IDFC FIRST Bank Pune Software Engineer Salaries by 6 Employees

2 - 4 years exp.

₹3.6 Lakhs - ₹9.7 Lakhs

Salary of majority employees

6% less than the average Software Engineer Salary in Banking Companies for 2 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹4 L/yr - ₹11.1 L/yr
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IT & Information Security Software Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.4 L/yr

Last Updated: 25 Oct 2024

Companies similar to IDFC FIRST Bank for Software Engineer in Pune

IDFC FIRST Bank Software Engineer Salary

2 - 4 years exp. (6 salaries)

₹3.6 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HSBC Global Banking and Markets Software Engineer Salary 1 - 6 years exp. (14 salaries)	₹5 L/yr - ₹10.4 L/yr 2% less
RBL Bank Software Engineer Salary 1 - 5 years exp. (11 salaries)	₹4.8 L/yr - ₹14 L/yr 48% more	2 job openings
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Axis Bank Software Engineer Salary 2 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹11.3 L/yr 14% less
HDFC Bank Software Engineer Salary 1 - 6 years exp. (6 salaries)	₹3.5 L/yr - ₹8 L/yr 7% less
Barclays Investment Bank Software Engineer Salary 2 - 11 years exp. (4 salaries)	₹13.2 L/yr - ₹22 L/yr 133% more
Yes Bank Software Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹5.4 L/yr 35% less

Software Engineer salary at IDFC FIRST Bank ranges between ₹3.6 Lakhs to ₹9.7 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Software Engineer salaries in Pune

Last Updated: 25 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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4 years (3 salaries)	₹3.6 L/yr - ₹11.6 L/yr

Similar Designation salaries in IDFC FIRST Bank

Softwaretest Engineer Salary

(7 salaries)

₹3 L/yr - ₹7 L/yr

Data Engineer Salary

(4 salaries)

₹6 L/yr - ₹14.91 L/yr

Technical Lead Salary

(4 salaries)

₹43.2 L/yr - ₹59.5 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

Salary related reviews for IDFC FIRST Bank

Rated by 1 employees for salary & benefits

Senior Software Developer in Bangalore / Bengaluru

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

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.

Skill development - Bad

+4 more

SAT Executive in Navi Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Mar 2025

1.0

for Salary and Benefits

Likes

It was a bad decision to work with such bank

Dislikes

... a month of serving my notice period my health was not that good to resume work. Even after submitting medical documents my employer terminated my service and stating that I need to pay the rest of money for the remaining days of my notice period and does not settled my FNF stating it's in negative

Salary - Bad

+6 more

Operations Executive in Mumbai

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.

Salary - Poor

+5 more

Assistant Vice President in Hyderabad / Secunderabad

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

Salary - Bad

+6 more

Senior Manager Hrbp in Jaipur

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

Salary - Excellent

+5 more

Dislikes

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IDFC FIRST Bank in Pune?

The average salary of a Software Engineer at IDFC FIRST Bank in Pune typically ranges from ₹3.6 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Engineer in Pune at IDFC FIRST Bank earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Software Engineer Salaries at IDFC FIRST 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 6 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Software Engineer at IDFC FIRST Bank in Pune?

The estimated take-home salary of a Software Engineer at IDFC FIRST Bank in Pune typically ranges from ₹56,819 to ₹58,246 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹9.7 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 6 salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at IDFC FIRST Bank in Pune?

To be a Software Engineer at IDFC FIRST Bank in Pune, the key skills required include:

- Information Technology
- Linux
- Data Structures
- Automation
- Database Design

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Software Engineer in India?

Barclays Investment Bank	₹13.2 Lakhs to ₹22.0 Lakhs per year
RBL Bank	₹4.8 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Software Engineer in companies similar to IDFC FIRST Bank in Pune?

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

HSBC Global Banking and Markets	₹5.0 Lakhs to ₹10.4 Lakhs per year
HDFC Bank	₹3.5 Lakhs to ₹8.0 Lakhs per year
Axis Bank	₹2.3 Lakhs to ₹11.3 Lakhs per year
Yes Bank	₹3.8 Lakhs to ₹5.4 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 Software Engineer at IDFC FIRST Bank in Pune?

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

Experience	Average Salary Range
2 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
3 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
4 years	₹3.6 Lakhs to ₹11.6 Lakhs per year

and so on.

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IDFC FIRST Bank Software Engineer Salaries in Pune

IDFC FIRST Bank Software Engineer salary in Pune ranges between ₹3.6 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.