State Bank of India Mumbai Software Engineer Salaries by 2 Employees (Updated 2024)

2 - 4 years exp.

₹8.7 Lakhs - ₹11.2 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 18 Jan 2024

Companies similar to State Bank of India for Software Engineer in Mumbai

State Bank of India Software Engineer Salary

2 - 4 years exp. (AmbitionBox Estimate)

₹8.7 L/yr - ₹11.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 8 years exp. (853 salaries)	₹1.8 L/yr - ₹10 L/yr 37% less
Wipro Software Engineer Salary 0 - 8 years exp. (387 salaries)	₹1.8 L/yr - ₹14.3 L/yr 25% less	2 job openings
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Tech Mahindra Software Engineer Salary 0 - 7 years exp. (677 salaries)	₹2.2 L/yr - ₹10 L/yr 37% less	3 job openings
Accenture Software Engineer Salary 0 - 7 years exp. (854 salaries)	₹3 L/yr - ₹12 L/yr 26% less
Capgemini Software Engineer Salary 0 - 8 years exp. (1.4k salaries)	₹2 L/yr - ₹10.5 L/yr 41% less	46 job openings
Bank of America Software Engineer Salary 1 - 12 years exp. (178 salaries)	₹6.8 L/yr - ₹27.8 L/yr 66% more
HDFC Bank Software Engineer Salary 1 - 7 years exp. (55 salaries)	₹3.8 L/yr - ₹12 L/yr 14% less
Axis Bank Software Engineer Salary 1 - 5 years exp. (21 salaries)	₹3 L/yr - ₹10.7 L/yr 31% less
IDFC FIRST Bank Software Engineer Salary 1 - 5 years exp. (12 salaries)	₹3.8 L/yr - ₹11.8 L/yr 22% less
Barclays Software Engineer Salary 0 - 5 years exp. (12 salaries)	₹12 L/yr - ₹19.9 L/yr 67% more
Kotak Mahindra Bank Software Engineer Salary 3 - 6 years exp. (10 salaries)	₹6 L/yr - ₹18.7 L/yr 29% more
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ICICI Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.7 L/yr - ₹8.7 L/yr 25% less
IndusInd Bank Software Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹9.9 L/yr 35% less
Deutsche Bank Software Engineer Salary 2 - 6 years exp. (4 salaries)	₹9 L/yr - ₹28 L/yr 84% more	1 job opening
Yes Bank Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹7 L/yr 43% less
Reserve Bank of India Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹10 L/yr 42% less

Software Engineer salary at State Bank of India ranges between ₹8.7 Lakhs to ₹11.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of State Bank of India.

Similar Designation salaries in State Bank of India

Software Developer Salary

(4 salaries)

₹11 L/yr - ₹14 L/yr

Senior Software Developer Salary

(3 salaries)

₹11.2 L/yr - ₹20 L/yr

Top skills at State Bank of India for Software Engineer

.Net Core PHP Java Software Engineering PL SQL

Salary related reviews for State Bank of India

Field Officer in Amravati

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

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

Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Job sercurity

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

Deputy Manager in Mumbai

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.

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.

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

Service Staff in Coimbatore

Full Time

Other Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Working experience is good

Dislikes

They r not increasing the salary so it very bad of it. If we work in a companies the do increment for 6months once .but here nothing.they have bonus and other allowance.but here nothing.

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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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State Bank of India Software Engineer Salary FAQs

What is the notice period for Software Engineer at State Bank of India in Mumbai?

According to AmbitionBox, 100% of the State Bank of India Software Engineers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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State Bank of India Software Engineer Salaries in Mumbai

State Bank of India Software Engineer salary in Mumbai ranges between ₹8.7 Lakhs to ₹11.2 Lakhs. This is an estimate based on latest salaries received from employees of State Bank of India.