Nabard Financial Services Software Developer Salaries by 4 Employees (Updated 2025)

1 - 17 years exp.

₹3.3 Lakhs - ₹36 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

100% more than the average Software Developer Salary in NBFC Companies for 1 - 17 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Nabard Financial Services for Software Developer

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Software Developer Salary 0 - 3 years exp. (77 salaries)	₹3.5 L/yr - ₹14 L/yr 52% less
Mahindra Finance Software Developer Salary 0 - 6 years exp. (19 salaries)	₹2.9 L/yr - ₹10.8 L/yr 64% less
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L&T Finance Software Developer Salary 1 - 7 years exp. (15 salaries)	₹6.9 L/yr - ₹20 L/yr 28% less
Sammaan Capital Limited Software Developer Salary 2 - 6 years exp. (13 salaries)	₹3.8 L/yr - ₹9.1 L/yr 49% less
Aavas Financiers Software Developer Salary 0 - 3 years exp. (8 salaries)	₹3.6 L/yr - ₹5.5 L/yr 76% less
Capital Trust Software Developer Salary 1 - 5 years exp. (6 salaries)	₹5 L/yr - ₹8 L/yr 61% less
Kogta Financial India Limited Software Developer Salary 0 - 5 years exp. (6 salaries)	₹3 L/yr - ₹9.6 L/yr 63% less
Vedika Credit Capital Software Developer Salary 1 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 80% less
Muthoot Finance Software Developer Salary 0 - 2 years exp. (5 salaries)	₹3.8 L/yr - ₹5 L/yr 76% less
Sundaram Finance Software Developer Salary 0 - 3 years exp. (5 salaries)	₹3.3 L/yr - ₹5.5 L/yr 73% less
Manba Finance Software Developer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹8.5 L/yr 75% less
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Capri Global Capital Software Developer Salary 0 - 6 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 6% less
Shriram Finance Software Developer Salary 2 - 4 years exp. (4 salaries)	₹4 L/yr - ₹9.2 L/yr 66% less
MAS Financial Services Software Developer Salary 1 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹6.3 L/yr 75% less
Poonawalla Fincorp Software Developer Salary 1 - 3 years exp. (4 salaries)	₹8 L/yr - ₹17 L/yr 31% less

Software Developer salary at Nabard Financial Services ranges between ₹3.3 Lakhs to ₹36 Lakhs per year for employees with experience between 1 year to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Nabard Financial Services.

Experience wise Nabard Financial Services Software Developer salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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10 years (AmbitionBox Estimate)	₹32.4 L/yr - ₹41.4 L/yr
15+ years (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr

Similar Designation salaries in Nabard Financial Services

Software Engineer Salary

(AmbitionBox Estimate)

₹32.7 L/yr - ₹41.7 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Associate Salary

(3 salaries)

₹6 L/yr - ₹19 L/yr

Salary related reviews for Nabard Financial Services

1.0

Rated by 1 employees for salary & benefits

Customer Service Officer in Vaikom

Full Time

Marketing & Communication Department

3.0

• posted on 03 Nov 2023

5.0

for Salary and Benefits

Likes

Salary and other benefits are much better than other companies

Salary - Excellent

+2 more

Dislikes

* if there is any problem Discuss with the lower level employee or concern employee what the problem is,and take action. * It department and softwere need to improve * need to improve qr facility and online payment

Job security - Bad

+1 more

Branch Head in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Nov 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Plus point is that my colleague come from various cultural backgrounds, and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slow.

Branch Head in Kolhapur

Contractual

Customer Success, Service & Operations Department

3.0

• posted on 24 Nov 2023

4.0

for Salary and Benefits

Likes

Salary & Other Staff Benifits are best.

Salary - Good

Dislikes

Don't Work in Kolhapur Region, Maharashtra. Regional Manager & Cluster Manager every time force to staff for working in holiday. They are force for work late night. Other wise they are force for resignation. Very third class language using for staff. Humanity not available. HR Not Supported. In current year total 7 Branch Manager, 5 ABM & 9 to 10 Field Staff resigned.

Skill development - Bad

+5 more

Customer Service Officer in Buguda

Finance & Accounting Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

Talk about job security, work culture. Management,

Salary - Excellent

+6 more

Dislikes

Three is a lot of politics and the management doesn't address our issues,. Salary is decent but career growth is slow. There is a bond of 2 years after which you cannot resign. On the job training is not given to new joinees.

Manager in Bangalore / Bengaluru

Sales & Operations Department

1.0

• posted on 18 Jun 2021

1.0

for Salary and Benefits

Likes

Pays more salary than non-registered and fraudulent MFIs

Dislikes

Pays one of the lowest salaries in the industry. No scope of growth for any position. No ownership of management towards growth of employees or organizations. Management is from NABARD and considers non NABARDIAN staffs as charity employment. Needs multiple changes in its structure and intent and then would become an unstoppable force.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Nabard Financial Services Software Developer Salary FAQs

What is the salary of Software Developer at Nabard Financial Services ?

The average salary of a Software Developer at Nabard Financial Services in India typically ranges from ₹3.3 Lakhs to ₹36.0 Lakhs per year, depending on experience (from 1 year to 17 years).

The top 10% of Software Developer at Nabard Financial Services earn more than ₹36.0 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Software Developer Salaries at Nabard Financial Services 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 Nabard Financial Services employees in India.

What is the estimated take home salary of a Software Developer at Nabard Financial Services in India?

The estimated take-home salary of a Software Developer at Nabard Financial Services in India typically ranges from ₹1,17,871 to ₹1,21,170 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from 1 year to 17 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 Nabard Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Software Developer in companies similar to Nabard Financial Services in India?

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

Capri Global Capital	₹12.0 Lakhs to ₹18.0 Lakhs per year
L&T Finance	₹6.9 Lakhs to ₹20.0 Lakhs per year
Poonawalla Fincorp	₹8.0 Lakhs to ₹17.0 Lakhs per year
Sammaan Capital Limited	₹3.8 Lakhs to ₹9.1 Lakhs per year
IIFL Finance	₹3.5 Lakhs to ₹14.0 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 Developer at Nabard Financial Services in India?

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

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
10 years	₹32.4 Lakhs to ₹41.4 Lakhs per year
15 years	₹24.3 Lakhs to ₹31.0 Lakhs per year

and so on.

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Nabard Financial Services Software Developer Salaries

Nabard Financial Services Software Developer salary in India ranges between ₹3.3 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nabard Financial Services latest salaries received from various employees of Nabard Financial Services.