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Salary Guide 2026

Software Engineer Salary in Mumbai

Mumbai combines IT services and BFSI tech roles. FinTech companies and global investment banks offer premium packages. Freshers in BFSI tech (JP Morgan, Goldman Sachs) earn ₹8–12 LPA while IT services start at ₹4–6 LPA.

Fresher (0–2 yrs)

₹4–8 LPA

Average Salary

₹6 LPA

Experienced (5+ yrs)

₹15–35 LPA

Software Engineer Salary Breakdown by Experience — Mumbai

Experience LevelYearsSalary RangeNotes
Entry Level / Fresher0–2 years₹4–8 LPACampus hiring, trainee programmes
Junior / Mid Level2–5 years₹6 LPA (avg)After first 2–3 appraisals + job switch
Senior / Lead5–10 years₹15–35 LPAWith specialisation + leadership skills
Manager / Principal10+ yearsVaries by companySignificant ESOPs in product companies

Top Companies Hiring Software Engineers in Mumbai

TCSAccentureCapgeminiJP MorganGoldman SachsMorgan StanleyD.E. Shaw

Key Skills to Earn More as a Software Engineer

JavaPythonC++SQLSpring BootMicroservicesAWSGit

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