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JPMorgan Chase & Co. Software Engineer Level 1 salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹11 Lakhs - ₹21 Lakhs
Salary of majority employees
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63% more than the average Software Engineer Level 1 Salary in Financial Services Companies for 1 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 23 Mar 2025

Companies similar to JPMorgan Chase & Co. for Software Engineer Level 1

Company name Avg Annual Salary Open Jobs
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FactSet Software Engineer Level 1 Salary

0 - 2 years exp. (36 salaries)

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₹8.9 L/yr - ₹12.8 L/yr

arrow icon 35% less
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₹15.8 L/yr - ₹42 L/yr

arrow icon 106% more
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₹6 L/yr - ₹9.7 L/yr

arrow icon 51% less
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₹9.7 L/yr - ₹11 L/yr

arrow icon 38% less
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Synchrony Software Engineer Level 1 Salary

2 - 6 years exp. (5 salaries)

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₹14.4 L/yr - ₹15.6 L/yr

arrow icon 8% less
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Wells Fargo Software Engineer Level 1 Salary

0 - 2 years exp. (5 salaries)

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₹18 L/yr - ₹24 L/yr

arrow icon 34% more
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₹12 L/yr - ₹28 L/yr

arrow icon 23% more
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HSBC Group Software Engineer Level 1 Salary

1 - 2 years exp. (4 salaries)

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₹9.6 L/yr - ₹17.5 L/yr

arrow icon 23% less
Software Engineer Level 1 salary at JPMorgan Chase & Co. ranges between ₹11 Lakhs to ₹21 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 55 latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. Software Engineer Level 1

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Experience wise JPMorgan Chase & Co. Software Engineer Level 1 salaries

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
1 year  (33 salaries)

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₹12 L/yr - ₹21 L/yr
2 years  (16 salaries)

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₹12 L/yr - ₹21 L/yr
3 years (AmbitionBox Estimate)

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₹11 L/yr - ₹29.3 L/yr
4 years  (3 salaries)

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₹13.8 L/yr - ₹17.6 L/yr
5 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹16.4 L/yr
JPMorgan Chase & Co. Software Engineer Level 1 Salary and Career Growth

From

To

Software Engineer Level 1

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1 - 5 years exp.

Software Engineer III

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2 - 15 years exp.

Software Engineer2 0 - 9 years exp.
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arrow icon 52% hike
    Software Engineer III 2 - 15 years exp.
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    arrow icon 39% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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    Java Developer Salary
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    ₹8.5 L/yr - ₹30 L/yr

    Top skills at JPMorgan Chase & Co. for Software Engineer Level 1

    Software Solutions Android IT Business Analysis Agile Coaching Artificial Intelligence Automation Testing Troubleshooting Human Resource Management Data Analytics Risk Management Python MongoDB Financial Services QlikView Application Development

    Salary related reviews for JPMorgan Chase & Co.

    3.5

    Rated by 5 employees for salary & benefits

    Full Time

     · 

    Engineering - Software & QA Department

    4.0
      •  posted on 08 May 2023

    4.0
     for  Salary and Benefits

    Likes

    Great culture, employee friendly management. job security yearly 2 bonus Hybrid WFH facilities, Internet chargers for WFH

    read more
    • Salary - Good
    • +4 more

    Dislikes

    ...rity purpose. Work life balance depends on project processes and your manager. Salary increment, promotion and bonus depends on your & your project visibility to higher management and how your manager present your efforts to higher manager. Your new tech stack/ certifications may not be useful as most of the applications are legacy.

    read more

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 02 May 2023

    4.0
     for  Salary and Benefits

    Likes

    Salary and Bonus is good point. Job Security is better compared to other IT companies

    read more
    • Salary - Good
    • +1 more

    Dislikes

    No Work life Banlance. Only Work you have to do. If you get bad manager then he will get out all juice you have as they are paying you. If Expecting promotion then you need to work your normal work 12 hrs, take additional work within team, Also need to take task on Ex Directive level. Meaning you need to work 24 hrs all saturday sundays to get Promotion. I have seen others doing it and same thing was expected from me.

    read more
    • Skill development - Poor
    • +4 more

    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

    5.0
      •  posted on 02 Oct 2019

    4.0
     for  Salary and Benefits

    Likes

    The work culture is very good , there are events organized to value the employees, they have free pickup/drop facilities which is quite good and also the cafeteria/work environment is also quite good which makes it a wonderful place to be at.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    Appraisal can be a bit dissapointing but that is complensated with a good bonus.

    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
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    JPMorgan Chase & Co. Software Engineer Level 1 Salary FAQs

    What is the salary of Software Engineer Level 1 at JPMorgan Chase & Co. ?
    The average salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in India typically ranges from ₹11.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Software Engineer Level 1 at JPMorgan Chase & Co. earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Software Engineer Level 1 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 50+ JPMorgan Chase & Co. employees in India.
    What is the estimated take home salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in India?
    The estimated take-home salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in India typically ranges from ₹1,10,898 to ₹1,13,972 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹21.0 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 50+ 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 Engineer Level 1 at JPMorgan Chase & Co. ?
    To be a Software Engineer Level 1 at JPMorgan Chase & Co. in india, the key skills required include:

    • - Software Solutions
    • - Android
    • - IT Business Analysis
    • - Agile Coaching
    • - Artificial Intelligence

    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 Engineer Level 1 in India?
    American Express ₹15.8 Lakhs to ₹42.0 Lakhs per year
    Wells Fargo ₹18.0 Lakhs to ₹24.0 Lakhs per year
    Morgan Stanley ₹12.0 Lakhs to ₹28.0 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 Engineer Level 1 in companies similar to JPMorgan Chase & Co. in India?
    The salary of a Software Engineer Level 1 at companies similar to JPMorgan Chase & Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Synchrony ₹14.4 Lakhs to ₹15.6 Lakhs per year
    HSBC Group ₹9.6 Lakhs to ₹17.5 Lakhs per year
    FactSet ₹8.9 Lakhs to ₹12.8 Lakhs per year
    Fidelity International ₹9.7 Lakhs to ₹11.0 Lakhs per year
    Bajaj Finserv ₹6.0 Lakhs to ₹9.7 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 Engineer Level 1 at JPMorgan Chase & Co. in India?
    The salary growth for a Software Engineer Level 1 at JPMorgan Chase & Co. depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 can expect the following growth trajectory at JPMorgan Chase & Co.:

    Experience Average Salary Range
    1 year ₹12.0 Lakhs to ₹21.0 Lakhs per year
    2 years ₹12.0 Lakhs to ₹21.0 Lakhs per year
    3 years ₹11.0 Lakhs to ₹29.3 Lakhs per year
    4 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
    and so on.

    Tell us how to improve this page.

    JPMorgan Chase & Co. Software Engineer Level 1 salary in India ranges between ₹11 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 55 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..