Finastra Software Development Engineer Salaries by 6 Employees (Updated 2024)

2 - 3 years exp.

₹5.7 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Software Development Engineer Salary in Software Product Companies for 2 - 3 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Finastra for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Temenos Software Development Engineer Salary 1 - 5 years exp. (121 salaries)	₹6.2 L/yr - ₹12.8 L/yr 30% more
FIS Software Development Engineer Salary 1 - 7 years exp. (32 salaries)	₹5 L/yr - ₹18.3 L/yr 73% more
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Nucleus Software Exports Software Development Engineer Salary 1 - 3 years exp. (7 salaries)	₹4.5 L/yr - ₹6.5 L/yr 27% less
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Oracle Financial Services Software Software Development Engineer Salary 3 - 5 years exp. (4 salaries)	₹11.1 L/yr - ₹21 L/yr 127% more
Mphasis Software Development Engineer Salary 1 - 7 years exp. (59 salaries)	₹3.3 L/yr - ₹13 L/yr 4% more
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Microsoft Corporation Software Development Engineer Salary 0 - 7 years exp. (131 salaries)	₹13.6 L/yr - ₹53.8 L/yr 347% more
Adobe Software Development Engineer Salary 1 - 10 years exp. (77 salaries)	₹14 L/yr - ₹48.8 L/yr 293% more	6 job openings
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Dassault Systemes Software Development Engineer Salary 1 - 5 years exp. (62 salaries)	₹6.9 L/yr - ₹18 L/yr 60% more
SAP Software Development Engineer Salary 0 - 8 years exp. (27 salaries)	₹10 L/yr - ₹35 L/yr 191% more
Thomson Reuters Software Development Engineer Salary 2 - 6 years exp. (22 salaries)	₹8 L/yr - ₹14.5 L/yr 42% more
Zoho Software Development Engineer Salary 0 - 6 years exp. (18 salaries)	₹5.5 L/yr - ₹22.1 L/yr 80% more
Bosch Global Software Technologies Software Development Engineer Salary 1 - 4 years exp. (12 salaries)	₹5.6 L/yr - ₹11 L/yr 5% more
Chetu Software Development Engineer Salary 1 - 3 years exp. (10 salaries)	₹3.4 L/yr - ₹10 L/yr 19% less
Oracle Cerner Software Development Engineer Salary 0 - 4 years exp. (10 salaries)	₹6.1 L/yr - ₹10 L/yr 9% more
ServiceNow Software Development Engineer Salary 1 - 7 years exp. (8 salaries)	₹19 L/yr - ₹37 L/yr 257% more
Infor Global Solution Software Development Engineer Salary 3 - 6 years exp. (9 salaries)	₹8 L/yr - ₹15.5 L/yr 68% more

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Software Development Engineer salary at Finastra ranges between ₹5.7 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Finastra.

Experience wise Finastra Software Development Engineer salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.1 L/yr
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3 years (4 salaries)	₹5.7 L/yr - ₹9 L/yr

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Salary related reviews for Finastra

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

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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 Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at Finastra?

Software Development Engineer salary at Finastra in India ranges between ₹5.7 Lakhs to ₹9.0 Lakhs for experience between 2 years to 3 years. According to our estimates it is 50% less than the average Software Development Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Finastra India.

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

The average salary of a Software Development Engineer at Finastra is 50% less than the average salary of a Software Development Engineer in India. To know exact salary insights, login to view.

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

Microsoft Corporation Software Development Engineer Salary - ₹13.6 Lakhs to ₹53.8 Lakhs per year
Adobe Software Development Engineer Salary - ₹14.0 Lakhs to ₹48.8 Lakhs per year
ServiceNow Software Development Engineer Salary - ₹19.0 Lakhs to ₹37.0 Lakhs per year
VMware Software Software Development Engineer Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
SAP Software Development Engineer Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year

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

Oracle Financial Services Software Software Development Engineer Salary - ₹11.1 Lakhs to ₹21.0 Lakhs per year
Globant Software Development Engineer Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
Zoho Software Development Engineer Salary - ₹5.5 Lakhs to ₹22.1 Lakhs per year
FIS Software Development Engineer Salary - ₹5.0 Lakhs to ₹18.3 Lakhs per year
Infor Global Solution Software Development Engineer Salary - ₹8.0 Lakhs to ₹15.5 Lakhs per year

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

The estimated take-home salary of a Software Development Engineer at Finastra ranges between ₹53,274 per month to ₹54,601 per month in India. The take-home salary calculation is based on the average Finastra Software Development Engineer salary in India which ranges between ₹5.7 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

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Finastra Software Development Engineer Salaries

Finastra Software Development Engineer salary in India ranges between ₹5.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Finastra latest salaries received from various employees of Finastra.

Finastra Software Development Engineer salaries in India

Companies similar to Finastra for Software Development Engineer

Latest annual salaries shared by Finastra Software Development Engineer

Experience wise Finastra Software Development Engineer salaries

Similar Designation salaries in Finastra

Salary related reviews for Finastra

Software Engineer in Thiruvananthapuram

Software Engineer in Pune

Software Engineer in Bangalore / Bengaluru

Software Engineer in Bangalore / Bengaluru

Expert Software Engineer in Pune

Finastra Software Development Engineer Salary FAQs

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