IDBI Bank Senior Software Engineer Salaries by 10+ Employees

2 - 4 years exp.

₹7 Lakhs - ₹21.6 Lakhs

Salary of majority employees

14% less than the average Senior Software Engineer Salary in Banking Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 5 Oct 2024

Companies similar to IDBI Bank for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Software Engineer Salary 6 - 11 years exp. (5 salaries)	₹16.5 L/yr - ₹25.3 L/yr 31% more
HDFC Bank Senior Software Engineer Salary 3 - 8 years exp. (46 salaries)	₹5.4 L/yr - ₹16 L/yr 29% less
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ICICI Bank Senior Software Engineer Salary 2 - 10 years exp. (17 salaries)	₹4.7 L/yr - ₹13.1 L/yr 32% less
Axis Bank Senior Software Engineer Salary 4 - 10 years exp. (20 salaries)	₹5.3 L/yr - ₹15 L/yr 14% less
Canara Bank Senior Software Engineer Salary 3 - 12 years exp. (3 salaries)	₹6 L/yr - ₹18.6 L/yr 17% less
Kotak Mahindra Bank Senior Software Engineer Salary 3 - 9 years exp. (21 salaries)	₹23.6 L/yr - ₹35.2 L/yr 126% more
IndusInd Bank Senior Software Engineer Salary 4 - 10 years exp. (7 salaries)	₹5.6 L/yr - ₹8.7 L/yr 40% less
Yes Bank Senior Software Engineer Salary 4 - 8 years exp. (8 salaries)	₹6.8 L/yr - ₹12 L/yr 21% less
Bank of America Senior Software Engineer Salary 3 - 13 years exp. (972 salaries)	₹7.5 L/yr - ₹28.1 L/yr 39% more
Barclays Senior Software Engineer Salary 4 - 12 years exp. (266 salaries)	₹9.9 L/yr - ₹39.5 L/yr 87% more
NatWest Group Senior Software Engineer Salary 2 - 12 years exp. (180 salaries)	₹10 L/yr - ₹33 L/yr 67% more
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Standard Chartered Senior Software Engineer Salary 6 - 11 years exp. (144 salaries)	₹18.5 L/yr - ₹43.2 L/yr 109% more
Deutsche Bank Senior Software Engineer Salary 3 - 15 years exp. (100 salaries)	₹11.5 L/yr - ₹42 L/yr 110% more
IDFC FIRST Bank Senior Software Engineer Salary 3 - 9 years exp. (54 salaries)	₹23 L/yr - ₹42 L/yr 129% more
HSBC Global Banking and Markets Senior Software Engineer Salary 4 - 10 years exp. (42 salaries)	₹8 L/yr - ₹22 L/yr 24% more
NatWest Markets Senior Software Engineer Salary 5 - 13 years exp. (28 salaries)	₹12.5 L/yr - ₹32 L/yr 74% more
AU Small Finance Bank Senior Software Engineer Salary 4 - 8 years exp. (11 salaries)	₹13.5 L/yr - ₹28.7 L/yr 80% more
Equitas Small Finance Bank Senior Software Engineer Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹16 L/yr 19% less
Ujjivan Small Finance Bank Senior Software Engineer Salary 2 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹20 L/yr 26% less

Senior Software Engineer salary at IDBI Bank ranges between ₹7 Lakhs to ₹21.6 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 18 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Senior Software Engineer salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
2 years (10 salaries)	₹7 L/yr - ₹12 L/yr
3 years (7 salaries)	₹9 L/yr - ₹18 L/yr
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4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹24 L/yr

Similar Designation salaries in IDBI Bank

Senior Software Developer Salary

(3 salaries)

₹6 L/yr - ₹24 L/yr

Software Engineer Salary

(10 salaries)

₹5.13 L/yr - ₹16 L/yr

Associate Software Engineer Salary

(13 salaries)

₹7 L/yr - ₹18 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Software Developer Salary

(6 salaries)

₹3.25 L/yr - ₹10.5 L/yr

Senior Associate Salary

(3 salaries)

₹3.5 L/yr - ₹8.5 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Programmer Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Lead Salary

(3 salaries)

₹26 L/yr - ₹28 L/yr

Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

Salary - Poor

+5 more

Assistant Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2024

4.0

for Salary and Benefits

Likes

They offer good salary .

Salary - Good

+1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

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What people are saying about IDBI Bank

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IDBI Bank Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at IDBI Bank ?

The average salary of a Senior Software Engineer at IDBI Bank in India typically ranges from ₹7.0 Lakhs to ₹21.6 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Senior Software Engineer at IDBI Bank earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior Software Engineer Salaries at IDBI 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+ IDBI Bank employees in India.

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

The estimated take-home salary of a Senior Software Engineer at IDBI Bank in India typically ranges from ₹91,919 to ₹94,380 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹21.6 Lakhs per year for employees with experience ranging from 2 years 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 IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

IDFC FIRST Bank	₹23.0 Lakhs to ₹42.0 Lakhs per year
Kotak Mahindra Bank	₹23.6 Lakhs to ₹35.2 Lakhs per year
Deutsche Bank	₹11.5 Lakhs to ₹42.0 Lakhs per year
Standard Chartered	₹18.5 Lakhs to ₹43.2 Lakhs per year
Barclays	₹9.9 Lakhs to ₹39.5 Lakhs per year

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

What is the salary of a Senior Software Engineer in companies similar to IDBI Bank in India?

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

AU Small Finance Bank	₹13.5 Lakhs to ₹28.7 Lakhs per year
NatWest Markets	₹12.5 Lakhs to ₹32.0 Lakhs per year
NatWest Group	₹10.0 Lakhs to ₹33.0 Lakhs per year
Bank of America	₹7.5 Lakhs to ₹28.1 Lakhs per year
State Bank of India	₹16.5 Lakhs to ₹25.3 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 IDBI Bank in India?

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

Experience	Average Salary Range
2 years	₹7.0 Lakhs to ₹12.0 Lakhs per year
3 years	₹9.0 Lakhs to ₹18.0 Lakhs per year
4 years	₹6.5 Lakhs to ₹24.0 Lakhs per year

and so on.

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IDBI Bank Senior Software Engineer Salaries

IDBI Bank Senior Software Engineer salary in India ranges between ₹7 Lakhs to ₹21.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IDBI Bank latest salaries received from various employees of IDBI Bank.

IDBI Bank Senior Software Engineer salaries in India

Companies similar to IDBI Bank for Senior Software Engineer

Latest annual salaries shared by IDBI Bank Senior Software Engineer

Experience wise IDBI Bank Senior Software Engineer salaries

Similar Designation salaries in IDBI Bank

Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Assistant Manager in Kolkata

Senior Branch Manager in Mumbai

Assistant Manager in Kolkata

Branch Head in Jabalpur

IDBI Bank Senior Software Engineer Salary FAQs

Tell us how to improve this page.