IFB Software Developer Salaries by 4 Employees

0 - 6 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Software Developer Salary in Consumer Electronics & Appliances Companies for 0 - 6 years of experience

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Last Updated: 23 Apr 2024

Companies similar to IFB for Software Developer

Company name	Avg Annual Salary	Open Jobs
HARMAN Software Developer Salary 1 - 5 years exp. (291 salaries)	₹4.5 L/yr - ₹17.4 L/yr 129% more	1 job opening
Samsung Software Developer Salary 0 - 4 years exp. (240 salaries)	₹8 L/yr - ₹27.5 L/yr 265% more
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Apple Software Developer Salary 0 - 5 years exp. (96 salaries)	₹12 L/yr - ₹47.3 L/yr 535% more
Sony Software Developer Salary 0 - 4 years exp. (25 salaries)	₹4.2 L/yr - ₹12.3 L/yr 90% more
LG Electronics Software Developer Salary 0 - 7 years exp. (14 salaries)	₹3.8 L/yr - ₹10 L/yr 40% more
OnePlus Software Developer Salary 0 - 3 years exp. (12 salaries)	₹12 L/yr - ₹31 L/yr 407% more
Lava International Software Developer Salary 1 - 7 years exp. (11 salaries)	₹6.8 L/yr - ₹12 L/yr 120% more
Bajaj Electricals Software Developer Salary 2 - 11 years exp. (8 salaries)	₹5 L/yr - ₹12 L/yr 82% more
OPPO Software Developer Salary 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹12 L/yr 101% more
Whirlpool Software Developer Salary 1 - 3 years exp. (6 salaries)	₹3 L/yr - ₹13.9 L/yr 76% more
Blue Star Software Developer Salary 2 - 5 years exp. (5 salaries)	₹9.4 L/yr - ₹12.6 L/yr 144% more
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Symphony Software Developer Salary 3 - 9 years exp. (5 salaries)	₹9 L/yr - ₹15.6 L/yr 231% more
Genus Power Infrastructures Software Developer Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr 9% less
Intex Technologies Software Developer Salary 3 - 7 years exp. (5 salaries)	₹6 L/yr - ₹7 L/yr 43% more
TTK Prestige Software Developer Salary 6 years exp. (5 salaries)	₹14.4 L/yr - ₹14.4 L/yr 219% more
TVS Electronics Software Developer Salary 0 - 2 years exp. (4 salaries)	₹4.5 L/yr - ₹5.9 L/yr 16% more

Software Developer salary at IFB ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of IFB.

Experience wise IFB Software Developer salaries

Last Updated: 23 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in IFB

Senior Software Developer Salary

(3 salaries)

₹9 L/yr - ₹9.5 L/yr

Software Engineer Salary

(3 salaries)

₹10.25 L/yr - ₹15.85 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Senior Engineer Salary

(44 salaries)

₹3.78 L/yr - ₹9.2 L/yr

Senior Software Engineer Salary

(3 salaries)

₹6.1 L/yr - ₹7.8 L/yr

Team Lead Salary

(13 salaries)

₹2.6 L/yr - ₹5.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Lead Salary

(3 salaries)

₹2.4 L/yr - ₹17.5 L/yr

Salary related reviews for IFB

Assistant Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 13 Mar 2025

3.0

for Salary and Benefits

Likes

Good Team and Work Culture-People in general are helpful Managers are usually considerate

Work-life balance - Good

Dislikes

Salary growth is slow- They. hire you at a low salary in mid level so even a 10-15% annual jump wont give you the desired returns Top Management is too old fashioned and are not receptive to changing market needs

Senior Executive in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

3.0

• posted on 04 Feb 2025

2.0

for Salary and Benefits

Likes

Salary on time Work life balance is ok but Saturday is working here

Job security - Good

+1 more

Dislikes

Hr policy and response is really pathetic. No proper feedback ,for everything they will say we dont have fancy positions,fancy department….. If you ara a fresher or 2,3 experienced person dont think about ifb bangalore, its really old technology and almost all are manual lines. For relaxing and job security uou can plan here

Salary - Poor

+4 more

Design Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

3.0

• posted on 22 Jan 2025

3.0

for Salary and Benefits

Likes

Its good place to learn about how manufacturing works, I consider if you are a fresher and salary is not an issue to survive

Skill development - Excellent

+2 more

Dislikes

Work life balance is not that great 6 days working. No shifts or work from home/Hybrid options Ctc to actual pay there are lot of cutting

Area Sales Manager in Kolkata

Full Time

Marketing & Communication Department

2.0

• posted on 12 Jan 2025

1.0

for Salary and Benefits

Likes

Products are good. Salary on time

Dislikes

Forget about incentive structure Biased promotion Super Toxic Environment Most National level people left HR dept is a mess Only buttering is the option No place for perfomer You may have to go to court for releasing letter if you don't serve full 90 days notice period Don't spoil your Future here

Salary - Bad

+3 more

Product Development Engineer in Kolkata

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Oct 2024

4.0

for Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

Salary - Good

+1 more

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

Promotions - Poor

+3 more

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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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IFB Software Developer Salary FAQs

What is the salary of Software Developer at IFB ?

The average salary of a Software Developer at IFB in India typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Developer at IFB earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Software Developer Salaries at IFB 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 4 IFB employees in India.

What is the estimated take home salary of a Software Developer at IFB in India?

The estimated take-home salary of a Software Developer at IFB in India typically ranges from ₹33,648 to ₹34,908 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 4 salaries received from various employees of IFB. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IFB for Software Developer in India?

Apple	₹12.0 Lakhs to ₹47.3 Lakhs per year
OnePlus	₹12.0 Lakhs to ₹31.0 Lakhs per year
Samsung	₹8.0 Lakhs to ₹27.5 Lakhs per year
Symphony	₹9.0 Lakhs to ₹15.6 Lakhs per year
TTK Prestige	₹14.4 Lakhs to ₹14.4 Lakhs per year

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

What is the salary of a Software Developer in companies similar to IFB in India?

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

Blue Star	₹9.4 Lakhs to ₹12.6 Lakhs per year
HARMAN	₹4.5 Lakhs to ₹17.4 Lakhs per year
Lava International	₹6.8 Lakhs to ₹12.0 Lakhs per year
OPPO	₹4.0 Lakhs to ₹12.0 Lakhs per year
Sony	₹4.2 Lakhs to ₹12.3 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 Software Developer at IFB in India?

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

Experience	Average Salary Range
Fresher	₹3.9 Lakhs to ₹4.9 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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IFB Software Developer Salaries

IFB Software Developer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IFB latest salaries received from various employees of IFB.