Novac Technology Solutions Mumbai Software Engineer Salaries by 30+ Employees (Updated 2025)

0 - 4 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Software Engineer Salary in Software Product Companies for 0 - 4 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 0 - 4 years exp. (27 salaries)	₹2.5 L/yr - ₹5.5 L/yr
Data Science & Analytics Software Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 L/yr
Login to view exact salary
IT & Information Security Software Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr

Last Updated: 21 Feb 2025

Companies similar to Novac Technology Solutions for Software Engineer in Mumbai

Novac Technology Solutions Software Engineer Salary

0 - 4 years exp. (34 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Financial Software & Systems Software Engineer Salary 1 - 5 years exp. (82 salaries)	₹3 L/yr - ₹8.5 L/yr 31% more
Zycus Infotech Software Engineer Salary 1 - 4 years exp. (80 salaries)	₹3 L/yr - ₹7.3 L/yr 35% more
Login to view exact salary
BUSINESSNEXT Software Engineer Salary 2 - 5 years exp. (43 salaries)	₹3.5 L/yr - ₹10 L/yr 113% more
Thomson Reuters Software Engineer Salary 2 - 7 years exp. (15 salaries)	₹8.2 L/yr - ₹17.1 L/yr 255% more	25 job openings
eClinicalWorks Software Engineer Salary 1 - 8 years exp. (15 salaries)	₹4 L/yr - ₹15.4 L/yr 138% more
Red Hat Software Engineer Salary 2 - 8 years exp. (6 salaries)	₹14 L/yr - ₹20 L/yr 361% more	7 job openings
Amadeus Software Engineer Salary 1 - 3 years exp. (5 salaries)	₹9.5 L/yr - ₹14 L/yr 226% more
EbixCash Limited Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹4.9 L/yr - ₹8.1 L/yr 79% more	4 job openings
Teradata Software Engineer Salary 1 - 3 years exp. (4 salaries)	₹13 L/yr - ₹19.1 L/yr 370% more	1 job opening

Software Engineer salary at Novac Technology Solutions ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 34 latest salaries received from various employees of Novac Technology Solutions.

Latest annual salaries shared by Novac Technology Solutions Software Engineer in Mumbai

1mo ago

₹3 Lakhs

1 year exp.

4mo ago

₹3.5 Lakhs

2 years exp.

5mo ago

₹3 Lakhs

1 year exp.

5mo ago

₹2.5 Lakhs

6 months exp.

5mo ago

₹4 Lakhs

2 years exp.

7mo ago

3 years exp.

7mo ago

6 months exp.

8mo ago

5 months exp.

8mo ago

2 years exp.

10mo ago

2 years exp.

Experience wise Novac Technology Solutions Software Engineer salaries in Mumbai

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹2.5 L/yr - ₹5.8 L/yr
1 year (15 salaries)	₹2.7 L/yr - ₹5 L/yr
Login to view exact salary
2 years (10 salaries)	₹2.9 L/yr - ₹5.5 L/yr
3 years (4 salaries)	₹3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

From

Software Engineer

₹

Lakhs/yr

0 - 4 years exp.

Associate Project Manager

₹

Lakhs/yr

3 - 7 years exp.

Software Engineer 0 - 4 years exp.

Senior Software Engineer 2 - 5 years exp.

49% hike

Associate Project Manager 3 - 7 years exp.

45% 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.

Salary related reviews for Novac Technology Solutions

1.0

Rated by 2 employees for salary & benefits

Software Engineer in Chennai

Full Time

Data Science & Analytics Department

1.0

• posted on 07 Dec 2024

1.0

for Salary and Benefits

Likes

No.. it's totally micromanagement company... no learning no hikes... but job guarantee.. all leads an manager will treat us like school principal.. company culture is totally different.. they don't follow corporate culture...

Dislikes

...n leads and manager Don't have that much knowledge about Current technologies... they are just coming to office ang getting salary .. worst office I ever worked

Salary - Bad

+5 more

Software Engineer in Chennai

Full Time

IT & Information Security Department

1.0

• posted on 04 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing to say good about this company. They cheat you by showing this company ranks in Economic Times list of best place to work. It's not at all true. This is the worst place to work in.

Dislikes

...aint about them to higher officials they safeguard them and put the blame on us. The salary provided here and career growth is too low here. Promotion and hike will be given only once in a year. (i.e., in April month) and the hike given here is too low. They treat you like school students , they monitor each and every activity of you. They force you to work over time. To much of politics is happening. Only those who are pleasing the managers will get good appraisal , others will get poor appraisal. Salary given here is too low when compared to other IT companies. Number of casual leaves and sick leaves are reduced to 6 per year. Number of public holiday also 10 per year which is too less. There is no work from home. Even pregnant ladies are not given work from home because of which a female employee suffered from miscarriage. And she was not given work from home even when she became pregnant again after that. You will get into stress , depression , anxiety when you work in this company and you can't sleep well. So I recommend you not to join in this company. On the whole , this a worst place to work in.

Salary - Bad

+5 more

Software Engineer in Chennai

Engineering - Software & QA Department

3.0

• posted on 16 Apr 2022

2.0

for Salary and Benefits

Likes

Good wor environment and culture, Teammates are supportive and management is transparent.

Job security - Good

Dislikes

Totally disagree with salary structure provide from company, it is very less tas per remunerate, need to revise.

Salary - Poor

+2 more

Software Engineer in Chennai

Engineering - Software & QA Department

5.0

• posted on 26 Jun 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and encouraging the freshers. company are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is slow

Senior Associate in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 08 Aug 2024

1.0

for Salary and Benefits

Likes

To be frank salary will be credited on end of the day

Dislikes

Better to don’t go to this organisation coz less salary and everything is politics in this organisation and no recognition for an employees work And no week off’s will be taken and no leaves will be taken and HR never responds to your questions

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Novac Technology Solutions Software Engineer Salary FAQs

What is the salary of Software Engineer at Novac Technology Solutions in Mumbai?

The average salary of a Software Engineer at Novac Technology Solutions in Mumbai typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Engineer in Mumbai at Novac Technology Solutions earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Software Engineer Salaries at Novac Technology Solutions 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 30+ Novac Technology Solutions employees in India.

What is the estimated take home salary of a Software Engineer at Novac Technology Solutions in Mumbai?

The estimated take-home salary of a Software Engineer at Novac Technology Solutions in Mumbai typically ranges from ₹28,205 to ₹29,596 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 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 30+ salaries received from various employees of Novac Technology Solutions. 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 Novac Technology Solutions in Mumbai?

To be a Software Engineer at Novac Technology Solutions in Mumbai, the key skills required include:

- .NET
- Javascript
- ASP.Net
- Fintech
- SQL Server

These skills are highly valued at Novac Technology Solutions and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Novac Technology Solutions for Software Engineer in India?

Teradata	₹13.0 Lakhs to ₹19.1 Lakhs per year
Red Hat	₹14.0 Lakhs to ₹20.0 Lakhs per year
Thomson Reuters	₹8.2 Lakhs to ₹17.1 Lakhs per year
Amadeus	₹9.5 Lakhs to ₹14.0 Lakhs per year
eClinicalWorks	₹4.0 Lakhs to ₹15.4 Lakhs per year

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

What is the salary of a Software Engineer in companies similar to Novac Technology Solutions in Mumbai?

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

BUSINESSNEXT	₹3.5 Lakhs to ₹10.0 Lakhs per year
EbixCash Limited	₹4.9 Lakhs to ₹8.1 Lakhs per year
Zycus Infotech	₹3.0 Lakhs to ₹7.3 Lakhs per year
Financial Software & Systems	₹3.0 Lakhs to ₹8.5 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 Novac Technology Solutions in Mumbai?

The salary growth for a Software Engineer at Novac Technology Solutions 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 Novac Technology Solutions:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹5.8 Lakhs per year
1 year	₹2.7 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.9 Lakhs to ₹5.5 Lakhs per year
3 years	₹3.0 Lakhs to ₹4.2 Lakhs per year

and so on.

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Novac Technology Solutions Software Engineer Salaries in Mumbai

Novac Technology Solutions Software Engineer salary in Mumbai ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Novac Technology Solutions latest salaries received from various employees of Novac Technology Solutions.