JPMorgan Chase & Co. Mumbai Software Developer 1 Salaries by 10 Employees (Updated 2025)

0 - 3 years exp.

₹10 Lakhs - ₹23 Lakhs

Salary of majority employees

126% more than the average Software Developer 1 Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer 1 Salary 1 - 3 years exp. (6 salaries)	₹10 L/yr - ₹23 L/yr
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IT & Information Security Software Developer 1 Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹11.6 L/yr - ₹13 L/yr

Last Updated: 27 Feb 2025

Companies similar to JPMorgan Chase & Co. for Software Developer 1 in Mumbai

JPMorgan Chase & Co. Software Developer 1 Salary

0 - 3 years exp. (10 salaries)

₹10 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Software Developer 1 Salary 3 - 5 years exp. (3 salaries)	₹4.4 L/yr - ₹5.6 L/yr 69% less
Bank of America Software Developer 1 Salary 0 - 6 years exp. (5 salaries)	₹6.7 L/yr - ₹12 L/yr 37% less
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Jio Platforms Software Developer 1 Salary 0 - 5 years exp. (14 salaries)	₹5 L/yr - ₹9.4 L/yr 60% less
TCS Software Developer 1 Salary 1 - 5 years exp. (11 salaries)	₹2.6 L/yr - ₹10 L/yr 65% less
Jio Software Developer 1 Salary 1 - 4 years exp. (5 salaries)	₹6 L/yr - ₹8.9 L/yr 52% less

Software Developer 1 salary at JPMorgan Chase & Co. ranges between ₹10 Lakhs to ₹23 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 10 latest salaries received from various employees of JPMorgan Chase & Co..

Experience wise JPMorgan Chase & Co. Software Developer 1 salaries in Mumbai

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.2 L/yr - ₹18 L/yr
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹28.1 L/yr
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2 years (4 salaries)	₹13 L/yr - ₹20 L/yr
3 years (4 salaries)	₹10 L/yr - ₹23 L/yr

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Salary related reviews for JPMorgan Chase & Co.

Senior Associate in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

... repetitive work . One can manage and make a balance in personal and work stuff. Salary is good if you negotiate good at the time of joining. Later it becomes stagnant ( bonus is good )

Salary - Good

+2 more

Dislikes

Work , skill development , self growth is quite difficult as mostly old technologies are running since years . Senior monopoly. Very less scope for new comer to learn , implement new things , gives ideas and growth . Few people sitting since inception at senior level , they do not move resulting impacting your growth .

Skill development - Bad

+2 more

Technical Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 17 Jul 2024

4.0

for Salary and Benefits

Likes

Its a good mix of work culture and ethnicity. I do like the new age set of workplace and people to work with. Happy to be here

Salary - Good

+6 more

Dislikes

Well from my line of business the pay isnt that great but it isnt mediocre either. I would say you will be pleased. And that is the only con as of now

Senior Associate in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• posted on 19 Jun 2024

2.0

for Salary and Benefits

Likes

Flexibility at work, Latest tech, You can learn development if you are at automation work, Managers are good, but ? Job security if you work good.

Job security - Good

+2 more

Dislikes

Salary is less, Promotion could be delayed, Work without salary hike and Promotions.

Salary - Poor

+1 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 20 May 2024

4.0

for Salary and Benefits

Likes

Good Work Culture Work Life Balance is Good Joining Package is good You have the freedom to express your views and provide your input Works on latest tech. Very active on picking up latest tech to the project.

Salary - Good

+5 more

Dislikes

-Hike are average -Employees who are not working good or are too bad both in personality as well as professionality are given way too much leniency which makes it very tough for other employees who are trying to do good for the project. -Office politics are fairly visible from the onshore US teams.

Promotions - Poor

Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 May 2024

3.0

for Salary and Benefits

Likes

Good office facilities Free cab service Decent pay and compensation Good and challenging work

Dislikes

Very long working hours No work life balance Favouritism worst culture Micro management and office politics Micro aggression ,ED and vps abusing people on call No job security , if you raise any concern the managers would target you and sideline you. Even company doesnot bother to fix the issues rather want employee to suffer

Skill development - Bad

+5 more

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Request for Job Referral or Guidance

Hi , I hope you're doing well! I am fresher , and I am a 2024 BE(CSE) graduate currently looking for an entry-level position. I am skilled in Python, SQL, web technologies, and Django, and I’m eager to apply my knowledge in a professional setting. As a fresher, I am open to any role that will help me grow and learn. If you know of any job openings or can provide any referrals or guidance, I would greatly appreciate it. Thank you for your time . TCS Cognizant Kumaran Systems Zoho Infinite Computer Solutions AccentureVirtusa Consulting Services Oracle IBM Mphasis LTIMindtree Capgemini AVASOFT Genpact Maveric Systems Wipro HCLTech Hexaware Technologies Tech Mahindra StartupLanes Freshworks UST Intel Ramco Systems JPMorgan Chase & Co. #fresher#it#developer#hr

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JPMorgan Chase & Co. Software Developer 1 Salary FAQs

What is the salary of Software Developer 1 at JPMorgan Chase & Co. Mumbai?

Software Developer 1 salary at JPMorgan Chase & Co. in Mumbai ranges between ₹10.0 Lakhs to ₹23.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 126% more than the average Software Developer 1 Salary in India. Salary estimates are based on 10 latest salaries received from various employees of JPMorgan Chase & Co. Mumbai.

How does the salary of a Software Developer 1 at JPMorgan Chase & Co. Mumbai compare with the average salary range for this job?

The average salary of a Software Developer 1 at JPMorgan Chase & Co. is 126% more than the average salary of a Software Developer 1 in Mumbai. To know exact salary insights, login to view.

What is the salary of a Software Developer 1 in companies similar to JPMorgan Chase & Co. in Mumbai?

Bank of America Software Developer 1 Salary - ₹6.7 Lakhs to ₹12.0 Lakhs per year
Jio Software Developer 1 Salary - ₹6.0 Lakhs to ₹8.9 Lakhs per year
Jio Platforms Software Developer 1 Salary - ₹5.0 Lakhs to ₹9.4 Lakhs per year
TCS Software Developer 1 Salary - ₹2.6 Lakhs to ₹10.0 Lakhs per year
Morgan Stanley Software Developer 1 Salary - ₹4.4 Lakhs to ₹5.6 Lakhs per year

What is the estimated take home salary of a Software Developer 1 at JPMorgan Chase & Co. in Mumbai?

The estimated take-home salary of a Software Developer 1 at JPMorgan Chase & Co. ranges between ₹1,06,964 per month to ₹1,09,911 per month in Mumbai. The take-home salary calculation is based on the average JPMorgan Chase & Co. Software Developer 1 salary in India which ranges between ₹10.0 Lakhs to ₹23.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Developer 1 at JPMorgan Chase & Co. in Mumbai?

According to AmbitionBox, 78% of the JPMorgan Chase & Co. Software Developer 1s in Mumbai reported a notice period of 2 Months, 22% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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JPMorgan Chase & Co. Software Developer 1 Salaries in Mumbai

JPMorgan Chase & Co. Software Developer 1 salary in Mumbai ranges between ₹10 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..