FirstRand Services Software Engineer Salaries by 4 Employees (Updated 2025)

3 - 9 years exp.

₹6.5 Lakhs - ₹26 Lakhs

Salary of majority employees

75% more than the average Software Engineer Salary for 3 - 9 years of experience

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Last Updated: 22 Feb 2025

Companies similar to FirstRand Services for Software Engineer

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Software Engineer salary at FirstRand Services ranges between ₹6.5 Lakhs to ₹26 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of FirstRand Services.

Experience wise FirstRand Services Software Engineer salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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5 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
9 years (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr

Similar Designation salaries in FirstRand Services

System Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Senior Software Engineer Salary

(4 salaries)

₹21.15 L/yr - ₹28 L/yr

Software Developer Salary

(3 salaries)

₹15 L/yr - ₹26 L/yr

Java Developer Salary

(17 salaries)

₹10.7 L/yr - ₹32.22 L/yr

Team Lead Salary

(4 salaries)

₹22 L/yr - ₹33.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Programmer Analyst Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹23.6 L/yr - ₹30.1 L/yr

Technical Lead Salary

(6 salaries)

₹27 L/yr - ₹32 L/yr

Salary related reviews for FirstRand Services

Automation Test Engineer in Navi Mumbai

Engineering - Software & QA Department

3.0

• posted on 13 Jan 2022

5.0

for Salary and Benefits

Likes

Company has employee friendly culture and offers competitive pay as per market standards. Work life balance is decent and varies between project to project. It follows flat hierarchy so its easy to approach leadership

Salary - Excellent

+2 more

Dislikes

This is purely service based organisation providing resources to FNB and RMB banks in south africa. So you will be working as an contractor for client and would need to follow everything as lter them like holidays, appraisal, shifts etc. Management cares more about its business than employee benefits. Flat hierarchy means Little opportunities in vertical growth.

Skill development - Bad

+2 more

Specialist, Human Resources in Navi Mumbai

Human Resources Department

2.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

The exposure to work with Soth Africa teams is good learning experience. As a fresher or executive level member, the company can be a launchpad, but only if you are on the business side.

Dislikes

... has little to no importance. There is also conflict of interest in the HR Team. The HR HEAD owns their own recruitment consultancy and it is evident that all the higher compensation roles are hired through that consultancy alone. Policies is another issue where compliance as per law is rarely followed. Example, the organisation does not give leaves on public holidays of 26th January, 15th August and 2nd October. These are given as Work from home, and the employees are not compensated as per law. Secondly, female employees are indirectly made to work late hours beyond those mandated by law, without providing company transport facility and male colleague escorts. Last and definitely not the least, the employees are treated without respect and with utter disregard to their physical and mental health.

Skill development - Bad

+5 more

Data Engineer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Dec 2024

1.0

for Salary and Benefits

Likes

International trip but it comes with 6 months bond

Dislikes

Work culture Company policies Management Promotion There is bond for everything No job security as everybody works on contract basis Do not have vision.

Salary - Bad

+5 more

BI Developer in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 19 Sep 2023

5.0

for Salary and Benefits

Likes

FRSPL Is one of the best organization in India. I have been working here for the past 2.5 years and I have learned new technologies because of SA manager who has always supported everything. We have developed projects from Scratch and he consistently appreciate our work. Benifits- Annual International trip Yearly performance Bonus Health insurance Other allowances like telephone,fuel and travel

Salary - Excellent

+6 more

Senior Financial Crime Compliance Manager in Mumbai

Full Time

Other Department

5.0

• posted on 21 Feb 2025

5.0

for Salary and Benefits

Likes

Work life balance, CEO has a positive and growth oriented approach towards his employees. Every department has experts and project manager assigned to review performance and address issues with the client.

Salary - Excellent

+6 more

Dislikes

No dislikes.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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FirstRand Services Software Engineer Salary FAQs

What is the salary of Software Engineer at FirstRand Services ?

The average salary of a Software Engineer at FirstRand Services in India typically ranges from ₹6.5 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Software Engineer at FirstRand Services earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Software Engineer Salaries at FirstRand Services 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 4 FirstRand Services employees in India.

What is the estimated take home salary of a Software Engineer at FirstRand Services in India?

The estimated take-home salary of a Software Engineer at FirstRand Services in India typically ranges from ₹1,01,984 to ₹1,04,769 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 4 salaries received from various employees of FirstRand Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than FirstRand Services for Software Engineer in India?

Amazon	₹12.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹10.5 Lakhs to ₹35.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by FirstRand Services, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to FirstRand Services in India?

The salary of a Software Engineer at companies similar to FirstRand Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹10.7 Lakhs to ₹20.9 Lakhs per year
IBM	₹5.5 Lakhs to ₹22.3 Lakhs per year
PwC	₹4.3 Lakhs to ₹17.0 Lakhs per year
Jio	₹4.0 Lakhs to ₹16.0 Lakhs per year
Deloitte	₹4.0 Lakhs to ₹17.0 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 Services in India?

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

Experience	Average Salary Range
3 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
5 years	₹17.9 Lakhs to ₹22.9 Lakhs per year
9 years	₹23.4 Lakhs to ₹29.9 Lakhs per year

and so on.

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FirstRand Services Software Engineer Salaries

FirstRand Services Software Engineer salary in India ranges between ₹6.5 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 FirstRand Services latest salaries received from various employees of FirstRand Services.