyst can earn is ₹14.0 Lakhs per year (₹1.2L per month).
How does Financial Analyst Salary in India change with experience?
An Entry Level Financial Analyst with less than three years of experience earns an average salary of ₹5.1 Lakhs per year. A mid-career Financial Analyst with 4-9 years of experience earns an average salary of ₹6.7 Lakhs per year, while an experienced Financial Analyst with 10-20 years of experience earns an average salary of ₹16.4 Lakhs per year.
What are the top paying industries for Financial Analyst in India?
What are the top paying cities for Financial Analyst in India?
What are the popular/top skills required to become a Financial Analyst?
These are the top skills of a Financial Analyst based on 5.5k jobs posted by employers.
  • Financial Analysis
  • Finance
  • Forecasting
  • Financial Reporting
  • Accounting