MBB LABS Software Developer Salaries by 6 Employees (Updated 2025)

2 - 3 years exp.

₹7 Lakhs - ₹15 Lakhs

Salary of majority employees

32% more than the average Software Developer Salary in Banking Companies for 2 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 2 - 3 years exp. (3 salaries)	₹7 L/yr - ₹10.5 L/yr
Project & Program Management Software Developer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr
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Research & Development Software Developer Salary 3 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 11 Jan 2025

Companies similar to MBB LABS for Software Developer

Company name	Avg Annual Salary	Open Jobs
Royal Bank of Scotland International Software Developer Salary 4 - 12 years exp. (20 salaries)	₹9 L/yr - ₹25 L/yr 60% more
Gruppo Banca Sella Software Developer Salary 3 - 8 years exp. (14 salaries)	₹6 L/yr - ₹12 L/yr 27% less
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Maybank Software Developer Salary 1 - 5 years exp. (7 salaries)	₹10.3 L/yr - ₹22 L/yr 62% more
FirstRand Bank Software Developer Salary 5 - 8 years exp. (5 salaries)	₹7.5 L/yr - ₹18 L/yr 19% more
Mashreq Bank Software Developer Salary 1 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹22 L/yr 21% more
New India Co-Op Bank Software Developer Salary 3 - 6 years exp. (4 salaries)	₹4.1 L/yr - ₹5.5 L/yr 57% less
Abu Dhabi Commercial Bank Software Developer Salary 4 - 7 years exp. (4 salaries)	₹16 L/yr - ₹36 L/yr 136% more
Bank Muscat Software Developer Salary 0 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹20 L/yr 5% less
Emirates NBD Software Developer Salary 8 - 12 years exp. (3 salaries)	₹42 L/yr - ₹60 L/yr 339% more

Software Developer salary at MBB LABS ranges between ₹7 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 6 latest salaries received from various employees of MBB LABS.

Experience wise MBB LABS Software Developer salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr
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3 years (4 salaries)	₹7 L/yr - ₹15 L/yr

Similar Designation salaries in MBB LABS

Senior Developer Salary

(AmbitionBox Estimate)

₹22.1 L/yr - ₹28.2 L/yr

Java Developer Salary

(4 salaries)

₹5.14 L/yr - ₹10 L/yr

Senior Software Developer Salary

(4 salaries)

₹11.85 L/yr - ₹25 L/yr

Software Engineer Salary

(5 salaries)

₹10 L/yr - ₹25 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Senior Software Engineer Salary

(4 salaries)

₹18 L/yr - ₹30.6 L/yr

Team Lead Salary

(3 salaries)

₹20.1 L/yr - ₹26 L/yr

Senior Consultant Salary

(4 salaries)

₹16.5 L/yr - ₹25 L/yr

Salary related reviews for MBB LABS

3.0

Rated by 1 employees for salary & benefits

Product Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

5.0

• posted on 05 Aug 2023

4.0

for Salary and Benefits

Likes

Work hours are not hard & fast - for DS. Work life balanced gets maintained. Learning opportunities are endless. Culture is so welcoming.

Salary - Good

+6 more

Dislikes

There's a lack of help available in the form of senior people in DS. Salary is good, but falls behind on the market competition.

Product Data Scientist in Bangalore / Bengaluru

Data Science & Analytics Department

4.0

• posted on 25 Jul 2021

4.0

for Salary and Benefits

Likes

Overall a good place to work for. But, other than that good compensation, good work life balance and job security.

Salary - Good

+4 more

Dislikes

There is limited scope of development unless you are a fresher. Hikes and increments are less if compared with organizations in similar domains.

Skill development - Poor

Lead Product Manager in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 30 Nov 2024

4.0

for Salary and Benefits

Likes

Good projects, wonderful people and planned timeline so that people don't slog

Salary - Good

+6 more

Dislikes

Maybank group & bank is heavily process oriented and few leaders and business owners are tough to handle. Mostly they run out of money post funding projects

Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 10 Nov 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

1.Bad Food. 2.Bad Management 3. No learning 4. No Earning 5. Old technology used which are out of trend now 6.Super Egoiest Hr. Really Hard to approach. Very few teams are doing well..you will be lucky if you get that.

Salary - Bad

+6 more

Data Scientist in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

1.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

1. Very old tech stack is uses,Some of Managers and Product Owners are foolish and keeping higher authorities in dark. 2. Fresher's career is ruined due to lake guidance and support 3. Leadership don't know what talent they need to build products MBA is doing testing,data scientist is doing development and developers are writing excel analysis. 4.Company is unaware about current market requirements like Applied Scientist,ML Engineer to build data science products. 5. Power is in wrong hands(very egoistic Head HR Dloria Gavis) 6. If you plan to leave org, Have to pass prison for 90 days. I hope this helps to decide.

Salary - Bad

+4 more

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a manager - business analyst

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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MBB LABS Software Developer Salary FAQs

What is the salary of Software Developer at MBB LABS ?

The average salary of a Software Developer at MBB LABS in India typically ranges from ₹7.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Software Developer at MBB LABS earn more than ₹14.8 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Software Developer Salaries at MBB LABS 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 6 MBB LABS employees in India.

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

The estimated take-home salary of a Software Developer at MBB LABS in India typically ranges from ₹79,299 to ₹81,361 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 2 years 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 6 salaries received from various employees of MBB LABS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MBB LABS for Software Developer in India?

Emirates NBD	₹42.0 Lakhs to ₹60.0 Lakhs per year
Abu Dhabi Commercial Bank	₹16.0 Lakhs to ₹36.0 Lakhs per year
Maybank	₹10.3 Lakhs to ₹22.0 Lakhs per year
Royal Bank of Scotland International	₹9.0 Lakhs to ₹25.0 Lakhs per year
Mashreq Bank	₹3.8 Lakhs to ₹22.0 Lakhs per year

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

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

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

FirstRand Bank	₹7.5 Lakhs to ₹18.0 Lakhs per year
Bank Muscat	₹4.5 Lakhs to ₹20.0 Lakhs per year
Gruppo Banca Sella	₹6.0 Lakhs to ₹12.0 Lakhs per year
New India Co-Op Bank	₹4.1 Lakhs to ₹5.5 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 MBB LABS in India?

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

Experience	Average Salary Range
2 years	₹10.0 Lakhs to ₹13.0 Lakhs per year
3 years	₹7.0 Lakhs to ₹15.0 Lakhs per year

and so on.

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MBB LABS Software Developer Salaries

MBB LABS Software Developer salary in India ranges between ₹7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 MBB LABS latest salaries received from various employees of MBB LABS.