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NatWest Group Development Manager salaries in Chennai

Annual salary range
6 - 18 years exp.
₹13 Lakhs - ₹34.8 Lakhs
Salary of majority employees
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216% more than the average Development Manager Salary in Banking Companies for 6 - 18 years of experience

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Salaries in different departments

Engineering - Software & QA
Development Manager Salary
6 - 16 years exp. (9 salaries)
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₹12.9 L/yr - ₹30 L/yr

Project & Program Management
Development Manager Salary
13 - 18 years exp. (4 salaries)
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₹18.7 L/yr - ₹30.8 L/yr

Data Science & Analytics
Development Manager Salary
15 - 17 years exp. (AmbitionBox Estimate)
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₹13.6 L/yr - ₹31.7 L/yr

Last Updated: 26 Sep 2023

Companies similar to NatWest Group for Development Manager in Chennai

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NatWest Group Development Manager Salary

6 - 18 years exp. (17 salaries)

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₹13 L/yr - ₹34.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Standard Chartered Development Manager Salary

8 - 17 years exp. (70 salaries)

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₹16.1 L/yr - ₹40 L/yr

arrow icon 12% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 87% less
2 job openings
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BNY Development Manager Salary

11 - 19 years exp. (18 salaries)

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₹15 L/yr - ₹41 L/yr

arrow icon 5% more
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₹2.2 L/yr - ₹4 L/yr

arrow icon 87% less
5 job openings
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FIS Development Manager Salary

13 - 17 years exp. (10 salaries)

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₹21.1 L/yr - ₹34.9 L/yr

arrow icon 16% more
Development Manager salary at NatWest Group ranges between ₹13 Lakhs to ₹34.8 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 17 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Development Manager in Chennai

1y ago
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16 years exp.

Experience wise NatWest Group Development Manager salaries in Chennai

Last Updated: 26 Sep 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹15.4 L/yr - ₹19.6 L/yr
7 years (AmbitionBox Estimate)

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₹16.6 L/yr - ₹21.2 L/yr
8 years (AmbitionBox Estimate)

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₹17.8 L/yr - ₹22.7 L/yr
9 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr
10 years (AmbitionBox Estimate)

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₹20.1 L/yr - ₹25.7 L/yr
View all

Similar Designation salaries in NatWest Group

Project Manager Salary
(31 salaries)
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₹10.22 L/yr - ₹33 L/yr
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₹7 L/yr - ₹23.84 L/yr
Scrum Master Salary
(11 salaries)
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₹12.2 L/yr - ₹33 L/yr
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₹22 L/yr - ₹45 L/yr
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₹25.84 L/yr - ₹47 L/yr

Top skills at NatWest Group for Development Manager

Technical Architecture Software Development Methodologies Architecture Subject Matter Expertise Banking

Salary related reviews for NatWest Group

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Rated by 1 employees for salary & benefits

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

 · 

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.

read more
  • 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.

read more

Full Time

 · 

Other Department

5.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Work-life balance is the one thing that I like most in NatWest Group.

  • Skill development - Excellent
  • +5 more

Dislikes

...tly over time, but I feel that my compensation hasn’t been adjusted accordingly. With added tasks and higher expectations, I believe my salary should better reflect the increased workload and contributions I’m making to the team.

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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.

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  • 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
see more salary related reviews

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NatWest Group Development Manager Salary FAQs

What is the salary of Development Manager at NatWest Group in Chennai?
The average salary of a Development Manager at NatWest Group in Chennai typically ranges from ₹13.0 Lakhs to ₹34.8 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Development Manager in Chennai at NatWest Group earn more than ₹30.6 Lakhs per year, and the top 1% earn over ₹34.8 Lakhs per year. Development Manager 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 Manager at NatWest Group in Chennai?
The estimated take-home salary of a Development Manager at NatWest Group in Chennai typically ranges from ₹1,58,469 to ₹1,64,498 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹34.8 Lakhs per year for employees with experience ranging from 6 years to 18 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.
What are the key skills required to be a Development Manager at NatWest Group in Chennai?
To be a Development Manager at NatWest Group in Chennai, the key skills required include:

  • - Technical Architecture
  • - Software Development Methodologies
  • - Architecture
  • - Subject Matter Expertise
  • - Banking

These skills are highly valued at NatWest Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NatWest Group for Development Manager in India?
FIS ₹21.1 Lakhs to ₹34.9 Lakhs per year
Standard Chartered ₹16.1 Lakhs to ₹40.0 Lakhs per year
BNY ₹15.0 Lakhs to ₹41.0 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 Manager in companies similar to NatWest Group in Chennai?
The salary of a Development Manager at companies similar to NatWest Group in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBI Life Insurance Company ₹1.8 Lakhs to ₹4.0 Lakhs per year
Edelweiss Life Insurance ₹2.2 Lakhs to ₹4.0 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 Manager at NatWest Group in Chennai?
The salary growth for a Development Manager at NatWest Group in Chennai depends on factors such as experience, performance, and promotions. On average, a Development Manager in Chennai can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
6 years ₹15.4 Lakhs to ₹19.6 Lakhs per year
7 years ₹16.6 Lakhs to ₹21.2 Lakhs per year
8 years ₹17.8 Lakhs to ₹22.7 Lakhs per year
9 years ₹18.9 Lakhs to ₹24.2 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Development Manager salary in Chennai ranges between ₹13 Lakhs to ₹34.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 NatWest Group latest salaries received from various employees of NatWest Group.