BNY Software Developer 1 Salaries by 4 Employees (Updated 2024)

1 - 2 years exp.

₹17.6 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

103% more than the average Software Developer 1 Salary in Financial Services Companies for 1 - 2 years of experience

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Last Updated: 7 Dec 2024

Companies similar to BNY for Software Developer 1

Company name	Avg Annual Salary	Open Jobs
HSBC Group Software Developer 1 Salary 1 - 3 years exp. (5 salaries)	₹6.5 L/yr - ₹12 L/yr 39% less
JPMorgan Chase & Co. Software Developer 1 Salary 0 - 3 years exp. (33 salaries)	₹13 L/yr - ₹30.8 L/yr 4% more
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Goldman Sachs Software Developer 1 Salary 2 - 4 years exp. (5 salaries)	₹16 L/yr - ₹21 L/yr 10% more
Morgan Stanley Software Developer 1 Salary 1 - 5 years exp. (7 salaries)	₹4.9 L/yr - ₹12 L/yr 59% less
UBS Software Developer 1 Salary 2 - 3 years exp. (3 salaries)	₹14 L/yr - ₹15 L/yr 21% less
Bank of America Software Developer 1 Salary 0 - 6 years exp. (13 salaries)	₹6.7 L/yr - ₹14 L/yr 42% less
Bajaj Finserv Software Developer 1 Salary 0 - 3 years exp. (7 salaries)	₹7.3 L/yr - ₹12.5 L/yr 42% less
Motilal Oswal Financial Services Software Developer 1 Salary 0 - 2 years exp. (4 salaries)	₹3 L/yr - ₹19.6 L/yr 53% less
BNP Paribas Software Developer 1 Salary 0 - 3 years exp. (3 salaries)	₹6 L/yr - ₹8.5 L/yr 60% less
Citigroup Software Developer 1 Salary 1 - 6 years exp. (3 salaries)	₹13.8 L/yr - ₹17 L/yr 15% less

Software Developer 1 salary at BNY ranges between ₹17.6 Lakhs to ₹21 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of BNY.

Experience wise BNY Software Developer 1 salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.2 L/yr - ₹18 L/yr
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2 years (3 salaries)	₹7.1 L/yr - ₹21 L/yr

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Salary related reviews for BNY

Technical Lead in Chennai

Full Time

IT & Information Security Department

1.0

• posted on 21 Dec 2024

1.0

for Salary and Benefits

Likes

only monthly salary.

Dislikes

no consideration of long term employees. work overload, unnecessary expenses for managers and infrastructure but no seat for employees to sit. domination, partiality, unnecessary meetings panicking employees, no proper requirement sharing, not giving time for analysis,always giving tests for employees, too many prod issues, over time weekend supports with no it. no hike, always low rating, micro management etc

Senior Associate in Pune

Full Time

Risk Management & Compliance Department

2.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

Actually nothing is her to be liked they are spending lot of money of campus etc but not paying to the employee. They did lot of lay off but still not ready to pay to the employee

Dislikes

Management is not at all supportive

Lead Engineer in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Little peace in work.

Dislikes

Company is hiring freshers on salary around 14 lakh to around 33 lakh but they dont have money to provide the same to their senior employees. Since Robin Vince join the organization company started discriminating towards senior employees. It looks like they want all the senior employees to resign the organization and just want to hire freshers to cover them.

Senior Associate in Pune

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 May 2024

3.0

for Salary and Benefits

Likes

Provides good bonus, and enough leaves a year.

Dislikes

Management isnt good, appraisal is terrible, promotions are very less compared to number of new openings, managers doesnt let you apply for IJPs, have to provide explanation on each of your leaves with proofs.

Senior Associate in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 31 Jul 2024

5.0

for Salary and Benefits

Likes

Salary and benefits along with work life balance

Dislikes

Meetings for no reason ...same thing they will discuss day in day out ...you will be asked to update 14-15 trackers. That's all they will do ...no learning at all . They will say fund accounting but will ask you to do AP tasks

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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BNY Software Developer 1 Salary FAQs

What is the salary of Software Developer 1 at BNY?

Software Developer 1 salary at BNY in India ranges between ₹17.6 Lakhs to ₹21.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 103% more than the average Software Developer 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of BNY India.

How does the salary of a Software Developer 1 at BNY India compare with the average salary range for this job?

The average salary of a Software Developer 1 at BNY is 103% more than the average salary of a Software Developer 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than BNY to a Software Developer 1 in India?

Goldman Sachs Software Developer 1 Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
JPMorgan Chase & Co. Software Developer 1 Salary - ₹13.0 Lakhs to ₹30.8 Lakhs per year

What is the salary of a Software Developer 1 in companies similar to BNY in India?

Citigroup Software Developer 1 Salary - ₹13.8 Lakhs to ₹17.0 Lakhs per year
UBS Software Developer 1 Salary - ₹14.0 Lakhs to ₹15.0 Lakhs per year
HSBC Group Software Developer 1 Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Bajaj Finserv Software Developer 1 Salary - ₹7.3 Lakhs to ₹12.5 Lakhs per year
Bank of America Software Developer 1 Salary - ₹6.7 Lakhs to ₹14.0 Lakhs per year

What is the estimated take home salary of a Software Developer 1 at BNY in India?

The estimated take-home salary of a Software Developer 1 at BNY ranges between ₹1,20,904 per month to ₹1,24,300 per month in India. The take-home salary calculation is based on the average BNY Software Developer 1 salary in India which ranges between ₹17.6 Lakhs to ₹21.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Software Developer 1 at BNY?

According to AmbitionBox, 43% of the BNY Software Developer 1s reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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BNY Software Developer 1 Salaries

BNY Software Developer 1 salary in India ranges between ₹17.6 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 BNY latest salaries received from various employees of BNY.