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Engineering - Software & QA

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Reserve Bank Information Technology Engineering - Software & QA Department Salaries in Navi Mumbai

based on 70 latest salaries
Designation Avg Annual Salary Open Jobs
3 - 7 years exp. · Navi Mumbai (5 salaries)
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₹8.5 L/yr - ₹16 L/yr

7 - 12 years exp. · Navi Mumbai (5 salaries)
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₹17.4 L/yr - ₹22.4 L/yr

3 - 6 years exp. · Navi Mumbai (5 salaries)
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₹9 L/yr - ₹14 L/yr

2 - 8 years exp. · Navi Mumbai (4 salaries)
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₹7.2 L/yr - ₹16.4 L/yr

Starting your career? Discover Reserve Bank Information Technology fresher salaries in India
0 - 2 years exp. · Navi Mumbai (4 salaries)
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₹4.5 L/yr - ₹8 L/yr

8 - 15 years exp. · Navi Mumbai (3 salaries)
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₹21.8 L/yr - ₹28.5 L/yr

2 - 3 years exp. · Navi Mumbai (3 salaries)
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₹4 L/yr - ₹5.5 L/yr

4 - 5 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

1 - 2 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

6 - 7 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹15.5 L/yr - ₹19.8 L/yr

2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹7 L/yr - ₹9 L/yr

0 - 2 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

1 - 2 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4 L/yr

2 job openings
2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

5 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹16 L/yr - ₹20.4 L/yr

8 - 10 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

1 year exp. · Navi Mumbai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

4 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹7 L/yr - ₹8.9 L/yr

Last Updated: 31 Jan, 2025

Salary related reviews for Reserve Bank Information Technology

3.2

Rated by 20 employees for salary & benefits

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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  • Work-life balance - Good

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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  • Skill development - Poor
  • +1 more

Engineering - Software & QA Department

2.0
  •  posted on 27 Apr 2022

1.0
 for  Salary and Benefits

Likes

Salary on time Less work pressure

  • Job security - Excellent
  • +1 more

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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  • Salary - Bad
  • +4 more

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

  • Job security - Excellent
  • +3 more

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

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  • Salary - Poor
  • +1 more

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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  • Salary - Good
  • +2 more

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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  • Job security - Poor
  • +1 more

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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  • Salary - Bad
  • +4 more
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Reserve Bank Information Technology Salary FAQs

How much does Reserve Bank Information Technology pay per year?
The average Reserve Bank Information Technology salary ranges from approximately ₹2.5 Lakhs to ₹6.5 Lakhs per year for a Application Support Engineer and ₹30 Lakhs to ₹46 Lakhs per year for a Associate Vice President. Salary estimates are based on 70 Reserve Bank Information Technology salaries received from various employees of Reserve Bank Information Technology. Reserve Bank Information Technology employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Reserve Bank Information Technology?
The highest-paying job at Reserve Bank Information Technology is a Associate Vice President with a salary of ₹30 Lakhs to ₹46 Lakhs per year. The top 10% of employees earn more than ₹30 lakhs per year. The top 1% earn more than a whopping ₹42 lakhs per year.
What is the minimum salary in Reserve Bank Information Technology?
Minimum salary at Reserve Bank Information Technology depends on the role you are applying for. For Technology Analyst the minimum salary is ₹5 Lakhs to ₹17.3 Lakhs per year, and for Business Analyst the minimum salary is ₹6 Lakhs to ₹18 Lakhs per year and so on.
What is the salary package for freshers in Reserve Bank Information Technology?
The average salary at Reserve Bank Information Technology for freshers is ₹4.4 Lakhs per year for Java Developer.
What is the notice period at Reserve Bank Information Technology in Engineering - Software & QA Department in Navi Mumbai?
According to AmbitionBox, 60% of the Reserve Bank Information Technology employees in Engineering - Software & QA Department in Navi Mumbai reported a notice period of 3 Months, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 70 responses on AmbitionBox in last 2 years.

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Average annual salary in Engineering - Software & QA department at Reserve Bank Information Technology , Navi Mumbai is INRunlock blur . Salary estimates are based on 70 Reserve Bank Information Technology latest salaries received from various employees of Reserve Bank Information Technology.

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