Newgen Software Technologies Mumbai Software Engineer Salaries by 100+ Employees (Updated 2025)

0 - 4 years exp.

₹3.5 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Software Engineer Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Last Updated: 20 Mar 2025

Companies similar to Newgen Software Technologies for Software Engineer in Mumbai

Newgen Software Technologies Software Engineer Salary

0 - 4 years exp. (177 salaries)

₹3.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Clover Infotech Software Engineer Salary 1 - 6 years exp. (682 salaries)	₹1.8 L/yr - ₹9.8 L/yr 13% less
NeoSOFT Software Engineer Salary 1 - 6 years exp. (580 salaries)	₹3 L/yr - ₹14 L/yr 26% more
Login to view exact salary
3i Infotech Software Engineer Salary 1 - 6 years exp. (167 salaries)	₹2 L/yr - ₹9.5 L/yr At par	4 job openings
Mastek Software Engineer Salary 2 - 5 years exp. (132 salaries)	₹3 L/yr - ₹7.5 L/yr 28% less
Ugam Solution Software Engineer Salary 1 - 6 years exp. (59 salaries)	₹2.7 L/yr - ₹12.8 L/yr 12% more
Lumina Datamatics Software Engineer Salary 1 - 4 years exp. (7 salaries)	₹2.8 L/yr - ₹9.6 L/yr 15% less
e-Zest Software Engineer Salary 1 - 4 years exp. (7 salaries)	₹4.5 L/yr - ₹12 L/yr 64% more
Bahwan CyberTek Software Engineer Salary 2 - 3 years exp. (6 salaries)	₹3.5 L/yr - ₹8 L/yr 34% less
Inspira Enterprise India Limited Software Engineer Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹14.8 L/yr 42% more
Wipro Digital Software Engineer Salary 2 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹14 L/yr 28% more
Polaris Consulting Software Engineer Salary 3 - 5 years exp. (3 salaries)	₹4.2 L/yr - ₹7.1 L/yr 22% less	2 job openings
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Software Engineer salary at Newgen Software Technologies ranges between ₹3.5 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 177 latest salaries received from various employees of Newgen Software Technologies.

Latest annual salaries shared by Newgen Software Technologies Software Engineer in Mumbai

2w ago

₹6 Lakhs

1 year exp.

3w ago

₹4.8 Lakhs

5 months exp.

1mo ago

₹8 Lakhs

2 years exp.

1mo ago

₹8 Lakhs

4 years exp.

1mo ago

₹7.7 Lakhs

3 years exp.

1mo ago

3 years exp.

1mo ago

3 years exp.

1mo ago

3 years exp.

1mo ago

2 years exp.

2mo ago

2 years exp.

Experience wise Newgen Software Technologies Software Engineer salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (26 salaries)	₹4 L/yr - ₹6 L/yr
1 year (56 salaries)	₹4 L/yr - ₹8 L/yr
Login to view exact salary
2 years (54 salaries)	₹3.5 L/yr - ₹9.5 L/yr
3 years (36 salaries)	₹4.2 L/yr - ₹10.3 L/yr
4 years (5 salaries)	₹7 L/yr - ₹12 L/yr

From

Software Engineer

₹

Lakhs/yr

0 - 4 years exp.

Senior Project Manager

₹

Lakhs/yr

13 - 18 years exp.

Software Engineer

0 - 4 years exp.

Senior Software Engineer

2 - 5 years exp.

49% hike

Team Lead

3 - 8 years exp.

56% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Newgen Software Technologies

Senior Software Engineer Salary

(184 salaries)

₹4 L/yr - ₹13.75 L/yr

Software Developer Salary

(33 salaries)

₹4 L/yr - ₹11.5 L/yr

Top skills at Newgen Software Technologies for Software Engineer

Javascript Java J2Ee SDLC Software Engineering Hibernate Spring SQL Redux UI Webpack MVC React.Js Node.Js B.Tech

Salary related reviews for Newgen Software Technologies

3.8

Rated by 36 employees for salary & benefits

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 02 Nov 2023

4.0

for Salary and Benefits

Likes

Newgen is a Family. Lots of learning experience. Salary is committed on time. Organized learning sessions time to time. Equal opportunity.

Salary - Good

+4 more

Dislikes

Truly didn't face any problems yet. And seems some employees is under paid.

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 07 Oct 2023

3.0

for Salary and Benefits

Likes

For the past four years, I have been employed at Newgen as a senior automation engineer, and i must say that so far, it has been an incredible trip. There are countries opportunities to learn, develop and sharpen you talents at Newgen, a fantastic organisation.

Skill development - Good

+1 more

Dislikes

Althroug Newgen provides competitive salaries and benefits, some employees might feel that their pay does not reflect their level of experience or skill.

Software Engineer in Mumbai

Engineering - Software & QA Department

3.0

• posted on 20 May 2022

4.0

for Salary and Benefits

Likes

Job Security is very good in Newgen Best salary hikes in market, Work life balance goes for a toss for most projects as their most clients are banks which expect you to work late nights and also on weekends. Nothing much to learn if you are in implementation teams as products are based on old technologies with not much of development left.

Salary - Good

+2 more

Dislikes

Work Life Balance, Managers who are also over expecting from the employees, Monotonous work with no learning making it difficult to switch, 3 months of Notice period.

Software Engineer in Mumbai

Engineering - Software & QA Department

3.0

• posted on 27 Jun 2021

2.0

for Salary and Benefits

Likes

1. good job security. 2. helpful seniors. 3. good appraisals. 4. client exposure very early in career. 5. very good and diverse clientele. 6. good opportunity If you get to join the product development team (genesis). 7. soft skills training sessions are great.

Job security - Good

+1 more

Dislikes

...he client, sometimes might need to work on weekends with no compensatory off. 4. pay cut and no appraisals during pandemic even when the company did well with profits. 5. high attrition rate so you might be forced to work on someone else's code.

Salary - Poor

+4 more

Software Engineer in Noida

Full Time

Engineering - Software & QA Department

5.0

• posted on 22 Jun 2024

4.0

for Salary and Benefits

Likes

each employee is counted,valued and treated with respect. One of the best places to work with an amazing culture

Salary - Good

+6 more

Dislikes

Pay package are not competitive,and the majority of business don't even make an effort to keep workers after they quit.

see more salary related reviews

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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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Newgen Software Technologies Software Engineer Salary FAQs

What is the salary of Software Engineer at Newgen Software Technologies in Mumbai?

The average salary of a Software Engineer at Newgen Software Technologies in Mumbai typically ranges from ₹3.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Engineer in Mumbai at Newgen Software Technologies earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Software Engineer Salaries at Newgen Software 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 100+ Newgen Software Technologies employees in India.

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

The estimated take-home salary of a Software Engineer at Newgen Software Technologies in Mumbai typically ranges from ₹48,360 to ₹49,503 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 100+ salaries received from various employees of Newgen Software Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at Newgen Software Technologies in Mumbai?

To be a Software Engineer at Newgen Software Technologies in Mumbai, the key skills required include:

- Javascript
- Java
- J2Ee
- SDLC
- Software Engineering

These skills are highly valued at Newgen Software Technologies and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Newgen Software Technologies for Software Engineer in India?

e-Zest	₹4.5 Lakhs to ₹12.0 Lakhs per year
Inspira Enterprise India Limited	₹6.0 Lakhs to ₹14.8 Lakhs per year
Wipro Digital	₹4.2 Lakhs to ₹14.0 Lakhs per year
NeoSOFT	₹3.0 Lakhs to ₹14.0 Lakhs per year
Ugam Solution	₹2.7 Lakhs to ₹12.8 Lakhs per year

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

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

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

3i Infotech	₹2.0 Lakhs to ₹9.5 Lakhs per year
Clover Infotech	₹1.8 Lakhs to ₹9.8 Lakhs per year
Lumina Datamatics	₹2.8 Lakhs to ₹9.6 Lakhs per year
Polaris Consulting	₹4.2 Lakhs to ₹7.1 Lakhs per year
Mastek	₹3.0 Lakhs to ₹7.5 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 Engineer at Newgen Software Technologies in Mumbai?

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

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹6.0 Lakhs per year
1 year	₹4.0 Lakhs to ₹8.0 Lakhs per year
2 years	₹3.5 Lakhs to ₹9.5 Lakhs per year
3 years	₹4.2 Lakhs to ₹10.3 Lakhs per year

and so on.

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Newgen Software Technologies Software Engineer Salaries in Mumbai

Newgen Software Technologies Software Engineer salary in Mumbai ranges between ₹3.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 177 Newgen Software Technologies latest salaries received from various employees of Newgen Software Technologies.

Newgen Software Technologies Software Engineer salaries in Mumbai (Updated 2025)

Companies similar to Newgen Software Technologies for Software Engineer in Mumbai

Latest annual salaries shared by Newgen Software Technologies Software Engineer in Mumbai

Experience wise Newgen Software Technologies Software Engineer salaries in Mumbai

Similar Designation salaries in Newgen Software Technologies

Top skills at Newgen Software Technologies for Software Engineer

Salary related reviews for Newgen Software Technologies

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