Deutsche Bank Software Developer 1 Salaries by 6 Employees (Updated 2025)

1 - 5 years exp.

₹18.6 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (96%)

₹18.4 Lakhs

Variable (4%)

₹0.8 Lakh

116% more than the average Software Developer 1 Salary in Banking Companies for 1 - 5 years of experience

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Last Updated: 12 Jan 2025

Companies similar to Deutsche Bank for Software Developer 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer 1 Salary 1 - 6 years exp. (4 salaries)	₹10 L/yr - ₹27 L/yr 21% less
Kotak Mahindra Bank Software Developer 1 Salary 0 - 3 years exp. (7 salaries)	₹16 L/yr - ₹35 L/yr 38% more
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Bank of America Software Developer 1 Salary 0 - 6 years exp. (18 salaries)	₹6.5 L/yr - ₹14 L/yr 48% less
Barclays Software Developer 1 Salary 0 - 3 years exp. (7 salaries)	₹12 L/yr - ₹18 L/yr 27% less
Standard Chartered Software Developer 1 Salary 1 - 4 years exp. (4 salaries)	₹5.3 L/yr - ₹12 L/yr 55% less
AU Small Finance Bank Software Developer 1 Salary 1 - 3 years exp. (4 salaries)	₹12 L/yr - ₹14 L/yr 28% less
NatWest Group Software Developer 1 Salary 0 - 2 years exp. (3 salaries)	₹4 L/yr - ₹14 L/yr 46% less

Software Developer 1 salary at Deutsche Bank ranges between ₹18.6 Lakhs to ₹20.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Deutsche Bank.

Experience wise Deutsche Bank Software Developer 1 salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹18.6 L/yr - ₹20.5 L/yr
2 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹19.6 L/yr
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3 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹34.5 L/yr
4 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.8 L/yr
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹18.9 L/yr

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Salary related reviews for Deutsche Bank

3.0

Rated by 1 employees for salary & benefits

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

Vice President in Pune

Full Time

Project & Program Management Department

5.0

• posted on 29 Jan 2025

3.0

for Salary and Benefits

Likes

The organisation is goal oriented and the goals are communicated clearly. Most leaders are not micro managers and give a platform for the teams to grow.

Skill development - Good

+5 more

Dislikes

The salary hike in India has been terrible over the last 3 years. Even though the company makes unprecedented profits it is not shared with the employees. The bonus payouts are very bad as well at all levels if compared to other international banks.

Assistant Vice President in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Nov 2024

5.0

for Salary and Benefits

Likes

Overall good organisation. Pay and Benefits are good. Good learning opportunities. People and Management appreciate your work.

Salary - Excellent

+5 more

Dislikes

A lot of controls by management and pressure to follow guidelines and take additional tasks.

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What people are saying about Deutsche Bank

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a team lead

2w (edited)

Test Lead with 11 Years experience worked in banking, finance and Healthcare industry for good no of years.

Could you please guide which is good company to join? I have similar offer from both the companies.

1. Deutche Bank as AVP

2. Optum Solutions as Manager

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Deutsche Bank Software Developer 1 Salary FAQs

What is the salary of Software Developer 1 at Deutsche Bank ?

The average salary of a Software Developer 1 at Deutsche Bank in India typically ranges from ₹18.6 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Software Developer 1 at Deutsche Bank earn more than ₹20.4 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. Software Developer 1 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 6 Deutsche Bank employees in India.

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

The estimated take-home salary of a Software Developer 1 at Deutsche Bank in India typically ranges from ₹1,27,338 to ₹1,31,571 per month. This is based on the average salary range of ₹18.6 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 salaries received from various employees of Deutsche Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Deutsche Bank for Software Developer 1 in India?

Kotak Mahindra Bank

₹16.0 Lakhs to ₹35.0 Lakhs per year

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

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

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

HDFC Bank	₹10.0 Lakhs to ₹27.0 Lakhs per year
Barclays	₹12.0 Lakhs to ₹18.0 Lakhs per year
AU Small Finance Bank	₹12.0 Lakhs to ₹14.0 Lakhs per year
NatWest Group	₹4.0 Lakhs to ₹14.0 Lakhs per year
Bank of America	₹6.5 Lakhs to ₹14.0 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 Developer 1 at Deutsche Bank in India?

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

Experience	Average Salary Range
1 year	₹18.6 Lakhs to ₹20.5 Lakhs per year
2 years	₹18.9 Lakhs to ₹19.6 Lakhs per year
3 years	₹18.9 Lakhs to ₹34.5 Lakhs per year
4 years	₹17.0 Lakhs to ₹21.8 Lakhs per year

and so on.

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Deutsche Bank Software Developer 1 Salaries

Deutsche Bank Software Developer 1 salary in India ranges between ₹18.6 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Deutsche Bank latest salaries received from various employees of Deutsche Bank.