Saxo Bank Principal Engineer Salaries by 5 Employees (Updated 2024)

11 - 15 years exp.

₹35 Lakhs - ₹42 Lakhs

Low Confidence

Salary of majority employees

20% more than the average Principal Engineer Salary in FinTech Companies for 11 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Principal Engineer Salary 11 - 13 years exp. (3 salaries)	₹35 L/yr - ₹40 L/yr
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BFSI, Investments & Trading Principal Engineer Salary 15 years exp. (AmbitionBox Estimate)	₹31.8 L/yr - ₹38.8 L/yr

Last Updated: 16 Jan 2024

Companies similar to Saxo Bank for Principal Engineer

Company name	Avg Annual Salary	Open Jobs
FIS Principal Engineer Salary 10 - 17 years exp. (69 salaries)	₹18 L/yr - ₹37 L/yr 26% less	1 job opening
MasterCard Principal Engineer Salary 12 - 20 years exp. (6 salaries)	₹40 L/yr - ₹72 L/yr 76% more
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HighRadius Principal Engineer Salary 6 - 10 years exp. (5 salaries)	₹21 L/yr - ₹32 L/yr 29% less
PayPal Principal Engineer Salary 11 - 17 years exp. (4 salaries)	₹35 L/yr - ₹50 L/yr 19% more
Razorpay Principal Engineer Salary 6 - 15 years exp. (4 salaries)	₹34 L/yr - ₹97 L/yr 84% more

Principal Engineer salary at Saxo Bank ranges between ₹35 Lakhs to ₹42 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Principal Engineer salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹40 L/yr - ₹72.6 L/yr
12 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹42 L/yr
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13 years (AmbitionBox Estimate)	₹35 L/yr - ₹67 L/yr
14 years (AmbitionBox Estimate)	₹32.1 L/yr - ₹41 L/yr
15+ years (AmbitionBox Estimate)	₹14 L/yr - ₹35.3 L/yr

Similar Designation salaries in Saxo Bank

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(4 salaries)

₹17 L/yr - ₹45 L/yr

Lead Engineer Salary

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₹14.76 L/yr - ₹46.51 L/yr

Principal Software Engineer Salary

(AmbitionBox Estimate)

₹28.8 L/yr - ₹36.8 L/yr

Software Engineer Salary

(8 salaries)

₹6 L/yr - ₹18 L/yr

Technical Manager Salary

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Technical Architect Salary

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₹23 L/yr - ₹48.5 L/yr

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₹19 L/yr - ₹43 L/yr

Technical Lead Salary

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₹14 L/yr - ₹32 L/yr

Project Manager Salary

(7 salaries)

₹13.35 L/yr - ₹47.25 L/yr

Team Lead Salary

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₹18.77 L/yr - ₹33.8 L/yr

Salary related reviews for Saxo Bank

Senior Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

Good things are salary, transport, food facilities.

Dislikes

Team leaders Managers Dirty Politics Favorism Hire their own people to get the refferal and they put them in good positions so many negative things to say.......!

Technical Lead in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 16 Mar 2019

2.0

for Salary and Benefits

Likes

Nothing at all...Even free food is also not free . Some amount is getting deducted from the salary.

Dislikes

Nothing is good. Full of politics. No carrer growth. No technical growth. No good appraisals. Do job like dog...And at end you will get some penny.

Senior Associate in Gurgaon / Gurugram

Finance & Accounting Department

1.0

• posted on 20 Mar 2018

1.0

for Salary and Benefits

Likes

SAXO offer very good package, but join if you can handle the worst environment

Dislikes

it was my worst decision to join SAXO. So much favoritism and worst management i worked in my 8 years of experience. only who belongs to delhi bihar and near get opportunity to grow.

Senior Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Sep 2023

3.0

for Salary and Benefits

Likes

Nothing.

Dislikes

...donot know ABC of project management. They are just sitting and doing nothing. Poor salary.

Software Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 18 Jun 2023

5.0

for Salary and Benefits

Likes

Office hours flexibility, compensation, work life balance, codebase.

Dislikes

Politics. Hire-fire. Incompetent non-tech QA guys fill the leadership positions in India HQ, the cult hence formed is not very healthy for talented curious creative engineers. Please the bosses & do as told. Don't discuss, don't experiment, don't advise (much). If you feel suffocated as a techie, just leave. No point fighting, no point trying to prove yourself. Chances are they already have handle 20 others like you before you. They know "you are talented in tech" and they know "how to keep the talented techies under their thumbs". Master non-tech politicians at work here.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Saxo Bank Principal Engineer Salary FAQs

What is the salary of Principal Engineer at Saxo Bank?

Principal Engineer salary at Saxo Bank in India ranges between ₹35.0 Lakhs to ₹42.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 20% more than the average Principal Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Saxo Bank India.

How does the salary of a Principal Engineer at Saxo Bank India compare with the average salary range for this job?

The average salary of a Principal Engineer at Saxo Bank is 20% more than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Saxo Bank to a Principal Engineer in India?

Razorpay Principal Engineer Salary - ₹34.0 Lakhs to ₹97.0 Lakhs per year
MasterCard Principal Engineer Salary - ₹40.0 Lakhs to ₹72.0 Lakhs per year
PayPal Principal Engineer Salary - ₹35.0 Lakhs to ₹50.0 Lakhs per year

What is the salary of a Principal Engineer in companies similar to Saxo Bank in India?

FIS Principal Engineer Salary - ₹18.0 Lakhs to ₹37.0 Lakhs per year
HighRadius Principal Engineer Salary - ₹21.0 Lakhs to ₹32.0 Lakhs per year

What is the estimated take home salary of a Principal Engineer at Saxo Bank in India?

The estimated take-home salary of a Principal Engineer at Saxo Bank ranges between ₹2,24,494 per month to ₹2,33,507 per month in India. The take-home salary calculation is based on the average Saxo Bank Principal Engineer salary in India which ranges between ₹35.0 Lakhs to ₹42.0 Lakhs per year for employees with experience between 11 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Principal Engineer at Saxo Bank?

According to AmbitionBox, 100% of the Saxo Bank Principal Engineers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Saxo Bank Principal Engineer Salaries

Saxo Bank Principal Engineer salary in India ranges between ₹35 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Saxo Bank latest salaries received from various employees of Saxo Bank.