India Post Payments Bank Software Engineer Salaries by Employees (Updated 2024)

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₹7.2 Lakhs - ₹9.2 Lakhs

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Last Updated: 1 Feb 2024

Companies similar to India Post Payments Bank for Software Engineer

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Bank Muscat Software Engineer Salary 0 - 11 years exp. (13 salaries)	₹7.5 L/yr - ₹28.9 L/yr 118% more
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Bank of India Software Engineer Salary 0 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹9.7 L/yr 31% less
Oaknorth Bank Software Engineer Salary Fresher (4 salaries)	₹4 L/yr - ₹9.3 L/yr 14% less
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Software Engineer salary at India Post Payments Bank ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of India Post Payments Bank.

Salary related reviews for India Post Payments Bank

Branch Head in West Bengal

Finance & Accounting Department

1.0

• posted on 12 May 2021

2.0

for Salary and Benefits

Likes

...nsfer phobia from top management among employees. No cordination from top heads. No revised salary of 11 bps and arrears. Sometimes situation comes for decreasing Salary .

Operations Manager

Full Time

Risk Management & Compliance Department

1.0

• posted on 20 Jul 2019

4.0

for Salary and Benefits

Likes

Apart from salary and a flashy designation not even a single thing is there to like!

Dislikes

No learning at all! Be prepared to lose and forget the skills that you have developed over the years,while working with other banks as you will not get to do banking at all!!!!! One has to everything else from arranging camps in jhuggis and slums to configuring phones to handling service issues raised by customers,as post office counters refuse to serve the customers! And yes last but not the least, be prepared to get bashed by DoP officials and insensitive IPPB Corporate Office team. Don’t ever think of joining this bank as your career would go nowhere once you join this bank! Pathetic and worst organisation that I have ever worked with!

Banking Officer in Akola

Full Time

Finance & Accounting Department

1.0

• posted on 31 Dec 2023

1.0

for Salary and Benefits

Likes

Worst experience from IPPB which collaborated with India post i.e. govt. Entity. Don't apply such organization which needs target and has pressure over head every time.

Dislikes

I don't like this organization. Banking sector in India are in poor condition regarding humanitarian basis. They don't serve people but targeting people to fulfill business target. Such hectic can't explain in words.

Senior Branch Operations Manager in Palakkad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 24 Oct 2023

5.0

for Salary and Benefits

Likes

1. Opportunity to work with Government start up. 2. Work experience with the largest network, Department of Posts 3. Ability to serve the under privileged, financially excluded.

Dislikes

1. Staff to access point parity.

Senior Manager in Visakhapatnam

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 22 Nov 2023

5.0

for Salary and Benefits

Likes

Pay is good.

Dislikes

Third-party product sales is running the bank's own products. Server issue with the banking platform. Most importantly the basis of IPPB was built on was with help of DOP but they themselves have now become non-cooperative. No mental peace at all.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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India Post Payments Bank Software Engineer Salary FAQs

What is the notice period for Software Engineer at India Post Payments Bank?

According to AmbitionBox, 100% of the India Post Payments Bank Software Engineers reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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India Post Payments Bank Software Engineer Salaries

India Post Payments Bank Software Engineer salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of India Post Payments Bank.