FirstRand Bank Mumbai Software Engineer Salaries by 5 Employees (Updated 2025)

7 - 10 years exp.

₹25 Lakhs - ₹40.5 Lakhs

Salary of majority employees

330% more than the average Software Engineer Salary in Banking Companies for 7 - 10 years of experience

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Last Updated: 8 Nov 2024

Companies similar to FirstRand Bank for Software Engineer in Mumbai

FirstRand Bank Software Engineer Salary

7 - 10 years exp. (5 salaries)

₹25 L/yr - ₹40.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 1 - 7 years exp. (53 salaries)	₹3.7 L/yr - ₹12 L/yr 74% less
ICICI Bank Software Engineer Salary 2 - 4 years exp. (7 salaries)	₹7.1 L/yr - ₹8.9 L/yr 75% less
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Axis Bank Software Engineer Salary 0 - 5 years exp. (21 salaries)	₹3 L/yr - ₹10 L/yr 80% less
State Bank of India Software Engineer Salary 2 - 5 years exp. (3 salaries)	₹6 L/yr - ₹8.9 L/yr 74% less
Kotak Mahindra Bank Software Engineer Salary 3 - 6 years exp. (10 salaries)	₹4.6 L/yr - ₹18.7 L/yr 67% less
IndusInd Bank Software Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹7.6 L/yr 83% less
Yes Bank Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹7 L/yr 84% less
IDFC FIRST Bank Software Engineer Salary 1 - 5 years exp. (11 salaries)	₹3.8 L/yr - ₹11.8 L/yr 73% less
RBL Bank Software Engineer Salary 0 - 4 years exp. (25 salaries)	₹4.5 L/yr - ₹13 L/yr 68% less	2 job openings
New India Co-Op Bank Software Engineer Salary 1 - 5 years exp. (14 salaries)	₹2.2 L/yr - ₹5.8 L/yr 86% less
Deutsche Bank Software Engineer Salary 2 - 6 years exp. (3 salaries)	₹9 L/yr - ₹19.1 L/yr 48% less
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Software Engineer salary at FirstRand Bank ranges between ₹25 Lakhs to ₹40.5 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.

Experience wise FirstRand Bank Software Engineer salaries in Mumbai

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹27.9 L/yr - ₹35.6 L/yr
8 years (AmbitionBox Estimate)	₹27.7 L/yr - ₹35.4 L/yr
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9 years (AmbitionBox Estimate)	₹36.5 L/yr - ₹46.6 L/yr
10 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr

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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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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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FirstRand Bank Software Engineer Salary FAQs

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

Software Engineer salary at FirstRand Bank in Mumbai ranges between ₹25.0 Lakhs to ₹40.5 Lakhs for experience between 7 years to 10 years. According to our estimates it is 330% more than the average Software Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of FirstRand Bank Mumbai.

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

The average salary of a Software Engineer at FirstRand Bank is 330% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.

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

Deutsche Bank Software Engineer Salary - ₹9.0 Lakhs to ₹19.1 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹4.6 Lakhs to ₹18.7 Lakhs per year
RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank Software Engineer Salary - ₹3.8 Lakhs to ₹11.8 Lakhs per year
HDFC Bank Software Engineer Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer at FirstRand Bank ranges between ₹1,98,931 per month to ₹2,06,789 per month in Mumbai. The take-home salary calculation is based on the average FirstRand Bank Software Engineer salary in India which ranges between ₹25.0 Lakhs to ₹40.5 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at FirstRand Bank in Mumbai?

According to AmbitionBox, 50% of the FirstRand Bank Software Engineers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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FirstRand Bank Software Engineer Salaries in Mumbai

FirstRand Bank Software Engineer salary in Mumbai ranges between ₹25 Lakhs to ₹40.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 FirstRand Bank latest salaries received from various employees of FirstRand Bank.