Backbase Principal Engineer Salaries by 5 Employees

9 - 13 years exp.

₹26 Lakhs - ₹38.7 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹30.2 Lakhs

Variable (5%)

₹1.6 Lakh

At par with the average Principal Engineer Salary in Software Product Companies for 9 - 13 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 10 - 13 years exp. (3 salaries)	₹26 L/yr - ₹38.7 L/yr
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Consulting Principal Engineer Salary 9 years exp. (AmbitionBox Estimate)	₹34.2 L/yr - ₹41.8 L/yr

Last Updated: 24 Dec 2024

Companies similar to Backbase for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Yodlee Principal Engineer Salary 10 - 16 years exp. (29 salaries)	₹25.3 L/yr - ₹50 L/yr 25% more
Mobileum Principal Engineer Salary 10 - 13 years exp. (10 salaries)	₹15.3 L/yr - ₹35 L/yr 28% less
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Gen Principal Engineer Salary 9 - 16 years exp. (8 salaries)	₹25.5 L/yr - ₹39 L/yr 11% more
NextGen Healthcare Principal Engineer Salary 10 - 19 years exp. (6 salaries)	₹39 L/yr - ₹63 L/yr 75% more
Zuora Principal Engineer Salary 9 - 11 years exp. (4 salaries)	₹40 L/yr - ₹44 L/yr 32% more
MSC Software Principal Engineer Salary 8 - 9 years exp. (3 salaries)	₹9.4 L/yr - ₹15.4 L/yr 62% less
Progress Principal Engineer Salary 4 - 10 years exp. (3 salaries)	₹31 L/yr - ₹34 L/yr 4% more

Principal Engineer salary at Backbase ranges between ₹26 Lakhs to ₹38.7 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Backbase.

Experience wise Backbase Principal Engineer salaries

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹38 L/yr
10 years (AmbitionBox Estimate)	₹26 L/yr - ₹56.7 L/yr
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11 years (AmbitionBox Estimate)	₹28.7 L/yr - ₹36.6 L/yr
12 years (AmbitionBox Estimate)	₹28.5 L/yr - ₹57.9 L/yr
13 years (AmbitionBox Estimate)	₹13 L/yr - ₹38.7 L/yr

Similar Designation salaries in Backbase

Senior Engineer Salary

(3 salaries)

₹24 L/yr - ₹30.5 L/yr

Principal Software Engineer Salary

(4 salaries)

₹40 L/yr - ₹46 L/yr

Software Engineer Salary

(7 salaries)

₹12.5 L/yr - ₹22 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹64.6 L/yr - ₹71.4 L/yr

Senior Software Engineer Salary

(15 salaries)

₹28 L/yr - ₹34 L/yr

Technical Lead Salary

(4 salaries)

₹30 L/yr - ₹45 L/yr

Project Manager Salary

(5 salaries)

₹23 L/yr - ₹33 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹27.9 L/yr - ₹35.7 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹25.7 L/yr - ₹32.8 L/yr

Salary related reviews for Backbase

3.6

Rated by 2 employees for salary & benefits

Senior Front End Engineer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Jan 2025

2.0

for Salary and Benefits

Likes

Company culture overall is a big plus. Seniors and managers are good and help out as much as possible.

Skill development - Good

+2 more

Dislikes

Appraisals are the worst plus so many changes happening continuously, no job security whatever. Randomly they reduce workforce recently cto cpo cmo all left.

Salary - Poor

+2 more

Director Human Resource Business Partner in Hyderabad / Secunderabad

Full Time

Human Resources Department

5.0

• posted on 26 Aug 2024

5.0

for Salary and Benefits

Likes

The Flexi working Hybrid model. Quick bites and Healthy snacks in the office. Collaboration & Team work. Employee over all benefits from Insurance to Leaves. Managers are good and effective. Work life balance.

Salary - Excellent

+6 more

Dislikes

Nothing much as of now

Agile Coach & Sr. Scrum Master in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

3.0

• posted on 06 Feb 2024

3.0

for Salary and Benefits

Likes

This review is for Backbase India LLP. Earlier when I joined Backbase in 2022 it was good and during 2023 the leadership informed us that there won't be any budget cuts on roles but during 2023 they stopped budgets for few roles which impacted many employees and their career. They don't have long term vision on the product and career of their employees. People who want a job for 1 or 2 years can join. This Global Capability Center many not sustainable in a long run I believe

Work-life balance - Good

Dislikes

Job security No career progression No hikes No autonomy It's GCC

Job security - Bad

+3 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Backbase Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Backbase ?

The average salary of a Principal Engineer at Backbase in India typically ranges from ₹26.0 Lakhs to ₹38.7 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Principal Engineer at Backbase earn more than ₹38.7 Lakhs per year, and the top 1% earn over ₹38.7 Lakhs per year. Principal Engineer Salaries at Backbase 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 5 Backbase employees in India.

What is the estimated take home salary of a Principal Engineer at Backbase in India?

The estimated take-home salary of a Principal Engineer at Backbase in India typically ranges from ₹1,94,920 to ₹2,02,596 per month. This is based on the average salary range of ₹26.0 Lakhs to ₹38.7 Lakhs per year for employees with experience ranging from 9 years to 13 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 5 salaries received from various employees of Backbase. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Backbase for Principal Engineer in India?

NextGen Healthcare	₹39.0 Lakhs to ₹63.0 Lakhs per year
Zuora	₹40.0 Lakhs to ₹44.0 Lakhs per year
Yodlee	₹25.3 Lakhs to ₹50.0 Lakhs per year
Gen	₹25.5 Lakhs to ₹39.0 Lakhs per year
Progress	₹31.0 Lakhs to ₹34.0 Lakhs per year

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

What is the salary of a Principal Engineer in companies similar to Backbase in India?

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

Mobileum	₹15.3 Lakhs to ₹35.0 Lakhs per year
MSC Software	₹9.4 Lakhs to ₹15.4 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 Principal Engineer at Backbase in India?

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

Experience	Average Salary Range
9 years	₹12.5 Lakhs to ₹38.0 Lakhs per year
10 years	₹26.0 Lakhs to ₹56.7 Lakhs per year
11 years	₹28.7 Lakhs to ₹36.6 Lakhs per year
12 years	₹28.5 Lakhs to ₹57.9 Lakhs per year

and so on.

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Backbase Principal Engineer Salaries

Backbase Principal Engineer salary in India ranges between ₹26 Lakhs to ₹38.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Backbase latest salaries received from various employees of Backbase.