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

1 - 6 years exp.

₹3.5 Lakhs - ₹9.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Software Engineer Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Last Updated: 30 Mar 2025

Companies similar to IndusInd Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bank of America Software Engineer Salary 1 - 12 years exp. (1.1k salaries)	₹6.6 L/yr - ₹27.3 L/yr 100% more
NatWest Group Software Engineer Salary 0 - 12 years exp. (997 salaries)	₹8 L/yr - ₹29.9 L/yr 129% more
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Barclays Software Engineer Salary 0 - 7 years exp. (252 salaries)	₹8.1 L/yr - ₹24.5 L/yr 108% more
Standard Chartered Software Engineer Salary 0 - 7 years exp. (142 salaries)	₹6 L/yr - ₹25 L/yr 75% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (132 salaries)	₹9 L/yr - ₹32 L/yr 129% more
ICICI Bank Software Engineer Salary 0 - 5 years exp. (80 salaries)	₹3.2 L/yr - ₹11.7 L/yr 2% less
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 18% less
NatWest Markets Software Engineer Salary 0 - 10 years exp. (52 salaries)	₹8 L/yr - ₹24 L/yr 91% more
IDFC FIRST Bank Software Engineer Salary 0 - 5 years exp. (45 salaries)	₹4 L/yr - ₹16.2 L/yr 20% more
AU Small Finance Bank Software Engineer Salary 0 - 5 years exp. (35 salaries)	₹3.8 L/yr - ₹15.8 L/yr 16% more
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 37% less
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HSBC Global Banking and Markets Software Engineer Salary 1 - 5 years exp. (20 salaries)	₹5 L/yr - ₹10.4 L/yr 16% less
IDBI Bank Software Engineer Salary 2 - 3 years exp. (10 salaries)	₹5.1 L/yr - ₹16 L/yr 16% more
Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	₹9.9 L/yr - ₹18.2 L/yr 55% more
Equitas Small Finance Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.9 L/yr - ₹5.1 L/yr 56% less
Federal Bank Software Engineer Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹9 L/yr 49% less
Bank of Maharashtra Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹18.6 L/yr 16% more
Ujjivan Small Finance Bank Software Engineer Salary 3 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹12 L/yr 20% more
Jana Small Finance Bank Software Engineer Salary 2 - 4 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 34% less
Indian Overseas Bank Software Engineer Salary 2 - 7 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 20% less

View all

Software Engineer salary at IndusInd Bank ranges between ₹3.5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Software Engineer salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
2 years (3 salaries)	₹3.1 L/yr - ₹11.4 L/yr
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3 years (5 salaries)	₹2.8 L/yr - ₹9 L/yr
4 years (4 salaries)	₹5.5 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.4 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr

View all

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 - ₹17 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

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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IndusInd Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IndusInd Bank ?

The average salary of a Software Engineer at IndusInd Bank in India typically ranges from ₹3.5 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Engineer at IndusInd Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. 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 10+ IndusInd Bank employees in India.

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 in India typically ranges from ₹60,028 to ₹61,545 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ 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 Software Engineer in India?

NatWest Group	₹8.0 Lakhs to ₹29.9 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹32.0 Lakhs per year
Barclays	₹8.1 Lakhs to ₹24.5 Lakhs per year
Bank of America	₹6.6 Lakhs to ₹27.3 Lakhs per year
NatWest Markets	₹8.0 Lakhs to ₹24.0 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 Engineer in companies similar to IndusInd Bank in India?

The salary of a 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:

Standard Chartered	₹6.0 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda	₹9.9 Lakhs to ₹18.2 Lakhs per year
IDFC FIRST Bank	₹4.0 Lakhs to ₹16.2 Lakhs per year
Ujjivan Small Finance Bank	₹5.5 Lakhs to ₹12.0 Lakhs per year
AU Small Finance Bank	₹3.8 Lakhs to ₹15.8 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 Engineer at IndusInd Bank in India?

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

Experience	Average Salary Range
1 year	₹4.6 Lakhs to ₹5.9 Lakhs per year
2 years	₹3.1 Lakhs to ₹11.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹9.0 Lakhs per year
4 years	₹5.5 Lakhs to ₹9.0 Lakhs per year

and so on.

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IndusInd Bank Software Engineer Salaries

IndusInd Bank Software Engineer salary in India ranges between ₹3.5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 IndusInd Bank latest salaries received from various employees of IndusInd Bank.