Federal Bank Software Engineer Salaries by 6 Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Software Engineer Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Federal Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Infosys Software Engineer Salary 0 - 6 years exp. (5.7k salaries)	₹2.9 L/yr - ₹10.8 L/yr 42% more
TCS Software Engineer Salary 0 - 7 years exp. (23k salaries)	₹3 L/yr - ₹10.5 L/yr 40% more
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Wipro Software Engineer Salary 0 - 8 years exp. (14k salaries)	₹2 L/yr - ₹15.4 L/yr 74% more	12 job openings
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HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.4 L/yr - ₹12.9 L/yr 55% more
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ICICI Bank Software Engineer Salary 0 - 5 years exp. (75 salaries)	₹3 L/yr - ₹13.5 L/yr 64% more
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 42% more
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HSBC Global Banking and Markets Software Engineer Salary 0 - 5 years exp. (25 salaries)	₹5 L/yr - ₹11.3 L/yr 52% more
Emirates NBD Software Engineer Salary 6 - 11 years exp. (23 salaries)	₹16.7 L/yr - ₹54 L/yr 696% more
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 10% more
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Software Engineer salary at Federal Bank ranges between ₹2 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Software Engineer salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.4 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Federal Bank

System Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Software Developer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Team Lead Salary

(11 salaries)

₹3.41 L/yr - ₹4.2 L/yr

Senior Associate Salary

(6 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Salary related reviews for Federal Bank

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Salary - Poor

+6 more

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Salary - Excellent

+3 more

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Skill development - Poor

+1 more

Assistant Manager in Khambhalia

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

Job security - 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

Skill development - Bad

+4 more

Assistant Manager Operations in Kochi

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

Salary - Excellent

+2 more

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

Work-life balance - Poor

Associate in Dharmapuri

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

Salary - Good

+2 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

Company culture - Poor

+1 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Federal Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at Federal Bank?

Software Engineer salary at Federal Bank in India ranges between ₹2.0 Lakhs to ₹9.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 43% less than the average Software Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank India.

How does the salary of a Software Engineer at Federal Bank India compare with the average salary range for this job?

The average salary of a Software Engineer at Federal Bank is 43% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Software Engineer in India?

Emirates NBD Software Engineer Salary - ₹16.7 Lakhs to ₹54.0 Lakhs per year
Barclays Investment Bank Software Engineer Salary - ₹13.2 Lakhs to ₹22.0 Lakhs per year
Standard Chartered Software Engineer Salary - ₹5.8 Lakhs to ₹22.6 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹10.7 Lakhs to ₹20.9 Lakhs per year
IBM Software Engineer Salary - ₹5.3 Lakhs to ₹22.7 Lakhs per year

What is the salary of a Software Engineer in companies similar to Federal Bank in India?

City Union Bank Software Engineer Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
Chase Bank Software Engineer Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
IDBI Bank Software Engineer Salary - ₹5.1 Lakhs to ₹16.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at Federal Bank in India?

The estimated take-home salary of a Software Engineer at Federal Bank ranges between ₹35,166 per month to ₹36,404 per month in India. The take-home salary calculation is based on the average Federal Bank Software Engineer salary in India which ranges between ₹2.0 Lakhs to ₹9.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Software Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Federal Bank Software Engineer Salaries

Federal Bank Software Engineer salary in India ranges between ₹2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Federal Bank latest salaries received from various employees of Federal Bank.