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State Bank of India Senior Software Engineer salaries in India

Annual salary range
6 - 11 years exp.
₹16.5 Lakhs - ₹25.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (84%)
₹14.4 Lakhs
Variable (16%)
₹2.7 Lakhs
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10% more than the average Senior Software Engineer Salary in Banking Companies for 6 - 11 years of experience

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Last Updated: 26 Mar 2023

Companies similar to State Bank of India for Senior Software Engineer

Company name Avg Annual Salary Open Jobs
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Bank of America Senior Software Engineer Salary

3 - 13 years exp. (975 salaries)

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₹7.5 L/yr - ₹28.1 L/yr

arrow icon 6% more
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Barclays Senior Software Engineer Salary

4 - 12 years exp. (275 salaries)

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₹11.1 L/yr - ₹45 L/yr

arrow icon 55% more
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₹18.6 L/yr - ₹43.2 L/yr

arrow icon 60% more
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Deutsche Bank Senior Software Engineer Salary

3 - 15 years exp. (97 salaries)

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₹11.5 L/yr - ₹42 L/yr

arrow icon 64% more
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₹19.6 L/yr - ₹42 L/yr

arrow icon 60% more
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HDFC Bank Senior Software Engineer Salary

3 - 8 years exp. (46 salaries)

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₹5.4 L/yr - ₹16 L/yr

arrow icon 46% less
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₹15.3 L/yr - ₹31.7 L/yr

arrow icon 29% more
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Axis Bank Senior Software Engineer Salary

4 - 10 years exp. (20 salaries)

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₹5.3 L/yr - ₹15 L/yr

arrow icon 34% less
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IDBI Bank Senior Software Engineer Salary

2 - 4 years exp. (18 salaries)

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₹7 L/yr - ₹21.6 L/yr

arrow icon 24% less
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ICICI Bank Senior Software Engineer Salary

2 - 10 years exp. (17 salaries)

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₹4.7 L/yr - ₹13.1 L/yr

arrow icon 48% less
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₹8.9 L/yr - ₹27.7 L/yr

arrow icon 10% less
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Yes Bank Senior Software Engineer Salary

4 - 8 years exp. (8 salaries)

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₹6.8 L/yr - ₹12 L/yr

arrow icon 40% less
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IndusInd Bank Senior Software Engineer Salary

4 - 10 years exp. (7 salaries)

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₹5.6 L/yr - ₹8.7 L/yr

arrow icon 54% less
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₹35 L/yr - ₹60 L/yr

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₹4.5 L/yr - ₹18.5 L/yr

arrow icon 37% less
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Canara Bank Senior Software Engineer Salary

3 - 12 years exp. (3 salaries)

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₹6 L/yr - ₹18.6 L/yr

arrow icon 36% less
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₹30 L/yr - ₹35.5 L/yr

arrow icon 86% more
Senior Software Engineer salary at State Bank of India ranges between ₹16.5 Lakhs to ₹25.3 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Senior Software Engineer

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6 years exp.
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11 years exp.
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7 years exp.
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9 years exp.

Experience wise State Bank of India Senior Software Engineer salaries

Last Updated: 26 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.3 L/yr
View all

Similar Designation salaries in State Bank of India

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₹11.17 L/yr - ₹20 L/yr
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₹8.96 L/yr - ₹15 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
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₹1.5 L/yr - ₹5.3 L/yr
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₹15 L/yr - ₹36 L/yr
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₹4.92 L/yr - ₹20 L/yr
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₹4.5 L/yr - ₹14 L/yr
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₹19 L/yr - ₹27 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Programmer Analyst Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.7 L/yr

Salary related reviews for State Bank of India

4.6

Rated by 2 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Jan 2025

1.0
 for  Salary and Benefits

Likes

Fixed salary

  • Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 15 Nov 2024

4.0
 for  Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

  • Salary - Good
  • +1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Other Department

3.0
  •  posted on 20 Oct 2024

5.0
 for  Salary and Benefits

Likes

Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

read more
  • Salary - Excellent
  • +2 more

Dislikes

There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Oct 2024

1.0
 for  Salary and Benefits

Likes

Job sercurity

  • Job security - Excellent

Dislikes

...ent transfers Boring job Spend 30+ years in rural area Work in a different state ( rural area of tgat state) Salary is peanuts Targets ( multiple) Toxic work culture Genrer biased policy Tremendous workload Late sitting 14 hrs a day Holiday working Leaves not sanctioned Eqyal salary for non performere and performers No grooming

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Sep 2024

4.0
 for  Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

read more
  • Salary - Good
  • +2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

read more
  • Company culture - Poor
  • +1 more
see more salary related reviews

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State Bank of India Senior Software Engineer Salary FAQs

What is the salary of Senior Software Engineer at State Bank of India ?
The average salary of a Senior Software Engineer at State Bank of India in India typically ranges from ₹16.5 Lakhs to ₹25.3 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Senior Software Engineer at State Bank of India earn more than ₹25.3 Lakhs per year, and the top 1% earn over ₹25.3 Lakhs per year. Senior Software Engineer Salaries at State Bank of India 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 5 State Bank of India employees in India.
What is the estimated take home salary of a Senior Software Engineer at State Bank of India in India?
The estimated take-home salary of a Senior Software Engineer at State Bank of India in India typically ranges from ₹1,15,775 to ₹1,19,006 per month. This is based on the average salary range of ₹16.5 Lakhs to ₹25.3 Lakhs per year for employees with experience ranging from 6 years to 11 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 5 salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than State Bank of India for Senior Software Engineer in India?
Sberbank Branch in India ₹35.0 Lakhs to ₹60.0 Lakhs per year
Chase Bank ₹30.0 Lakhs to ₹35.5 Lakhs per year
Deutsche Bank ₹11.5 Lakhs to ₹42.0 Lakhs per year
Standard Chartered ₹18.6 Lakhs to ₹43.2 Lakhs per year
IDFC FIRST Bank ₹19.6 Lakhs to ₹42.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.
What is the salary of a Senior Software Engineer in companies similar to State Bank of India in India?
The salary of a Senior Software Engineer at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹11.1 Lakhs to ₹45.0 Lakhs per year
Kotak Mahindra Bank ₹15.3 Lakhs to ₹31.7 Lakhs per year
Bank of America ₹7.5 Lakhs to ₹28.1 Lakhs per year
AU Small Finance Bank ₹8.9 Lakhs to ₹27.7 Lakhs per year
IDBI Bank ₹7.0 Lakhs to ₹21.6 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 Senior Software Engineer at State Bank of India in India?
The salary growth for a Senior Software Engineer at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Senior Software Engineer can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
6 years ₹6.3 Lakhs to ₹16.5 Lakhs per year
7 years ₹6.8 Lakhs to ₹18.0 Lakhs per year
8 years ₹7.4 Lakhs to ₹20.0 Lakhs per year
9 years ₹7.9 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Senior Software Engineer salary in India ranges between ₹16.5 Lakhs to ₹25.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.