INDMoney Software Development Engineer Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹15 Lakhs - ₹28 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹17 Lakhs

Variable (17%)

₹3.5 Lakhs

48% more than the average Software Development Engineer Salary in FinTech Companies for 0 - 3 years of experience

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Last Updated: 29 Nov 2024

Companies similar to INDMoney for Software Development Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Money Software Development Engineer Salary 2 - 4 years exp. (5 salaries)	₹13 L/yr - ₹18 L/yr 33% less
Groww Software Development Engineer Salary 0 - 4 years exp. (26 salaries)	₹17 L/yr - ₹40 L/yr 19% more
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Upstox Software Development Engineer Salary 0 - 4 years exp. (9 salaries)	₹15 L/yr - ₹28.6 L/yr 6% more
Angel One Software Development Engineer Salary 0 - 3 years exp. (10 salaries)	₹8 L/yr - ₹28 L/yr 14% less
Kotak Securities Software Development Engineer Salary 2 - 3 years exp. (4 salaries)	₹12 L/yr - ₹23 L/yr 13% less
BharatPe Software Development Engineer Salary 0 - 5 years exp. (21 salaries)	₹13 L/yr - ₹24 L/yr 4% less
ZestMoney Software Development Engineer Salary 0 - 5 years exp. (9 salaries)	₹10 L/yr - ₹21 L/yr 37% less
Jupiter Money Software Development Engineer Salary 0 - 4 years exp. (6 salaries)	₹20 L/yr - ₹27 L/yr 13% more
Eduvanz Software Development Engineer Salary 0 - 2 years exp. (5 salaries)	₹3 L/yr - ₹10 L/yr 66% less
Uni Cards Software Development Engineer Salary 0 - 2 years exp. (5 salaries)	₹20 L/yr - ₹33 L/yr 30% more
VSoft Technologies Software Development Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹6.5 L/yr 80% less
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Kissht Finance Software Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹10 L/yr - ₹14.5 L/yr 43% less
KhataBook Software Development Engineer Salary 3 - 9 years exp. (4 salaries)	₹35 L/yr - ₹45 L/yr 97% more
Innoviti Technologies Private Limited Software Development Engineer Salary 1 - 3 years exp. (3 salaries)	₹6.5 L/yr - ₹18.4 L/yr 49% less

Software Development Engineer salary at INDMoney ranges between ₹15 Lakhs to ₹28 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of INDMoney.

Experience wise INDMoney Software Development Engineer salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹15 L/yr - ₹15 L/yr
1 year (AmbitionBox Estimate)	₹6.6 L/yr - ₹21 L/yr
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2 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹23 L/yr
3 years (AmbitionBox Estimate)	₹28 L/yr - ₹28 L/yr

Similar Designation salaries in INDMoney

Software Developer Salary

(5 salaries)

₹11 L/yr - ₹15 L/yr

Software Engineer Salary

(34 salaries)

₹8.36 L/yr - ₹29 L/yr

Senior Software Engineer Salary

(24 salaries)

₹13 L/yr - ₹35 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Lead Software Engineer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹33.3 L/yr - ₹42.6 L/yr

Lead Engineer Salary

(3 salaries)

₹25 L/yr - ₹28 L/yr

Senior Associate Salary

(4 salaries)

₹4.15 L/yr - ₹4.8 L/yr

Team Lead Salary

(7 salaries)

₹5 L/yr - ₹10.5 L/yr

Technical Lead Salary

(4 salaries)

₹15.34 L/yr - ₹42.5 L/yr

Salary related reviews for INDMoney

3.6

Rated by 2 employees for salary & benefits

Senior Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 06 Oct 2024

3.0

for Salary and Benefits

Likes

1- Only wfh is available which is good. 2- Salary on time.

Dislikes

To much partiality done by manager's.In terms of appraisal. They do what they want to do no Hr intervention. Only 1 day off which is as per roster. Very toxic environment

Skill development - Bad

+5 more

Team Leader Financial Advisory in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Jun 2020

5.0

for Salary and Benefits

Likes

...fety of employees allowed work from home for us. And the same had been extended. There have been no salary cuts we are getting our complete salary and all the benefits are intact,

Salary - Excellent

+6 more

Dislikes

I love working at IND and there is nothing i dislike.

Product Manager in Gurgaon / Gurugram

Product Management Department

4.0

• posted on 08 Feb 2022

3.0

for Salary and Benefits

Likes

Working with the founder closely is simply amazing who has built multiple steller products in the past, extremely fast-paced environment, and chance to do a lot of consumer-facing experiments

Skill development - Excellent

+1 more

Dislikes

...nternal politics crept into the organization which derailed overall development. Also pay was not structured to incentivize for innovation

Job security - Poor

+1 more

Product Manager in Gurgaon / Gurugram

Full Time

Product Management Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Startup learning curve is steep

Dislikes

No appraisal if you are not showing visibility at the end despite how much you worked all year along No support from managers, they are only to make your life miserable People leaving all teams due to lack of priority No clear ambition for next few years Use and scrap engineers and product managers No flexibility

Salary - Bad

+6 more

Product Manager in Gurgaon / Gurugram

Full Time

Product Management Department

1.0

• posted on 06 Dec 2024

1.0

for Salary and Benefits

Likes

Work that could prove to be meaningful but no support given whatsoever

Dislikes

Priorities are not based on user but mood if CEO Blame games in form of micromanaging biweekly meetings Stunted ego of higher leadership who keep on creating new positions for themselves like randomly Director, Vice President whatever comes in their mind to keep their ego satisfied with hierarchy No work life balance Pathetic appraisal

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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INDMoney Software Development Engineer Salary FAQs

What is the salary of Software Development Engineer at INDMoney?

Software Development Engineer salary at INDMoney in India ranges between ₹15.0 Lakhs to ₹28.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 48% more than the average Software Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of INDMoney India.

How does the salary of a Software Development Engineer at INDMoney India compare with the average salary range for this job?

The average salary of a Software Development Engineer at INDMoney is 48% more than the average salary of a Software Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than INDMoney to a Software Development Engineer in India?

KhataBook Software Development Engineer Salary - ₹35.0 Lakhs to ₹45.0 Lakhs per year
Uni Cards Software Development Engineer Salary - ₹20.0 Lakhs to ₹33.0 Lakhs per year
Groww Software Development Engineer Salary - ₹17.0 Lakhs to ₹40.0 Lakhs per year
Jupiter Money Software Development Engineer Salary - ₹20.0 Lakhs to ₹27.0 Lakhs per year
Upstox Software Development Engineer Salary - ₹15.0 Lakhs to ₹28.6 Lakhs per year

What is the salary of a Software Development Engineer in companies similar to INDMoney in India?

BharatPe Software Development Engineer Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Kotak Securities Software Development Engineer Salary - ₹12.0 Lakhs to ₹23.0 Lakhs per year
Angel One Software Development Engineer Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
Paytm Money Software Development Engineer Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
ZestMoney Software Development Engineer Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Software Development Engineer at INDMoney in India?

The estimated take-home salary of a Software Development Engineer at INDMoney ranges between ₹1,34,292 per month to ₹1,39,228 per month in India. The take-home salary calculation is based on the average INDMoney Software Development Engineer salary in India which ranges between ₹15.0 Lakhs to ₹28.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Development Engineer at INDMoney?

According to AmbitionBox, 100% of the INDMoney Software Development Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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INDMoney Software Development Engineer Salaries

INDMoney Software Development Engineer salary in India ranges between ₹15 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 INDMoney latest salaries received from various employees of INDMoney.