HDFC Bank Mumbai Softwaretest Engineer Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹4.2 Lakhs - ₹8.5 Lakhs

Salary of majority employees

8% more than the average Softwaretest Engineer Salary in Banking Companies for 1 - 5 years of experience

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Last Updated: 3 Feb 2025

Companies similar to HDFC Bank for Softwaretest Engineer in Mumbai

HDFC Bank Softwaretest Engineer Salary

1 - 5 years exp. (15 salaries)

₹4.2 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Softwaretest Engineer Salary 1 - 4 years exp. (13 salaries)	₹2.9 L/yr - ₹7 L/yr 27% less
RBL Bank Softwaretest Engineer Salary 1 - 6 years exp. (10 salaries)	₹1.5 L/yr - ₹9 L/yr 6% less
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Axis Bank Softwaretest Engineer Salary 2 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹5 L/yr 27% less
Kotak Mahindra Bank Softwaretest Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹7.6 L/yr 28% less
Yes Bank Softwaretest Engineer Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹7.1 L/yr 22% less
ICICI Bank Softwaretest Engineer Salary 1 - 4 years exp. (3 salaries)	₹4.3 L/yr - ₹5.7 L/yr 20% less

Softwaretest Engineer salary at HDFC Bank ranges between ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 15 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Softwaretest Engineer salaries in Mumbai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
2 years (3 salaries)	₹4.8 L/yr - ₹8.4 L/yr
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3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
4 years (5 salaries)	₹4.4 L/yr - ₹12.4 L/yr
5 years (3 salaries)	₹4.2 L/yr - ₹8 L/yr

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Salary related reviews for HDFC Bank

Assistant Vice President IT in Mumbai

Full Time

Project & Program Management Department

4.0

• posted on 22 May 2023

3.0

for Salary and Benefits

Likes

* Exposure, Learning and Skill Development * Job Security is very good, if somebody wants this most

Skill development - Good

+1 more

Dislikes

* Favoritism, very much Bureaucratic * Below Average compensation for existing employees * Performance Appraisal are only conveyed and depends on your rapport with your Manager

Promotions - Poor

+2 more

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

IT Officer in Kanjurmarg

Banking (IT) Department

4.0

• posted on 27 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment & culture,supportive Teammates & supportive senior management, 100% job security,time to time payment has received in your account,near from kanjurmarg station.

Salary - Good

+4 more

Dislikes

Less salary , salary and career growth is very slow, no training is provided to new joinees, there are no facility for IT officer , all decision are depends on your manager, in covid - 19 situation all teams are working from home & our team come regular in office ,bank providing us laptop for do work from home & all other staff are coming office twice in week but our manager say come regular.

Skill development - Poor

System Analyst in Mumbai

IT & Information Security Department

4.0

• posted on 08 Aug 2017

4.0

for Salary and Benefits

Likes

It was very very good learning experience for me.

Salary - Good

+5 more

Dislikes

Salary inbalance not even to the market standard. Those who gives 100% and do honest work they don't get what they deserve. I have experienced and seen many of them left because of same. But working with HDFC will be always a good learning experience for rest of your life.

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

see more salary related reviews

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What people are saying about HDFC Bank

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Can someone advice whether I should join HDFC Bank with almost Half CTC or Teleperformance (TP), a BPO with Double CTC? Job Role: Inbound Customer Support. Factors: WFH: TP ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

Which Organisation to Join? Please provide reason(s) or if you have any suggestion.

HDFC Bank

Teleperformance

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HDFC Bank Softwaretest Engineer Salary FAQs

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

The average salary of a Softwaretest Engineer at HDFC Bank in Mumbai typically ranges from ₹4.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Softwaretest Engineer in Mumbai at HDFC Bank earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Softwaretest 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 10+ HDFC Bank employees in India.

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

The estimated take-home salary of a Softwaretest Engineer at HDFC Bank in Mumbai typically ranges from ₹50,221 to ₹51,407 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

RBL Bank	₹1.5 Lakhs to ₹9.0 Lakhs per year
ICICI Bank	₹4.3 Lakhs to ₹5.7 Lakhs per year
Yes Bank	₹3.5 Lakhs to ₹7.1 Lakhs per year
Axis Bank	₹3.5 Lakhs to ₹5.0 Lakhs per year
IDFC FIRST Bank	₹2.9 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 Softwaretest Engineer at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹4.8 Lakhs to ₹8.4 Lakhs per year
3 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
4 years	₹4.4 Lakhs to ₹12.4 Lakhs per year

and so on.

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HDFC Bank Softwaretest Engineer Salaries in Mumbai

HDFC Bank Softwaretest Engineer salary in Mumbai ranges between ₹4.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDFC Bank latest salaries received from various employees of HDFC Bank.