JPMorgan Chase & Co. Quantitative Developer Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹25 Lakhs - ₹42 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

Quantitative Developer Salary at JPMorgan Chase & Co. ranges between ₹25 Lakhs to ₹42 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4... Read more

118% more than the average Quantitative Developer Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 24 May 2025

Companies similar to JPMorgan Chase & Co. for Quantitative Developer

Company name	Avg Annual Salary	Open Jobs
Morgan Stanley Quantitative Developer Salary 2 - 4 years exp. (3 salaries)	₹23 L/yr - ₹30 L/yr 21% less
Futures First info Services Quantitative Developer Salary 0 - 2 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 55% less
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Barclays Quantitative Developer Salary Fresher (4 salaries)	₹28 L/yr - ₹35 L/yr 8% less

NatWest Group Quantitative Developer Salary 4 - 13 years exp. (4 salaries)	₹23 L/yr - ₹41 L/yr 3% more
Solytics Partners Quantitative Developer Salary 1 - 6 years exp. (4 salaries)	₹8 L/yr - ₹56 L/yr 43% less

JPMorgan Chase & Co. Quantitative Developer salaries by

Years of experience	Avg. annual salary
Fresher (AmbitionBox Estimate)	₹37.8 L/yr - ₹48.3 L/yr
1 year (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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2 years (AmbitionBox Estimate)	₹32.7 L/yr - ₹41.8 L/yr

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What people are saying about JPMorgan Chase & Co.

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a backend developer

Need help !!

I am currently working as a Senior Software Engineer at my current company and I have over 2.5 years of experience including internships. I've got promoted in my current company within 6 months. I am currently looking to get a brand name in my resume for which I'd need to switch to a top tier company. What's the best path which will almost certainly guarantee my role in a top tier company for example JPMC, etc (Mumbai based offices or remote)

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Salary related reviews for JPMorgan Chase & Co.

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• updated on 01 Mar 2025

5.0

for Salary and Benefits

Likes

...balanced, at times one may need to stretch, but organization never encourage it. Salary at par, and great perks given too.

Salary - Excellent

+6 more

Dislikes

No wfh option available with the recent changes announced by the top management. However flexibility will be given based on personal requirements, fingers crossed.

Senior Associate in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• updated on 16 Dec 2024

4.0

for Salary and Benefits

Likes

... repetitive work . One can manage and make a balance in personal and work stuff. Salary is good if you negotiate good at the time of joining. Later it becomes stagnant ( bonus is good )

Salary - Good

+2 more

Dislikes

Work , skill development , self growth is quite difficult as mostly old technologies are running since years . Senior monopoly. Very less scope for new comer to learn , implement new things , gives ideas and growth . Few people sitting since inception at senior level , they do not move resulting impacting your growth .

Skill development - Bad

+2 more

Technical Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• updated on 17 Jul 2024

4.0

for Salary and Benefits

Likes

Its a good mix of work culture and ethnicity. I do like the new age set of workplace and people to work with. Happy to be here

Salary - Good

+6 more

Dislikes

Well from my line of business the pay isnt that great but it isnt mediocre either. I would say you will be pleased. And that is the only con as of now

Senior Associate in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

3.0

• updated on 19 Jun 2024

2.0

for Salary and Benefits

Likes

Flexibility at work, Latest tech, You can learn development if you are at automation work, Managers are good, but ? Job security if you work good.

Job security - Good

+2 more

Dislikes

Salary is less, Promotion could be delayed, Work without salary hike and Promotions.

Salary - Poor

+1 more

Senior Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• updated on 20 May 2024

4.0

for Salary and Benefits

Likes

Good Work Culture Work Life Balance is Good Joining Package is good You have the freedom to express your views and provide your input Works on latest tech. Very active on picking up latest tech to the project.

Salary - Good

+5 more

Dislikes

-Hike are average -Employees who are not working good or are too bad both in personality as well as professionality are given way too much leniency which makes it very tough for other employees who are trying to do good for the project. -Office politics are fairly visible from the onshore US teams.

Promotions - Poor

see more salary related reviews

JPMorgan Chase & Co. Quantitative Developer Salary FAQs

What is the salary of Quantitative Developer at JPMorgan Chase & Co. ?

The average salary of a Quantitative Developer at JPMorgan Chase & Co. in India typically ranges from ₹25.0 Lakhs to ₹42.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Quantitative Developer at JPMorgan Chase & Co. earn more than ₹42.0 Lakhs per year, and the top 1% earn over ₹42.0 Lakhs per year. Quantitative Developer Salaries at JPMorgan Chase & Co. 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 4 JPMorgan Chase & Co. employees in India.

What is the estimated take home salary of a Quantitative Developer at JPMorgan Chase & Co. in India?

The estimated take-home salary of a Quantitative Developer at JPMorgan Chase & Co. in India typically ranges from ₹2,11,327 to ₹2,19,745 per month. This is based on the average salary range of ₹25.0 Lakhs to ₹42.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Quantitative Developer at JPMorgan Chase & Co. ?

To be a Quantitative Developer at JPMorgan Chase & Co. in india, the key skills required include:

- Analytics
- Linux
- Data Engineering
- Data Analytics
- Python

These skills are highly valued at JPMorgan Chase & Co. and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than JPMorgan Chase & Co. for Quantitative Developer in India?

NatWest Group

₹23.0 Lakhs to ₹41.0 Lakhs per year

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

What is the salary of a Quantitative Developer in companies similar to JPMorgan Chase & Co. in India?

The salary of a Quantitative Developer at companies similar to JPMorgan Chase & Co. in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹28.0 Lakhs to ₹35.0 Lakhs per year
Morgan Stanley	₹23.0 Lakhs to ₹30.0 Lakhs per year
Solytics Partners	₹8.0 Lakhs to ₹56.0 Lakhs per year
Futures First info Services	₹14.0 Lakhs to ₹18.0 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 Quantitative Developer at JPMorgan Chase & Co. in India?

The salary growth for a Quantitative Developer at JPMorgan Chase & Co. depends on factors such as experience, performance, and promotions. On average, a Quantitative Developer can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience	Average Salary Range
Fresher	₹37.8 Lakhs to ₹48.3 Lakhs per year
1 year	₹22.5 Lakhs to ₹28.8 Lakhs per year
2 years	₹32.7 Lakhs to ₹41.8 Lakhs per year

and so on.

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JPMorgan Chase & Co. Quantitative Developer Salaries

JPMorgan Chase & Co. Quantitative Developer salary in India ranges between ₹25 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..