Banfico Mumbai Principal Software Engineer Salaries by 3 Employees (Updated 2025)

14 - 16 years exp.

₹28 Lakhs - ₹38 Lakhs

Low Confidence

Salary of majority employees

33% more than the average Principal Software Engineer Salary in FinTech Companies for 14 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Principal Software Engineer Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹38 L/yr
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Engineering - Software & QA Principal Software Engineer Salary 14 years exp. (AmbitionBox Estimate)	₹25.2 L/yr - ₹30.8 L/yr

Last Updated: 16 Feb 2025

Companies similar to Banfico for Principal Software Engineer in Mumbai

Banfico Principal Software Engineer Salary

14 - 16 years exp. (3 salaries)

₹28 L/yr - ₹38 L/yr

Company name	Avg Annual Salary	Open Jobs
GEP Worldwide Principal Software Engineer Salary 6 - 12 years exp. (79 salaries)	₹10.4 L/yr - ₹31.5 L/yr 27% less
Accion Labs Principal Software Engineer Salary 6 - 11 years exp. (25 salaries)	₹11.5 L/yr - ₹33.3 L/yr 34% less
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Wissen Technology Principal Software Engineer Salary 7 - 12 years exp. (18 salaries)	₹19 L/yr - ₹38.5 L/yr 10% less
EbixCash Financial Technologies Principal Software Engineer Salary 8 - 13 years exp. (17 salaries)	₹12 L/yr - ₹18 L/yr 52% less
HERE Technologies Principal Software Engineer Salary 14 - 22 years exp. (12 salaries)	₹21 L/yr - ₹60 L/yr 30% more	2 job openings

Principal Software Engineer salary at Banfico ranges between ₹28 Lakhs to ₹38 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Banfico.

Experience wise Banfico Principal Software Engineer salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹25.2 L/yr - ₹32.2 L/yr
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15+ years (AmbitionBox Estimate)	₹32.9 L/yr - ₹42 L/yr

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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

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Banfico Principal Software Engineer Salary FAQs

What is the notice period for Principal Software Engineer at Banfico in Mumbai?

According to AmbitionBox, 100% of the Banfico Principal Software Engineers in Mumbai reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Banfico Principal Software Engineer Salaries in Mumbai

Banfico Principal Software Engineer salary in Mumbai ranges between ₹28 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Banfico latest salaries received from various employees of Banfico.