Upload Button Icon Add office photos
filter salariesFilter salaries by

NatWest Group Engineering Manager salaries in India (Updated 2025)

Annual salary range
11 - 16 years exp.
₹29.6 Lakhs - ₹45 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

8% less than the average Engineering Manager Salary in Banking Companies for 11 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA
Engineering Manager Salary
11 - 16 years exp. (7 salaries)
unlock-blur

₹29.6 L/yr - ₹37 L/yr

Project & Program Management
Engineering Manager Salary
13 years exp. (AmbitionBox Estimate)
unlock-blur

₹31.6 L/yr - ₹45 L/yr

Last Updated: 20 Jan 2025

Companies similar to NatWest Group for Engineering Manager

Company name Avg Annual Salary Open Jobs
Logo
IDFC FIRST Bank Engineering Manager Salary

12 - 14 years exp. (12 salaries)

unlock blur

₹35 L/yr - ₹65 L/yr

arrow icon 56% more
Logo
Barclays Engineering Manager Salary

6 - 18 years exp. (11 salaries)

unlock blur

₹17.1 L/yr - ₹47 L/yr

arrow icon 1% less
Logo
Standard Chartered Engineering Manager Salary

12 - 15 years exp. (8 salaries)

unlock blur

₹31.2 L/yr - ₹79.3 L/yr

arrow icon 38% more
Logo
HDFC Bank Engineering Manager Salary

12 - 14 years exp. (5 salaries)

unlock blur

₹35 L/yr - ₹45 L/yr

arrow icon 17% more
1 job opening
Logo
ANZ Banking Group Engineering Manager Salary

11 - 18 years exp. (5 salaries)

unlock blur

₹23 L/yr - ₹50 L/yr

arrow icon 7% more
unlock blur

₹4.4 L/yr - ₹35.9 L/yr

arrow icon 44% less
Logo
Deutsche Bank Engineering Manager Salary

10 - 20 years exp. (5 salaries)

unlock blur

₹37 L/yr - ₹52 L/yr

arrow icon 26% more
1 job opening
Logo
Bank of America Engineering Manager Salary

13 - 18 years exp. (4 salaries)

unlock blur

₹31.2 L/yr - ₹45 L/yr

arrow icon 1% less
Logo
Axis Bank Engineering Manager Salary

5 - 6 years exp. (4 salaries)

unlock blur

₹13.5 L/yr - ₹18 L/yr

arrow icon 57% less
Engineering Manager salary at NatWest Group ranges between ₹29.6 Lakhs to ₹45 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Engineering Manager

4w ago
avg blur mobile
16 years exp.
3mo ago
avg blur mobile
15 years exp.
4mo ago
avg blur mobile
13 years exp.
5mo ago
avg blur mobile
13 years exp.
1y ago
avg blur mobile
13 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
15 years exp.

Experience wise NatWest Group Engineering Manager salaries

Last Updated: 20 Jan 2025

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

unlock blur

₹31.4 L/yr - ₹64 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹14 L/yr - ₹35.5 L/yr
13 years  (3 salaries)

unlock blur

₹29.6 L/yr - ₹45 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹30.6 L/yr - ₹39.2 L/yr
15+ years  (3 salaries)

unlock blur

₹30 L/yr - ₹35 L/yr

Similar Designation salaries in NatWest Group

Senior Engineering Manager Salary
(AmbitionBox Estimate)
unlock blur
₹47.5 L/yr - ₹52.5 L/yr
unlock blur
₹8.25 L/yr - ₹28.5 L/yr
Program Manager Salary
(23 salaries)
unlock blur
₹19 L/yr - ₹54 L/yr
Project Manager Salary
(91 salaries)
unlock blur
₹10.22 L/yr - ₹40 L/yr
unlock blur
₹16 L/yr - ₹31 L/yr
Product Manager Salary
(15 salaries)
unlock blur
₹16.89 L/yr - ₹40 L/yr
unlock blur
₹22 L/yr - ₹50 L/yr
Scrum Master Salary
(30 salaries)
unlock blur
₹10 L/yr - ₹40.2 L/yr
unlock blur
₹25.5 L/yr - ₹50 L/yr
Software Engineer Salary
(969 salaries)
unlock blur
₹8 L/yr - ₹28 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

 · 

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.

read more

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

NatWest Group Engineering Manager Salary FAQs

What is the salary of Engineering Manager at NatWest Group ?
The average salary of a Engineering Manager at NatWest Group in India typically ranges from ₹29.6 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Engineering Manager at NatWest Group earn more than ₹42.6 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Engineering 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 8 NatWest Group employees in India.
What is the estimated take home salary of a Engineering Manager at NatWest Group in India?
The estimated take-home salary of a Engineering Manager at NatWest Group in India typically ranges from ₹2,06,671 to ₹2,14,879 per month. This is based on the average salary range of ₹29.6 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 11 years to 16 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 8 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 Engineering Manager in India?
IDFC FIRST Bank ₹35.0 Lakhs to ₹65.0 Lakhs per year
Standard Chartered ₹31.2 Lakhs to ₹79.3 Lakhs per year
Deutsche Bank ₹37.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank ₹35.0 Lakhs to ₹45.0 Lakhs per year
ANZ Banking Group ₹23.0 Lakhs to ₹50.0 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 Engineering Manager in companies similar to NatWest Group in India?
The salary of a Engineering Manager at companies similar to NatWest Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹17.1 Lakhs to ₹47.0 Lakhs per year
Bank of America ₹31.2 Lakhs to ₹45.0 Lakhs per year
AU Small Finance Bank ₹4.4 Lakhs to ₹35.9 Lakhs per year
Axis Bank ₹13.5 Lakhs to ₹18.0 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 Engineering Manager at NatWest Group in India?
The salary growth for a Engineering Manager at NatWest Group depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
11 years ₹31.4 Lakhs to ₹64.0 Lakhs per year
12 years ₹14.0 Lakhs to ₹35.5 Lakhs per year
13 years ₹29.6 Lakhs to ₹45.0 Lakhs per year
14 years ₹30.6 Lakhs to ₹39.2 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Engineering Manager salary in India ranges between ₹29.6 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 NatWest Group latest salaries received from various employees of NatWest Group.