Merger and Acquisition (M&A) is related with strategic management in the corporate world. M&A is used to satiate the hunger of growth and expansion of business houses and to increase the customer base. This study is focused on Post-Merger Performance Analysis of banks and provides a model which exhibits proper Merger and Acquisition Analysis. The model can be used for analysis of future mergers and acquisitions of Indian banks. Qualitative Research Methodology is performed in this study using SWOT Analysis. Based on the qualitative analyses, this paper concludes that the mergers of banks are successful and beneficial for the new amalgamated entity as well as to the shareholders and customers.