FIS Indore Development Manager Salaries by 4 Employees (Updated 2025)

13 - 16 years exp.

₹25.5 Lakhs - ₹34.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

72% more than the average Development Manager Salary in FinTech Companies for 13 - 16 years of experience

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Salaries in different departments

Engineering - Software & QA Development Manager Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹25.5 L/yr - ₹32 L/yr
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Project & Program Management Development Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹34.8 L/yr

Last Updated: 31 Mar 2025

Development Manager salary at FIS ranges between ₹25.5 Lakhs to ₹34.8 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of FIS.

Experience wise FIS Development Manager salaries in Indore

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹25.3 L/yr - ₹32.4 L/yr
14 years (AmbitionBox Estimate)	₹25.9 L/yr - ₹33 L/yr
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15+ years (3 salaries)	₹27 L/yr - ₹34.8 L/yr

From

Development Manager

13 - 18 years exp.

Senior Development Manager

12 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in FIS

Scrum Master Salary

(5 salaries)

₹13.5 L/yr - ₹18 L/yr

Top skills at FIS for Development Manager

Agile Coaching Recruitment Struts Software Asset Management SQL Server

Salary related reviews for FIS

Senior Software Engineer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Jun 2024

4.0

for Salary and Benefits

Likes

The flexibility you get in work. Variable pay would be almost 90 to 100 percent every time

Salary - Good

+5 more

Dislikes

Some time WLB go into toss. Again depends on the project. Generally its like any other product based companies strictly following process

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 14 Jul 2023

2.0

for Salary and Benefits

Likes

They doesn't cut QIP. Insurance policy is good. Good work life balance

Dislikes

Salary hike. Lot of politics for appraisal. Managers doesn't care about employee. When any issue occurs or release failure, the blaming comes to employee or team. If it successful, then the higher management takes credit.

Salary - Poor

+5 more

Senior Software Engineer in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 29 Mar 2023

2.0

for Salary and Benefits

Likes

Work from home was provided.

Dislikes

...under them. when I was serving notice period the manager assigned me a POC task. At the time of performance bonus discussion, for which I was eligible, he did not give me any bonus saying that I did not complete the implementation. This was unfair as it was not possible to implement in one month's time which he was aware of. Later, more than 5-6 month's time was given by him and the TL as part of the implementation plan. I was very disappointed as I had 3 job offers but I chose FIS as it was considered employee friendly company. I will never forget this experience.

Salary - Poor

+6 more

Technical Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

3.0

• posted on 07 Apr 2023

2.0

for Salary and Benefits

Likes

work life balance is good.

Work-life balance - Good

Dislikes

...g no yearly appraisal given even after 1.6 years of waiting due to cost cutting. 100% Bonus will also go away after sometimes due to which our salary decreasses 10% after sometimes.

Salary - Poor

+4 more

Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 23 Oct 2022

1.0

for Salary and Benefits

Likes

The Development work and domain

Job security - Good

+1 more

Dislikes

Biased team No proper recognition for the efforts Hiring is bad Salary is not based on performance Putting all the work on person who do Work life balance is not good sometimes total stress falls on single person and need to work day and night

Salary - Bad

+4 more

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What people are saying about FIS

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an agile scrum master

Scrum Master

Yoe - 4.6 years. I got a new offer with 50% hike in my Fixed pay. I am still confused whether it’s a good percentage or I should have asked more ?

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FIS Development Manager Salary FAQs

What is the salary of Development Manager at FIS in Indore?

The average salary of a Development Manager at FIS in Indore typically ranges from ₹25.5 Lakhs to ₹34.8 Lakhs per year, depending on experience (from 13 years to 16 years).

The top 10% of Development Manager in Indore at FIS earn more than ₹34.8 Lakhs per year, and the top 1% earn over ₹34.8 Lakhs per year. Development Manager Salaries at FIS 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 4 FIS employees in India.

What is the estimated take home salary of a Development Manager at FIS in Indore?

The estimated take-home salary of a Development Manager at FIS in Indore typically ranges from ₹1,82,924 to ₹1,90,058 per month. This is based on the average salary range of ₹25.5 Lakhs to ₹34.8 Lakhs per year for employees with experience ranging from 13 years to 16 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 4 salaries received from various employees of FIS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Development Manager at FIS in Indore?

To be a Development Manager at FIS in Indore, the key skills required include:

- Agile Coaching
- Recruitment
- Struts
- Software Asset Management
- SQL Server

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

How the salary growth look like for a Development Manager at FIS in Indore?

The salary growth for a Development Manager at FIS in Indore depends on factors such as experience, performance, and promotions. On average, a Development Manager in Indore can expect the following growth trajectory at FIS:

Experience	Average Salary Range
13 years	₹25.3 Lakhs to ₹32.4 Lakhs per year
14 years	₹25.9 Lakhs to ₹33.0 Lakhs per year
15 years	₹27.0 Lakhs to ₹34.8 Lakhs per year

and so on.

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FIS Development Manager Salaries in Indore

FIS Development Manager salary in Indore ranges between ₹25.5 Lakhs to ₹34.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 FIS latest salaries received from various employees of FIS.