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NatWest Group Principal Engineer salaries in India

Annual salary range
12 - 20 years exp.
₹25.5 Lakhs - ₹51 Lakhs
Salary of majority employees
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20% more than the average Principal Engineer Salary in Banking Companies for 12 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Engineer Salary
12 - 20 years exp. (61 salaries)
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₹29 L/yr - ₹50 L/yr

Project & Program Management
Principal Engineer Salary
15 - 20 years exp. (8 salaries)
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₹25.5 L/yr - ₹43 L/yr

IT & Information Security
Principal Engineer Salary
12 - 20 years exp. (3 salaries)
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₹35 L/yr - ₹42.5 L/yr

Last Updated: 24 Jan 2025

Companies similar to NatWest Group for Principal Engineer

Company name Avg Annual Salary Open Jobs
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TCS Principal Engineer Salary

7 - 19 years exp. (15 salaries)

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₹18 L/yr - ₹46.3 L/yr

arrow icon 28% less
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Infosys Principal Engineer Salary

5 - 18 years exp. (12 salaries)

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₹19 L/yr - ₹45.8 L/yr

arrow icon 22% less
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Wipro Principal Engineer Salary

9 - 25 years exp. (23 salaries)

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₹13 L/yr - ₹44.6 L/yr

arrow icon 23% less
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Tech Mahindra Principal Engineer Salary

8 - 18 years exp. (5 salaries)

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₹21 L/yr - ₹27 L/yr

arrow icon 38% less
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HCLTech Principal Engineer Salary

10 - 15 years exp. (3 salaries)

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₹34.5 L/yr - ₹45 L/yr

arrow icon 4% more
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Wells Fargo Principal Engineer Salary

12 - 19 years exp. (44 salaries)

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₹47 L/yr - ₹1.1 Cr/yr

arrow icon 84% more
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Standard Chartered Principal Engineer Salary

6 - 19 years exp. (16 salaries)

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₹19.3 L/yr - ₹50 L/yr

arrow icon 5% more
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₹21 L/yr - ₹40 L/yr

arrow icon 20% less
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Citigroup Principal Engineer Salary

18 - 20 years exp. (4 salaries)

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₹46 L/yr - ₹48 L/yr

arrow icon 24% more
Principal Engineer salary at NatWest Group ranges between ₹25.5 Lakhs to ₹51 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 87 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Principal Engineer

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Experience wise NatWest Group Principal Engineer salaries

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
12 years  (9 salaries)

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₹31.4 L/yr - ₹42.5 L/yr
13 years  (8 salaries)

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₹30 L/yr - ₹46.5 L/yr
14 years  (5 salaries)

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₹31.5 L/yr - ₹42.1 L/yr
15+ years  (65 salaries)

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₹25.5 L/yr - ₹51 L/yr

Similar Designation salaries in NatWest Group

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₹12 L/yr - ₹25 L/yr
Lead Engineer Salary
(76 salaries)
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₹19.4 L/yr - ₹35 L/yr
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₹20 L/yr - ₹45 L/yr
Principal Consultant Salary
(AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr
Software Engineer Salary
(861 salaries)
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₹7.61 L/yr - ₹27 L/yr
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₹16 L/yr - ₹31 L/yr
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₹19 L/yr - ₹36 L/yr
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₹21.1 L/yr - ₹42 L/yr
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₹10.02 L/yr - ₹33 L/yr
Technical Lead Salary
(187 salaries)
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₹14 L/yr - ₹36 L/yr

Top skills at NatWest Group for Principal Engineer

Database Design Agile Unit Testing Testing Tools Automation Software Engineering Architecture Software Development Devops Java SOA Monitoring Agile Testing Javascript Microservices

Salary related reviews for NatWest Group

3.4

Rated by 9 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.

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.

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  • Skill development - Poor
  • +2 more

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

 · 

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.

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  • Work satisfaction - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work-life balance

  • Skill development - Good
  • +2 more

Dislikes

...on a fixed-term contract with no intention of making me a permanent employee. 2.No Salary Increment: As an FTC employee, there were no salary increments, which is extremely discouraging and doesn't reflect the hard work and dedication put into the job. 3.Unstable Work Assignments: After the probation period, they assigned me to different teams for various projects. Despite contributing significantly to these projects, they still refused to make my position permanent. Once the project was completed, they simply terminated my contract. 4.External Hiring Over Internal Promotion: Instead of offering permanent positions to current FTC employees, the company continuously hires new people from outside. This practice shows a complete disregard for the loyalty and potential of their current employees.

read more
  • Salary - Bad
  • +3 more
see more salary related reviews

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NatWest Group Principal Engineer Salary FAQs

What is the salary of Principal Engineer at NatWest Group?
Principal Engineer salary at NatWest Group in India ranges between ₹25.5 Lakhs to ₹51.0 Lakhs for experience between 12 years to 20 years. According to our estimates it is 20% more than the average Principal Engineer Salary in India. Salary estimates are based on 87 latest salaries received from various employees of NatWest Group India.
How does the salary of a Principal Engineer at NatWest Group India compare with the average salary range for this job?
The average salary of a Principal Engineer at NatWest Group is 20% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Principal Engineer at NatWest Group?
Database Design, Agile, Unit Testing, Testing Tools and Automation are some of the popular skills required to work as a Principal Engineer at NatWest Group India.
Which similar companies are paying more than NatWest Group to a Principal Engineer in India?
  • Wells Fargo Principal Engineer Salary - ₹47.0 Lakhs to ₹114.0 Lakhs per year
  • Citigroup Principal Engineer Salary - ₹46.0 Lakhs to ₹48.0 Lakhs per year
  • Standard Chartered Principal Engineer Salary - ₹19.3 Lakhs to ₹50.0 Lakhs per year
  • HCLTech Principal Engineer Salary - ₹34.5 Lakhs to ₹45.0 Lakhs per year
What is the salary of a Principal Engineer in companies similar to NatWest Group in India?
  • JPMorgan Chase & Co. Principal Engineer Salary - ₹21.0 Lakhs to ₹40.0 Lakhs per year
  • Infosys Principal Engineer Salary - ₹19.0 Lakhs to ₹45.8 Lakhs per year
  • Wipro Principal Engineer Salary - ₹13.0 Lakhs to ₹44.6 Lakhs per year
  • TCS Principal Engineer Salary - ₹18.0 Lakhs to ₹46.3 Lakhs per year
  • Tech Mahindra Principal Engineer Salary - ₹21.0 Lakhs to ₹27.0 Lakhs per year
What is the estimated take home salary of a Principal Engineer at NatWest Group in India?
The estimated take-home salary of a Principal Engineer at NatWest Group ranges between ₹2,25,040 per month to ₹2,34,078 per month in India. The take-home salary calculation is based on the average NatWest Group Principal Engineer salary in India which ranges between ₹25.5 Lakhs to ₹51.0 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Principal Engineer at NatWest Group?
According to AmbitionBox, 78% of the NatWest Group Principal Engineers reported a notice period of 3 Months, 14% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 51 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

NatWest Group Principal Engineer salary in India ranges between ₹25.5 Lakhs to ₹51 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 87 NatWest Group latest salaries received from various employees of NatWest Group.