Saxo Bank Senior Software Development Engineer Salaries by 4 Employees

10 - 12 years exp.

₹30 Lakhs - ₹33 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

78% more than the average Senior Software Development Engineer Salary in FinTech Companies for 10 - 12 years of experience

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Last Updated: 10 Jul 2024

Companies similar to Saxo Bank for Senior Software Development Engineer

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Senior Software Development Engineer salary at Saxo Bank ranges between ₹30 Lakhs to ₹33 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Senior Software Development Engineer salaries

Last Updated: 10 Jul 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹31 L/yr
11 years (AmbitionBox Estimate)	₹30 L/yr - ₹56.3 L/yr
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12 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹33 L/yr

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Salary related reviews for Saxo Bank

4.0

Rated by 2 employees for salary & benefits

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

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

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.

Salary - Bad

+6 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Saxo Bank Senior Software Development Engineer Salary FAQs

What is the salary of Senior Software Development Engineer at Saxo Bank ?

The average salary of a Senior Software Development Engineer at Saxo Bank in India typically ranges from ₹30.0 Lakhs to ₹33.0 Lakhs per year, depending on experience (from 10 years to 12 years).

The top 10% of Senior Software Development Engineer at Saxo Bank earn more than ₹33.0 Lakhs per year, and the top 1% earn over ₹33.0 Lakhs per year. Senior Software Development Engineer 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 4 Saxo Bank employees in India.

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

The estimated take-home salary of a Senior Software Development Engineer at Saxo Bank in India typically ranges from ₹1,91,733 to ₹1,99,266 per month. This is based on the average salary range of ₹30.0 Lakhs to ₹33.0 Lakhs per year for employees with experience ranging from 10 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 4 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 Development Engineer in India?

Navi Technologies	₹42.0 Lakhs to ₹53.0 Lakhs per year
PayPal	₹18.1 Lakhs to ₹54.0 Lakhs per year
Razorpay	₹20.0 Lakhs to ₹45.0 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 Development Engineer in companies similar to Saxo Bank in India?

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

Visa	₹22.0 Lakhs to ₹36.1 Lakhs per year
MasterCard	₹11.2 Lakhs to ₹31.0 Lakhs per year
BankBazaar	₹20.0 Lakhs to ₹31.0 Lakhs per year
Crif Solutions	₹16.0 Lakhs to ₹24.5 Lakhs per year
Western Union	₹15.2 Lakhs to ₹25.0 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 Development Engineer at Saxo Bank in India?

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

Experience	Average Salary Range
10 years	₹12.1 Lakhs to ₹31.0 Lakhs per year
11 years	₹30.0 Lakhs to ₹56.3 Lakhs per year
12 years	₹12.9 Lakhs to ₹33.0 Lakhs per year

and so on.

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Saxo Bank Senior Software Development Engineer Salaries

Saxo Bank Senior Software Development Engineer salary in India ranges between ₹30 Lakhs to ₹33 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Saxo Bank latest salaries received from various employees of Saxo Bank.