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JPMorgan Chase & Co. Software Engineer salaries in Mumbai (Updated 2025)

Annual salary range
0 - 12 years exp.
₹11 Lakhs - ₹36 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Software Engineer Salary at JPMorgan Chase & Co. ranges between ₹11 Lakhs to ₹36 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 477... Read more

191% more than the average Software Engineer Salary in Financial Services Companies for 0 - 12 years of experience

Interested in this particular role? 15 job openings

What are the roles & responsibilities of a Software Engineer at JPMorgan Chase & Co.?

Team Leadership

  • Provide overall direction and oversight for software engineering teams
  • Mentor and coach junior to mid-level engineers
  • Ensure collaboration across teams and stakeholders
  • Manage resources and budget for technical projects

Technical Guidance

  • Develop high-quality production code and review others' code

Read full roles & responsibilities

Last Updated: 25 Jun 2025

Companies similar to JPMorgan Chase & Co. for Software Engineer in Mumbai

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JPMorgan Chase & Co. Software Engineer Salary

0 - 12 years exp. (477 salaries)

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₹11 L/yr - ₹36 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morningstar Software Engineer Salary

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Morgan Stanley Software Engineer Salary

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₹11 L/yr - ₹40 L/yr

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Marsh McLennan Software Engineer Salary

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₹3.9 L/yr - ₹13.1 L/yr

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UBS Software Engineer Salary

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₹9.3 L/yr - ₹25 L/yr

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Aditya Birla Capital Software Engineer Salary

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₹3.5 L/yr - ₹13 L/yr

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Blackrock Software Engineer Salary

1 - 4 years exp. (10 salaries)

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₹10 L/yr - ₹16.3 L/yr

arrow icon 42% less
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₹11 L/yr - ₹24 L/yr

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₹5.5 L/yr - ₹20 L/yr

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JPMorgan Chase & Co. Software Engineer Salary and Career Growth

From

To

Software Engineer

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0 - 12 years exp.

Software Engineer III

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3 - 14 years exp.

Software Engineer

0 - 12 years exp.
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Associate Software Engineer

2 - 14 years exp.
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arrow icon 8% hike

Software Engineer2

0 - 10 years exp.
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arrow icon -9% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by JPMorgan Chase & Co. Software Engineer in Mumbai

2d ago
₹20 Lakhs
8 years exp.
6d ago
₹30.2 Lakhs
6 years exp.
6d ago
₹21.8 Lakhs
1 year exp.
1w ago
₹21 Lakhs
3 years exp.
1w ago
₹32.9 Lakhs
7 years exp.
2w ago
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2 years exp.
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10 years exp.

JPMorgan Chase & Co. Software Engineer salaries by

Years of experience Avg. annual salary
Fresher  (8 salaries)

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₹13.3 L/yr - ₹30 L/yr
1 year  (33 salaries)

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₹10 L/yr - ₹21.8 L/yr
2 years  (47 salaries)

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₹10 L/yr - ₹25 L/yr
3 years  (55 salaries)

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₹9.2 L/yr - ₹33 L/yr
4 years  (57 salaries)

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₹10.3 L/yr - ₹36.5 L/yr
View all salaries by experience

Similar Designation Salaries at JPMorgan Chase & Co.

Similar Designation Avg. annual salary
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₹12.9 L/yr - ₹40 L/yr

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₹14.0 L/yr - ₹50 L/yr

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₹12.0 L/yr - ₹46.2 L/yr

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₹35 L/yr - ₹58 L/yr

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₹15.8 L/yr - ₹24.9 L/yr

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₹4.3 L/yr - ₹10.4 L/yr

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₹25 L/yr - ₹29.8 L/yr

View more similar designations

What people are saying about JPMorgan Chase & Co.

View All
a backend developer
1w
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)
Got a question about JPMorgan Chase & Co.?
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Salary related reviews for JPMorgan Chase & Co.

4.0

Rated by 26 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  updated on 16 May 2024

3.0
 for  Salary and Benefits

Likes

Good office facilities Free cab service Decent pay and compensation Good and challenging work

read more

Dislikes

Very long working hours No work life balance Favouritism worst culture Micro management and office politics Micro aggression ,ED and vps abusing people on call No job security , if you raise any concern the managers would target you and sideline you. Even company doesnot bother to fix the issues rather want employee to suffer

read more
  • Skill development - Bad
  • +5 more

Engineering - Software & QA Department

2.0
  •  updated on 22 Jun 2022

2.0
 for  Salary and Benefits

Likes

Good performance based bonus. Opportunity to learn/growth and exposure to latest technologies

read more
  • Job security - Good

Dislikes

Working for some projects/team can put you off, as timelines are drawn up without having optimum resources or due diligence and existing team members are put to extreme pressure to deliver on same. Performance appraisals/discussions do not acknowledge the efforts you had put it in and offer no motivation to stay in the team. Sometimes it becomes toxic/frustrating to work in such environment. It's astonishing that some higher up's have so much control on the numbers given at the end of the year for any given employee, that no one above them or even HR can question them. They can be totally skewed and irrational irrespective of employee's performance.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  updated on 09 Feb 2023

3.0
 for  Salary and Benefits

Likes

PTO and benefits Job security You get enough time to work on projects They pay attention to new technologies you bring up or new ideas

read more
  • Skill development - Excellent
  • +2 more

Dislikes

hybrid work when remote can do just fine slow rise upward hard to implement new technologies, always versions behind

  • Promotions - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 20 Mar 2023

4.0
 for  Salary and Benefits

Likes

...good work life balance for the most part. When its crunch time, its crunch time. Decent pay, and good job security.

read more
  • Salary - Good
  • +6 more

Dislikes

Doesn't pay as much as tech companies but pay is still decent.

Engineering - Hardware & Networks Department

5.0
  •  updated on 12 Dec 2021

4.0
 for  Salary and Benefits

Likes

... service company but you can expect to learn lot of new technologies and tools. Work culture is too good and salary and other perks are better compared to other IT companies.

read more
  • Salary - Good
  • +6 more

Dislikes

It's not so easy to move higher order position within the firm. Lot of hierarchy and at times your suggestions won't reach till the top management.

read more
see more salary related reviews

JPMorgan Chase & Co. Software Engineer Salary FAQs

What is the salary of Software Engineer at JPMorgan Chase & Co. in Mumbai?
The average salary of a Software Engineer at JPMorgan Chase & Co. in Mumbai typically ranges from ₹11.0 Lakhs to ₹36.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Software Engineer in Mumbai at JPMorgan Chase & Co. earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Software Engineer 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 400+ JPMorgan Chase & Co. employees in India.
What is the estimated take home salary of a Software Engineer at JPMorgan Chase & Co. in Mumbai?
The estimated take-home salary of a Software Engineer at JPMorgan Chase & Co. in Mumbai typically ranges from ₹1,59,281 to ₹1,65,346 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹36.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 400+ 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 Software Engineer at JPMorgan Chase & Co. in Mumbai?
To be a Software Engineer at JPMorgan Chase & Co. in Mumbai, the key skills required include:

  • - Finance
  • - HR
  • - Operations
  • - technology
  • - Operations

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 Software Engineer in India?
Morgan Stanley ₹11.0 Lakhs to ₹40.0 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 Software Engineer in companies similar to JPMorgan Chase & Co. in Mumbai?
The salary of a Software Engineer at companies similar to JPMorgan Chase & Co. in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS ₹9.3 Lakhs to ₹25.0 Lakhs per year
TIAA Global Business Services ₹11.0 Lakhs to ₹24.0 Lakhs per year
Blackrock ₹10.0 Lakhs to ₹16.3 Lakhs per year
Morningstar ₹6.0 Lakhs to ₹19.0 Lakhs per year
Motilal Oswal Financial Services ₹5.5 Lakhs to ₹20.0 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 Software Engineer at JPMorgan Chase & Co. in Mumbai?
The salary growth for a Software Engineer at JPMorgan Chase & Co. in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Mumbai can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience Average Salary Range
Fresher ₹13.3 Lakhs to ₹30.0 Lakhs per year
1 year ₹10.0 Lakhs to ₹21.8 Lakhs per year
2 years ₹10.0 Lakhs to ₹25.0 Lakhs per year
3 years ₹9.2 Lakhs to ₹33.0 Lakhs per year
and so on.

Top skills at JPMorgan Chase & Co. for Software Engineer

Python Java Cloud Problem Solving Agile Microservices

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JPMorgan Chase & Co. Software Engineer salary in Mumbai ranges between ₹11 Lakhs to ₹36 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 477 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..