HDFC Bank Mumbai Software Engineer Salaries by 50+ Employees (Updated 2025)

1 - 6 years exp.

₹2.9 Lakhs - ₹14.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Software Engineer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 6 years exp. (40 salaries)	₹3 L/yr - ₹12.5 L/yr
Data Science & Analytics Software Engineer Salary 1 - 6 years exp. (5 salaries)	₹4.1 L/yr - ₹10.6 L/yr
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IT & Information Security Software Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr

Last Updated: 31 Mar 2025

Companies similar to HDFC Bank for Software Engineer in Mumbai

HDFC Bank Software Engineer Salary

1 - 6 years exp. (51 salaries)

₹2.9 L/yr - ₹14.2 L/yr

Company name	Avg Annual Salary	Open Jobs
RBL Bank Software Engineer Salary 1 - 9 years exp. (33 salaries)	₹4.8 L/yr - ₹16 L/yr 52% more	2 job openings
Axis Bank Software Engineer Salary 1 - 5 years exp. (19 salaries)	₹3 L/yr - ₹9 L/yr 19% less
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IDFC FIRST Bank Software Engineer Salary 1 - 6 years exp. (15 salaries)	₹3.8 L/yr - ₹11.8 L/yr 6% less
Kotak Mahindra Bank Software Engineer Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹18.7 L/yr 48% more
ICICI Bank Software Engineer Salary 1 - 3 years exp. (7 salaries)	₹8.5 L/yr - ₹9.9 L/yr 17% more
IndusInd Bank Software Engineer Salary 1 - 4 years exp. (5 salaries)	₹3.6 L/yr - ₹9 L/yr 1% more
State Bank of India Software Engineer Salary 2 - 5 years exp. (5 salaries)	₹6 L/yr - ₹15 L/yr 25% more
Yes Bank Software Engineer Salary 1 - 3 years exp. (3 salaries)	₹3.2 L/yr - ₹7 L/yr 34% less

Software Engineer salary at HDFC Bank ranges between ₹2.9 Lakhs to ₹14.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 51 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Software Engineer in Mumbai

5d ago

₹11 Lakhs

3 years exp.

1mo ago

₹6.3 Lakhs

3 years exp.

2mo ago

₹6.8 Lakhs

5 years exp.

2mo ago

₹2.9 Lakhs

1 year exp.

2mo ago

₹12.5 Lakhs

6 years exp.

2mo ago

4 years exp.

4mo ago

2 years exp.

4mo ago

1 year exp.

5mo ago

4 years exp.

7mo ago

3 years exp.

Experience wise HDFC Bank Software Engineer salaries in Mumbai

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.9 L/yr - ₹12.5 L/yr
2 years (6 salaries)	₹3.2 L/yr - ₹8.5 L/yr
Login to view exact salary
3 years (19 salaries)	₹3.8 L/yr - ₹11 L/yr
4 years (12 salaries)	₹3.5 L/yr - ₹12 L/yr
5 years (5 salaries)	₹6.8 L/yr - ₹10 L/yr
6 years (4 salaries)	₹3.5 L/yr - ₹12.5 L/yr

View all

Similar Designation salaries in HDFC Bank

Software Developer Salary

(90 salaries)

₹9.15 L/yr - ₹17 L/yr

Senior Software Engineer Salary

(15 salaries)

₹5.5 L/yr - ₹14.5 L/yr

Senior Engineer Salary

(5 salaries)

₹7.8 L/yr - ₹16.5 L/yr

Top skills at HDFC Bank for Software Engineer

VB SCRIPT Node.Js Microservices VectorCast 5S System

Salary related reviews for HDFC Bank

3.8

Rated by 6 employees for salary & benefits

Senior Software Engineer in Bangalore / Bengaluru

Contractual

Engineering - Software & QA Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Good tech stack Deep domain knowledge

Dislikes

Contract permanent employee partiality Non rational thinking managers Vendors should work like donkeys while permanent staff is chilling Most permanent staff are not good at their work Top management never hear about vendor employee concerns Many permanent staff is being paid hell of salary for no reason. HDFC should seriously consider vendors contribution at work and should do less pampering for permanent employees. Many managers have no idea what is happening in the project

Salary - Bad

+6 more

Team Lead in Chandigarh

Two wheeler finance Department

1.0

• posted on 09 Apr 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...and six month as a team leader but for them employees are not worth in any mean. They refused to give salary certificate and that's why I joined some other bank and there I get minimum package coz I don't have any salary details. I've got very bad experience here and am not going to suggest any one to work with hdfc under quantum. And our RSM Mr. Subhrandu medda he is hippocrit and culprit he hired females in good package even they don't have any knowledge. I really hate that guy.

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Personal Banker in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Salary ontime .

Dislikes

No proper work life balance , target is there so immense pressure for missell, no time for the completion of work. You need to wait till 7:30pm to leave. You will get mail at 6:30 to leave but it's a gimmick to fool the RBI .

Salary - Poor

+6 more

Senior Branch Sales Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Mar 2025

3.0

for Salary and Benefits

Likes

Salary, training,skill development,perks and benefits

Dislikes

Politics, lack of support by supervisor and BM ,CH, also HR policy not working properly,huge unwanted work pressure and work life balance,it's demanded forcefully sales job.

Job security - Bad

+4 more

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dhineshkumarr

works at

HDFC Bank

Seeking Advice for Banking Jobs

Hi Guys, I have 7 years experience in the banking sector. Currently looking for a job change, also applying for a job since January 2025, still i'm not getting interview calls/emails. Currently checking jobs in Linkedin, Naukri, Glassdoor, Indeed and Shine. Please advise guys how to get a call for the interview ??

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HDFC Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at HDFC Bank in Mumbai?

The average salary of a Software Engineer at HDFC Bank in Mumbai typically ranges from ₹2.9 Lakhs to ₹14.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Engineer in Mumbai at HDFC Bank earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Software Engineer Salaries at HDFC 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 50+ HDFC Bank employees in India.

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

The estimated take-home salary of a Software Engineer at HDFC Bank in Mumbai typically ranges from ₹58,318 to ₹59,787 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹14.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 50+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at HDFC Bank in Mumbai?

To be a Software Engineer at HDFC Bank in Mumbai, the key skills required include:

- VB SCRIPT
- Node.Js
- Microservices
- VectorCast
- 5S System

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Bank for Software Engineer in India?

RBL Bank	₹4.8 Lakhs to ₹16.0 Lakhs per year
Kotak Mahindra Bank	₹6.0 Lakhs to ₹18.7 Lakhs per year
State Bank of India	₹6.0 Lakhs to ₹15.0 Lakhs per year
ICICI Bank	₹8.5 Lakhs to ₹9.9 Lakhs per year
IndusInd Bank	₹3.6 Lakhs to ₹9.0 Lakhs per year

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

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

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

IDFC FIRST Bank	₹3.8 Lakhs to ₹11.8 Lakhs per year
Axis Bank	₹3.0 Lakhs to ₹9.0 Lakhs per year
Yes Bank	₹3.2 Lakhs to ₹7.0 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 HDFC Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.9 Lakhs to ₹12.5 Lakhs per year
2 years	₹3.2 Lakhs to ₹8.5 Lakhs per year
3 years	₹3.8 Lakhs to ₹11.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹12.0 Lakhs per year

and so on.

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HDFC Bank Software Engineer Salaries in Mumbai

HDFC Bank Software Engineer salary in Mumbai ranges between ₹2.9 Lakhs to ₹14.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 51 HDFC Bank latest salaries received from various employees of HDFC Bank.