Mashreq Bank Software Developer Salaries by 4 Employees

1 - 9 years exp.

₹3.8 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

59% more than the average Software Developer Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 - 8 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹21.2 L/yr
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Consulting Software Developer Salary 5 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 14 Sep 2024

Companies similar to Mashreq Bank for Software Developer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Developer Salary 1 - 10 years exp. (136 salaries)	₹10 L/yr - ₹18.2 L/yr 12% less
ICICI Bank Software Developer Salary 1 - 7 years exp. (41 salaries)	₹2 L/yr - ₹12 L/yr 49% less
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Axis Bank Software Developer Salary 0 - 4 years exp. (53 salaries)	₹3.5 L/yr - ₹12.5 L/yr 36% less
State Bank of India Software Developer Salary 2 - 11 years exp. (13 salaries)	₹5 L/yr - ₹20 L/yr 8% less
Kotak Mahindra Bank Software Developer Salary 1 - 6 years exp. (40 salaries)	₹8.7 L/yr - ₹33.5 L/yr 57% more
IndusInd Bank Software Developer Salary 1 - 8 years exp. (20 salaries)	₹5 L/yr - ₹17 L/yr 29% less
Yes Bank Software Developer Salary 1 - 4 years exp. (5 salaries)	₹3.3 L/yr - ₹5.4 L/yr 61% less
Federal Bank Software Developer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 73% less
IDFC FIRST Bank Software Developer Salary 0 - 5 years exp. (62 salaries)	₹5.7 L/yr - ₹25 L/yr 4% more
RBL Bank Software Developer Salary 0 - 7 years exp. (21 salaries)	₹3 L/yr - ₹12 L/yr 41% less
Standard Chartered Software Developer Salary 1 - 10 years exp. (201 salaries)	₹16 L/yr - ₹25 L/yr 21% more
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Bank of America Software Developer Salary 0 - 9 years exp. (170 salaries)	₹6 L/yr - ₹24 L/yr 6% more
NatWest Group Software Developer Salary 0 - 11 years exp. (105 salaries)	₹8.2 L/yr - ₹30 L/yr 29% more
Deutsche Bank Software Developer Salary 1 - 4 years exp. (74 salaries)	₹9 L/yr - ₹25 L/yr 33% more
Gruppo Banca Sella Software Developer Salary 3 - 8 years exp. (14 salaries)	₹6 L/yr - ₹12 L/yr 40% less
Barclays Investment Bank Software Developer Salary 1 - 11 years exp. (12 salaries)	₹9.9 L/yr - ₹23.4 L/yr 30% more
ANZ Banking Group Software Developer Salary 0 - 12 years exp. (11 salaries)	₹4.6 L/yr - ₹15.5 L/yr 20% less
NatWest Markets Software Developer Salary 0 - 12 years exp. (8 salaries)	₹6.5 L/yr - ₹17 L/yr 8% less
HSBC Global Banking and Markets Software Developer Salary 1 - 8 years exp. (6 salaries)	₹9.5 L/yr - ₹25 L/yr 18% more
Bank Muscat Software Developer Salary 0 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹20 L/yr 21% less

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Software Developer salary at Mashreq Bank ranges between ₹3.8 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mashreq Bank.

Experience wise Mashreq Bank Software Developer salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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3 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
7 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr
8 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹21.2 L/yr
9 years (AmbitionBox Estimate)	₹22 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Mashreq Bank

Senior Developer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Software Engineer Salary

(7 salaries)

₹3.2 L/yr - ₹9.45 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.8 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Senior Software Engineer Salary

(9 salaries)

₹7.25 L/yr - ₹12 L/yr

Team Lead Salary

(116 salaries)

₹6.05 L/yr - ₹15 L/yr

Senior Associate Salary

(67 salaries)

₹4.35 L/yr - ₹11 L/yr

Senior Consultant Salary

(7 salaries)

₹6.8 L/yr - ₹20.2 L/yr

Salary related reviews for Mashreq Bank

5.0

Rated by 1 employees for salary & benefits

Customer Service Executive in Dubai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 07 Jul 2023

3.0

for Salary and Benefits

Likes

They are paying on time and average salary on the market

Dislikes

Random decisions , Lack of depth from management , Unprofessional Management 2, Termination and threaten for all staff is like " good morning " , Very bad work enthronement specially DBC Many Many issues on process and no ownership from staff to handle or to service the customer well You can also check customers feedback for the bank and you will understand how it's going inside

Skill development - Bad

+4 more

Assistant Manager (working remotely)

Full Time

Quality Assurance Department

4.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

The work culture is good, with lots of learnings and challenges that help to grow in terms of knowledge and capabilities.

Salary - Good

+2 more

Dislikes

Mashreq does not have promotion policy, hence the salary also will be increased up to certain level. with 100% work from home, management tend to think we are not utilized enough and will lead to overwork

Promotions - Poor

Team Lead Operations in Bangalore Rural

Finance & Accounting Department

3.0

• posted on 05 Jul 2021

5.0

for Salary and Benefits

Likes

Benefits of the company are really great! Get outsiders for skill development, They pay good shift allowance, interest free loan upto 2 lakhs. Internet expense incurred, etc..

Salary - Excellent

Dislikes

I personally have not got much opportunity to explore much of the work i do because of tight schedule. Minimum one will have to invest 11 hours for BAU alone.

Universal Banker in Dubai Mall

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2020

1.0

for Salary and Benefits

Likes

only profit oriented management not caring employees

Dislikes

...employee care. Still I didn’t find a job and am passing very tough Situation. It’s very sad to say they didn’t pay any compensation as well.

Salary - Bad

+6 more

Senior Relationship Officer in Dubai

Sales Department

3.0

• posted on 22 May 2018

5.0

for Salary and Benefits

Likes

Something I loved the most in Mashreq was compensation and training.

Salary - Excellent

+1 more

Dislikes

Managers not so motivating, learning, innovation, no work-life balance, no job security to much of politics in terms of growth or change in profile.

Job security - Poor

see more salary related reviews

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Mashreq Bank Software Developer Salary FAQs

What is the salary of Software Developer at Mashreq Bank ?

The average salary of a Software Developer at Mashreq Bank in India typically ranges from ₹3.8 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Software Developer at Mashreq Bank earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Software Developer Salaries at Mashreq Bank 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 Mashreq Bank employees in India.

What is the estimated take home salary of a Software Developer at Mashreq Bank in India?

The estimated take-home salary of a Software Developer at Mashreq Bank in India typically ranges from ₹93,924 to ₹96,450 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 Mashreq Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mashreq Bank for Software Developer in India?

Emirates NBD	₹42.0 Lakhs to ₹60.0 Lakhs per year
Kotak Mahindra Bank	₹8.7 Lakhs to ₹33.5 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹25.0 Lakhs per year
Barclays Investment Bank	₹9.9 Lakhs to ₹23.4 Lakhs per year
NatWest Group	₹8.2 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mashreq Bank, depending on the role and experience level.

What is the salary of a Software Developer in companies similar to Mashreq Bank in India?

The salary of a Software Developer at companies similar to Mashreq Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹16.0 Lakhs to ₹25.0 Lakhs per year
HSBC Global Banking and Markets	₹9.5 Lakhs to ₹25.0 Lakhs per year
Bank of America	₹6.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank	₹5.7 Lakhs to ₹25.0 Lakhs per year
NatWest Markets	₹6.5 Lakhs to ₹17.0 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 Software Developer at Mashreq Bank in India?

The salary growth for a Software Developer at Mashreq Bank depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at Mashreq Bank:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹6.9 Lakhs per year
2 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
3 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
4 years	₹10.0 Lakhs to ₹12.7 Lakhs per year

and so on.

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Mashreq Bank Software Developer Salaries

Mashreq Bank Software Developer salary in India ranges between ₹3.8 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mashreq Bank latest salaries received from various employees of Mashreq Bank.