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JPMorgan Chase & Co. IT Engineer salaries in India

Annual salary range
1 - 5 years exp.
₹8 Lakhs - ₹26 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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283% more than the average IT Engineer Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 4 Mar 2023

Companies similar to JPMorgan Chase & Co. for IT Engineer

Company name Avg Annual Salary Open Jobs
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BNP Paribas IT Engineer Salary

1 - 6 years exp. (12 salaries)

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₹4.6 L/yr - ₹9 L/yr

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Bajaj Finserv IT Engineer Salary

0 - 6 years exp. (4 salaries)

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₹2.4 L/yr - ₹5 L/yr

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UBS IT Engineer Salary

0 - 11 years exp. (4 salaries)

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₹6 L/yr - ₹8.5 L/yr

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American Express IT Engineer Salary

0 - 14 years exp. (4 salaries)

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₹2.5 L/yr - ₹30.5 L/yr

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Wells Fargo IT Engineer Salary

∞ - -∞ years exp. (4 salaries)

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₹4.8 L/yr - ₹10.3 L/yr

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Marsh McLennan IT Engineer Salary

1 - 8 years exp. (3 salaries)

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₹6 L/yr - ₹11 L/yr

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IT Engineer salary at JPMorgan Chase & Co. ranges between ₹8 Lakhs to ₹26 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. IT Engineer

1y ago
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4 years exp.

Experience wise JPMorgan Chase & Co. IT Engineer salaries

Last Updated: 4 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹7.3 L/yr - ₹26 L/yr
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹33.5 L/yr
3 years (AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.9 L/yr
4 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹22 L/yr

Similar Designation salaries in JPMorgan Chase & Co.

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₹4 L/yr - ₹10.5 L/yr
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₹15.4 L/yr - ₹47 L/yr
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₹4.5 L/yr - ₹9.5 L/yr
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IT Team Lead Salary
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₹5.84 L/yr - ₹28.84 L/yr
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₹6.58 L/yr - ₹23.8 L/yr
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IT Associate Salary
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Salary related reviews for JPMorgan Chase & Co.

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 27 Jan 2025

3.0
 for  Salary and Benefits

Likes

Nothing so far.

  • Skill development - Good
  • +1 more

Dislikes

...of work instead they will force you to learn something they have in the project. And if you refuse to learn they will give you very poor rating and they will stop your salary hike for the year.

read more
  • Promotions - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Salary is decent compared to industry average. Also, You don’t need to worry about the job security unless you are really bad. Work life balance depends on which line of business and what team are you working.

read more
  • Salary - Good
  • +5 more

Dislikes

Promotions are too slow compared to your peers in US or UK. A person will stay as an Analyst or Associate for years and your peer will become a Vice President or even an Executive Director within the same timelines. Your promotions are hardly based on your performance and mostly based on how much good relationship you have with your manager and how much the management has endorsed you as a brand.

read more

Full Time

 · 

Product Management Department

5.0
  •  posted on 08 Jan 2025

5.0
 for  Salary and Benefits

Likes

Jp Morgan provides the best in class inclusivity and job security and competitive compensation along with perfect work life balance and a culture that makes you feel like making it the only company you would ever wanna work for.

read more
  • Salary - Excellent
  • +5 more

Dislikes

The thing I disliked was the interview for internal job postings. Whilst they do multiple interviews but they still open job requisition in accordance to the person they have in mind.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 05 Jan 2025

1.0
 for  Salary and Benefits

Likes

JP MORGAN brand Transport facility if you take Insurance Hybrid - that too controlled

Dislikes

...like and don’t worry if anyone resigns and goes Pay is too less. 8% is avg hike. Even after 6-7 years your salary will be 10-11 lpa Office poltics, favoritism too much Better look for something else out.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 22 Dec 2024

4.0
 for  Salary and Benefits

Likes

Company is good. It has good policies for their employees. Providing decent salary, good bonus and other great perquisites. Employees transportation and insurance cost is borne by the company and not charged from employees. Every employee is covered not just under medical insurance but under term life insurance also.

read more
  • Salary - Good
  • +4 more

Dislikes

1. No leave encashment policy. Balance leaves will be encashed only if you are leaving the company. 2. With respect to work life balance this company is not too good. 3. This company is not an HR oriented company. Meaning it is little bit difficult to approach HR. I am not much aware of whether HR is taking any sessions or interacting with operations employees to know the working situation.

read more
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JPMorgan Chase & Co. IT Engineer Salary FAQs

What is the salary of IT Engineer at JPMorgan Chase & Co. ?
The average salary of a IT Engineer at JPMorgan Chase & Co. in India typically ranges from ₹8.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of IT Engineer at JPMorgan Chase & Co. earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. IT Engineer Salaries at JPMorgan Chase & Co. 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 4 JPMorgan Chase & Co. employees in India.
What is the estimated take home salary of a IT Engineer at JPMorgan Chase & Co. in India?
The estimated take-home salary of a IT Engineer at JPMorgan Chase & Co. in India typically ranges from ₹1,26,421 to ₹1,30,533 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a IT Engineer in companies similar to JPMorgan Chase & Co. in India?
The salary of a IT Engineer at companies similar to JPMorgan Chase & Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

American Express ₹2.5 Lakhs to ₹30.5 Lakhs per year
Wells Fargo ₹4.8 Lakhs to ₹10.3 Lakhs per year
Marsh McLennan ₹6.0 Lakhs to ₹11.0 Lakhs per year
UBS ₹6.0 Lakhs to ₹8.5 Lakhs per year
BNP Paribas ₹4.6 Lakhs to ₹9.0 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 IT Engineer at JPMorgan Chase & Co. in India?
The salary growth for a IT Engineer at JPMorgan Chase & Co. depends on factors such as experience, performance, and promotions. On average, a IT Engineer can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience Average Salary Range
1 year ₹7.3 Lakhs to ₹26.0 Lakhs per year
2 years ₹8.0 Lakhs to ₹33.5 Lakhs per year
3 years ₹17.1 Lakhs to ₹21.9 Lakhs per year
4 years ₹7.8 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

JPMorgan Chase & Co. IT Engineer salary in India ranges between ₹8 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..