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Reserve Bank Information Technology Development Engineer salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹4.3 Lakhs - ₹8 Lakhs
Salary of majority employees
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33% more than the average Development Engineer Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Salaries in different departments

Data Science & Analytics
Development Engineer Salary
0 - 4 years exp. (4 salaries)
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₹4.3 L/yr - ₹8 L/yr

Engineering - Software & QA
Development Engineer Salary
1 - 3 years exp. (3 salaries)
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₹5 L/yr - ₹7 L/yr

Last Updated: 25 Nov 2024

Companies similar to Reserve Bank Information Technology for Development Engineer in Mumbai

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Reserve Bank Information Technology Development Engineer Salary

0 - 4 years exp. (7 salaries)

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₹4.3 L/yr - ₹8 L/yr

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Company name Avg Annual Salary Open Jobs
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TCS Development Engineer Salary

1 - 4 years exp. (7 salaries)

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₹2.8 L/yr - ₹6.7 L/yr

arrow icon 27% less
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Permanent Magnets Development Engineer Salary

2 - 9 years exp. (23 salaries)

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₹2.1 L/yr - ₹8 L/yr

arrow icon 27% less
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₹3.1 L/yr - ₹7 L/yr

arrow icon 19% less
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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 56% less
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Piano Presitel Development Engineer Salary

1 - 3 years exp. (4 salaries)

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₹1 L/yr - ₹3.3 L/yr

arrow icon 66% less
Development Engineer salary at Reserve Bank Information Technology ranges between ₹4.3 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Reserve Bank Information Technology.

Latest annual salaries shared by Reserve Bank Information Technology Development Engineer in Mumbai

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Experience wise Reserve Bank Information Technology Development Engineer salaries in Mumbai

Last Updated: 25 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.3 L/yr - ₹7.7 L/yr
1 year  (3 salaries)

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₹5 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr

Similar Designation salaries in Reserve Bank Information Technology

Lead Engineer Salary
(6 salaries)
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₹20 L/yr - ₹24 L/yr
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₹8 L/yr - ₹15.61 L/yr
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₹5 L/yr - ₹8 L/yr

Salary related reviews for Reserve Bank Information Technology

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Product Management Department

4.0
  •  posted on 11 Jul 2024

2.0
 for  Salary and Benefits

Likes

People are very accomodative Work is not too hectic

Dislikes

...uck in some phase or the other as a result very rarely any new projects come You might have to beg for work initially Salary is not at all competitive with the market

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 14 Oct 2023

3.0
 for  Salary and Benefits

Likes

- Frequent project delays are common due to the nature of working for RBI. - All government holidays also apply to you - Weekend work is rare, typically occurring once a year. - ReBIT office is conveniently located in Juinagar, making it ideal for Navi Mumbai residents. - Ola/Uber services are readily available while traveling to the RBI office.

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Dislikes

- 10% of your salary constitutes variable pay, which will be granted in full if your annual appraisal rating is 4 or above. For ratings of 3 and below, only 85% of the variable pay will be disbursed, with the remaining 15% forfeited. - Additionally, your employment is on a 5-year contract basis. If you manage to remain with organization for this duration, the extension of the subsequent 5-year contract will be contingent on your senior's satisfaction with your conduct. This is unrelated to your job performance, as office politics will influence this decision, and HR will have a passive role in the process.

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Engineering - Software & QA Department

2.0
  •  posted on 27 Apr 2022

1.0
 for  Salary and Benefits

Likes

Salary on time Less work pressure

Dislikes

Office politics Process and hierarchy is just for the sake of keeping it. Managers are mostly busy spreading rumours Sr. PMs KRA is mostly being the informer for Senior Management No growth or learning, absolutely no growth. Everyone from top to down is a policy maker. Join if you want to spend good time with family or home.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

good company if one is looking for team lunches, outings, gifts and entertainment. Open door policy in some departments. young crowd. very nice office. Apart from all these nothing is good..

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Dislikes

Office politics, no growth if you are a senior.. HR is biased towards some people..CEO is a micro manager, overall it all depends whom you end up with.. that great to work certificate they got is also because of stupid ques that were asked in the questionnaire.. basis those questions any company can get that certificate.. dont go with that.. it is a contractual job for 5 years.. during these 5 years if u learned the art of buttering you will survive or else will be shown the door..

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Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 19 Oct 2024

1.0
 for  Salary and Benefits

Likes

Satisfaction of working for Nation.

Dislikes

Micro management , contractual agreements for 5 years only , Favouritism are the issue. CEO himself violating many companies rule by hiring his known people by skipping interview process ,and the same is happening at lower level also. Organisation is asking to put resignation if employee's health is not good. You can survive only if you are in good book of persons who are closer to CEO or GVP and you are treating well with them , you skills don't work here.

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Reserve Bank Information Technology Development Engineer Salary FAQs

What is the salary of Development Engineer at Reserve Bank Information Technology Mumbai?
Development Engineer salary at Reserve Bank Information Technology in Mumbai ranges between ₹4.3 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 33% more than the average Development Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Reserve Bank Information Technology Mumbai.
How does the salary of a Development Engineer at Reserve Bank Information Technology Mumbai compare with the average salary range for this job?
The average salary of a Development Engineer at Reserve Bank Information Technology is 33% more than the average salary of a Development Engineer in Mumbai. To know exact salary insights, login to view.
What is the salary of a Development Engineer in companies similar to Reserve Bank Information Technology in Mumbai?
  • Hamilton Housewares Development Engineer Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year
  • TCS Development Engineer Salary - ₹2.8 Lakhs to ₹6.7 Lakhs per year
  • Permanent Magnets Development Engineer Salary - ₹2.1 Lakhs to ₹8.0 Lakhs per year
  • Tritek Micro Controls Development Engineer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
  • Piano Presitel Development Engineer Salary - ₹1.0 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Development Engineer at Reserve Bank Information Technology in Mumbai?
The estimated take-home salary of a Development Engineer at Reserve Bank Information Technology ranges between ₹47,614 per month to ₹48,741 per month in Mumbai. The take-home salary calculation is based on the average Reserve Bank Information Technology Development Engineer salary in India which ranges between ₹4.3 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Development Engineer at Reserve Bank Information Technology in Mumbai?
According to AmbitionBox, 88% of the Reserve Bank Information Technology Development Engineers in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reserve Bank Information Technology Development Engineer salary in Mumbai ranges between ₹4.3 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Reserve Bank Information Technology latest salaries received from various employees of Reserve Bank Information Technology.