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Federal Bank Software Developer salaries in India

Annual salary range
0 - 1 year exp.
₹3 Lakhs - ₹4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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57% less than the average Software Developer Salary in Banking Companies for 0 - 1 year of experience

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Last Updated: 30 Sep 2024

Companies similar to Federal Bank for Software Developer

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₹2.1 L/yr - ₹10.3 L/yr

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Bandhan Bank Software Developer Salary

0 - 3 years exp. (9 salaries)

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0 - 9 years exp. (9 salaries)

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₹4.6 L/yr - ₹11 L/yr

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₹9.5 L/yr - ₹25 L/yr

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0 - 8 years exp. (5 salaries)

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₹5.3 L/yr - ₹14 L/yr

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0 - 3 years exp. (4 salaries)

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₹3 L/yr - ₹12.5 L/yr

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Karur Vysya Bank Software Developer Salary

1 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹9 L/yr

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Emirates NBD Software Developer Salary

8 - 12 years exp. (3 salaries)

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₹42 L/yr - ₹60 L/yr

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Software Developer salary at Federal Bank ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Software Developer

4mo ago
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1 year exp.
10mo ago
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5 months exp.

Experience wise Federal Bank Software Developer salaries

Last Updated: 30 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹4 L/yr

Similar Designation salaries in Federal Bank

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₹2 L/yr - ₹9 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Team Lead Salary
(6 salaries)
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₹3.33 L/yr - ₹4 L/yr
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₹6.8 L/yr - ₹9.5 L/yr

Salary related reviews for Federal Bank

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Only salary and perks are good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 May 2024

4.0
 for  Salary and Benefits

Likes

One thing I like is that the salary comes on time. And others allowance.

read more

Dislikes

There are many things that are not good in the bank. Like work time 'starting from 9:45 every morning and have no idea when to come back almost 12 hours work everyday. Thus the employee's private life remains nothing. Neither he can take time for himself nor can he give time to his family. Another thing is that he does not give transfer near the employee's house. He does not understand anyone's situation. Due to such an environment, the employee becomes frustrated and prone to leave the job. It is requested to think about the employee and take a good solution for not hiding from the site after reading the review. And do not discriminate between male and female employees regarding office time and transfer.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 14 May 2024

5.0
 for  Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 19 Apr 2024

4.0
 for  Salary and Benefits

Likes

Salary is very good, job security and culture is better than other private banks

read more

Dislikes

Won’t get transfers easily, some managers can be very disrespectful. No work life balance especially when it comes to leaves for personal needs

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Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 04 Jan 2024

5.0
 for  Salary and Benefits

Likes

...ere are lots of certification courses and examination and higher study facility. If one can manages to study while working , and pass the exams , there will be increment in salary and the chances of promotion gets better . However , the promotion / appraisal is very structured. Every after 3 years and above are eligible for promotion and the probation period after promotion is 1 year. But , if one is dedicated, the career trajectory can be very good and one can actually retire from federal bank with lots of perks and benefits.

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Dislikes

There are different department in Federal Bank and different types of hierarchy. However, to change your department from branch to zonal office , or retail loan to forex headquarters etc is very difficult and almost based on constant request to HR or based out of pure luck. Every year , there will be transfer of your position and that might not be the scenario for change in your department. So one's career in the federal bank can be very upscaling and upward moving , however for someone who's struggling with location switch , might be very challenging.

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Federal Bank Software Developer Salary FAQs

What is the notice period for Software Developer at Federal Bank?
According to AmbitionBox, 67% of the Federal Bank Software Developers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Federal Bank Software Developer salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.