SBI Cards & Payment Services Software Engineer Salaries by 4 Employees

2 - 6 years exp.

₹2.4 Lakhs - ₹10.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Software Engineer Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹10.4 L/yr
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IT & Information Security Software Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

Last Updated: 28 Oct 2023

Companies similar to SBI Cards & Payment Services for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Morningstar Software Engineer Salary 2 - 5 years exp. (335 salaries)	₹6.6 L/yr - ₹18 L/yr 94% more	10 job openings
Pine Labs Software Engineer Salary 1 - 5 years exp. (317 salaries)	₹5.4 L/yr - ₹22.3 L/yr 106% more	1 job opening
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Fidelity National Financial Software Engineer Salary 2 - 5 years exp. (129 salaries)	₹3.7 L/yr - ₹13.5 L/yr 32% more
Franklin Templeton Investments Software Engineer Salary 4 - 13 years exp. (109 salaries)	₹8 L/yr - ₹23 L/yr 176% more	1 job opening
TIAA Global Business Services Software Engineer Salary 0 - 8 years exp. (54 salaries)	₹7.5 L/yr - ₹25.8 L/yr 131% more
Mr Cooper Software Engineer Salary 0 - 5 years exp. (48 salaries)	₹7 L/yr - ₹14 L/yr 48% more	2 job openings
CSC Software Engineer Salary 1 - 6 years exp. (38 salaries)	₹2.8 L/yr - ₹10 L/yr 6% less	5 job openings
Synchrony Software Engineer Salary 2 - 7 years exp. (28 salaries)	₹9.2 L/yr - ₹19.6 L/yr 82% more
Fidelity International Software Engineer Salary 0 - 2 years exp. (22 salaries)	₹7 L/yr - ₹15.2 L/yr 55% more
Invesco Software Engineer Salary 1 - 9 years exp. (19 salaries)	₹5 L/yr - ₹14.3 L/yr 69% more
Kotak Securities Software Engineer Salary 0 - 7 years exp. (18 salaries)	₹3.2 L/yr - ₹12.5 L/yr 14% more
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Ocwen Financial Solutions Software Engineer Salary 3 - 5 years exp. (17 salaries)	₹4 L/yr - ₹9.8 L/yr 8% more
Mashreq Global Services Software Engineer Salary 1 - 4 years exp. (16 salaries)	₹3.6 L/yr - ₹8 L/yr 23% less
Sun Life Financial Software Engineer Salary 0 - 5 years exp. (14 salaries)	₹5 L/yr - ₹13.4 L/yr 32% more
National Stock Exchange of India Software Engineer Salary 2 - 5 years exp. (13 salaries)	₹4.5 L/yr - ₹13 L/yr 32% more
Kroll Software Engineer Salary 2 - 5 years exp. (7 salaries)	₹7 L/yr - ₹13.5 L/yr 44% more
TresVista Software Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.8 L/yr - ₹6 L/yr 38% less
Aadhar Housing Finance Software Engineer Salary 2 years exp. (6 salaries)	₹32 L/yr - ₹45 L/yr 538% more
Axis Direct Software Engineer Salary 0 - 2 years exp. (5 salaries)	₹3.1 L/yr - ₹5 L/yr 30% less
Macquarie Group Software Engineer Salary 2 - 3 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 124% more

View all

Software Engineer salary at SBI Cards & Payment Services ranges between ₹2.4 Lakhs to ₹10.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Software Engineer salaries

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.6 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.4 L/yr

Similar Designation salaries in SBI Cards & Payment Services

Senior Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Software Engineer Salary

(4 salaries)

₹5 L/yr - ₹19 L/yr

Software Developer Salary

(4 salaries)

₹4.73 L/yr - ₹20 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Team Lead Salary

(525 salaries)

₹1.5 L/yr - ₹5 L/yr

Senior Associate Salary

(11 salaries)

₹3.1 L/yr - ₹6 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Associate Consultant Salary

(4 salaries)

₹2 L/yr - ₹3.8 L/yr

Top skills at SBI Cards & Payment Services for Software Engineer

Oracle Web Application Windows Services Stored Procedures Database Design Web Api PoS .Net MS SQL C++ Java MySQL Python Software Engineering Payments

Salary related reviews for SBI Cards & Payment Services

Team Lead in Jabalpur

Finance & Accounting Department

5.0

• posted on 20 Jul 2019

1.0

for Salary and Benefits

Likes

I do not feel like a job secured in this company because it is a third party pay roll pay. I have to go to the roll

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

Salary - Bad

+5 more

Branch Relationship Executive in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Working with sbi card is helpful to developing skills and knowledge about marketing ,sales and nature of custmors.

Skill development - Excellent

+1 more

Dislikes

Less salary as comparing ti work timing and targets. And have no opporturenities of pramotins.

Salary - Poor

+1 more

Sales Trainer in Hyderabad / Secunderabad

Full Time

Other Department

1.0

• posted on 16 Dec 2024

1.0

for Salary and Benefits

Likes

I DONT LIKE ANYTHING

Dislikes

Very very bad experience too pressure ATM DOESN'T have brain If ask leave will scold vulger language They do not have manners and emotions They will increase salary but not increment amount will not credit in bank if ask no one will give response . ATM is A fool ,not have minimum Excel knowledge ,not have good communication skills Hello recruited 2 Trainer both are not have skills but hit awards I dint know how they are given judgment Just simply foolish management

Salary - Bad

+6 more

Branch Relationship Executive in Pondicherry / Puducherry

Full Time

Sales & Business Development Department

3.0

• posted on 17 Aug 2024

3.0

for Salary and Benefits

Likes

Only Work Timing & Ontime salary only good.

Work-life balance - Good

Dislikes

If you aren't sale a credit card daily basis. Your BRM always warn you I will terminate from job. Day 1 itself sales is started. If you new joinee you can learn about product not quick. but BRM is horrible on you while your not sale a card. Job security for this job less. You aren't sale you will terminate anytime that 1 month or 2 month or 10 days..

Job security - Bad

+3 more

Branch Relationship Executive in Tezpur

Full Time

Sales & Business Development Department

1.0

• posted on 26 Jun 2024

1.0

for Salary and Benefits

Likes

The seniors are not at all professional and also the work culture is very bad..after the duty hour also employees have to work until the target is not completed...there is no holidays even on Sundays u have to work

Dislikes

The company is third party..no payroll employees here..the work culture, salary everything is bad here..your mental peace will be zero if u work here..I would recommend not to work here

Salary - Bad

+6 more

see more salary related reviews

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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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SBI Cards & Payment Services Software Engineer Salary FAQs

What is the salary of Software Engineer at SBI Cards & Payment Services ?

The average salary of a Software Engineer at SBI Cards & Payment Services in India typically ranges from ₹2.4 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Engineer at SBI Cards & Payment Services earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. Software Engineer Salaries at SBI Cards & Payment Services 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 SBI Cards & Payment Services employees in India.

What is the estimated take home salary of a Software Engineer at SBI Cards & Payment Services in India?

The estimated take-home salary of a Software Engineer at SBI Cards & Payment Services in India typically ranges from ₹48,580 to ₹49,729 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at SBI Cards & Payment Services ?

To be a Software Engineer at SBI Cards & Payment Services in india, the key skills required include:

- Oracle
- Web Application
- Windows Services
- Stored Procedures
- Database Design

These skills are highly valued at SBI Cards & Payment Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Cards & Payment Services for Software Engineer in India?

Aadhar Housing Finance	₹32.0 Lakhs to ₹45.0 Lakhs per year
Franklin Templeton Investments	₹8.0 Lakhs to ₹23.0 Lakhs per year
Ameriprise Financial	₹10.0 Lakhs to ₹26.0 Lakhs per year
TIAA Global Business Services	₹7.5 Lakhs to ₹25.8 Lakhs per year
Macquarie Group	₹12.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Cards & Payment Services, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to SBI Cards & Payment Services in India?

The salary of a Software Engineer at companies similar to SBI Cards & Payment Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pine Labs	₹5.4 Lakhs to ₹22.3 Lakhs per year
Morningstar	₹6.6 Lakhs to ₹18.0 Lakhs per year
Synchrony	₹9.2 Lakhs to ₹19.6 Lakhs per year
Invesco	₹5.0 Lakhs to ₹14.3 Lakhs per year
Fidelity International	₹7.0 Lakhs to ₹15.2 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 Engineer at SBI Cards & Payment Services in India?

The salary growth for a Software Engineer at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at SBI Cards & Payment Services:

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹3.6 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
5 years	₹3.3 Lakhs to ₹8.6 Lakhs per year

and so on.

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SBI Cards & Payment Services Software Engineer Salaries

SBI Cards & Payment Services Software Engineer salary in India ranges between ₹2.4 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.