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IBS Software Services Senior Product Engineer salaries in India (Updated 2025)

Annual salary range
2 - 5 years exp.
₹4 Lakhs - ₹12.6 Lakhs
Salary of majority employees
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42% less than the average Senior Product Engineer Salary in Software Product Companies for 2 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA
Senior Product Engineer Salary
2 - 5 years exp. (160 salaries)
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₹4 L/yr - ₹12.6 L/yr

IT & Information Security
Senior Product Engineer Salary
2 - 5 years exp. (3 salaries)
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₹4.7 L/yr - ₹8.4 L/yr

Research & Development
Senior Product Engineer Salary
2 years exp. (3 salaries)
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₹4.6 L/yr - ₹10 L/yr

Production, Manufacturing & Engineering
Senior Product Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹6.6 L/yr - ₹16 L/yr

Last Updated: 21 Mar 2025

Companies similar to IBS Software Services for Senior Product Engineer

Company name Avg Annual Salary Open Jobs
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Temenos Senior Product Engineer Salary

3 - 7 years exp. (151 salaries)

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₹7.5 L/yr - ₹17.4 L/yr

arrow icon 61% more
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BUSINESSNEXT Senior Product Engineer Salary

4 - 7 years exp. (4 salaries)

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₹7.3 L/yr - ₹12 L/yr

arrow icon 26% more
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HARMAN Senior Product Engineer Salary

4 - 9 years exp. (898 salaries)

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₹6 L/yr - ₹25.2 L/yr

arrow icon 76% more
1 job opening
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LTIMindtree Senior Product Engineer Salary

2 - 8 years exp. (598 salaries)

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₹6.5 L/yr - ₹23.3 L/yr

arrow icon 73% more
1 job opening
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Tech Mahindra Senior Product Engineer Salary

5 - 11 years exp. (94 salaries)

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₹4.9 L/yr - ₹18 L/yr

arrow icon 28% more
Senior Product Engineer salary at IBS Software Services ranges between ₹4 Lakhs to ₹12.6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 181 latest salaries received from various employees of IBS Software Services.

Latest annual salaries shared by IBS Software Services Senior Product Engineer

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Experience wise IBS Software Services Senior Product Engineer salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
2 years  (50 salaries)

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₹4 L/yr - ₹10.5 L/yr
3 years  (69 salaries)

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₹4 L/yr - ₹11 L/yr
4 years  (39 salaries)

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₹5 L/yr - ₹15 L/yr
5 years  (23 salaries)

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₹4.6 L/yr - ₹15.5 L/yr

Similar Designation salaries in IBS Software Services

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₹4 L/yr - ₹14 L/yr
Senior Engineer Salary
(27 salaries)
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₹5.2 L/yr - ₹18.18 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Lead Engineer Salary
(38 salaries)
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₹7.31 L/yr - ₹28 L/yr
Software Engineer Salary
(403 salaries)
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₹2.4 L/yr - ₹10.18 L/yr
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₹11 L/yr - ₹26.7 L/yr
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₹15 L/yr - ₹24 L/yr
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₹1.35 L/yr - ₹5.16 L/yr
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₹8.5 L/yr - ₹19 L/yr
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₹3.98 L/yr - ₹15.45 L/yr

Top skills at IBS Software Services for Senior Product Engineer

Web Services Tool Design Oracle JDBC Coding Javascript EJB J2Ee JSP Servlets Distribution System Core Java Eclipse Tomcat Linux Hibernate

Salary related reviews for IBS Software Services

2.7

Rated by 19 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 24 Aug 2023

3.0
 for  Salary and Benefits

Likes

Except salary we have other benefits.Appraisal is low comparitively,will get 2-10 percentage in a year. Company culture was good, less politics. Have a good training team which helps to skill development.

read more
  • Skill development - Good
  • +2 more

Dislikes

Some times could not able to maintain work life balance.when working with product team.

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 14 Dec 2018

1.0
 for  Salary and Benefits

Likes

Work environment

  • Job security - Good

Dislikes

...ou would feel like you are the only one who can handle what you have did before. But don't expect the salary hike. You would get team champ, excellence awards but these won't get reflects in your salary.

read more
  • Salary - Bad

Engineering - Software & QA Department

4.0
  •  posted on 11 May 2022

4.0
 for  Salary and Benefits

Likes

CTC is not inflated with frivolous components. They tell and write what they pay, which felt very transparent, rare to see nowadays. That was a huge win, atleast for me. Job security is there, learning takes place almost daily and they encourage to learn more. I have also heard about good insurance policy, but have never utilised on this, so no idea. Good place to grow. They give real WFH and not a fake one like 3 day office and 2 day WFH etc - so freedom of work location is definitely there. Also, Hiring HRs were definitely among the best ones I had encountered among the other offers I had received. I can stay a long time here if they give full WFH, try to maintain a better work life balance and give better hikes.

read more
  • Salary - Good
  • +3 more

Dislikes

Work life balance is bad, no doubts about it. Sometimes one might have to work on weekends too, for some teams. Hikes are not the best either.

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  • Work-life balance - Poor

Engineering - Software & QA Department

4.0
  •  posted on 26 Feb 2022

3.0
 for  Salary and Benefits

Likes

- Good work environment and team - Very flexible timing - No micro-management or monitoring - Access to paid learning platforms - Good leave policies and no restriction in taking leaves. - Product-based company so will get exposure to enterprise graded technologies

read more
  • Skill development - Excellent
  • +4 more

Dislikes

- The salary of existing employees are 40 to 60% less than new joiners. - Health insurance amount is less when compared to other similar companies

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Engineering - Software & QA Department

5.0
  •  posted on 18 Mar 2022

2.0
 for  Salary and Benefits

Likes

A good place to build a career. You are open to a vast space of various tech and business opportunities that you can learn and implement.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Compensation formats could be made better. Also certains workflows inside the organisation could be made easier.

read more
  • Salary - Poor
see more salary related reviews

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IBS Software Services Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at IBS Software Services ?
The average salary of a Senior Product Engineer at IBS Software Services in India typically ranges from ₹4.0 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Senior Product Engineer at IBS Software Services earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Senior Product Engineer Salaries at IBS Software 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 100+ IBS Software Services employees in India.
What is the estimated take home salary of a Senior Product Engineer at IBS Software Services in India?
The estimated take-home salary of a Senior Product Engineer at IBS Software Services in India typically ranges from ₹58,844 to ₹60,329 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 2 years 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 100+ salaries received from various employees of IBS Software Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Product Engineer at IBS Software Services ?
To be a Senior Product Engineer at IBS Software Services in india, the key skills required include:

  • - Web Services
  • - Tool Design
  • - Oracle
  • - JDBC
  • - Coding

These skills are highly valued at IBS Software Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IBS Software Services for Senior Product Engineer in India?
HARMAN ₹6.0 Lakhs to ₹25.2 Lakhs per year
LTIMindtree ₹6.5 Lakhs to ₹23.3 Lakhs per year
Temenos ₹7.5 Lakhs to ₹17.4 Lakhs per year
Tech Mahindra ₹4.9 Lakhs to ₹18.0 Lakhs per year
BUSINESSNEXT ₹7.3 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IBS Software Services, depending on the role and experience level.
How the salary growth look like for a Senior Product Engineer at IBS Software Services in India?
The salary growth for a Senior Product Engineer at IBS Software Services depends on factors such as experience, performance, and promotions. On average, a Senior Product Engineer can expect the following growth trajectory at IBS Software Services:

Experience Average Salary Range
2 years ₹4.0 Lakhs to ₹10.5 Lakhs per year
3 years ₹4.0 Lakhs to ₹11.0 Lakhs per year
4 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
5 years ₹4.6 Lakhs to ₹15.5 Lakhs per year
and so on.

Tell us how to improve this page.

IBS Software Services Senior Product Engineer salary in India ranges between ₹4 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 181 IBS Software Services latest salaries received from various employees of IBS Software Services.