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NatWest Group Principal Engineer salaries in Chennai

Annual salary range
12 - 20 years exp.
₹25.5 Lakhs - ₹46 Lakhs
Salary of majority employees
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31% 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. (20 salaries)
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₹29 L/yr - ₹43 L/yr

Project & Program Management
Principal Engineer Salary
15 - 18 years exp. (5 salaries)
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₹25.5 L/yr - ₹43 L/yr

IT & Information Security
Principal Engineer Salary
12 years exp. (AmbitionBox Estimate)
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₹36.7 L/yr - ₹42.5 L/yr

Last Updated: 18 Feb 2025

Companies similar to NatWest Group for Principal Engineer in Chennai

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NatWest Group Principal Engineer Salary

12 - 20 years exp. (30 salaries)

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₹25.5 L/yr - ₹46 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Wipro Principal Engineer Salary

15 - 25 years exp. (7 salaries)

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₹11.7 L/yr - ₹36.3 L/yr

arrow icon 26% less
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Standard Chartered Principal Engineer Salary

14 - 17 years exp. (3 salaries)

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₹30 L/yr - ₹50 L/yr

arrow icon 10% more
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Saipem Principal Engineer Salary

9 - 16 years exp. (157 salaries)

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₹11 L/yr - ₹24.6 L/yr

arrow icon 52% less
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Jasmin Infotech Principal Engineer Salary

6 - 11 years exp. (93 salaries)

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₹7.6 L/yr - ₹20.1 L/yr

arrow icon 56% less
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VA Tech Wabag Principal Engineer Salary

8 - 16 years exp. (50 salaries)

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₹7.5 L/yr - ₹15.3 L/yr

arrow icon 69% less
Principal Engineer salary at NatWest Group ranges between ₹25.5 Lakhs to ₹46 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 30 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Principal Engineer in Chennai

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18 years exp.
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13 years exp.
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18 years exp.
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12 years exp.
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17 years exp.
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14 years exp.
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18 years exp.
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13 years exp.
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18 years exp.
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17 years exp.

Experience wise NatWest Group Principal Engineer salaries in Chennai

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹31.4 L/yr - ₹42.5 L/yr
13 years (AmbitionBox Estimate)

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₹35 L/yr - ₹65.5 L/yr
14 years (AmbitionBox Estimate)

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₹34 L/yr - ₹65.5 L/yr
15+ years  (25 salaries)

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₹25.5 L/yr - ₹46 L/yr

Similar Designation salaries in NatWest Group

Software Engineer Salary
(146 salaries)
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₹6.58 L/yr - ₹26 L/yr
Technical Lead Salary
(60 salaries)
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₹14 L/yr - ₹36 L/yr
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₹10.45 L/yr - ₹30 L/yr
Lead Engineer Salary
(13 salaries)
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₹21 L/yr - ₹32 L/yr
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₹19 L/yr - ₹28 L/yr
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₹27 L/yr - ₹42 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

3.0

Rated by 1 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.

read more
  • 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

 · 

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
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NatWest Group Principal Engineer Salary FAQs

What is the salary of Principal Engineer at NatWest Group Chennai?
Principal Engineer salary at NatWest Group in Chennai ranges between ₹25.5 Lakhs to ₹46.0 Lakhs for experience between 12 years to 20 years. According to our estimates it is 31% more than the average Principal Engineer Salary in India. Salary estimates are based on 30 latest salaries received from various employees of NatWest Group Chennai.
How does the salary of a Principal Engineer at NatWest Group Chennai compare with the average salary range for this job?
The average salary of a Principal Engineer at NatWest Group is 31% more than the average salary of a Principal Engineer in Chennai. 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 Chennai.
Which similar companies are paying more than NatWest Group to a Principal Engineer in Chennai?
  • Standard Chartered Principal Engineer Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year
What is the salary of a Principal Engineer in companies similar to NatWest Group in Chennai?
  • Wipro Principal Engineer Salary - ₹11.7 Lakhs to ₹36.3 Lakhs per year
  • Saipem Principal Engineer Salary - ₹11.0 Lakhs to ₹24.6 Lakhs per year
  • Jasmin Infotech Principal Engineer Salary - ₹7.6 Lakhs to ₹20.1 Lakhs per year
  • VA Tech Wabag Principal Engineer Salary - ₹7.5 Lakhs to ₹15.3 Lakhs per year
What is the estimated take home salary of a Principal Engineer at NatWest Group in Chennai?
The estimated take-home salary of a Principal Engineer at NatWest Group ranges between ₹2,19,333 per month to ₹2,28,113 per month in Chennai. The take-home salary calculation is based on the average NatWest Group Principal Engineer salary in India which ranges between ₹25.5 Lakhs to ₹46.0 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 in Chennai?
According to AmbitionBox, 83% of the NatWest Group Principal Engineers in Chennai reported a notice period of 3 Months, 17% reported a notice period of 2 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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NatWest Group Principal Engineer salary in Chennai ranges between ₹25.5 Lakhs to ₹46 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 NatWest Group latest salaries received from various employees of NatWest Group.