FirstRand Bank Mainframe Developer Salaries by 6 Employees

5 - 9 years exp.

₹8.8 Lakhs - ₹17 Lakhs

Salary of majority employees

87% more than the average Mainframe Developer Salary in Banking Companies for 5 - 9 years of experience

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Last Updated: 16 Mar 2023

Companies similar to FirstRand Bank for Mainframe Developer

Company name	Avg Annual Salary	Open Jobs
Royal Bank of Scotland International Mainframe Developer Salary 6 - 8 years exp. (3 salaries)	₹14.4 L/yr - ₹18.4 L/yr 24% more
Standard Chartered Mainframe Developer Salary 9 - 13 years exp. (3 salaries)	₹15 L/yr - ₹28 L/yr 55% more
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Deutsche Bank Mainframe Developer Salary 5 - 13 years exp. (3 salaries)	₹12 L/yr - ₹26 L/yr 55% more
TCS Mainframe Developer Salary 1 - 7 years exp. (1.4k salaries)	₹2.3 L/yr - ₹10.9 L/yr 51% less
Cognizant Mainframe Developer Salary 2 - 6 years exp. (533 salaries)	₹2.7 L/yr - ₹12.5 L/yr 44% less	4 job openings

Mainframe Developer salary at FirstRand Bank ranges between ₹8.8 Lakhs to ₹17 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Mainframe Developer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹19.2 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.2 L/yr
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7 years (3 salaries)	₹11 L/yr - ₹13.7 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹17 L/yr

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Top skills at FirstRand Bank for Mainframe Developer

Cobol JCL IMS

Salary related reviews for FirstRand Bank

Technical Lead in Mumbai

Engineering - Software & QA Department

5.0

• posted on 04 Aug 2022

5.0

for Salary and Benefits

Likes

...work on some cutting edge technologies where my product was built from scratch . Really love the management , the monetary benefits including the CTC and bonus is very satisfactory . First Rand has the policy to take every employee out for a fully paid foreign trip

Salary - Excellent

+6 more

Dislikes

Nothing to dislike about this company

Business And Production Support Analyst in Ghansoli Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...s on business / markets and technology. Your efforts will always be appreciated. Good appraisals and bonus on yearly basis.

Salary - Excellent

+6 more

Dislikes

Nothing major. Its just your role is very specific and limited on what you work.

CRM Executive

BFSI, Investments & Trading Department

3.0

• posted on 21 Feb 2018

2.0

for Salary and Benefits

Likes

Training is grate but their work time not fix and salary credited to proper date and gvn to compensation to all exicative proper time but workenvironment not proper comfirtable in completed during work

Skill development - Good

Dislikes

Salary - Poor
Job security - Poor

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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FirstRand Bank Mainframe Developer Salary FAQs

What is the salary of Mainframe Developer at FirstRand Bank ?

The average salary of a Mainframe Developer at FirstRand Bank in India typically ranges from ₹8.8 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Mainframe Developer at FirstRand Bank earn more than ₹16.7 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Mainframe Developer Salaries at FirstRand Bank 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 6 FirstRand Bank employees in India.

What is the estimated take home salary of a Mainframe Developer at FirstRand Bank in India?

The estimated take-home salary of a Mainframe Developer at FirstRand Bank in India typically ranges from ₹91,026 to ₹93,421 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 6 salaries received from various employees of FirstRand Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Mainframe Developer at FirstRand Bank ?

To be a Mainframe Developer at FirstRand Bank in india, the key skills required include:

- Cobol
- JCL
- IMS

These skills are highly valued at FirstRand Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than FirstRand Bank for Mainframe Developer in India?

Standard Chartered	₹15.0 Lakhs to ₹28.0 Lakhs per year
Deutsche Bank	₹12.0 Lakhs to ₹26.0 Lakhs per year
Royal Bank of Scotland International	₹14.4 Lakhs to ₹18.4 Lakhs per year

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

What is the salary of a Mainframe Developer in companies similar to FirstRand Bank in India?

The salary of a Mainframe Developer at companies similar to FirstRand Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant	₹2.7 Lakhs to ₹12.5 Lakhs per year
TCS	₹2.3 Lakhs to ₹10.9 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 Mainframe Developer at FirstRand Bank in India?

The salary growth for a Mainframe Developer at FirstRand Bank depends on factors such as experience, performance, and promotions. On average, a Mainframe Developer can expect the following growth trajectory at FirstRand Bank:

Experience	Average Salary Range
5 years	₹8.8 Lakhs to ₹19.2 Lakhs per year
6 years	₹11.0 Lakhs to ₹21.2 Lakhs per year
7 years	₹11.0 Lakhs to ₹13.7 Lakhs per year
8 years	₹12.6 Lakhs to ₹16.1 Lakhs per year

and so on.

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FirstRand Bank Mainframe Developer Salaries

FirstRand Bank Mainframe Developer salary in India ranges between ₹8.8 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 FirstRand Bank latest salaries received from various employees of FirstRand Bank.