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NCDEX Software Developer salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹3.1 Lakhs - ₹7.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Software Developer Salary at NCDEX ranges between ₹3.1 Lakhs to ₹7.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 23 latest salaries received... Read more

49% less than the average Software Developer Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 31 Jul 2025

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₹11.2 L/yr - ₹30.3 L/yr

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₹1.8 L/yr - ₹5 L/yr

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₹4.1 L/yr - ₹8.1 L/yr

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Latest annual salaries shared by NCDEX Software Developer

2d ago
₹5.4 Lakhs
4 years exp.
3w ago
₹5.9 Lakhs
3 years exp.
4w ago
₹5.7 Lakhs
2 years exp.
2mo ago
₹5.5 Lakhs
3 years exp.
2mo ago
₹4.9 Lakhs
1 year exp.
2mo ago
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3 years exp.
6mo ago
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2 years exp.
9mo ago
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2 years exp.
10mo ago
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3 years exp.

NCDEX Software Developer salaries by

Years of experience Avg. annual salary
Fresher (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
1 year  (5 salaries)

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₹3.1 L/yr - ₹5.2 L/yr
2 years  (9 salaries)

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₹4.8 L/yr - ₹7 L/yr
3 years  (7 salaries)

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₹5.2 L/yr - ₹7.3 L/yr
4 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr

Similar Designation Salaries at NCDEX

Similar Designation Avg. annual salary
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₹4.5 L/yr - ₹8 L/yr

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₹12 L/yr - ₹16 L/yr

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₹4.4 L/yr - ₹6.5 L/yr

Web Developer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

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₹4.4 L/yr - ₹5.6 L/yr

System Engineer Salary
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₹6.4 L/yr - ₹8.2 L/yr

Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹10.7 L/yr - ₹13.7 L/yr

Team Lead Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.6 L/yr

Senior Associate Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

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a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world. But I feel he is broke, Home loans and EMI are consuming his salary. 1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation. Welcome to India's newest illusion: high income with zero financial freedom. Literally feel he deserves this, but feel bad for him also! So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family? Do you agree too?
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Salary related reviews for NCDEX

5.0

Rated by 2 employees for salary & benefits

Engineering - Software & QA Department

4.0
  •  updated on 11 Jul 2023

4.0
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Likes

good working culture you can contact anytime with your supervisor and they will help you to resolve...

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Dislikes

The existing people having more experience in same organisation they don't want to change related to...

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  •  updated on 01 Sep 2020

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Too much of work load with over working period. No growth, no appreciation, no work satisfaction.

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Lot of politics and no proper management. No career growth, no increment, no appreciation. Only keep...

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3.0
  •  updated on 03 Nov 2024

3.0
 for  Salary and Benefits

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Earlier during Chairman and MD Mr. Ravikumar the Exchange was having a very open work culture and he...

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Politics are at the helm and they target individuals who are honest and upright in openly criticizin...

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3.0
  •  updated on 28 Jun 2022

3.0
 for  Salary and Benefits

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Friendly and supportive reporting managers and co-workers. They listen to the problems we face and p...

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5.0
  •  updated on 10 Mar 2022

5.0
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Job security was also pivotal because we need to learn n get the work done as per own dicision n wor...

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Nothing special I had that I dislike as from a junior trainee going to level up n up is something se...

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NCDEX Software Developer Salary FAQs

What is the salary of Software Developer at NCDEX ?
The average salary of a Software Developer at NCDEX in India typically ranges from ₹3.1 Lakhs to ₹7.3 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Software Developer at NCDEX earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Software Developer Salaries at NCDEX 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 20+ NCDEX employees in India.
What is the estimated take home salary of a Software Developer at NCDEX in India?
The estimated take-home salary of a Software Developer at NCDEX in India typically ranges from ₹38,923 to ₹40,104 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ salaries received from various employees of NCDEX. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than NCDEX for Software Developer in India?
CME Group ₹11.2 Lakhs to ₹30.3 Lakhs per year
Niyo Solutions ₹15.0 Lakhs to ₹24.0 Lakhs per year
Interactive Brokers ₹9.5 Lakhs to ₹26.7 Lakhs per year
OneAssist Consumer Solutions ₹13.5 Lakhs to ₹20.1 Lakhs per year
NASDAQ ₹8.6 Lakhs to ₹18.0 Lakhs per year

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

Biz 2 Credit Info Services ₹9.3 Lakhs to ₹17.4 Lakhs per year
Equifax ₹5.4 Lakhs to ₹12.0 Lakhs per year
Finicity ₹4.4 Lakhs to ₹10.6 Lakhs per year
PhillipCapital ₹4.1 Lakhs to ₹8.1 Lakhs per year
IndiaLends ₹5.5 Lakhs to ₹6.8 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 NCDEX in India?
The salary growth for a Software Developer at NCDEX depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at NCDEX:

Experience Average Salary Range
Fresher ₹4.1 Lakhs to ₹5.2 Lakhs per year
1 year ₹3.1 Lakhs to ₹5.2 Lakhs per year
2 years ₹4.8 Lakhs to ₹7.0 Lakhs per year
3 years ₹5.2 Lakhs to ₹7.3 Lakhs per year
and so on.

Tell us how to improve this page.

NCDEX Software Developer salary in India ranges between ₹3.1 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 NCDEX latest salaries received from various employees of NCDEX.