FirstRand Bank Mumbai Software Developer Salaries by 6 Employees (Updated 2025)

5 - 7 years exp.

₹7.5 Lakhs - ₹18 Lakhs

Salary of majority employees

53% more than the average Software Developer Salary in Banking Companies for 5 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to FirstRand Bank for Software Developer in Mumbai

FirstRand Bank Software Developer Salary

5 - 7 years exp. (6 salaries)

₹7.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer Salary 1 - 9 years exp. (95 salaries)	₹4 L/yr - ₹16 L/yr 25% less
ICICI Bank Software Developer Salary 1 - 10 years exp. (11 salaries)	₹8.9 L/yr - ₹9.5 L/yr 27% less
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Axis Bank Software Developer Salary 0 - 5 years exp. (24 salaries)	₹3.7 L/yr - ₹12.5 L/yr 27% less
State Bank of India Software Developer Salary 3 - 7 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr 12% less
Kotak Mahindra Bank Software Developer Salary 1 - 6 years exp. (11 salaries)	₹8.6 L/yr - ₹22 L/yr 17% more
IndusInd Bank Software Developer Salary 0 - 8 years exp. (8 salaries)	₹6 L/yr - ₹12 L/yr 25% less
IDFC FIRST Bank Software Developer Salary 1 - 6 years exp. (21 salaries)	₹5.5 L/yr - ₹19.8 L/yr 5% less
RBL Bank Software Developer Salary 2 - 7 years exp. (9 salaries)	₹3.8 L/yr - ₹12 L/yr 35% less
New India Co-Op Bank Software Developer Salary 3 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹5.5 L/yr 61% less

Software Developer salary at FirstRand Bank ranges between ₹7.5 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of FirstRand Bank.

Experience wise FirstRand Bank Software Developer salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹7.5 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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7 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in FirstRand Bank

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Senior Software Engineer Salary

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Software Engineer Salary

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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

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.

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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FirstRand Bank Software Developer Salary FAQs

What is the salary of Software Developer at FirstRand Bank Mumbai?

Software Developer salary at FirstRand Bank in Mumbai ranges between ₹7.5 Lakhs to ₹18.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 53% more than the average Software Developer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of FirstRand Bank Mumbai.

How does the salary of a Software Developer at FirstRand Bank Mumbai compare with the average salary range for this job?

The average salary of a Software Developer at FirstRand Bank is 53% more than the average salary of a Software Developer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than FirstRand Bank to a Software Developer in Mumbai?

Kotak Mahindra Bank Software Developer Salary - ₹8.6 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Software Developer in companies similar to FirstRand Bank in Mumbai?

IDFC FIRST Bank Software Developer Salary - ₹5.5 Lakhs to ₹19.8 Lakhs per year
State Bank of India Software Developer Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Software Developer Salary - ₹4.0 Lakhs to ₹16.0 Lakhs per year
IndusInd Bank Software Developer Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank Software Developer Salary - ₹3.7 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Software Developer at FirstRand Bank in Mumbai?

The estimated take-home salary of a Software Developer at FirstRand Bank ranges between ₹89,611 per month to ₹91,965 per month in Mumbai. The take-home salary calculation is based on the average FirstRand Bank Software Developer salary in India which ranges between ₹7.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

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FirstRand Bank Software Developer Salaries in Mumbai

FirstRand Bank Software Developer salary in Mumbai ranges between ₹7.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 FirstRand Bank latest salaries received from various employees of FirstRand Bank.

FirstRand Bank Software Developer salaries in Mumbai

Companies similar to FirstRand Bank for Software Developer in Mumbai

Latest annual salaries shared by FirstRand Bank Software Developer in Mumbai

Experience wise FirstRand Bank Software Developer salaries in Mumbai

Similar Designation salaries in FirstRand Bank

Salary related reviews for FirstRand Bank

Technical Lead in Mumbai

Business And Production Support Analyst in Ghansoli Mumbai

CRM Executive

FirstRand Bank Software Developer Salary FAQs

Tell us how to improve this page.