Deutsche Bank Mumbai Associate Engineer Salaries by 9 Employees

2 - 9 years exp.

₹11 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

266% more than the average Associate Engineer Salary in Banking Companies for 2 - 9 years of experience

Interested in this particular role? 4 job openings

Last Updated: 5 Sep 2023

Companies similar to Deutsche Bank for Associate Engineer in Mumbai

Deutsche Bank Associate Engineer Salary

2 - 9 years exp. (9 salaries)

₹11 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Communications Associate Engineer Salary 0 - 5 years exp. (60 salaries)	₹1.5 L/yr - ₹4 L/yr 86% less
Quess Associate Engineer Salary 0 - 8 years exp. (55 salaries)	₹1.7 L/yr - ₹4.6 L/yr 84% less
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Atos Associate Engineer Salary 1 - 5 years exp. (46 salaries)	₹3 L/yr - ₹7.7 L/yr 76% less
Tata Steel Associate Engineer Salary 2 - 11 years exp. (35 salaries)	₹2.1 L/yr - ₹7.2 L/yr 68% less
L&T Technology Services Associate Engineer Salary 0 - 4 years exp. (31 salaries)	₹3.6 L/yr - ₹6 L/yr 78% less

Associate Engineer salary at Deutsche Bank ranges between ₹11 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Deutsche Bank.

Experience wise Deutsche Bank Associate Engineer salaries in Mumbai

Last Updated: 5 Sep 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
3 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
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4 years (AmbitionBox Estimate)	₹16 L/yr - ₹20.5 L/yr
5 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
6 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
7 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.8 L/yr
8 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹24.9 L/yr
9 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr

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Similar Designation salaries in Deutsche Bank

Associate Software Engineer Salary

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₹17 L/yr - ₹29 L/yr

Senior Software Engineer Salary

(3 salaries)

₹10.8 L/yr - ₹30 L/yr

Top skills at Deutsche Bank for Associate Engineer

Agile Oracle SQL Python Unix Hibernate HTML Core Java GIT Javascript Scrum PLSQL Java Linux SDLC

Salary related reviews for Deutsche Bank

Associate Consultant in Pune

Full Time

IT & Information Security Department

3.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

Work life balance is good, as ther is very low focus on work. :) 4% variable component which is good.

Job security - Good

+1 more

Dislikes

...n order to grow. This is always being said during your performance discussions. Good organization if you have no goals and happy with salary being credited monthly in your account.

Skill development - Bad

+2 more

Senior Engineer in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 29 Mar 2024

4.0

for Salary and Benefits

Likes

Only salary is good.

Salary - Good

+1 more

Dislikes

Directors are incapable of running business. Their is a army of incapable Directors who are spoiling future of many employees. If you are technically skilled and want to grow in technology then never join DB. Higher management only like boot lickers who just do buttering of bosses. Skillset required to succeed in DB is cocktail party management/arrangement, leading timepass meetings wasting precious time. Working DB is totally waste.

Skill development - Bad

+4 more

Senior Associate in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

Work life balance is great, they have a fixed pay which is good, various team activities, great work culture ,

Salary - Good

+4 more

Dislikes

Even though they have fixed pay but in hand is less, learning opportunities are not good , senior management is not cooperative, less exposure to new technologies

Assistant Vice President in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 25 Feb 2025

3.0

for Salary and Benefits

Likes

They pay good salary but compared to the work culture it is not worth it

Dislikes

...ed by manager as per their will If you show any dissatisfaction my manager will tell you that you are receiving the salary and not doing for free

Skill development - Bad

+4 more

KYC Analyst in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 Feb 2025

1.0

for Salary and Benefits

Likes

Company provide good work life balance.

Job security - Excellent

+1 more

Dislikes

Salary is very low compared with other companies no Salary hike no promotions only only selected people get promoted. 1% and 2% hike for year that too depends on your lead.

Salary - Bad

+2 more

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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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Deutsche Bank Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Deutsche Bank in Mumbai?

The average salary of a Associate Engineer at Deutsche Bank in Mumbai typically ranges from ₹11.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Associate Engineer in Mumbai at Deutsche Bank earn more than ₹24.3 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Associate Engineer Salaries at Deutsche Bank 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 Deutsche Bank employees in India.

What is the estimated take home salary of a Associate Engineer at Deutsche Bank in Mumbai?

The estimated take-home salary of a Associate Engineer at Deutsche Bank in Mumbai typically ranges from ₹1,30,376 to ₹1,35,014 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 Deutsche Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Engineer at Deutsche Bank in Mumbai?

To be a Associate Engineer at Deutsche Bank in Mumbai, the key skills required include:

- Agile
- Oracle
- SQL
- Python
- Unix

These skills are highly valued at Deutsche Bank and are crucial for successful performance in a Software Engineering role.

What is the salary of a Associate Engineer in companies similar to Deutsche Bank in Mumbai?

The salary of a Associate Engineer at companies similar to Deutsche Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Steel	₹2.1 Lakhs to ₹7.2 Lakhs per year
Atos	₹3.0 Lakhs to ₹7.7 Lakhs per year
L&T Technology Services	₹3.6 Lakhs to ₹6.0 Lakhs per year
Quess	₹1.7 Lakhs to ₹4.6 Lakhs per year
Tata Communications	₹1.5 Lakhs to ₹4.0 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 Associate Engineer at Deutsche Bank in Mumbai?

The salary growth for a Associate Engineer at Deutsche Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Engineer in Mumbai can expect the following growth trajectory at Deutsche Bank:

Experience	Average Salary Range
2 years	₹14.3 Lakhs to ₹18.3 Lakhs per year
3 years	₹15.2 Lakhs to ₹19.4 Lakhs per year
4 years	₹16.0 Lakhs to ₹20.5 Lakhs per year
5 years	₹16.9 Lakhs to ₹21.6 Lakhs per year

and so on.

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Deutsche Bank Associate Engineer Salaries in Mumbai

Deutsche Bank Associate Engineer salary in Mumbai ranges between ₹11 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Deutsche Bank latest salaries received from various employees of Deutsche Bank.