Blackrock Mumbai Software Developer Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹11 Lakhs - ₹22.7 Lakhs

Salary of majority employees

79% more than the average Software Developer Salary in Investment Banking / Venture Capital / Private Equity Companies for 1 - 4 years of experience

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Last Updated: 12 Mar 2025

Companies similar to Blackrock for Software Developer in Mumbai

Blackrock Software Developer Salary

1 - 4 years exp. (4 salaries)

₹11 L/yr - ₹22.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Nomura Holdings Software Developer Salary 0 - 5 years exp. (23 salaries)	₹6 L/yr - ₹18 L/yr 23% less
Link Intime Software Developer Salary 3 - 7 years exp. (11 salaries)	₹2.7 L/yr - ₹7 L/yr 71% less
Login to view exact salary
YES SECURITIES Software Developer Salary 5 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹11 L/yr 46% less
CPP Investments Software Developer Salary 4 - 7 years exp. (3 salaries)	₹26 L/yr - ₹28.5 L/yr 69% more
TCS Software Developer Salary 0 - 8 years exp. (1.4k salaries)	₹3 L/yr - ₹12 L/yr 52% less

Software Developer salary at Blackrock ranges between ₹11 Lakhs to ₹22.7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Blackrock.

Experience wise Blackrock Software Developer salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹11 L/yr - ₹26.7 L/yr
2 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹27.9 L/yr
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3 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.1 L/yr
4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹22.7 L/yr

Similar Designation salaries in Blackrock

Software Engineer Salary

(9 salaries)

₹10 L/yr - ₹16.34 L/yr

Senior Software Engineer Salary

(5 salaries)

₹18 L/yr - ₹30 L/yr

Salary related reviews for Blackrock

2.0

Rated by 1 employees for salary & benefits

Software Developer in Mumbai

Engineering - Software & QA Department

4.0

• posted on 16 Mar 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good.

Job security - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary and annual increment is bit on the lower side than its competitors. Career growth is slow.

Salary - Poor

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Mar 2025

1.0

for Salary and Benefits

Likes

free cab and free food

Dislikes

...politics to get promoted as fresher and experienced of 6 year both are analyst. Very low salary, They use brand name to put pressure on you, as no one wants to leave on bad terms from a big brand like this, but overall it is a backoffice of blackrock USA, only operations and low grade tech roles are there.

Salary - Bad

+6 more

Financial Analyst in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

There's Job security and you learn a lot.

Skill development - Excellent

+1 more

Dislikes

...s of seniority rather than the work that is being done and there is favouritism. Salary is below market standards as well.

Salary - Bad

+3 more

Analyst in Mumbai

Full Time

Other Department

3.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

...ll work life balance is good in company. Helpful people and environment to work. Pays salary on time.

Work-life balance - Good

Dislikes

Employee performance matters a lot and based on the performance review and ratings, one gets promotion or appraisal on year ends. Little bit of bureaucratic structure within the organization. Knowledge wise, growth is limited for an individual as each process is distributed to different teams. Job security is not guaranteed as senior management won't think twice before laying off from work. Even the best folks are fired if they failed to meet performance expectations.

Skill development - Poor

+2 more

Analyst in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 19 Nov 2024

4.0

for Salary and Benefits

Likes

Amazing culture within the firm, seniors and higher management are very supportive and approachable. Work life balance is good. Company provides lots of employee benefits- insurance, cab facility, enough leaves etc.

Salary - Good

+6 more

Dislikes

Pay sometimes is not upto the market standards.

see more salary related reviews

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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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Blackrock Software Developer Salary FAQs

What is the salary of Software Developer at Blackrock in Mumbai?

The average salary of a Software Developer at Blackrock in Mumbai typically ranges from ₹11.0 Lakhs to ₹22.7 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Developer in Mumbai at Blackrock earn more than ₹22.7 Lakhs per year, and the top 1% earn over ₹22.7 Lakhs per year. Software Developer Salaries at Blackrock 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 4 Blackrock employees in India.

What is the estimated take home salary of a Software Developer at Blackrock in Mumbai?

The estimated take-home salary of a Software Developer at Blackrock in Mumbai typically ranges from ₹1,08,496 to ₹1,11,491 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹22.7 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 4 salaries received from various employees of Blackrock. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Blackrock for Software Developer in India?

CPP Investments

₹26.0 Lakhs to ₹28.5 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Blackrock in Mumbai?

The salary of a Software Developer at companies similar to Blackrock in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nomura Holdings	₹6.0 Lakhs to ₹18.0 Lakhs per year
YES SECURITIES	₹6.5 Lakhs to ₹11.0 Lakhs per year
TCS	₹3.0 Lakhs to ₹12.0 Lakhs per year
Link Intime	₹2.7 Lakhs to ₹7.0 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 Developer at Blackrock in Mumbai?

The salary growth for a Software Developer at Blackrock in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Blackrock:

Experience	Average Salary Range
1 year	₹11.0 Lakhs to ₹26.7 Lakhs per year
2 years	₹12.6 Lakhs to ₹27.9 Lakhs per year
3 years	₹15.0 Lakhs to ₹29.1 Lakhs per year
4 years	₹6.7 Lakhs to ₹22.7 Lakhs per year

and so on.

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Blackrock Software Developer Salaries in Mumbai

Blackrock Software Developer salary in Mumbai ranges between ₹11 Lakhs to ₹22.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Blackrock latest salaries received from various employees of Blackrock.