New India Co-Op Bank Software Engineer Salaries by 10+ Employees (Updated 2025)

1 - 4 years exp.

₹2.2 Lakhs - ₹5.8 Lakhs

Salary of majority employees

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46% less than the average Software Engineer Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 9 Feb 2025

Companies similar to New India Co-Op Bank for Software Engineer

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Punjab National Bank Software Engineer Salary 0 - 7 years exp. (3 salaries)	Unlock ₹1.4 L/yr - ₹8 L/yr 11% more
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	Unlock ₹7.6 L/yr - ₹15 L/yr 97% more
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ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	Unlock ₹3.8 L/yr - ₹11.9 L/yr 85% more
HDFC Bank Software Engineer Salary 1 - 6 years exp. (91 salaries)	Unlock ₹2.4 L/yr - ₹12.8 L/yr 62% more
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	Unlock ₹2.3 L/yr - ₹10.3 L/yr 50% more
Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	Unlock ₹10.9 L/yr - ₹20.9 L/yr 179% more
Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	Unlock ₹9.9 L/yr - ₹18.2 L/yr 183% more
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Mashreq Bank Software Engineer Salary 0 - 3 years exp. (7 salaries)	Unlock ₹3.2 L/yr - ₹9.5 L/yr 14% more
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Software Engineer salary at New India Co-Op Bank ranges between ₹2.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 14 latest salaries received from various employees of New India Co-Op Bank.

Latest annual salaries shared by New India Co-Op Bank Software Engineer

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Experience wise New India Co-Op Bank Software Engineer salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	Unlock ₹2.2 L/yr - ₹5 L/yr
2 years (5 salaries)	Unlock ₹2.6 L/yr - ₹4.8 L/yr
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3 years (3 salaries)	Unlock ₹4.6 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.8 L/yr

Similar Designation salaries in New India Co-Op Bank

System Engineer Salary

(8 salaries)

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₹2.28 L/yr - ₹7.5 L/yr

Senior Software Engineer Salary

(4 salaries)

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₹5 L/yr - ₹5.5 L/yr

Software Developer Salary

(4 salaries)

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₹4.1 L/yr - ₹5.48 L/yr

Team Lead Salary

(AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr

Salary related reviews for New India Co-Op Bank

3.2

Rated by 2 employees for salary & benefits

System Engineer in Mumbai

Full Time

IT & Information Security Department

1.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

Nothing to like here, It is the worst company you will ever join with all false promises, HR has the highest package All the higher influenced people and authorities have huge salaries and the good working staff has less than ever salary , bootlickers are welcomed here becoz they only do that thing only other than job. No hikes, no promotion nothing is good here

Dislikes

Head HR is a biggest headache who doesn’t know anything, just giving false examples and promises Every team has a bootlicker who get salary hike without doing any work and the hard worked employees are not paid. KRA is another big problem where you will not be given a good hike instead you will be compared with a security guard saying he can also do this, thats the worst thing you can ever hear from your manager. Salary is also not according to standards Not the designation and also the workplace is good Its full of politics and toxic environment. Ketan Muni is one of the worst guy you will ever see with no knowledge and some Gujarat influence he came to that stage of head of operations. Other than that he is even not eligible to be a officer. Rajiv tiwary is another bootlicker of CEO who had made this bank more worst and becoz of this guy the employees here are resigning

Salary - Bad

+6 more

Senior Officer in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Apr 2024

1.0

for Salary and Benefits

Likes

...r of some one important to new india.. he stole 6 lakhs cash from vasai branch.. all the 3 staffs from branch were pressurized to pay giving assurance that the investigation would go on and that all the staff at any cost have to pay... Assuring that if in future the culprit is caught the amount would be recovered.... Continued in dislikes

Dislikes

...the amount of virar branch from his relative and when i asked about the 6 lakhs. The management said why did you pay if you had not stolen the money. The other reason they gave was if he stole in virar that does not mean he stole the money in vasai branch too... The HR gave me he worst example saying " If a person commits a murder in 1996 and now in 2023 again a murder is occured ... That does not mean he is again the murderer.

Salary - Bad

+6 more

Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Apr 2023

1.0

for Salary and Benefits

Likes

Good for freshers with no experience. Easy to crack interviews as my colleagues had literally given his interview in marathi.

Dislikes

Low pay. No appraisal. No work life balance. No skill development as such. Nepotism is prevalent in whole bank and you have to a boss licker to get promotion

Salary - Bad

+5 more

Finacle Application Support Engineer (working remotely)

Full Time

Consulting Department

3.0

• posted on 29 Nov 2022

1.0

for Salary and Benefits

Likes

Helps to develop new skills Better career growth Direct access to production Job security

Skill development - Excellent

+2 more

Dislikes

Managers firm (Only manager being listen here) No salary Hikes at all Toxic Team leads (Especially at IT department) Employees have to work on holidays without expecting any compensation. HRD is really very terrible

Salary - Bad

+3 more

Junior Officer in Mumbai

Sales & Business Development Department

3.0

• posted on 20 Aug 2018

1.0

for Salary and Benefits

Likes

Employee are helping and friendly. No leave restrictions.Managers are very understanding

Dislikes

There is no compensation.if you resign before your notice they deduct your salary from your account.eg. notice period is for 3 months and you served only for a month they deduct 2 months of salary from your account. growth is very slow

Salary - Bad

+1 more

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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New India Co-Op Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at New India Co-Op Bank?

Software Engineer salary at New India Co-Op Bank in India ranges between ₹2.2 Lakhs to ₹5.8 Lakhs for experience between 1 years to 4 years. According to our estimates it is 46% less than the average Software Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of New India Co-Op Bank India.

How does the salary of a Software Engineer at New India Co-Op Bank India compare with the average salary range for this job?

The average salary of a Software Engineer at New India Co-Op Bank is 46% less than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than New India Co-Op Bank to a Software Engineer in India?

Emirates NBD Software Engineer Salary - ₹16.7 Lakhs to ₹54.0 Lakhs per year
Paytm Payments Bank Software Engineer Salary - ₹6.4 Lakhs to ₹25.7 Lakhs per year
Union Bank of India Software Engineer Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Bank of Baroda Software Engineer Salary - ₹9.9 Lakhs to ₹18.2 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹10.9 Lakhs to ₹20.9 Lakhs per year

What is the salary of a Software Engineer in companies similar to New India Co-Op Bank in India?

South Indian Bank Software Engineer Salary - ₹5.0 Lakhs to ₹15.4 Lakhs per year
City Union Bank Software Engineer Salary - ₹7.2 Lakhs to ₹15.0 Lakhs per year
IDFC FIRST Bank Software Engineer Salary - ₹4.0 Lakhs to ₹16.2 Lakhs per year
RBL Bank Software Engineer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at New India Co-Op Bank in India?

The estimated take-home salary of a Software Engineer at New India Co-Op Bank ranges between ₹33,287 per month to ₹34,552 per month in India. The take-home salary calculation is based on the average New India Co-Op Bank Software Engineer salary in India which ranges between ₹2.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at New India Co-Op Bank?

According to AmbitionBox, 50% of the New India Co-Op Bank Software Engineers reported a notice period of 3 Months, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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New India Co-Op Bank Software Engineer Salaries

New India Co-Op Bank Software Engineer salary in India ranges between ₹2.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 New India Co-Op Bank latest salaries received from various employees of New India Co-Op Bank.

New India Co-Op Bank Software Engineer salaries in India (Updated 2025)

Companies similar to New India Co-Op Bank for Software Engineer

Latest annual salaries shared by New India Co-Op Bank Software Engineer

Experience wise New India Co-Op Bank Software Engineer salaries

Similar Designation salaries in New India Co-Op Bank

Salary related reviews for New India Co-Op Bank

System Engineer in Mumbai

Senior Officer in Mumbai

Officer in Mumbai

Finacle Application Support Engineer (working remotely)

Junior Officer in Mumbai

New India Co-Op Bank Software Engineer Salary FAQs

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