BSG ITSoft Mumbai Software Developer Salaries by 10 Employees

0 - 6 years exp.

₹6.2 Lakhs - ₹11.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Software Developer Salary for 0 - 6 years of experience

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Last Updated: 12 Feb 2024

Companies similar to BSG ITSoft for Software Developer in Mumbai

BSG ITSoft Software Developer Salary

0 - 6 years exp. (10 salaries)

₹6.2 L/yr - ₹11.1 L/yr

Company name	Avg Annual Salary	Open Jobs
C2L BIZ Software Developer Salary 0 - 6 years exp. (128 salaries)	₹2.6 L/yr - ₹8 L/yr 38% less	2 job openings
Teachers Insurance and Annuity Association of America Software Developer Salary 0 - 5 years exp. (12 salaries)	₹10 L/yr - ₹18 L/yr 56% more
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Hungama Software Developer Salary 1 - 5 years exp. (8 salaries)	₹3 L/yr - ₹9.6 L/yr 19% less
L&T Finance Software Developer Salary 1 - 5 years exp. (6 salaries)	₹6.9 L/yr - ₹12 L/yr 36% more
MUFG Bank Software Developer Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹9.4 L/yr 28% less
HDFC Life Software Developer Salary 2 - 7 years exp. (3 salaries)	₹12.5 L/yr - ₹15.2 L/yr 66% more
Kotak Mahindara Life Insurance Software Developer Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 46% less

Software Developer salary at BSG ITSoft ranges between ₹6.2 Lakhs to ₹11.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 10 latest salaries received from various employees of BSG ITSoft.

Experience wise BSG ITSoft Software Developer salaries in Mumbai

Last Updated: 12 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
1 year (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
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2 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
3 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
4 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr

View all

Similar Designation salaries in BSG ITSoft

Software Engineer Salary

(22 salaries)

₹3.6 L/yr - ₹11.5 L/yr

Senior Software Engineer Salary

(7 salaries)

₹8.4 L/yr - ₹16.2 L/yr

Technical Lead Salary

(4 salaries)

₹18 L/yr - ₹27 L/yr

Salary related reviews for BSG ITSoft

3.5

Rated by 2 employees for salary & benefits

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 21 May 2022

5.0

for Salary and Benefits

Likes

Continuously Growing Good Tech and industry to work on. Salary increments of 15-30% every year.

Salary - Excellent

+5 more

Dislikes

Long working hours At times need to work on Saturdays. With current working technologies, it's ideal to work here for 2-3 years.

Senior Product Manager in Mumbai

Full Time

Product Management Department

4.0

• posted on 16 Sep 2023

3.0

for Salary and Benefits

Likes

Everything is good. Except package difference.

Skill development - Good

+3 more

Dislikes

Except salary structure huge package difference for same designations. New joined lower designation employees gets higher package then the employees having Senior designation

IT Fresher in Mulund

Engineering - Software & QA Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

Dislike totally. Don't recommend anyone to work here.

Dislikes

No proper pay, no increment, worst company policies, no job security, no proper SOPs and bad management decisions & they don't care about employees pay.

Salary - Bad

+6 more

Software Engineer

Engineering - Software & QA Department

4.0

• posted on 15 Jun 2018

1.0

for Salary and Benefits

Likes

Lot of learning banking sector domain, good work culture, friendly nature, heavy work (if we do heavy work will get more experience), banking domain working very much feel in life, if we working on it we forgot our personal life also that much of attraction is there. Will get best appraisal compare to switch.

Skill development - Excellent

+3 more

Dislikes

Work life balance

Salary - Bad

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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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BSG ITSoft Software Developer Salary FAQs

What is the salary of Software Developer at BSG ITSoft in Mumbai?

The average salary of a Software Developer at BSG ITSoft in Mumbai typically ranges from ₹6.2 Lakhs to ₹11.1 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Developer in Mumbai at BSG ITSoft earn more than ₹10.6 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Software Developer Salaries at BSG ITSoft 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 10 BSG ITSoft employees in India.

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

The estimated take-home salary of a Software Developer at BSG ITSoft in Mumbai typically ranges from ₹60,024 to ₹61,541 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from Fresher to 6 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 10 salaries received from various employees of BSG ITSoft. Check how we calculate in-hand salary with our in-hand salary calculator.

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

HDFC Life	₹12.5 Lakhs to ₹15.2 Lakhs per year
Teachers Insurance and Annuity Association of America	₹10.0 Lakhs to ₹18.0 Lakhs per year
L&T Finance	₹6.9 Lakhs to ₹12.0 Lakhs per year

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

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

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

Hungama	₹3.0 Lakhs to ₹9.6 Lakhs per year
MUFG Bank	₹2.5 Lakhs to ₹9.4 Lakhs per year
C2L BIZ	₹2.6 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindara Life Insurance	₹3.0 Lakhs to ₹5.3 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 BSG ITSoft in Mumbai?

The salary growth for a Software Developer at BSG ITSoft 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 BSG ITSoft:

Experience	Average Salary Range
Fresher	₹6.4 Lakhs to ₹8.2 Lakhs per year
1 year	₹6.7 Lakhs to ₹8.6 Lakhs per year
2 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹7.3 Lakhs to ₹9.4 Lakhs per year

and so on.

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BSG ITSoft Software Developer Salaries in Mumbai

BSG ITSoft Software Developer salary in Mumbai ranges between ₹6.2 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 BSG ITSoft latest salaries received from various employees of BSG ITSoft.