Saxo Bank Software Developer Salaries by 30+ Employees (Updated 2025)

2 - 9 years exp.

₹12 Lakhs - ₹32 Lakhs

Salary of majority employees

Fixed (92%)

₹20.8 Lakhs

Variable (8%)

₹1.7 Lakh

175% more than the average Software Developer Salary in FinTech Companies for 2 - 9 years of experience

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Last Updated: 6 Feb 2025

Companies similar to Saxo Bank for Software Developer

Company name	Avg Annual Salary	Open Jobs
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Kotak Mahindra Bank Software Developer Salary 1 - 5 years exp. (36 salaries)	₹8.8 L/yr - ₹31.6 L/yr 19% less
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State Bank of India Software Developer Salary 2 - 11 years exp. (13 salaries)	₹5 L/yr - ₹20 L/yr 49% less
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PayPal Software Developer Salary 0 - 6 years exp. (100 salaries)	₹11 L/yr - ₹36.8 L/yr 12% more
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AGS Transact Technologies Software Developer Salary 0 - 6 years exp. (35 salaries)	₹2.5 L/yr - ₹8 L/yr 82% less
PayU Payments Software Developer Salary 2 - 5 years exp. (29 salaries)	₹8.9 L/yr - ₹25.7 L/yr 15% less
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Software Developer salary at Saxo Bank ranges between ₹12 Lakhs to ₹32 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 34 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Software Developer salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹12 L/yr - ₹33.7 L/yr
3 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
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4 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
5 years (6 salaries)	₹14.2 L/yr - ₹24 L/yr
6 years (6 salaries)	₹12.2 L/yr - ₹41.5 L/yr
7 years (7 salaries)	₹13.5 L/yr - ₹25 L/yr
8 years (7 salaries)	₹16.6 L/yr - ₹30 L/yr
9 years (5 salaries)	₹18.5 L/yr - ₹32 L/yr

View all

Similar Designation salaries in Saxo Bank

Senior Developer Salary

(80 salaries)

₹18 L/yr - ₹40 L/yr

Senior Software Developer Salary

(27 salaries)

₹15.4 L/yr - ₹40 L/yr

Software Engineer Salary

(8 salaries)

₹6 L/yr - ₹18 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Senior Engineer Salary

(4 salaries)

₹17 L/yr - ₹45 L/yr

System Engineer Salary

(3 salaries)

₹10 L/yr - ₹13 L/yr

Senior Software Engineer Salary

(39 salaries)

₹19 L/yr - ₹41 L/yr

Lead Engineer Salary

(7 salaries)

₹14.76 L/yr - ₹46.51 L/yr

Team Lead Salary

(13 salaries)

₹18.77 L/yr - ₹33.8 L/yr

Salary related reviews for Saxo Bank

3.5

Rated by 4 employees for salary & benefits

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 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

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 Software Developer Salary FAQs

What is the salary of Software Developer at Saxo Bank ?

The average salary of a Software Developer at Saxo Bank in India typically ranges from ₹12.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Software Developer at Saxo Bank earn more than ₹27.6 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. 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 30+ Saxo Bank employees in India.

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

The estimated take-home salary of a Software Developer at Saxo Bank in India typically ranges from ₹1,45,117 to ₹1,50,542 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 2 years to 9 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 30+ 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 Software Developer in India?

Revolut	₹29.7 Lakhs to ₹37.9 Lakhs per year
PayPal	₹11.0 Lakhs to ₹36.8 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 Software Developer in companies similar to Saxo Bank in India?

The salary of a 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:

Rupeek	₹13.0 Lakhs to ₹25.0 Lakhs per year
Visa	₹8.8 Lakhs to ₹29.7 Lakhs per year
ACKO	₹12.0 Lakhs to ₹25.0 Lakhs per year
PayU Payments	₹8.9 Lakhs to ₹25.7 Lakhs per year
Angel One	₹18.3 Lakhs to ₹33.0 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 Software Developer at Saxo Bank in India?

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

Experience	Average Salary Range
2 years	₹12.0 Lakhs to ₹33.7 Lakhs per year
3 years	₹17.8 Lakhs to ₹22.8 Lakhs per year
4 years	₹18.8 Lakhs to ₹24.0 Lakhs per year
5 years	₹14.2 Lakhs to ₹24.0 Lakhs per year

and so on.

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Saxo Bank Software Developer Salaries

Saxo Bank Software Developer salary in India ranges between ₹12 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 Saxo Bank latest salaries received from various employees of Saxo Bank.