Software Development Engineer

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Software Development Engineer Salary in Financial Services in India

based on 2k latest salaries

Average Annual Salary

12.2 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

66,034 - ₹ 67,721

Software Development Engineer salary in India ranges between ₹ 3.6 Lakhs to ₹ 23.6 Lakhs with an average annual salary of ₹ 12.2 Lakhs. Salary estimates are based on 2k latest salaries received from Software Development Engineers.

Last Updated: 13 Sept, 2024

Salaries in different departments

Engineering - Software & QA
Software Development Engineer Salary
0 - 5 years exp. (1.5k salaries)
12 Lakhs

₹3.6 L/yr - ₹24 L/yr

Data Science & Analytics
Software Development Engineer Salary
0 - 4 years exp. (11 salaries)
10.6 Lakhs

₹6 L/yr - ₹12 L/yr

Research & Development
Software Development Engineer Salary
0 - 3 years exp. (10 salaries)
10.3 Lakhs

₹4.5 L/yr - ₹10.5 L/yr

IT & Information Security
Software Development Engineer Salary
0 - 3 years exp. (8 salaries)
7.6 Lakhs

₹6 L/yr - ₹7.5 L/yr

UX, Design & Architecture
Software Development Engineer Salary
0 - 2 years exp. (4 salaries)
6.7 Lakhs

₹5 L/yr - ₹9.5 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Software Development Engineer salary in India with less than 1 year of experience to 5 years ranges from ₹ 3.6 Lakhs to ₹ 23.6 Lakhs with an average annual salary of ₹ 12.2 Lakhs based on 2k latest salaries.

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Top Paying Companies for Software Development Engineer Select an experience to unlock

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Top Skills for Software Development Engineers

based on 11,440 jobs

Skills

Jobs demanding the skill

1

Software Development

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2

Python

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4

Javascript

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5

Coding

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Popular Financial Services Companies for Software Development Engineer in India

Company Name Avg Annual Salary
1 - 5 yrs exp. (227 salaries)

6 Lakhs

₹2.6 L/yr - ₹13.3 L/yr

8.7 Lakhs

₹6.2 L/yr - ₹12.8 L/yr

18.7 Lakhs

₹12 L/yr - ₹30 L/yr

11.6 Lakhs

₹6.6 L/yr - ₹20.4 L/yr

0 - 8 yrs exp. (68 salaries)

12.8 Lakhs

₹5.3 L/yr - ₹26 L/yr

14.6 Lakhs

₹8.4 L/yr - ₹20 L/yr

6.5 Lakhs

₹5 L/yr - ₹9.5 L/yr

5.7 Lakhs

₹4 L/yr - ₹11 L/yr

13.6 Lakhs

₹7.5 L/yr - ₹26 L/yr

17.7 Lakhs

₹7 L/yr - ₹29 L/yr

Salary related reviews by similar designations like Software Development Engineer

TCS

Associate Consultant

3.0
posted on 31 Aug 2024

3.0 for Salary and Benefits

Likes

Too much of learning opportunities. Better place to upskill and improve knowledge base.

Dislikes

No hike, No promotion, Too much politics. New joiners should not compromise with their salary in hand because that is going to be the salary for rest of your life in this company.

read more

Societe Generale Global Solution Centre

Software Engineer

4.0
posted on 12 Jul 2023

3.0 for Salary and Benefits

Likes

Job security Decent salary ( depends on college too )

Dislikes

Old technologies Old minds doing the management

Girmiti Software

Software Engineer

5.0
posted on 27 Jun 2023

5.0 for Salary and Benefits

Likes

Career wise opportunity are lot. Seniors show the path. Atmosphere is light. Salary good.

read more

Dislikes

Some of the guys are reactive and not proactive. So you have to take initiative

IBM

Senior Consultant

3.0
posted on 26 Jul 2024

3.0 for Salary and Benefits

Likes

I liked the pay structure and the extra bonus policy .

Dislikes

No promotion, less hike , can't take vacations though you have enough leave balance .

JPMorgan Chase & Co.

Associate

4.0
posted on 18 Jun 2024

4.0 for Salary and Benefits

Likes

Working in JPMorgan has been a great experience. Starting from package increament work life balance is been very good

read more

Dislikes

Only issue is here the technology they use is very old and knowledge growth become stagnent after some period of time

Frequently Asked Questions about Software Development Engineer Salaries

What is the salary of a Software Development Engineer in India?
Average salary for a Software Development Engineer in India is 12.2 Lakhs per year (₹1.0L per month). Salary estimates are based on 2k latest salaries received from various Software Development Engineers across industries.
What are the top paying companies that employ Software Development Engineers?
What is the starting salary for a Software Development Engineer in India?
Average starting Salary for Software Development Engineer in India is around ₹3.6 Lakhs per year (₹30.0k per month). No prior experience is required to be a Software Development Engineer.
What is the highest salary for a Software Development Engineer in India?
Highest salary that a Software Development Engineer can earn is ₹23.6 Lakhs per year (₹2.0L per month).
How does Software Development Engineer Salary in India change with experience?
An Entry Level Software Development Engineer with less than three years of experience earns an average salary of ₹10.8 Lakhs per year. A mid-career Software Development Engineer with 4-9 years of experience earns an average salary of ₹13.8 Lakhs per year, while an experienced Software Development Engineer with 10-20 years of experience earns an average salary of ₹22.2 Lakhs per year.
What are the top paying industries for Software Development Engineer in India?
What are the top paying cities for Software Development Engineer in India?
What are the popular/top skills required to become a Software Development Engineer?
These are the top skills of a Software Development Engineer based on 11.4k jobs posted by employers.
  • Software Development
  • Python
  • Java
  • Javascript
  • Coding