Saxo Bank Senior Software Developer Salaries by 20+ Employees (Updated 2025)

5 - 12 years exp.

₹15.4 Lakhs - ₹40 Lakhs

Salary of majority employees

Fixed (93%)

₹29.6 Lakhs

Variable (7%)

₹2.3 Lakhs

124% more than the average Senior Software Developer Salary in FinTech Companies for 5 - 12 years of experience

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Last Updated: 11 Feb 2025

Companies similar to Saxo Bank for Senior Software Developer

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Western Union Senior Software Developer Salary 5 - 9 years exp. (10 salaries)	₹12.2 L/yr - ₹18.8 L/yr 53% less
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Slice Senior Software Developer Salary 2 - 6 years exp. (7 salaries)	₹22 L/yr - ₹45 L/yr 7% more
PayU Payments Senior Software Developer Salary 3 - 6 years exp. (7 salaries)	₹12.1 L/yr - ₹30 L/yr 41% less
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Senior Software Developer salary at Saxo Bank ranges between ₹15.4 Lakhs to ₹40 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 27 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Senior Software Developer salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹53.6 L/yr
6 years (AmbitionBox Estimate)	₹17 L/yr - ₹54.7 L/yr
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7 years (4 salaries)	₹18 L/yr - ₹34 L/yr
8 years (4 salaries)	₹16 L/yr - ₹56.9 L/yr
9 years (5 salaries)	₹23 L/yr - ₹40 L/yr
10 years (8 salaries)	₹18 L/yr - ₹35 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹35 L/yr
12 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹38 L/yr

View all

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Salary related reviews for Saxo Bank

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.

Skill development - Poor

+5 more

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.

Job security - Good

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.......!

Skill development - Poor

+3 more

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.

Salary - Excellent

+2 more

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.

Job security - Poor

+1 more

Senior Developer in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

1.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

Free food like they say Goat is fed before to become healthy and then rest you all know what happens

Dislikes

Worst Management one can find in Investment banking domain . If you are married with kids and are financial dependent on salary. Never join here.

Salary - Bad

+6 more

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.

Salary - Poor

+5 more

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Saxo Bank Senior Software Developer Salary FAQs

What is the salary of Senior Software Developer at Saxo Bank ?

The average salary of a Senior Software Developer at Saxo Bank in India typically ranges from ₹15.4 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Senior Software Developer at Saxo Bank earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior Software Developer Salaries at Saxo Bank 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 20+ Saxo Bank employees in India.

What is the estimated take home salary of a Senior Software Developer at Saxo Bank in India?

The estimated take-home salary of a Senior Software Developer at Saxo Bank in India typically ranges from ₹1,95,315 to ₹2,03,009 per month. This is based on the average salary range of ₹15.4 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 20+ salaries received from various employees of Saxo Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Saxo Bank for Senior Software Developer in India?

Navi Technologies	₹24.0 Lakhs to ₹52.5 Lakhs per year
Slice	₹22.0 Lakhs to ₹45.0 Lakhs per year
PayPal	₹14.8 Lakhs to ₹40.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Saxo Bank, depending on the role and experience level.

What is the salary of a Senior Software Developer in companies similar to Saxo Bank in India?

The salary of a Senior Software Developer at companies similar to Saxo Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ACKO	₹23.0 Lakhs to ₹40.0 Lakhs per year
Razorpay	₹18.4 Lakhs to ₹49.0 Lakhs per year
Visa	₹16.0 Lakhs to ₹41.5 Lakhs per year
MasterCard	₹11.3 Lakhs to ₹36.5 Lakhs per year
BankBazaar	₹14.2 Lakhs to ₹40.0 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 Software Developer at Saxo Bank in India?

The salary growth for a Senior Software Developer at Saxo Bank depends on factors such as experience, performance, and promotions. On average, a Senior Software Developer can expect the following growth trajectory at Saxo Bank:

Experience	Average Salary Range
5 years	₹12.0 Lakhs to ₹53.6 Lakhs per year
6 years	₹17.0 Lakhs to ₹54.7 Lakhs per year
7 years	₹18.0 Lakhs to ₹34.0 Lakhs per year
8 years	₹16.0 Lakhs to ₹56.9 Lakhs per year

and so on.

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Saxo Bank Senior Software Developer Salaries

Saxo Bank Senior Software Developer salary in India ranges between ₹15.4 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Saxo Bank latest salaries received from various employees of Saxo Bank.