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Reserve Bank Information Technology Software Developer salaries in Mumbai

Annual salary range
0 - 2 years exp.
₹5 Lakhs - ₹8 Lakhs
Salary of majority employees
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Fixed (100%)
₹6.3 Lakhs
Variable (0%)
₹0.0 Lakhs
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25% less than the average Software Developer Salary in IT Services & Consulting Companies for 0 - 2 years of experience

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Last Updated: 23 Jan 2025

Companies similar to Reserve Bank Information Technology for Software Developer in Mumbai

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Reserve Bank Information Technology Software Developer Salary

0 - 2 years exp. (5 salaries)

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₹5 L/yr - ₹8 L/yr

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Company name Avg Annual Salary Open Jobs
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₹4.7 L/yr - ₹10 L/yr

arrow icon 13% more
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TCS Software Developer Salary

0 - 9 years exp. (1.4k salaries)

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₹2.6 L/yr - ₹12 L/yr

arrow icon 11% more
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Wipro Software Developer Salary

0 - 8 years exp. (176 salaries)

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₹1.6 L/yr - ₹16.6 L/yr

arrow icon 30% more
1 job opening
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Tech Mahindra Software Developer Salary

1 - 7 years exp. (164 salaries)

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₹1.8 L/yr - ₹12.4 L/yr

arrow icon 8% more
1 job opening
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LTIMindtree Software Developer Salary

0 - 7 years exp. (255 salaries)

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₹3.1 L/yr - ₹14.6 L/yr

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Mphasis Software Developer Salary

0 - 7 years exp. (127 salaries)

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₹2 L/yr - ₹11.3 L/yr

arrow icon 1% more
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₹2.8 L/yr - ₹12.1 L/yr

arrow icon 15% more
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Accenture Software Developer Salary

0 - 9 years exp. (311 salaries)

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₹3.9 L/yr - ₹15.4 L/yr

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1 job opening
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EFKON INDIA Software Developer Salary

0 - 4 years exp. (11 salaries)

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₹3.3 L/yr - ₹7 L/yr

arrow icon 15% less
Software Developer salary at Reserve Bank Information Technology ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Reserve Bank Information Technology.

Latest annual salaries shared by Reserve Bank Information Technology Software Developer in Mumbai

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Experience wise Reserve Bank Information Technology Software Developer salaries in Mumbai

Last Updated: 23 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5 L/yr - ₹9.3 L/yr
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹10.3 L/yr
2 years  (3 salaries)

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₹5 L/yr - ₹8 L/yr

Similar Designation salaries in Reserve Bank Information Technology

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₹12 L/yr - ₹18.16 L/yr
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₹8 L/yr - ₹15.61 L/yr
Java Developer Salary
(3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr
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₹4.95 L/yr - ₹9.5 L/yr

Top skills at Reserve Bank Information Technology for Software Developer

corporate marketing Banking Operations Daily Operations Telecommunication Customer Service Material Planning HTML Postgresql

Salary related reviews for Reserve Bank Information Technology

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

 · 

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..

read more
  • 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..

read more
  • 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.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Reserve Bank Information Technology Software Developer Salary FAQs

What is the salary of Software Developer at Reserve Bank Information Technology Mumbai?
Software Developer salary at Reserve Bank Information Technology in Mumbai ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 25% less than the average Software Developer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Reserve Bank Information Technology Mumbai.
How does the salary of a Software Developer at Reserve Bank Information Technology Mumbai compare with the average salary range for this job?
The average salary of a Software Developer at Reserve Bank Information Technology is 25% less than the average salary of a Software Developer in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Software Developer at Reserve Bank Information Technology?
corporate marketing, Banking Operations, Daily Operations, Telecommunication and Customer Service are some of the popular skills required to work as a Software Developer at Reserve Bank Information Technology Mumbai.
Which similar companies are paying more than Reserve Bank Information Technology to a Software Developer in Mumbai?
  • Accenture Software Developer Salary - ₹3.9 Lakhs to ₹15.4 Lakhs per year
  • Wipro Software Developer Salary - ₹1.6 Lakhs to ₹16.6 Lakhs per year
  • LTIMindtree Software Developer Salary - ₹3.1 Lakhs to ₹14.6 Lakhs per year
  • Hexaware Technologies Software Developer Salary - ₹2.8 Lakhs to ₹12.1 Lakhs per year
  • National Payments Corporation of India Software Developer Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Software Developer in companies similar to Reserve Bank Information Technology in Mumbai?
  • TCS Software Developer Salary - ₹2.6 Lakhs to ₹12.0 Lakhs per year
  • Tech Mahindra Software Developer Salary - ₹1.8 Lakhs to ₹12.4 Lakhs per year
  • Mphasis Software Developer Salary - ₹2.0 Lakhs to ₹11.3 Lakhs per year
  • EFKON INDIA Software Developer Salary - ₹3.3 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Software Developer at Reserve Bank Information Technology in Mumbai?
The estimated take-home salary of a Software Developer at Reserve Bank Information Technology ranges between ₹47,884 per month to ₹49,017 per month in Mumbai. The take-home salary calculation is based on the average Reserve Bank Information Technology Software Developer salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Software Developer at Reserve Bank Information Technology in Mumbai?
According to AmbitionBox, 50% of the Reserve Bank Information Technology Software Developers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Reserve Bank Information Technology Software Developer salary in Mumbai ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Reserve Bank Information Technology latest salaries received from various employees of Reserve Bank Information Technology.