IndusInd Bank Software Engineer Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹2.1 Lakhs - ₹9.8 Lakhs

Salary of majority employees

28% less than the average Software Engineer Salary in Banking Companies for 1 - 8 years of experience

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Last Updated: 1 Jan 2025

Companies similar to IndusInd Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 1 - 7 years exp. (92 salaries)	₹3 L/yr - ₹12.3 L/yr 31% more
ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	₹2.9 L/yr - ₹11.9 L/yr 33% more
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Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 15% more
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State Bank of India Software Engineer Salary 0 - 4 years exp. (8 salaries)	₹3.7 L/yr - ₹9 L/yr 42% more
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 12% less
IDFC FIRST Bank Software Engineer Salary 1 - 4 years exp. (37 salaries)	₹3.7 L/yr - ₹16.1 L/yr 55% more
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Punjab National Bank Software Engineer Salary 0 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹8 L/yr 15% less
Bank of America Software Engineer Salary 1 - 12 years exp. (1k salaries)	₹6.6 L/yr - ₹27.5 L/yr 175% more
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NatWest Group Software Engineer Salary 0 - 11 years exp. (870 salaries)	₹7.7 L/yr - ₹28 L/yr 191% more
Barclays Software Engineer Salary 0 - 7 years exp. (231 salaries)	₹6.8 L/yr - ₹24 L/yr 188% more
Standard Chartered Software Engineer Salary 1 - 10 years exp. (132 salaries)	₹12.8 L/yr - ₹24 L/yr 140% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (129 salaries)	₹9 L/yr - ₹32 L/yr 220% more	1 job opening
NatWest Markets Software Engineer Salary 0 - 10 years exp. (49 salaries)	₹8.3 L/yr - ₹24 L/yr 165% more
AU Small Finance Bank Software Engineer Salary 0 - 4 years exp. (33 salaries)	₹3.8 L/yr - ₹16.7 L/yr 60% more
HSBC Global Banking and Markets Software Engineer Salary 0 - 5 years exp. (25 salaries)	₹5 L/yr - ₹11.3 L/yr 21% more
IDBI Bank Software Engineer Salary 2 - 3 years exp. (10 salaries)	₹5.1 L/yr - ₹16 L/yr 62% more
DCB Bank Software Engineer Salary 1 - 4 years exp. (12 salaries)	₹4 L/yr - ₹6.8 L/yr 7% less

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Software Engineer salary at IndusInd Bank ranges between ₹2.1 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 17 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Software Engineer salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr
2 years (3 salaries)	₹3.1 L/yr - ₹8 L/yr
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3 years (5 salaries)	₹2.1 L/yr - ₹9 L/yr
4 years (3 salaries)	₹5.5 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹14.2 L/yr

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Similar Designation salaries in IndusInd Bank

Senior Engineer Salary

(3 salaries)

₹16 L/yr - ₹20 L/yr

System Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹4 L/yr

Senior Software Engineer Salary

(7 salaries)

₹5.6 L/yr - ₹8.74 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹30.6 L/yr - ₹39.1 L/yr

Software Developer Salary

(20 salaries)

₹5 L/yr - ₹15 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Web Developer Salary

(4 salaries)

₹3.6 L/yr - ₹5.9 L/yr

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

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

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Salary - Good

+5 more

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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IndusInd Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IndusInd Bank?

Software Engineer salary at IndusInd Bank in India ranges between ₹2.1 Lakhs to ₹9.8 Lakhs for experience between 1 years to 8 years. According to our estimates it is 28% less than the average Software Engineer Salary in India. Salary estimates are based on 17 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a Software Engineer at IndusInd Bank is 28% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Software Engineer in India?

Deutsche Bank Software Engineer Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
NatWest Group Software Engineer Salary - ₹7.7 Lakhs to ₹28.0 Lakhs per year
Barclays Software Engineer Salary - ₹6.8 Lakhs to ₹24.0 Lakhs per year
Bank of America Software Engineer Salary - ₹6.6 Lakhs to ₹27.5 Lakhs per year
NatWest Markets Software Engineer Salary - ₹8.3 Lakhs to ₹24.0 Lakhs per year

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

Standard Chartered Software Engineer Salary - ₹12.8 Lakhs to ₹24.0 Lakhs per year
Bank of Baroda Software Engineer Salary - ₹9.9 Lakhs to ₹18.2 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹9.9 Lakhs to ₹20.4 Lakhs per year
RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer at IndusInd Bank ranges between ₹44,595 per month to ₹45,692 per month in India. The take-home salary calculation is based on the average IndusInd Bank Software Engineer salary in India which ranges between ₹2.1 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at IndusInd Bank?

According to AmbitionBox, 62% of the IndusInd Bank Software Engineers reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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IndusInd Bank Software Engineer Salaries

IndusInd Bank Software Engineer salary in India ranges between ₹2.1 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 IndusInd Bank latest salaries received from various employees of IndusInd Bank.