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FirstRand Bank Software Developer salaries in India

Annual salary range
5 - 8 years exp.
₹7.5 Lakhs - ₹18 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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57% more than the average Software Developer Salary in Banking Companies for 5 - 8 years of experience

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Last Updated: 15 Mar 2023

Companies similar to FirstRand Bank for Software Developer

Company name Avg Annual Salary Open Jobs
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Standard Chartered Software Developer Salary

1 - 10 years exp. (194 salaries)

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₹15.9 L/yr - ₹24.8 L/yr

arrow icon 22% more
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Deutsche Bank Software Developer Salary

0 - 4 years exp. (99 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 34% more
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₹9 L/yr - ₹25 L/yr

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₹4.5 L/yr - ₹12.4 L/yr

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Gruppo Banca Sella Software Developer Salary

3 - 8 years exp. (14 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 39% less
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Maybank Software Developer Salary

1 - 5 years exp. (7 salaries)

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₹10.3 L/yr - ₹22 L/yr

arrow icon 36% more
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Mashreq Bank Software Developer Salary

1 - 9 years exp. (4 salaries)

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₹3.8 L/yr - ₹22 L/yr

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₹4.1 L/yr - ₹5.5 L/yr

arrow icon 64% less
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Bank Muscat Software Developer Salary

0 - 6 years exp. (4 salaries)

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₹4.5 L/yr - ₹20 L/yr

arrow icon 20% less
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Emirates NBD Software Developer Salary

8 - 12 years exp. (3 salaries)

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₹42 L/yr - ₹60 L/yr

arrow icon 269% more
Software Developer salary at FirstRand Bank ranges between ₹7.5 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Software Developer salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12.4 L/yr
7 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)

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₹16 L/yr - ₹32.4 L/yr

Similar Designation salaries in FirstRand Bank

Senior Developer Salary
(AmbitionBox Estimate)
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₹27.7 L/yr - ₹35.4 L/yr
Java Developer Salary
(36 salaries)
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₹11.13 L/yr - ₹30 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr
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₹25 L/yr - ₹36.5 L/yr
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₹23 L/yr - ₹50 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹12.4 L/yr - ₹15.9 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
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₹17.1 L/yr - ₹33 L/yr
Team Lead Salary
(4 salaries)
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₹30 L/yr - ₹41.82 L/yr
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₹19 L/yr - ₹40 L/yr

Salary related reviews for FirstRand Bank

3.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing to dislike about this company

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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

read more
  • Skill development - Good

Dislikes

  • Salary - Poor
  • Job security - Poor
  • +4 more
see more salary related reviews

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FirstRand Bank Software Developer Salary FAQs

What is the salary of Software Developer at FirstRand Bank ?
The average salary of a Software Developer at FirstRand Bank in India typically ranges from ₹7.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Software Developer at FirstRand Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Software 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 5 FirstRand Bank employees in India.
What is the estimated take home salary of a Software Developer at FirstRand Bank in India?
The estimated take-home salary of a Software Developer at FirstRand Bank in India typically ranges from ₹92,882 to ₹95,374 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 5 salaries received from various employees of FirstRand Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than FirstRand Bank for Software Developer in India?
Emirates NBD ₹42.0 Lakhs to ₹60.0 Lakhs per year
Maybank ₹10.3 Lakhs to ₹22.0 Lakhs per year
Royal Bank of Scotland International ₹9.0 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹25.0 Lakhs per year
Standard Chartered ₹15.9 Lakhs to ₹24.8 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 Software Developer in companies similar to FirstRand Bank in India?
The salary of a Software Developer at companies similar to FirstRand Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mashreq Bank ₹3.8 Lakhs to ₹22.0 Lakhs per year
Bank Muscat ₹4.5 Lakhs to ₹20.0 Lakhs per year
Gruppo Banca Sella ₹6.0 Lakhs to ₹12.0 Lakhs per year
AU Small Finance Bank ₹4.5 Lakhs to ₹12.4 Lakhs per year
New India Co-Op Bank ₹4.1 Lakhs to ₹5.5 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 Software Developer at FirstRand Bank in India?
The salary growth for a Software Developer at FirstRand Bank depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at FirstRand Bank:

Experience Average Salary Range
5 years ₹7.5 Lakhs to ₹10.0 Lakhs per year
6 years ₹4.6 Lakhs to ₹12.4 Lakhs per year
7 years ₹5.9 Lakhs to ₹18.0 Lakhs per year
8 years ₹16.0 Lakhs to ₹32.4 Lakhs per year
and so on.

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FirstRand Bank Software Developer salary in India ranges between ₹7.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 FirstRand Bank latest salaries received from various employees of FirstRand Bank.