IndusInd Bank Senior Software Engineer Salaries by 7 Employees (Updated 2025)

4 - 10 years exp.

₹5.6 Lakhs - ₹8.7 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Senior Software Engineer Salary in Banking Companies for 4 - 10 years of experience

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Last Updated: 20 Feb 2025

Companies similar to IndusInd Bank for Senior Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bank of America Senior Software Engineer Salary 3 - 13 years exp. (972 salaries)	₹7.5 L/yr - ₹28.1 L/yr 131% more
Barclays Senior Software Engineer Salary 4 - 12 years exp. (266 salaries)	₹9.9 L/yr - ₹39.5 L/yr 211% more
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NatWest Group Senior Software Engineer Salary 2 - 12 years exp. (182 salaries)	₹10 L/yr - ₹33 L/yr 181% more
Standard Chartered Senior Software Engineer Salary 6 - 11 years exp. (144 salaries)	₹18.5 L/yr - ₹43.2 L/yr 247% more
Deutsche Bank Senior Software Engineer Salary 3 - 15 years exp. (100 salaries)	₹11.5 L/yr - ₹42 L/yr 249% more
IDFC FIRST Bank Senior Software Engineer Salary 3 - 9 years exp. (54 salaries)	₹23 L/yr - ₹42 L/yr 279% more
HSBC Global Banking and Markets Senior Software Engineer Salary 4 - 10 years exp. (43 salaries)	₹8 L/yr - ₹22 L/yr 106% more
NatWest Markets Senior Software Engineer Salary 5 - 13 years exp. (28 salaries)	₹12.5 L/yr - ₹32 L/yr 188% more
Axis Bank Senior Software Engineer Salary 4 - 10 years exp. (20 salaries)	₹5.3 L/yr - ₹15 L/yr 43% more
IDBI Bank Senior Software Engineer Salary 2 - 4 years exp. (18 salaries)	₹7 L/yr - ₹21.6 L/yr 66% more
ICICI Bank Senior Software Engineer Salary 2 - 10 years exp. (17 salaries)	₹4.7 L/yr - ₹13.1 L/yr 13% more
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AU Small Finance Bank Senior Software Engineer Salary 2 - 8 years exp. (13 salaries)	₹8.9 L/yr - ₹27.7 L/yr 96% more
Yes Bank Senior Software Engineer Salary 4 - 8 years exp. (8 salaries)	₹6.8 L/yr - ₹12 L/yr 31% more
Equitas Small Finance Bank Senior Software Engineer Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹16 L/yr 34% more
Ujjivan Small Finance Bank Senior Software Engineer Salary 2 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹20 L/yr 23% more

Senior Software Engineer salary at IndusInd Bank ranges between ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Senior Software Engineer salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹12.4 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹13.3 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.9 L/yr
9 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹16.7 L/yr
10 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹17.6 L/yr

View all

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Associate Software Engineer Salary

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Salary related reviews for IndusInd Bank

Programmer Analyst in Chennai

Full Time

Engineering - Software & QA Department

3.0

• posted on 18 Jan 2024

2.0

for Salary and Benefits

Likes

You can learn more work and knowledge. 100% job security and there is no delay in salary credit.

Skill development - Good

+1 more

Dislikes

No appraisal, Work environment was worst, need to work on Saturday and holidays. Salary is not satisfied.

Salary - Poor

+3 more

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Pathetic work experience, u will end up finding yourself as a telecaller. Yes u will get a good salary, but it will be on the cost of deteriorating your whole career. U won't get any value in the other banks, because all others know the bad quality of books, credit card telecalling, etc.

Salary - Good

Dislikes

Mentioned above

Skill development - Bad

+4 more

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

Assistant Manager in Nagaon

Full Time

Finance & Accounting Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

The challenges presented in my role push me to constantly learn and develop new skills. Working with a diverse team of colleagues allows for different perspectives and collaborative problem-solving

Salary - Good

+6 more

Dislikes

salary and benefits : Being underpaid for the work you perform can cause you to become unhappy.

Business Development Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 03 Jan 2025

2.0

for Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

Salary - Poor

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IndusInd Bank Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at IndusInd Bank ?

The average salary of a Senior Software Engineer at IndusInd Bank in India typically ranges from ₹5.6 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Senior Software Engineer at IndusInd Bank earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Senior Software Engineer Salaries at IndusInd 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 7 IndusInd Bank employees in India.

What is the estimated take home salary of a Senior Software Engineer at IndusInd Bank in India?

The estimated take-home salary of a Senior Software Engineer at IndusInd Bank in India typically ranges from ₹58,030 to ₹59,491 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 4 years to 10 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 7 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Senior Software Engineer in India?

IDFC FIRST Bank	₹23.0 Lakhs to ₹42.0 Lakhs per year
Deutsche Bank	₹11.5 Lakhs to ₹42.0 Lakhs per year
Standard Chartered	₹18.5 Lakhs to ₹43.2 Lakhs per year
Barclays	₹9.9 Lakhs to ₹39.5 Lakhs per year
NatWest Markets	₹12.5 Lakhs to ₹32.0 Lakhs per year

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

What is the salary of a Senior Software Engineer in companies similar to IndusInd Bank in India?

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

NatWest Group	₹10.0 Lakhs to ₹33.0 Lakhs per year
Bank of America	₹7.5 Lakhs to ₹28.1 Lakhs per year
HSBC Global Banking and Markets	₹8.0 Lakhs to ₹22.0 Lakhs per year
AU Small Finance Bank	₹8.9 Lakhs to ₹27.7 Lakhs per year
IDBI Bank	₹7.0 Lakhs to ₹21.6 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 Senior Software Engineer at IndusInd Bank in India?

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

Experience	Average Salary Range
4 years	₹5.6 Lakhs to ₹12.4 Lakhs per year
5 years	₹5.6 Lakhs to ₹13.3 Lakhs per year
6 years	₹3.1 Lakhs to ₹8.6 Lakhs per year
7 years	₹3.3 Lakhs to ₹8.6 Lakhs per year

and so on.

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IndusInd Bank Senior Software Engineer Salaries

IndusInd Bank Senior Software Engineer salary in India ranges between ₹5.6 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IndusInd Bank latest salaries received from various employees of IndusInd Bank.