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Maybank Software Developer salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹10.3 Lakhs - ₹21.1 Lakhs
Salary of majority employees
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59% more than the average Software Developer Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Maybank for Software Developer in Bangalore / Bengaluru

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Maybank Software Developer Salary

1 - 3 years exp. (5 salaries)

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₹10.3 L/yr - ₹21.1 L/yr

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Company name Avg Annual Salary Open Jobs
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Standard Chartered Software Developer Salary

1 - 10 years exp. (96 salaries)

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₹17 L/yr - ₹25 L/yr

arrow icon 11% more
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NatWest Group Software Developer Salary

0 - 10 years exp. (15 salaries)

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₹9.5 L/yr - ₹32.5 L/yr

arrow icon 19% more
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Barclays Software Developer Salary

1 - 6 years exp. (14 salaries)

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₹8 L/yr - ₹26.4 L/yr

arrow icon 2% less
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Deutsche Bank Software Developer Salary

1 - 5 years exp. (12 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 7% more
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₹4.5 L/yr - ₹11.4 L/yr

arrow icon 50% less
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Bank of America Software Developer Salary

1 - 7 years exp. (4 salaries)

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₹6.2 L/yr - ₹15 L/yr

arrow icon 6% less
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₹12 L/yr - ₹25 L/yr

arrow icon 23% more
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Bank of Baroda Software Developer Salary

4 - 6 years exp. (3 salaries)

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₹6.4 L/yr - ₹9.8 L/yr

arrow icon 50% less
Software Developer salary at Maybank ranges between ₹10.3 Lakhs to ₹21.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Maybank.

Latest annual salaries shared by Maybank Software Developer in Bangalore / Bengaluru

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Experience wise Maybank Software Developer salaries in Bangalore / Bengaluru

Last Updated: 1 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹10.3 L/yr - ₹11 L/yr
2 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹13.5 L/yr
3 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹14 L/yr

Similar Designation salaries in Maybank

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₹5.8 L/yr - ₹12.3 L/yr

Salary related reviews for Maybank

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.

read more
  • Job security - Good
  • +3 more

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

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.

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Maybank Software Developer Salary FAQs

What is the salary of Software Developer at Maybank in Bangalore / Bengaluru?
The average salary of a Software Developer at Maybank in Bangalore / Bengaluru typically ranges from ₹10.3 Lakhs to ₹21.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Developer in Bangalore / Bengaluru at Maybank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Software Developer 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 5 Maybank employees in India.
What is the estimated take home salary of a Software Developer at Maybank in Bangalore / Bengaluru?
The estimated take-home salary of a Software Developer at Maybank in Bangalore / Bengaluru typically ranges from ₹1,07,056 to ₹1,10,005 per month. This is based on the average salary range of ₹10.3 Lakhs to ₹21.1 Lakhs per year for employees with experience ranging from 1 year to 3 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 5 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 Software Developer in India?
Royal Bank of Scotland International ₹12.0 Lakhs to ₹25.0 Lakhs per year
NatWest Group ₹9.5 Lakhs to ₹32.5 Lakhs per year
Standard Chartered ₹17.0 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹25.0 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 Software Developer in companies similar to Maybank in Bangalore / Bengaluru?
The salary of a Software Developer at companies similar to Maybank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹8.0 Lakhs to ₹26.4 Lakhs per year
Bank of America ₹6.2 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda ₹6.4 Lakhs to ₹9.8 Lakhs per year
AU Small Finance Bank ₹4.5 Lakhs to ₹11.4 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 Maybank in Bangalore / Bengaluru?
The salary growth for a Software Developer at Maybank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Software Developer in Bangalore / Bengaluru can expect the following growth trajectory at Maybank:

Experience Average Salary Range
1 year ₹10.3 Lakhs to ₹11.0 Lakhs per year
2 years ₹4.7 Lakhs to ₹13.5 Lakhs per year
3 years ₹5.5 Lakhs to ₹14.0 Lakhs per year
and so on.

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Maybank Software Developer salary in Bangalore / Bengaluru ranges between ₹10.3 Lakhs to ₹21.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Maybank latest salaries received from various employees of Maybank.