Travelex Mumbai Software Developer Salaries by 9 Employees

1 - 6 years exp.

₹4.5 Lakhs - ₹8.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Software Developer Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 29 May 2023

Companies similar to Travelex for Software Developer in Mumbai

Travelex Software Developer Salary

1 - 6 years exp. (9 salaries)

₹4.5 L/yr - ₹8.6 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Developer Salary 0 - 12 years exp. (121 salaries)	₹12.2 L/yr - ₹39.3 L/yr 319% more
TIAA Global Business Services Software Developer Salary 0 - 7 years exp. (38 salaries)	₹7 L/yr - ₹20 L/yr 125% more
Login to view exact salary
Morningstar Software Developer Salary 1 - 6 years exp. (22 salaries)	₹7 L/yr - ₹24 L/yr 128% more
Citicorp Software Developer Salary 2 - 6 years exp. (4 salaries)	₹13.5 L/yr - ₹26.6 L/yr 270% more
Pamac Finserve Software Developer Salary 1 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr 61% less

Software Developer salary at Travelex ranges between ₹4.5 Lakhs to ₹8.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Travelex.

Experience wise Travelex Software Developer salaries in Mumbai

Last Updated: 29 May 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
2 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
4 years (4 salaries)	₹4.9 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Travelex

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Senior Software Engineer Salary

(13 salaries)

₹9 L/yr - ₹15.5 L/yr

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Senior Software Developer Salary

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₹6.5 L/yr - ₹12.5 L/yr

Java Developer Salary

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Lead Engineer Salary

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Salary related reviews for Travelex

5.0

Rated by 1 employees for salary & benefits

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 27 Mar 2023

5.0

for Salary and Benefits

Likes

...hift and two way cab for night shift which is free of cost with shift allowance. If you are working on public holidays you will get comp-off plus extra pay for that day with meals. Good canteen facilities. If you are getting bored, you can play Carrom, Video Games with your colleagues. Excellent work culture. You will celebrate all festivals and enjoy fun activities. Drink lovers can enjoy the Annual Party with unlimited drinks and other stuffs in 5 star hotels. Company organises annual Cricket League for cricket lovers too. You can cover your spouse, childrens and parents also in mediclaim no extra pay for your parents. You won't regret after joining this company.

Salary - Excellent

+5 more

Dislikes

There is nothing to dislike except job security

Analyst in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 17 May 2022

5.0

for Salary and Benefits

Likes

Salary Good higher management. Employee friendly policies Employee welfare

Salary - Excellent

+3 more

Dislikes

Poor middle management and leads who create politics hindering the growth . No scope for growth of skills No learning Lazy attitude of most employees towards work. Proactive attitude is highly needed .

Promotions - Poor

+1 more

AVP - Deputy Head Of IT Support in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Mar 2023

2.0

for Salary and Benefits

Likes

- Social events is the only good point. - Variable pay

Dislikes

- No work life Balance. - High level of Partiality. - If you have worked in a disciplined environment then it would be difficult to survive here as there is no defined process and professional culture in this organisation. - Senior Management is very rude and manipulate process almost every day. - Blame game is too common. - Difficult to reach Senior Management to propose any suggestions or improvement plan. - Worst legacy application environment is in place to work with however nonone will tell u before appointment and post appointment management will pressurize like anything. - HR never ever assist for any Query. - On paper hybrid work culture mentioned there but reality is different. - Think atleast thrice before u join.

Salary - Poor

+6 more

Senior Analyst in Mumbai

It Operations Department

3.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

... the teams are merged with over loaded work Half of the staff redundant Pros:- On time salary Good leave policy Health insurance for self and parents Free Transport No career growth if you are hardworking person.

Dislikes

Already mentioned.

Skill development - Poor

+4 more

Analyst in Mumbai

Finance & Accounting Department

2.0

• posted on 14 Aug 2020

1.0

for Salary and Benefits

Likes

They allow me work from home. Which helps me a lot in covid 19

Dislikes

The didn't provide the good network connection. Salary deduction, haven't provide us bonus of 1st , 2nd quarter No increment & there no job security now.

Salary - Bad

+4 more

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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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Travelex Software Developer Salary FAQs

What is the salary of Software Developer at Travelex in Mumbai?

The average salary of a Software Developer at Travelex in Mumbai typically ranges from ₹4.5 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Developer in Mumbai at Travelex earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Software Developer Salaries at Travelex 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 9 Travelex employees in India.

What is the estimated take home salary of a Software Developer at Travelex in Mumbai?

The estimated take-home salary of a Software Developer at Travelex in Mumbai typically ranges from ₹46,530 to ₹47,633 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 1 year 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 9 salaries received from various employees of Travelex. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Travelex for Software Developer in India?

JPMorgan Chase & Co.	₹12.2 Lakhs to ₹39.3 Lakhs per year
Citicorp	₹13.5 Lakhs to ₹26.6 Lakhs per year
Morningstar	₹7.0 Lakhs to ₹24.0 Lakhs per year
TIAA Global Business Services	₹7.0 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Travelex in Mumbai?

The salary of a Software Developer at companies similar to Travelex in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pamac Finserve

₹2.3 Lakhs to ₹2.7 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 Developer at Travelex in Mumbai?

The salary growth for a Software Developer at Travelex in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Developer in Mumbai can expect the following growth trajectory at Travelex:

Experience	Average Salary Range
1 year	₹5.5 Lakhs to ₹7.0 Lakhs per year
2 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
3 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
4 years	₹4.9 Lakhs to ₹8.0 Lakhs per year

and so on.

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Travelex Software Developer Salaries in Mumbai

Travelex Software Developer salary in Mumbai ranges between ₹4.5 Lakhs to ₹8.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Travelex latest salaries received from various employees of Travelex.