Maybank Software Engineer Salaries by 5 Employees

0 - 8 years exp.

₹5.5 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

50% more than the average Software Engineer Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹5.8 L/yr - ₹12.3 L/yr
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IT & Information Security Software Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 27 Jan 2024

Companies similar to Maybank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Bank of America Software Engineer Salary 1 - 12 years exp. (1.1k salaries)	₹6.6 L/yr - ₹27.5 L/yr 29% more
NatWest Group Software Engineer Salary 0 - 12 years exp. (969 salaries)	₹8 L/yr - ₹28 L/yr 47% more
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Barclays Software Engineer Salary 0 - 7 years exp. (250 salaries)	₹8 L/yr - ₹24.5 L/yr 34% more
Standard Chartered Software Engineer Salary 0 - 7 years exp. (141 salaries)	₹6.1 L/yr - ₹25 L/yr 11% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (130 salaries)	₹9 L/yr - ₹32 L/yr 48% more
DBS Bank Software Engineer Salary 1 - 6 years exp. (75 salaries)	₹7.4 L/yr - ₹28 L/yr 32% more
NatWest Markets Software Engineer Salary 1 - 9 years exp. (48 salaries)	₹10 L/yr - ₹24 L/yr 23% more
AU Small Finance Bank Software Engineer Salary 0 - 5 years exp. (35 salaries)	₹3.8 L/yr - ₹15.8 L/yr 24% less
Royal Bank of Scotland International Software Engineer Salary 2 - 8 years exp. (32 salaries)	₹8.1 L/yr - ₹19.2 L/yr 24% more
Emirates NBD Software Engineer Salary 6 - 11 years exp. (23 salaries)	₹17.7 L/yr - ₹65 L/yr 241% more
Danske Bank Software Engineer Salary 1 - 9 years exp. (23 salaries)	₹8 L/yr - ₹16 L/yr 7% more
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Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	₹9.9 L/yr - ₹18.2 L/yr 1% more
Equitas Small Finance Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.9 L/yr - ₹5.1 L/yr 72% less
Bank of Maharashtra Software Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹18.6 L/yr 25% less
Bank of India Software Engineer Salary 0 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹9.7 L/yr 55% less
Sberbank Branch in India Software Engineer Salary 1 - 8 years exp. (4 salaries)	₹33 L/yr - ₹72.7 L/yr 259% more
State Street Bank Software Engineer Salary 0 - 5 years exp. (4 salaries)	₹5 L/yr - ₹8.6 L/yr 47% less
Mizuho Bank Software Engineer Salary 4 - 6 years exp. (3 salaries)	₹10.8 L/yr - ₹12 L/yr 11% less
ABN AMRO BANK N.V. Software Engineer Salary 8 - 10 years exp. (3 salaries)	₹55 L/yr - ₹65 L/yr 390% more
Reserve Bank of India Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹10 L/yr 55% less

Software Engineer salary at Maybank ranges between ₹5.5 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Maybank.

Experience wise Maybank Software Engineer salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.9 L/yr
1 year (AmbitionBox Estimate)	₹5.8 L/yr - ₹11 L/yr
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2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.3 L/yr
3 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
4 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
5 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
6 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹18 L/yr

View all

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Software Developer Salary

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₹10.3 L/yr - ₹22 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹24.8 L/yr - ₹31.6 L/yr

Senior Developer Salary

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₹25 L/yr - ₹34 L/yr

Java Developer Salary

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Senior Consultant Salary

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₹12 L/yr - ₹24 L/yr

Technical Lead Salary

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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

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

Salary - Bad

+4 more

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.

Skill development - Good

+4 more

Dislikes

Some teams have too much work load

Salary - Poor

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.

Job security - Good

+3 more

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.

Skill development - Good

+4 more

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.

Salary - Good

+4 more

Dislikes

Lack of growth after a certain stage.

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Maybank Software Engineer Salary FAQs

What is the salary of Software Engineer at Maybank ?

The average salary of a Software Engineer at Maybank in India typically ranges from ₹5.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Software Engineer at Maybank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Software 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 5 Maybank employees in India.

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

The estimated take-home salary of a Software Engineer at Maybank in India typically ranges from ₹89,107 to ₹91,447 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 Engineer in India?

ABN AMRO BANK N.V.	₹55.0 Lakhs to ₹65.0 Lakhs per year
Sberbank Branch in India	₹33.0 Lakhs to ₹72.7 Lakhs per year
Emirates NBD	₹17.7 Lakhs to ₹65.0 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹32.0 Lakhs per year
NatWest Group	₹8.0 Lakhs to ₹28.0 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 Engineer in companies similar to Maybank in India?

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

Barclays	₹8.0 Lakhs to ₹24.5 Lakhs per year
DBS Bank	₹7.4 Lakhs to ₹28.0 Lakhs per year
Bank of America	₹6.6 Lakhs to ₹27.5 Lakhs per year
Royal Bank of Scotland International	₹8.1 Lakhs to ₹19.2 Lakhs per year
NatWest Markets	₹10.0 Lakhs to ₹24.0 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 Engineer at Maybank in India?

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

Experience	Average Salary Range
Fresher	₹5.5 Lakhs to ₹11.9 Lakhs per year
1 year	₹5.8 Lakhs to ₹11.0 Lakhs per year
2 years	₹3.9 Lakhs to ₹12.3 Lakhs per year
3 years	₹10.0 Lakhs to ₹12.8 Lakhs per year

and so on.

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Maybank Software Engineer Salaries

Maybank Software Engineer salary in India ranges between ₹5.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Maybank latest salaries received from various employees of Maybank.