ICICI Bank Mumbai Senior Software Engineer Salaries by 7 Employees (Updated 2025)

2 - 10 years exp.

₹4.7 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Senior Software Engineer Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Software Engineer Salary 2 - 7 years exp. (5 salaries)	₹4.7 L/yr - ₹9 L/yr
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IT & Information Security Senior Software Engineer Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹8 L/yr

Last Updated: 12 Mar 2025

Companies similar to ICICI Bank for Senior Software Engineer in Mumbai

ICICI Bank Senior Software Engineer Salary

2 - 10 years exp. (7 salaries)

₹4.7 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank of America Senior Software Engineer Salary 4 - 13 years exp. (169 salaries)	₹9.3 L/yr - ₹38 L/yr 182% more
Kotak Mahindra Bank Senior Software Engineer Salary 3 - 6 years exp. (30 salaries)	₹7.9 L/yr - ₹18 L/yr 72% more
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HDFC Bank Senior Software Engineer Salary 3 - 8 years exp. (15 salaries)	₹5.5 L/yr - ₹14.5 L/yr 12% more
IDFC FIRST Bank Senior Software Engineer Salary 4 - 8 years exp. (13 salaries)	₹14.1 L/yr - ₹32.9 L/yr 165% more
Axis Bank Senior Software Engineer Salary 4 - 9 years exp. (12 salaries)	₹5.3 L/yr - ₹15 L/yr 32% more
IndusInd Bank Senior Software Engineer Salary 5 - 8 years exp. (4 salaries)	₹14.1 L/yr - ₹28 L/yr 143% more
Yes Bank Senior Software Engineer Salary 4 - 8 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 33% more
RBL Bank Senior Software Engineer Salary 2 - 11 years exp. (4 salaries)	₹6 L/yr - ₹21.8 L/yr 56% more
NatWest Group Senior Software Engineer Salary 5 - 7 years exp. (4 salaries)	₹21.3 L/yr - ₹30 L/yr 186% more
Deutsche Bank Senior Software Engineer Salary 7 - 8 years exp. (3 salaries)	₹10.8 L/yr - ₹30 L/yr 237% more

Senior Software Engineer salary at ICICI Bank ranges between ₹4.7 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Senior Software Engineer salaries in Mumbai

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
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4 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr

View all

Similar Designation salaries in ICICI Bank

Software Developer Salary

(8 salaries)

₹8.6 L/yr - ₹8.74 L/yr

Software Engineer Salary

(7 salaries)

₹8.52 L/yr - ₹9.88 L/yr

Senior Software Developer Salary

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₹5.2 L/yr - ₹7 L/yr

Salary related reviews for ICICI Bank

Team Lead in Bada Choraha Kanpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 May 2023

4.0

for Salary and Benefits

Likes

Working in ICICI Bank I am very proud to be say in anybody her working culture and customers sales and collection repayment policy is very nice and loan repayment options is very good

Salary - Good

+5 more

Dislikes

Salary and promotion system is very poor

Promotions - Poor

Senior Associate in Vadodara

Sales & Business Development Department

4.0

• posted on 20 Aug 2021

3.0

for Salary and Benefits

Likes

...d Employees Are so Helpfull And Supportive And Company Policy, management,team Work Are Damn Good , And they given good salary and bonus every year

Skill development - Good

+4 more

Dislikes

Career Growth Is Slow

Team Lead in Gachibowli Towers ICICI Bank Hyderabad Telangana

Finance & Accounting Department

5.0

• posted on 11 May 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 06 Sep 2019

2.0

for Salary and Benefits

Likes

Environment is good....good platform for learning.....seniors is also very supportive....my frst job experience on icici bank is very good....

Skill development - Good

+2 more

Dislikes

Salary is very low....i m a off roll emplyee need to grow my career for my better furure needs

Salary - Poor

+1 more

Team Lead in Bangalore / Bengaluru

Finance & Accounting Department

4.0

• posted on 29 Sep 2019

1.0

for Salary and Benefits

Likes

It was great and I have learned that lot of things and more fun with colleagues and also manager's I think I will get better for depend upon on this company work with satisfaction And thanks for anything

Skill development - Good

+2 more

Dislikes

Salary and about incentive and poor response with_____

Salary - Bad

see more salary related reviews

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What people are saying about ICICI Bank

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tendervada

1w (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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ICICI Bank Senior Software Engineer Salary FAQs

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

The average salary of a Senior Software Engineer at ICICI Bank in Mumbai typically ranges from ₹4.7 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Senior Software Engineer in Mumbai at ICICI Bank earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Senior Software Engineer Salaries at ICICI 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 7 ICICI Bank employees in India.

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

The estimated take-home salary of a Senior Software Engineer at ICICI Bank in Mumbai typically ranges from ₹57,534 to ₹58,981 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 7 salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Deutsche Bank	₹10.8 Lakhs to ₹30.0 Lakhs per year
NatWest Group	₹21.3 Lakhs to ₹30.0 Lakhs per year
Bank of America	₹9.3 Lakhs to ₹38.0 Lakhs per year
IDFC FIRST Bank	₹14.1 Lakhs to ₹32.9 Lakhs per year
IndusInd Bank	₹14.1 Lakhs to ₹28.0 Lakhs per year

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

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

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

Kotak Mahindra Bank	₹7.9 Lakhs to ₹18.0 Lakhs per year
RBL Bank	₹6.0 Lakhs to ₹21.8 Lakhs per year
Yes Bank	₹10.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank	₹5.3 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹14.5 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 Senior Software Engineer at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
3 years	₹6.6 Lakhs to ₹8.4 Lakhs per year
4 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
5 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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ICICI Bank Senior Software Engineer Salaries in Mumbai

ICICI Bank Senior Software Engineer salary in Mumbai ranges between ₹4.7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICICI Bank latest salaries received from various employees of ICICI Bank.