Saxo Bank Software Development Manager Salaries by 5 Employees (Updated 2024)

8 - 12 years exp.

₹16.8 Lakhs - ₹42 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Software Development Manager Salary in FinTech Companies for 8 - 12 years of experience

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Last Updated: 8 Jun 2024

Companies similar to Saxo Bank for Software Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Development Manager Salary 10 - 13 years exp. (3 salaries)	₹13.3 L/yr - ₹56 L/yr 20% more
Fiserv Software Development Manager Salary 11 - 18 years exp. (49 salaries)	₹14.7 L/yr - ₹40 L/yr 17% more
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PayPal Software Development Manager Salary 12 - 19 years exp. (14 salaries)	₹34 L/yr - ₹93.3 L/yr 97% more	6 job openings
FIS Software Development Manager Salary 12 - 18 years exp. (12 salaries)	₹19 L/yr - ₹32.5 L/yr 6% more
MasterCard Software Development Manager Salary 8 - 14 years exp. (9 salaries)	₹28.4 L/yr - ₹56 L/yr 29% more
Verifone Software Development Manager Salary 9 - 17 years exp. (7 salaries)	₹19.1 L/yr - ₹32 L/yr 6% less
HighRadius Software Development Manager Salary 7 - 11 years exp. (4 salaries)	₹18 L/yr - ₹47.5 L/yr 21% more
Western Union Software Development Manager Salary 17 - 19 years exp. (3 salaries)	₹50 L/yr - ₹62.8 L/yr 105% more

Software Development Manager salary at Saxo Bank ranges between ₹16.8 Lakhs to ₹42 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Software Development Manager salaries

Last Updated: 8 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹16.8 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹23.3 L/yr
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10 years (AmbitionBox Estimate)	₹23.3 L/yr - ₹47.7 L/yr
11 years (AmbitionBox Estimate)	₹28.3 L/yr - ₹36.2 L/yr
12 years (AmbitionBox Estimate)	₹32 L/yr - ₹42 L/yr

Similar Designation salaries in Saxo Bank

Senior Project Manager Salary

(7 salaries)

₹29 L/yr - ₹44 L/yr

Software Engineer Salary

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₹6 L/yr - ₹22 L/yr

Project Manager Salary

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₹13.35 L/yr - ₹47.25 L/yr

Senior Technical Manager Salary

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₹30 L/yr - ₹40 L/yr

Delivery Manager Salary

(4 salaries)

₹18 L/yr - ₹34 L/yr

Engineering Manager Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Technical Project Manager Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.8 L/yr

Product Manager Salary

(7 salaries)

₹27 L/yr - ₹45 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹52.3 L/yr - ₹57.8 L/yr

Technical Manager Salary

(3 salaries)

₹9.5 L/yr - ₹34.6 L/yr

Salary related reviews for Saxo Bank

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 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.

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.......!

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.

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.

see more salary related reviews

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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 Software Development Manager Salary FAQs

What is the salary of Software Development Manager at Saxo Bank?

Software Development Manager salary at Saxo Bank in India ranges between ₹16.8 Lakhs to ₹42.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 38% less than the average Software Development Manager 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 Software Development Manager at Saxo Bank India compare with the average salary range for this job?

The average salary of a Software Development Manager at Saxo Bank is 38% less than the average salary of a Software Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Saxo Bank to a Software Development Manager in India?

Western Union Software Development Manager Salary - ₹50.0 Lakhs to ₹62.8 Lakhs per year
PayPal Software Development Manager Salary - ₹34.0 Lakhs to ₹93.3 Lakhs per year
MasterCard Software Development Manager Salary - ₹28.4 Lakhs to ₹56.0 Lakhs per year
HighRadius Software Development Manager Salary - ₹18.0 Lakhs to ₹47.5 Lakhs per year
HDFC Bank Software Development Manager Salary - ₹13.3 Lakhs to ₹56.0 Lakhs per year

What is the salary of a Software Development Manager in companies similar to Saxo Bank in India?

Fiserv Software Development Manager Salary - ₹14.7 Lakhs to ₹40.0 Lakhs per year
FIS Software Development Manager Salary - ₹19.0 Lakhs to ₹32.5 Lakhs per year
Verifone Software Development Manager Salary - ₹19.1 Lakhs to ₹32.0 Lakhs per year

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

The estimated take-home salary of a Software Development Manager at Saxo Bank ranges between ₹1,66,520 per month to ₹1,72,912 per month in India. The take-home salary calculation is based on the average Saxo Bank Software Development Manager salary in India which ranges between ₹16.8 Lakhs to ₹42.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Software Development Manager at Saxo Bank?

According to AmbitionBox, 100% of the Saxo Bank Software Development Managers 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 Software Development Manager Salaries

Saxo Bank Software Development Manager salary in India ranges between ₹16.8 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.