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3.9

based on 11.6k Reviews

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IDFC FIRST Bank Software Engineer salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹4 Lakhs - ₹10.7 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Software Engineer Salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹10.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 53 latest... Read more

9% more than the average Software Engineer Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role?

Last Updated: 9 Jun 2025

Companies similar to IDFC FIRST Bank for Software Engineer

Company name Avg Annual Salary Open Jobs
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Standard Chartered Software Engineer Salary

0 - 8 years exp. (165 salaries)

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₹6 L/yr - ₹24 L/yr

arrow icon 42% more
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HDFC Bank Software Engineer Salary

1 - 6 years exp. (95 salaries)

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₹4 L/yr - ₹14.5 L/yr

arrow icon 7% less
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ICICI Bank Software Engineer Salary

0 - 3 years exp. (67 salaries)

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₹9.2 L/yr - ₹17.5 L/yr

arrow icon 3% more
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RBL Bank Software Engineer Salary

1 - 4 years exp. (63 salaries)

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₹3.9 L/yr - ₹15 L/yr

At par
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Axis Bank Software Engineer Salary

1 - 4 years exp. (63 salaries)

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₹2.3 L/yr - ₹12.8 L/yr

arrow icon 26% less
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Kotak Mahindra Bank Software Engineer Salary

2 - 6 years exp. (49 salaries)

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₹13.9 L/yr - ₹30 L/yr

arrow icon 77% more
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Yes Bank Software Engineer Salary

0 - 7 years exp. (23 salaries)

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₹2.6 L/yr - ₹9.3 L/yr

arrow icon 47% less
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Emirates NBD Software Engineer Salary

6 - 11 years exp. (22 salaries)

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₹18 L/yr - ₹65 L/yr

arrow icon 353% more
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HSBC Global Banking and Markets Software Engineer Salary

1 - 4 years exp. (18 salaries)

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₹5 L/yr - ₹10.8 L/yr

arrow icon 27% less
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IndusInd Bank Software Engineer Salary

1 - 6 years exp. (17 salaries)

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₹9.7 L/yr - ₹18 L/yr

arrow icon 24% more
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Canara Bank Software Engineer Salary

2 - 4 years exp. (8 salaries)

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₹3.4 L/yr - ₹4.8 L/yr

arrow icon 60% less
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IDBI Bank Software Engineer Salary

2 - 3 years exp. (7 salaries)

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₹9.5 L/yr - ₹17 L/yr

arrow icon 23% more
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Bandhan Bank Software Engineer Salary

0 - 6 years exp. (7 salaries)

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₹2.1 L/yr - ₹10.1 L/yr

arrow icon 43% less
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Federal Bank Software Engineer Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 57% less
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Ujjivan Small Finance Bank Software Engineer Salary

3 - 5 years exp. (5 salaries)

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₹5.5 L/yr - ₹12 L/yr

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0 - 7 years exp. (5 salaries)

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₹7.2 L/yr - ₹10 L/yr

arrow icon 18% less
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Barclays Investment Bank Software Engineer Salary

2 - 11 years exp. (4 salaries)

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₹13.2 L/yr - ₹22 L/yr

arrow icon 84% more
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Jana Small Finance Bank Software Engineer Salary

2 - 4 years exp. (4 salaries)

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₹4.2 L/yr - ₹7 L/yr

arrow icon 45% less
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Utkarsh Small Finance Bank Software Engineer Salary

3 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

arrow icon 59% less
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Chase Bank Software Engineer Salary

1 - 5 years exp. (4 salaries)

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₹5.5 L/yr - ₹17.5 L/yr

arrow icon 12% less

Latest annual salaries shared by IDFC FIRST Bank Software Engineer

3d ago
₹18 Lakhs
8 months exp.
1w ago
₹17 Lakhs
1 year exp.
1w ago
₹18 Lakhs
3 years exp.
2w ago
₹3.6 Lakhs
4 years exp.
2w ago
₹24 Lakhs
4 years exp.
1mo ago
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5 years exp.
1mo ago
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2 years exp.
1mo ago
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2 years exp.
2mo ago
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3 years exp.
2mo ago
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5 years exp.

IDFC FIRST Bank Software Engineer salaries by

Years of experience Avg. annual salary
Fresher  (3 salaries)

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₹9.3 L/yr - ₹18 L/yr
1 year  (8 salaries)

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₹5.7 L/yr - ₹18.5 L/yr
Login to view exact salary info icon
2 years  (11 salaries)

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₹4 L/yr - ₹17.8 L/yr
3 years  (16 salaries)

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₹3.8 L/yr - ₹16.9 L/yr
4 years  (9 salaries)

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₹4.1 L/yr - ₹16.4 L/yr
5 years  (6 salaries)

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₹5.6 L/yr - ₹12.5 L/yr
View all salaries by experience

Similar Designation Salaries at IDFC FIRST Bank

Similar Designation Avg. annual salary
Lead Software Engineer Salary
(AmbitionBox Estimate)
unlock-blur

₹21.6 L/yr - ₹27.6 L/yr

Senior Engineer Salary
(4 salaries)
unlock-blur

₹9.9 L/yr - ₹22.3 L/yr

Login to view exact salary info icon
System Engineer Salary
(3 salaries)
unlock-blur

₹6 L/yr - ₹22 L/yr

Senior Software Engineer Salary
(60 salaries)
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₹23.1 L/yr - ₹41 L/yr

Lead Engineer Salary
(6 salaries)
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₹25 L/yr - ₹53 L/yr

Software Developer Salary
(65 salaries)
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₹7 L/yr - ₹25 L/yr

Project Engineer Salary
(AmbitionBox Estimate)
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₹24.3 L/yr - ₹31.1 L/yr

Associate Software Engineer Salary
(3 salaries)
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₹7 L/yr - ₹18 L/yr

Software Development Engineer Salary
(4 salaries)
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₹9.6 L/yr - ₹21 L/yr

Senior Developer Salary
(31 salaries)
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₹15 L/yr - ₹44 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
5d
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for IDFC FIRST Bank

3.8

Rated by 3 employees for salary & benefits

Senior Software Developer in Bangalore / Bengaluru

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  updated on 22 Jul 2024

3.0
 for  Salary and Benefits

Likes

They offer good compensation to steal good people and then treat them like garbage

read more

Dislikes

Hell , pathetic environment. Worst ever experience. Managers target employees and make their life hell. For every responsibility they warn you on job security. Only *ss lickers can survive ar this company. A constant feeling of stress and pressure. No appreciation , no leaves allowed. Its hell. Even some employees are devil. To protect their job they demean their own team members.

read more
  • Skill development - Bad
  • +4 more

Deputy Manager in Ahmedabad

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 29 Apr 2025

4.0
 for  Salary and Benefits

Likes

Incentives

  • Salary - Good
  • +1 more

Dislikes

...able and not do anything to any work just site and how to highlight upper level. Don’t why company give her salary so much illegal work she doing I request to HR and other team please check my branch people are just sitting nothing else no one care about what’s going on with management and customer

read more
  • Work satisfaction - Bad
  • +1 more

Customer Service Executive in Noida

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  updated on 27 Apr 2025

5.0
 for  Salary and Benefits

Likes

If i talk about my experience with bank is too good because salary range compare to other bank is higher also i found first office where office politics is zero

read more
  • Salary - Excellent
  • +4 more

Dislikes

Work life balance due to roster and also you have to work on non working days as well

Deputy Manager in Navi Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 08 Apr 2025

5.0
 for  Salary and Benefits

Likes

Salary was good, work environment was good.

  • Salary - Excellent
  • +1 more

Dislikes

Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.

read more
  • Promotions - Poor

Senior Product Support Engineer in Mumbai

Full Time

 · 

Product Management Department

2.0
  •  updated on 31 Mar 2025

3.0
 for  Salary and Benefits

Likes

...ant in this bank....total politics..they remove me after working hard 3 years...later on new manager kept his employee from diffrent vendor and they said because salary budget we are removing you from this position.... If they have salary budget then why they call new employee in that project.. Just politics...and nothing

read more
  • Work satisfaction - Good
  • +2 more

Dislikes

Everything

  • Job security - Bad
  • +1 more
see more salary related reviews
More about working at IDFC FIRST Bank
golden leaf award AmbitionBox awards

Top Rated Banking Company - 2025

golden leaf award
golden leaf award AmbitionBox awards

#3 Top Rated Banking Company - 2024

golden leaf award
  • HQ - Mumbai, Maharashtra, India
  • Banking
  • 10k-50k Employees (India)
  • Public
  • Financial Services

IDFC FIRST Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IDFC FIRST Bank ?
The average salary of a Software Engineer at IDFC FIRST Bank in India typically ranges from ₹4.0 Lakhs to ₹10.7 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Software Engineer at IDFC FIRST Bank earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Software Engineer Salaries at IDFC FIRST Bank 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 50+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Software Engineer at IDFC FIRST Bank in India?
The estimated take-home salary of a Software Engineer at IDFC FIRST Bank in India typically ranges from ₹70,141 to ₹71,945 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from Fresher to 5 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 50+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Engineer at IDFC FIRST Bank ?
To be a Software Engineer at IDFC FIRST Bank in india, the key skills required include:

  • - Information Technology
  • - Linux
  • - Data Structures
  • - Automation
  • - Database Design

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IDFC FIRST Bank for Software Engineer in India?
Emirates NBD ₹18.0 Lakhs to ₹65.0 Lakhs per year
Barclays Investment Bank ₹13.2 Lakhs to ₹22.0 Lakhs per year
Kotak Mahindra Bank ₹13.9 Lakhs to ₹30.0 Lakhs per year
Standard Chartered ₹6.0 Lakhs to ₹24.0 Lakhs per year
IndusInd Bank ₹9.7 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.
What is the salary of a Software Engineer in companies similar to IDFC FIRST Bank in India?
The salary of a Software Engineer at companies similar to IDFC FIRST Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹9.5 Lakhs to ₹17.0 Lakhs per year
ICICI Bank ₹9.2 Lakhs to ₹17.5 Lakhs per year
Ujjivan Small Finance Bank ₹5.5 Lakhs to ₹12.0 Lakhs per year
RBL Bank ₹3.9 Lakhs to ₹15.0 Lakhs per year
HDFC Bank ₹4.0 Lakhs to ₹14.5 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 Engineer at IDFC FIRST Bank in India?
The salary growth for a Software Engineer at IDFC FIRST Bank depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹9.3 Lakhs to ₹18.0 Lakhs per year
1 year ₹5.7 Lakhs to ₹18.5 Lakhs per year
2 years ₹4.0 Lakhs to ₹17.8 Lakhs per year
3 years ₹3.8 Lakhs to ₹16.9 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Software Engineer Salaries by Location

  • IDFC FIRST Bank Software Engineer salaries in Mumbai
  • IDFC FIRST Bank Software Engineer salaries in Bangalore / Bengaluru
  • IDFC FIRST Bank Software Engineer salaries in Pune
  • IDFC FIRST Bank Software Engineer salaries in Hyderabad / Secunderabad
  • IDFC FIRST Bank Software Engineer salaries in Chennai
  • Show more
  • IDFC FIRST Bank Software Engineer salaries in Navi Mumbai
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  • IDFC FIRST Bank Software Engineer Salaries

IDFC FIRST Bank Software Engineer salary in India ranges between ₹4 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

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Software Engineer Salary in India
based on 6L salaries
₹3 L/yr - ₹17 L/yr
9% more than the average Software Engineer Salary in India
View more details

IDFC FIRST Bank Software Engineer Reviews and Ratings

based on 3 reviews

4.4/5

Rating in categories

4.8

Skill development

1.0

Work-life balance

3.8

Salary

4.8

Job security

1.1

Company culture

3.8

Promotions

3.8

Work satisfaction

Explore 3 Reviews and Ratings
Compare IDFC FIRST Bank with
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Notice Period for Software Engineer at IDFC FIRST Bank

based on 38 responses

15 days or less
32%
1 Month
29%
3 Months
21%
2 Months
18%
View all
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