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NatWest Group Associate Engineer salaries in Chennai

Annual salary range
0 - 8 years exp.
₹2.7 Lakhs - ₹5.9 Lakhs
Salary of majority employees
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11% less than the average Associate Engineer Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
Associate Engineer Salary
1 - 4 years exp. (13 salaries)
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₹2.7 L/yr - ₹5.9 L/yr

IT & Information Security
Associate Engineer Salary
0 - 4 years exp. (6 salaries)
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₹3.1 L/yr - ₹5.6 L/yr

BFSI, Investments & Trading
Associate Engineer Salary
1 - 8 years exp. (5 salaries)
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₹3.9 L/yr - ₹5.5 L/yr

Marketing & Communication
Associate Engineer Salary
3 - 6 years exp. (5 salaries)
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₹4.1 L/yr - ₹5 L/yr

Engineering - Software & QA
Associate Engineer Salary
0 - 4 years exp. (4 salaries)
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₹3.7 L/yr - ₹5 L/yr

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Last Updated: 15 Feb 2024

Companies similar to NatWest Group for Associate Engineer in Chennai

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NatWest Group Associate Engineer Salary

0 - 8 years exp. (44 salaries)

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₹2.7 L/yr - ₹5.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹8.8 L/yr

arrow icon 10% more
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Bharat FIH Associate Engineer Salary

4 - 10 years exp. (391 salaries)

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₹2.3 L/yr - ₹6 L/yr

arrow icon 7% less
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Cognizant Associate Engineer Salary

1 - 9 years exp. (223 salaries)

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₹4.3 L/yr - ₹16.6 L/yr

arrow icon 118% more
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₹3 L/yr - ₹6 L/yr

arrow icon 10% less
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AstraZeneca Associate Engineer Salary

1 - 4 years exp. (146 salaries)

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₹3.7 L/yr - ₹10 L/yr

arrow icon 52% more
Associate Engineer salary at NatWest Group ranges between ₹2.7 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 44 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Associate Engineer in Chennai

1y ago
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4 years exp.
1y ago
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8 years exp.

Experience wise NatWest Group Associate Engineer salaries in Chennai

Last Updated: 15 Feb 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
1 year  (5 salaries)

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₹3.7 L/yr - ₹5.4 L/yr
2 years  (10 salaries)

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₹2.7 L/yr - ₹8.1 L/yr
3 years  (10 salaries)

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₹3.1 L/yr - ₹5 L/yr
4 years  (11 salaries)

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₹3.9 L/yr - ₹5.9 L/yr
View all

Similar Designation salaries in NatWest Group

Software Engineer Salary
(155 salaries)
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₹8.75 L/yr - ₹28 L/yr
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₹10.45 L/yr - ₹30 L/yr
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₹8.5 L/yr - ₹21.27 L/yr
Lead Engineer Salary
(14 salaries)
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₹21 L/yr - ₹32 L/yr
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₹20.1 L/yr - ₹30 L/yr

Salary related reviews for NatWest Group

2.8

Rated by 5 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 04 Jan 2025

1.0
 for  Salary and Benefits

Likes

The Leave policy is the only thing good about this company.

Dislikes

...espite being assured of competitive pay, you will often find yourself underpaid. During appraisal discussions, the management frequently justifies minimal increments by claiming that your salary is already above the industry benchmark—a statement far removed from reality. Over time, this persistent undervaluation can erode your motivation and hinder your professional growth. You may feel trapped by the rigid 90-day notice period policy, which not only limits your mobility but also causes you to lose touch with critical interview skills. The work culture leaves much to be desired. Managers often show little regard for employee well-being, fostering an environment where working excessively long hours is the norm. The lack of genuine recognition or meaningful benefits further exacerbates the dissatisfaction. Overall, this workplace struggles to provide a supportive or rewarding environment, leaving employees feeling unappreciated, demotivated, and stagnant in their careers.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 09 Jun 2024

4.0
 for  Salary and Benefits

Likes

...helpful environment 3. Great work life balance. No weekend work. No overtime. 4. Salary is decent enough.

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  • Salary - Good
  • +3 more

Dislikes

1. Very little appraisal. 2. Management people are full of it. Many micro-manage a lot and dont have any proper technical knowledge. 3. No skill development unless you are in a good BU. Too much operational work - It gets on your nerve.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 02 Jun 2020

5.0
 for  Salary and Benefits

Likes

They are continuously chasing us to apply and take leaves to take rest and maintain work life balance. At this time if your company cares for your well being it deepens your trust and respect for your company.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Bonus policy must be changed.

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

2.0
 for  Salary and Benefits

Likes

...ple work, no higher risks and accountability despite being in Banking Operation. Layers of scrutiny and focus on hugely learning & development of an employee rather than their salary and other payables

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  • Skill development - Good
  • +1 more

Dislikes

...posit any sum deducted during my tenure with RBS at the Employee Provident Fund. The salary rise is very scant. They make you work long hours, no overtime and all. There are many projects happening there, the front level employees have to work but all the credit goes to the Manager or the Team Leader. The working hours are very long, very less breaks. Highly monitored environment. It's like being inside a military dome not in a cubicle. All-in-all, with less pay and less morale, one cannot stand long in this company. This company values perfection, but not employee's life.

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  • Salary - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 19 Feb 2025

3.0
 for  Salary and Benefits

Likes

...partments. 3. Work environment and primises are also at very great condition. 4. Salary will always credit at time or before it.

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  • Skill development - Good
  • +4 more

Dislikes

1. I have worked in many departments all are so good but the Portfolio department of the company that have just Indian managers and laeders have extreme work pressure, great retention rate, micromanagement, office politics and the overall work environment is very toxic. 2. Just look for which department you're going to work for. Otherwise, the company is literally awesome.

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NatWest Group Associate Engineer Salary FAQs

What is the salary of Associate Engineer at NatWest Group in Chennai?
The average salary of a Associate Engineer at NatWest Group in Chennai typically ranges from ₹2.7 Lakhs to ₹5.9 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Associate Engineer in Chennai at NatWest Group earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Associate Engineer Salaries at NatWest Group 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 40+ NatWest Group employees in India.
What is the estimated take home salary of a Associate Engineer at NatWest Group in Chennai?
The estimated take-home salary of a Associate Engineer at NatWest Group in Chennai typically ranges from ₹35,039 to ₹36,278 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹5.9 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 40+ salaries received from various employees of NatWest Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than NatWest Group for Associate Engineer in India?
Cognizant ₹4.3 Lakhs to ₹16.6 Lakhs per year
AstraZeneca ₹3.7 Lakhs to ₹10.0 Lakhs per year
Virtusa Consulting Services ₹2.4 Lakhs to ₹8.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by NatWest Group, depending on the role and experience level.
What is the salary of a Associate Engineer in companies similar to NatWest Group in Chennai?
The salary of a Associate Engineer at companies similar to NatWest Group in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat FIH ₹2.3 Lakhs to ₹6.0 Lakhs per year
L&T Technology Services ₹3.0 Lakhs to ₹6.0 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 Associate Engineer at NatWest Group in Chennai?
The salary growth for a Associate Engineer at NatWest Group in Chennai depends on factors such as experience, performance, and promotions. On average, a Associate Engineer in Chennai can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
Fresher ₹3.9 Lakhs to ₹5.0 Lakhs per year
1 year ₹3.7 Lakhs to ₹5.4 Lakhs per year
2 years ₹2.7 Lakhs to ₹8.1 Lakhs per year
3 years ₹3.1 Lakhs to ₹5.0 Lakhs per year
and so on.

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NatWest Group Associate Engineer salary in Chennai ranges between ₹2.7 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 NatWest Group latest salaries received from various employees of NatWest Group.