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NatWest Group Development Engineer salaries in India

Annual salary range
0 - 2 years exp.
₹9 Lakhs - ₹10.3 Lakhs
Salary of majority employees
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19% more than the average Development Engineer Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 14 Mar 2023

Companies similar to NatWest Group for Development Engineer

Company name Avg Annual Salary Open Jobs
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₹7.3 L/yr - ₹20.5 L/yr

arrow icon 18% more
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₹8.8 L/yr - ₹9.2 L/yr

arrow icon 7% less
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₹12.4 L/yr - ₹13.6 L/yr

arrow icon 35% more
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Calsoft Development Engineer Salary

0 - 4 years exp. (337 salaries)

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₹3.5 L/yr - ₹11 L/yr

arrow icon 34% less
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Signify Development Engineer Salary

2 - 12 years exp. (200 salaries)

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₹9 L/yr - ₹36 L/yr

arrow icon 119% more
Development Engineer salary at NatWest Group ranges between ₹9 Lakhs to ₹10.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 12 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Development Engineer

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Experience wise NatWest Group Development Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9 L/yr - ₹17.5 L/yr
1 year  (6 salaries)

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₹9 L/yr - ₹10.3 L/yr
2 years  (5 salaries)

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₹9 L/yr - ₹10.2 L/yr

Similar Designation salaries in NatWest Group

Design Engineer Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹2.8 L/yr - ₹6.1 L/yr
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₹12 L/yr - ₹25 L/yr
Product Engineer Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Lead Engineer Salary
(77 salaries)
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₹19.4 L/yr - ₹36.75 L/yr
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₹12.92 L/yr - ₹14.5 L/yr
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₹14 L/yr - ₹18 L/yr
Software Engineer Salary
(911 salaries)
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₹8 L/yr - ₹28 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr
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₹14 L/yr - ₹20.5 L/yr

Salary related reviews for NatWest Group

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.

read more
  • 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

 · 

Data Science & Analytics Department

3.0
  •  posted on 23 Jan 2025

2.0
 for  Salary and Benefits

Likes

They try to invest in new technology. They work as one team, India teams are not treated separately.

  • Job security - Good
  • +1 more

Dislikes

...romoted, actual work is not valued. They do not hire people at proper positions. they try to take experienced candidates and with high pay in lower grades and then later during appraisal cycle candidates do not get hike as they already cross the limit for that position.

read more
  • Salary - Poor
  • +2 more

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

 · 

Finance & Accounting Department

3.0
  •  posted on 12 Aug 2024

3.0
 for  Salary and Benefits

Likes

Nothing special to highlight, just a normal corporate like others.

  • Company culture - Good
  • +1 more

Dislikes

Hike and Appraisal is not very attractive. The organization demands you to be more competitive and challanging but salary Or appraisal won't be competitive, it's usual as per market or below market norms.

read more
  • Work satisfaction - Poor
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NatWest Group Development Engineer Salary FAQs

What is the salary of Development Engineer at NatWest Group ?
The average salary of a Development Engineer at NatWest Group in India typically ranges from ₹9.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Development Engineer at NatWest Group earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Development 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 10+ NatWest Group employees in India.
What is the estimated take home salary of a Development Engineer at NatWest Group in India?
The estimated take-home salary of a Development Engineer at NatWest Group in India typically ranges from ₹70,879 to ₹72,703 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from Fresher to 2 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 10+ 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 Development Engineer in India?
Signify ₹9.0 Lakhs to ₹36.0 Lakhs per year
DBS Technology Services ₹12.4 Lakhs to ₹13.6 Lakhs per year
Standard Chartered ₹7.3 Lakhs to ₹20.5 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 Development Engineer in companies similar to NatWest Group in India?
The salary of a Development Engineer at companies similar to NatWest Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets ₹8.8 Lakhs to ₹9.2 Lakhs per year
Calsoft ₹3.5 Lakhs to ₹11.0 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 Development Engineer at NatWest Group in India?
The salary growth for a Development Engineer at NatWest Group depends on factors such as experience, performance, and promotions. On average, a Development Engineer can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
Fresher ₹9.0 Lakhs to ₹17.5 Lakhs per year
1 year ₹9.0 Lakhs to ₹10.3 Lakhs per year
2 years ₹9.0 Lakhs to ₹10.2 Lakhs per year
and so on.

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NatWest Group Development Engineer salary in India ranges between ₹9 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 NatWest Group latest salaries received from various employees of NatWest Group.