IndusInd Bank Chennai Software Developer Salaries by 5 Employees

5 - 7 years exp.

₹5.1 Lakhs - ₹11 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Software Developer Salary in Banking Companies for 5 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 5 - 7 years exp. (3 salaries)	₹6.3 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Software Developer Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹10.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to IndusInd Bank for Software Developer in Chennai

IndusInd Bank Software Developer Salary

5 - 7 years exp. (5 salaries)

₹5.1 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Software Developer Salary 1 - 10 years exp. (67 salaries)	₹13.4 L/yr - ₹17 L/yr 46% more
Bank of America Software Developer Salary 1 - 9 years exp. (39 salaries)	₹6.8 L/yr - ₹25 L/yr 68% more
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NatWest Group Software Developer Salary 1 - 12 years exp. (26 salaries)	₹8.7 L/yr - ₹21.3 L/yr 100% more
Barclays Software Developer Salary 1 - 4 years exp. (8 salaries)	₹10 L/yr - ₹22 L/yr 70% more
Equitas Small Finance Bank Software Developer Salary 1 - 2 years exp. (4 salaries)	₹3.2 L/yr - ₹4.9 L/yr 53% less

Software Developer salary at IndusInd Bank ranges between ₹5.1 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Software Developer salaries in Chennai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (3 salaries)	₹5.1 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 L/yr

Top skills at IndusInd Bank for Software Developer

ASP.Net MVC MS SQL Server WCF Services Software Development C#.Net JQuery

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

Emerging Corporate Business Development Manager in Kolkata

Full Time

Other Department

3.0

• posted on 17 Mar 2025

3.0

for Salary and Benefits

Likes

When r u selected for company then salary hike is very good Continum is best policy for this bank .

Dislikes

Not proper training . Work culture is very bad Huge pressure and if unable to deliver then use own fund . Leaking leg upper management by Bm nd ASM for there won't job security and appraisal.

Skill development - Bad

+5 more

Deputy Manager Grade 2 in Chennai

Full Time

Legal & Regulatory Department

3.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

Job security - Good

+2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jan 2025

5.0

for Salary and Benefits

Likes

On time salary

Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

Skill development - Bad

+5 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

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IndusInd Bank Software Developer Salary FAQs

What is the salary of Software Developer at IndusInd Bank in Chennai?

The average salary of a Software Developer at IndusInd Bank in Chennai typically ranges from ₹5.1 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Software Developer in Chennai at IndusInd Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Software Developer 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 5 IndusInd Bank employees in India.

What is the estimated take home salary of a Software Developer at IndusInd Bank in Chennai?

The estimated take-home salary of a Software Developer at IndusInd Bank in Chennai typically ranges from ₹66,817 to ₹68,527 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 5 years to 7 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 5 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Developer at IndusInd Bank in Chennai?

To be a Software Developer at IndusInd Bank in Chennai, the key skills required include:

- ASP.Net MVC
- MS SQL Server
- WCF Services
- Software Development
- C#.Net

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

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

NatWest Group	₹8.7 Lakhs to ₹21.3 Lakhs per year
Barclays	₹10.0 Lakhs to ₹22.0 Lakhs per year
Bank of America	₹6.8 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹13.4 Lakhs to ₹17.0 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 Software Developer in companies similar to IndusInd Bank in Chennai?

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

Equitas Small Finance Bank

₹3.2 Lakhs to ₹4.9 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 IndusInd Bank in Chennai?

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

Experience	Average Salary Range
5 years	₹5.1 Lakhs to ₹11.0 Lakhs per year
6 years	₹8.7 Lakhs to ₹11.2 Lakhs per year
7 years	₹9.0 Lakhs to ₹11.6 Lakhs per year

and so on.

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IndusInd Bank Software Developer Salaries in Chennai

IndusInd Bank Software Developer salary in Chennai ranges between ₹5.1 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.