Bajaj Finserv Software Engineer Level 1 Salaries by 10+ Employees (Updated 2025)

1 - 4 years exp.

₹6 Lakhs - ₹9.7 Lakhs

Salary of majority employees

19% less than the average Software Engineer Level 1 Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Level 1 Salary 1 - 4 years exp. (14 salaries)	₹6 L/yr - ₹9.7 L/yr
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Marketing & Communication Software Engineer Level 1 Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.9 L/yr

Last Updated: 20 Feb 2025

Companies similar to Bajaj Finserv for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Level 1 Salary 1 - 5 years exp. (55 salaries)	₹12 L/yr - ₹22 L/yr 118% more	1 job opening
American Express Software Engineer Level 1 Salary 5 - 10 years exp. (17 salaries)	₹15.8 L/yr - ₹42 L/yr 317% more
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Wells Fargo Software Engineer Level 1 Salary 0 - 2 years exp. (5 salaries)	₹18 L/yr - ₹24 L/yr 170% more
TSYS\|Total System Services Software Engineer Level 1 Salary 1 - 3 years exp. (4 salaries)	₹9 L/yr - ₹10 L/yr 20% more
Morgan Stanley Software Engineer Level 1 Salary 0 - 4 years exp. (4 salaries)	₹12 L/yr - ₹28 L/yr 149% more
HSBC Group Software Engineer Level 1 Salary 1 - 2 years exp. (4 salaries)	₹9.6 L/yr - ₹17.5 L/yr 56% more

Software Engineer Level 1 salary at Bajaj Finserv ranges between ₹6 Lakhs to ₹9.7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 16 latest salaries received from various employees of Bajaj Finserv.

Experience wise Bajaj Finserv Software Engineer Level 1 salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.5 L/yr - ₹9 L/yr
2 years (5 salaries)	₹6 L/yr - ₹9.7 L/yr
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3 years (8 salaries)	₹6.3 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.8 L/yr

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Salary related reviews for Bajaj Finserv

4.0

Rated by 1 employees for salary & benefits

Unit Manager in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

You get ample opportunities to learn new things.

Salary - Good

+1 more

Dislikes

...ing leave balance. 7. No buy out policy (despite of available in hr policies) 8. Held salary for 3 months despite not having any such policy and compelled to revoke resignation by blackmailing on salary release. 9. HR is not employee centric.

Promotions - Poor

+3 more

Finance Executive in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 30 Nov 2024

5.0

for Salary and Benefits

Likes

Work and experience is very high level and salary and incentive next leven but office politics is very high level no stuck promotion and manger support zero pressure hight level.

Salary - Excellent

+2 more

Dislikes

Working culture is very boring and must pressur be like manger will more pressure me how to you do bussiness and conversion

Job security - Bad

+2 more

Collections Manager in Kozhikode

Full Time

Finance & Accounting Department

1.0

• posted on 28 Nov 2024

1.0

for Salary and Benefits

Likes

No likes

Skill development - Good

+1 more

Dislikes

...ht also concall tourchering. Acms forces to make fund in month end . Full loss. Bajaj lending money to customers without looking repayment capacity, and recruiting Collection RO s and force them to pay customers debts 😃. I only worked 1 year, in Major location . I lost lots of money . Now I resigned , now new pigs are ready for them .there only 1 relaxation no strict office timing , wherever getting tourchering abusive languages from top level management. Bajaj is a good company ,I think the middle level managers creating such waste things .that will spoil most of them carrier journey.i am also a member.

Salary - Bad

+4 more

Sales Officer in Bagnan

Full Time

Finance & Accounting Department

3.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Collegue .. work as a team... And i love bajaj finance as i saw my brother did job here ..

Skill development - Excellent

+1 more

Dislikes

In my location no appraisals, promotion happen .. salary is too low compare to other locations. . Lastly have to work in everything .. alltime con call..

Salary - Poor

+1 more

Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Nov 2024

5.0

for Salary and Benefits

Likes

"Salary and promotions are good, but when it comes to work-life balance, it's zero. We need to work on Sundays, and there's not enough time to spend with family. The working hours are from 10 AM to 9 PM."

Salary - Excellent

+1 more

Dislikes

Sunday working and office time

Work-life balance - Bad

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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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Bajaj Finserv Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Bajaj Finserv ?

The average salary of a Software Engineer Level 1 at Bajaj Finserv in India typically ranges from ₹6.0 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Engineer Level 1 at Bajaj Finserv earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Software Engineer Level 1 Salaries at Bajaj Finserv 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+ Bajaj Finserv employees in India.

What is the estimated take home salary of a Software Engineer Level 1 at Bajaj Finserv in India?

The estimated take-home salary of a Software Engineer Level 1 at Bajaj Finserv in India typically ranges from ₹59,245 to ₹60,740 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 1 year to 4 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 Bajaj Finserv. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finserv for Software Engineer Level 1 in India?

American Express	₹15.8 Lakhs to ₹42.0 Lakhs per year
Wells Fargo	₹18.0 Lakhs to ₹24.0 Lakhs per year
Morgan Stanley	₹12.0 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co.	₹12.0 Lakhs to ₹22.0 Lakhs per year
HSBC Group	₹9.6 Lakhs to ₹17.5 Lakhs per year

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

What is the salary of a Software Engineer Level 1 in companies similar to Bajaj Finserv in India?

The salary of a Software Engineer Level 1 at companies similar to Bajaj Finserv in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TSYS|Total System Services

₹9.0 Lakhs to ₹10.0 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 Software Engineer Level 1 at Bajaj Finserv in India?

The salary growth for a Software Engineer Level 1 at Bajaj Finserv depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 can expect the following growth trajectory at Bajaj Finserv:

Experience	Average Salary Range
1 year	₹7.5 Lakhs to ₹9.0 Lakhs per year
2 years	₹6.0 Lakhs to ₹9.7 Lakhs per year
3 years	₹6.3 Lakhs to ₹9.7 Lakhs per year
4 years	₹3.2 Lakhs to ₹8.8 Lakhs per year

and so on.

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Bajaj Finserv Software Engineer Level 1 Salaries

Bajaj Finserv Software Engineer Level 1 salary in India ranges between ₹6 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Bajaj Finserv latest salaries received from various employees of Bajaj Finserv.

Bajaj Finserv Software Engineer Level 1 salaries in India (Updated 2025)

Companies similar to Bajaj Finserv for Software Engineer Level 1

Latest annual salaries shared by Bajaj Finserv Software Engineer Level 1

Experience wise Bajaj Finserv Software Engineer Level 1 salaries

Similar Designation salaries in Bajaj Finserv

Salary related reviews for Bajaj Finserv

Unit Manager in Pune

Finance Executive in Pune

Collections Manager in Kozhikode

Sales Officer in Bagnan

Manager in Bangalore / Bengaluru

Bajaj Finserv Software Engineer Level 1 Salary FAQs

Tell us how to improve this page.