Axis Bank Associate Engineer Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹2 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

Fixed (50%)

₹3.4 Lakhs

Variable (50%)

₹3.3 Lakhs

23% more than the average Associate Engineer Salary in Banking Companies for 1 - 2 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Engineer Salary 1 - 2 years exp. (3 salaries)	₹4.8 L/yr - ₹8 L/yr
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Production, Manufacturing & Engineering Associate Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 23 Jan 2025

Companies similar to Axis Bank for Associate Engineer

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Associate Engineer Salary 2 - 10 years exp. (373 salaries)	₹10.8 L/yr - ₹33 L/yr 211% more	6 job openings
NatWest Group Associate Engineer Salary 0 - 9 years exp. (47 salaries)	₹2.7 L/yr - ₹5.9 L/yr 34% less
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ICICI Bank Associate Engineer Salary 0 - 9 years exp. (7 salaries)	₹1.8 L/yr - ₹6.2 L/yr 40% less
Standard Chartered Associate Engineer Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14.2 L/yr 37% more
Barclays Associate Engineer Salary 0 - 6 years exp. (5 salaries)	₹9.3 L/yr - ₹24 L/yr 136% more
Yes Bank Associate Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹5 L/yr 40% less
Royal Bank of Scotland International Associate Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 33% less
Kotak Mahindra Bank Associate Engineer Salary 2 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹4.5 L/yr 42% less
NatWest Markets Associate Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.1 L/yr - ₹5.1 L/yr 29% less
HDFC Bank Associate Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.2 L/yr 59% less
Bank of America Associate Engineer Salary Fresher (3 salaries)	₹5.2 L/yr - ₹10 L/yr 7% more
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Associate Engineer salary at Axis Bank ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Associate Engineer salaries

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹8 L/yr

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Senior Software Engineer Salary

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Programmer Analyst Salary

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Salary related reviews for Axis Bank

Team Lead in Amritsar

Procurement & Supply Chain Department

5.0

• posted on 05 Jan 2021

5.0

for Salary and Benefits

Likes

I have very good experience with axis bank. All sttaff are supporting. And very good culture. All staff very good..i miss my axis bank family at new job.

Salary - Excellent

+5 more

Dislikes

The basic salary is very low in credit card department . The minimum salary should be more than 18000. Thanking you

Assistant Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...e language, he also becomes violent. He attacks the family over trivial matters. I will not say anything about the salary. Basically your career, mental health and life will all be ruined if you joined Axis Bank. I will explain what changes will occur in your mental health after joining Axis. 1. You will remain absent minded. Aapko bulate rahega lekin aapko sunai nahi dega. 2. All the scenes of the office will keep playing in front of your eyes in a loop and you will keep feeling scared. 3. You will not remember anything. Your confidence will be low. 4. You will start having hallucinations and you will not even know it. 5. Aur inn sabke wajh se aapka relationship bhi kharab ho jayega.. They don't care about your health. Don't even think to join in Axis Bank.

Salary - Poor

+6 more

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

Work satisfaction - Poor

+2 more

Home Sales Officer in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 21 Jan 2025

5.0

for Salary and Benefits

Likes

Everything is very good, and Axis Bank is a brand with a very good name in the market.

Salary - Excellent

+6 more

Dislikes

There will have to be a little increment in the salary of the lower level employees, because there they are already from third party role, everything else is very good.

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

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Axis Bank Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Axis Bank ?

The average salary of a Associate Engineer at Axis Bank in India typically ranges from ₹2.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Associate Engineer at Axis Bank earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Associate Engineer Salaries at Axis Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Axis Bank employees in India.

What is the estimated take home salary of a Associate Engineer at Axis Bank in India?

The estimated take-home salary of a Associate Engineer at Axis Bank in India typically ranges from ₹51,506 to ₹52,721 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 1 year to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Bank for Associate Engineer in India?

Deutsche Bank	₹10.8 Lakhs to ₹33.0 Lakhs per year
Barclays	₹9.3 Lakhs to ₹24.0 Lakhs per year
Standard Chartered	₹7.0 Lakhs to ₹14.2 Lakhs per year
Bank of America	₹5.2 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.

What is the salary of a Associate Engineer in companies similar to Axis Bank in India?

The salary of a Associate Engineer at companies similar to Axis Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Markets	₹4.1 Lakhs to ₹5.1 Lakhs per year
Royal Bank of Scotland International	₹3.9 Lakhs to ₹5.0 Lakhs per year
NatWest Group	₹2.7 Lakhs to ₹5.9 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹6.2 Lakhs per year
Yes Bank	₹2.5 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate Engineer at Axis Bank in India?

The salary growth for a Associate Engineer at Axis Bank depends on factors such as experience, performance, and promotions. On average, a Associate Engineer can expect the following growth trajectory at Axis Bank:

Experience	Average Salary Range
1 year	₹8.0 Lakhs to ₹8.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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Axis Bank Associate Engineer Salaries

Axis Bank Associate Engineer salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Bank latest salaries received from various employees of Axis Bank.