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Velox Solutions Software Developer salaries in Mumbai (Updated 2025)

Annual salary range
1 - 3 years exp.
₹1.8 Lakh - ₹6.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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62% less than the average Software Developer Salary in Financial Services Companies for 1 - 3 years of experience

Interested in this particular role?

Last Updated: 19 Jan 2025

Companies similar to Velox Solutions for Software Developer in Mumbai

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Velox Solutions Software Developer Salary

1 - 3 years exp. (12 salaries)

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₹1.8 L/yr - ₹6.5 L/yr

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Tradebulls Software Developer Salary

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₹6 L/yr - ₹14 L/yr

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0 - 9 years exp. (1.4k salaries)

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₹3.6 L/yr - ₹12.7 L/yr

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₹3.8 L/yr - ₹14.6 L/yr

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Accenture Software Developer Salary

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1 job opening
Software Developer salary at Velox Solutions ranges between ₹1.8 Lakh to ₹6.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 12 latest salaries received from various employees of Velox Solutions.

Latest annual salaries shared by Velox Solutions Software Developer in Mumbai

2mo ago
₹3.6 Lakhs
1 year exp.
8mo ago
₹6.5 Lakhs
3 years exp.

Experience wise Velox Solutions Software Developer salaries in Mumbai

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
1 year  (6 salaries)

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₹1.8 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr

Similar Designation salaries in Velox Solutions

Java Developer Salary
(13 salaries)
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₹3 L/yr - ₹6.24 L/yr
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₹4.5 L/yr - ₹8 L/yr

Top skills at Velox Solutions for Software Developer

SQL Server Oracle SQL MySQL Software Development SQL

Salary related reviews for Velox Solutions

2.9

Rated by 3 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 06 Dec 2024

2.0
 for  Salary and Benefits

Likes

...ng and development. 2. The colleagues and leads are very guiding and helpful. 3. Higher chances of promotion based on merit based performance (not proportional to salary) provided you have a good rapport with the management.

read more
  • Skill development - Good

Dislikes

...ome to work at 9:30 but cannot leave at 6:30 as it is seen as a lazy mindset. 6. The treatment of pregnant women with maternal leaves is very bad and often salary is held back or only credited partially.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 11 Jul 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...e of fear and blame. There is no support and guidance, just constant criticism . Zero Work Life Balance- Expect to work long hours, weekends without any recognition and compensation Lack of career growth- No opportunities for advancement Unethical Practices- No standard compliances for PF, IT etc. Poor Communication- Misleading to employees as well as customers Note: Please don't trust the 5 star rating. All the reviews are fake.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Human Resources Department

5.0
  •  posted on 04 Apr 2025

5.0
 for  Salary and Benefits

Likes

Working at Velox Solutions has been an enriching experience. The company provides a great work environment, supportive leadership, and ample opportunities for professional growth. The company values work-life balance and offers flexible working hours. Management understands employee well-being and encourages a healthy work environment. The leadership team is approachable and open to feedback. The work culture is transparent and employees are encouraged to take ownership of their work. Positive work culture, growth opportunities, supportive leadership. I highly recommend Velox Solutions to professionals looking for a great workplace with growth opportunities and a positive work environment.

read more
  • Salary - Excellent
  • +6 more

Full Time

 · 

Human Resources Department

4.0
  •  posted on 04 Apr 2025

4.0
 for  Salary and Benefits

Likes

The management is supportive & always offering guidance, there are endless opportunities to learn & grow. Collogues are good & helpful. HR manager is very supportive & knowledgeable. She provides valuable guidance & helps a lot to grow professionally.

read more
  • Salary - Good
  • +5 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 23 Sep 2023

1.0
 for  Salary and Benefits

Likes

I don’t think i like anything about the company but i found some friends as my colleagues here

Dislikes

There are N numbers of things I found while working with velox so i can say this is a terrible company when i received offer from velox i had seen the company bad reviews even after that I thought everything company have it’s good and bad side so with this positive attitude I joined velox but later i have realised it was a worst decision ever only i know that how I survived 8 months over there please as a employee I’m saying please don’t join this company it’s very dangerous for your career they don’t have any policies and management just company owner is playing with every employee like a dictator this company don’t have office timings you can’t leave office on 6:30 if you dare they will mentally torture you by deducting your salary by holding your salary there are no weekoffs they will ask you to work on Saturday sunday if you’ll deny that they will deduct your salary and company MD will call you at anytime after office hours to scold on you just because he have bad mood just a moody person you’ll never gonna learn anything new here and this will destroy your career they have 3 month notice period that’s also without pay when you’ll put resignation they will hold your salary for 5 month for FNF to force everyone to stay in the company please don’t join this company i am not the only one who is saying this you can read other reviews as well everything is same as reviews please don’t join this company you’ll get may companies much much better than velox

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  • Salary - Bad
  • +6 more
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Velox Solutions Software Developer Salary FAQs

What is the salary of Software Developer at Velox Solutions in Mumbai?
The average salary of a Software Developer at Velox Solutions in Mumbai typically ranges from ₹1.8 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Software Developer in Mumbai at Velox Solutions earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Software Developer Salaries at Velox Solutions 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 10+ Velox Solutions employees in India.
What is the estimated take home salary of a Software Developer at Velox Solutions in Mumbai?
The estimated take-home salary of a Software Developer at Velox Solutions in Mumbai typically ranges from ₹26,686 to ₹28,099 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 10+ salaries received from various employees of Velox Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Developer at Velox Solutions in Mumbai?
To be a Software Developer at Velox Solutions in Mumbai, the key skills required include:

  • - SQL Server
  • - Oracle SQL
  • - MySQL
  • - Software Development
  • - SQL

These skills are highly valued at Velox Solutions and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Velox Solutions for Software Developer in India?
Accenture ₹4.3 Lakhs to ₹23.2 Lakhs per year
Tradebulls ₹6.0 Lakhs to ₹14.0 Lakhs per year
Capgemini ₹3.8 Lakhs to ₹14.6 Lakhs per year
TCS ₹3.6 Lakhs to ₹12.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Velox Solutions, depending on the role and experience level.
How the salary growth look like for a Software Developer at Velox Solutions in Mumbai?
The salary growth for a Software Developer at Velox Solutions 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 Velox Solutions:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.0 Lakhs to ₹6.0 Lakhs per year
3 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
and so on.

Tell us how to improve this page.

Velox Solutions Software Developer salary in Mumbai ranges between ₹1.8 Lakh to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Velox Solutions latest salaries received from various employees of Velox Solutions.