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FirstRand Bank Software Engineer salaries in India

Annual salary range
7 - 10 years exp.
₹25 Lakhs - ₹36.5 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.
Avg. annual salary
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Monthly In-hand Salary

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262% more than the average Software Engineer Salary in Banking Companies for 7 - 10 years of experience

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Last Updated: 23 Apr 2024

Companies similar to FirstRand Bank for Software Engineer

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

0 - 7 years exp. (142 salaries)

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₹6 L/yr - ₹26 L/yr

arrow icon 52% less
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Deutsche Bank Software Engineer Salary

0 - 6 years exp. (133 salaries)

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₹9 L/yr - ₹32 L/yr

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₹3.8 L/yr - ₹15.8 L/yr

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₹8.1 L/yr - ₹19.2 L/yr

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Emirates NBD Software Engineer Salary

6 - 11 years exp. (23 salaries)

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₹17.7 L/yr - ₹65 L/yr

arrow icon 40% more
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New India Co-Op Bank Software Engineer Salary

1 - 4 years exp. (14 salaries)

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₹2.2 L/yr - ₹5.8 L/yr

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Gruppo Banca Sella Software Engineer Salary

3 - 5 years exp. (9 salaries)

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₹4.8 L/yr - ₹9.9 L/yr

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Mashreq Bank Software Engineer Salary

0 - 4 years exp. (8 salaries)

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₹3.2 L/yr - ₹8.4 L/yr

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Bank Muscat Software Engineer Salary

2 - 10 years exp. (6 salaries)

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₹2.3 L/yr - ₹21.3 L/yr

arrow icon 61% less
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Maybank Software Engineer Salary

0 - 8 years exp. (5 salaries)

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₹5.5 L/yr - ₹18 L/yr

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₹16.1 L/yr - ₹20 L/yr

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Software Engineer salary at FirstRand Bank ranges between ₹25 Lakhs to ₹36.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank.

Latest annual salaries shared by FirstRand Bank Software Engineer

10mo ago
₹36.5 Lakhs
8 years exp.
1y ago
₹25 Lakhs
8 years exp.
1y ago
₹31 Lakhs
7 years exp.

Experience wise FirstRand Bank Software Engineer salaries

Last Updated: 23 Apr 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹31 L/yr - ₹55.9 L/yr
8 years (AmbitionBox Estimate)

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₹25 L/yr - ₹36.5 L/yr
9 years (AmbitionBox Estimate)

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₹27.3 L/yr - ₹34.9 L/yr
10 years (AmbitionBox Estimate)

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₹30 L/yr - ₹54.1 L/yr

Similar Designation salaries in FirstRand Bank

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
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₹7.5 L/yr - ₹18 L/yr
Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹22.3 L/yr - ₹28.5 L/yr
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
Team Lead Salary
(4 salaries)
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₹30 L/yr - ₹41.82 L/yr
Senior Software Developer Salary
(AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr
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₹19 L/yr - ₹40 L/yr

Salary related reviews for FirstRand Bank

4.0

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 Engineer Salary FAQs

What is the salary of Software Engineer at FirstRand Bank ?
The average salary of a Software Engineer at FirstRand Bank in India typically ranges from ₹25.0 Lakhs to ₹36.5 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Software Engineer at FirstRand Bank earn more than ₹36.5 Lakhs per year, and the top 1% earn over ₹36.5 Lakhs per year. Software Engineer 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 Engineer at FirstRand Bank in India?
The estimated take-home salary of a Software Engineer at FirstRand Bank in India typically ranges from ₹1,87,912 to ₹1,95,272 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹36.5 Lakhs per year for employees with experience ranging from 7 years to 10 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 Engineer in India?
Emirates NBD ₹17.7 Lakhs to ₹65.0 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 Engineer in companies similar to FirstRand Bank in India?
The salary of a Software Engineer at companies similar to FirstRand Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

First Abu Dhabi Bank ₹16.1 Lakhs to ₹20.0 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹32.0 Lakhs per year
Royal Bank of Scotland International ₹8.1 Lakhs to ₹19.2 Lakhs per year
Standard Chartered ₹6.0 Lakhs to ₹26.0 Lakhs per year
Maybank ₹5.5 Lakhs to ₹18.0 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 Engineer at FirstRand Bank in India?
The salary growth for a Software Engineer at FirstRand Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at FirstRand Bank:

Experience Average Salary Range
7 years ₹31.0 Lakhs to ₹55.9 Lakhs per year
8 years ₹25.0 Lakhs to ₹36.5 Lakhs per year
9 years ₹27.3 Lakhs to ₹34.9 Lakhs per year
10 years ₹30.0 Lakhs to ₹54.1 Lakhs per year
and so on.

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FirstRand Bank Software Engineer salary in India ranges between ₹25 Lakhs to ₹36.5 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.