Upload Button Icon Add office photos

Morningstar

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Morningstar Software Developer salaries in Navi Mumbai (Updated 2025)

Annual salary range
2 - 4 years exp.
₹10 Lakhs - ₹17.4 Lakhs
Avg. annual salary
unlock blur
Fixed
unlock blur Lakhs
Variable
unlock blur Lakhs

Monthly In-hand Salary

unlock blur

126% more than the average Software Developer Salary in Financial Services Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 19 Jan 2025

Companies similar to Morningstar for Software Developer in Navi Mumbai

Logo
Morningstar Software Developer Salary

2 - 4 years exp. (4 salaries)

unlock blur

₹10 L/yr - ₹17.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Jio Platforms Software Developer Salary

0 - 5 years exp. (128 salaries)

unlock blur

₹4 L/yr - ₹12.3 L/yr

arrow icon 49% less
Logo
Jio Software Developer Salary

0 - 6 years exp. (103 salaries)

unlock blur

₹4.1 L/yr - ₹17.2 L/yr

arrow icon 38% less
Logo
Osource Global Software Developer Salary

1 - 6 years exp. (43 salaries)

unlock blur

₹1.6 L/yr - ₹8.6 L/yr

arrow icon 72% less
1 job opening
Logo
Clover Infotech Software Developer Salary

1 - 6 years exp. (31 salaries)

unlock blur

₹2.4 L/yr - ₹10 L/yr

arrow icon 63% less
Logo
3i Infotech Software Developer Salary

1 - 5 years exp. (31 salaries)

unlock blur

₹3.6 L/yr - ₹9 L/yr

arrow icon 64% less
Software Developer salary at Morningstar ranges between ₹10 Lakhs to ₹17.4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Software Developer in Navi Mumbai

2mo ago
₹17.4 Lakhs
3 years exp.
3mo ago
₹15 Lakhs
3 years exp.
1y ago
₹12.5 Lakhs
4 years exp.

Experience wise Morningstar Software Developer salaries in Navi Mumbai

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹13.8 L/yr - ₹17.6 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹14.3 L/yr - ₹18.3 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹14.8 L/yr - ₹18.9 L/yr

Similar Designation salaries in Morningstar

unlock blur
₹6.85 L/yr - ₹16.8 L/yr
unlock blur
₹17.2 L/yr - ₹25.5 L/yr
unlock blur
₹13.45 L/yr - ₹24 L/yr

Top skills at Morningstar for Software Developer

Scrum microsoft Agile Back Office Operations Solution Design Content Management Coding Database Agile Methodology Automation Javascript Project Management ASP.NET Legal .NET

Salary related reviews for Morningstar

4.3

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 24 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing cost cutting it sucks big time

  • Work-life balance - Good

Dislikes

...ple to work like a BPO, where you will slog for 10-12 hours and give production. Company is working on hiring only freshers salary is peanuts

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 27 Jun 2023

3.0
 for  Salary and Benefits

Likes

--> Excellent work culture --> Promoting learning & skill development --> Growth & Opportunity --> Additional benefits provided (Insurance coverage for self & dependants)

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Can improve in terms of being a better pay-master.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 03 Feb 2025

1.0
 for  Salary and Benefits

Likes

The company has a great culture, people are treated with respect. Employees are given time to perform if they are struggling. The office has a very flexible time schedule and work hours. As long as the work gets done no one will interfere with when you login or log out. Promotions are dependent on business growth. However, the promotion hikes are barely 20%.

read more
  • Skill development - Good
  • +4 more

Dislikes

The company offers very limited pay with 4-6% hike on every appraisal. It's a great company to be at when you are already satisfied with your pay and want to keep pace with inflation. Not when you are looking to grow.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Feb 2025

1.0
 for  Salary and Benefits

Likes

On all the negative points that i have mentioned they always keep talking about good work culture which is confined to the fact that you can take leave anytime you want.

read more
  • Job security - Excellent
  • +1 more

Dislikes

No skill development, no credible work, very below the average salary. You wouldn't reach a six figure salary even after 4 or 5 years working in the company.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Jan 2025

2.0
 for  Salary and Benefits

Likes

They have very good work life balance and they are more like a family company culture is so good but for growth prospects we can't Rely on This.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The pay is not upto the mark as compared to other peer companies since they follow median pay. Even after performing Extremely well they pay you very less.

read more
  • Salary - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

Morningstar Software Developer Salary FAQs

What is the salary of Software Developer at Morningstar in Navi Mumbai?
The average salary of a Software Developer at Morningstar in Navi Mumbai typically ranges from ₹10.0 Lakhs to ₹17.4 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Software Developer in Navi Mumbai at Morningstar earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹17.4 Lakhs per year. Software Developer Salaries at Morningstar 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 4 Morningstar employees in India.
What is the estimated take home salary of a Software Developer at Morningstar in Navi Mumbai?
The estimated take-home salary of a Software Developer at Morningstar in Navi Mumbai typically ranges from ₹1,08,631 to ₹1,11,631 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹17.4 Lakhs per year for employees with experience ranging from 2 years to 4 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 4 salaries received from various employees of Morningstar. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Developer at Morningstar in Navi Mumbai?
To be a Software Developer at Morningstar in Navi Mumbai, the key skills required include:

  • - Scrum
  • - microsoft
  • - Agile
  • - Back Office Operations
  • - Solution Design

These skills are highly valued at Morningstar and are crucial for successful performance in a Software Engineering role.
What is the salary of a Software Developer in companies similar to Morningstar in Navi Mumbai?
The salary of a Software Developer at companies similar to Morningstar in Navi Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jio ₹4.1 Lakhs to ₹17.2 Lakhs per year
Jio Platforms ₹4.0 Lakhs to ₹12.3 Lakhs per year
Clover Infotech ₹2.4 Lakhs to ₹10.0 Lakhs per year
3i Infotech ₹3.6 Lakhs to ₹9.0 Lakhs per year
Osource Global ₹1.6 Lakhs to ₹8.6 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 Morningstar in Navi Mumbai?
The salary growth for a Software Developer at Morningstar in Navi Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Navi Mumbai can expect the following growth trajectory at Morningstar:

Experience Average Salary Range
2 years ₹13.8 Lakhs to ₹17.6 Lakhs per year
3 years ₹14.3 Lakhs to ₹18.3 Lakhs per year
4 years ₹14.8 Lakhs to ₹18.9 Lakhs per year
and so on.

Tell us how to improve this page.

Morningstar Software Developer salary in Navi Mumbai ranges between ₹10 Lakhs to ₹17.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Morningstar latest salaries received from various employees of Morningstar.