IndusInd Bank Mumbai Software Engineer Salaries by 4 Employees (Updated 2024)

1 - 3 years exp.

₹3.6 Lakhs - ₹12.1 Lakhs

Salary of majority employees

16% more than the average Software Engineer Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 25 Oct 2024

Companies similar to IndusInd Bank for Software Engineer in Mumbai

IndusInd Bank Software Engineer Salary

1 - 3 years exp. (4 salaries)

₹3.6 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 1 - 7 years exp. (53 salaries)	₹3.7 L/yr - ₹12 L/yr 4% less
ICICI Bank Software Engineer Salary 1 - 3 years exp. (8 salaries)	₹6.2 L/yr - ₹10.3 L/yr 4% less
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Axis Bank Software Engineer Salary 1 - 5 years exp. (22 salaries)	₹3 L/yr - ₹9.9 L/yr 21% less
Kotak Mahindra Bank Software Engineer Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹18.7 L/yr 46% more
Yes Bank Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹7 L/yr 36% less
IDFC FIRST Bank Software Engineer Salary 1 - 4 years exp. (12 salaries)	₹3.8 L/yr - ₹11.8 L/yr 21% less
RBL Bank Software Engineer Salary 0 - 3 years exp. (22 salaries)	₹4 L/yr - ₹15 L/yr 13% more
Bank of America Software Engineer Salary 1 - 12 years exp. (175 salaries)	₹7 L/yr - ₹28 L/yr 88% more
Barclays Software Engineer Salary 0 - 5 years exp. (13 salaries)	₹10.4 L/yr - ₹18.1 L/yr 91% more
DCB Bank Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹6.7 L/yr 41% less
Deutsche Bank Software Engineer Salary 2 - 6 years exp. (4 salaries)	₹9 L/yr - ₹28 L/yr 143% more	1 job opening
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AU Small Finance Bank Software Engineer Salary 2 - 3 years exp. (3 salaries)	₹12.3 L/yr - ₹14 L/yr 45% more
Reserve Bank of India Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹10 L/yr 34% less

Software Engineer salary at IndusInd Bank ranges between ₹3.6 Lakhs to ₹12.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Software Engineer salaries in Mumbai

Last Updated: 25 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.1 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹11.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.3 L/yr

Similar Designation salaries in IndusInd Bank

Software Developer Salary

(8 salaries)

₹6 L/yr - ₹12 L/yr

Web Developer Salary

(3 salaries)

₹5.7 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.

Dislikes

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

Select Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

Associate Service Delivery Manager in Pune

Full Time

Other Department

5.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Dislikes

Hr not supportive Last 4 month handle the branch no SDM no rm in branch Salary 20k work 2 people Reporting manager not supportive Rating 2.71 but still not promoted Handle cash counter and customer service desk last 4 month Hr not responding call and mails Salary satisfaction no as per work load Last year wall of fram in indusind bank but still not appreciated

Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 30 Oct 2024

2.0

for Salary and Benefits

Likes

100% job secured untill the officer involved into a unerased disciplinary mistakes. He/she will be survived for decades.

Dislikes

Not a salary match for vintages basis market norms, new joiners provide more CTC than the existed floor managers. Pay scale revision should effectively implement for designation & grade wise.

Service Delivery Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Software Engineer Salary FAQs

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

Software Engineer salary at IndusInd Bank in Mumbai ranges between ₹3.6 Lakhs to ₹12.1 Lakhs for experience between 1 years to 3 years. According to our estimates it is 16% more than the average Software Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank Mumbai.

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

The average salary of a Software Engineer at IndusInd Bank is 16% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.

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

Deutsche Bank Software Engineer Salary - ₹9.0 Lakhs to ₹28.0 Lakhs per year
Barclays Software Engineer Salary - ₹10.4 Lakhs to ₹18.1 Lakhs per year
Bank of America Software Engineer Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹6.0 Lakhs to ₹18.7 Lakhs per year
AU Small Finance Bank Software Engineer Salary - ₹12.3 Lakhs to ₹14.0 Lakhs per year

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

RBL Bank Software Engineer Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Software Engineer Salary - ₹3.7 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Software Engineer Salary - ₹6.2 Lakhs to ₹10.3 Lakhs per year
Axis Bank Software Engineer Salary - ₹3.0 Lakhs to ₹9.9 Lakhs per year
IDFC FIRST Bank Software Engineer Salary - ₹3.8 Lakhs to ₹11.8 Lakhs per year

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

The estimated take-home salary of a Software Engineer at IndusInd Bank ranges between ₹62,769 per month to ₹64,364 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Software Engineer salary in India which ranges between ₹3.6 Lakhs to ₹12.1 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the IndusInd Bank Software Engineers in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Software Engineer Salaries in Mumbai

IndusInd Bank Software Engineer salary in Mumbai ranges between ₹3.6 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.