Saxo Bank Software Engineer Salaries by 8 Employees (Updated 2025)

1 - 4 years exp.

₹6 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

43% more than the average Software Engineer Salary in FinTech Companies for 1 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 4 years exp. (5 salaries)	₹6.5 L/yr - ₹18 L/yr
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Research & Development Software Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹11.8 L/yr

Last Updated: 20 Aug 2023

Companies similar to Saxo Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Software Engineer Salary 0 - 5 years exp. (75 salaries)	₹3 L/yr - ₹13.5 L/yr 35% less
HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.4 L/yr - ₹12.9 L/yr 38% less
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Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	₹10.7 L/yr - ₹20.9 L/yr 5% more
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 43% less
IndusInd Bank Software Engineer Salary 1 - 7 years exp. (16 salaries)	₹2.4 L/yr - ₹9.8 L/yr 38% less
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	₹7.6 L/yr - ₹15 L/yr 25% less
Bajaj Finance Software Engineer Salary 0 - 3 years exp. (85 salaries)	₹4.9 L/yr - ₹15 L/yr 1% less
ICICI Securities Software Engineer Salary 0 - 3 years exp. (12 salaries)	₹8.2 L/yr - ₹16.5 L/yr 9% more
Edelweiss Software Engineer Salary 1 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹16.2 L/yr 21% less
Insolutions Global Software Engineer Salary 0 - 4 years exp. (392 salaries)	₹1.8 L/yr - ₹8 L/yr 60% less
PayPal Software Engineer Salary 1 - 12 years exp. (259 salaries)	₹12 L/yr - ₹50.3 L/yr 146% more	18 job openings
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MasterCard Software Engineer Salary 1 - 7 years exp. (236 salaries)	₹6.3 L/yr - ₹22.9 L/yr 26% more	5 job openings
Visa Software Engineer Salary 0 - 3 years exp. (196 salaries)	₹9.4 L/yr - ₹34.6 L/yr 75% more	43 job openings
PayU Payments Software Engineer Salary 2 - 5 years exp. (173 salaries)	₹12.9 L/yr - ₹36 L/yr 93% more
HighRadius Software Engineer Salary 1 - 5 years exp. (161 salaries)	₹7 L/yr - ₹18 L/yr 1% less
Verifone Software Engineer Salary 1 - 4 years exp. (107 salaries)	₹5.2 L/yr - ₹13.7 L/yr 21% less
Broadridge Financial Solutions Software Engineer Salary 1 - 6 years exp. (94 salaries)	₹2.5 L/yr - ₹11 L/yr 41% less
Razorpay Software Engineer Salary 1 - 4 years exp. (93 salaries)	₹7.5 L/yr - ₹27.2 L/yr 40% more
Hitachi Payment Services Software Engineer Salary 0 - 3 years exp. (104 salaries)	₹1.9 L/yr - ₹6.6 L/yr 72% less
Unimoni Software Engineer Salary 1 - 5 years exp. (78 salaries)	₹1.1 L/yr - ₹9.1 L/yr 59% less

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Software Engineer salary at Saxo Bank ranges between ₹6 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Saxo Bank.

Experience wise Saxo Bank Software Engineer salaries

Last Updated: 20 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹20.9 L/yr
2 years (4 salaries)	₹6 L/yr - ₹18 L/yr
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3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹18 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹18 L/yr

Similar Designation salaries in Saxo Bank

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

Software Developer Salary

(33 salaries)

₹12.15 L/yr - ₹32 L/yr

Associate Software Engineer Salary

(4 salaries)

₹20 L/yr - ₹23 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.8 L/yr

Senior Developer Salary

(78 salaries)

₹17 L/yr - ₹40 L/yr

Team Lead Salary

(13 salaries)

₹18.77 L/yr - ₹33.8 L/yr

Senior Associate Salary

(215 salaries)

₹4.5 L/yr - ₹14 L/yr

Salary related reviews for Saxo Bank

4.0

Rated by 1 employees for salary & benefits

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Saxo Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at Saxo Bank?

Software Engineer salary at Saxo Bank in India ranges between ₹6.0 Lakhs to ₹18.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 43% more than the average Software Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Saxo Bank India.

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

The average salary of a Software Engineer at Saxo Bank is 43% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

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

Revolut Software Engineer Salary - ₹35.1 Lakhs to ₹44.9 Lakhs per year
Navi Technologies Software Engineer Salary - ₹19.0 Lakhs to ₹46.0 Lakhs per year
PayPal Software Engineer Salary - ₹12.0 Lakhs to ₹50.3 Lakhs per year
PayU Payments Software Engineer Salary - ₹12.9 Lakhs to ₹36.0 Lakhs per year
Angel One Software Engineer Salary - ₹10.0 Lakhs to ₹27.5 Lakhs per year

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

Visa Software Engineer Salary - ₹9.4 Lakhs to ₹34.6 Lakhs per year
BankBazaar Software Engineer Salary - ₹17.0 Lakhs to ₹23.0 Lakhs per year
Intercontinental Exchange Software Engineer Salary - ₹7.9 Lakhs to ₹32.0 Lakhs per year
ACKO Software Engineer Salary - ₹9.3 Lakhs to ₹29.4 Lakhs per year
Razorpay Software Engineer Salary - ₹7.5 Lakhs to ₹27.2 Lakhs per year

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

The estimated take-home salary of a Software Engineer at Saxo Bank ranges between ₹83,903 per month to ₹86,096 per month in India. The take-home salary calculation is based on the average Saxo Bank Software Engineer salary in India which ranges between ₹6.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Saxo Bank Software Engineers reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Saxo Bank Software Engineer Salaries

Saxo Bank Software Engineer salary in India ranges between ₹6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Saxo Bank latest salaries received from various employees of Saxo Bank.