Blackrock Software Engineer Level 1 Salaries by 9 Employees (Updated 2025)

0 - 3 years exp.

₹12 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

65% more than the average Software Engineer Level 1 Salary in Investment Banking / Venture Capital / Private Equity Companies for 0 - 3 years of experience

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Last Updated: 29 Mar 2025

Companies similar to Blackrock for Software Engineer Level 1

Company name	Avg Annual Salary	Open Jobs
Silicon Valley Bank Software Engineer Level 1 Salary 2 - 7 years exp. (4 salaries)	₹9.3 L/yr - ₹13.9 L/yr 33% less
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (603 salaries)	₹5 L/yr - ₹13.7 L/yr 42% less
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FIS Software Engineer Level 1 Salary 2 - 4 years exp. (273 salaries)	₹5 L/yr - ₹12 L/yr 49% less
Oracle Cerner Software Engineer Level 1 Salary 0 - 4 years exp. (237 salaries)	₹5.9 L/yr - ₹9.2 L/yr 54% less
HashedIn by Deloitte Software Engineer Level 1 Salary 0 - 3 years exp. (144 salaries)	₹6.3 L/yr - ₹13 L/yr 43% less

Software Engineer Level 1 salary at Blackrock ranges between ₹12 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Blackrock.

Experience wise Blackrock Software Engineer Level 1 salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹16.4 L/yr - ₹20.9 L/yr
1 year (4 salaries)	₹6.8 L/yr - ₹20 L/yr
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2 years (3 salaries)	₹12 L/yr - ₹28.5 L/yr
3 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr

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Salary related reviews for Blackrock

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

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.

Senior Vice President in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

- continuous learning - differentiated pay for talent - culture / people at round you

Salary - Good

+3 more

Dislikes

- job security - discrimination of main business locations and support offices like India - 4 day work policy implemented without any flexibility

Job security - Poor

see more salary related reviews

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Blackrock Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Blackrock ?

The average salary of a Software Engineer Level 1 at Blackrock in India typically ranges from ₹12.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Engineer Level 1 at Blackrock earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Software Engineer Level 1 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 9 Blackrock employees in India.

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

The estimated take-home salary of a Software Engineer Level 1 at Blackrock in India typically ranges from ₹1,11,968 to ₹1,15,076 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹20.0 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 9 salaries received from various employees of Blackrock. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Silicon Valley Bank	₹9.3 Lakhs to ₹13.9 Lakhs per year
MAQ Software	₹5.0 Lakhs to ₹13.7 Lakhs per year
HashedIn by Deloitte	₹6.3 Lakhs to ₹13.0 Lakhs per year
FIS	₹5.0 Lakhs to ₹12.0 Lakhs per year
Oracle Cerner	₹5.9 Lakhs to ₹9.2 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 Blackrock in India?

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

Experience	Average Salary Range
Fresher	₹16.4 Lakhs to ₹20.9 Lakhs per year
1 year	₹6.8 Lakhs to ₹20.0 Lakhs per year
2 years	₹12.0 Lakhs to ₹28.5 Lakhs per year
3 years	₹13.2 Lakhs to ₹16.9 Lakhs per year

and so on.

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Blackrock Software Engineer Level 1 Salaries

Blackrock Software Engineer Level 1 salary in India ranges between ₹12 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Blackrock latest salaries received from various employees of Blackrock.