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Finastra Senior Development Manager salaries in India (Updated 2025)

Annual salary range
12 - 20 years exp.
₹35.3 Lakhs - ₹59 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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33% more than the average Senior Development Manager Salary in Software Product Companies for 12 - 20 years of experience

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Last Updated: 20 Mar 2025

Companies similar to Finastra for Senior Development Manager

Company name Avg Annual Salary Open Jobs
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Amadeus Senior Development Manager Salary

14 - 20 years exp. (18 salaries)

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₹42 L/yr - ₹70 L/yr

arrow icon 49% more
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SAP Senior Development Manager Salary

18 - 22 years exp. (10 salaries)

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₹51 L/yr - ₹1.2 Cr/yr

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UKG Senior Development Manager Salary

15 - 22 years exp. (9 salaries)

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₹47.1 L/yr - ₹68 L/yr

arrow icon 33% more
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Oracle Cerner Senior Development Manager Salary

15 - 19 years exp. (4 salaries)

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₹42 L/yr - ₹70 L/yr

arrow icon 40% more
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ServiceNow Senior Development Manager Salary

16 - 18 years exp. (3 salaries)

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₹50 L/yr - ₹80 L/yr

arrow icon 70% more
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₹27.5 L/yr - ₹32.3 L/yr

arrow icon 24% less
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₹40.4 L/yr - ₹64.5 L/yr

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₹51 L/yr - ₹1 Cr/yr

arrow icon 107% more
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₹28 L/yr - ₹60 L/yr

arrow icon 12% more
Senior Development Manager salary at Finastra ranges between ₹35.3 Lakhs to ₹59 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Finastra.

Latest annual salaries shared by Finastra Senior Development Manager

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15 years exp.
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14 years exp.
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12 years exp.
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16 years exp.

Experience wise Finastra Senior Development Manager salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹15.3 L/yr - ₹39 L/yr
13 years (AmbitionBox Estimate)

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₹35 L/yr - ₹44.7 L/yr
14 years (AmbitionBox Estimate)

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₹35.3 L/yr - ₹70.9 L/yr
15+ years  (5 salaries)

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₹35.3 L/yr - ₹59 L/yr

Similar Designation salaries in Finastra

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₹17 L/yr - ₹35 L/yr
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₹11.2 L/yr - ₹36 L/yr
Senior Engineering Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
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₹29 L/yr - ₹43 L/yr
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₹28 L/yr - ₹42 L/yr
Project Manager Salary
(11 salaries)
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₹7.1 L/yr - ₹24 L/yr
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₹23 L/yr - ₹27.3 L/yr
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₹12 L/yr - ₹36.5 L/yr
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₹8.98 L/yr - ₹30 L/yr
Product Manager Salary
(13 salaries)
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₹14.07 L/yr - ₹50 L/yr

Top skills at Finastra for Senior Development Manager

Technical Management Recruitment Computer science Management Interpersonal Skills bfsi Project Planning Team Management Technical Management Development Management Quality Management Process Improvement SDLC Recruitment Development Management

Salary related reviews for Finastra

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

read more
  • 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.

read more
  • Job security - Bad

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.

read more
  • Salary - Good
  • +3 more

Dislikes

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

read more

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.

read more

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.

read more
  • Salary - Poor
  • +2 more

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

read more
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Finastra Senior Development Manager Salary FAQs

What is the salary of Senior Development Manager at Finastra ?
The average salary of a Senior Development Manager at Finastra in India typically ranges from ₹35.3 Lakhs to ₹59.0 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of Senior Development Manager at Finastra earn more than ₹56.2 Lakhs per year, and the top 1% earn over ₹59.0 Lakhs per year. Senior Development Manager 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 7 Finastra employees in India.
What is the estimated take home salary of a Senior Development Manager at Finastra in India?
The estimated take-home salary of a Senior Development Manager at Finastra in India typically ranges from ₹2,40,862 to ₹2,50,616 per month. This is based on the average salary range of ₹35.3 Lakhs to ₹59.0 Lakhs per year for employees with experience ranging from 12 years to 20 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 7 salaries received from various employees of Finastra. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Development Manager at Finastra ?
To be a Senior Development Manager at Finastra in india, the key skills required include:

  • - Technical Management
  • - Recruitment
  • - Computer science
  • - Management
  • - Interpersonal Skills

These skills are highly valued at Finastra and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Finastra for Senior Development Manager in India?
VMware Software ₹51.0 Lakhs to ₹100.0 Lakhs per year
SAP ₹51.0 Lakhs to ₹115.0 Lakhs per year
ServiceNow ₹50.0 Lakhs to ₹80.0 Lakhs per year
Amadeus ₹42.0 Lakhs to ₹70.0 Lakhs per year
Oracle Cerner ₹42.0 Lakhs to ₹70.0 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 Senior Development Manager in companies similar to Finastra in India?
The salary of a Senior Development Manager at companies similar to Finastra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Thomson Reuters ₹40.4 Lakhs to ₹64.5 Lakhs per year
UKG ₹47.1 Lakhs to ₹68.0 Lakhs per year
Microsoft Corporation ₹28.0 Lakhs to ₹60.0 Lakhs per year
Dassault Systemes ₹27.5 Lakhs to ₹32.3 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 Senior Development Manager at Finastra in India?
The salary growth for a Senior Development Manager at Finastra depends on factors such as experience, performance, and promotions. On average, a Senior Development Manager can expect the following growth trajectory at Finastra:

Experience Average Salary Range
12 years ₹15.3 Lakhs to ₹39.0 Lakhs per year
13 years ₹35.0 Lakhs to ₹44.7 Lakhs per year
14 years ₹35.3 Lakhs to ₹70.9 Lakhs per year
15 years ₹35.3 Lakhs to ₹59.0 Lakhs per year
and so on.

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Finastra Senior Development Manager salary in India ranges between ₹35.3 Lakhs to ₹59 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Finastra latest salaries received from various employees of Finastra.