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Reserve Bank Information Technology Senior Development Engineer salaries in India (Updated 2025)

Annual salary range
2 - 6 years exp.
₹8 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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34% less than the average Senior Development Engineer Salary in IT Services & Consulting Companies for 2 - 6 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Reserve Bank Information Technology for Senior Development Engineer

Company name Avg Annual Salary Open Jobs
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TCS Senior Development Engineer Salary

3 - 9 years exp. (11 salaries)

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₹6.4 L/yr - ₹24 L/yr

arrow icon 62% more
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Calsoft Senior Development Engineer Salary

2 - 7 years exp. (229 salaries)

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₹5.5 L/yr - ₹20 L/yr

arrow icon 31% more
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₹7.8 L/yr - ₹23 L/yr

arrow icon 71% more
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FIS Senior Development Engineer Salary

2 - 5 years exp. (56 salaries)

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₹4.5 L/yr - ₹13.2 L/yr

arrow icon 16% less
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DBS Bank Senior Development Engineer Salary

6 - 12 years exp. (54 salaries)

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₹12 L/yr - ₹31 L/yr

arrow icon 137% more
Senior Development Engineer salary at Reserve Bank Information Technology ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Reserve Bank Information Technology.

Latest annual salaries shared by Reserve Bank Information Technology Senior Development Engineer

3d ago
₹10 Lakhs
5 years exp.
1w ago
₹8 Lakhs
4 years exp.
2w ago
₹10.5 Lakhs
5 years exp.
3w ago
₹14 Lakhs
6 years exp.
1mo ago
₹9.5 Lakhs
5 years exp.
3mo ago
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3 years exp.
5mo ago
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3 years exp.
8mo ago
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2 years exp.

Experience wise Reserve Bank Information Technology Senior Development Engineer salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
4 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
5 years  (3 salaries)

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₹9.5 L/yr - ₹10.5 L/yr
6 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr

Similar Designation salaries in Reserve Bank Information Technology

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₹17 L/yr - ₹21.7 L/yr
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₹4.95 L/yr - ₹10.5 L/yr
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₹3 L/yr - ₹11.7 L/yr
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₹13.4 L/yr - ₹21 L/yr
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₹4 L/yr - ₹8 L/yr

Salary related reviews for Reserve Bank Information Technology

3.6

Rated by 3 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 27 Mar 2025

1.0
 for  Salary and Benefits

Likes

RBI tag

  • Job security - Good

Dislikes

...ect management vertical and won't try to understand issues of other verticals 3. Salary is below market standards 4. HR will be the hall monitor and keep tabs if you're late

read more
  • Salary - Bad
  • +5 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

read more
  • Salary - Poor
  • +1 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.

read more
  • 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.

read more
  • 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.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Other Department

1.0
  •  posted on 11 Mar 2025

1.0
 for  Salary and Benefits

Likes

REBIT is a subsidiary of a biggest institute that is RBI. And this is the only good thing about the organisation

Dislikes

Very poor management. The CEO is thoroughly confused and very dependent on others. He is like a headless chicken without the HR head and quite a few members from the HR. If you want to survive here then you just need to be obsequious or bootlicker. Terrible organisation. I just hope RBI conducts a thorough Personnel audit for this organisation. Much needed. Such a waste of time organisation.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Reserve Bank Information Technology Senior Development Engineer Salary FAQs

What is the salary of Senior Development Engineer at Reserve Bank Information Technology ?
The average salary of a Senior Development Engineer at Reserve Bank Information Technology in India typically ranges from ₹8.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Development Engineer at Reserve Bank Information Technology earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Senior Development Engineer Salaries at Reserve Bank Information Technology 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 8 Reserve Bank Information Technology employees in India.
What is the estimated take home salary of a Senior Development Engineer at Reserve Bank Information Technology in India?
The estimated take-home salary of a Senior Development Engineer at Reserve Bank Information Technology in India typically ranges from ₹69,768 to ₹71,561 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 8 salaries received from various employees of Reserve Bank Information Technology. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reserve Bank Information Technology for Senior Development Engineer in India?
DBS Bank ₹12.0 Lakhs to ₹31.0 Lakhs per year
Pramati Technologies ₹7.8 Lakhs to ₹23.0 Lakhs per year
TCS ₹6.4 Lakhs to ₹24.0 Lakhs per year
Calsoft ₹5.5 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reserve Bank Information Technology, depending on the role and experience level.
What is the salary of a Senior Development Engineer in companies similar to Reserve Bank Information Technology in India?
The salary of a Senior Development Engineer at companies similar to Reserve Bank Information Technology in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

FIS ₹4.5 Lakhs to ₹13.2 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 Senior Development Engineer at Reserve Bank Information Technology in India?
The salary growth for a Senior Development Engineer at Reserve Bank Information Technology depends on factors such as experience, performance, and promotions. On average, a Senior Development Engineer can expect the following growth trajectory at Reserve Bank Information Technology:

Experience Average Salary Range
2 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
3 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
4 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
5 years ₹9.5 Lakhs to ₹10.5 Lakhs per year
and so on.

Tell us how to improve this page.

Reserve Bank Information Technology Senior Development Engineer salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Reserve Bank Information Technology latest salaries received from various employees of Reserve Bank Information Technology.