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3.5

based on 11.3k Reviews

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IndusInd Bank Software Engineer salaries in Hyderabad / Secunderabad

Annual salary range
3 - 6 years exp.
₹7 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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10% more than the average Software Engineer Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 23 Nov 2023

Companies similar to IndusInd Bank for Software Engineer in Hyderabad / Secunderabad

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IndusInd Bank Software Engineer Salary

3 - 6 years exp. (5 salaries)
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₹7 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bank of America Software Engineer Salary

1 - 12 years exp. (144 salaries)
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₹6.4 L/yr - ₹23.9 L/yr

arrow icon 72% more
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ICICI Bank Software Engineer Salary

0 - 6 years exp. (34 salaries)
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₹2.3 L/yr - ₹11.4 L/yr

arrow icon 23% less
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NatWest Group Software Engineer Salary

0 - 10 years exp. (23 salaries)
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₹8 L/yr - ₹22 L/yr

arrow icon 100% more
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Standard Chartered Software Engineer Salary

2 - 7 years exp. (7 salaries)
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₹13 L/yr - ₹17 L/yr

arrow icon 42% more
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Axis Bank Software Engineer Salary

2 - 4 years exp. (6 salaries)
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₹4 L/yr - ₹6.4 L/yr

arrow icon 32% less
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IDFC FIRST Bank Software Engineer Salary

2 - 4 years exp. (4 salaries)
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₹4.4 L/yr - ₹11.9 L/yr

arrow icon 7% more
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HSBC Global Banking and Markets Software Engineer Salary

2 - 6 years exp. (4 salaries)
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₹5.8 L/yr - ₹7 L/yr

arrow icon 30% less
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AU Small Finance Bank Software Engineer Salary

4 - 5 years exp. (4 salaries)
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₹10 L/yr - ₹12 L/yr

arrow icon 11% more
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Yes Bank Software Engineer Salary

0 - 6 years exp. (3 salaries)
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₹5.2 L/yr - ₹10.5 L/yr

arrow icon 35% less
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Bank of Baroda Software Engineer Salary

2 - 5 years exp. (3 salaries)
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₹12.5 L/yr - ₹13.2 L/yr

arrow icon 37% more
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Deutsche Bank Software Engineer Salary

3 - 6 years exp. (3 salaries)
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₹9 L/yr - ₹22 L/yr

arrow icon 85% more
Software Engineer salary at IndusInd Bank ranges between ₹7 Lakhs to ₹11.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Software Engineer in Hyderabad / Secunderabad

1y ago
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3 years exp.

Experience wise IndusInd Bank Software Engineer salaries in Hyderabad / Secunderabad

Last Updated: 23 Nov 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.8 L/yr
4 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹12.3 L/yr

Similar Designation salaries in IndusInd Bank

Software Developer Salary
(4 salaries)
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₹5 L/yr - ₹10 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.

read more
  • Skill development - Good
    • +1 more

Dislikes

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

read more
  • 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 .

read more

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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Good

Dislikes

Mentioned above

  • Skill development - Bad
    • +4 more
see more salary related reviews

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IndusInd Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IndusInd Bank in Hyderabad / Secunderabad?
The average salary of a Software Engineer at IndusInd Bank in Hyderabad / Secunderabad typically ranges from ₹7.0 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Software Engineer in Hyderabad / Secunderabad at IndusInd Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 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 5 IndusInd Bank employees in India.
What is the estimated take home salary of a Software Engineer at IndusInd Bank in Hyderabad / Secunderabad?
The estimated take-home salary of a Software Engineer at IndusInd Bank in Hyderabad / Secunderabad typically ranges from ₹67,066 to ₹68,783 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 3 years 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 5 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 ₹22.0 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹22.0 Lakhs per year
Bank of America ₹6.4 Lakhs to ₹23.9 Lakhs per year
Standard Chartered ₹13.0 Lakhs to ₹17.0 Lakhs per year
Bank of Baroda ₹12.5 Lakhs to ₹13.2 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 Hyderabad / Secunderabad?
The salary of a Software Engineer at companies similar to IndusInd Bank in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank ₹10.0 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank ₹4.4 Lakhs to ₹11.9 Lakhs per year
ICICI Bank ₹2.3 Lakhs to ₹11.4 Lakhs per year
HSBC Global Banking and Markets ₹5.8 Lakhs to ₹7.0 Lakhs per year
Axis Bank ₹4.0 Lakhs to ₹6.4 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 Hyderabad / Secunderabad?
The salary growth for a Software Engineer at IndusInd Bank in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
3 years ₹7.6 Lakhs to ₹9.8 Lakhs per year
4 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
5 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
6 years ₹9.6 Lakhs to ₹12.3 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Software Engineer salary in Hyderabad / Secunderabad ranges between ₹7 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.