FirstRand Bank Software Development Engineer II Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹27.5 Lakhs - ₹35.1 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 18 Jan 2025

Companies similar to FirstRand Bank for Software Development Engineer II

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Software Development Engineer II salary at FirstRand Bank ranges between ₹27.5 Lakhs to ₹35.1 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of FirstRand Bank.

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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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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FirstRand Bank Software Development Engineer II Salary FAQs

How the salary growth look like for a Software Development Engineer II at FirstRand Bank in India?

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

Experience	Average Salary Range
5 years	₹25.2 Lakhs to ₹32.2 Lakhs per year
6 years	₹29.7 Lakhs to ₹37.9 Lakhs per year

and so on.

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FirstRand Bank Software Development Engineer II Salaries

FirstRand Bank Software Development Engineer II salary in India ranges between ₹27.5 Lakhs to ₹35.1 Lakhs. This is an estimate based on latest salaries received from employees of FirstRand Bank.