Principal Engineer
Annual salary range
₹25.5 Lakhs - ₹50 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byPrincipal Engineer Salary in Banking in India
based on 101
latest salaries
• updated:
24 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Principal Engineer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
8
years
(3
salaries)
|  ₹11 L/yr - ₹30 L/yr |
10
years
(6
salaries)
| ₹23 L/yr - ₹59 L/yr |
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| |
11
years
(6
salaries)
| ₹30.4 L/yr - ₹45 L/yr |
12
years
(15
salaries)
| ₹31.4 L/yr - ₹41.9 L/yr |
13
years
(12
salaries)
| ₹30 L/yr - ₹46.5 L/yr |
View all salaries by experience
Principal Engineer Salary in
India ranges between ₹25.5
Lakhs to ₹50
Lakhs for
8 years of experience to 17 years of experience
. Salary estimates are based on
101 latest salaries received
from Principal Engineer.
See latest salaries
Principal Engineer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Engineering - Software & QA
Principal Engineer Salary
10 - 17
years
exp.
(68
salaries)
| ₹29 L/yr - ₹50 L/yr |
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| |
Project & Program Management
Principal Engineer Salary
15 - 17
years
exp.
(7
salaries)
| ₹25.5 L/yr - ₹50 L/yr |
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Principal Engineers
1d ago
Collins Aerospace
Principal Engineer
16 years exp.
1d ago
Collins Aerospace
Principal Engineer
14 years exp.
2d ago
The Nuance Group AG
Principal Engineer
16 years exp.
2d ago
Eli Lilly and Company
Principal Engineer
9 years exp.
2d ago
Vendavo
Principal Engineer
14 years exp.
2d ago
ELGI Equipments
Principal Engineer
16 years exp.
2d ago
Acsion Engineering
Principal Engineer
10 years exp.
2d ago
Arcesium
Principal Engineer
13 years exp.
2d ago
Hughes Software Systems
Principal Engineer
8 years exp.
2d ago
Incedo
Principal Engineer
17 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | 11 job openings | |
| | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
12 -
20
yrs
exp.
(87 salaries)
|
₹25.5 L/yr - ₹51 L/yr | |
6 -
19
yrs
exp.
(16 salaries)
|
₹19.3 L/yr - ₹50 L/yr | |
Login to view exact salary
| ||
10 -
16
yrs
exp.
(13 salaries)
|
₹23 L/yr - ₹51 L/yr | |
18 -
20
yrs
exp.
(5 salaries)
|
₹46 L/yr - ₹53 L/yr | |
4 -
17
yrs
exp.
(3 salaries)
|
₹30 L/yr - ₹41.9 L/yr | |
14 -
15
yrs
exp.
(3 salaries)
|
₹35 L/yr - ₹42 L/yr | |
10 -
20
yrs
exp.
(3 salaries)
|
₹50 L/yr - ₹60 L/yr | |
10 -
15
yrs
exp.
(3 salaries)
|
₹34.5 L/yr - ₹45 L/yr | |
Login to view exact salary
| ||
16 yrs
exp.
(AmbitionBox Estimate)
|
₹29 L/yr - ₹37.1 L/yr | |
11 -
18
yrs
exp.
(AmbitionBox Estimate)
|
₹66.2 L/yr - ₹73.1 L/yr | |
Principal Engineer Jobs in India
Principal Engineer
· 8-12 years
Verizon Data Services India Pvt.Ltd
Hyderabad / Secunderabad
Principal Engineer
· 9-17 years
Amazon India Software Dev Centre Pvt Ltd
Bangalore / Bengaluru
Principal Engineer
· 10-15 years
WSP
Noida
Similar Designation Salaries for Principal Engineer
| Designations | Avg Annual Salary |
|---|---|
Senior Engineer Salary
3 -
11
years
exp.
(733 salaries)
| ₹3.7 L/yr - ₹25 L/yr |
Lead Engineer Salary
4 -
11
years
exp.
(11.5k salaries)
| ₹5 L/yr - ₹15 L/yr |
Login to view exact salary
| |
Principal Software Engineer Salary
7 -
15
years
exp.
(27 salaries)
| ₹19.5 L/yr - ₹63.6 L/yr |
Principal Consultant Salary
8 -
19
years
exp.
(132 salaries)
| ₹24 L/yr - ₹43.3 L/yr |
Software Engineer Salary
1 -
5
years
exp.
(21.7k salaries)
| ₹3 L/yr - ₹11.9 L/yr |
View more similar designations
Salary related reviews by similar designations like Principal Engineer
NatWest Group
Principal Engineer
• posted on 26 Oct 2024
Likes
Work life balance is at its best here. Self learning is supported
- Salary - Good+6 more
Dislikes
Salary is less here as compared to. Competitors...
Standard Chartered
Manager
• posted on 08 Sep 2018
Likes
Salary on time Everytime Leave policies Good hike every year
- Salary - Excellent
Dislikes
Work culture Legacy tools, processes, Technologies and people Heights of politics than I have ever experienced.
- Job security - Poor+2 more
NatWest Group
Software Engineer
• posted on 28 Aug 2023
Likes
Perfect work life balance, free cab service, timely salary disbursement, proper work.
read more- Salary - Good+5 more
Dislikes
Nothing as of now.
NatWest Group
Software Engineer
• posted on 09 Jun 2024
Likes
...helpful environment 3. Great work life balance. No weekend work. No overtime. 4. Salary is decent enough.
read more- Salary - Good+3 more
Dislikes
1. Very little appraisal. 2. Management people are full of it. Many micro-manage a lot and dont have any proper technical knowledge. 3. No skill development unless you are in a good BU. Too much operational work - It gets on your nerve.
read more- Skill development - Poor+2 more
Top skills for Principal Engineer
Principal Engineer Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Principal Engineer
7 -
17
years
exp.
| ₹15 L/yr - ₹70 L/yr |
Hyderabad / Secunderabad
Principal Engineer
7 -
17
years
exp.
| ₹13.5 L/yr - ₹53 L/yr |
Login to view exact salary
| |
Chennai
Principal Engineer
7 -
17
years
exp.
| ₹9 L/yr - ₹45 L/yr |
Mumbai
Principal Engineer
7 -
17
years
exp.
| ₹12 L/yr - ₹43 L/yr |
Pune
Principal Engineer
7 -
17
years
exp.
| ₹12.9 L/yr - ₹50 L/yr |
View More
Principal Engineer Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
IT Services & Consulting
Principal Engineer
7 -
17
years
exp.
| ₹14 L/yr - ₹54 L/yr |
Software Product
Principal Engineer
7 -
17
years
exp.
| ₹14.1 L/yr - ₹65 L/yr |
Login to view exact salary
| |
Internet
Principal Engineer
7 -
17
years
exp.
| ₹18 L/yr - ₹77.5 L/yr |
Manufacturing
Principal Engineer
7 -
17
years
exp.
| ₹15.9 L/yr - ₹51 L/yr |
Engineering & Construction
Principal Engineer
7 -
17
years
exp.
| ₹10.5 L/yr - ₹33.3 L/yr |
View More
Frequently Asked Questions about Principal Engineer Salaries
What is the salary of a Principal Engineer in India?
Salary for a Principal Engineer in India ranges between ₹25.5 Lakhs to ₹50.0 Lakhs per year. Salary estimates are based on 101 latest salaries received from various Principal Engineers across industries.
What are the top paying companies that employ Principal Engineers?
- Synopsys Principal Engineer Salary - ₹95.1 Lakhs per year
- Walmart Principal Engineer Salary - ₹92.8 Lakhs per year
- STMicroelectronics Principal Engineer Salary - ₹92.8 Lakhs per year
- Salesforce Principal Engineer Salary - ₹90.1 Lakhs per year
- NetApp Principal Engineer Salary - ₹88.3 Lakhs per year
What is the starting salary for a Principal Engineer in India?
Average starting Salary for Principal Engineer in India is around ₹25.5 Lakhs per year (₹2.1L per month). 8 years of minimum experience is required to be a Principal Engineer.
What is the highest salary for a Principal Engineer in India?
Highest salary that a Principal Engineer can earn is ₹100.0 Lakhs per year (₹8.3L per month).
What are the top paying industries for Principal Engineer in India?
- Internet - ₹1.0 Lakhs to 500.0 Lakhs per year
- Software Product - ₹3.0 Lakhs to 350.0 Lakhs per year
- Consumer Electronics & Appliances - ₹12.0 Lakhs to 100.0 Lakhs per year
- IT Services & Consulting - ₹0.8 Lakhs to 120.0 Lakhs per year
- Engineering & Construction - ₹5.0 Lakhs to 75.0 Lakhs per year
What are the top paying cities for Principal Engineer in India?
- Noida - ₹31.0 Lakhs to 60.0 Lakhs per year
- Gurgaon / Gurugram - ₹25.4 Lakhs to 50.0 Lakhs per year
- New Delhi - ₹30.5 Lakhs to 51.0 Lakhs per year
- Bangalore / Bengaluru - ₹20.0 Lakhs to 47.0 Lakhs per year
- Chennai - ₹23.0 Lakhs to 50.0 Lakhs per year
What are the popular/top skills required to become a Principal Engineer?
These are the top skills of a Principal Engineer based on 381 jobs posted by employers.
- SQL
- Python
- Javascript
- Java
- AWS
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