Banfico Principal Engineer Salaries by Employees

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₹40.5 Lakhs - ₹51.8 Lakhs

Low Confidence

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Last Updated: 17 Mar 2024

Companies similar to Banfico for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Transfast Principal Engineer Salary 6 - 12 years exp. (4 salaries)	₹10 L/yr - ₹20 L/yr 70% less
OkCredit Principal Engineer Salary 5 - 7 years exp. (3 salaries)	₹96 L/yr - ₹99 L/yr 111% more
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HARMAN Principal Engineer Salary 8 - 16 years exp. (495 salaries)	₹17.1 L/yr - ₹51.1 L/yr 27% less	6 job openings
Wissen Technology Principal Engineer Salary 6 - 11 years exp. (264 salaries)	₹15.5 L/yr - ₹42 L/yr 31% less
Hughes Systique Corporation Principal Engineer Salary 6 - 11 years exp. (270 salaries)	₹12 L/yr - ₹31.8 L/yr 52% less

Principal Engineer salary at Banfico ranges between ₹40.5 Lakhs to ₹51.8 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Banfico.

Similar Designation salaries in Banfico

Principal Software Engineer Salary

(3 salaries)

₹28 L/yr - ₹38 L/yr

Software Engineer Salary

(3 salaries)

₹8 L/yr - ₹18 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Salary related reviews for Banfico

Front End Developer in Coimbatore

Full Time

Engineering - Software & QA Department

1.0

• posted on 30 Nov 2023

3.0

for Salary and Benefits

Likes

The only good thing about this company is decent salary

Dislikes

- Pathetic processes - no job security - senseless and directionless middle management. Doesn't understand basics about product, technology - bs hr policies There are countless other issues. I would suggest to stay away. Even if they offer 100% hike on current salary

Skill development - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Banfico Principal Engineer Salary FAQs

How the salary growth look like for a Principal Engineer at Banfico in India?

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

Experience	Average Salary Range
11 years	₹40.5 Lakhs to ₹51.8 Lakhs per year

and so on.

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Banfico Principal Engineer Salaries

Banfico Principal Engineer salary in India ranges between ₹40.5 Lakhs to ₹51.8 Lakhs. This is an estimate based on latest salaries received from employees of Banfico.

Banfico Principal Engineer salaries in India