Newel Technologies Mumbai Software Engineer Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹5.4 Lakhs - ₹9 Lakhs

Salary of majority employees

16% less than the average Software Engineer Salary in IT Services & Consulting Companies for 3 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 4 - 6 years exp. (3 salaries)	₹6.1 L/yr - ₹9 L/yr
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UX, Design & Architecture Software Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹6 L/yr

Last Updated: 1 Feb 2025

Companies similar to Newel Technologies for Software Engineer in Mumbai

Newel Technologies Software Engineer Salary

3 - 6 years exp. (5 salaries)

₹5.4 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 7 years exp. (851 salaries)	₹1.8 L/yr - ₹10 L/yr 4% less
Wipro Software Engineer Salary 0 - 8 years exp. (422 salaries)	₹1.8 L/yr - ₹14.4 L/yr 13% more	13 job openings
Login to view exact salary
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (688 salaries)	₹2.2 L/yr - ₹10.1 L/yr 4% less	1 job opening
LTIMindtree Software Engineer Salary 0 - 7 years exp. (1.6k salaries)	₹2.5 L/yr - ₹9 L/yr 8% less	1 job opening
L&T Technology Services Software Engineer Salary 0 - 5 years exp. (49 salaries)	₹4 L/yr - ₹11 L/yr 4% less
Mphasis Software Engineer Salary 0 - 7 years exp. (224 salaries)	₹2.3 L/yr - ₹11 L/yr 5% less	1 job opening
Hexaware Technologies Software Engineer Salary 0 - 5 years exp. (218 salaries)	₹2 L/yr - ₹10.2 L/yr 16% less
Apmosys Technologies Software Engineer Salary 0 - 5 years exp. (180 salaries)	₹1.8 L/yr - ₹8.5 L/yr 35% less
Diverse Lynx Software Engineer Salary 2 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr 8% less
IT Solutions Software Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹4.7 L/yr 35% less
DynPro Software Engineer Salary 3 - 6 years exp. (3 salaries)	₹5 L/yr - ₹8.6 L/yr 19% more
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Software Engineer salary at Newel Technologies ranges between ₹5.4 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Newel Technologies.

Experience wise Newel Technologies Software Engineer salaries in Mumbai

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.7 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr
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5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.2 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

(8 salaries)

₹6 L/yr - ₹11.95 L/yr

Software Developer Salary

(6 salaries)

₹3 L/yr - ₹6.5 L/yr

Team Lead Salary

(3 salaries)

₹4.2 L/yr - ₹14 L/yr

Technical Lead Salary

(3 salaries)

₹10.1 L/yr - ₹19.3 L/yr

Salary related reviews for Newel Technologies

4.1

Rated by 2 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 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

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.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Newel Technologies Software Engineer Salary FAQs

What is the salary of Software Engineer at Newel Technologies Mumbai?

Software Engineer salary at Newel Technologies in Mumbai ranges between ₹5.4 Lakhs to ₹9.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 16% less than the average Software Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Newel Technologies Mumbai.

How does the salary of a Software Engineer at Newel Technologies Mumbai compare with the average salary range for this job?

The average salary of a Software Engineer at Newel Technologies is 16% less than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Newel Technologies to a Software Engineer in Mumbai?

DynPro Software Engineer Salary - ₹5.0 Lakhs to ₹8.6 Lakhs per year
Wipro Software Engineer Salary - ₹1.8 Lakhs to ₹14.4 Lakhs per year

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

Tech Mahindra Software Engineer Salary - ₹2.2 Lakhs to ₹10.1 Lakhs per year
L&T Technology Services Software Engineer Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
TCS Software Engineer Salary - ₹1.8 Lakhs to ₹10.0 Lakhs per year
Mphasis Software Engineer Salary - ₹2.3 Lakhs to ₹11.0 Lakhs per year
Diverse Lynx Software Engineer Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Software Engineer at Newel Technologies ranges between ₹48,941 per month to ₹50,098 per month in Mumbai. The take-home salary calculation is based on the average Newel Technologies Software Engineer salary in India which ranges between ₹5.4 Lakhs to ₹9.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Newel Technologies in Mumbai?

According to AmbitionBox, 100% of the Newel Technologies Software Engineers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Newel Technologies Software Engineer Salaries in Mumbai

Newel Technologies Software Engineer salary in Mumbai ranges between ₹5.4 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Newel Technologies latest salaries received from various employees of Newel Technologies.