Cutech Group Chennai Software Engineer Salaries by 8 Employees

1 - 6 years exp.

₹3 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Software Engineer Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 10 May 2024

Companies similar to Cutech Group for Software Engineer in Chennai

Cutech Group Software Engineer Salary

1 - 6 years exp. (8 salaries)

₹3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Fidelity Investments Software Engineer Salary 1 - 7 years exp. (261 salaries)	₹8.1 L/yr - ₹19 L/yr 260% more
BNP Paribas Software Engineer Salary 1 - 6 years exp. (147 salaries)	₹4.8 L/yr - ₹14 L/yr 98% more
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Citicorp Software Engineer Salary 2 - 8 years exp. (79 salaries)	₹10 L/yr - ₹26 L/yr 397% more
BNY Software Engineer Salary 1 - 10 years exp. (28 salaries)	₹15.4 L/yr - ₹26 L/yr 295% more
N+A Software Engineer Salary 0 - 5 years exp. (20 salaries)	₹2 L/yr - ₹9.4 L/yr 30% more
Cholamandalam Investment & Finance Software Engineer Salary 1 - 4 years exp. (12 salaries)	₹2.5 L/yr - ₹6 L/yr 13% less
CAMS Software Engineer Salary 0 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹10 L/yr 66% more
Aditya Birla Capital Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹13.8 L/yr 102% more

Software Engineer salary at Cutech Group ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Cutech Group.

Experience wise Cutech Group Software Engineer salaries in Chennai

Last Updated: 10 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Similar Designation salaries in Cutech Group

Software Developer Salary

(8 salaries)

₹1.8 L/yr - ₹9 L/yr

Senior Software Engineer Salary

(4 salaries)

₹4.1 L/yr - ₹13.2 L/yr

Salary related reviews for Cutech Group

2.0

Rated by 1 employees for salary & benefits

NDT Inspector in Singapore

Contractual

Engineering - Software & QA Department

5.0

• posted on 04 Oct 2023

5.0

for Salary and Benefits

Likes

safe environment to work and they keep encouraging the technicians to perform well.

Salary - Excellent

+6 more

Dislikes

after completion of daily worktime we should be waiting for vehicle for more than half or one hour, this should be a only dislike for me.

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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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Cutech Group Software Engineer Salary FAQs

What is the salary of Software Engineer at Cutech Group in Chennai?

The average salary of a Software Engineer at Cutech Group in Chennai typically ranges from ₹3.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Engineer in Chennai at Cutech Group earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Software Engineer Salaries at Cutech Group 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 8 Cutech Group employees in India.

What is the estimated take home salary of a Software Engineer at Cutech Group in Chennai?

The estimated take-home salary of a Software Engineer at Cutech Group in Chennai typically ranges from ₹31,696 to ₹32,985 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of Cutech Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cutech Group for Software Engineer in India?

Citicorp	₹10.0 Lakhs to ₹26.0 Lakhs per year
BNY	₹15.4 Lakhs to ₹26.0 Lakhs per year
Fidelity Investments	₹8.1 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Capital	₹4.5 Lakhs to ₹13.8 Lakhs per year
BNP Paribas	₹4.8 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Software Engineer in companies similar to Cutech Group in Chennai?

The salary of a Software Engineer at companies similar to Cutech Group in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CAMS	₹2.5 Lakhs to ₹10.0 Lakhs per year
N+A	₹2.0 Lakhs to ₹9.4 Lakhs per year
Cholamandalam Investment & Finance	₹2.5 Lakhs to ₹6.0 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 Engineer at Cutech Group in Chennai?

The salary growth for a Software Engineer at Cutech Group in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Chennai can expect the following growth trajectory at Cutech Group:

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Cutech Group Software Engineer Salaries in Chennai

Cutech Group Software Engineer salary in Chennai ranges between ₹3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Cutech Group latest salaries received from various employees of Cutech Group.