Newel Technologies Mumbai Software Developer Salaries by 6 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

63% less than the average Software Developer Salary in IT Services & Consulting Companies for 2 - 6 years of experience

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Last Updated: 7 Jan 2025

Companies similar to Newel Technologies for Software Developer in Mumbai

Newel Technologies Software Developer Salary

2 - 6 years exp. (6 salaries)

₹3 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Apmosys Technologies Software Developer Salary 1 - 4 years exp. (21 salaries)	₹2 L/yr - ₹6.6 L/yr 17% more	1 job opening
ZingHR Software Developer Salary 1 - 7 years exp. (19 salaries)	₹4.5 L/yr - ₹15 L/yr 175% more
Login to view exact salary
DynPro Software Developer Salary 3 - 7 years exp. (6 salaries)	₹5 L/yr - ₹10 L/yr 108% more
Sellcraft Global Solutions Software Developer Salary 3 - 6 years exp. (6 salaries)	₹5.4 L/yr - ₹7.2 L/yr 88% more
IT Solutions Software Developer Salary 0 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3.3 L/yr 16% less

Software Developer salary at Newel Technologies ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Newel Technologies.

Experience wise Newel Technologies Software Developer salaries in Mumbai

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in Newel Technologies

Senior Software Engineer Salary

(11 salaries)

₹5.4 L/yr - ₹15 L/yr

Senior Software Developer Salary

(7 salaries)

₹6 L/yr - ₹11.95 L/yr

Technical Lead Salary

(4 salaries)

₹10.1 L/yr - ₹19.3 L/yr

Software Engineer Salary

(4 salaries)

₹5.4 L/yr - ₹7.15 L/yr

Team Lead Salary

(3 salaries)

₹4.2 L/yr - ₹14 L/yr

Salary related reviews for Newel Technologies

1.1

Rated by 3 employees for salary & benefits

Software Developer in Thane

Engineering - Software & QA Department

3.0

• posted on 01 Feb 2022

3.0

for Salary and Benefits

Likes

We get job security in this company. Management is good . But I find some issue regarding company policy. Job satisfaction is kind of personal think me, opinion about it may be different for everyone.

Skill development - Good

+2 more

Dislikes

About its policies. Many time it change there words.

Work satisfaction - Bad

+1 more

Junior Software Developer in Thane

Engineering - Software & QA Department

5.0

• posted on 13 Jan 2022

5.0

for Salary and Benefits

Likes

It has being a great experience working at Newel Technologies as I got to learn from scratch regarding product development . I joined as a fresher and with the help of my supporting seniors got to learn various things in programming . All the members have positive attitude towards work . There were times when I was a little depressed at start as it was a new thing for me working in IT industry and was new to adapt it but due to proper guidance from my seniors and opportunities given by them in Live project I succeeded my goals of becoming a software developer .

Salary - Excellent

+6 more

Dislikes

Some downside might be like in other companies here there are not festival celebration gathering events which can be ignored as it might be due to following Covid-19 rules and regulations for the safety of members working in the company .

Software Engineer in Mumbai

Engineering - Software & QA Department

4.0

• posted on 17 Feb 2021

5.0

for Salary and Benefits

Likes

Entire Newel Team is very friendly. You can ask any kind of help from the team at any time, and team is there for you. Even in pandemic situation company has given full salaries to employees no any salary deduction.

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike about this company.

Software Developer in Mumbai

Engineering - Software & QA Department

1.0

• posted on 24 Jan 2022

1.0

for Salary and Benefits

Likes

Nothing. The management exploits it's employees. They will give you twice the workload you can handle with no help Or assistance.

Dislikes

Management. The management is clueless about the projects they then are handling.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Newel Technologies Software Developer Salary FAQs

What is the salary of Software Developer at Newel Technologies in Mumbai?

The average salary of a Software Developer at Newel Technologies in Mumbai typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Developer in Mumbai at Newel Technologies earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Software Developer Salaries at Newel Technologies 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 6 Newel Technologies employees in India.

What is the estimated take home salary of a Software Developer at Newel Technologies in Mumbai?

The estimated take-home salary of a Software Developer at Newel Technologies in Mumbai typically ranges from ₹26,110 to ₹27,532 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 salaries received from various employees of Newel Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Newel Technologies for Software Developer in India?

ZingHR	₹4.5 Lakhs to ₹15.0 Lakhs per year
DynPro	₹5.0 Lakhs to ₹10.0 Lakhs per year
Sellcraft Global Solutions	₹5.4 Lakhs to ₹7.2 Lakhs per year
Apmosys Technologies	₹2.0 Lakhs to ₹6.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Newel Technologies, depending on the role and experience level.

What is the salary of a Software Developer in companies similar to Newel Technologies in Mumbai?

The salary of a Software Developer at companies similar to Newel Technologies in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IT Solutions

₹2.1 Lakhs to ₹3.3 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 Software Developer at Newel Technologies in Mumbai?

The salary growth for a Software Developer at Newel Technologies in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Newel Technologies:

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
5 years	₹3.3 Lakhs to ₹4.2 Lakhs per year

and so on.

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Newel Technologies Software Developer Salaries in Mumbai

Newel Technologies Software Developer salary in Mumbai ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Newel Technologies latest salaries received from various employees of Newel Technologies.