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NatWest Group Principal Engineer salaries in New Delhi (Updated 2025)

Annual salary range
14 - 20 years exp.
₹30.5 Lakhs - ₹47 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% more than the average Principal Engineer Salary in Banking Companies for 14 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA
Principal Engineer Salary
14 - 20 years exp. (10 salaries)
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₹30.5 L/yr - ₹47 L/yr

Project & Program Management
Principal Engineer Salary
20 years exp. (AmbitionBox Estimate)
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₹36.5 L/yr - ₹38 L/yr

Last Updated: 11 Jan 2025

Companies similar to NatWest Group for Principal Engineer in New Delhi

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NatWest Group Principal Engineer Salary

14 - 20 years exp. (12 salaries)

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₹30.5 L/yr - ₹47 L/yr

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Company name Avg Annual Salary Open Jobs
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₹12.5 L/yr - ₹30 L/yr

arrow icon 41% less
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Nagarro Principal Engineer Salary

13 - 17 years exp. (19 salaries)

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₹28 L/yr - ₹50 L/yr

arrow icon 7% more
13 job openings
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Technip Energies Principal Engineer Salary

10 - 16 years exp. (13 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 49% less
1 job opening
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₹12 L/yr - ₹24.5 L/yr

arrow icon 46% less
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AECOM Principal Engineer Salary

11 - 14 years exp. (10 salaries)

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₹13.7 L/yr - ₹28.9 L/yr

arrow icon 41% less
18 job openings
Principal Engineer salary at NatWest Group ranges between ₹30.5 Lakhs to ₹47 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 12 latest salaries received from various employees of NatWest Group.

Latest annual salaries shared by NatWest Group Principal Engineer in New Delhi

2mo ago
₹33.5 Lakhs
20 years exp.
7mo ago
₹34 Lakhs
20 years exp.
8mo ago
₹33.5 Lakhs
19 years exp.
1y ago
₹31 Lakhs
19 years exp.
1y ago
₹47 Lakhs
16 years exp.
1y ago
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18 years exp.
1y ago
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16 years exp.
1y ago
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20 years exp.

Experience wise NatWest Group Principal Engineer salaries in New Delhi

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
14 years  (3 salaries)

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₹31.5 L/yr - ₹39 L/yr
15+ years  (9 salaries)

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₹30.5 L/yr - ₹47 L/yr

Similar Designation salaries in NatWest Group

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₹8.5 L/yr - ₹24.06 L/yr
Technical Lead Salary
(23 salaries)
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₹17.5 L/yr - ₹36 L/yr
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₹10 L/yr - ₹30 L/yr
Lead Engineer Salary
(15 salaries)
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₹24 L/yr - ₹33.6 L/yr
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₹16 L/yr - ₹31 L/yr
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₹28.15 L/yr - ₹33 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

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.

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  • 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

read more
  • 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.

read more
  • Salary - 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.

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  • 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.

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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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NatWest Group Principal Engineer Salary FAQs

What is the salary of Principal Engineer at NatWest Group in New Delhi?
The average salary of a Principal Engineer at NatWest Group in New Delhi typically ranges from ₹30.5 Lakhs to ₹47.0 Lakhs per year, depending on experience (from 14 years to 20 years).

The top 10% of Principal Engineer in New Delhi at NatWest Group earn more than ₹42.1 Lakhs per year, and the top 1% earn over ₹47.0 Lakhs per year. Principal 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 Principal Engineer at NatWest Group in New Delhi?
The estimated take-home salary of a Principal Engineer at NatWest Group in New Delhi typically ranges from ₹2,26,380 to ₹2,35,479 per month. This is based on the average salary range of ₹30.5 Lakhs to ₹47.0 Lakhs per year for employees with experience ranging from 14 years to 20 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 Principal Engineer at NatWest Group in New Delhi?
To be a Principal Engineer at NatWest Group in New Delhi, the key skills required include:

  • - Database Design
  • - Agile
  • - Unit Testing
  • - Testing Tools
  • - Automation

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 Principal Engineer in India?
Nagarro ₹28.0 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 Principal Engineer in companies similar to NatWest Group in New Delhi?
The salary of a Principal Engineer at companies similar to NatWest Group in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hughes Systique Corporation ₹12.5 Lakhs to ₹30.0 Lakhs per year
AECOM ₹13.7 Lakhs to ₹28.9 Lakhs per year
Jacobs Engineering Group ₹12.0 Lakhs to ₹24.5 Lakhs per year
Technip Energies ₹12.0 Lakhs to ₹22.0 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 Principal Engineer at NatWest Group in New Delhi?
The salary growth for a Principal Engineer at NatWest Group in New Delhi depends on factors such as experience, performance, and promotions. On average, a Principal Engineer in New Delhi can expect the following growth trajectory at NatWest Group:

Experience Average Salary Range
14 years ₹31.5 Lakhs to ₹39.0 Lakhs per year
15 years ₹30.5 Lakhs to ₹47.0 Lakhs per year
and so on.

Tell us how to improve this page.

NatWest Group Principal Engineer salary in New Delhi ranges between ₹30.5 Lakhs to ₹47 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.