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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Software Engineer salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹3.8 Lakhs - ₹11 Lakhs
Salary of majority employees
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7% more than the average Software Engineer Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
0 - 5 years exp. (37 salaries)
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₹4.8 L/yr - ₹19.3 L/yr

Data Science & Analytics
Software Engineer Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹8.3 L/yr

IT & Information Security
Software Engineer Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹6.5 L/yr

Engineering - Hardware & Networks
Software Engineer Salary
5 years exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹7.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to IDFC FIRST Bank for Software Engineer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Software Engineer Salary

1 - 6 years exp. (91 salaries)

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₹2.4 L/yr - ₹12.8 L/yr

arrow icon 19% less
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ICICI Bank Software Engineer Salary

0 - 5 years exp. (75 salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 14% less
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Axis Bank Software Engineer Salary

0 - 5 years exp. (66 salaries)

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₹2.3 L/yr - ₹10.3 L/yr

arrow icon 25% less
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Kotak Mahindra Bank Software Engineer Salary

2 - 7 years exp. (36 salaries)

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₹10.9 L/yr - ₹20.9 L/yr

arrow icon 40% more
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State Bank of India Software Engineer Salary

0 - 4 years exp. (10 salaries)

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₹7.6 L/yr - ₹15 L/yr

arrow icon 1% less
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Yes Bank Software Engineer Salary

0 - 6 years exp. (22 salaries)

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₹2.6 L/yr - ₹9.4 L/yr

arrow icon 42% less
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IndusInd Bank Software Engineer Salary

1 - 7 years exp. (16 salaries)

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₹2.4 L/yr - ₹9.8 L/yr

arrow icon 19% less
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RBL Bank Software Engineer Salary

0 - 4 years exp. (56 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 9% more
2 job openings
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Federal Bank Software Engineer Salary

0 - 5 years exp. (6 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 47% less
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₹1.4 L/yr - ₹8 L/yr

arrow icon 44% less
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Standard Chartered Software Engineer Salary

1 - 10 years exp. (138 salaries)

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₹5.8 L/yr - ₹22.6 L/yr

arrow icon 47% more
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₹5 L/yr - ₹11.3 L/yr

arrow icon 20% less
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Emirates NBD Software Engineer Salary

6 - 11 years exp. (23 salaries)

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₹16.7 L/yr - ₹54 L/yr

arrow icon 318% more
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IDBI Bank Software Engineer Salary

2 - 3 years exp. (10 salaries)

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₹5.1 L/yr - ₹16 L/yr

arrow icon 6% more
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Canara Bank Software Engineer Salary

2 - 4 years exp. (8 salaries)

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₹3.4 L/yr - ₹4.8 L/yr

arrow icon 56% less
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Bandhan Bank Software Engineer Salary

2 - 5 years exp. (7 salaries)

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₹1 L/yr - ₹8.6 L/yr

arrow icon 34% less
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₹5.5 L/yr - ₹12 L/yr

arrow icon 9% more
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Chase Bank Software Engineer Salary

0 - 4 years exp. (5 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 11% more
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₹13.2 L/yr - ₹22 L/yr

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₹4.2 L/yr - ₹7 L/yr

arrow icon 40% less
View all
Software Engineer salary at IDFC FIRST Bank ranges between ₹3.8 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 45 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Software Engineer

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Experience wise IDFC FIRST Bank Software Engineer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹9.3 L/yr - ₹19.8 L/yr
1 year  (7 salaries)

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₹5.7 L/yr - ₹18.3 L/yr
2 years  (11 salaries)

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₹4 L/yr - ₹16.8 L/yr
3 years  (12 salaries)

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₹3.5 L/yr - ₹12.3 L/yr
4 years  (7 salaries)

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₹3.6 L/yr - ₹12.8 L/yr
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Similar Designation salaries in IDFC FIRST Bank

Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
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₹10.91 L/yr - ₹32 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹22.52 L/yr - ₹42 L/yr
Lead Engineer Salary
(5 salaries)
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₹25 L/yr - ₹53 L/yr
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₹5.7 L/yr - ₹25 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr
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₹7 L/yr - ₹18 L/yr
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₹9.6 L/yr - ₹13 L/yr
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₹15 L/yr - ₹40 L/yr

Top skills at IDFC FIRST Bank for Software Engineer

Information Technology Linux Data Structures Automation Database Design Operations Monitoring Unix Distribution System RDBMS Python Workflow Servicing Banking Customer Service
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Salary related reviews for IDFC FIRST Bank

3.8

Rated by 3 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 22 Jul 2024

3.0
 for  Salary and Benefits

Likes

They offer good compensation to steal good people and then treat them like garbage

read more

Dislikes

Hell , pathetic environment. Worst ever experience. Managers target employees and make their life hell. For every responsibility they warn you on job security. Only *ss lickers can survive ar this company. A constant feeling of stress and pressure. No appreciation , no leaves allowed. Its hell. Even some employees are devil. To protect their job they demean their own team members.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Nothing as such. Loans were provided to employees at minimum interest rates

  • Job security - Good

Dislikes

...because of staff loans, management should work on curtailment of such behaviour. HR is unaware of basic policies, when on boarding they say that bonus would be around 40-50% but at appraisal time everything goes below water. During onboarding clearly mentioned that as per banks policy holidays on weekends, but after joining it's revealed that working is essential on weekends in month ends Such pathetic policies they have.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 20 Dec 2024

5.0
 for  Salary and Benefits

Likes

It has good compensation and promotion policy for internal talent Top Leadership has lot of focus in driving the bank forward

read more
  • Salary - Excellent
  • +5 more

Dislikes

It lags in overall learning and development of talent Support teams are somewhat inefficient

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 20 Nov 2024

4.0
 for  Salary and Benefits

Likes

...hat you get after joining the Idfc first bank 1. You get a family mediclaim. 2. You get bonus as you complete 1 year. 3. You get Travel Expense. 4. You get reimbursement of you monthly phone bill

read more
  • Salary - Good
  • +1 more

Dislikes

Company's Culture is not good, So before joining the retail banking in Idfc First bank think twice .

  • Promotions - Poor
  • +3 more
see more salary related reviews

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IDFC FIRST Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IDFC FIRST Bank?
Software Engineer salary at IDFC FIRST Bank in India ranges between ₹3.8 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 7% more than the average Software Engineer Salary in India. Salary estimates are based on 45 latest salaries received from various employees of IDFC FIRST Bank India.
How does the salary of a Software Engineer at IDFC FIRST Bank India compare with the average salary range for this job?
The average salary of a Software Engineer at IDFC FIRST Bank is 7% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Software Engineer at IDFC FIRST Bank?
Information Technology, Linux, Data Structures, Automation and Database Design are some of the popular skills required to work as a Software Engineer at IDFC FIRST Bank India.
Which similar companies are paying more than IDFC FIRST Bank to a Software Engineer in India?
  • Emirates NBD Software Engineer Salary - ₹16.7 Lakhs to ₹54.0 Lakhs per year
  • Barclays Investment Bank Software Engineer Salary - ₹13.2 Lakhs to ₹22.0 Lakhs per year
  • Standard Chartered Software Engineer Salary - ₹5.8 Lakhs to ₹22.6 Lakhs per year
  • Union Bank of India Software Engineer Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
  • Kotak Mahindra Bank Software Engineer Salary - ₹10.9 Lakhs to ₹20.9 Lakhs per year
What is the salary of a Software Engineer in companies similar to IDFC FIRST Bank in India?
  • City Union Bank Software Engineer Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
  • Chase Bank Software Engineer Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
  • RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
  • Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
  • IDBI Bank Software Engineer Salary - ₹5.1 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Software Engineer at IDFC FIRST Bank in India?
The estimated take-home salary of a Software Engineer at IDFC FIRST Bank ranges between ₹65,206 per month to ₹66,870 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Software Engineer salary in India which ranges between ₹3.8 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Software Engineer at IDFC FIRST Bank?
According to AmbitionBox, 33% of the IDFC FIRST Bank Software Engineers reported a notice period of 15 days or less, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Software Engineer salary in India ranges between ₹3.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.