Finastra Development Manager Salaries by 10+ Employees (Updated 2025)

8 - 15 years exp.

₹23.9 Lakhs - ₹35.5 Lakhs

Salary of majority employees

103% more than the average Development Manager Salary in Software Product Companies for 8 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Development Manager Salary 8 - 15 years exp. (11 salaries)	₹24 L/yr - ₹35.5 L/yr
Project & Program Management Development Manager Salary 9 - 14 years exp. (3 salaries)	₹23.9 L/yr - ₹27 L/yr
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Product Management Development Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹25.8 L/yr - ₹26.5 L/yr

Last Updated: 22 Feb 2025

Companies similar to Finastra for Development Manager

Company name	Avg Annual Salary	Open Jobs
FIS Development Manager Salary 13 - 18 years exp. (93 salaries)	₹19.2 L/yr - ₹38.2 L/yr 12% more
TCS Development Manager Salary 3 - 15 years exp. (7 salaries)	₹4.5 L/yr - ₹25.8 L/yr 50% less
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Infosys Development Manager Salary 1 - 16 years exp. (4 salaries)	₹4 L/yr - ₹28.1 L/yr 43% less
Mphasis Development Manager Salary 12 - 15 years exp. (3 salaries)	₹25 L/yr - ₹29 L/yr 3% more
LTIMindtree Development Manager Salary 16 - 21 years exp. (3 salaries)	₹13 L/yr - ₹15 L/yr 49% less
Tech Mahindra Development Manager Salary 15 - 17 years exp. (4 salaries)	₹19.6 L/yr - ₹36 L/yr 9% less
Amadeus Development Manager Salary 11 - 16 years exp. (25 salaries)	₹27 L/yr - ₹48.5 L/yr 47% more
Dassault Systemes Development Manager Salary 6 - 17 years exp. (22 salaries)	₹10.2 L/yr - ₹26.6 L/yr 23% less
SAP Development Manager Salary 9 - 21 years exp. (19 salaries)	₹20.5 L/yr - ₹68 L/yr 79% more
UKG Development Manager Salary 12 - 20 years exp. (19 salaries)	₹30 L/yr - ₹57 L/yr 64% more
Thomson Reuters Development Manager Salary 16 - 20 years exp. (7 salaries)	₹33 L/yr - ₹64 L/yr 93% more
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Wolters Kluwer Development Manager Salary 8 - 23 years exp. (4 salaries)	₹26 L/yr - ₹48 L/yr 43% more
24/7 Customer Development Manager Salary 10 - 15 years exp. (4 salaries)	₹24 L/yr - ₹35 L/yr 6% more
VMware Software Development Manager Salary 12 - 15 years exp. (4 salaries)	₹39 L/yr - ₹93 L/yr 158% more
Infor Global Solution Development Manager Salary 12 - 18 years exp. (4 salaries)	₹32 L/yr - ₹37 L/yr 25% more
Microsoft Corporation Development Manager Salary 20 - 22 years exp. (3 salaries)	₹51 L/yr - ₹86 L/yr 157% more

Development Manager salary at Finastra ranges between ₹23.9 Lakhs to ₹35.5 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 17 latest salaries received from various employees of Finastra.

Experience wise Finastra Development Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
8 years (4 salaries)	₹26.4 L/yr - ₹32 L/yr
9 years (3 salaries)	₹23.9 L/yr - ₹30 L/yr
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10 years (AmbitionBox Estimate)	₹23.9 L/yr - ₹48.8 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹32 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹35.5 L/yr
13 years (AmbitionBox Estimate)	₹24 L/yr - ₹48 L/yr
14 years (AmbitionBox Estimate)	₹24 L/yr - ₹27 L/yr
15+ years (AmbitionBox Estimate)	₹10.5 L/yr - ₹33 L/yr

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From

Development Manager

8 - 15 years exp.

Senior Development Manager

11 - 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.

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Top skills at Finastra for Development Manager

Production Support Coding C++ Unix Recruitment

Salary related reviews for Finastra

Rated by 1 employees for salary & benefits

Software Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

4.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

Salary will be a good one , able to enhance tech skills, learn new tech. They are using recent new technologies only

Salary - Good

+4 more

Dislikes

Job security is very less. Few people (not one or two ) people affected lay off . For freshers it wont be there. But for seniors (not by overall exp, seniors based on exp in finastra) job security is very less. Some will get a notice period of 1 month . They will give a good amount for these lay off people based on the experience . They are doing this layoff for cost cutting. I joined there by seeing ambition box review and hr's sugar coating words about job security. So guys if you want a secured job dont come here. If u want only 1-2 years of experience in Finastra for gaining knowledge about recent tech u can.

Job security - Bad

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 20 May 2024

4.0

for Salary and Benefits

Likes

The company culture is very good, working at Finastra is really good, work life balance is the biggest plus point here. Also, company offers Hybrid work from office, 2 days a week.

Salary - Good

+3 more

Dislikes

Food is too much costly, you need to wait more for promotions, salary also needs to raise.

Software Engineer in Bangalore / Bengaluru

Data Science & Analytics Department

5.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Work life balance, company culture, Amazing people and office, Initial joining pay.

Salary - Good

+6 more

Dislikes

Year on year salary hike, timing of bonus is very late, notice period employees(leaving in July) should be considered for bonus as they would have worked full year.

Technical Project Manager in Pune

Project & Program Management Department

3.0

• posted on 22 May 2022

2.0

for Salary and Benefits

Likes

There workspaces are excellent and facilities provided as well. Good IGP process help you to switch internally.

Dislikes

They have hire and fire policy. Also managers needs to put lot of efforts for replacements and salary hikes of their employees. Poor work life balance.

Salary - Poor

+2 more

Software Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

4.0

• posted on 06 Apr 2022

3.0

for Salary and Benefits

Likes

Clearly defined processes for development Good Culture, Work-Life Balance Work is good, Interesting projects

Skill development - Good

+5 more

Dislikes

Pay very less compared to other companies Growth and promotions happen only if you are really exceptional. Otherwise it's pretty much stagnant

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Top trending discussions

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Finastra Development Manager Salary FAQs

What is the salary of Development Manager at Finastra?

Development Manager salary at Finastra in India ranges between ₹23.9 Lakhs to ₹35.5 Lakhs for experience between 8 years to 15 years. According to our estimates it is 103% more than the average Development Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Finastra India.

How does the salary of a Development Manager at Finastra India compare with the average salary range for this job?

The average salary of a Development Manager at Finastra is 103% more than the average salary of a Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Development Manager at Finastra?

Production Support, Coding, C++, Unix and Recruitment are some of the popular skills required to work as a Development Manager at Finastra India.

Which similar companies are paying more than Finastra to a Development Manager in India?

VMware Software Development Manager Salary - ₹39.0 Lakhs to ₹93.0 Lakhs per year
Microsoft Corporation Development Manager Salary - ₹51.0 Lakhs to ₹86.0 Lakhs per year
Thomson Reuters Development Manager Salary - ₹33.0 Lakhs to ₹64.0 Lakhs per year
SAP Development Manager Salary - ₹20.5 Lakhs to ₹68.0 Lakhs per year
UKG Development Manager Salary - ₹30.0 Lakhs to ₹57.0 Lakhs per year

What is the salary of a Development Manager in companies similar to Finastra in India?

Amadeus Development Manager Salary - ₹27.0 Lakhs to ₹48.5 Lakhs per year
Wolters Kluwer Development Manager Salary - ₹26.0 Lakhs to ₹48.0 Lakhs per year
Infor Global Solution Development Manager Salary - ₹32.0 Lakhs to ₹37.0 Lakhs per year
FIS Development Manager Salary - ₹19.2 Lakhs to ₹38.2 Lakhs per year
24/7 Customer Development Manager Salary - ₹24.0 Lakhs to ₹35.0 Lakhs per year

What is the estimated take home salary of a Development Manager at Finastra in India?

The estimated take-home salary of a Development Manager at Finastra ranges between ₹1,68,440 per month to ₹1,74,920 per month in India. The take-home salary calculation is based on the average Finastra Development Manager salary in India which ranges between ₹23.9 Lakhs to ₹35.5 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Development Manager at Finastra?

According to AmbitionBox, 100% of the Finastra Development Managers reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Finastra Development Manager Salaries

Finastra Development Manager salary in India ranges between ₹23.9 Lakhs to ₹35.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Finastra latest salaries received from various employees of Finastra.