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JPMorgan Chase & Co. Software Engineer Level 1 salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
1 - 5 years exp.
₹12 Lakhs - ₹24 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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67% more than the average Software Engineer Level 1 Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 5 Apr 2025

Companies similar to JPMorgan Chase & Co. for Software Engineer Level 1 in Bangalore / Bengaluru

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JPMorgan Chase & Co. Software Engineer Level 1 Salary

1 - 5 years exp. (33 salaries)

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₹12 L/yr - ₹24 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹15.5 L/yr - ₹42 L/yr

arrow icon 110% more
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Oracle Cerner Software Engineer Level 1 Salary

0 - 4 years exp. (178 salaries)

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₹5.9 L/yr - ₹9.1 L/yr

arrow icon 56% less
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FIS Software Engineer Level 1 Salary

2 - 5 years exp. (111 salaries)

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₹5.1 L/yr - ₹12 L/yr

arrow icon 49% less
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Dell Software Engineer Level 1 Salary

1 - 6 years exp. (110 salaries)

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₹5.4 L/yr - ₹15 L/yr

arrow icon 36% less
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Allstate Software Engineer Level 1 Salary

2 - 5 years exp. (79 salaries)

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₹6.2 L/yr - ₹16 L/yr

arrow icon 47% less
Software Engineer Level 1 salary at JPMorgan Chase & Co. ranges between ₹12 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 33 latest salaries received from various employees of JPMorgan Chase & Co..

Latest annual salaries shared by JPMorgan Chase & Co. Software Engineer Level 1 in Bangalore / Bengaluru

2d ago
₹19 Lakhs
1 year exp.
1mo ago
₹19.8 Lakhs
2 years exp.
1mo ago
₹18.3 Lakhs
1 year exp.
1mo ago
₹20.5 Lakhs
1 year exp.
2mo ago
₹19 Lakhs
1 year exp.
2mo ago
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1 year exp.
3mo ago
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5 years exp.
4mo ago
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1 year exp.
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2 years exp.
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2 years exp.

Experience wise JPMorgan Chase & Co. Software Engineer Level 1 salaries in Bangalore / Bengaluru

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
1 year  (23 salaries)

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₹13.3 L/yr - ₹21 L/yr
2 years  (7 salaries)

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₹12 L/yr - ₹24 L/yr
3 years (AmbitionBox Estimate)

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₹15.6 L/yr - ₹19.9 L/yr
4 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 L/yr
5 years (AmbitionBox Estimate)

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₹15.5 L/yr - ₹19.8 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 2 - 9 years exp.
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arrow icon 51% hike
    Software Engineer III 2 - 15 years exp.
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    arrow icon 34% 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.

    Similar Designation salaries in JPMorgan Chase & Co.

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    ₹15.65 L/yr - ₹55 L/yr
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    ₹10.84 L/yr - ₹28 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.

    3.0

    Rated by 2 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. in Bangalore / Bengaluru?
    The average salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in Bangalore / Bengaluru typically ranges from ₹12.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Software Engineer Level 1 in Bangalore / Bengaluru at JPMorgan Chase & Co. earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹24.0 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 30+ JPMorgan Chase & Co. employees in India.
    What is the estimated take home salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in Bangalore / Bengaluru?
    The estimated take-home salary of a Software Engineer Level 1 at JPMorgan Chase & Co. in Bangalore / Bengaluru typically ranges from ₹1,17,160 to ₹1,20,436 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹24.0 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 30+ 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. in Bangalore / Bengaluru?
    To be a Software Engineer Level 1 at JPMorgan Chase & Co. in Bangalore / Bengaluru, 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 ₹15.5 Lakhs to ₹42.0 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 Bangalore / Bengaluru?
    The salary of a Software Engineer Level 1 at companies similar to JPMorgan Chase & Co. in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Dell ₹5.4 Lakhs to ₹15.0 Lakhs per year
    Allstate ₹6.2 Lakhs to ₹16.0 Lakhs per year
    FIS ₹5.1 Lakhs to ₹12.0 Lakhs per year
    Oracle Cerner ₹5.9 Lakhs to ₹9.1 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 Bangalore / Bengaluru?
    The salary growth for a Software Engineer Level 1 at JPMorgan Chase & Co. in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in Bangalore / Bengaluru can expect the following growth trajectory at JPMorgan Chase & Co.:

    Experience Average Salary Range
    1 year ₹13.3 Lakhs to ₹21.0 Lakhs per year
    2 years ₹12.0 Lakhs to ₹24.0 Lakhs per year
    3 years ₹15.6 Lakhs to ₹19.9 Lakhs per year
    4 years ₹15.5 Lakhs to ₹19.8 Lakhs per year
    and so on.

    Tell us how to improve this page.

    JPMorgan Chase & Co. Software Engineer Level 1 salary in Bangalore / Bengaluru ranges between ₹12 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..