Volvo Bangalore / Bengaluru Software Developer Salaries by 10+ Employees (Updated 2025)

2 - 6 years exp.

₹12 Lakhs - ₹23.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

42% more than the average Software Developer Salary in Automobile Companies for 2 - 6 years of experience

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Last Updated: 12 Mar 2025

Companies similar to Volvo for Software Developer in Bangalore / Bengaluru

Volvo Software Developer Salary

2 - 6 years exp. (16 salaries)

₹12 L/yr - ₹23.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Ola Electric Mobility Software Developer Salary 0 - 4 years exp. (58 salaries)	₹9.6 L/yr - ₹24 L/yr 17% more
Volvo IT Software Developer Salary 1 - 10 years exp. (19 salaries)	₹5.6 L/yr - ₹27.8 L/yr 10% more
Login to view exact salary
Mahindra & Mahindra Software Developer Salary 1 - 5 years exp. (11 salaries)	₹3 L/yr - ₹8.1 L/yr 61% less
General Motors Software Developer Salary 1 - 4 years exp. (10 salaries)	₹3.2 L/yr - ₹12 L/yr 53% less
Ford Motor Software Developer Salary 2 - 6 years exp. (7 salaries)	₹9.3 L/yr - ₹16.1 L/yr 12% less
Daimler India Commercial Vehicles Software Developer Salary 2 - 5 years exp. (4 salaries)	₹4.7 L/yr - ₹16.8 L/yr 19% less
CNH Industrial Software Developer Salary 5 - 7 years exp. (3 salaries)	₹22 L/yr - ₹25 L/yr 57% more

Software Developer salary at Volvo ranges between ₹12 Lakhs to ₹23.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Volvo.

Experience wise Volvo Software Developer salaries in Bangalore / Bengaluru

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
3 years (7 salaries)	₹5.3 L/yr - ₹23.7 L/yr
Login to view exact salary
4 years (3 salaries)	₹10 L/yr - ₹18 L/yr
5 years (3 salaries)	₹8.5 L/yr - ₹24 L/yr
6 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr

Similar Designation salaries in Volvo

Software Engineer Salary

(128 salaries)

₹7.5 L/yr - ₹25.94 L/yr

Senior Engineer Salary

(60 salaries)

₹6.45 L/yr - ₹26 L/yr

Application Developer Salary

(22 salaries)

₹6 L/yr - ₹22.2 L/yr

Senior Software Developer Salary

(6 salaries)

₹12.85 L/yr - ₹38.33 L/yr

Lead Software Engineer Salary

(5 salaries)

₹15.6 L/yr - ₹28.15 L/yr

Senior Developer Salary

(5 salaries)

₹13 L/yr - ₹33 L/yr

Salary related reviews for Volvo

3.9

Rated by 4 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Less work pressure No much work

Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

Salary - Poor

+5 more

Quality Checker in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

Work satisfaction - Good

+1 more

Dislikes

Contractual job is not a future and salary is just ok

Skill development - Poor

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 27 Oct 2023

1.0

for Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

Job security - Excellent

+1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

Salary - Bad

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

4.0

• posted on 08 May 2021

3.0

for Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

Skill development - Good

+1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

AGM (Group Manager) - Chassis in Bangalore / Bengaluru

Full Time

Research & Development Department

5.0

• posted on 17 Dec 2024

4.0

for Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

Salary - Good

+6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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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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Volvo Software Developer Salary FAQs

What is the salary of Software Developer at Volvo in Bangalore / Bengaluru?

The average salary of a Software Developer at Volvo in Bangalore / Bengaluru typically ranges from ₹12.0 Lakhs to ₹23.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Developer in Bangalore / Bengaluru at Volvo earn more than ₹23.4 Lakhs per year, and the top 1% earn over ₹36.0 Lakhs per year. Software Developer Salaries at Volvo 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+ Volvo employees in India.

What is the estimated take home salary of a Software Developer at Volvo in Bangalore / Bengaluru?

The estimated take-home salary of a Software Developer at Volvo in Bangalore / Bengaluru typically ranges from ₹99,850 to ₹1,02,566 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹23.4 Lakhs per year for employees with experience ranging from 2 years 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 10+ salaries received from various employees of Volvo. Check how we calculate in-hand salary with our in-hand salary calculator.

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

CNH Industrial	₹22.0 Lakhs to ₹25.0 Lakhs per year
Ola Electric Mobility	₹9.6 Lakhs to ₹24.0 Lakhs per year
Volvo IT	₹5.6 Lakhs to ₹27.8 Lakhs per year

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

What is the salary of a Software Developer in companies similar to Volvo in Bangalore / Bengaluru?

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

Ford Motor	₹9.3 Lakhs to ₹16.1 Lakhs per year
Daimler India Commercial Vehicles	₹4.7 Lakhs to ₹16.8 Lakhs per year
General Motors	₹3.2 Lakhs to ₹12.0 Lakhs per year
Mahindra & Mahindra	₹3.0 Lakhs to ₹8.1 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 Volvo in Bangalore / Bengaluru?

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

Experience	Average Salary Range
2 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
3 years	₹5.3 Lakhs to ₹23.7 Lakhs per year
4 years	₹10.0 Lakhs to ₹18.0 Lakhs per year
5 years	₹8.5 Lakhs to ₹24.0 Lakhs per year

and so on.

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Volvo Software Developer Salaries in Bangalore / Bengaluru

Volvo Software Developer salary in Bangalore / Bengaluru ranges between ₹12 Lakhs to ₹23.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Volvo latest salaries received from various employees of Volvo.