Maybank Software Developer Salaries by 7 Employees (Updated 2024)

1 - 7 years exp.

₹10.3 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

132% more than the average Software Developer Salary in Banking Companies for 1 - 7 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Maybank for Software Developer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Software Developer Salary 0 - 11 years exp. (15 salaries)	₹5 L/yr - ₹20 L/yr 32% less
HDFC Bank Software Developer Salary 1 - 9 years exp. (136 salaries)	₹8 L/yr - ₹17 L/yr 46% less
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ICICI Bank Software Developer Salary 1 - 10 years exp. (44 salaries)	₹3.6 L/yr - ₹13.8 L/yr 56% less
Axis Bank Software Developer Salary 0 - 5 years exp. (51 salaries)	₹3.8 L/yr - ₹12.5 L/yr 48% less
Kotak Mahindra Bank Software Developer Salary 1 - 5 years exp. (30 salaries)	₹8.8 L/yr - ₹30 L/yr At par
IndusInd Bank Software Developer Salary 0 - 8 years exp. (23 salaries)	₹5 L/yr - ₹15 L/yr 45% less
Yes Bank Software Developer Salary 1 - 4 years exp. (7 salaries)	₹2.1 L/yr - ₹5.4 L/yr 80% less
Bank of Baroda Software Developer Salary 1 - 5 years exp. (6 salaries)	₹1.1 L/yr - ₹9.8 L/yr 73% less
Federal Bank Software Developer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 80% less
Barclays Software Developer Salary 0 - 6 years exp. (376 salaries)	₹7.3 L/yr - ₹23 L/yr 12% less
Standard Chartered Software Developer Salary 1 - 9 years exp. (188 salaries)	₹16 L/yr - ₹25 L/yr 11% less
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Bank of America Software Developer Salary 1 - 13 years exp. (131 salaries)	₹7 L/yr - ₹27 L/yr 4% less
NatWest Group Software Developer Salary 0 - 9 years exp. (90 salaries)	₹7 L/yr - ₹21 L/yr 14% less
DBS Bank Software Developer Salary 0 - 7 years exp. (85 salaries)	₹6 L/yr - ₹20.5 L/yr 34% less
Deutsche Bank Software Developer Salary 0 - 5 years exp. (85 salaries)	₹9.3 L/yr - ₹25 L/yr 5% more
Citibank Software Developer Salary 2 - 6 years exp. (42 salaries)	₹8.7 L/yr - ₹26 L/yr 7% more
Royal Bank of Scotland International Software Developer Salary 4 - 12 years exp. (20 salaries)	₹9 L/yr - ₹25 L/yr 2% less
AU Small Finance Bank Software Developer Salary 1 - 6 years exp. (18 salaries)	₹4.5 L/yr - ₹12.5 L/yr 62% less
NatWest Markets Software Developer Salary 0 - 12 years exp. (8 salaries)	₹6.5 L/yr - ₹17 L/yr 32% less
Equitas Small Finance Bank Software Developer Salary 1 - 2 years exp. (6 salaries)	₹3.2 L/yr - ₹6 L/yr 75% less

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Software Developer salary at Maybank ranges between ₹10.3 Lakhs to ₹30 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Maybank.

Experience wise Maybank Software Developer salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.3 L/yr - ₹22.5 L/yr
2 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.9 L/yr
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3 years (AmbitionBox Estimate)	₹14 L/yr - ₹29.3 L/yr
4 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹20.9 L/yr
5 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
6 years (AmbitionBox Estimate)	₹20 L/yr - ₹39.6 L/yr
7 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹30 L/yr

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Salary related reviews for Maybank

3.0

Rated by 1 employees for salary & benefits

Product Engineer in Bangalore / Bengaluru

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

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

Full Stack Developer in Bangalore / Bengaluru

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.

Dislikes

Some teams have too much work load

Ansible Automation Consultant in Singapore

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.

Senior Product Engineer in Bangalore / Bengaluru

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.

Dislikes

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

Mobile App Developer in Kuala Lumpur

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.

Dislikes

Lack of growth after a certain stage.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Maybank Software Developer Salary FAQs

What is the salary of Software Developer at Maybank?

Software Developer salary at Maybank in India ranges between ₹10.3 Lakhs to ₹30.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 132% more than the average Software Developer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Maybank India.

How does the salary of a Software Developer at Maybank India compare with the average salary range for this job?

The average salary of a Software Developer at Maybank is 132% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Maybank to a Software Developer in India?

Emirates NBD Software Developer Salary - ₹42.0 Lakhs to ₹60.0 Lakhs per year
Citibank Software Developer Salary - ₹8.7 Lakhs to ₹26.0 Lakhs per year
Deutsche Bank Software Developer Salary - ₹9.3 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Software Developer Salary - ₹8.8 Lakhs to ₹30.0 Lakhs per year

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

Royal Bank of Scotland International Software Developer Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Bank of America Software Developer Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
Standard Chartered Software Developer Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year
Barclays Software Developer Salary - ₹7.3 Lakhs to ₹23.0 Lakhs per year
NatWest Group Software Developer Salary - ₹7.0 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Software Developer at Maybank ranges between ₹1,22,047 per month to ₹1,25,577 per month in India. The take-home salary calculation is based on the average Maybank Software Developer salary in India which ranges between ₹10.3 Lakhs to ₹30.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Maybank?

According to AmbitionBox, 50% of the Maybank Software Developers reported a notice period of 2 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Maybank Software Developer Salaries

Maybank Software Developer salary in India ranges between ₹10.3 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Maybank latest salaries received from various employees of Maybank.