Bajaj Finance Software Engineer Salaries by 80+ Employees (Updated 2025)

0 - 3 years exp.

₹4.8 Lakhs - ₹15 Lakhs

Salary of majority employees

39% more than the average Software Engineer Salary in NBFC Companies for 0 - 3 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 0 - 3 years exp. (66 salaries)	₹5.6 L/yr - ₹15 L/yr
Product Management Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr
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IT & Information Security Software Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹12 L/yr - ₹13 L/yr

Last Updated: 16 Mar 2025

Companies similar to Bajaj Finance for Software Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.6 L/yr - ₹12.9 L/yr 37% less
ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	₹2.9 L/yr - ₹11.9 L/yr 34% less
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Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 43% less
Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	₹10.7 L/yr - ₹20.9 L/yr 5% more
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 10% less
Tata Capital Software Engineer Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹7.3 L/yr 56% less
Mahindra Finance Software Engineer Salary 0 - 8 years exp. (9 salaries)	₹3 L/yr - ₹7.6 L/yr 42% less
L&T Finance Software Engineer Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹10.8 L/yr 37% less
BA Continuum Software Engineer Salary 1 - 9 years exp. (405 salaries)	₹7.1 L/yr - ₹26.1 L/yr 42% more
Bharat Financial Inclusion Software Engineer Salary 1 - 4 years exp. (29 salaries)	₹4 L/yr - ₹6.8 L/yr 59% less

View all

Software Engineer salary at Bajaj Finance ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 82 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Software Engineer salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	₹10 L/yr - ₹13.3 L/yr
1 year (37 salaries)	₹8.2 L/yr - ₹15 L/yr
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2 years (25 salaries)	₹4.6 L/yr - ₹15 L/yr
3 years (12 salaries)	₹5.4 L/yr - ₹12 L/yr

From

Software Engineer

0 - 3 years exp.

Senior Software Engineer

0 - 6 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bajaj Finance

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹15.5 L/yr - ₹19.8 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Software Engineer Salary

(114 salaries)

₹6.5 L/yr - ₹22.54 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹29.7 L/yr - ₹37.9 L/yr

Software Developer Salary

(23 salaries)

₹5.65 L/yr - ₹14 L/yr

Associate Software Engineer Salary

(9 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Senior Developer Salary

(3 salaries)

₹6.1 L/yr - ₹18 L/yr

Web Developer Salary

(3 salaries)

₹2.5 L/yr - ₹12 L/yr

Top skills at Bajaj Finance for Software Engineer

Software Engineering Web API jQuery Unit Testing Code Review Venture Capital Decision Making BDD Performance Testing WCF Javascript HTML HTML and CSS Microsoft Windows Customer Service

Salary related reviews for Bajaj Finance

2.9

Rated by 10 employees for salary & benefits

Team Lead in Viman Nagar, Pune

Other Department

1.0

• posted on 20 Oct 2022

3.0

for Salary and Benefits

Likes

Their competitive pay is the only good thing about working here

Dislikes

NO work life balance. You are expected to be available to work 20 hours a day and all 7 days of the week, no exceptions. HR will tell you that two Saturdays (and all Sundays) of a month are off. But once you join, your boss will call you to work on all Saturdays and some Sundays. If you dont like it, you can quit. If you make a small mistake or can't complete your work in the unreasonable target deadline, you will be shouted at and verbally abused, loudly, in front of multiple colleagues. And, dont even think about asking for vacation days. By policy you get 36 leaves per year. Practically, you may get 2 or 3. Also, no work from home, at all, for anyone, in any circumstances. Need i say more ?

Skill development - Poor

+4 more

Collection Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Work culture is good, salary on time

Company culture - Excellent

Dislikes

Previously Bajaj Auto finance Ltd was good after merging in to finserv it got hectic, bosses are always after you, no rest on week days after merging new managers are toxic

Skill development - Bad

+3 more

Credit Sales Manager in Bareilly

Full Time

Finance & Accounting Department

1.0

• posted on 05 Jan 2025

3.0

for Salary and Benefits

Likes

The company culture is good and you get to learn something new and new technology

Skill development - Excellent

+1 more

Dislikes

I have no problem working in Bajaj Auto Finance but the only thing that has messed up is the salary structure. My post is that of a credit sales manager but my profile says sales officer And now the profile of the new hiring is Assistant Manager

Job security - Bad

+3 more

Area Collection Manager in Navi Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

They hire fresher but that too because experienced don't want to work there

Dislikes

Lot of things, from work culture to gundagiri of seniors. They ask to seat in the office without reason and forced to pay by employees pocket for target achievement

Salary - Poor

+6 more

Senior Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 23 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...hey even do cost cutting from tissues, toilet papers, tea, coffee and cutleries. Forcefully you have to buy refurbished laptop from them and monthly EMIs will cut directly from your salary, for your personal work you have to buy another laptop. Employees do not have enough space to sit. Every morning employees are fighting for chair and desk.

Salary - Poor

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bajaj Finance Software Engineer Salary FAQs

What is the salary of Software Engineer at Bajaj Finance ?

The average salary of a Software Engineer at Bajaj Finance in India typically ranges from ₹4.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Engineer at Bajaj Finance earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Software Engineer Salaries at Bajaj Finance 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 80+ Bajaj Finance employees in India.

What is the estimated take home salary of a Software Engineer at Bajaj Finance in India?

The estimated take-home salary of a Software Engineer at Bajaj Finance in India typically ranges from ₹83,505 to ₹85,686 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 80+ salaries received from various employees of Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at Bajaj Finance ?

To be a Software Engineer at Bajaj Finance in india, the key skills required include:

- Software Engineering
- Web API
- jQuery
- Unit Testing
- Code Review

These skills are highly valued at Bajaj Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bajaj Finance for Software Engineer in India?

CreditAccess Grameen	₹17.7 Lakhs to ₹35.3 Lakhs per year
BA Continuum	₹7.1 Lakhs to ₹26.1 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank	₹10.7 Lakhs to ₹20.9 Lakhs per year

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

What is the salary of a Software Engineer in companies similar to Bajaj Finance in India?

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

State Bank of India	₹9.0 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance	₹5.2 Lakhs to ₹16.7 Lakhs per year
SMFG India Credit	₹6.7 Lakhs to ₹15.1 Lakhs per year
Muthoot Microfin	₹2.9 Lakhs to ₹17.5 Lakhs per year
Spandana Sphoorty Financial	₹6.0 Lakhs to ₹11.5 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 Software Engineer at Bajaj Finance in India?

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

Experience	Average Salary Range
Fresher	₹10.0 Lakhs to ₹13.3 Lakhs per year
1 year	₹8.2 Lakhs to ₹15.0 Lakhs per year
2 years	₹4.6 Lakhs to ₹15.0 Lakhs per year
3 years	₹5.4 Lakhs to ₹12.0 Lakhs per year

and so on.

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Bajaj Finance Software Engineer Salaries

Bajaj Finance Software Engineer salary in India ranges between ₹4.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 82 Bajaj Finance latest salaries received from various employees of Bajaj Finance.