Finastra Principal Software Engineer Salaries by 4 Employees (Updated 2024)

14 - 19 years exp.

₹34 Lakhs - ₹71.1 Lakhs

Low Confidence

Salary of majority employees

77% more than the average Principal Software Engineer Salary in Software Product Companies for 14 - 19 years of experience

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Last Updated: 24 Nov 2024

Companies similar to Finastra for Principal Software Engineer

Company name	Avg Annual Salary	Open Jobs
Temenos Principal Software Engineer Salary 9 - 13 years exp. (6 salaries)	₹19.5 L/yr - ₹27 L/yr 58% less
FIS Principal Software Engineer Salary 9 - 19 years exp. (87 salaries)	₹18 L/yr - ₹45 L/yr 39% less
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TCS Principal Software Engineer Salary 1 - 15 years exp. (17 salaries)	₹9 L/yr - ₹35.4 L/yr 63% less
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Mphasis Principal Software Engineer Salary 5 - 7 years exp. (5 salaries)	₹18.5 L/yr - ₹20.5 L/yr 66% less
LTIMindtree Principal Software Engineer Salary 10 - 21 years exp. (21 salaries)	₹22 L/yr - ₹40 L/yr 38% less
Tech Mahindra Principal Software Engineer Salary 2 - 16 years exp. (7 salaries)	₹15 L/yr - ₹40 L/yr 44% less
UKG Principal Software Engineer Salary 8 - 14 years exp. (244 salaries)	₹21 L/yr - ₹40.6 L/yr 41% less	7 job openings
Microsoft Corporation Principal Software Engineer Salary 10 - 18 years exp. (71 salaries)	₹33.1 L/yr - ₹1.1 Cr/yr 17% more
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Visteon Principal Software Engineer Salary 9 - 15 years exp. (52 salaries)	₹21 L/yr - ₹51.5 L/yr 35% less
SAP Principal Software Engineer Salary 6 - 18 years exp. (27 salaries)	₹8.5 L/yr - ₹42 L/yr 57% less
Adobe Principal Software Engineer Salary 2 - 11 years exp. (4 salaries)	₹16.5 L/yr - ₹20 L/yr 68% less
Oracle Cerner Principal Software Engineer Salary 9 - 19 years exp. (4 salaries)	₹25.1 L/yr - ₹45.7 L/yr 41% less
VMware Software Principal Software Engineer Salary 14 - 16 years exp. (4 salaries)	₹42 L/yr - ₹80.1 L/yr 16% more

Principal Software Engineer salary at Finastra ranges between ₹34 Lakhs to ₹71.1 Lakhs per year for employees with experience between 14 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Finastra.

Experience wise Finastra Principal Software Engineer salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹35 L/yr - ₹59 L/yr
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15+ years (AmbitionBox Estimate)	₹34 L/yr - ₹71.1 L/yr

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Top skills at Finastra for Principal Software Engineer

Spring Java SQL Software Development Methodologies Software Design Communication Skills JSF Drools MVC Framework JBPM Bootstrap Microservices Hibernate JQuery JPA

Salary related reviews for Finastra

4.0

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

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.

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.

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.

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.

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

Dislikes

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

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

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Finastra Principal Software Engineer Salary FAQs

What is the salary of Principal Software Engineer at Finastra?

Principal Software Engineer salary at Finastra in India ranges between ₹34.0 Lakhs to ₹71.1 Lakhs for experience between 14 years to 19 years. According to our estimates it is 77% more than the average Principal Software Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Finastra India.

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

The average salary of a Principal Software Engineer at Finastra is 77% more than the average salary of a Principal Software Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Principal Software Engineer at Finastra?

Spring, Java, SQL, Software Development Methodologies and Software Design are some of the popular skills required to work as a Principal Software Engineer at Finastra India.

Which similar companies are paying more than Finastra to a Principal Software Engineer in India?

Microsoft Corporation Principal Software Engineer Salary - ₹33.1 Lakhs to ₹110.0 Lakhs per year
VMware Software Principal Software Engineer Salary - ₹42.0 Lakhs to ₹80.1 Lakhs per year

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

Visteon Principal Software Engineer Salary - ₹21.0 Lakhs to ₹51.5 Lakhs per year
LTIMindtree Principal Software Engineer Salary - ₹22.0 Lakhs to ₹40.0 Lakhs per year
FIS Principal Software Engineer Salary - ₹18.0 Lakhs to ₹45.0 Lakhs per year
Oracle Cerner Principal Software Engineer Salary - ₹25.1 Lakhs to ₹45.7 Lakhs per year
UKG Principal Software Engineer Salary - ₹21.0 Lakhs to ₹40.6 Lakhs per year

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

The estimated take-home salary of a Principal Software Engineer at Finastra ranges between ₹3,08,380 per month to ₹3,20,474 per month in India. The take-home salary calculation is based on the average Finastra Principal Software Engineer salary in India which ranges between ₹34.0 Lakhs to ₹71.1 Lakhs per year for employees with experience between 14 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Principal Software Engineer at Finastra?

According to AmbitionBox, 100% of the Finastra Principal Software Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Finastra Principal Software Engineer Salaries

Finastra Principal Software Engineer salary in India ranges between ₹34 Lakhs to ₹71.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Finastra latest salaries received from various employees of Finastra.