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Maybank Senior Product Engineer salaries in India (Updated 2025)

Annual salary range
2 - 9 years exp.
₹12 Lakhs - ₹30 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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61% more than the average Senior Product Engineer Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA
Senior Product Engineer Salary
3 - 9 years exp. (10 salaries)
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₹12 L/yr - ₹30 L/yr

Data Science & Analytics
Senior Product Engineer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹17.1 L/yr - ₹28 L/yr

Last Updated: 16 Mar 2025

Companies similar to Maybank for Senior Product Engineer

Company name Avg Annual Salary Open Jobs
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Barclays Senior Product Engineer Salary

4 - 13 years exp. (4 salaries)

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₹20 L/yr - ₹31 L/yr

arrow icon 24% more
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HARMAN Senior Product Engineer Salary

4 - 9 years exp. (979 salaries)

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₹6.5 L/yr - ₹25.2 L/yr

arrow icon 36% less
2 job openings
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LTIMindtree Senior Product Engineer Salary

2 - 8 years exp. (606 salaries)

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₹6.5 L/yr - ₹24.1 L/yr

arrow icon 37% less
1 job opening
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₹4 L/yr - ₹12.8 L/yr

arrow icon 63% less
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Temenos Senior Product Engineer Salary

3 - 7 years exp. (151 salaries)

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₹7.5 L/yr - ₹17.4 L/yr

arrow icon 42% less
Senior Product Engineer salary at Maybank ranges between ₹12 Lakhs to ₹30 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 15 latest salaries received from various employees of Maybank.

Latest annual salaries shared by Maybank Senior Product Engineer

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Experience wise Maybank Senior Product Engineer salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹19 L/yr
3 years  (4 salaries)

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₹12 L/yr - ₹29.3 L/yr
4 years (AmbitionBox Estimate)

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₹16 L/yr - ₹33.5 L/yr
5 years  (3 salaries)

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₹17 L/yr - ₹27 L/yr
6 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹28 L/yr
View all

Similar Designation salaries in Maybank

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₹15 L/yr - ₹30 L/yr
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₹5.5 L/yr - ₹18 L/yr
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₹12 L/yr - ₹24 L/yr
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₹16.35 L/yr - ₹24.45 L/yr
Software Development Engineer Salary
(AmbitionBox Estimate)
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₹24.8 L/yr - ₹31.6 L/yr
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₹10.3 L/yr - ₹22 L/yr
Technical Lead Salary
(7 salaries)
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₹20 L/yr - ₹32 L/yr
Java Developer Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Application Developer Salary
(AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for Maybank

3.4

Rated by 3 employees for salary & benefits

IT Department

4.0
  •  posted on 26 Jun 2021

3.0
 for  Salary and Benefits

Likes

Job security and work life balance. Packages at par with service based companies but less than product companies.

  • Skill development - Good
  • +4 more

Dislikes

Career growth is slow. Most managers are functional and lack technical skills. No perks other than salary.

read more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 13 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing. I would not recommend anyone to join this organization unless they don't have any other opportunity

  • Job security - Good

Dislikes

1. The compensation is less compared to the industry standards. The year-on-year appraisal is too low 2. There is no proper structure/vision in the organization. 3. The deadlines for the projects keep getting postponed again and again. 4. There is no proper coordination between the teams. 5. 90 day notice period. It used to be 30 days, they made it 90 days as many people are leaving the organization. 6. Most of the teams don't even do a code review which is basic in any organization to ensure code quality 7. The company hires recent graduates and make them work for one year as an intern before giving them the opportunity as a full-time employee. Recently, they started hiring contractors instead of full-time employees. All this to reduce the cost to the company. But they are not realizing that by making decisions like this, the quality of work being done has been reduced drastically. 8. Nearly 20% of the CTC is given as a bonus. The company's strategy is to stop the employee from leaving the organization and to make them wait till the end of the year for the bonus. I am not sure if it's actually working

read more
  • Salary - Bad
  • +4 more

Engineering - Software & QA Department

4.0
  •  posted on 19 Apr 2022

2.0
 for  Salary and Benefits

Likes

...ple are smart and hardworking and willing to help, even away from working hours. Compensation should be increased, however, as it is far below industry standard right now.

read more
  • Skill development - Good
  • +4 more

Dislikes

Some teams have too much work load

  • Salary - Poor

Other Department

4.0
  •  posted on 25 Mar 2021

3.0
 for  Salary and Benefits

Likes

...ial institution, more process oriented and little outdated technologies to work. Salary is little low compared to outside market, but job safety wise good. Colleagues are good. Overall good to work.

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  • Job security - Good
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 13 May 2021

4.0
 for  Salary and Benefits

Likes

The company is like a government organisation. Once you get an opportunity to work here you will know that you have job security. But the kind of work they do is not ordinary but top class.

read more
  • Salary - Good
  • +4 more

Dislikes

Lack of growth after a certain stage.

see more salary related reviews

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Maybank Senior Product Engineer Salary FAQs

What is the salary of Senior Product Engineer at Maybank ?
The average salary of a Senior Product Engineer at Maybank in India typically ranges from ₹12.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Senior Product Engineer at Maybank earn more than ₹29.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Product Engineer Salaries at Maybank 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 10+ Maybank employees in India.
What is the estimated take home salary of a Senior Product Engineer at Maybank in India?
The estimated take-home salary of a Senior Product Engineer at Maybank in India typically ranges from ₹1,42,928 to ₹1,48,254 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 2 years 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 10+ salaries received from various employees of Maybank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Maybank for Senior Product Engineer in India?
Barclays ₹20.0 Lakhs to ₹31.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Maybank, depending on the role and experience level.
What is the salary of a Senior Product Engineer in companies similar to Maybank in India?
The salary of a Senior Product Engineer at companies similar to Maybank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HARMAN ₹6.5 Lakhs to ₹25.2 Lakhs per year
LTIMindtree ₹6.5 Lakhs to ₹24.1 Lakhs per year
Temenos ₹7.5 Lakhs to ₹17.4 Lakhs per year
IBS Software Services ₹4.0 Lakhs to ₹12.8 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 Senior Product Engineer at Maybank in India?
The salary growth for a Senior Product Engineer at Maybank depends on factors such as experience, performance, and promotions. On average, a Senior Product Engineer can expect the following growth trajectory at Maybank:

Experience Average Salary Range
2 years ₹5.6 Lakhs to ₹19.0 Lakhs per year
3 years ₹12.0 Lakhs to ₹29.3 Lakhs per year
4 years ₹16.0 Lakhs to ₹33.5 Lakhs per year
5 years ₹17.0 Lakhs to ₹27.0 Lakhs per year
and so on.

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Maybank Senior Product Engineer salary in India ranges between ₹12 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Maybank latest salaries received from various employees of Maybank.