Axis Bank Mumbai Software Engineer Salaries by 10+ Employees

1 - 5 years exp.

₹3 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Software Engineer Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 5 years exp. (14 salaries)	₹3.2 L/yr - ₹9 L/yr
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Data Science & Analytics Software Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr

Last Updated: 21 Oct 2024

Companies similar to Axis Bank for Software Engineer in Mumbai

Axis Bank Software Engineer Salary

1 - 5 years exp. (19 salaries)

₹3 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank of America Software Engineer Salary 1 - 12 years exp. (212 salaries)	₹6.8 L/yr - ₹25.9 L/yr 146% more
HDFC Bank Software Engineer Salary 1 - 7 years exp. (51 salaries)	₹2.9 L/yr - ₹14.2 L/yr 23% more
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RBL Bank Software Engineer Salary 1 - 9 years exp. (33 salaries)	₹4.8 L/yr - ₹16 L/yr 87% more	2 job openings
IDFC FIRST Bank Software Engineer Salary 1 - 6 years exp. (15 salaries)	₹3.8 L/yr - ₹11.8 L/yr 15% more
Barclays Software Engineer Salary 0 - 5 years exp. (14 salaries)	₹12 L/yr - ₹20 L/yr 130% more
Kotak Mahindra Bank Software Engineer Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹18.7 L/yr 83% more
ICICI Bank Software Engineer Salary 1 - 4 years exp. (7 salaries)	₹8.5 L/yr - ₹9.9 L/yr 44% more
IndusInd Bank Software Engineer Salary 1 - 4 years exp. (5 salaries)	₹3.6 L/yr - ₹9 L/yr 25% more
State Bank of India Software Engineer Salary 2 - 5 years exp. (5 salaries)	₹6 L/yr - ₹15 L/yr 55% more
AU Small Finance Bank Software Engineer Salary 2 - 3 years exp. (4 salaries)	₹10.9 L/yr - ₹15 L/yr 81% more
Yes Bank Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹7 L/yr 19% less
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Mizuho Bank Software Engineer Salary 4 - 6 years exp. (3 salaries)	₹10.8 L/yr - ₹12 L/yr 75% more

Software Engineer salary at Axis Bank ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 19 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Software Engineer salaries in Mumbai

Last Updated: 21 Oct 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.5 L/yr - ₹9 L/yr
2 years (4 salaries)	₹3 L/yr - ₹9 L/yr
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3 years (10 salaries)	₹3.2 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr

Similar Designation salaries in Axis Bank

Software Developer Salary

(36 salaries)

₹5.4 L/yr - ₹20 L/yr

Senior Software Engineer Salary

(12 salaries)

₹5.3 L/yr - ₹15 L/yr

Lead Engineer Salary

(4 salaries)

₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for Axis Bank

3.0

Rated by 1 employees for salary & benefits

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 Software Engineer Salary FAQs

What is the salary of Software Engineer at Axis Bank in Mumbai?

The average salary of a Software Engineer at Axis Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Engineer in Mumbai at Axis Bank earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Software 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 10+ Axis Bank employees in India.

What is the estimated take home salary of a Software Engineer at Axis Bank in Mumbai?

The estimated take-home salary of a Software Engineer at Axis Bank in Mumbai typically ranges from ₹48,844 to ₹49,998 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 1 year 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 10+ 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 Software Engineer in India?

Bank of America	₹6.8 Lakhs to ₹25.9 Lakhs per year
Barclays	₹12.0 Lakhs to ₹20.0 Lakhs per year
RBL Bank	₹4.8 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank	₹6.0 Lakhs to ₹18.7 Lakhs per year
AU Small Finance Bank	₹10.9 Lakhs to ₹15.0 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 Software Engineer in companies similar to Axis Bank in Mumbai?

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

Mizuho Bank	₹10.8 Lakhs to ₹12.0 Lakhs per year
State Bank of India	₹6.0 Lakhs to ₹15.0 Lakhs per year
ICICI Bank	₹8.5 Lakhs to ₹9.9 Lakhs per year
IndusInd Bank	₹3.6 Lakhs to ₹9.0 Lakhs per year
HDFC Bank	₹2.9 Lakhs to ₹14.2 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 Software Engineer at Axis Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹9.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹7.7 Lakhs per year
4 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Axis Bank Software Engineer Salaries in Mumbai

Axis Bank Software Engineer salary in Mumbai ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Axis Bank latest salaries received from various employees of Axis Bank.