Axis Bank IT Engineer Salaries by 4 Employees

0 - 5 years exp.

₹3 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

11% less than the average IT Engineer Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 6 Jul 2024

Companies similar to Axis Bank for IT Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank IT Engineer Salary 1 - 11 years exp. (5 salaries)	₹1.8 L/yr - ₹7.5 L/yr 4% more
AU Small Finance Bank IT Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 38% less
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Yes Bank IT Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹7 L/yr 20% less
Barclays IT Engineer Salary Fresher (4 salaries)	₹11.5 L/yr - ₹20.9 L/yr 247% more
HDFC Bank IT Engineer Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 34% less
Bandhan Bank IT Engineer Salary 4 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹5.7 L/yr 11% more
Kotak Mahindra Bank IT Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 25% less
Punjab National Bank IT Engineer Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 26% less
NatWest Group IT Engineer Salary 6 - 7 years exp. (3 salaries)	₹4.4 L/yr - ₹5 L/yr 3% more

IT Engineer salary at Axis Bank ranges between ₹3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank IT Engineer salaries

Last Updated: 6 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.4 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

View all

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Salary related reviews for Axis Bank

3.0

Rated by 1 employees for salary & benefits

Desktop Support Engineer in Navi Mumbai

Engineering - Hardware & Networks Department

5.0

• posted on 14 Jan 2021

2.0

for Salary and Benefits

Likes

Interact all branches employees and their resolving issues and I like interact all state employees.

Skill development - Excellent

+4 more

Dislikes

Dislike means they are provide in traveling facility and this organisation hold the employee growth and salary.

Salary - Poor

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

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager II in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2024

1.0

for Salary and Benefits

Likes

Worst

Dislikes

...s based on Bengaluru location takes the fee on 2.8 lakh.... And give the loan... After paying the fee that person automatically sticked on the bank... Then a arts torture... Account...life insurance... Health insurance.... Axis direct ( d mat account)... Loans... Mutual funds... Pention schemes... Fixed deposits.... Total sales.... And 11.30hrs working timings.... Every day every hr .. every mn... every sec pressure pressure..... In case wants do the resign.... But you pay the 2.8 lakh fee... That is bigg money in poor families.... How they face there family.... That is the bank plan

Salary - Bad

+6 more

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Axis Bank IT Engineer Salary FAQs

What is the salary of IT Engineer at Axis Bank ?

The average salary of a IT Engineer at Axis Bank in India typically ranges from ₹3.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of IT Engineer at Axis Bank earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. IT 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 IT Engineer at Axis Bank in India?

The estimated take-home salary of a IT Engineer at Axis Bank in India typically ranges from ₹32,887 to ₹34,158 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 IT Engineer in India?

Barclays	₹11.5 Lakhs to ₹20.9 Lakhs per year
Bandhan Bank	₹2.6 Lakhs to ₹5.7 Lakhs per year
ICICI Bank	₹1.8 Lakhs to ₹7.5 Lakhs per year
NatWest Group	₹4.4 Lakhs to ₹5.0 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 IT Engineer in companies similar to Axis Bank in India?

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

Yes Bank	₹2.3 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra Bank	₹3.0 Lakhs to ₹4.0 Lakhs per year
Punjab National Bank	₹2.0 Lakhs to ₹5.0 Lakhs per year
HDFC Bank	₹2.0 Lakhs to ₹3.5 Lakhs per year
AU Small Finance Bank	₹2.5 Lakhs to ₹3.5 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 IT Engineer at Axis Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹8.0 Lakhs per year
1 year	₹5.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹8.4 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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Axis Bank IT Engineer Salaries

Axis Bank IT Engineer salary in India ranges between ₹3 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.