Finastra Electrical Engineer Salaries by 4 Employees

0 - 4 years exp.

₹1.5 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Electrical Engineer Salary in Software Product Companies for 0 - 4 years of experience

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Salaries in different departments

Research & Development Electrical Engineer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Construction & Site Engineering Electrical Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 22 Oct 2024

Companies similar to Finastra for Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Electrical Engineer Salary 1 - 10 years exp. (30 salaries)	₹1.8 L/yr - ₹9.2 L/yr 134% more
Infosys Electrical Engineer Salary 0 - 10 years exp. (12 salaries)	₹2.5 L/yr - ₹5 L/yr 125% more
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Mphasis Electrical Engineer Salary 2 - 4 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 10% more
LTIMindtree Electrical Engineer Salary 0 - 6 years exp. (14 salaries)	₹2.3 L/yr - ₹5 L/yr 83% more
Tech Mahindra Electrical Engineer Salary 1 - 6 years exp. (32 salaries)	₹1.8 L/yr - ₹9.2 L/yr 137% more
Visteon Electrical Engineer Salary 0 - 6 years exp. (10 salaries)	₹6 L/yr - ₹9.6 L/yr 307% more
NCR Voyix Electrical Engineer Salary 0 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹3.1 L/yr 17% more
24/7 Customer Electrical Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹2.9 L/yr 32% more

Electrical Engineer salary at Finastra ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Finastra.

Experience wise Finastra Electrical Engineer salaries

Last Updated: 22 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Similar Designation salaries in Finastra

Service Engineer Salary

(AmbitionBox Estimate)

₹23.2 L/yr - ₹29.7 L/yr

Senior Engineer Salary

(8 salaries)

₹10 L/yr - ₹28 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Electrician Salary

(3 salaries)

₹2.1 L/yr - ₹2.6 L/yr

Senior Project Engineer Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Project Manager Salary

(11 salaries)

₹7.1 L/yr - ₹24 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹11.9 L/yr - ₹15.2 L/yr

Salary related reviews for Finastra

Senior Business Analyst And Product Owner in Bangalore / Bengaluru

Full Time

Product Management Department

3.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

The company is ok in terms of work life balance

Company culture - Good

+1 more

Dislikes

... documentation of the things which makes it tougher to learn for the new joinee. 4) very bad salary hikes 5) silent firing of the employees which don't make any headlines

Salary - Poor

+3 more

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.

Expert Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 15 Mar 2022

1.0

for Salary and Benefits

Likes

Most of the people come with enthusiasm to start working with Finastra and end up loosing their work life balance and satisfaction. They have a lot of glitches in their system and fixing them takes a lot time which the managers don’t give making the employees life hell

Job security - Good

Dislikes

...ues, and innumerable follow up. They give opportunities only to their favorites. They always ask to work on weekends without compensation or allowances

Salary - Bad

+5 more

Expert Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 12 Sep 2022

3.0

for Salary and Benefits

Likes

Only the offered package at the time of joining is good and if you are lucky you would get good bonus as well

Dislikes

Company culture is worst, there are many senior developers who don’t have much skills and they are unworthy to outside markets are getting promoted and getting good hikes only because they are good at buttering and politics Skilled and talented people leave Finsatra within two years due to pathetic work culture and bad politics

Skill development - Poor

+5 more

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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 Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at Finastra ?

The average salary of a Electrical Engineer at Finastra in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Electrical Engineer at Finastra earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Electrical Engineer Salaries at Finastra 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 Finastra employees in India.

What is the estimated take home salary of a Electrical Engineer at Finastra in India?

The estimated take-home salary of a Electrical Engineer at Finastra in India typically ranges from ₹12,855 to ₹14,237 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 Finastra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Finastra for Electrical Engineer in India?

Visteon	₹6.0 Lakhs to ₹9.6 Lakhs per year
Tech Mahindra	₹1.8 Lakhs to ₹9.2 Lakhs per year
TCS	₹1.8 Lakhs to ₹9.2 Lakhs per year
Infosys	₹2.5 Lakhs to ₹5.0 Lakhs per year
LTIMindtree	₹2.3 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Electrical Engineer in companies similar to Finastra in India?

The salary of a Electrical Engineer at companies similar to Finastra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

24/7 Customer	₹1.9 Lakhs to ₹2.9 Lakhs per year
NCR Voyix	₹1.2 Lakhs to ₹3.1 Lakhs per year
Mphasis	₹1.0 Lakhs to ₹3.0 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 Electrical Engineer at Finastra in India?

The salary growth for a Electrical Engineer at Finastra depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at Finastra:

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹1.7 Lakhs per year
1 year	₹1.4 Lakhs to ₹1.7 Lakhs per year
4 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Finastra Electrical Engineer Salaries

Finastra Electrical Engineer salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Finastra latest salaries received from various employees of Finastra.