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JPMorgan Chase & Co. Software Developer salaries in Mumbai (Updated 2025)

Annual salary range
0 - 11 years exp.
₹12.1 Lakhs - ₹44 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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174% more than the average Software Developer Salary in Financial Services Companies for 0 - 11 years of experience

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Last Updated: 31 Mar 2025

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

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JPMorgan Chase & Co. Software Developer Salary

0 - 11 years exp. (115 salaries)

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₹12.1 L/yr - ₹44 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morgan Stanley Software Developer Salary

2 - 7 years exp. (78 salaries)

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₹11.4 L/yr - ₹45 L/yr

arrow icon 10% more
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BNP Paribas Software Developer Salary

0 - 6 years exp. (55 salaries)

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₹5.9 L/yr - ₹16 L/yr

arrow icon 65% less
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₹3.3 L/yr - ₹12 L/yr

arrow icon 74% less
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₹7 L/yr - ₹20 L/yr

arrow icon 47% less
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Morningstar Software Developer Salary

1 - 6 years exp. (22 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 46% less
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UBS Software Developer Salary

1 - 12 years exp. (20 salaries)

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₹9.5 L/yr - ₹30 L/yr

arrow icon 19% less
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₹11 L/yr - ₹15.7 L/yr

arrow icon 52% less
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Marsh McLennan Software Developer Salary

2 - 7 years exp. (6 salaries)

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₹4.2 L/yr - ₹8.4 L/yr

arrow icon 72% less
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Citicorp Software Developer Salary

2 - 6 years exp. (4 salaries)

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₹13.5 L/yr - ₹26.6 L/yr

arrow icon 13% less
Software Developer salary at JPMorgan Chase & Co. ranges between ₹12.1 Lakhs to ₹44 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 115 latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. Software Developer in Mumbai

3d ago
₹27 Lakhs
2 years exp.
4d ago
₹20.4 Lakhs
5 years exp.
4d ago
₹40 Lakhs
5 years exp.
4d ago
₹40 Lakhs
5 years exp.
4d ago
₹25 Lakhs
3 years exp.
1w ago
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5 years exp.
1w ago
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5 years exp.
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5 years exp.
1w ago
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7 years exp.
2w ago
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11 years exp.

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

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.8 L/yr
1 year  (7 salaries)

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₹13.5 L/yr - ₹36 L/yr
2 years  (11 salaries)

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₹12 L/yr - ₹27 L/yr
3 years  (6 salaries)

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₹10 L/yr - ₹30 L/yr
4 years  (8 salaries)

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₹9.4 L/yr - ₹24 L/yr
View all

Similar Designation salaries in JPMorgan Chase & Co.

Software Engineer Salary
(440 salaries)
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₹9.93 L/yr - ₹43 L/yr
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₹8.6 L/yr - ₹33.44 L/yr
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₹15 L/yr - ₹37.6 L/yr
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₹20 L/yr - ₹58 L/yr
Java Developer Salary
(19 salaries)
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₹9.3 L/yr - ₹25.75 L/yr
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₹12 L/yr - ₹24.91 L/yr
Web Developer Salary
(9 salaries)
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₹5.01 L/yr - ₹12.5 L/yr
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₹25 L/yr - ₹30.88 L/yr

Top skills at JPMorgan Chase & Co. for Software Developer

Finance HR Operations technology Finance Technology Django Java Software Development Python Operations Angular CTO Spring

Salary related reviews for JPMorgan Chase & Co.

3.9

Rated by 12 employees for salary & benefits

Engineering - Software & QA Department

4.0
  •  posted on 12 Sep 2022

4.0
 for  Salary and Benefits

Likes

Very inclusive workplace. People are professional and the pay is decent (but not top tier).

read more
  • Salary - Good
  • +4 more

Dislikes

Hybrid. Everything could be done better at home as most people just spend their time in-office on zoom calls with other countries.

read more

Engineering - Software & QA Department

4.0
  •  posted on 06 Dec 2018

5.0
 for  Salary and Benefits

Likes

It's a great brand with good hike and bonus.

  • Salary - Excellent
  • +6 more

Dislikes

Some managers are too aggressive towards work. They expect you to be expert if you are doing some work 2nd time. They expect everything to be done in the way they expect, if you do something in ur way it's wrong for them

read more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 01 Mar 2025

5.0
 for  Salary and Benefits

Likes

...balanced, at times one may need to stretch, but organization never encourage it. Salary at par, and great perks given too.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No wfh option available with the recent changes announced by the top management. However flexibility will be given based on personal requirements, fingers crossed.

read more

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 )

read more
  • 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 .

read more
  • Skill development - Bad
  • +2 more

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

read more
  • 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

read more
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JPMorgan Chase & Co. Software Developer Salary FAQs

What is the salary of Software Developer at JPMorgan Chase & Co. in Mumbai?
The average salary of a Software Developer at JPMorgan Chase & Co. in Mumbai typically ranges from ₹12.1 Lakhs to ₹44.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Software Developer in Mumbai at JPMorgan Chase & Co. earn more than ₹31.0 Lakhs per year, and the top 1% earn over ₹41.4 Lakhs per year. Software Developer 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 100+ JPMorgan Chase & Co. employees in India.
What is the estimated take home salary of a Software Developer at JPMorgan Chase & Co. in Mumbai?
The estimated take-home salary of a Software Developer at JPMorgan Chase & Co. in Mumbai typically ranges from ₹1,63,509 to ₹1,69,765 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹44.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 100+ salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Developer at JPMorgan Chase & Co. in Mumbai?
To be a Software Developer at JPMorgan Chase & Co. in Mumbai, the key skills required include:

  • - Finance
  • - HR
  • - Operations
  • - technology
  • - Finance

These skills are highly valued at JPMorgan Chase & Co. and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than JPMorgan Chase & Co. for Software Developer in India?
Morgan Stanley ₹11.4 Lakhs to ₹45.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by JPMorgan Chase & Co., depending on the role and experience level.
What is the salary of a Software Developer in companies similar to JPMorgan Chase & Co. in Mumbai?
The salary of a Software Developer at companies similar to JPMorgan Chase & Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp ₹13.5 Lakhs to ₹26.6 Lakhs per year
UBS ₹9.5 Lakhs to ₹30.0 Lakhs per year
Morningstar ₹7.0 Lakhs to ₹24.0 Lakhs per year
TIAA Global Business Services ₹7.0 Lakhs to ₹20.0 Lakhs per year
Aditya Birla Capital ₹11.0 Lakhs to ₹15.7 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 Developer at JPMorgan Chase & Co. in Mumbai?
The salary growth for a Software Developer at JPMorgan Chase & Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience Average Salary Range
Fresher ₹17.1 Lakhs to ₹21.8 Lakhs per year
1 year ₹13.5 Lakhs to ₹36.0 Lakhs per year
2 years ₹12.0 Lakhs to ₹27.0 Lakhs per year
3 years ₹10.0 Lakhs to ₹30.0 Lakhs per year
and so on.

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JPMorgan Chase & Co. Software Developer salary in Mumbai ranges between ₹12.1 Lakhs to ₹44 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 115 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..