South Indian Bank Software Engineer Salaries by 3 Employees

0 - 4 years exp.

₹5 Lakhs - ₹15.4 Lakhs

Low Confidence

Salary of majority employees

28% more than the average Software Engineer Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 29 Jun 2024

Companies similar to South Indian Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
Paytm Payments Bank Software Engineer Salary 0 - 4 years exp. (164 salaries)	₹6.4 L/yr - ₹25.7 L/yr 38% more
HDFC Bank Software Engineer Salary 1 - 6 years exp. (90 salaries)	₹2.6 L/yr - ₹12.9 L/yr 31% less
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ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	₹2.9 L/yr - ₹11.9 L/yr 29% less
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 38% less
RBL Bank Software Engineer Salary 0 - 4 years exp. (56 salaries)	₹4.5 L/yr - ₹15 L/yr 9% less	2 job openings
IDFC FIRST Bank Software Engineer Salary 0 - 5 years exp. (45 salaries)	₹4 L/yr - ₹16.2 L/yr 9% less
Kotak Mahindra Bank Software Engineer Salary 2 - 7 years exp. (36 salaries)	₹10.7 L/yr - ₹20.9 L/yr 14% more
Emirates NBD Software Engineer Salary 6 - 11 years exp. (23 salaries)	₹16.7 L/yr - ₹54 L/yr 247% more
Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 52% less
HSBC Global Banking and Markets Software Engineer Salary 1 - 5 years exp. (20 salaries)	₹5 L/yr - ₹10.4 L/yr 37% less
IndusInd Bank Software Engineer Salary 1 - 7 years exp. (16 salaries)	₹2.4 L/yr - ₹9.8 L/yr 33% less
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IDBI Bank Software Engineer Salary 2 - 3 years exp. (10 salaries)	₹5.1 L/yr - ₹16 L/yr 12% less
Canara Bank Software Engineer Salary 2 - 4 years exp. (8 salaries)	₹3.4 L/yr - ₹4.8 L/yr 64% less
Bandhan Bank Software Engineer Salary 2 - 5 years exp. (7 salaries)	₹1 L/yr - ₹8.6 L/yr 45% less
Mashreq Bank Software Engineer Salary 0 - 3 years exp. (7 salaries)	₹3.2 L/yr - ₹9.5 L/yr 53% less
Federal Bank Software Engineer Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹9 L/yr 56% less
Ujjivan Small Finance Bank Software Engineer Salary 3 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹12 L/yr 9% less
Jana Small Finance Bank Software Engineer Salary 2 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 50% less
Utkarsh Small Finance Bank Software Engineer Salary 3 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 63% less
City Union Bank Software Engineer Salary 4 - 7 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 1% less

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Software Engineer salary at South Indian Bank ranges between ₹5 Lakhs to ₹15.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Software Engineer salaries

Last Updated: 29 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr

Similar Designation salaries in South Indian Bank

Software Developer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Java Developer Salary

(3 salaries)

₹3.8 L/yr - ₹9.8 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹4.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Salary - Good

+1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Work satisfaction - Bad

+1 more

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

Skill development - Poor

+3 more

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

Skill development - Bad

+4 more

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Salary - Excellent

+5 more

Dislikes

Sometime too much of regulations and rules hurt the business

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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South Indian Bank Software Engineer Salary FAQs

How the salary growth look like for a Software Engineer at South Indian Bank in India?

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

Experience	Average Salary Range
Fresher	₹10.8 Lakhs to ₹13.8 Lakhs per year
1 year	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹13.8 Lakhs to ₹17.7 Lakhs per year

and so on.

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South Indian Bank Software Engineer Salaries

South Indian Bank Software Engineer salary in India ranges between ₹5 Lakhs to ₹15.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 South Indian Bank latest salaries received from various employees of South Indian Bank.