HDB Financial Services Software Engineer Salaries by 10+ Employees (Updated 2025)

1 - 4 years exp.

₹2 Lakhs - ₹10.4 Lakhs

Salary of majority employees

36% less than the average Software Engineer Salary in NBFC Companies for 1 - 4 years of experience

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Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Software Engineer

Company name	Avg Annual Salary	Open Jobs
BA Continuum Software Engineer Salary 1 - 9 years exp. (418 salaries)	₹6.5 L/yr - ₹25 L/yr 192% more
Bajaj Finance Software Engineer Salary 0 - 3 years exp. (82 salaries)	₹4.8 L/yr - ₹15 L/yr 116% more	3 job openings
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Bharat Financial Inclusion Software Engineer Salary 1 - 4 years exp. (29 salaries)	₹4 L/yr - ₹6.8 L/yr 10% less
SMFG India Credit Software Engineer Salary 1 - 7 years exp. (20 salaries)	₹6.7 L/yr - ₹15.1 L/yr 71% more
L&T Finance Software Engineer Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹10.8 L/yr 36% more
TVS Credit Software Engineer Salary 1 - 7 years exp. (17 salaries)	₹4.8 L/yr - ₹10 L/yr 32% more
IIFL Finance Software Engineer Salary 0 - 6 years exp. (14 salaries)	₹5.5 L/yr - ₹22 L/yr 141% more
Aditya Birla Finance Software Engineer Salary 1 - 5 years exp. (10 salaries)	₹5.4 L/yr - ₹9.3 L/yr 25% more
Mahindra Finance Software Engineer Salary 0 - 8 years exp. (9 salaries)	₹3 L/yr - ₹7.6 L/yr 26% more
Home Credit Finance Software Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.2 L/yr - ₹16.7 L/yr 71% more
Shriram Finance Software Engineer Salary 0 - 3 years exp. (8 salaries)	₹3 L/yr - ₹4 L/yr 33% less
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Satin Creditcare Network Software Engineer Salary 5 - 7 years exp. (6 salaries)	₹7.4 L/yr - ₹10.5 L/yr 53% more
Hero FinCorp Software Engineer Salary 0 - 2 years exp. (5 salaries)	₹9.7 L/yr - ₹16.5 L/yr 164% more
Muthoot Fincorp Software Engineer Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹7.5 L/yr 5% less
Manappuram Finance Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 34% less
Spandana Sphoorty Financial Software Engineer Salary 3 - 8 years exp. (5 salaries)	₹6 L/yr - ₹11.5 L/yr 54% more
Bajaj Housing Finance Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr 45% less
CreditAccess Grameen Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹17.7 L/yr - ₹35.3 L/yr 389% more
Muthoot Microfin Software Engineer Salary 4 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹17.5 L/yr 60% more
Tata Motors Finance Software Engineer Salary 4 - 8 years exp. (3 salaries)	₹7.2 L/yr - ₹34 L/yr 276% more

Software Engineer salary at HDB Financial Services ranges between ₹2 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Software Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹9.6 L/yr
2 years (6 salaries)	₹2 L/yr - ₹10 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.8 L/yr
4 years (4 salaries)	₹3 L/yr - ₹8 L/yr

Similar Designation salaries in HDB Financial Services

Senior Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹7.1 L/yr

System Engineer Salary

(12 salaries)

₹3.2 L/yr - ₹6.5 L/yr

Senior Software Engineer Salary

(4 salaries)

₹17 L/yr - ₹30 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Software Developer Salary

(13 salaries)

₹1.9 L/yr - ₹9.19 L/yr

Senior Developer Salary

(3 salaries)

₹6 L/yr - ₹24 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Java Developer Salary

(4 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Team Lead Salary

(365 salaries)

₹1.5 L/yr - ₹6.08 L/yr

Senior Associate Salary

(42 salaries)

₹1 L/yr - ₹4 L/yr

Salary related reviews for HDB Financial Services

4.0

Rated by 2 employees for salary & benefits

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 credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Software Engineer Salary FAQs

What is the salary of Software Engineer at HDB Financial Services ?

The average salary of a Software Engineer at HDB Financial Services in India typically ranges from ₹2.0 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Engineer at HDB Financial Services earn more than ₹11.1 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Software Engineer 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 10+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Software Engineer at HDB Financial Services in India typically ranges from ₹40,948 to ₹42,099 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.4 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 10+ 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 Engineer in India?

CreditAccess Grameen	₹17.7 Lakhs to ₹35.3 Lakhs per year
Tata Motors Finance	₹7.2 Lakhs to ₹34.0 Lakhs per year
BA Continuum	₹6.5 Lakhs to ₹25.0 Lakhs per year
Hero FinCorp	₹9.7 Lakhs to ₹16.5 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹22.0 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 Engineer in companies similar to HDB Financial Services in India?

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

Bajaj Finance	₹4.8 Lakhs to ₹15.0 Lakhs per year
Home Credit Finance	₹5.2 Lakhs to ₹16.7 Lakhs per year
SMFG India Credit	₹6.7 Lakhs to ₹15.1 Lakhs per year
Muthoot Microfin	₹2.9 Lakhs to ₹17.5 Lakhs per year
Spandana Sphoorty Financial	₹6.0 Lakhs to ₹11.5 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 HDB Financial Services in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹9.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹10.0 Lakhs per year
3 years	₹3.4 Lakhs to ₹9.8 Lakhs per year
4 years	₹3.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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HDB Financial Services Software Engineer Salaries

HDB Financial Services Software Engineer salary in India ranges between ₹2 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDB Financial Services latest salaries received from various employees of HDB Financial Services.