IIT Bombay Software Developer Salaries by 6 Employees

0 - 4 years exp.

₹3 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Software Developer Salary in Education & Training Companies for 0 - 4 years of experience

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Last Updated: 17 Dec 2024

Companies similar to IIT Bombay for Software Developer

Company name	Avg Annual Salary	Open Jobs
IIT Delhi Software Developer Salary 3 - 5 years exp. (4 salaries)	₹4 L/yr - ₹9 L/yr 50% more
IIT Madras Software Developer Salary 0 - 10 years exp. (7 salaries)	₹1.8 L/yr - ₹6 L/yr 15% more
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IIT Kharagpur Software Developer Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 9% less
BITS Pilani Software Developer Salary 1 - 12 years exp. (4 salaries)	₹5.1 L/yr - ₹16 L/yr 156% more
TCS Software Developer Salary 0 - 9 years exp. (19.3k salaries)	₹3.7 L/yr - ₹14 L/yr 128% more
Infosys Software Developer Salary 0 - 7 years exp. (5.9k salaries)	₹3.6 L/yr - ₹12.6 L/yr 116% more	1 job opening
Wipro Software Developer Salary 0 - 8 years exp. (5.8k salaries)	₹2.3 L/yr - ₹18.1 L/yr 147% more	1 job opening
HCLTech Software Developer Salary 0 - 8 years exp. (3.5k salaries)	₹3.5 L/yr - ₹14.3 L/yr 123% more
Tech Mahindra Software Developer Salary 0 - 7 years exp. (4.3k salaries)	₹2.4 L/yr - ₹12.6 L/yr 84% more	1 job opening
Accenture Software Developer Salary 0 - 9 years exp. (6.2k salaries)	₹4.1 L/yr - ₹18.4 L/yr 181% more	1 job opening
NIIT Software Developer Salary 0 - 5 years exp. (78 salaries)	₹1.8 L/yr - ₹10 L/yr 46% more
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Vinsys IT Services India Limited Software Developer Salary 0 - 4 years exp. (53 salaries)	₹1.6 L/yr - ₹7 L/yr At par
Swami Vivekanand Subharti University Software Developer Salary 0 - 4 years exp. (7 salaries)	₹2.5 L/yr - ₹6.1 L/yr 18% more
Aptech Software Developer Salary 0 - 3 years exp. (6 salaries)	₹2.8 L/yr - ₹3.7 L/yr 20% less
Indian Statistical Institute Software Developer Salary 3 - 7 years exp. (5 salaries)	₹6 L/yr - ₹7.2 L/yr 73% more
Medvarsity Online Software Developer Salary 0 - 5 years exp. (4 salaries)	₹3.7 L/yr - ₹6 L/yr 31% more
Indian Institute of Technology Madras Software Developer Salary 1 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹9 L/yr 62% more
CL Educate Software Developer Salary 2 - 4 years exp. (3 salaries)	₹4.5 L/yr - ₹20 L/yr 204% more
Indira Gandhi National Open University Software Developer Salary 0 - 10 years exp. (3 salaries)	₹2 L/yr - ₹12.1 L/yr 96% more
Symbiosis International University Software Developer Salary 1 - 2 years exp. (3 salaries)	₹0.4 L/yr - ₹3 L/yr 43% less

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Software Developer salary at IIT Bombay ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of IIT Bombay.

Experience wise IIT Bombay Software Developer salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.4 L/yr

Similar Designation salaries in IIT Bombay

Senior Developer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Software Engineer Salary

(28 salaries)

₹2.36 L/yr - ₹10.11 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.7 L/yr

Senior Engineer Salary

(3 salaries)

₹9.5 L/yr - ₹18 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Senior Software Engineer Salary

(8 salaries)

₹5 L/yr - ₹10.5 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹67.9 L/yr - ₹75.1 L/yr

Project Engineer Salary

(35 salaries)

₹3.6 L/yr - ₹8.1 L/yr

Programmer Analyst Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Salary related reviews for IIT Bombay

3.9

Rated by 2 employees for salary & benefits

Research Associate in Mumbai

Full Time

Research & Development Department

4.0

• posted on 12 Dec 2023

3.0

for Salary and Benefits

Likes

Realising our potential. Knowing our endurance here. Lots of tools and equipment available to explore

Skill development - Excellent

+2 more

Dislikes

Work life balance is little difficult. Salary benefits are difficult to manage with food and accomodation. Inside campus mess itself costlier.

Promotions - Bad

Senior Technical Assistant in Mumbai

Consulting Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Assistant Professor in Mumbai

Physics Department

4.0

• posted on 04 May 2021

3.0

for Salary and Benefits

Likes

Good research environment and ability to work with the brightest minds in India. Good benefits and work life balance.

Skill development - Excellent

+5 more

Dislikes

Salary if significantly low for the requisite skill and talent set, especially compared to similar positions abroad.

Sr. TECH ASST. IT in Mumbai

Other Department

4.0

• posted on 07 Aug 2020

3.0

for Salary and Benefits

Likes

Project staff and temporary employees shuld pf account and get other allowences .pls colse the consolidated salary .I support the management and follow the rules of government covid 19 and I seggest to that organization working from home ,create the crm system for online work and quick response almost we can know how much time will be compltion .for students my opinion start take lutures by on-line.

Skill development - Good

+4 more

Dislikes

...ect employees and contracts basis employees at least should 3 Y contract , pls should be change the Consolidated salary system and shuld get the pf , others allowences of employment

Project Intern in Mumbai

Intern

Engineering - Software & QA Department

5.0

• posted on 05 Feb 2020

5.0

for Salary and Benefits

Likes

the company is open to innovation.and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base.

Salary - Excellent

+6 more

Dislikes

Compensation is high and growth is fast.

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IIT Bombay Software Developer Salary FAQs

What is the salary of Software Developer at IIT Bombay ?

The average salary of a Software Developer at IIT Bombay in India typically ranges from ₹3.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Developer at IIT Bombay earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Software Developer Salaries at IIT Bombay 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 IIT Bombay employees in India.

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

The estimated take-home salary of a Software Developer at IIT Bombay in India typically ranges from ₹27,336 to ₹28,740 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from Fresher 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 IIT Bombay. Check how we calculate in-hand salary with our in-hand salary calculator.

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

CL Educate	₹4.5 Lakhs to ₹20.0 Lakhs per year
Accenture	₹4.1 Lakhs to ₹18.4 Lakhs per year
Zee Learn	₹6.5 Lakhs to ₹17.0 Lakhs per year
BITS Pilani	₹5.1 Lakhs to ₹16.0 Lakhs per year
Wipro	₹2.3 Lakhs to ₹18.1 Lakhs per year

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

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

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

TCS	₹3.7 Lakhs to ₹14.0 Lakhs per year
HCLTech	₹3.5 Lakhs to ₹14.3 Lakhs per year
Infosys	₹3.6 Lakhs to ₹12.6 Lakhs per year
Indira Gandhi National Open University	₹2.0 Lakhs to ₹12.1 Lakhs per year
Tech Mahindra	₹2.4 Lakhs to ₹12.6 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 IIT Bombay in India?

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

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹6.7 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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IIT Bombay Software Developer Salaries

IIT Bombay Software Developer salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IIT Bombay latest salaries received from various employees of IIT Bombay.