HDB Financial Services Mumbai Software Developer Salaries by 4 Employees

1 - 4 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

50% less than the average Software Developer Salary in NBFC Companies for 1 - 4 years of experience

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Last Updated: 30 Oct 2023

Companies similar to HDB Financial Services for Software Developer in Mumbai

HDB Financial Services Software Developer Salary

1 - 4 years exp. (4 salaries)

₹2 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Software Developer Salary 0 - 4 years exp. (31 salaries)	₹3 L/yr - ₹12 L/yr 51% more
Mahindra Finance Software Developer Salary 1 - 6 years exp. (13 salaries)	₹2.9 L/yr - ₹12 L/yr 49% more
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BA Continuum Software Developer Salary 1 - 8 years exp. (6 salaries)	₹9.2 L/yr - ₹19 L/yr 204% more
L&T Finance Software Developer Salary 1 - 5 years exp. (6 salaries)	₹6.9 L/yr - ₹12 L/yr 149% more
Aditya Birla Finance Software Developer Salary 0 - 3 years exp. (5 salaries)	₹6 L/yr - ₹15.3 L/yr 153% more
SMFG India Credit Software Developer Salary 2 - 5 years exp. (4 salaries)	₹7.3 L/yr - ₹11.1 L/yr 73% more

Software Developer salary at HDB Financial Services ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Software Developer salaries in Mumbai

Last Updated: 30 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr

Similar Designation salaries in HDB Financial Services

Application Developer Salary

(26 salaries)

₹2.5 L/yr - ₹8 L/yr

System Engineer Salary

(4 salaries)

₹3.9 L/yr - ₹4.7 L/yr

Software Engineer Salary

(3 salaries)

₹2 L/yr - ₹5.98 L/yr

Salary related reviews for HDB Financial Services

Team Lead in Chennai

Full Time

Other Department

1.0

• posted on 03 Nov 2024

1.0

for Salary and Benefits

Likes

Work environment is good

Company culture - Good

Dislikes

There Caller should wait 5 to 6 yrs to get the promotion.salary package is very poor compared with market price.for TLs will never get promotion even work for a decades .4 Managers work there they think they are the center of the universe don't allow TLS to stand up for their decision. Worst management follows only the managers words.worst office politics.manager insult the TLs for they tell their point of view openly .managers need all there TLs to be puppet for them. totally useless company.

Salary - Bad

+3 more

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

MIS Officer in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

I am like to company only and salary credit on time 31st and leave policy available for monthly 2.5 days

Work-life balance - Good

Dislikes

Company policy not maintain tenure employee/tenure employee some people handling 0%/monthly one Saturday week for Team manager above/ promotion only tenure employee recommendation/

Skill development - Poor

+3 more

Branch Operation Executive in Ahmedabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Feb 2025

2.0

for Salary and Benefits

Likes

Few things like skill development

Dislikes

Work life balance very bad,salary is lowest, mentality is rigid,to much manual work, companies policy is not at all on single road,always fear to work specially in operations department

Salary - Poor

+2 more

see more salary related reviews

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What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Software Developer Salary FAQs

What is the salary of Software Developer at HDB Financial Services in Mumbai?

The average salary of a Software Developer at HDB Financial Services in Mumbai typically ranges from ₹2.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Developer in Mumbai at HDB Financial Services earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Software Developer Salaries at HDB Financial 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 HDB Financial Services employees in India.

What is the estimated take home salary of a Software Developer at HDB Financial Services in Mumbai?

The estimated take-home salary of a Software Developer at HDB Financial Services in Mumbai typically ranges from ₹35,629 to ₹36,859 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 1 year to 4 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 HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Software Developer in India?

BA Continuum	₹9.2 Lakhs to ₹19.0 Lakhs per year
Aditya Birla Finance	₹6.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance	₹6.9 Lakhs to ₹12.0 Lakhs per year
SMFG India Credit	₹7.3 Lakhs to ₹11.1 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Software Developer in companies similar to HDB Financial Services in Mumbai?

The salary of a Software Developer at companies similar to HDB Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance

₹2.9 Lakhs to ₹12.0 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 Developer at HDB Financial Services in Mumbai?

The salary growth for a Software Developer at HDB Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹5.5 Lakhs to ₹7.1 Lakhs per year

and so on.

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HDB Financial Services Software Developer Salaries in Mumbai

HDB Financial Services Software Developer salary in Mumbai ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDB Financial Services latest salaries received from various employees of HDB Financial Services.